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IndusInd Bank

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3.6

based on 10.4k Reviews

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IndusInd Bank Department Manager salaries in India

Annual salary range
1 - 10 years exp.
₹3.4 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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12% less than the average Department Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Department Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.5 L/yr

Finance & Accounting
Department Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹4.5 L/yr

Marketing & Communication
Department Manager Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹4.5 L/yr

Last Updated: 24 Nov 2024

Companies similar to IndusInd Bank for Department Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Department Manager Salary

1 - 9 years exp. (24 salaries)

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₹5 L/yr - ₹10.8 L/yr

arrow icon 29% more
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ICICI Bank Department Manager Salary

0 - 12 years exp. (27 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 9% more
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Axis Bank Department Manager Salary

0 - 8 years exp. (13 salaries)

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₹4.7 L/yr - ₹10 L/yr

arrow icon 53% more
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Kotak Mahindra Bank Department Manager Salary

2 - 10 years exp. (11 salaries)

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₹2.8 L/yr - ₹4.9 L/yr

arrow icon 14% less
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Yes Bank Department Manager Salary

0 - 6 years exp. (12 salaries)

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₹4 L/yr - ₹10.3 L/yr

arrow icon 37% more
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RBL Bank Department Manager Salary

4 - 10 years exp. (4 salaries)

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₹6.5 L/yr - ₹18 L/yr

arrow icon 146% more
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IDFC FIRST Bank Department Manager Salary

3 - 5 years exp. (4 salaries)

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₹3.4 L/yr - ₹6 L/yr

arrow icon 12% more
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DCB Bank Department Manager Salary

1 - 15 years exp. (3 salaries)

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₹3.8 L/yr - ₹18 L/yr

arrow icon 105% more
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₹14 L/yr - ₹30 L/yr

arrow icon 366% more
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Standard Chartered Department Manager Salary

2 - 13 years exp. (5 salaries)

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₹12 L/yr - ₹18 L/yr

arrow icon 222% more
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IDBI Bank Department Manager Salary

0 - 12 years exp. (4 salaries)

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₹6.8 L/yr - ₹23 L/yr

arrow icon 230% more
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₹10.3 L/yr - ₹12 L/yr

arrow icon 149% more
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₹3.4 L/yr - ₹6 L/yr

arrow icon 2% less
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₹3.6 L/yr - ₹9.4 L/yr

arrow icon 44% more
Department Manager salary at IndusInd Bank ranges between ₹3.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 22 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Department Manager

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Experience wise IndusInd Bank Department Manager salaries

Last Updated: 24 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.8 L/yr
2 years  (3 salaries)

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₹3.4 L/yr - ₹8.1 L/yr
3 years  (3 salaries)

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₹4 L/yr - ₹4.7 L/yr
4 years  (4 salaries)

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₹3.9 L/yr - ₹8.1 L/yr
5 years  (5 salaries)

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₹4.5 L/yr - ₹7.5 L/yr
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Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(3.6k salaries)
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₹1.7 L/yr - ₹8.05 L/yr
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₹2 L/yr - ₹10.25 L/yr
Store Manager Salary
(4 salaries)
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₹3.5 L/yr - ₹13 L/yr
Sales Manager Salary
(400 salaries)
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₹2.73 L/yr - ₹12 L/yr
Assistant Department Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Head Cashier Salary
(11 salaries)
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₹1.65 L/yr - ₹3.9 L/yr
Team Lead Salary
(151 salaries)
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₹1.2 L/yr - ₹7.67 L/yr
Store Incharge Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Sales Officer Salary
(209 salaries)
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₹1.2 L/yr - ₹4.25 L/yr
Computer Operator Salary
(AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.4 L/yr

Salary related reviews for IndusInd Bank

3.0

Rated by 7 employees for salary & benefits

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

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.

read more

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.

read more

Full Time

 · 

Marketing & Communication Department

3.0
  •  posted on 09 Jun 2023

4.0
 for  Salary and Benefits

Likes

Salary is in time

Dislikes

I am working in corporate salary department and work culture is horrible, RM's don't know the simple process, they don't have any good corporates and they tell you to do cross sell, how will happen if RM's don't bring good corporates, don't join this bank and ruin your career

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 09 Jun 2023

3.0
 for  Salary and Benefits

Likes

The Salary is good and nothing else.

Dislikes

The work culture is very bad, especially the reporting managers are just toxic people. They demoralise you rather than influence and inspire. The bank is fond of one thing and that is money. I was in ARD and trust me when I say that they treat you like some commodity which can be used and used only. And you can be assured that at the end end of the day whether your mental health is good or bad they don't care and they won't be bothered by your sad situation. Moreover they do nothing, so that your mental health can improve. You are put under extreme demands and unimaginable pressure both mentally and physically for every day. My opinion is don't join there as the internal workings of the bank is just next to a slum.

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IndusInd Bank Department Manager Salary FAQs

What is the salary of Department Manager at IndusInd Bank?
Department Manager salary at IndusInd Bank in India ranges between ₹3.4 Lakhs to ₹7.5 Lakhs for experience between 1 years to 10 years. According to our estimates it is 12% less than the average Department Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of IndusInd Bank India.
How does the salary of a Department Manager at IndusInd Bank India compare with the average salary range for this job?
The average salary of a Department Manager at IndusInd Bank is 12% less than the average salary of a Department Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than IndusInd Bank to a Department Manager in India?
  • Reserve Bank of India Department Manager Salary - ₹14.0 Lakhs to ₹30.0 Lakhs per year
  • IDBI Bank Department Manager Salary - ₹6.8 Lakhs to ₹23.0 Lakhs per year
  • Standard Chartered Department Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
  • HSBC Global Banking and Markets Department Manager Salary - ₹10.3 Lakhs to ₹12.0 Lakhs per year
  • RBL Bank Department Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Department Manager in companies similar to IndusInd Bank in India?
  • DCB Bank Department Manager Salary - ₹3.8 Lakhs to ₹18.0 Lakhs per year
  • Axis Bank Department Manager Salary - ₹4.7 Lakhs to ₹10.0 Lakhs per year
  • AU Small Finance Bank Department Manager Salary - ₹3.6 Lakhs to ₹9.4 Lakhs per year
  • Yes Bank Department Manager Salary - ₹4.0 Lakhs to ₹10.3 Lakhs per year
  • HDFC Bank Department Manager Salary - ₹5.0 Lakhs to ₹10.8 Lakhs per year
What is the estimated take home salary of a Department Manager at IndusInd Bank in India?
The estimated take-home salary of a Department Manager at IndusInd Bank ranges between ₹33,688 per month to ₹34,947 per month in India. The take-home salary calculation is based on the average IndusInd Bank Department Manager salary in India which ranges between ₹3.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Department Manager at IndusInd Bank?
According to AmbitionBox, 71% of the IndusInd Bank Department Managers reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IndusInd Bank Department Manager salary in India ranges between ₹3.4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 IndusInd Bank latest salaries received from various employees of IndusInd Bank.