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IndusInd Bank Deputy Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 13 years exp.
₹1.7 Lakh - ₹8 Lakhs
Salary of majority employees
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42% less than the average Deputy Manager Salary in Banking Companies for 0 - 13 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
0 - 12 years exp. (307 salaries)
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₹1.7 L/yr - ₹7.3 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
0 - 13 years exp. (150 salaries)
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₹2.8 L/yr - ₹7.8 L/yr

Finance & Accounting
Deputy Manager Salary
0 - 11 years exp. (110 salaries)
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₹3 L/yr - ₹7.6 L/yr

Sales & Business Development
Deputy Manager Salary
0 - 11 years exp. (52 salaries)
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₹2.7 L/yr - ₹7.2 L/yr

Marketing & Communication
Deputy Manager Salary
0 - 5 years exp. (4 salaries)
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₹4.3 L/yr - ₹5 L/yr

Last Updated: 20 Mar 2025

Companies similar to IndusInd Bank for Deputy Manager in Mumbai

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IndusInd Bank Deputy Manager Salary

0 - 13 years exp. (750 salaries)

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₹1.7 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (3.6k salaries)

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₹2 L/yr - ₹10.6 L/yr

arrow icon 33% more
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Axis Bank Deputy Manager Salary

0 - 14 years exp. (2.2k salaries)

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₹2 L/yr - ₹9.8 L/yr

arrow icon 27% more
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Yes Bank Deputy Manager Salary

0 - 13 years exp. (766 salaries)

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₹2.9 L/yr - ₹9 L/yr

arrow icon 19% more
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IDFC FIRST Bank Deputy Manager Salary

0 - 12 years exp. (599 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 15% more
5 job openings
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AU Small Finance Bank Deputy Manager Salary

0 - 12 years exp. (120 salaries)

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₹3.5 L/yr - ₹7.5 L/yr

arrow icon 9% more
6 job openings
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₹2.9 L/yr - ₹5.7 L/yr

arrow icon 7% less
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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 11% more
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Standard Chartered Deputy Manager Salary

3 - 10 years exp. (8 salaries)

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₹4.1 L/yr - ₹7 L/yr

arrow icon 19% more
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NatWest Group Deputy Manager Salary

8 - 10 years exp. (5 salaries)

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₹5.1 L/yr - ₹8.2 L/yr

arrow icon 34% more
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Bank of Maharashtra Deputy Manager Salary

1 - 8 years exp. (4 salaries)

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₹5.4 L/yr - ₹9.2 L/yr

arrow icon 77% more
Deputy Manager salary at IndusInd Bank ranges between ₹1.7 Lakh to ₹8 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 750 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Deputy Manager in Mumbai

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Experience wise IndusInd Bank Deputy Manager salaries in Mumbai

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher  (16 salaries)

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₹4 L/yr - ₹5.5 L/yr
1 year  (31 salaries)

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₹2 L/yr - ₹7.2 L/yr
2 years  (48 salaries)

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₹3.3 L/yr - ₹7.6 L/yr
3 years  (74 salaries)

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₹1.7 L/yr - ₹6.9 L/yr
4 years  (95 salaries)

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₹2.6 L/yr - ₹7.2 L/yr
View all
IndusInd Bank Deputy Manager Salary and Career Growth

From

To

Deputy Manager

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0 - 13 years exp.

Vice President

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11 - 22 years exp.

