IndusInd Bank Mumbai HR Manager Salaries by 9 Employees

7 - 12 years exp.

₹5 Lakhs - ₹10.4 Lakhs

Salary of majority employees

44% less than the average HR Manager Salary in Banking Companies for 7 - 12 years of experience

Interested in this particular role?

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
ICICI Bank HR Manager Salary 1 - 6 years exp. (124 salaries)	₹7.5 L/yr - ₹27.2 L/yr 123% more
Axis Bank HR Manager Salary 4 - 13 years exp. (24 salaries)	₹5.7 L/yr - ₹16.1 L/yr 50% more
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Yes Bank HR Manager Salary 4 - 11 years exp. (15 salaries)	₹5.2 L/yr - ₹17.3 L/yr 41% more
Bank of Maharashtra HR Manager Salary 5 - 10 years exp. (6 salaries)	₹7 L/yr - ₹9.9 L/yr 23% more
Reliance Industries HR Manager Salary 2 - 14 years exp. (69 salaries)	₹5.7 L/yr - ₹25.1 L/yr 94% 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 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

View all

Similar Designation salaries in IndusInd Bank

HR Assistant Salary

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HR Executive Salary

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₹1.9 L/yr - ₹4 L/yr

HR Executive Generalist Salary

(10 salaries)

₹1.96 L/yr - ₹4 L/yr

HR Associate Salary

(7 salaries)

₹1.8 L/yr - ₹3 L/yr

Regional HR Manager Salary

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₹5.5 L/yr - ₹15 L/yr

Deputy Manager HR Salary

(6 salaries)

₹4 L/yr - ₹8 L/yr

HR Generalist Salary

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₹2 L/yr - ₹3.2 L/yr

HR Business Partner Salary

(6 salaries)

₹1.8 L/yr - ₹8 L/yr

Regional HR Salary

(4 salaries)

₹7.7 L/yr - ₹10.69 L/yr

HR Executive Recruiter Salary

(3 salaries)

₹2.5 L/yr - ₹3.25 L/yr

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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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 Manager Salary FAQs

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

The average salary of a HR Manager at IndusInd Bank in Mumbai typically ranges from ₹5.0 Lakhs to ₹10.4 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of HR Manager in Mumbai at IndusInd Bank earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹10.4 Lakhs per year. HR Manager 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 9 IndusInd Bank employees in India.

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 in Mumbai typically ranges from ₹53,733 to ₹55,073 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹10.4 Lakhs per year for employees with experience ranging from 7 years to 12 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 9 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 Manager at IndusInd Bank in Mumbai?

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

- Payroll Processing
- stock
- Social Media
- HR
- Communication Skills

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 Manager in India?

ICICI Bank	₹7.5 Lakhs to ₹27.2 Lakhs per year
Reliance Industries	₹5.7 Lakhs to ₹25.1 Lakhs per year
Axis Bank	₹5.7 Lakhs to ₹16.1 Lakhs per year
Yes Bank	₹5.2 Lakhs to ₹17.3 Lakhs per year
Bank of Maharashtra	₹7.0 Lakhs to ₹9.9 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.

How the salary growth look like for a HR Manager at IndusInd Bank in Mumbai?

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

Experience	Average Salary Range
7 years	₹5.0 Lakhs to ₹12.8 Lakhs per year
8 years	₹5.0 Lakhs to ₹8.9 Lakhs per year
9 years	₹6.7 Lakhs to ₹8.6 Lakhs per year
10 years	₹3.0 Lakhs to ₹8.0 Lakhs per year

and so on.

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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.