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IndusInd Bank

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3.6

based on 10.5k Reviews

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IndusInd Bank Manager M1 salaries in Kolkata

Annual salary range
6 - 11 years exp.
₹5.8 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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47% less than the average Manager M1 Salary in Banking Companies for 6 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager M1 Salary
6 - 8 years exp. (3 salaries)
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₹5.8 L/yr - ₹6.7 L/yr

Sales & Business Development
Manager M1 Salary
11 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹6.5 L/yr

Last Updated: 30 Sep 2024

Companies similar to IndusInd Bank for Manager M1 in Kolkata

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IndusInd Bank Manager M1 Salary

6 - 11 years exp. (5 salaries)

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₹5.8 L/yr - ₹6.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Manager M1 Salary

6 - 12 years exp. (6 salaries)

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₹7.5 L/yr - ₹8.7 L/yr

arrow icon 44% more
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ICICI Bank Manager M1 Salary

1 - 16 years exp. (136 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 73% more
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Axis Bank Manager M1 Salary

6 - 13 years exp. (8 salaries)

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₹4.4 L/yr - ₹9.5 L/yr

arrow icon 26% more
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Kotak Mahindra Bank Manager M1 Salary

2 - 9 years exp. (4 salaries)

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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 2% less
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PwC Manager M1 Salary

4 - 13 years exp. (58 salaries)

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₹15.1 L/yr - ₹30.5 L/yr

arrow icon 286% more
Manager M1 salary at IndusInd Bank ranges between ₹5.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Manager M1 in Kolkata

4mo ago
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8 years exp.
6mo ago
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11 years exp.
1y ago
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6 years exp.
1y ago
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6 years exp.

Experience wise IndusInd Bank Manager M1 salaries in Kolkata

Last Updated: 30 Sep 2024

Experience Avg Annual Salary
6 years  (3 salaries)

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₹2.3 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
View all

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(328 salaries)
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₹2.3 L/yr - ₹7 L/yr
Branch Manager Salary
(110 salaries)
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₹6 L/yr - ₹24 L/yr
Area Manager Salary
(5 salaries)
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₹11 L/yr - ₹18.25 L/yr
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₹3 L/yr - ₹4.1 L/yr

Salary related reviews for IndusInd Bank

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 03 Jan 2025

2.0
 for  Salary and Benefits

Likes

Only thing i like salary on 25 of every month nothing else

Dislikes

No proper support from managers branch managers are dangerous towards employee favourite employe get good support . Not treat equally . No proper hr support . Manager use their power to spoil employee life. Unrealistic target . This is not bank these are insurance company. They only focus on insurance. No proper training. No proper support . Second thing if u have do pr die situation then join Indusind bank other wise explore your self and search other opportunities. Hr not received your call . Hr will also not understand your problem even you share medical thereafter they will not relieve you . Hr is only for name and position. Huge politics . If you hard worker employee and source good business then managers will map your clients to his favourite employee. They will treat you like you are slave. (Convulsion) Pls don’t join until and unless you have do or die situation either join for 1 or 6 months after resigned )

read more
  • Salary - Poor
  • +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

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Sep 2024

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...nonuse at all...you have to recruit staff...suddenly all policies will change...they ensure u don't get bonus or rating if u do not complete amfi or irda...all these r communicated at last minute...no support n extended targets too which u can never achieve..

read more
  • Salary - Bad
  • +6 more
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IndusInd Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at IndusInd Bank Kolkata?
Manager M1 salary at IndusInd Bank in Kolkata ranges between ₹5.8 Lakhs to ₹6.5 Lakhs for experience between 6 years to 11 years. According to our estimates it is 47% less than the average Manager M1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank Kolkata.
How does the salary of a Manager M1 at IndusInd Bank Kolkata compare with the average salary range for this job?
The average salary of a Manager M1 at IndusInd Bank is 47% less than the average salary of a Manager M1 in Kolkata. To know exact salary insights, login to view.
Which similar companies are paying more than IndusInd Bank to a Manager M1 in Kolkata?
  • PwC Manager M1 Salary - ₹15.1 Lakhs to ₹30.5 Lakhs per year
  • ICICI Bank Manager M1 Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
  • HDFC Bank Manager M1 Salary - ₹7.5 Lakhs to ₹8.7 Lakhs per year
  • Axis Bank Manager M1 Salary - ₹4.4 Lakhs to ₹9.5 Lakhs per year
What is the salary of a Manager M1 in companies similar to IndusInd Bank in Kolkata?
  • Kotak Mahindra Bank Manager M1 Salary - ₹3.8 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Manager M1 at IndusInd Bank in Kolkata?
The estimated take-home salary of a Manager M1 at IndusInd Bank ranges between ₹44,946 per month to ₹46,037 per month in Kolkata. The take-home salary calculation is based on the average IndusInd Bank Manager M1 salary in India which ranges between ₹5.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Manager M1 at IndusInd Bank in Kolkata?
According to AmbitionBox, 100% of the IndusInd Bank Manager M1s in Kolkata reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IndusInd Bank Manager M1 salary in Kolkata ranges between ₹5.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.