IndusInd Bank Indore Chief Manager Salaries by 40+ Employees (Updated 2025)

0 - 19 years exp.

₹6 Lakhs - ₹15.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

37% less than the average Chief Manager Salary in Banking Companies for 0 - 19 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Chief Manager Salary 1 - 16 years exp. (15 salaries)	₹6.5 L/yr - ₹11.5 L/yr
BFSI, Investments & Trading Chief Manager Salary 4 - 14 years exp. (13 salaries)	₹7 L/yr - ₹13.5 L/yr
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Finance & Accounting Chief Manager Salary 11 - 19 years exp. (4 salaries)	₹6 L/yr - ₹14.5 L/yr
Customer Success, Service & Operations Chief Manager Salary 0 - 10 years exp. (3 salaries)	₹9 L/yr - ₹11.5 L/yr
Risk Management & Compliance Chief Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹12.2 L/yr

View all

Last Updated: 15 Mar 2025

Companies similar to IndusInd Bank for Chief Manager in Indore

IndusInd Bank Chief Manager Salary

0 - 19 years exp. (46 salaries)

₹6 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Chief Manager Salary 5 - 18 years exp. (11 salaries)	₹12 L/yr - ₹18 L/yr 51% more
SRF Chief Manager Salary 7 - 16 years exp. (8 salaries)	₹22.5 L/yr - ₹38 L/yr 171% more	2 job openings
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Punjab National Bank Chief Manager Salary 10 - 17 years exp. (7 salaries)	₹15 L/yr - ₹30.8 L/yr 169% more
Polycab Wires Chief Manager Salary 13 - 20 years exp. (5 salaries)	₹17.5 L/yr - ₹22 L/yr 76% more
Bank of India Chief Manager Salary 13 - 17 years exp. (4 salaries)	₹12 L/yr - ₹26 L/yr 137% more

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 19 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

3w ago

₹9 Lakhs

7 years exp.

3w ago

₹8.8 Lakhs

5 years exp.

1mo ago

₹15 Lakhs

10 years exp.

1mo ago

₹11 Lakhs

5 years exp.

2mo ago

₹9 Lakhs

3 years exp.

3mo ago

10 years exp.

3mo ago

12 years exp.

3mo ago

9 years exp.

4mo ago

4 years exp.

5mo ago

4 years exp.

Experience wise IndusInd Bank Chief Manager salaries in Indore

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
1 year (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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2 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
3 years (3 salaries)	₹9 L/yr - ₹11 L/yr
4 years (5 salaries)	₹8.5 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
6 years (3 salaries)	₹7 L/yr - ₹19.5 L/yr
7 years (7 salaries)	₹7.5 L/yr - ₹15.5 L/yr
8 years (3 salaries)	₹8 L/yr - ₹19.4 L/yr
9 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
10 years (4 salaries)	₹6.5 L/yr - ₹15 L/yr
11 years (6 salaries)	₹6 L/yr - ₹14.5 L/yr
12 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
14 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
15+ years (5 salaries)	₹7.2 L/yr - ₹11.5 L/yr

View all

From

Chief Manager

₹

Lakhs/yr

0 - 19 years exp.

Vice President

₹

Lakhs/yr

11 - 25 years exp.

Chief Manager

0 - 19 years exp.

Assistant Vice President

6 - 19 years exp.

52% hike

Deputy Vice President

8 - 22 years exp.

60% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IndusInd Bank

Branch Manager Salary

(64 salaries)

₹4.89 L/yr - ₹18 L/yr

Area Sales Manager Salary

(35 salaries)

₹5.5 L/yr - ₹15.5 L/yr

Sales Manager Salary

(18 salaries)

₹4 L/yr - ₹8.2 L/yr

Sales Officer Salary

(7 salaries)

₹1.8 L/yr - ₹3 L/yr

Credit Manager Salary

(6 salaries)

₹5.3 L/yr - ₹13.1 L/yr

Cluster Manager Salary

(5 salaries)

₹6.35 L/yr - ₹8.5 L/yr

Operations Manager Salary

(4 salaries)

₹2.8 L/yr - ₹8.56 L/yr

Top skills at IndusInd Bank for Chief Manager

Revenue Generation Business Development Business Growth Operations Management Relationship Management Salesforce Key Account Management Digital Marketing Business Operations Operational Excellence Project Management Strategic Planning Team Management

Salary related reviews for IndusInd Bank

2.9

Rated by 5 employees for salary & benefits

Chief Manager in Indore

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.

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.

Skill development - Bad

+5 more

Chief Manager in Mumbai

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.

Job security - Good

Dislikes

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

Salary - Poor

Chief Manager in Mumbai

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.

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.

Salary - Bad

+6 more

Deputy Manager in Chennai

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.

Skill development - Bad

+5 more

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

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What people are saying about IndusInd Bank

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Hello all, I am looking for a Job , i am having 11 year of experience in finance and banking line

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IndusInd Bank Chief Manager Salary FAQs

What is the salary of Chief Manager at IndusInd Bank in Indore?

The average salary of a Chief Manager at IndusInd Bank in Indore typically ranges from ₹6.0 Lakhs to ₹15.5 Lakhs per year, depending on experience (from Fresher to 19 years).

The top 10% of Chief Manager in Indore at IndusInd Bank earn more than ₹13.4 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Chief 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 40+ IndusInd Bank employees in India.

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 in Indore typically ranges from ₹76,925 to ₹78,921 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from Fresher to 19 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 40+ 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 Chief Manager at IndusInd Bank in Indore?

To be a Chief Manager at IndusInd Bank in Indore, the key skills required include:

- Revenue Generation
- Business Development
- Business Growth
- Operations Management
- Relationship Management

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 Chief Manager in India?

SRF	₹22.5 Lakhs to ₹38.0 Lakhs per year
Punjab National Bank	₹15.0 Lakhs to ₹30.8 Lakhs per year
Bank of India	₹12.0 Lakhs to ₹26.0 Lakhs per year
Polycab Wires	₹17.5 Lakhs to ₹22.0 Lakhs per year
ICICI Lombard General Insurance Company	₹12.0 Lakhs to ₹18.0 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 Chief Manager at IndusInd Bank in Indore?

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

Experience	Average Salary Range
Fresher	₹10.0 Lakhs to ₹12.7 Lakhs per year
1 year	₹9.9 Lakhs to ₹12.7 Lakhs per year
2 years	₹9.9 Lakhs to ₹12.6 Lakhs per year
3 years	₹9.0 Lakhs to ₹11.0 Lakhs per year

and so on.

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IndusInd Bank Chief Manager Salaries in Indore

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