IndusInd Bank Disbursement Officer Salaries by 3 Employees (Updated 2024)

3 - 5 years exp.

₹2.4 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

34% more than the average Disbursement Officer Salary in Banking Companies for 3 - 5 years of experience

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Salaries in different departments

Product Management Disbursement Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Human Resources Disbursement Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 6 Mar 2024

Companies similar to IndusInd Bank for Disbursement Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Disbursement Officer Salary 1 - 5 years exp. (8 salaries)	₹1.7 L/yr - ₹6.4 L/yr 5% less
ICICI Bank Disbursement Officer Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 28% less
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Axis Bank Disbursement Officer Salary 0 - 10 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr 13% less
Kotak Mahindra Bank Disbursement Officer Salary 2 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹2.4 L/yr 37% less
RBL Bank Disbursement Officer Salary 0 - 6 years exp. (13 salaries)	₹1.4 L/yr - ₹4 L/yr 22% less
IDFC FIRST Bank Disbursement Officer Salary 1 - 5 years exp. (6 salaries)	₹1.7 L/yr - ₹3 L/yr 27% less
AU Small Finance Bank Disbursement Officer Salary 0 - 6 years exp. (79 salaries)	₹1.5 L/yr - ₹3.7 L/yr 23% less
Equitas Small Finance Bank Disbursement Officer Salary 1 - 5 years exp. (5 salaries)	₹2.1 L/yr - ₹2.5 L/yr 36% less
Jana Small Finance Bank Disbursement Officer Salary 1 - 2 years exp. (3 salaries)	₹1.4 L/yr - ₹1.8 L/yr 50% less

Disbursement Officer salary at IndusInd Bank ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Disbursement Officer salaries

Last Updated: 6 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

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Salary related reviews for IndusInd Bank

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..

Deputy Manager in Kolkata

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.

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

Sales Officer in Bangalore / Bengaluru

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

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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 Disbursement Officer Salary FAQs

What is the notice period for Disbursement Officer at IndusInd Bank?

According to AmbitionBox, 100% of the IndusInd Bank Disbursement Officers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IndusInd Bank Disbursement Officer Salaries

IndusInd Bank Disbursement Officer salary in India ranges between ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.