IndusInd Bank Mechanical Engineer Salaries by 3 Employees (Updated 2025)

2 - 6 years exp.

₹1.8 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Mechanical Engineer Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development Mechanical Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Research & Development Mechanical Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 3 Jun 2023

Companies similar to IndusInd Bank for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Mechanical Engineer Salary 4 - 5 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 27% more
ICICI Bank Mechanical Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 30% more
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Yes Bank Mechanical Engineer Salary 2 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 30% more
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 12 years exp. (548 salaries)	₹1.1 L/yr - ₹10.5 L/yr 147% more
Reliance Industries Mechanical Engineer Salary 1 - 10 years exp. (517 salaries)	₹1.5 L/yr - ₹9.7 L/yr 150% more	1 job opening

Mechanical Engineer salary at IndusInd Bank ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Mechanical Engineer salaries

Last Updated: 3 Jun 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr

Similar Designation salaries in IndusInd Bank

Senior Engineer Salary

(3 salaries)

₹16 L/yr - ₹20 L/yr

Service Engineer Salary

(5 salaries)

₹1.5 L/yr - ₹5.8 L/yr

Executive Engineer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹14.5 L/yr - ₹18.5 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹0.7 L/yr - ₹0.9 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹8.8 L/yr - ₹11.3 L/yr

Electrical Supervisor Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(3.6k salaries)

₹1.7 L/yr - ₹8.05 L/yr

Maintenance Manager Salary

(3 salaries)

₹5.3 L/yr - ₹14 L/yr

Officer Salary

(207 salaries)

₹1.35 L/yr - ₹4.22 L/yr

Salary related reviews for IndusInd Bank

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.

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

The Salary is good and nothing else.

Dislikes

The work culture is very bad, especially the reporting managers are just toxic people. They demoralise you rather than influence and inspire. The bank is fond of one thing and that is money. I was in ARD and trust me when I say that they treat you like some commodity which can be used and used only. And you can be assured that at the end end of the day whether your mental health is good or bad they don't care and they won't be bothered by your sad situation. Moreover they do nothing, so that your mental health can improve. You are put under extreme demands and unimaginable pressure both mentally and physically for every day. My opinion is don't join there as the internal workings of the bank is just next to a slum.

Deputy Manager in Sapror

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Jan 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

No support from subordinate Too much sales pressure Slow system issue Too many layers for talking to high authority No celebration any festival In jfm months satuday holiday they will invite for , complete the targets.

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Jun 2023

2.0

for Salary and Benefits

Likes

there is nothing to like north(uttar pradesh) culture of Indusind bank while in other state its good to work with indusind

Dislikes

salary structure , promotion and increament culture if you work with indusind salary growth is 2% in a year ie. if you join on 10000/- salary after 10 year you will reach 15-17 thousand while your grade will increase as CM,AVP,AVP1 also after leave the job if you want to join other bank you are unable to give proper reason why your salary is low

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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IndusInd Bank Mechanical Engineer Salary FAQs

What is the notice period for Mechanical Engineer at IndusInd Bank?

According to AmbitionBox, 100% of the IndusInd Bank Mechanical Engineers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IndusInd Bank Mechanical Engineer Salaries

IndusInd Bank Mechanical Engineer salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.