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IndusInd Bank Banker salaries in Mumbai (Updated 2025)

Annual salary range
1 - 8 years exp.
₹2.5 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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7% less than the average Banker Salary in Banking Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Banker Salary
4 - 6 years exp. (3 salaries)
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₹2.5 L/yr - ₹4.5 L/yr

Sales & Business Development
Banker Salary
1 - 8 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5.5 L/yr

Risk Management & Compliance
Banker Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.5 L/yr

Marketing & Communication
Banker Salary
2 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.7 L/yr

Last Updated: 16 Mar 2025

Companies similar to IndusInd Bank for Banker in Mumbai

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IndusInd Bank Banker Salary

1 - 8 years exp. (12 salaries)

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₹2.5 L/yr - ₹5.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Banker Salary

0 - 6 years exp. (50 salaries)

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₹1.8 L/yr - ₹9 L/yr

arrow icon 3% less
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Axis Bank Banker Salary

1 - 8 years exp. (26 salaries)

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₹2.5 L/yr - ₹6.8 L/yr

arrow icon 13% more
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IDFC FIRST Bank Banker Salary

0 - 7 years exp. (21 salaries)

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₹2 L/yr - ₹5 L/yr

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1 job opening
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Yes Bank Banker Salary

1 - 8 years exp. (6 salaries)

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₹2.3 L/yr - ₹6.5 L/yr

arrow icon 4% more
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AU Small Finance Bank Banker Salary

2 - 5 years exp. (5 salaries)

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₹3.7 L/yr - ₹5.1 L/yr

arrow icon 7% less
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IDBI Bank Banker Salary

11 - 13 years exp. (3 salaries)

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₹12 L/yr - ₹17 L/yr

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Bank of Baroda Banker Salary

4 - 10 years exp. (3 salaries)

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₹4 L/yr - ₹13 L/yr

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Banker salary at IndusInd Bank ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 12 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Banker in Mumbai

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8 years exp.
4mo ago
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5 years exp.
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2 years exp.
6mo ago
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8 years exp.
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3 years exp.
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7 years exp.
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1 year exp.

Experience wise IndusInd Bank Banker salaries in Mumbai

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4 L/yr
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹7.2 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(760 salaries)
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₹1.7 L/yr - ₹8.05 L/yr
Branch Manager Salary
(76 salaries)
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₹7.53 L/yr - ₹25 L/yr
Sales Manager Salary
(54 salaries)
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₹2.4 L/yr - ₹10.8 L/yr
Team Lead Salary
(28 salaries)
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₹2.9 L/yr - ₹9.63 L/yr
Analyst Salary
(17 salaries)
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₹10.16 L/yr - ₹12.62 L/yr
Sales Executive Salary
(10 salaries)
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₹1.5 L/yr - ₹3.7 L/yr
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₹3 L/yr - ₹7.5 L/yr

Salary related reviews for IndusInd Bank

3.7

Rated by 3 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 22 Jan 2025

1.0
 for  Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

read more

Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 03 Jan 2025

2.0
 for  Salary and Benefits

Likes

Only thing i like salary on 25 of every month nothing else

Dislikes

No proper support from managers branch managers are dangerous towards employee favourite employe get good support . Not treat equally . No proper hr support . Manager use their power to spoil employee life. Unrealistic target . This is not bank these are insurance company. They only focus on insurance. No proper training. No proper support . Second thing if u have do pr die situation then join Indusind bank other wise explore your self and search other opportunities. Hr not received your call . Hr will also not understand your problem even you share medical thereafter they will not relieve you . Hr is only for name and position. Huge politics . If you hard worker employee and source good business then managers will map your clients to his favourite employee. They will treat you like you are slave. (Convulsion) Pls don’t join until and unless you have do or die situation either join for 1 or 6 months after resigned )

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 08 Dec 2024

1.0
 for  Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 04 Dec 2024

2.0
 for  Salary and Benefits

Likes

Job security, salary on time

  • Job security - Good

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Sep 2024

2.0
 for  Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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IndusInd Bank Banker Salary FAQs

What is the salary of Banker at IndusInd Bank in Mumbai?
The average salary of a Banker at IndusInd Bank in Mumbai typically ranges from ₹2.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Banker in Mumbai at IndusInd Bank earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Banker Salaries at IndusInd Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ IndusInd Bank employees in India.
What is the estimated take home salary of a Banker at IndusInd Bank in Mumbai?
The estimated take-home salary of a Banker at IndusInd Bank in Mumbai typically ranges from ₹30,874 to ₹32,175 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IndusInd Bank for Banker in India?
IDBI Bank ₹12.0 Lakhs to ₹17.0 Lakhs per year
Bank of Baroda ₹4.0 Lakhs to ₹13.0 Lakhs per year
Axis Bank ₹2.5 Lakhs to ₹6.8 Lakhs per year
Yes Bank ₹2.3 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IndusInd Bank, depending on the role and experience level.
What is the salary of a Banker in companies similar to IndusInd Bank in Mumbai?
The salary of a Banker at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank ₹2.0 Lakhs to ₹5.0 Lakhs per year
ICICI Bank ₹1.8 Lakhs to ₹9.0 Lakhs per year
AU Small Finance Bank ₹3.7 Lakhs to ₹5.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Banker at IndusInd Bank in Mumbai?
The salary growth for a Banker at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Banker in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
1 year ₹1.5 Lakhs to ₹4.0 Lakhs per year
2 years ₹1.5 Lakhs to ₹3.9 Lakhs per year
3 years ₹3.9 Lakhs to ₹7.2 Lakhs per year
4 years ₹3.0 Lakhs to ₹7.4 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Banker salary in Mumbai ranges between ₹2.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 IndusInd Bank latest salaries received from various employees of IndusInd Bank.