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IndusInd Bank Executive Officer salaries in Mumbai (Updated 2025)

Annual salary range
0 - 4 years exp.
₹1.8 Lakh - ₹4 Lakhs
Salary of majority employees
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43% less than the average Executive Officer Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Executive Officer Salary
0 - 2 years exp. (10 salaries)
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₹1.8 L/yr - ₹2.6 L/yr

Finance & Accounting
Executive Officer Salary
2 - 4 years exp. (6 salaries)
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₹2.6 L/yr - ₹3.7 L/yr

BFSI, Investments & Trading
Executive Officer Salary
2 - 4 years exp. (4 salaries)
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₹2 L/yr - ₹3.7 L/yr

Last Updated: 24 Jan 2025

Companies similar to IndusInd Bank for Executive Officer in Mumbai

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IndusInd Bank Executive Officer Salary

0 - 4 years exp. (27 salaries)

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₹1.8 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Bank Executive Officer Salary

0 - 5 years exp. (17 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 11% less
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Yes Bank Executive Officer Salary

1 - 5 years exp. (14 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 18% less
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ICICI Bank Executive Officer Salary

1 - 5 years exp. (7 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 3% more
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IDBI Bank Executive Officer Salary

1 - 3 years exp. (4 salaries)

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₹3.5 L/yr - ₹3.6 L/yr

arrow icon 30% more
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IDFC FIRST Bank Executive Officer Salary

4 - 6 years exp. (3 salaries)

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₹2.3 L/yr - ₹3.1 L/yr

arrow icon 7% less
Executive Officer salary at IndusInd Bank ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 27 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Executive Officer in Mumbai

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Experience wise IndusInd Bank Executive Officer salaries in Mumbai

Last Updated: 24 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
1 year  (9 salaries)

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₹1.8 L/yr - ₹2.7 L/yr
2 years  (6 salaries)

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₹2 L/yr - ₹3.3 L/yr
3 years  (6 salaries)

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₹1.8 L/yr - ₹4 L/yr
4 years  (5 salaries)

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₹2.3 L/yr - ₹3.7 L/yr
IndusInd Bank Executive Officer Salary and Career Growth

From

To

Executive Officer

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0 - 4 years exp.

Vice President

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11 - 22 years exp.

Executive Officer

0 - 4 years exp.
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Associate Manager

0 - 10 years exp.
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arrow icon 54% hike

Deputy Manager

0 - 13 years exp.
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arrow icon 20% 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

Deputy Manager Salary
(750 salaries)
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₹1.7 L/yr - ₹8 L/yr
Officer Salary
(89 salaries)
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₹1.45 L/yr - ₹4 L/yr
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₹3.6 L/yr - ₹7.51 L/yr

Salary related reviews for IndusInd Bank

3.8

Rated by 8 employees for salary & benefits

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

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

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.

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  • Skill development - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 19 Jan 2024

2.0
 for  Salary and Benefits

Likes

Salary on time

Dislikes

No support from subordinate Too much sales pressure Slow system issue Too many layers for talking to high authority No celebration any festival In jfm months satuday holiday they will invite for , complete the targets.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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IndusInd Bank Executive Officer Salary FAQs

What is the salary of Executive Officer at IndusInd Bank in Mumbai?
The average salary of a Executive Officer at IndusInd Bank in Mumbai typically ranges from ₹1.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Executive Officer in Mumbai at IndusInd Bank earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Executive Officer 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 20+ IndusInd Bank employees in India.
What is the estimated take home salary of a Executive Officer at IndusInd Bank in Mumbai?
The estimated take-home salary of a Executive Officer at IndusInd Bank in Mumbai typically ranges from ₹19,502 to ₹21,173 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 20+ 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 Executive Officer in India?
IDBI Bank ₹3.5 Lakhs to ₹3.6 Lakhs per year
ICICI Bank ₹2.4 Lakhs to ₹5.5 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 Executive Officer in companies similar to IndusInd Bank in Mumbai?
The salary of a Executive Officer at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank ₹2.3 Lakhs to ₹3.1 Lakhs per year
Axis Bank ₹1.5 Lakhs to ₹3.0 Lakhs per year
Yes Bank ₹1.5 Lakhs to ₹3.6 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 Executive Officer at IndusInd Bank in Mumbai?
The salary growth for a Executive Officer at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Executive Officer in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
Fresher ₹2.3 Lakhs to ₹3.0 Lakhs per year
1 year ₹1.8 Lakhs to ₹2.7 Lakhs per year
2 years ₹2.0 Lakhs to ₹3.3 Lakhs per year
3 years ₹1.8 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Executive Officer salary in Mumbai ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 IndusInd Bank latest salaries received from various employees of IndusInd Bank.