IndusInd Bank Mumbai HR Associate Salaries by 7 Employees

0 - 2 years exp.

₹1.8 Lakh - ₹3 Lakhs

Salary of majority employees

37% less than the average HR Associate Salary in Banking Companies for 0 - 2 years of experience

Interested in this particular role?

Last Updated: 15 May 2024

Companies similar to IndusInd Bank for HR Associate in Mumbai

IndusInd Bank HR Associate Salary

0 - 2 years exp. (7 salaries)

₹1.8 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank HR Associate Salary 2 - 6 years exp. (18 salaries)	₹3 L/yr - ₹5.1 L/yr 57% more
Yes Bank HR Associate Salary 1 - 3 years exp. (3 salaries)	₹2.3 L/yr - ₹2.4 L/yr 3% less
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Standard Chartered HR Associate Salary 1 - 3 years exp. (3 salaries)	₹9.9 L/yr - ₹10 L/yr 316% more
Accenture HR Associate Salary 0 - 6 years exp. (150 salaries)	₹1.7 L/yr - ₹6.6 L/yr 67% more
HGS HR Associate Salary 0 - 6 years exp. (61 salaries)	₹1.8 L/yr - ₹3.8 L/yr 17% more

HR Associate salary at IndusInd Bank ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank HR Associate salaries in Mumbai

Last Updated: 15 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
1 year (3 salaries)	₹1.8 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr

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HR Executive Recruiter Salary

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Top skills at IndusInd Bank for HR Associate

HR Communication Skills HR Generalist Activities Recruitment Performance Review Joining Formalities

Salary related reviews for IndusInd Bank

HR Executive in Navi Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 10 Aug 2023

2.0

for Salary and Benefits

Likes

I was working in CFD division of indusind bank, and culture is horrible, seniors having good salary package and doing nothing and everything employee doing their work also getting very less salary package.

Job security - Excellent

Dislikes

No one is supportive, only thinking about business... Employee comes in time between 9-10am and goes almost 7-8-9 pm in normal days, in month end no Sunday or government holiday's can't get and not even you get compof, most of the candidate just join there for position but within fees days everyone gets frustrated.

Salary - Poor

+2 more

Chief Manager - HR in Bhubaneswar

Full Time

Human Resources Department

2.0

• posted on 16 Oct 2023

2.0

for Salary and Benefits

Likes

Nothing but just hoping that it will change the culture and attitude of management on employee benefits and engagement

Job security - Good

Dislikes

Employee Engagement Bonus Increment Employee Benefits Medical Benefits Work Culture Travel Policy

Salary - Poor

+3 more

HR Manager

Human Resources Department

1.0

• posted on 15 Nov 2019

3.0

for Salary and Benefits

Likes

Nothing, apart from on time salary.

Dislikes

Working Culture, inadequate leadership, unnecessary work pressure. Leadership is used to asked each and every thing without practical boundaries, unrealistic expectations, thinking is like employee is machine or robot. Poor and helpless HR department, they are leaving in their own egostate. Like well's 🐸 frog. Don't want to amend or change the old policy and procedures as per requirement of time.

Skill development - Bad

+5 more

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IndusInd Bank HR Associate Salary FAQs

What is the salary of HR Associate at IndusInd Bank in Mumbai?

The average salary of a HR Associate at IndusInd Bank in Mumbai typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of HR Associate in Mumbai at IndusInd Bank earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. HR Associate 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 7 IndusInd Bank employees in India.

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

The estimated take-home salary of a HR Associate at IndusInd Bank in Mumbai typically ranges from ₹16,630 to ₹18,339 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 7 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a HR Associate at IndusInd Bank in Mumbai?

To be a HR Associate at IndusInd Bank in Mumbai, the key skills required include:

- HR
- Communication Skills
- HR Generalist Activities
- Recruitment
- Performance Review

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.

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

Standard Chartered	₹9.9 Lakhs to ₹10.0 Lakhs per year
Accenture	₹1.7 Lakhs to ₹6.6 Lakhs per year
IDFC FIRST Bank	₹3.0 Lakhs to ₹5.1 Lakhs per year
HGS	₹1.8 Lakhs to ₹3.8 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 HR Associate in companies similar to IndusInd Bank in Mumbai?

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

Yes Bank

₹2.3 Lakhs to ₹2.4 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 HR Associate at IndusInd Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.4 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.2 Lakhs to ₹3.0 Lakhs per year

and so on.

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IndusInd Bank HR Associate Salaries in Mumbai

IndusInd Bank HR Associate salary in Mumbai ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IndusInd Bank latest salaries received from various employees of IndusInd Bank.