IndusInd Bank Mumbai HR Manager Salaries by 9 Employees (Updated 2025)

7 - 12 years exp.

₹5 Lakhs - ₹10.4 Lakhs

Salary of majority employees

45% less than the average HR Manager Salary in Banking Companies for 7 - 12 years of experience

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Last Updated: 8 Mar 2024

Companies similar to IndusInd Bank for HR Manager in Mumbai

IndusInd Bank HR Manager Salary

7 - 12 years exp. (9 salaries)

₹5 L/yr - ₹10.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank HR Manager Salary 2 - 13 years exp. (27 salaries)	₹6.9 L/yr - ₹15 L/yr 50% more
ICICI Bank HR Manager Salary 1 - 6 years exp. (117 salaries)	₹6.2 L/yr - ₹25.5 L/yr 113% more
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Axis Bank HR Manager Salary 4 - 13 years exp. (24 salaries)	₹5.7 L/yr - ₹16.1 L/yr 48% more
Kotak Mahindra Bank HR Manager Salary 2 - 12 years exp. (23 salaries)	₹4.7 L/yr - ₹17 L/yr 53% more
Yes Bank HR Manager Salary 5 - 13 years exp. (12 salaries)	₹5.2 L/yr - ₹15 L/yr 37% more
RBL Bank HR Manager Salary 10 - 12 years exp. (3 salaries)	₹7.4 L/yr - ₹8.3 L/yr 11% more
Bank of Maharashtra HR Manager Salary 5 - 11 years exp. (7 salaries)	₹7 L/yr - ₹8.7 L/yr 13% more

HR Manager salary at IndusInd Bank ranges between ₹5 Lakhs to ₹10.4 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 9 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank HR Manager salaries in Mumbai

Last Updated: 8 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.8 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹8.9 L/yr
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9 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
10 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8 L/yr
11 years (3 salaries)	₹7.1 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹10.4 L/yr

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Similar Designation salaries in IndusInd Bank

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Regional HR Manager Salary

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Regional HR Salary

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HR Executive Recruiter Salary

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Senior HR Executive Salary

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Top skills at IndusInd Bank for HR Manager

Payroll Processing stock Social Media HR Communication Skills Human Resource Management Performance Management Statutory Compliance Recruitment Compensation Talent Acquisition Linkedin Business Partnering Performance Management Stakeholder Management

Salary related reviews for IndusInd Bank

3.4

Rated by 3 employees for salary & benefits

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

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

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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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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IndusInd Bank HR Manager Salary FAQs

What is the salary of HR Manager at IndusInd Bank Mumbai?

HR Manager salary at IndusInd Bank in Mumbai ranges between ₹5.0 Lakhs to ₹10.4 Lakhs for experience between 7 years to 12 years. According to our estimates it is 45% less than the average HR Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of IndusInd Bank Mumbai.

How does the salary of a HR Manager at IndusInd Bank Mumbai compare with the average salary range for this job?

The average salary of a HR Manager at IndusInd Bank is 45% less than the average salary of a HR Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a HR Manager at IndusInd Bank?

Payroll Processing, stock, Social Media, HR and Communication Skills are some of the popular skills required to work as a HR Manager at IndusInd Bank Mumbai.

Which similar companies are paying more than IndusInd Bank to a HR Manager in Mumbai?

ICICI Bank HR Manager Salary - ₹6.2 Lakhs to ₹25.5 Lakhs per year
Kotak Mahindra Bank HR Manager Salary - ₹4.7 Lakhs to ₹17.0 Lakhs per year
HDFC Bank HR Manager Salary - ₹6.9 Lakhs to ₹15.0 Lakhs per year
Axis Bank HR Manager Salary - ₹5.7 Lakhs to ₹16.1 Lakhs per year
Yes Bank HR Manager Salary - ₹5.2 Lakhs to ₹15.0 Lakhs per year

What is the salary of a HR Manager in companies similar to IndusInd Bank in Mumbai?

Bank of Maharashtra HR Manager Salary - ₹7.0 Lakhs to ₹8.7 Lakhs per year
RBL Bank HR Manager Salary - ₹7.4 Lakhs to ₹8.3 Lakhs per year

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

The estimated take-home salary of a HR Manager at IndusInd Bank ranges between ₹53,771 per month to ₹55,111 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank HR Manager salary in India which ranges between ₹5.0 Lakhs to ₹10.4 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

What is the notice period for HR Manager at IndusInd Bank in Mumbai?

According to AmbitionBox, 100% of the IndusInd Bank HR Managers in Mumbai reported a notice period of 3 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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IndusInd Bank HR Manager Salaries in Mumbai

IndusInd Bank HR Manager salary in Mumbai ranges between ₹5 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IndusInd Bank latest salaries received from various employees of IndusInd Bank.