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IndusInd Bank Officer Grade 1 salaries in India

Annual salary range
0 - 3 years exp.
₹2.3 Lakhs - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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56% less than the average Officer Grade 1 Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Officer Grade 1 Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3 L/yr

Customer Success, Service & Operations
Officer Grade 1 Salary
1 year exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 5 May 2024

Companies similar to IndusInd Bank for Officer Grade 1

Company name Avg Annual Salary Open Jobs
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HDFC Bank Officer Grade 1 Salary

1 - 6 years exp. (6 salaries)

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₹2 L/yr - ₹2.7 L/yr

arrow icon 9% less
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Axis Bank Officer Grade 1 Salary

0 - 4 years exp. (20 salaries)

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₹1.8 L/yr - ₹2.8 L/yr

arrow icon 4% less
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RBL Bank Officer Grade 1 Salary

1 - 5 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.1 L/yr

arrow icon 4% less
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Federal Bank Officer Grade 1 Salary

0 - 3 years exp. (33 salaries)

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₹6.1 L/yr - ₹13 L/yr

arrow icon 295% more
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Bandhan Bank Officer Grade 1 Salary

3 - 4 years exp. (3 salaries)

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₹1.8 L/yr - ₹1.9 L/yr

arrow icon 30% less
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Bank of Baroda Officer Grade 1 Salary

4 - 10 years exp. (8 salaries)

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₹8.5 L/yr - ₹14 L/yr

arrow icon 326% more
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₹2 L/yr - ₹2.2 L/yr

arrow icon 21% less
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₹1.7 L/yr - ₹2.7 L/yr

arrow icon 24% less
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Reserve Bank of India Officer Grade 1 Salary

0 - 3 years exp. (4 salaries)

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₹18 L/yr - ₹31 L/yr

arrow icon 812% more
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Indian Bank Officer Grade 1 Salary

3 - 30 years exp. (4 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 273% more
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AU Small Finance Bank Officer Grade 1 Salary

0 - 4 years exp. (3 salaries)

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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 25% less

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Officer Grade 1 salary at IndusInd Bank ranges between ₹2.3 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Officer Grade 1

10mo ago
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3 years exp.
1y ago
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1 year exp.
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5 months exp.
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1 year exp.
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Experience wise IndusInd Bank Officer Grade 1 salaries

Last Updated: 5 May 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)

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₹1 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3 L/yr

Similar Designation salaries in IndusInd Bank

Officer Salary
(192 salaries)
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₹1.45 L/yr - ₹4.1 L/yr
Software Tester Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
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₹16 L/yr - ₹20 L/yr
Quality Analyst Salary
(17 salaries)
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₹2 L/yr - ₹8 L/yr
Deputy Manager Salary
(3.6k salaries)
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₹1.7 L/yr - ₹8.5 L/yr
Quality Manager Salary
(10 salaries)
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₹3.2 L/yr - ₹6 L/yr
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₹2.4 L/yr - ₹9.8 L/yr
QA QC Engineer Salary
(AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.3 L/yr
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₹7.5 L/yr - ₹8 L/yr
QA Engineer Salary
(22 salaries)
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₹6 L/yr - ₹10.5 L/yr

Salary related reviews for IndusInd Bank

3.0

Rated by 1 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Salary - Poor
  • +3 more

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.

read more
  • Skill development - Poor
  • +4 more

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.

read more
  • Salary - Poor
  • +4 more

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

read more

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

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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IndusInd Bank Officer Grade 1 Salary FAQs

What is the salary of Officer Grade 1 at IndusInd Bank?
Officer Grade 1 salary at IndusInd Bank in India ranges between ₹2.3 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 56% less than the average Officer Grade 1 Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IndusInd Bank India.
How does the salary of a Officer Grade 1 at IndusInd Bank India compare with the average salary range for this job?
The average salary of a Officer Grade 1 at IndusInd Bank is 56% less than the average salary of a Officer Grade 1 in India. To know exact salary insights, login to view.
Which similar companies are paying more than IndusInd Bank to a Officer Grade 1 in India?
  • Reserve Bank of India Officer Grade 1 Salary - ₹18.0 Lakhs to ₹31.0 Lakhs per year
  • Bank of Baroda Officer Grade 1 Salary - ₹8.5 Lakhs to ₹14.0 Lakhs per year
  • Federal Bank Officer Grade 1 Salary - ₹6.1 Lakhs to ₹13.0 Lakhs per year
  • Indian Bank Officer Grade 1 Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Officer Grade 1 in companies similar to IndusInd Bank in India?
  • Axis Bank Officer Grade 1 Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year
  • RBL Bank Officer Grade 1 Salary - ₹2.4 Lakhs to ₹3.1 Lakhs per year
  • HDFC Bank Officer Grade 1 Salary - ₹2.0 Lakhs to ₹2.7 Lakhs per year
  • Equitas Small Finance Bank Officer Grade 1 Salary - ₹2.0 Lakhs to ₹2.2 Lakhs per year
  • Jana Small Finance Bank Officer Grade 1 Salary - ₹1.7 Lakhs to ₹2.7 Lakhs per year
What is the estimated take home salary of a Officer Grade 1 at IndusInd Bank in India?
The estimated take-home salary of a Officer Grade 1 at IndusInd Bank ranges between ₹18,405 per month to ₹20,092 per month in India. The take-home salary calculation is based on the average IndusInd Bank Officer Grade 1 salary in India which ranges between ₹2.3 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Officer Grade 1 at IndusInd Bank?
According to AmbitionBox, 67% of the IndusInd Bank Officer Grade 1s reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IndusInd Bank Officer Grade 1 salary in India ranges between ₹2.3 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 IndusInd Bank latest salaries received from various employees of IndusInd Bank.