IndusInd Bank Mumbai Manager Salaries by 600+ Employees (Updated 2024)

0 - 16 years exp.

₹3.2 Lakhs - ₹12.2 Lakhs

Salary of majority employees

53% less than the average Manager Salary in Banking Companies for 0 - 16 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Manager Salary 0 - 16 years exp. (280 salaries)	₹3.2 L/yr - ₹13 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 - 16 years exp. (65 salaries)	₹4.5 L/yr - ₹14 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. (16 salaries)	₹5 L/yr - ₹13.5 L/yr

View all

Last Updated: 14 Dec 2024

Companies similar to IndusInd Bank for Manager in Mumbai

IndusInd Bank Manager Salary

0 - 16 years exp. (633 salaries)

₹3.2 L/yr - ₹12.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹17.5 L/yr 27% more	1 job opening
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.1 L/yr 62% more
Login to view exact salary
Axis Bank Manager Salary 0 - 18 years exp. (1.7k salaries)	₹5.5 L/yr - ₹18 L/yr 34% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 10% more
Yes Bank Manager Salary 0 - 18 years exp. (922 salaries)	₹4.3 L/yr - ₹14.3 L/yr 20% more
Standard Chartered Manager Salary 2 - 19 years exp. (140 salaries)	₹7 L/yr - ₹28 L/yr 103% more	17 job openings
Citibank Manager Salary 6 - 16 years exp. (257 salaries)	₹10.3 L/yr - ₹31.4 L/yr 166% more
State Bank of India Manager Salary 6 - 15 years exp. (95 salaries)	₹12 L/yr - ₹40 L/yr 212% more
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (504 salaries)	₹4 L/yr - ₹15 L/yr 12% more
RBL Bank Manager Salary 2 - 16 years exp. (291 salaries)	₹4.2 L/yr - ₹13 L/yr 15% more

View all

Manager salary at IndusInd Bank ranges between ₹3.2 Lakhs to ₹12.2 Lakhs per year for employees with less than 1 year of experience to 16 years. Salary estimates are based on 633 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Manager salaries in Mumbai

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
Fresher (5 salaries)	₹5 L/yr - ₹8 L/yr
1 year (7 salaries)	₹6.6 L/yr - ₹10.2 L/yr
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2 years (8 salaries)	₹3.2 L/yr - ₹10.5 L/yr
3 years (16 salaries)	₹4.3 L/yr - ₹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 (74 salaries)	₹3.4 L/yr - ₹12.5 L/yr
9 years (59 salaries)	₹4.2 L/yr - ₹12.5 L/yr
10 years (75 salaries)	₹3.5 L/yr - ₹13.5 L/yr
11 years (44 salaries)	₹4 L/yr - ₹12.5 L/yr
12 years (58 salaries)	₹3.7 L/yr - ₹13.4 L/yr
13 years (41 salaries)	₹4.2 L/yr - ₹12.5 L/yr
14 years (27 salaries)	₹4.5 L/yr - ₹13 L/yr
15+ years (30 salaries)	₹5 L/yr - ₹10.5 L/yr

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From

Manager

₹

Lakhs/yr

0 - 16 years exp.

Vice President

₹

Lakhs/yr

11 - 23 years exp.

Manager 0 - 16 years exp.

Chief Manager 0 - 20 years exp.

48% hike

Assistant Vice President 6 - 21 years exp.

48% hike

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(754 salaries)

₹1.7 L/yr - ₹8.05 L/yr

Credit Manager Salary

(33 salaries)

₹3.6 L/yr - ₹11.44 L/yr

Management Trainee Salary

(25 salaries)

₹4 L/yr - ₹11.25 L/yr

Audit Executive Salary

(7 salaries)

₹1.3 L/yr - ₹4.64 L/yr

Senior Associate Salary

(5 salaries)

₹4 L/yr - ₹12 L/yr

Audit Manager Salary

(4 salaries)

₹9.09 L/yr - ₹9.25 L/yr

Top skills at IndusInd Bank for Manager

Solution Design Credit Cards Personal Loans Banking Target Achievement

Salary related reviews for IndusInd Bank

2.6

Rated by 42 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.

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.

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.

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

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

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IndusInd Bank Manager Salary FAQs

What is the salary of Manager at IndusInd Bank Mumbai?

Manager salary at IndusInd Bank in Mumbai ranges between ₹3.2 Lakhs to ₹12.2 Lakhs for less than 1 year of experience to 16 years. According to our estimates it is 53% less than the average Manager Salary in India. Salary estimates are based on 633 latest salaries received from various employees of IndusInd Bank Mumbai.

How does the salary of a Manager at IndusInd Bank Mumbai compare with the average salary range for this job?

The average salary of a Manager at IndusInd Bank is 53% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at IndusInd Bank?

Solution Design, Credit Cards, Personal Loans, Banking and Target Achievement are some of the popular skills required to work as a Manager at IndusInd Bank Mumbai.

Which similar companies are paying more than IndusInd Bank to a Manager in Mumbai?

Reserve Bank of India Manager Salary - ₹16.8 Lakhs to ₹42.0 Lakhs per year
Bank of America Manager Salary - ₹11.7 Lakhs to ₹37.0 Lakhs per year
State Bank of India Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
Citibank Manager Salary - ₹10.3 Lakhs to ₹31.4 Lakhs per year
IDBI Bank Manager Salary - ₹10.0 Lakhs to ₹29.0 Lakhs per year

What is the salary of a Manager in companies similar to IndusInd Bank in Mumbai?

NatWest Group Manager Salary - ₹13.0 Lakhs to ₹22.0 Lakhs per year
Federal Bank Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Barclays Manager Salary - ₹11.5 Lakhs to ₹21.0 Lakhs per year
Bank of Baroda Manager Salary - ₹6.5 Lakhs to ₹25.0 Lakhs per year
Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year

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 ranges between ₹56,993 per month to ₹58,424 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank Manager salary in India which ranges between ₹3.2 Lakhs to ₹12.2 Lakhs per year for employees with less than 1 year of experience to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 77% of the IndusInd Bank Managers in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 341 responses on AmbitionBox in last 2 years.

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IndusInd Bank Manager Salaries in Mumbai

IndusInd Bank Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 633 IndusInd Bank latest salaries received from various employees of IndusInd Bank.

IndusInd Bank Manager salaries in Mumbai

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

Tell us how to improve this page.