Upload Button Icon Add office photos
Premium Employer

i

This company page is being actively managed by IndusInd Bank Team. If you also belong to the team, you can get access from here

IndusInd Bank Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

IndusInd Bank IT Manager salaries in Mumbai (Updated 2025)

Annual salary range
5 - 12 years exp.
₹5.9 Lakhs - ₹22.5 Lakhs
Salary of majority employees
unlock blur
unlock blur

At par with the average IT Manager Salary in Banking Companies for 5 - 12 years of experience

Interested in this particular role? 8 job openings

Salaries in different departments

Engineering - Software & QA
IT Manager Salary
6 - 11 years exp. (9 salaries)
unlock-blur

₹6 L/yr - ₹20 L/yr

IT & Information Security
IT Manager Salary
5 - 12 years exp. (5 salaries)
unlock-blur

₹11 L/yr - ₹16.5 L/yr

Project & Program Management
IT Manager Salary
5 - 9 years exp. (3 salaries)
unlock-blur

₹8.2 L/yr - ₹22.5 L/yr

Customer Success, Service & Operations
IT Manager Salary
8 - 10 years exp. (AmbitionBox Estimate)
unlock-blur

₹15.5 L/yr - ₹16.8 L/yr

Engineering - Hardware & Networks
IT Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
unlock-blur

₹6.5 L/yr - ₹12.9 L/yr

Last Updated: 8 Feb 2025

Companies similar to IndusInd Bank for IT Manager in Mumbai

Logo
IndusInd Bank IT Manager Salary

5 - 12 years exp. (25 salaries)

unlock blur

₹5.9 L/yr - ₹22.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Axis Bank IT Manager Salary

1 - 12 years exp. (48 salaries)

unlock blur

₹9.7 L/yr - ₹16.3 L/yr

arrow icon 3% less
Logo
IDFC FIRST Bank IT Manager Salary

4 - 14 years exp. (18 salaries)

unlock blur

₹6.3 L/yr - ₹19.5 L/yr

arrow icon 14% less
Logo
Bank of Baroda IT Manager Salary

5 - 15 years exp. (14 salaries)

unlock blur

₹10 L/yr - ₹21 L/yr

arrow icon 15% more
Logo
AU Small Finance Bank IT Manager Salary

3 - 10 years exp. (8 salaries)

unlock blur

₹6.7 L/yr - ₹15.5 L/yr

arrow icon 11% less
Logo
Yes Bank IT Manager Salary

1 - 3 years exp. (5 salaries)

unlock blur

₹16.6 L/yr - ₹18 L/yr

arrow icon 19% more
Logo
Indian Overseas Bank IT Manager Salary

7 - 11 years exp. (5 salaries)

unlock blur

₹12.5 L/yr - ₹18 L/yr

arrow icon 6% more
Logo
IDBI Bank IT Manager Salary

3 - 9 years exp. (4 salaries)

unlock blur

₹12 L/yr - ₹19.3 L/yr

arrow icon 15% more
IT Manager salary at IndusInd Bank ranges between ₹5.9 Lakhs to ₹22.5 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 25 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank IT Manager in Mumbai

1mo ago
avg blur mobile
5 years exp.
2mo ago
avg blur mobile
9 years exp.
7mo ago
avg blur mobile
12 years exp.
11mo ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
10 years exp.

Experience wise IndusInd Bank IT Manager salaries in Mumbai

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
5 years  (3 salaries)

unlock blur

₹8.2 L/yr - ₹24.2 L/yr
6 years  (3 salaries)

unlock blur

₹7.1 L/yr - ₹24.6 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹12.5 L/yr - ₹16 L/yr
8 years  (4 salaries)

unlock blur

₹6 L/yr - ₹16.5 L/yr
9 years  (3 salaries)

unlock blur

₹9 L/yr - ₹22.5 L/yr
View all

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(745 salaries)
unlock blur
₹1.7 L/yr - ₹7.5 L/yr
Project Manager Salary
(48 salaries)
unlock blur
₹9.4 L/yr - ₹31.5 L/yr
Team Lead Salary
(27 salaries)
unlock blur
₹2.9 L/yr - ₹9.72 L/yr
Analyst Salary
(17 salaries)
unlock blur
₹10.57 L/yr - ₹13.05 L/yr
unlock blur
₹4 L/yr - ₹10 L/yr
IT Executive Salary
(9 salaries)
unlock blur
₹2 L/yr - ₹4 L/yr
unlock blur
₹12 L/yr - ₹22.7 L/yr

