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IndusInd Bank Executive Officer salaries in Mumbai

Annual salary range
0 - 4 years exp.
₹1.8 Lakh - ₹4 Lakhs
Salary of majority employees
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46% 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. (5 salaries)
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₹2.6 L/yr - ₹3.3 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: 16 Nov 2024

Companies similar to IndusInd Bank for Executive Officer in Mumbai

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IndusInd Bank Executive Officer Salary

0 - 4 years exp. (26 salaries)

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₹1.8 L/yr - ₹4 L/yr

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

1 - 5 years exp. (9 salaries)

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₹1.3 L/yr - ₹3.8 L/yr

arrow icon 14% more
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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 10% more
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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 1% less
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Kotak Mahindra Bank Executive Officer Salary

0 - 6 years exp. (12 salaries)

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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 14% less
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Yes Bank Executive Officer Salary

1 - 5 years exp. (15 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 9% less
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RBL Bank Executive Officer Salary

1 - 3 years exp. (5 salaries)

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₹2.5 L/yr - ₹3.7 L/yr

arrow icon 36% more
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DCB Bank Executive Officer Salary

0 - 2 years exp. (3 salaries)

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₹2.9 L/yr - ₹3 L/yr

arrow icon 11% more
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IDBI Bank Executive Officer Salary

1 - 3 years exp. (4 salaries)

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₹3.5 L/yr - ₹4.8 L/yr

arrow icon 38% more
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 26 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: 16 Nov 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1 L/yr - ₹2.6 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  (4 salaries)

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₹2.3 L/yr - ₹3.7 L/yr

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(754 salaries)
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₹1.7 L/yr - ₹8.05 L/yr
Officer Salary
(94 salaries)
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₹1.35 L/yr - ₹4 L/yr
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₹3.6 L/yr - ₹9.85 L/yr

Salary related reviews for IndusInd Bank

3.4

Rated by 6 employees for salary & benefits

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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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.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Jun 2023

2.0
 for  Salary and Benefits

Likes

there is nothing to like north(uttar pradesh) culture of Indusind bank while in other state its good to work with indusind

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Dislikes

salary structure , promotion and increament culture if you work with indusind salary growth is 2% in a year ie. if you join on 10000/- salary after 10 year you will reach 15-17 thousand while your grade will increase as CM,AVP,AVP1 also after leave the job if you want to join other bank you are unable to give proper reason why your salary is low

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 29 Aug 2023

2.0
 for  Salary and Benefits

Likes

I have joined IndusInd Bank in December 17 and still working with this organisation my experience is good but compensation and career growth is not as per expections.

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Dislikes

Policy procedure is good and working culture is also excellent but only salary hike is not as paer expectations.

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 02 Jun 2021

1.0
 for  Salary and Benefits

Likes

No Job security

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. Even if you are performer your salary is increase only 500/- PM. Hr is the worst. Even in pandemic situation they want sales. Staff going outside to meet the customer and doing business they don't need staff life they need only business. This is really pathetic situation and second Saturday and fourth Saturday bank holiday but this bank doing field activities like door to door marketing

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IndusInd Bank Executive Officer Salary FAQs

What is the salary of Executive Officer at IndusInd Bank Mumbai?
Executive Officer salary at IndusInd Bank in Mumbai ranges between ₹1.8 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 46% less than the average Executive Officer Salary in India. Salary estimates are based on 26 latest salaries received from various employees of IndusInd Bank Mumbai.
How does the salary of a Executive Officer at IndusInd Bank Mumbai compare with the average salary range for this job?
The average salary of a Executive Officer at IndusInd Bank is 46% less than the average salary of a Executive Officer in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than IndusInd Bank to a Executive Officer in Mumbai?
  • IDBI Bank Executive Officer Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
  • RBL Bank Executive Officer Salary - ₹2.5 Lakhs to ₹3.7 Lakhs per year
  • HDFC Bank Executive Officer Salary - ₹1.3 Lakhs to ₹3.8 Lakhs per year
  • DCB Bank Executive Officer Salary - ₹2.9 Lakhs to ₹3.0 Lakhs per year
  • ICICI Bank Executive Officer Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
What is the salary of a Executive Officer in companies similar to IndusInd Bank in Mumbai?
  • Axis Bank Executive Officer Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
  • Yes Bank Executive Officer Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
  • Kotak Mahindra Bank Executive Officer Salary - ₹1.5 Lakhs to ₹2.5 Lakhs per year
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 ranges between ₹18,614 per month to ₹20,298 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank Executive Officer salary in India which ranges between ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Executive Officer at IndusInd Bank in Mumbai?
According to AmbitionBox, 61% of the IndusInd Bank Executive Officers in Mumbai reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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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 26 IndusInd Bank latest salaries received from various employees of IndusInd Bank.