IndusInd Bank Chennai Deputy Manager Band 2 Salaries by 4 Employees (Updated 2024)

3 - 16 years exp.

₹3.1 Lakhs - ₹4.9 Lakhs

Salary of majority employees

48% less than the average Deputy Manager Band 2 Salary in Banking Companies for 3 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Band 2 Salary 12 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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Finance & Accounting Deputy Manager Band 2 Salary 3 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.4 L/yr

Last Updated: 4 Jan 2024

Companies similar to IndusInd Bank for Deputy Manager Band 2 in Chennai

IndusInd Bank Deputy Manager Band 2 Salary

3 - 16 years exp. (4 salaries)

₹3.1 L/yr - ₹4.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager Band 2 Salary 4 - 6 years exp. (3 salaries)	₹4 L/yr - ₹5.9 L/yr 56% more
ICICI Bank Deputy Manager Band 2 Salary 0 - 12 years exp. (57 salaries)	₹4.1 L/yr - ₹10.2 L/yr 89% more
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Kotak Mahindra Bank Deputy Manager Band 2 Salary 4 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹5.3 L/yr 35% more
HCLTech Deputy Manager Band 2 Salary 5 - 12 years exp. (3 salaries)	₹6.5 L/yr - ₹10.1 L/yr 117% more

Deputy Manager Band 2 salary at IndusInd Bank ranges between ₹3.1 Lakhs to ₹4.9 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Deputy Manager Band 2 salaries in Chennai

Last Updated: 4 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
12 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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15+ years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

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₹7.6 L/yr - ₹12 L/yr

Salary related reviews for IndusInd Bank

Select Relationship Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

They give you good hike or good package while hiring

Dislikes

After joining they will make your life hell, there are so many policies related to employee they made but no seniors follows. They will make you feel resigning and going home. Also the kind of threatening you will get that will make your life miserable. They will bluntly that you complain wherever you want I don't care. Just put down paper andvget out from the branch. I should not see your face next day at branch.

Associate Service Delivery Manager in Pune

Full Time

Other Department

5.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Dislikes

Hr not supportive Last 4 month handle the branch no SDM no rm in branch Salary 20k work 2 people Reporting manager not supportive Rating 2.71 but still not promoted Handle cash counter and customer service desk last 4 month Hr not responding call and mails Salary satisfaction no as per work load Last year wall of fram in indusind bank but still not appreciated

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..

Bank Teller in Chikkamagaluru

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 27 Jul 2023

2.0

for Salary and Benefits

Likes

Im joined indusind bank in January 4 2021 and package is less.Started working as a Teller and doing operations correctly and improved our skill and development.

Dislikes

My package is less to my role and we cant we lead a life with low salary.Better to increase my salary and to grow in the life with work together with bank.

Relationship Manager in Ashok Nagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Aug 2023

2.0

for Salary and Benefits

Likes

IndusInd Bank is very good organisation in terms of doing business but they are not giving salary hike/appraisal for are employees those who are working since last five years.

Dislikes

Aa an employee I would like to get more salary as I have experience more than 12 years

see more salary related reviews

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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 Deputy Manager Band 2 Salary FAQs

What is the salary of Deputy Manager Band 2 at IndusInd Bank Chennai?

Deputy Manager Band 2 salary at IndusInd Bank in Chennai ranges between ₹3.1 Lakhs to ₹4.9 Lakhs for experience between 3 years to 16 years. According to our estimates it is 48% less than the average Deputy Manager Band 2 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank Chennai.

How does the salary of a Deputy Manager Band 2 at IndusInd Bank Chennai compare with the average salary range for this job?

The average salary of a Deputy Manager Band 2 at IndusInd Bank is 48% less than the average salary of a Deputy Manager Band 2 in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a Deputy Manager Band 2 in Chennai?

HCLTech Deputy Manager Band 2 Salary - ₹6.5 Lakhs to ₹10.1 Lakhs per year
ICICI Bank Deputy Manager Band 2 Salary - ₹4.1 Lakhs to ₹10.2 Lakhs per year
HDFC Bank Deputy Manager Band 2 Salary - ₹4.0 Lakhs to ₹5.9 Lakhs per year
Kotak Mahindra Bank Deputy Manager Band 2 Salary - ₹4.5 Lakhs to ₹5.3 Lakhs per year

What is the estimated take home salary of a Deputy Manager Band 2 at IndusInd Bank in Chennai?

The estimated take-home salary of a Deputy Manager Band 2 at IndusInd Bank ranges between ₹27,824 per month to ₹29,221 per month in Chennai. The take-home salary calculation is based on the average IndusInd Bank Deputy Manager Band 2 salary in India which ranges between ₹3.1 Lakhs to ₹4.9 Lakhs per year for employees with experience between 3 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager Band 2 at IndusInd Bank in Chennai?

According to AmbitionBox, 100% of the IndusInd Bank Deputy Manager Band 2s in Chennai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IndusInd Bank Deputy Manager Band 2 Salaries in Chennai

IndusInd Bank Deputy Manager Band 2 salary in Chennai ranges between ₹3.1 Lakhs to ₹4.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.