Deputy Manager

0 - 13 years exp.
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Manager

0 - 16 years exp.
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arrow icon 51% hike

Chief Manager

3 - 20 years exp.
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arrow icon 48% 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

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₹3.84 L/yr - ₹12.5 L/yr
Branch Manager Salary
(81 salaries)
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₹7.65 L/yr - ₹24.94 L/yr
Area Manager Salary
(7 salaries)
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₹13.44 L/yr - ₹20.51 L/yr
Team Manager Salary
(3 salaries)
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₹5.1 L/yr - ₹11 L/yr
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₹18.3 L/yr - ₹30.3 L/yr
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₹12 L/yr - ₹27 L/yr
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₹3 L/yr - ₹5.5 L/yr

Top skills at IndusInd Bank for Deputy Manager

Construction Equipment Sales Business Development CV Dealership Management Commercial Vehicle Loans hcv lcv auto Vehicle Motors Auto Loans Sales Management Sales Executive Activities Finance

Salary related reviews for IndusInd Bank

2.8

Rated by 78 employees for salary & benefits

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

  • Job security - Good

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
  • Salary - Poor
  • +3 more

Other Department

4.0
  •  posted on 06 May 2022

4.0
 for  Salary and Benefits

Likes

Work life balance is good but compensation and growth is not good, disappointed in AGC and CTC

read more
  • Salary - Good
  • +4 more

Dislikes

Management only wants business and targets but not increasing salary as per expectations and some people's are present only for their profit.

read more

BFSI, Investments & Trading Department

5.0
  •  posted on 11 Mar 2019

1.0
 for  Salary and Benefits

Likes

I like everything in indusind except appraisal and salary package

  • Job security - Excellent
  • +3 more

Dislikes

Politics , they don't respect individual officer level and and rules is only for lower grade officer level not highter position of employees

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  • Salary - Bad

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.

read more
  • Skill development - Bad
  • +5 more

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
  • Salary - Bad
  • +5 more
see more salary related reviews

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IndusInd Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at IndusInd Bank in Mumbai?
The average salary of a Deputy Manager at IndusInd Bank in Mumbai typically ranges from ₹1.7 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Deputy Manager in Mumbai at IndusInd Bank earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹7.4 Lakhs per year. Deputy 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 700+ IndusInd Bank employees in India.
What is the estimated take home salary of a Deputy Manager at IndusInd Bank in Mumbai?
The estimated take-home salary of a Deputy Manager at IndusInd Bank in Mumbai typically ranges from ₹37,477 to ₹38,680 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 13 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 700+ 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 Deputy Manager at IndusInd Bank in Mumbai?
To be a Deputy Manager at IndusInd Bank in Mumbai, the key skills required include:

  • - Construction Equipment
  • - Sales
  • - Business Development
  • - CV
  • - Dealership 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 Deputy Manager in India?
Bank of Maharashtra ₹5.4 Lakhs to ₹9.2 Lakhs per year
NatWest Group ₹5.1 Lakhs to ₹8.2 Lakhs per year
ICICI Bank ₹2.0 Lakhs to ₹10.6 Lakhs per year
Axis Bank ₹2.0 Lakhs to ₹9.8 Lakhs per year
Standard Chartered ₹4.1 Lakhs to ₹7.0 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.
What is the salary of a Deputy Manager in companies similar to IndusInd Bank in Mumbai?
The salary of a Deputy Manager at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank ₹2.9 Lakhs to ₹9.0 Lakhs per year
IDFC FIRST Bank ₹3.0 Lakhs to ₹9.5 Lakhs per year
Equitas Small Finance Bank ₹3.8 Lakhs to ₹6.5 Lakhs per year
AU Small Finance Bank ₹3.5 Lakhs to ₹7.5 Lakhs per year
Ujjivan Small Finance Bank ₹2.9 Lakhs to ₹5.7 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Deputy Manager at IndusInd Bank in Mumbai?
The salary growth for a Deputy Manager at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
Fresher ₹4.0 Lakhs to ₹5.5 Lakhs per year
1 year ₹2.0 Lakhs to ₹7.2 Lakhs per year
2 years ₹3.3 Lakhs to ₹7.6 Lakhs per year
3 years ₹1.7 Lakhs to ₹6.9 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Deputy Manager salary in Mumbai ranges between ₹1.7 Lakh to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 750 IndusInd Bank latest salaries received from various employees of IndusInd Bank.