IndusInd Bank Pune Manager M1 Salaries by 3 Employees (Updated 2025)

5 - 7 years exp.

₹5.5 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Manager M1 Salary in Banking Companies for 5 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager M1 Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.4 L/yr
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Finance & Accounting Manager M1 Salary 7 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹6.5 L/yr

Last Updated: 9 Nov 2024

Companies similar to IndusInd Bank for Manager M1 in Pune

IndusInd Bank Manager M1 Salary

5 - 7 years exp. (3 salaries)

₹5.5 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager M1 Salary 6 - 10 years exp. (4 salaries)	₹8.5 L/yr - ₹12.1 L/yr 47% more
ICICI Bank Manager M1 Salary 1 - 16 years exp. (83 salaries)	₹6 L/yr - ₹14 L/yr 73% more
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IDFC FIRST Bank Manager M1 Salary 8 - 12 years exp. (3 salaries)	₹7.5 L/yr - ₹9 L/yr 30% more
AU Small Finance Bank Manager M1 Salary 6 - 13 years exp. (5 salaries)	₹4.5 L/yr - ₹8.3 L/yr 6% more
Vodafone Idea Manager M1 Salary 1 - 12 years exp. (118 salaries)	₹4.5 L/yr - ₹10.9 L/yr 27% more

Manager M1 salary at IndusInd Bank ranges between ₹5.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Manager M1 salaries in Pune

Last Updated: 9 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.4 L/yr
6 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.7 L/yr
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7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(249 salaries)

₹2 L/yr - ₹7.5 L/yr

Area Manager Salary

(5 salaries)

₹7.25 L/yr - ₹13.54 L/yr

Team Lead Salary

(3 salaries)

₹2.15 L/yr - ₹6.31 L/yr

Salary related reviews for IndusInd Bank

2.6

Rated by 2 employees for salary & benefits

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.

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

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.

Service Delivery Manager in New Delhi

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.

Branch Manager in Kochi

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..

Service Delivery Manager in Bhubaneswar

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

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

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a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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IndusInd Bank Manager M1 Salary FAQs

What is the notice period for Manager M1 at IndusInd Bank in Pune?

According to AmbitionBox, 50% of the IndusInd Bank Manager M1s in Pune reported a notice period of 3 Months, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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IndusInd Bank Manager M1 Salaries in Pune

IndusInd Bank Manager M1 salary in Pune ranges between ₹5.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.