IndusInd Bank Mumbai DVP Salaries by 50+ Employees (Updated 2025)

10 - 21 years exp.

₹13 Lakhs - ₹36.5 Lakhs

Salary of majority employees

12% less than the average DVP Salary in Banking Companies for 10 - 21 years of experience

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Salaries in different departments

BFSI, Investments & Trading DVP Salary 11 - 21 years exp. (14 salaries)	₹21 L/yr - ₹36.5 L/yr
Finance & Accounting DVP Salary 11 - 20 years exp. (8 salaries)	₹22 L/yr - ₹34.1 L/yr
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Risk Management & Compliance DVP Salary 14 - 20 years exp. (4 salaries)	₹20 L/yr - ₹33 L/yr
Product Management DVP Salary 13 - 19 years exp. (3 salaries)	₹13 L/yr - ₹34.8 L/yr
Sales & Business Development DVP Salary 16 - 18 years exp. (3 salaries)	₹24.5 L/yr - ₹27.5 L/yr

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Last Updated: 13 Feb 2025

Companies similar to IndusInd Bank for DVP in Mumbai

IndusInd Bank DVP Salary

10 - 21 years exp. (50 salaries)

₹13 L/yr - ₹36.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank DVP Salary 12 - 23 years exp. (46 salaries)	₹23 L/yr - ₹53 L/yr 41% more
Axis Bank DVP Salary 12 - 20 years exp. (37 salaries)	₹22 L/yr - ₹53 L/yr 37% more
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Kotak Mahindra Bank DVP Salary 10 - 21 years exp. (18 salaries)	₹19 L/yr - ₹32.2 L/yr 1% less
RBL Bank DVP Salary 9 - 21 years exp. (27 salaries)	₹17 L/yr - ₹32 L/yr 5% less
Bandhan Bank DVP Salary 14 - 18 years exp. (5 salaries)	₹31 L/yr - ₹42 L/yr 27% more
AU Small Finance Bank DVP Salary 9 - 18 years exp. (6 salaries)	₹21 L/yr - ₹35 L/yr 5% more
Equitas Small Finance Bank DVP Salary 18 - 22 years exp. (4 salaries)	₹25 L/yr - ₹30 L/yr At par

DVP salary at IndusInd Bank ranges between ₹13 Lakhs to ₹36.5 Lakhs per year for employees with experience between 10 years to 21 years. Salary estimates are based on 50 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank DVP salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
10 years (3 salaries)	₹22 L/yr - ₹53.3 L/yr
11 years (AmbitionBox Estimate)	₹29 L/yr - ₹31 L/yr
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12 years (5 salaries)	₹21 L/yr - ₹35 L/yr
13 years (5 salaries)	₹22 L/yr - ₹36.5 L/yr
14 years (5 salaries)	₹22 L/yr - ₹36.5 L/yr
15+ years (30 salaries)	₹13 L/yr - ₹34.1 L/yr

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Similar Designation salaries in IndusInd Bank

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(218 salaries)

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₹15 L/yr - ₹47.5 L/yr

Acquisition Manager Salary

(129 salaries)

₹2 L/yr - ₹4.1 L/yr

Deputy Branch Manager Salary

(95 salaries)

₹3.84 L/yr - ₹12.5 L/yr

Branch Manager Salary

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₹7.53 L/yr - ₹25 L/yr

Credit Analyst Salary

(54 salaries)

₹9.27 L/yr - ₹19 L/yr

Teller Salary

(53 salaries)

₹1.6 L/yr - ₹3.5 L/yr

Branch Acquisition Manager Salary

(32 salaries)

₹2 L/yr - ₹3.5 L/yr

Branch Head Salary

(26 salaries)

₹4.48 L/yr - ₹18.05 L/yr

Senior Relationship Manager Salary

(26 salaries)

₹6.5 L/yr - ₹13.14 L/yr

Salary related reviews for IndusInd Bank

3.3

Rated by 5 employees for salary & benefits

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

Salary - Good

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.

Skill development - Bad

+5 more

Associate Service Delivery Manager in Pune

Full Time

Other Department

5.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Skill development - Excellent

+1 more

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

Salary - Bad

+4 more

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..

Salary - Bad

+6 more

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.

Skill development - Good

+4 more

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.

Salary - Poor

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.

Skill development - Excellent

+2 more

Dislikes

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

Salary - Poor

+1 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IndusInd Bank DVP Salary FAQs

What is the salary of DVP at IndusInd Bank in Mumbai?

The average salary of a DVP at IndusInd Bank in Mumbai typically ranges from ₹13.0 Lakhs to ₹36.5 Lakhs per year, depending on experience (from 10 years to 21 years).

The top 10% of DVP in Mumbai at IndusInd Bank earn more than ₹34.1 Lakhs per year, and the top 1% earn over ₹36.5 Lakhs per year. DVP 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 50+ IndusInd Bank employees in India.

What is the estimated take home salary of a DVP at IndusInd Bank in Mumbai?

The estimated take-home salary of a DVP at IndusInd Bank in Mumbai typically ranges from ₹1,69,573 to ₹1,76,103 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹36.5 Lakhs per year for employees with experience ranging from 10 years to 21 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 50+ salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IndusInd Bank for DVP in India?

HDFC Bank	₹23.0 Lakhs to ₹53.0 Lakhs per year
Axis Bank	₹22.0 Lakhs to ₹53.0 Lakhs per year
Bandhan Bank	₹31.0 Lakhs to ₹42.0 Lakhs per year
AU Small Finance Bank	₹21.0 Lakhs to ₹35.0 Lakhs per year
Equitas Small Finance Bank	₹25.0 Lakhs to ₹30.0 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 DVP in companies similar to IndusInd Bank in Mumbai?

The salary of a DVP at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank	₹19.0 Lakhs to ₹32.2 Lakhs per year
RBL Bank	₹17.0 Lakhs to ₹32.0 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 DVP at IndusInd Bank in Mumbai?

The salary growth for a DVP at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a DVP in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience	Average Salary Range
10 years	₹22.0 Lakhs to ₹53.3 Lakhs per year
11 years	₹29.0 Lakhs to ₹31.0 Lakhs per year
12 years	₹21.0 Lakhs to ₹35.0 Lakhs per year
13 years	₹22.0 Lakhs to ₹36.5 Lakhs per year

and so on.

Tell us how to improve this page.

IndusInd Bank DVP salary in Mumbai ranges between ₹13 Lakhs to ₹36.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 IndusInd Bank latest salaries received from various employees of IndusInd Bank.