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IndusInd Bank Banking Officer salaries in Indore

Annual salary range
1 - 5 years exp.
₹1.6 Lakh - ₹3.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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31% less than the average Banking Officer Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Banking Officer Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹1.6 L/yr - ₹3.2 L/yr

Marketing & Communication
Banking Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

Sales & Business Development
Banking Officer Salary
5 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.7 L/yr

Last Updated: 3 Sep 2024

Companies similar to IndusInd Bank for Banking Officer in Indore

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IndusInd Bank Banking Officer Salary

1 - 5 years exp. (6 salaries)

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₹1.6 L/yr - ₹3.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Banking Officer Salary

0 - 6 years exp. (21 salaries)

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₹2.1 L/yr - ₹5.8 L/yr

arrow icon 30% more
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₹2 L/yr - ₹4.5 L/yr

arrow icon 20% more
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₹2 L/yr - ₹3 L/yr

arrow icon 14% less
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₹1.9 L/yr - ₹2.6 L/yr

arrow icon 9% less
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State Bank of India Banking Officer Salary

1 - 4 years exp. (3 salaries)

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₹4.9 L/yr - ₹9.9 L/yr

arrow icon 144% more
Banking Officer salary at IndusInd Bank ranges between ₹1.6 Lakh to ₹3.7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Banking Officer in Indore

7mo ago
₹2.3 Lakhs
1 year exp.
10mo ago
₹3.7 Lakhs
5 years exp.
1y ago
₹2 Lakhs
2 years exp.

Experience wise IndusInd Bank Banking Officer salaries in Indore

Last Updated: 3 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr

Similar Designation salaries in IndusInd Bank

Branch Manager Salary
(64 salaries)
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₹4.89 L/yr - ₹18 L/yr
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₹3.22 L/yr - ₹11.5 L/yr
Branch Head Salary
(23 salaries)
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₹4.24 L/yr - ₹17.61 L/yr
Teller Salary
(14 salaries)
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₹1.7 L/yr - ₹3.75 L/yr
Credit Analyst Salary
(9 salaries)
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₹7.73 L/yr - ₹12.5 L/yr
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₹2.9 L/yr - ₹4.2 L/yr

Top skills at IndusInd Bank for Banking Officer

Current Account Banking Sales Private Banking CASA Financial Sales Banking Operations

Salary related reviews for IndusInd Bank

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 Jan 2025

5.0
 for  Salary and Benefits

Likes

On time salary

  • Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

read more
  • Skill development - Bad
  • +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

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Aug 2023

2.0
 for  Salary and Benefits

Likes

IndusInd Bank is very good organisation in terms of doing business but they are not giving salary hike/appraisal for are employees those who are working since last five years.

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Aa an employee I would like to get more salary as I have experience more than 12 years

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 14 Jan 2024

3.0
 for  Salary and Benefits

Likes

Getting salary at 25 of every month

Dislikes

90% people resigned on 3 months People who serve 3 yr , 4 yr in other banks , didn't survived No job security Worst culture Managers used to shoutout Abusing culture This bank is bleeding for new customer Everyone asking for resigne here Branch manager, channel head , zh , rh. every person will get ask for resign from 1st month every morning. Every one have to open savings account everyday otherwise person have to resign. If someone can not open 40 accounts in 2 month person will get pressurized for resignation. Have to through pamphlets in park and have to stand in mall , have to run in local market to ask about account weather you are Mba or CA.. they are going to behave you like slave .

read more
  • Job security - Bad
  • +4 more
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IndusInd Bank Banking Officer Salary FAQs

What is the salary of Banking Officer at IndusInd Bank in Indore?
The average salary of a Banking Officer at IndusInd Bank in Indore typically ranges from ₹1.6 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Banking Officer in Indore at IndusInd Bank earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Banking Officer 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 6 IndusInd Bank employees in India.
What is the estimated take home salary of a Banking Officer at IndusInd Bank in Indore?
The estimated take-home salary of a Banking Officer at IndusInd Bank in Indore typically ranges from ₹18,950 to ₹20,629 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 1 year to 5 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 6 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Banking Officer at IndusInd Bank in Indore?
To be a Banking Officer at IndusInd Bank in Indore, the key skills required include:

  • - Current Account
  • - Banking Sales
  • - Private Banking
  • - CASA
  • - Financial Sales

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IndusInd Bank for Banking Officer in India?
State Bank of India ₹4.9 Lakhs to ₹9.9 Lakhs per year
ICICI Bank ₹2.1 Lakhs to ₹5.8 Lakhs per year
Ujjivan Small Finance Bank ₹2.0 Lakhs to ₹4.5 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 Banking Officer in companies similar to IndusInd Bank in Indore?
The salary of a Banking Officer at companies similar to IndusInd Bank in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services ₹1.9 Lakhs to ₹2.6 Lakhs per year
Jana Small Finance Bank ₹2.0 Lakhs to ₹3.0 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 Banking Officer at IndusInd Bank in Indore?
The salary growth for a Banking Officer at IndusInd Bank in Indore depends on factors such as experience, performance, and promotions. On average, a Banking Officer in Indore can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
1 year ₹2.1 Lakhs to ₹2.6 Lakhs per year
2 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years ₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Banking Officer salary in Indore ranges between ₹1.6 Lakh to ₹3.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 IndusInd Bank latest salaries received from various employees of IndusInd Bank.