IndusInd Bank Cluster Business Manager Salaries by 3 Employees (Updated 2024)

14 - 16 years exp.

₹12 Lakhs - ₹20.5 Lakhs

Low Confidence

Salary of majority employees

59% more than the average Cluster Business Manager Salary in Banking Companies for 14 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Business Manager Salary 16 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹22.6 L/yr
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Sales & Business Development Cluster Business Manager Salary 14 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 9 Sep 2024

Companies similar to IndusInd Bank for Cluster Business Manager

Company name	Avg Annual Salary	Open Jobs
Axis Bank Cluster Business Manager Salary 3 - 12 years exp. (43 salaries)	₹3.9 L/yr - ₹11 L/yr 54% less
Kotak Mahindra Bank Cluster Business Manager Salary 16 - 18 years exp. (4 salaries)	₹16.5 L/yr - ₹20 L/yr 4% more
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Yes Bank Cluster Business Manager Salary 10 - 21 years exp. (18 salaries)	₹9.1 L/yr - ₹33.6 L/yr 17% more
RBL Bank Cluster Business Manager Salary 7 - 13 years exp. (3 salaries)	₹5.6 L/yr - ₹9.9 L/yr 55% less
IDFC FIRST Bank Cluster Business Manager Salary 8 - 14 years exp. (22 salaries)	₹8 L/yr - ₹18 L/yr 22% less
DCB Bank Cluster Business Manager Salary 1 - 13 years exp. (3 salaries)	₹7.5 L/yr - ₹10 L/yr 48% less
AU Small Finance Bank Cluster Business Manager Salary 10 - 21 years exp. (83 salaries)	₹8.1 L/yr - ₹27.2 L/yr 2% less	2 job openings

Cluster Business Manager salary at IndusInd Bank ranges between ₹12 Lakhs to ₹20.5 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Cluster Business Manager salaries

Last Updated: 9 Sep 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.2 L/yr
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15+ years (AmbitionBox Estimate)	₹7.6 L/yr - ₹20.5 L/yr

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Salary related reviews for IndusInd Bank

2.0

Rated by 1 employees for salary & benefits

Key Account Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 28 Nov 2024

3.0

for Salary and Benefits

Likes

While hiring they will give you nice package. You will be exited.

Dislikes

After joining you will not get time to learn the process of the bank. Because they will tell upfront that you have not been hired for providing services to the customer. After completion of 3 months you will start listening that "if you can't then leave the company we can hire 2 more people in your salary". Senior managers are least bother about your efforts because they want only result. Requesting everyone think 10 times before joining this company. Managers threatening saying " If Life Insurance will not happen today then you will see hell in your life today and go wherever you can complain against me I am least bother" There are lot of things to say but I can not explain everything in this. But before joining this company ask your friends or resources and take a genuine feedback then take your decision.

Sales Manager in Surat

Full Time

Sales & Business Development Department

1.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

Branch Manager in Kochi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...nonuse at all...you have to recruit staff...suddenly all policies will change...they ensure u don't get bonus or rating if u do not complete amfi or irda...all these r communicated at last minute...no support n extended targets too which u can never achieve..

Business Development Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 23 Aug 2024

3.0

for Salary and Benefits

Likes

Salary on 25th every month.

Dislikes

Caste politics and office politics playing major role in here. Particular higher community lobby destroyed many employees future and lives. Especially tamilnadu sales region.

Business Development Manager in Gurgaon / Gurugram

Full Time

Marketing & Communication Department

4.0

• posted on 03 Apr 2024

3.0

for Salary and Benefits

Likes

Job security, family secured , life insurance & health insurance cover

Dislikes

I do not like Indusind Bank because they deduct a lot of money from the salary, some incentives are made and some are given, the amount that the bank gives in a year is also very less.

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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 Cluster Business Manager Salary FAQs

What is the notice period for Cluster Business Manager at IndusInd Bank?

According to AmbitionBox, 100% of the IndusInd Bank Cluster Business Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IndusInd Bank Cluster Business Manager Salaries

IndusInd Bank Cluster Business Manager salary in India ranges between ₹12 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.