IndusInd Bank Deputy Manager Grade 2 Salaries by 100+ Employees (Updated 2024)

2 - 12 years exp.

₹2.8 Lakhs - ₹6.1 Lakhs

Salary of majority employees

35% less than the average Deputy Manager Grade 2 Salary in Banking Companies for 2 - 12 years of experience

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Salaries in different departments

Sales & Business Development Deputy Manager Grade 2 Salary 2 - 11 years exp. (43 salaries)	₹3.2 L/yr - ₹5.5 L/yr
Finance & Accounting Deputy Manager Grade 2 Salary 2 - 12 years exp. (27 salaries)	₹3.2 L/yr - ₹6.1 L/yr
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BFSI, Investments & Trading Deputy Manager Grade 2 Salary 3 - 11 years exp. (16 salaries)	₹4 L/yr - ₹4.8 L/yr
Customer Success, Service & Operations Deputy Manager Grade 2 Salary 2 - 8 years exp. (13 salaries)	₹3.5 L/yr - ₹5.9 L/yr
Marketing & Communication Deputy Manager Grade 2 Salary 2 - 12 years exp. (4 salaries)	₹4 L/yr - ₹5.1 L/yr

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Last Updated: 17 Dec 2024

Companies similar to IndusInd Bank for Deputy Manager Grade 2

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager Grade 2 Salary 1 - 10 years exp. (338 salaries)	₹3.6 L/yr - ₹7.8 L/yr 27% more
ICICI Bank Deputy Manager Grade 2 Salary 0 - 15 years exp. (2.6k salaries)	₹3.1 L/yr - ₹11 L/yr 68% more
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Axis Bank Deputy Manager Grade 2 Salary 3 - 12 years exp. (133 salaries)	₹3.5 L/yr - ₹8.7 L/yr 52% more
Kotak Mahindra Bank Deputy Manager Grade 2 Salary 0 - 10 years exp. (787 salaries)	₹2.6 L/yr - ₹6.8 L/yr 10% more
Yes Bank Deputy Manager Grade 2 Salary 2 - 8 years exp. (28 salaries)	₹4 L/yr - ₹6.9 L/yr 25% more
RBL Bank Deputy Manager Grade 2 Salary 0 - 7 years exp. (10 salaries)	₹5 L/yr - ₹6.5 L/yr 25% more
IDFC FIRST Bank Deputy Manager Grade 2 Salary 0 - 8 years exp. (28 salaries)	₹3.3 L/yr - ₹8 L/yr 24% more
Bandhan Bank Deputy Manager Grade 2 Salary 2 - 8 years exp. (11 salaries)	₹4 L/yr - ₹7.5 L/yr 25% more
DCB Bank Deputy Manager Grade 2 Salary 5 - 14 years exp. (48 salaries)	₹4.5 L/yr - ₹8.5 L/yr 45% more
Ujjivan Small Finance Bank Deputy Manager Grade 2 Salary 2 - 9 years exp. (68 salaries)	₹2.9 L/yr - ₹7 L/yr At par
Equitas Small Finance Bank Deputy Manager Grade 2 Salary 2 - 13 years exp. (27 salaries)	₹4.4 L/yr - ₹7.5 L/yr 37% more
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AU Small Finance Bank Deputy Manager Grade 2 Salary 3 - 8 years exp. (23 salaries)	₹4.2 L/yr - ₹9 L/yr 22% more
Reserve Bank of India Deputy Manager Grade 2 Salary Fresher (5 salaries)	₹13 L/yr - ₹20 L/yr 300% more
Fincare Small Finance Bank Deputy Manager Grade 2 Salary 6 - 11 years exp. (4 salaries)	₹4.2 L/yr - ₹6 L/yr 15% more

Deputy Manager Grade 2 salary at IndusInd Bank ranges between ₹2.8 Lakhs to ₹6.1 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 130 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Deputy Manager Grade 2 salaries

