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IndusInd Bank Business Manager salaries in Mumbai

Annual salary range
2 - 10 years exp.
₹4 Lakhs - ₹12 Lakhs
Salary of majority employees
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33% less than the average Business Manager Salary in Banking Companies for 2 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Data Science & Analytics
Business Manager Salary
4 - 10 years exp. (4 salaries)
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₹6.6 L/yr - ₹12 L/yr

Sales & Business Development
Business Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹11.6 L/yr

BFSI, Investments & Trading
Business Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹10.6 L/yr

Finance & Accounting
Business Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹10.9 L/yr

Last Updated: 19 Aug 2024

Companies similar to IndusInd Bank for Business Manager in Mumbai

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IndusInd Bank Business Manager Salary

2 - 10 years exp. (9 salaries)

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₹4 L/yr - ₹12 L/yr

vs
Company name Avg Annual Salary Open Jobs
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AU Small Finance Bank Business Manager Salary

3 - 11 years exp. (21 salaries)

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₹3.3 L/yr - ₹6.5 L/yr

arrow icon 27% less
1 job opening
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Barclays Business Manager Salary

2 - 8 years exp. (10 salaries)

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₹14 L/yr - ₹19.2 L/yr

arrow icon 127% more
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Standard Chartered Business Manager Salary

2 - 6 years exp. (9 salaries)

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₹19.8 L/yr - ₹25.7 L/yr

arrow icon 225% more
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Axis Bank Business Manager Salary

5 - 10 years exp. (7 salaries)

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₹7.7 L/yr - ₹12.4 L/yr

arrow icon 31% more
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Deutsche Bank Business Manager Salary

8 - 11 years exp. (4 salaries)

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₹15.5 L/yr - ₹25.3 L/yr

arrow icon 169% more
11 job openings
Business Manager salary at IndusInd Bank ranges between ₹4 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Business Manager in Mumbai

7mo ago
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5 years exp.
8mo ago
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4 years exp.
1y ago
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5 years exp.

Experience wise IndusInd Bank Business Manager salaries in Mumbai

Last Updated: 19 Aug 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
4 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
5 years  (3 salaries)

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₹5.3 L/yr - ₹12.3 L/yr
6 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
View all

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(750 salaries)
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₹1.7 L/yr - ₹8 L/yr
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₹4.8 L/yr - ₹16.5 L/yr
Branch Manager Salary
(81 salaries)
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₹7.65 L/yr - ₹24.94 L/yr
Sales Manager Salary
(53 salaries)
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₹2.4 L/yr - ₹11.24 L/yr
Area Manager Salary
(7 salaries)
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₹13.44 L/yr - ₹20.51 L/yr
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₹6.7 L/yr - ₹23 L/yr

Top skills at IndusInd Bank for Business Manager

auto Sales Showroom Sales Banking Corporate Banking Competitor Analysis Campaign Management NBFC Commercial Banking Regulatory Reporting Project Management Loan Operations Campaign Planning Banking Operations Loan Operations

Salary related reviews for IndusInd Bank

2.5

Rated by 2 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 19 May 2023

3.0
 for  Salary and Benefits

Likes

Highly experienced staff... Finance job feel like finance... Starting salary is little less then we expect.. Supporting management

read more
  • Job security - Good

Dislikes

Slow process... Working environment staff is less cooperative. Individuals need to learn and work on own strategies.. Less pressure, less incentives, bcz of it learn whole process of the work module.

read more
  • Skill development - Bad
  • +1 more

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

 · 

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

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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 ...

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  • 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
see more salary related reviews

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IndusInd Bank Business Manager Salary FAQs

What is the salary of Business Manager at IndusInd Bank in Mumbai?
The average salary of a Business Manager at IndusInd Bank in Mumbai typically ranges from ₹4.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Business Manager in Mumbai at IndusInd Bank earn more than ₹10.9 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Business Manager 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 9 IndusInd Bank employees in India.
What is the estimated take home salary of a Business Manager at IndusInd Bank in Mumbai?
The estimated take-home salary of a Business Manager at IndusInd Bank in Mumbai typically ranges from ₹55,585 to ₹56,976 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 9 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 Business Manager at IndusInd Bank in Mumbai?
To be a Business Manager at IndusInd Bank in Mumbai, the key skills required include:

  • - auto
  • - Sales
  • - Showroom Sales
  • - Banking
  • - Corporate Banking

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 Business Manager in India?
Standard Chartered ₹19.8 Lakhs to ₹25.7 Lakhs per year
Deutsche Bank ₹15.5 Lakhs to ₹25.3 Lakhs per year
Barclays ₹14.0 Lakhs to ₹19.2 Lakhs per year
Axis Bank ₹7.7 Lakhs to ₹12.4 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 Business Manager in companies similar to IndusInd Bank in Mumbai?
The salary of a Business Manager at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AU Small Finance Bank ₹3.3 Lakhs to ₹6.5 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 Business Manager at IndusInd Bank in Mumbai?
The salary growth for a Business Manager at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Manager in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
2 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
3 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
4 years ₹5.6 Lakhs to ₹7.2 Lakhs per year
5 years ₹5.3 Lakhs to ₹12.3 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Business Manager salary in Mumbai ranges between ₹4 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 IndusInd Bank latest salaries received from various employees of IndusInd Bank.