IndusInd Bank Manager II Salaries by 6 Employees (Updated 2025)

3 - 13 years exp.

₹4 Lakhs - ₹9.6 Lakhs

Low Confidence

Salary of majority employees

67% less than the average Manager II Salary in Banking Companies for 3 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager II Salary 7 - 13 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹9.6 L/yr
Engineering - Hardware & Networks Manager II Salary 7 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.5 L/yr
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Finance & Accounting Manager II Salary 3 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr
Sales & Business Development Manager II Salary 7 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.3 L/yr

Last Updated: 1 Mar 2025

Companies similar to IndusInd Bank for Manager II

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager II Salary 2 - 16 years exp. (402 salaries)	₹8 L/yr - ₹26.2 L/yr 152% more
Equitas Small Finance Bank Manager II Salary 9 - 17 years exp. (17 salaries)	₹7.3 L/yr - ₹14 L/yr 55% more
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AU Small Finance Bank Manager II Salary 2 - 10 years exp. (13 salaries)	₹3.5 L/yr - ₹10 L/yr 11% less
Axis Bank Manager II Salary 6 - 13 years exp. (8 salaries)	₹7.2 L/yr - ₹13 L/yr 28% more
IDBI Bank Manager II Salary 5 - 15 years exp. (6 salaries)	₹9 L/yr - ₹25 L/yr 107% more
Bank of Baroda Manager II Salary 8 - 12 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 103% more
Bank of Maharashtra Manager II Salary 0 - 12 years exp. (6 salaries)	₹12 L/yr - ₹18 L/yr 117% more
IDFC FIRST Bank Manager II Salary 1 - 12 years exp. (5 salaries)	₹5.3 L/yr - ₹8.5 L/yr 4% more
Federal Bank Manager II Salary 4 - 13 years exp. (5 salaries)	₹10 L/yr - ₹21 L/yr 133% more
Yes Bank Manager II Salary 5 - 9 years exp. (4 salaries)	₹5.6 L/yr - ₹7.9 L/yr 5% more
Central Bank of India Manager II Salary 7 - 8 years exp. (4 salaries)	₹14 L/yr - ₹17 L/yr 131% more
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Indian Bank Manager II Salary 9 - 24 years exp. (4 salaries)	₹10.5 L/yr - ₹16 L/yr 88% more
Indian Overseas Bank Manager II Salary 9 - 17 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 140% more

Manager II salary at IndusInd Bank ranges between ₹4 Lakhs to ₹9.6 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 6 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Manager II salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
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5 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
7 years (3 salaries)	₹5.7 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
10 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
11 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
12 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
13 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr

View all

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Salary related reviews for IndusInd Bank

1.0

Rated by 2 employees for salary & benefits

Deputy Manager in Chennai

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.

Skill development - Bad

+5 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

Associate Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

...corporate. Work life balance, knowledge uplift, work satisfaction are very good. Salary and Appraisal are low when compared to industry. Seniors guide us well.

Salary - Good

+5 more

Dislikes

Salary and Appraisal.

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

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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 Manager II Salary FAQs

What is the salary of Manager II at IndusInd Bank ?

The average salary of a Manager II at IndusInd Bank in India typically ranges from ₹4.0 Lakhs to ₹9.6 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Manager II at IndusInd Bank earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.6 Lakhs per year. Manager II 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 6 IndusInd Bank employees in India.

What is the estimated take home salary of a Manager II at IndusInd Bank in India?

The estimated take-home salary of a Manager II at IndusInd Bank in India typically ranges from ₹51,389 to ₹52,601 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹9.6 Lakhs per year for employees with experience ranging from 3 years to 13 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 6 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IndusInd Bank for Manager II in India?

ICICI Bank	₹8.0 Lakhs to ₹26.2 Lakhs per year
Indian Overseas Bank	₹14.5 Lakhs to ₹18.0 Lakhs per year
Federal Bank	₹10.0 Lakhs to ₹21.0 Lakhs per year
Central Bank of India	₹14.0 Lakhs to ₹17.0 Lakhs per year
Bank of Maharashtra	₹12.0 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 Manager II in companies similar to IndusInd Bank in India?

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

IDBI Bank	₹9.0 Lakhs to ₹25.0 Lakhs per year
Bank of Baroda	₹12.0 Lakhs to ₹15.0 Lakhs per year
Indian Bank	₹10.5 Lakhs to ₹16.0 Lakhs per year
Equitas Small Finance Bank	₹7.3 Lakhs to ₹14.0 Lakhs per year
Axis Bank	₹7.2 Lakhs to ₹13.0 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 Manager II at IndusInd Bank in India?

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

Experience	Average Salary Range
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹3.9 Lakhs to ₹4.9 Lakhs per year
5 years	₹4.4 Lakhs to ₹5.6 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.3 Lakhs per year

and so on.

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IndusInd Bank Manager II Salaries

IndusInd Bank Manager II salary in India ranges between ₹4 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 IndusInd Bank latest salaries received from various employees of IndusInd Bank.