IndusInd Bank Development Manager Salaries by 4 Employees (Updated 2025)

4 - 32 years exp.

₹3.7 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

71% less than the average Development Manager Salary in Banking Companies for 4 - 32 years of experience

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Salaries in different departments

Finance & Accounting Development Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Sales & Business Development Development Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr

Last Updated: 16 Jan 2025

Companies similar to IndusInd Bank for Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Development Manager Salary 1 - 5 years exp. (5 salaries)	₹2.5 L/yr - ₹4.6 L/yr 11% less
Axis Bank Development Manager Salary 10 - 14 years exp. (3 salaries)	₹4.8 L/yr - ₹20.2 L/yr 168% more
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Kotak Mahindra Bank Development Manager Salary 2 - 15 years exp. (6 salaries)	₹2.2 L/yr - ₹5 L/yr 5% less
DCB Bank Development Manager Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 21% less
Standard Chartered Development Manager Salary 8 - 17 years exp. (111 salaries)	₹15.8 L/yr - ₹45 L/yr 649% more
NatWest Group Development Manager Salary 6 - 18 years exp. (42 salaries)	₹13.6 L/yr - ₹43.6 L/yr 603% more
NatWest Markets Development Manager Salary 15 - 18 years exp. (4 salaries)	₹28.5 L/yr - ₹47.7 L/yr 901% more
Barclays Development Manager Salary 14 - 21 years exp. (3 salaries)	₹36.5 L/yr - ₹70 L/yr 1419% more

Development Manager salary at IndusInd Bank ranges between ₹3.7 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 32 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Development Manager salaries

Last Updated: 16 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7.1 L/yr
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6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
10 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
12 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
13 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
14 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
15+ years (AmbitionBox Estimate)	₹3.7 L/yr - ₹6.7 L/yr

View all

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Salary related reviews for IndusInd Bank

5.0

Rated by 1 employees for salary & benefits

Assistant Vice President in Mumbai

Operational Risk Department

4.0

• posted on 18 Apr 2022

2.0

for Salary and Benefits

Likes

Scope of self learning is wider in the organization, colleagues and peer are helpful and supportive also good work life balance is maintained

Job security - Good

+2 more

Dislikes

Compensation is not as per industry standard also appraisal process is also not on a timely basis

Salary - Poor

+1 more

Assistant Vice President in Raipur

BFSI, Investments & Trading Department

3.0

• posted on 25 Oct 2018

1.0

for Salary and Benefits

Likes

Salary expectation and appraisal process is very poor....If you are working with Indusind Bank then forget your family and do only official work.

Skill development - Good

+1 more

Dislikes

No salary and growth increments..Company is gaining profit in every quarter but employees getting nothing.

Salary - Bad

+3 more

Senior Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Jan 2025

4.0

for Salary and Benefits

Likes

Pathetic work experience, u will end up finding yourself as a telecaller. Yes u will get a good salary, but it will be on the cost of deteriorating your whole career. U won't get any value in the other banks, because all others know the bad quality of books, credit card telecalling, etc.

Salary - Good

Dislikes

Mentioned above

Skill development - Bad

+4 more

Sales Executive in Jabalpur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

Salary - Bad

+6 more

Assistant Manager in Nagaon

Full Time

Finance & Accounting Department

5.0

• posted on 04 Jan 2025

4.0

for Salary and Benefits

Likes

The challenges presented in my role push me to constantly learn and develop new skills. Working with a diverse team of colleagues allows for different perspectives and collaborative problem-solving

Salary - Good

+6 more

Dislikes

salary and benefits : Being underpaid for the work you perform can cause you to become unhappy.

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IndusInd Bank Development Manager Salary FAQs

What is the salary of Development Manager at IndusInd Bank?

Development Manager salary at IndusInd Bank in India ranges between ₹3.7 Lakhs to ₹4.0 Lakhs for experience between 4 years to 32 years. According to our estimates it is 71% less than the average Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank India.

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

The average salary of a Development Manager at IndusInd Bank is 71% less than the average salary of a Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a Development Manager in India?

Barclays Development Manager Salary - ₹36.5 Lakhs to ₹70.0 Lakhs per year
NatWest Markets Development Manager Salary - ₹28.5 Lakhs to ₹47.7 Lakhs per year
Standard Chartered Development Manager Salary - ₹15.8 Lakhs to ₹45.0 Lakhs per year
NatWest Group Development Manager Salary - ₹13.6 Lakhs to ₹43.6 Lakhs per year
Axis Bank Development Manager Salary - ₹4.8 Lakhs to ₹20.2 Lakhs per year

What is the salary of a Development Manager in companies similar to IndusInd Bank in India?

Kotak Mahindra Bank Development Manager Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
ICICI Bank Development Manager Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
DCB Bank Development Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Development Manager at IndusInd Bank ranges between ₹27,845 per month to ₹29,241 per month in India. The take-home salary calculation is based on the average IndusInd Bank Development Manager salary in India which ranges between ₹3.7 Lakhs to ₹4.0 Lakhs per year for employees with experience between 4 years to 32 years. Check how did we calculate take home salary?

What is the notice period for Development Manager at IndusInd Bank?

According to AmbitionBox, 100% of the IndusInd Bank Development Managers reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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IndusInd Bank Development Manager Salaries

IndusInd Bank Development Manager salary in India ranges between ₹3.7 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.