IndusInd Bank Mumbai Manager Salaries by 600+ Employees (Updated 2025)

0 - 16 years exp.

₹3.4 Lakhs - ₹12 Lakhs

Salary of majority employees

54% less than the average Manager Salary in Banking Companies for 0 - 16 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Manager Salary 0 - 16 years exp. (265 salaries)	₹3.4 L/yr - ₹12 L/yr
Customer Success, Service & Operations Manager Salary 0 - 16 years exp. (129 salaries)	₹3.8 L/yr - ₹12.5 L/yr
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Finance & Accounting Manager Salary 0 - 13 years exp. (64 salaries)	₹4.5 L/yr - ₹12.5 L/yr
Sales & Business Development Manager Salary 3 - 15 years exp. (20 salaries)	₹3.5 L/yr - ₹10.7 L/yr
Engineering - Software & QA Manager Salary 4 - 11 years exp. (15 salaries)	₹5 L/yr - ₹13.5 L/yr

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Last Updated: 20 Mar 2025

Companies similar to IndusInd Bank for Manager in Mumbai

IndusInd Bank Manager Salary

0 - 16 years exp. (622 salaries)

₹3.4 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Manager Salary 0 - 18 years exp. (1.7k salaries)	₹5.5 L/yr - ₹17.2 L/yr 33% more
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.4 L/yr 64% more
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Yes Bank Manager Salary 0 - 17 years exp. (895 salaries)	₹4.3 L/yr - ₹16 L/yr 17% more
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (489 salaries)	₹3.7 L/yr - ₹13 L/yr 13% more
IDBI Bank Manager Salary 6 - 17 years exp. (183 salaries)	₹9.2 L/yr - ₹29 L/yr 153% more
Standard Chartered Manager Salary 2 - 19 years exp. (137 salaries)	₹5.9 L/yr - ₹24.1 L/yr 87% more
Bank of America Manager Salary 5 - 17 years exp. (121 salaries)	₹11.7 L/yr - ₹37 L/yr 249% more	7 job openings
AU Small Finance Bank Manager Salary 3 - 14 years exp. (76 salaries)	₹4 L/yr - ₹15.5 L/yr 21% more	1 job opening
Deutsche Bank Manager Salary 7 - 17 years exp. (73 salaries)	₹6 L/yr - ₹20 L/yr 91% more	1 job opening
Federal Bank Manager Salary 3 - 13 years exp. (56 salaries)	₹9 L/yr - ₹23 L/yr 133% more

View all

Manager salary at IndusInd Bank ranges between ₹3.4 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 622 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Manager salaries in Mumbai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹5 L/yr - ₹8 L/yr
1 year (7 salaries)	₹6.6 L/yr - ₹9.3 L/yr
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2 years (7 salaries)	₹5 L/yr - ₹9.5 L/yr
3 years (17 salaries)	₹4.3 L/yr - ₹11.9 L/yr
4 years (31 salaries)	₹4.9 L/yr - ₹10 L/yr
5 years (53 salaries)	₹3.5 L/yr - ₹12 L/yr
6 years (53 salaries)	₹3.8 L/yr - ₹12.5 L/yr
7 years (52 salaries)	₹3.8 L/yr - ₹12.8 L/yr
8 years (72 salaries)	₹3.4 L/yr - ₹11.9 L/yr
9 years (60 salaries)	₹4.2 L/yr - ₹12.5 L/yr
10 years (67 salaries)	₹4 L/yr - ₹13.5 L/yr
11 years (42 salaries)	₹4 L/yr - ₹12.2 L/yr
12 years (59 salaries)	₹3.7 L/yr - ₹13.4 L/yr
13 years (42 salaries)	₹4.2 L/yr - ₹12.5 L/yr
14 years (25 salaries)	₹4.5 L/yr - ₹10.5 L/yr
15+ years (30 salaries)	₹5.6 L/yr - ₹10.5 L/yr

View all

From

Manager

₹

Lakhs/yr

0 - 16 years exp.

Vice President

₹

Lakhs/yr

11 - 22 years exp.

Manager

0 - 16 years exp.

Chief Manager

3 - 20 years exp.

48% hike

Assistant Vice President

6 - 20 years exp.

51% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(763 salaries)

₹1.7 L/yr - ₹8.25 L/yr

Credit Manager Salary

(36 salaries)

₹3.6 L/yr - ₹13.93 L/yr

Management Trainee Salary

(27 salaries)

₹4 L/yr - ₹11.45 L/yr

Audit Executive Salary

(8 salaries)

₹1.3 L/yr - ₹5.39 L/yr

Senior Associate Salary

(5 salaries)

₹2.48 L/yr - ₹12 L/yr

Audit Manager Salary

(4 salaries)

₹9.25 L/yr - ₹9.33 L/yr

Top skills at IndusInd Bank for Manager

Solution Design Credit Cards Personal Loans Banking Target Achievement

Salary related reviews for IndusInd Bank

2.5

Rated by 51 employees for salary & benefits

Manager in Mumbai

Full Time

Human Resources Department

2.0

• posted on 23 Sep 2024

3.0

for Salary and Benefits

Likes

HR people were good, salary package was average. Location is convenient

Dislikes

False information during Interview on offered job profile. Bad Work culture and no work life balance . BAD office politics impacting peoples CAREER. Due to above had to quit without any offer in hand to keep myself mentally healthy Most of the work is manual and not automation scopes. Company is still working in 90s style.

