IndusInd Bank Mumbai BDM Salaries by 8 Employees

0 - 6 years exp.

₹2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

30% less than the average BDM Salary in Banking Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations BDM Salary 0 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹3.8 L/yr
BFSI, Investments & Trading BDM Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.3 L/yr
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Sales & Business Development BDM Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Last Updated: 24 Dec 2023

Companies similar to IndusInd Bank for BDM in Mumbai

IndusInd Bank BDM Salary

0 - 6 years exp. (8 salaries)

₹2 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Life Insurance Company BDM Salary 3 - 10 years exp. (5 salaries)	₹4 L/yr - ₹6 L/yr 66% more
Jaro Education BDM Salary 2 - 5 years exp. (4 salaries)	₹4 L/yr - ₹8.7 L/yr 114% more
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Oyo Rooms BDM Salary 2 - 6 years exp. (3 salaries)	₹6.8 L/yr - ₹10 L/yr 121% more
Labournet Services BDM Salary 16 - 17 years exp. (3 salaries)	₹8.1 L/yr - ₹10.4 L/yr 172% more
CADD Centre Training Services BDM Salary 12 - 15 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 51% more

BDM salary at IndusInd Bank ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 8 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank BDM salaries in Mumbai

Last Updated: 24 Dec 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹5.7 L/yr
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2 years (4 salaries)	₹2.7 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.3 L/yr

View all

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(760 salaries)

₹1.7 L/yr - ₹8.05 L/yr

Chief Manager Salary

(318 salaries)

₹5.79 L/yr - ₹18 L/yr

Assistant Vice President Salary

(234 salaries)

₹7.5 L/yr - ₹29 L/yr

Service Delivery Manager Salary

(222 salaries)

₹2 L/yr - ₹6 L/yr

Back Office Executive Salary

(144 salaries)

₹1 L/yr - ₹4 L/yr

Associate Vice President Salary

(118 salaries)

₹7.7 L/yr - ₹30 L/yr

AVP Salary

(100 salaries)

₹9.1 L/yr - ₹29 L/yr

Relationship Officer Salary

(28 salaries)

₹1.7 L/yr - ₹4 L/yr

Sales Executive Salary

(10 salaries)

₹1.5 L/yr - ₹3.7 L/yr

Salary related reviews for IndusInd Bank

3.6

Rated by 2 employees for salary & benefits

BDM in Mumbai

Finance & Accounting Department

4.0

• posted on 08 Dec 2019

3.0

for Salary and Benefits

Likes

Historical name of bank .Puncual time in salary deliver. Modern and Digital Product Activation specially luxury person like Product .

Skill development - Good

+1 more

Dislikes

Not very good BDM leadership quality based on some branch location,some effectiveness high class citizens Not meat to meadil class citizens Productivity

Sales Executive in Jabalpur

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

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 ...

Salary - Bad

+6 more

Associate Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

...corporate. Work life balance, knowledge uplift, work satisfaction are very good. Salary and Appraisal are low when compared to industry. Seniors guide us well.

Salary - Good

+5 more

Dislikes

Salary and Appraisal.

Deputy Manager in Guwahati

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.

Salary - Bad

+5 more

Deputy Manager in Mumbai

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.

Salary - Poor

+3 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IndusInd Bank BDM Salary FAQs

What is the salary of BDM at IndusInd Bank in Mumbai?

The average salary of a BDM at IndusInd Bank in Mumbai typically ranges from ₹2.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of BDM in Mumbai at IndusInd Bank earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. BDM 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 8 IndusInd Bank employees in India.

What is the estimated take home salary of a BDM at IndusInd Bank in Mumbai?

The estimated take-home salary of a BDM at IndusInd Bank in Mumbai typically ranges from ₹23,984 to ₹25,438 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher to 6 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 8 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 BDM in India?

Labournet Services	₹8.1 Lakhs to ₹10.4 Lakhs per year
Oyo Rooms	₹6.8 Lakhs to ₹10.0 Lakhs per year
Jaro Education	₹4.0 Lakhs to ₹8.7 Lakhs per year
SBI Life Insurance Company	₹4.0 Lakhs to ₹6.0 Lakhs per year
CADD Centre Training Services	₹4.5 Lakhs to ₹5.8 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.

How the salary growth look like for a BDM at IndusInd Bank in Mumbai?

The salary growth for a BDM at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a BDM in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹5.5 Lakhs per year
1 year	₹2.0 Lakhs to ₹5.7 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.9 Lakhs per year
3 years	₹1.3 Lakhs to ₹3.8 Lakhs per year

and so on.

Tell us how to improve this page.

IndusInd Bank BDM salary in Mumbai ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 IndusInd Bank latest salaries received from various employees of IndusInd Bank.