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
2 years (6 salaries)	₹2.8 L/yr - ₹5.4 L/yr
3 years (6 salaries)	₹3.8 L/yr - ₹5 L/yr
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4 years (19 salaries)	₹3.2 L/yr - ₹5.5 L/yr
5 years (23 salaries)	₹3.4 L/yr - ₹6 L/yr
6 years (20 salaries)	₹3.2 L/yr - ₹5.7 L/yr
7 years (14 salaries)	₹3.2 L/yr - ₹6.1 L/yr
8 years (16 salaries)	₹3.4 L/yr - ₹5.4 L/yr
9 years (9 salaries)	₹3.7 L/yr - ₹4.8 L/yr
10 years (11 salaries)	₹4 L/yr - ₹5.5 L/yr
11 years (4 salaries)	₹4.5 L/yr - ₹4.9 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.1 L/yr

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Salary related reviews for IndusInd Bank

3.2

Rated by 17 employees for salary & benefits

Deputy Manager in Guwahati

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.

Deputy Manager in Mumbai

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.

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..

Customer Service Executive in Chennai

Full Time

Other Department

1.0

• posted on 12 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing at all

Dislikes

...d to take it.... In short your life is hell. No work and personal life balance. Salary is also very pethetic....... Do not join this company especially in KYC.... Your life will be hell because of few inefficient Managers and TLs.

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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 Grade 2 Salary FAQs

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

Deputy Manager Grade 2 salary at IndusInd Bank in India ranges between ₹2.8 Lakhs to ₹6.1 Lakhs for experience between 2 years to 12 years. According to our estimates it is 35% less than the average Deputy Manager Grade 2 Salary in India. Salary estimates are based on 130 latest salaries received from various employees of IndusInd Bank India.

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

The average salary of a Deputy Manager Grade 2 at IndusInd Bank is 35% less than the average salary of a Deputy Manager Grade 2 in India. To know exact salary insights, login to view.

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

Reserve Bank of India Deputy Manager Grade 2 Salary - ₹13.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Deputy Manager Grade 2 Salary - ₹3.1 Lakhs to ₹11.0 Lakhs per year
Axis Bank Deputy Manager Grade 2 Salary - ₹3.5 Lakhs to ₹8.7 Lakhs per year
DCB Bank Deputy Manager Grade 2 Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year
Equitas Small Finance Bank Deputy Manager Grade 2 Salary - ₹4.4 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Deputy Manager Grade 2 in companies similar to IndusInd Bank in India?

HDFC Bank Deputy Manager Grade 2 Salary - ₹3.6 Lakhs to ₹7.8 Lakhs per year
RBL Bank Deputy Manager Grade 2 Salary - ₹5.0 Lakhs to ₹6.5 Lakhs per year
Yes Bank Deputy Manager Grade 2 Salary - ₹4.0 Lakhs to ₹6.9 Lakhs per year
Bandhan Bank Deputy Manager Grade 2 Salary - ₹4.0 Lakhs to ₹7.5 Lakhs per year
IDFC FIRST Bank Deputy Manager Grade 2 Salary - ₹3.3 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager Grade 2 at IndusInd Bank ranges between ₹32,717 per month to ₹33,991 per month in India. The take-home salary calculation is based on the average IndusInd Bank Deputy Manager Grade 2 salary in India which ranges between ₹2.8 Lakhs to ₹6.1 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager Grade 2 at IndusInd Bank?

According to AmbitionBox, 61% of the IndusInd Bank Deputy Manager Grade 2s reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 180 responses on AmbitionBox in last 2 years.

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IndusInd Bank Deputy Manager Grade 2 Salaries

IndusInd Bank Deputy Manager Grade 2 salary in India ranges between ₹2.8 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 130 IndusInd Bank latest salaries received from various employees of IndusInd Bank.

IndusInd Bank Deputy Manager Grade 2 salaries in India

Companies similar to IndusInd Bank for Deputy Manager Grade 2

Latest annual salaries shared by IndusInd Bank Deputy Manager Grade 2

Experience wise IndusInd Bank Deputy Manager Grade 2 salaries

Similar Designation salaries in IndusInd Bank

Salary related reviews for IndusInd Bank

Deputy Manager in Guwahati

Deputy Manager in Mumbai

Sales Manager in Surat

Branch Manager in Kochi

Customer Service Executive in Chennai

IndusInd Bank Deputy Manager Grade 2 Salary FAQs

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IndusInd Bank Deputy Manager Grade 2 Salaries by Location