IndusInd Bank Mumbai BDM Salaries by 9 Employees (Updated 2024)

0 - 7 years exp.

₹2 Lakhs - ₹4.3 Lakhs

Salary of majority employees

29% less than the average BDM Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations BDM Salary 0 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹4.3 L/yr
BFSI, Investments & Trading BDM Salary 2 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.9 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: 11 Jan 2024

Companies similar to IndusInd Bank for BDM in Mumbai

IndusInd Bank BDM Salary

0 - 7 years exp. (9 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 60% more
Jaro Education BDM Salary 2 - 5 years exp. (4 salaries)	₹4 L/yr - ₹8.7 L/yr 111% more
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Labournet Services BDM Salary 16 - 17 years exp. (3 salaries)	₹8.1 L/yr - ₹10.4 L/yr 169% more
CADD Centre Training Services BDM Salary 12 - 15 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 49% more
Winsoft Technologies BDM Salary 7 - 8 years exp. (3 salaries)	₹9 L/yr - ₹11.5 L/yr 199% 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 7 years. Salary estimates are based on 9 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank BDM salaries in Mumbai

Last Updated: 11 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.3 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 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)	₹3.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.3 L/yr
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr

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Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(754 salaries)

₹1.7 L/yr - ₹8.05 L/yr

Chief Manager Salary

(339 salaries)

₹5.76 L/yr - ₹18 L/yr

Assistant Vice President Salary

(242 salaries)

₹8 L/yr - ₹28 L/yr

Service Delivery Manager Salary

(224 salaries)

₹2 L/yr - ₹6 L/yr

Back Office Executive Salary

(154 salaries)

₹1 L/yr - ₹3.35 L/yr

Associate Vice President Salary

(137 salaries)

₹9 L/yr - ₹28.5 L/yr

AVP Salary

(96 salaries)

₹9 L/yr - ₹29 L/yr

Relationship Officer Salary

(30 salaries)

₹1.5 L/yr - ₹4 L/yr

Sales Executive Salary

(13 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 .

Dislikes

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

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.

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

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.

Service Delivery Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Every process is slow and complicated

Dislikes

1. Joining process slow and worst 2. Once you join you have to do struggle to open your own salary account. 3. When you start doing operations, every process is so complicated. 4. If you open accounts, accounts getting freeze or total freeze in some time. 5. No support from BM, they said "I need business only do it from anywhere" and by mistake if portfolio assigned then you have to do sttrugle for customer you have to fight for your portfolio from KAM or RM, every customer is owned by KAM or RM from your portfolio. 6. MH, RH invites you on weekend for business in branch, branches open on weekends for only business.

Service Delivery Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 20 Sep 2024

4.0

for Salary and Benefits

Likes

Salary credited on time

Dislikes

According to customer's point of view...it provides horrible service.seniors are just mis-utilising their position...the timing is 8.45am to 7.00pm but cluster manager as well as bm force to sit and complete the targets ...They calls often most of the holidays to work full time at branch...if u will join this bank specially in bbsr region your personal life and mental health will be destroyed.Every day pressure and sells targets.Bms and cluster manager behaves rudely and they puts pressure until u committee suicide 🙏 please don't join this bank

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IndusInd Bank BDM Salary FAQs

What is the salary of BDM at IndusInd Bank Mumbai?

BDM salary at IndusInd Bank in Mumbai ranges between ₹2.0 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 29% less than the average BDM Salary in India. Salary estimates are based on 9 latest salaries received from various employees of IndusInd Bank Mumbai.

How does the salary of a BDM at IndusInd Bank Mumbai compare with the average salary range for this job?

The average salary of a BDM at IndusInd Bank is 29% less than the average salary of a BDM in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a BDM in Mumbai?

Winsoft Technologies BDM Salary - ₹9.0 Lakhs to ₹11.5 Lakhs per year
Labournet Services BDM Salary - ₹8.1 Lakhs to ₹10.4 Lakhs per year
Jaro Education BDM Salary - ₹4.0 Lakhs to ₹8.7 Lakhs per year
SBI Life Insurance Company BDM Salary - ₹4.0 Lakhs to ₹6.0 Lakhs per year
CADD Centre Training Services BDM Salary - ₹4.5 Lakhs to ₹5.8 Lakhs per year

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 ranges between ₹24,274 per month to ₹25,724 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank BDM salary in India which ranges between ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for BDM at IndusInd Bank in Mumbai?

According to AmbitionBox, 86% of the IndusInd Bank BDMs in Mumbai reported a notice period of 1 Month, 14% reported a notice period of 3 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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 9 IndusInd Bank latest salaries received from various employees of IndusInd Bank.