IndusInd Bank Insurance Officer Salaries by 20+ Employees (Updated 2025)

0 - 7 years exp.

₹1.7 Lakh - ₹3.5 Lakhs

Salary of majority employees

15% less than the average Insurance Officer Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Sales & Business Development Insurance Officer Salary 0 - 3 years exp. (5 salaries)	₹1.9 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Insurance Officer Salary 3 - 7 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr
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Marketing & Communication Insurance Officer Salary 0 - 5 years exp. (3 salaries)	₹1.9 L/yr - ₹2.3 L/yr
Quality Assurance Insurance Officer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr

Last Updated: 5 Mar 2025

Companies similar to IndusInd Bank for Insurance Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Insurance Officer Salary 1 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹3.5 L/yr 10% less
Star Union Dai-ichi Life Insurance Insurance Officer Salary 0 - 6 years exp. (42 salaries)	₹1.8 L/yr - ₹3.9 L/yr 5% more
Login to view exact salary
PNB MetLife Insurance Officer Salary 0 - 5 years exp. (34 salaries)	₹1.5 L/yr - ₹4 L/yr 12% more	24 job openings
Cholamandalam MS General Insurance Insurance Officer Salary 0 - 9 years exp. (30 salaries)	₹1.1 L/yr - ₹5 L/yr 24% more
RSPL Group Insurance Officer Salary 4 - 6 years exp. (7 salaries)	₹3.9 L/yr - ₹4.3 L/yr 72% more

Insurance Officer salary at IndusInd Bank ranges between ₹1.7 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 27 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Insurance Officer salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
1 year (3 salaries)	₹2 L/yr - ₹2.9 L/yr
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2 years (6 salaries)	₹1.7 L/yr - ₹3.5 L/yr
3 years (5 salaries)	₹2 L/yr - ₹3.1 L/yr
4 years (4 salaries)	₹2 L/yr - ₹3 L/yr
5 years (4 salaries)	₹2 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr

View all

From

Insurance Officer

₹

Lakhs/yr

0 - 7 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Insurance Officer 0 - 7 years exp.

Assistant Manager 0 - 10 years exp.

63% hike

Deputy Manager 0 - 13 years exp.

28% hike

Similar Designation salaries in IndusInd Bank

Senior Officer Salary

(14 salaries)

₹2.6 L/yr - ₹3.4 L/yr

Back Office Staff Salary

(27 salaries)

₹1.32 L/yr - ₹3 L/yr

Deputy Manager Salary

(3.6k salaries)

₹1.7 L/yr - ₹8.5 L/yr

Operations Manager Salary

(162 salaries)

₹2 L/yr - ₹10 L/yr

Sales Executive Salary

(252 salaries)

₹1 L/yr - ₹4.5 L/yr

MIS Executive Salary

(92 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Computer Operator Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Data Entry Operator Salary

(25 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Team Lead Salary

(139 salaries)

₹1.2 L/yr - ₹7 L/yr

Analyst Salary

(28 salaries)

₹8.57 L/yr - ₹12.43 L/yr

Top skills at IndusInd Bank for Insurance Officer

General Insurance Insurance Bancassurance Motor Insurance

Salary related reviews for IndusInd Bank

4.7

Rated by 6 employees for salary & benefits

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

Deputy Manager in Guwahati

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.

Salary - Bad

+5 more

Deputy Manager in Mumbai

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.

Salary - Poor

+3 more

Customer Service Executive in Chennai

Full Time

Other Department

1.0

• posted on 12 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing at all

Dislikes

...d to take it.... In short your life is hell. No work and personal life balance. Salary is also very pethetic....... Do not join this company especially in KYC.... Your life will be hell because of few inefficient Managers and TLs.

Salary - Bad

+6 more

Back Office Executive in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 15 May 2024

2.0

for Salary and Benefits

Likes

...make a big mistake. Great supporting management. Gives you free decision policy. Bit kanjus company on salary but it's a great workplace and peaceful minded if you want to settle down.

Job security - Excellent

+3 more

Dislikes

Hr policy is soo bad. It's like they try to take money from employee pocket only. They will show you a huge ammount as salary on your offer letter but belive me your take hand will be very low. All the other benifits will be shown under ur CTC. They will say salary is 30k but after deduction they will give only 22k. You will feel like cheated. You can only join on Mondays because management dosent want you to join on wed or thurs and get free salary for 2 says on sat and sun. If you are in off role and go to on role they will take away 2 day salary. All plans to cost cutting is from employees salary. They have a access to provide you with work from home on storm / corona like situations. But if you are going to a family tour and you ask work from home access they will feel kanjos to give you because that access costs 500 per day.

Salary - Poor

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IndusInd Bank Insurance Officer Salary FAQs

What is the salary of Insurance Officer at IndusInd Bank?

Insurance Officer salary at IndusInd Bank in India ranges between ₹1.7 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 15% less than the average Insurance Officer Salary in India. Salary estimates are based on 27 latest salaries received from various employees of IndusInd Bank India.

How does the salary of a Insurance Officer at IndusInd Bank India compare with the average salary range for this job?

The average salary of a Insurance Officer at IndusInd Bank is 15% less than the average salary of a Insurance Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Insurance Officer at IndusInd Bank?

General Insurance, Insurance, Bancassurance and Motor Insurance are some of the popular skills required to work as a Insurance Officer at IndusInd Bank India.

Which similar companies are paying more than IndusInd Bank to a Insurance Officer in India?

RSPL Group Insurance Officer Salary - ₹3.9 Lakhs to ₹4.3 Lakhs per year
Cholamandalam MS General Insurance Insurance Officer Salary - ₹1.1 Lakhs to ₹5.0 Lakhs per year
PNB MetLife Insurance Officer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
Star Union Dai-ichi Life Insurance Insurance Officer Salary - ₹1.8 Lakhs to ₹3.9 Lakhs per year

What is the salary of a Insurance Officer in companies similar to IndusInd Bank in India?

HDFC Bank Insurance Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Insurance Officer at IndusInd Bank in India?

The estimated take-home salary of a Insurance Officer at IndusInd Bank ranges between ₹16,440 per month to ₹18,132 per month in India. The take-home salary calculation is based on the average IndusInd Bank Insurance Officer salary in India which ranges between ₹1.7 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Insurance Officer at IndusInd Bank?

According to AmbitionBox, 73% of the IndusInd Bank Insurance Officers reported a notice period of 1 Month, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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IndusInd Bank Insurance Officer Salaries

IndusInd Bank Insurance Officer salary in India ranges between ₹1.7 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 IndusInd Bank latest salaries received from various employees of IndusInd Bank.