Skill development - Bad

+5 more

Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 30 Oct 2024

2.0

for Salary and Benefits

Likes

100% job secured untill the officer involved into a unerased disciplinary mistakes. He/she will be survived for decades.

Job security - Excellent

+1 more

Dislikes

Not a salary match for vintages basis market norms, new joiners provide more CTC than the existed floor managers. Pay scale revision should effectively implement for designation & grade wise.

Salary - Poor

+1 more

Manager in Ahmedabad

NR Department

1.0

• posted on 27 May 2021

1.0

for Salary and Benefits

Likes

...e you work on holidays as well. Do not join even if they give u 500% hike. Do not fall for them because of package as at the end of the safety is necessary!!

Dislikes

Culture

Salary - Bad

+5 more

Manager in Prabhadevi Mumbai

FRRG Department

1.0

• posted on 08 Sep 2021

1.0

for Salary and Benefits

Likes

No work Life balance, the incharge of the FRRG Dept is pathetic who is been working for 15 years and she has no intention to motivate and train the new joinees. Odd working hours and no decent pay

Dislikes

Lack of innovation, work-life imbalance, very dull work environment and lack of motivation, salary is very low than normal industry standards

Salary - Bad

+6 more

Manager in Ludhiana

BFSI, Investments & Trading Department

5.0

• posted on 07 Apr 2019

4.0

for Salary and Benefits

Likes

It's a good experience for me, also good teammates.

Salary - Good

+6 more

Dislikes

Exactly compensation is good, but growth is very slow. I've to work maximum 9-10 hrs in a day, also there is no on-job training for freshers. There is no appreciation from seniors.

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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 Salary FAQs

What is the salary of Manager at IndusInd Bank in Mumbai?

The average salary of a Manager at IndusInd Bank in Mumbai typically ranges from ₹3.4 Lakhs to ₹12.0 Lakhs per year, depending on experience (from Fresher to 16 years).

The top 10% of Manager in Mumbai at IndusInd Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹12.5 Lakhs per year. 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 600+ IndusInd Bank employees in India.

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

The estimated take-home salary of a Manager at IndusInd Bank in Mumbai typically ranges from ₹56,931 to ₹58,361 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from Fresher to 16 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 600+ 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 Manager at IndusInd Bank in Mumbai?

To be a Manager at IndusInd Bank in Mumbai, the key skills required include:

- Solution Design
- Credit Cards
- Personal Loans
- Banking
- Target Achievement

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 Manager in India?

Reserve Bank of India	₹18.0 Lakhs to ₹46.0 Lakhs per year
Bank of America	₹11.7 Lakhs to ₹37.0 Lakhs per year
IDBI Bank	₹9.2 Lakhs to ₹29.0 Lakhs per year
Federal Bank	₹9.0 Lakhs to ₹23.0 Lakhs per year
Bank of Baroda	₹7.8 Lakhs to ₹25.0 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 in companies similar to IndusInd Bank in Mumbai?

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

Barclays	₹11.5 Lakhs to ₹21.0 Lakhs per year
Bank of Maharashtra	₹10.0 Lakhs to ₹19.0 Lakhs per year
Indian Overseas Bank	₹9.5 Lakhs to ₹19.0 Lakhs per year
Deutsche Bank	₹6.0 Lakhs to ₹20.0 Lakhs per year
Indian Bank	₹8.8 Lakhs to ₹16.0 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 at IndusInd Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹8.0 Lakhs per year
1 year	₹6.6 Lakhs to ₹9.3 Lakhs per year
2 years	₹5.0 Lakhs to ₹9.5 Lakhs per year
3 years	₹4.3 Lakhs to ₹11.9 Lakhs per year

and so on.

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IndusInd Bank Manager Salaries in Mumbai

IndusInd Bank Manager salary in Mumbai ranges between ₹3.4 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 622 IndusInd Bank latest salaries received from various employees of IndusInd Bank.

IndusInd Bank Manager salaries in Mumbai (Updated 2025)

Companies similar to IndusInd Bank for Manager in Mumbai

Latest annual salaries shared by IndusInd Bank Manager in Mumbai

Experience wise IndusInd Bank Manager salaries in Mumbai

Similar Designation salaries in IndusInd Bank

Top skills at IndusInd Bank for Manager

Salary related reviews for IndusInd Bank

Manager in Mumbai

Manager in Chennai

Manager in Ahmedabad

Manager in Prabhadevi Mumbai

Manager in Ludhiana

IndusInd Bank Manager Salary FAQs

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