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IndusInd Bank

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3.6

based on 10.4k Reviews

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IndusInd Bank Chief Manager salaries in Indore

Annual salary range
0 - 16 years exp.
₹6 Lakhs - ₹15.5 Lakhs
Salary of majority employees
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38% less than the average Chief Manager Salary in Banking Companies for 0 - 16 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Chief Manager Salary
1 - 16 years exp. (15 salaries)
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₹6.5 L/yr - ₹11.5 L/yr

BFSI, Investments & Trading
Chief Manager Salary
4 - 14 years exp. (13 salaries)
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₹7 L/yr - ₹13.5 L/yr

Finance & Accounting
Chief Manager Salary
5 - 12 years exp. (4 salaries)
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₹6 L/yr - ₹14.5 L/yr

Customer Success, Service & Operations
Chief Manager Salary
0 - 10 years exp. (3 salaries)
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₹9 L/yr - ₹11.5 L/yr

Risk Management & Compliance
Chief Manager Salary
3 - 10 years exp. (3 salaries)
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₹10 L/yr - ₹15 L/yr

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Last Updated: 11 Jan 2025

Companies similar to IndusInd Bank for Chief Manager in Indore

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IndusInd Bank Chief Manager Salary

0 - 16 years exp. (46 salaries)

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₹6 L/yr - ₹15.5 L/yr

vs
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IDFC FIRST Bank Chief Manager Salary

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Punjab National Bank Chief Manager Salary

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SRF Chief Manager Salary

10 - 16 years exp. (6 salaries)

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₹26 L/yr - ₹38 L/yr

arrow icon 197% more
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Polycab Wires Chief Manager Salary

13 - 20 years exp. (5 salaries)

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₹17.5 L/yr - ₹22 L/yr

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Chief Manager salary at IndusInd Bank ranges between ₹6 Lakhs to ₹15.5 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 46 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Chief Manager in Indore

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Experience wise IndusInd Bank Chief Manager salaries in Indore

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹9 L/yr - ₹19.7 L/yr
1 year (AmbitionBox Estimate)

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₹10 L/yr - ₹19.6 L/yr
2 years (AmbitionBox Estimate)

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₹9 L/yr - ₹19.6 L/yr
3 years  (3 salaries)

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₹9 L/yr - ₹11 L/yr
4 years  (5 salaries)

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₹8.5 L/yr - ₹11 L/yr
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IndusInd Bank Chief Manager Salary and Career Growth

From

To

Chief Manager

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0 - 19 years exp.

Vice President

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11 - 23 years exp.

Chief Manager 0 - 19 years exp.
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Assistant Vice President 6 - 21 years exp.
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arrow icon 52% hike
Deputy Vice President 10 - 22 years exp.
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arrow icon 54% hike

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Similar Designation salaries in IndusInd Bank

Branch Manager Salary
(64 salaries)
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₹5.7 L/yr - ₹18 L/yr
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₹5.75 L/yr - ₹15.5 L/yr
Sales Manager Salary
(17 salaries)
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₹4 L/yr - ₹8.2 L/yr
Sales Officer Salary
(7 salaries)
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₹1.8 L/yr - ₹3 L/yr
Credit Manager Salary
(6 salaries)
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₹5.3 L/yr - ₹13.1 L/yr
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₹2.8 L/yr - ₹8.56 L/yr
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₹6.35 L/yr - ₹8.5 L/yr

Salary related reviews for IndusInd Bank

2.8

Rated by 4 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 01 Jul 2024

3.0
 for  Salary and Benefits

Likes

Nothing to like about IndusInd bank other then there attractive compensation offering. That is how they will bring you in system and then that money will not help you to survive. Eventually you will choose peace over money.

read more

Dislikes

1) Work Pressure 2) No inputs from organization. 3) You will be left on your own without any leads from bank's side. 4) Video call culture.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Jul 2023

2.0
 for  Salary and Benefits

Likes

Working Culture might not be the best but it is still better in my department when compared to other department or even other banks. Seniors in my department are approachable.

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Dislikes

Salary breakup is very bad. You get very less in hand then what is promised. Small increments.

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BFSI, Investments & Trading Department

1.0
  •  posted on 25 May 2022

1.0
 for  Salary and Benefits

Likes

Nothing to like about exempt they provide salary credit at 25th of every month.

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Dislikes

There is no job security,Worst work culture,worst company policy,worst HR supportive system even in Medical emergency HR and management where not supportive.career spoiler.HR will ask for provided documents many times even you submitted and provided them to many times.

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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 )

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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.

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IndusInd Bank Chief Manager Salary FAQs

What is the salary of Chief Manager at IndusInd Bank Indore?
Chief Manager salary at IndusInd Bank in Indore ranges between ₹6.0 Lakhs to ₹15.5 Lakhs for less than 1 year of experience to 16 years. According to our estimates it is 38% less than the average Chief Manager Salary in India. Salary estimates are based on 46 latest salaries received from various employees of IndusInd Bank Indore.
How does the salary of a Chief Manager at IndusInd Bank Indore compare with the average salary range for this job?
The average salary of a Chief Manager at IndusInd Bank is 38% less than the average salary of a Chief Manager in Indore. To know exact salary insights, login to view.
Which similar companies are paying more than IndusInd Bank to a Chief Manager in Indore?
  • SRF Chief Manager Salary - ₹26.0 Lakhs to ₹38.0 Lakhs per year
  • Punjab National Bank Chief Manager Salary - ₹15.0 Lakhs to ₹30.1 Lakhs per year
  • Polycab Wires Chief Manager Salary - ₹17.5 Lakhs to ₹22.0 Lakhs per year
  • IDFC FIRST Bank Chief Manager Salary - ₹12.4 Lakhs to ₹20.0 Lakhs per year
  • ICICI Lombard General Insurance Company Chief Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
What is the estimated take home salary of a Chief Manager at IndusInd Bank in Indore?
The estimated take-home salary of a Chief Manager at IndusInd Bank ranges between ₹76,474 per month to ₹78,457 per month in Indore. The take-home salary calculation is based on the average IndusInd Bank Chief Manager salary in India which ranges between ₹6.0 Lakhs to ₹15.5 Lakhs per year for employees with less than 1 year of experience to 16 years. Check how did we calculate take home salary?
What is the notice period for Chief Manager at IndusInd Bank in Indore?
According to AmbitionBox, 53% of the IndusInd Bank Chief Managers in Indore reported a notice period of 3 Months, 41% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IndusInd Bank Chief Manager salary in Indore ranges between ₹6 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 46 IndusInd Bank latest salaries received from various employees of IndusInd Bank.