Top skills at IndusInd Bank for IT Manager

Incident Management Microsoft Windows Computer Networking Linux System Administration IT Support Credit Management DHCP ITIL Certified Application Support Risk Management Desktop Support Information Security Helpdesk IT Infrastructure Cloud Security

Salary related reviews for IndusInd Bank

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 Jan 2025

5.0
 for  Salary and Benefits

Likes

On time salary

  • Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

read more
  • Skill development - Bad
  • +5 more

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 01 Oct 2024

3.0
 for  Salary and Benefits

Likes

Every process is slow and complicated

Dislikes

1. Joining process slow and worst 2. Once you join you have to do struggle to open your own salary account. 3. When you start doing operations, every process is so complicated. 4. If you open accounts, accounts getting freeze or total freeze in some time. 5. No support from BM, they said "I need business only do it from anywhere" and by mistake if portfolio assigned then you have to do sttrugle for customer you have to fight for your portfolio from KAM or RM, every customer is owned by KAM or RM from your portfolio. 6. MH, RH invites you on weekend for business in branch, branches open on weekends for only business.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 20 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary credited on time

  • Salary - Good

Dislikes

According to customer's point of view...it provides horrible service.seniors are just mis-utilising their position...the timing is 8.45am to 7.00pm but cluster manager as well as bm force to sit and complete the targets ...They calls often most of the holidays to work full time at branch...if u will join this bank specially in bbsr region your personal life and mental health will be destroyed.Every day pressure and sells targets.Bms and cluster manager behaves rudely and they puts pressure until u committee suicide 🙏 please don't join this bank

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

IndusInd Bank IT Manager Salary FAQs

What is the salary of IT Manager at IndusInd Bank in Mumbai?
The average salary of a IT Manager at IndusInd Bank in Mumbai typically ranges from ₹5.9 Lakhs to ₹22.5 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of IT Manager in Mumbai at IndusInd Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹22.5 Lakhs per year. IT 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 20+ IndusInd Bank employees in India.
What is the estimated take home salary of a IT Manager at IndusInd Bank in Mumbai?
The estimated take-home salary of a IT Manager at IndusInd Bank in Mumbai typically ranges from ₹98,861 to ₹1,01,545 per month. This is based on the average salary range of ₹5.9 Lakhs to ₹22.5 Lakhs per year for employees with experience ranging from 5 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 20+ 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 IT Manager at IndusInd Bank in Mumbai?
To be a IT Manager at IndusInd Bank in Mumbai, the key skills required include:

  • - Incident Management
  • - Microsoft Windows
  • - Computer Networking
  • - Linux System Administration
  • - IT Support

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 IT Manager in India?
Yes Bank ₹16.6 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda ₹10.0 Lakhs to ₹21.0 Lakhs per year
IDBI Bank ₹12.0 Lakhs to ₹19.3 Lakhs per year
Indian Overseas Bank ₹12.5 Lakhs to ₹18.0 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 IT Manager in companies similar to IndusInd Bank in Mumbai?
The salary of a IT Manager at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹9.7 Lakhs to ₹16.3 Lakhs per year
AU Small Finance Bank ₹6.7 Lakhs to ₹15.5 Lakhs per year
IDFC FIRST Bank ₹6.3 Lakhs to ₹19.5 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 IT Manager at IndusInd Bank in Mumbai?
The salary growth for a IT Manager at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a IT Manager in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
5 years ₹8.2 Lakhs to ₹24.2 Lakhs per year
6 years ₹7.1 Lakhs to ₹24.6 Lakhs per year
7 years ₹12.5 Lakhs to ₹16.0 Lakhs per year
8 years ₹6.0 Lakhs to ₹16.5 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank IT Manager salary in Mumbai ranges between ₹5.9 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 IndusInd Bank latest salaries received from various employees of IndusInd Bank.