IndusInd Bank Ernakulam Salaries by 20+ Employees (Updated 2025)

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BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Sales & Business Development

Designation	Avg Annual Salary	Open Jobs
Credit Manager 6 - 10 years exp. · Ernakulam (4 salaries)	₹5 L/yr - ₹10.4 L/yr	1 job opening
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Legal Manager 8 - 9 years exp. · Ernakulam (AmbitionBox Estimate)	₹6.1 L/yr - ₹9.5 L/yr
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Assistant Manager - Business Development 4 - 5 years exp. · Ernakulam (AmbitionBox Estimate)	₹4 L/yr - ₹4 L/yr
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State Head 16 - 17 years exp. · Ernakulam (AmbitionBox Estimate)	₹15.6 L/yr - ₹18.5 L/yr
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SDM 1 year exp. · Ernakulam (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.9 L/yr
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NRI Relationship Manager 4 - 6 years exp. · Ernakulam (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr	1 job opening
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Finance Executive 1 - 3 years exp. · Ernakulam (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.5 L/yr
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Collections Manager 3 - 4 years exp. · Ernakulam (AmbitionBox Estimate)	₹5.4 L/yr - ₹7.1 L/yr
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Assistant Service Delivery Manager 1 - 2 years exp. · Ernakulam (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.3 L/yr
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Accounts & Administration Executive 10 years exp. · Ernakulam (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Relationship Branch Banking Manager 6 years exp. · Ernakulam (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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Relationship Business Banking Group Manager 16 years exp. · Ernakulam (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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Lead Finance 3 years exp. · Ernakulam (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Salary related reviews for IndusInd Bank

4.2

Rated by 9 employees for salary & benefits

Emerging Corporate Business Development Manager in Kolkata

Full Time

Other Department

3.0

• posted on 17 Mar 2025

3.0

for Salary and Benefits

Likes

When r u selected for company then salary hike is very good Continum is best policy for this bank .

Dislikes

Not proper training . Work culture is very bad Huge pressure and if unable to deliver then use own fund . Leaking leg upper management by Bm nd ASM for there won't job security and appraisal.

Skill development - Bad

+5 more

Deputy Manager Grade 2 in Chennai

Full Time

Legal & Regulatory Department

3.0

• posted on 10 Feb 2025

2.0

for Salary and Benefits

Likes

Some managers are nice, Saturdays are off Flexible timings Work life balance is fine. Job security if u work really well.

Job security - Good

+2 more

Dislikes

No Salary hike. Even house help can get more hike than here promotion Skill development Managers can be annoying They will dump more work on person who works efficiently others can enjoy with no work and salary. Salary increment very poor even for the person gets amazing Performance ratings. No promotion also.

Salary - Poor

+2 more

Deputy Manager in Chennai

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.

Skill development - Bad

+5 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

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IndusInd Bank interview questions by designations

Deputy Manager (51)Business Development Manager (34)Assistant Manager (25)Relationship Manager (17)

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Know more about IndusInd Bank Ernakulam

IndusInd Bank Salary FAQs

How much does IndusInd Bank pay to its employees?

The average annual salary at IndusInd Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at IndusInd Bank, are as follows:

Credit Manager	₹5 Lakhs to ₹10.4 Lakhs per year
Legal Manager	₹6.1 Lakhs to ₹9.5 Lakhs per year
Assistant Manager - Business Development	₹4 Lakhs to ₹4 Lakhs per year
State Head	₹15.6 Lakhs to ₹18.5 Lakhs per year

The highest-paying role, Executive Vice President, earns between ₹54 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹15 Lakhs per year, and the top 1% earn over ₹38 Lakhs per year. 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 salary estimates are based on data from 24 salaries submitted by IndusInd Bank employees. IndusInd Bank is rated 4.2 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at IndusInd Bank in Ernakulam?

The salary of a fresher at IndusInd Bank in Ernakulam typically ranges from ₹1.1 Lakh to ₹23 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Business Development Manager Salary	₹1.8 Lakhs to ₹4.5 Lakhs per year
Fresher as a Acquisition Manager Salary	₹1.8 Lakhs to ₹3.5 Lakhs per year
Fresher as a Service Delivery Manager Salary	₹2 Lakhs to ₹5.6 Lakhs per year
Fresher as a Deputy Manager Salary	₹2.1 Lakhs to ₹6 Lakhs per year

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Average annual salary in IndusInd Bank , Ernakulam is INR . Salary estimates are based on 24 IndusInd Bank latest salaries received from various employees of IndusInd Bank.