IndusInd Bank Pune Manager M1 Salaries by 3 Employees

5 - 7 years exp.

₹5.5 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

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43% 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)	Unlock ₹5.5 L/yr - ₹7.4 L/yr
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Finance & Accounting Manager M1 Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹5.6 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)

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₹5.5 L/yr - ₹6.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager M1 Salary 6 - 10 years exp. (5 salaries)	Unlock ₹8.5 L/yr - ₹12.9 L/yr 55% more
ICICI Bank Manager M1 Salary 1 - 16 years exp. (87 salaries)	Unlock ₹6 L/yr - ₹15 L/yr 77% more
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IDFC FIRST Bank Manager M1 Salary 8 - 12 years exp. (3 salaries)	Unlock ₹7.5 L/yr - ₹9 L/yr 33% more
AU Small Finance Bank Manager M1 Salary 6 - 13 years exp. (6 salaries)	Unlock ₹4.5 L/yr - ₹8.3 L/yr 16% more
Vodafone Idea Manager M1 Salary 1 - 13 years exp. (128 salaries)	Unlock ₹4.5 L/yr - ₹11 L/yr 32% 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)	Unlock ₹5.5 L/yr - ₹10.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹10.4 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹6.5 L/yr

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(249 salaries)

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₹2 L/yr - ₹7.5 L/yr

Branch Manager Salary

(55 salaries)

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₹6.09 L/yr - ₹23 L/yr

Area Manager Salary

(5 salaries)

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₹7.25 L/yr - ₹15.57 L/yr

Team Lead Salary

(3 salaries)

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₹2.15 L/yr - ₹5.26 L/yr

Salary related reviews for IndusInd Bank

2.6

Rated by 2 employees for salary & benefits

Business Development Manager in New Delhi

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 )

Salary - Poor

+5 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

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.

Skill development - Bad

+5 more

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..

Salary - Bad

+6 more

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an associate vice president

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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... read more

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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.