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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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57% less than the average Officer Grade 1 Salary in Banking Companies for 0 - 3 years of experience

Interested in this particular role?

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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Federal Bank Officer Grade 1 Salary

0 - 2 years exp. (35 salaries)

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₹6.1 L/yr - ₹16.2 L/yr

arrow icon 319% more
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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 3% 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 325% more
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₹2 L/yr - ₹2.2 L/yr

arrow icon 21% less
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₹1.7 L/yr - ₹2.1 L/yr

arrow icon 27% 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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ICICI Bank Officer Grade 1 Salary

2 - 4 years exp. (3 salaries)

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₹1.7 L/yr - ₹2.5 L/yr

arrow icon 13% less
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AU Small Finance Bank Officer Grade 1 Salary

0 - 5 years exp. (3 salaries)

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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 25% less
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.
1y ago
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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
(207 salaries)
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₹1.45 L/yr - ₹4.22 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
(18 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
(23 salaries)
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₹5 L/yr - ₹10.5 L/yr

Salary related reviews for IndusInd Bank

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 Jan 2025

5.0
 for  Salary and Benefits

Likes

On time salary

  • Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

read more
  • Skill development - Bad
  • +5 more

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
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 ?
The average salary of a Officer Grade 1 at IndusInd Bank in India typically ranges from ₹2.3 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Officer Grade 1 at IndusInd Bank earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Officer Grade 1 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 6 IndusInd Bank employees in India.
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 in India typically ranges from ₹18,405 to ₹20,092 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IndusInd Bank for Officer Grade 1 in India?
Reserve Bank of India ₹18.0 Lakhs to ₹31.0 Lakhs per year
Bank of Baroda ₹8.5 Lakhs to ₹14.0 Lakhs per year
Federal Bank ₹6.1 Lakhs to ₹16.2 Lakhs per year
Indian Bank ₹6.0 Lakhs to ₹12.0 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 Officer Grade 1 in companies similar to IndusInd Bank in India?
The salary of a Officer Grade 1 at companies similar to IndusInd Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹1.8 Lakhs to ₹2.8 Lakhs per year
ICICI Bank ₹1.7 Lakhs to ₹2.5 Lakhs per year
Equitas Small Finance Bank ₹2.0 Lakhs to ₹2.2 Lakhs per year
AU Small Finance Bank ₹1.8 Lakhs to ₹2.3 Lakhs per year
Jana Small Finance Bank ₹1.7 Lakhs to ₹2.1 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 Officer Grade 1 at IndusInd Bank in India?
The salary growth for a Officer Grade 1 at IndusInd Bank depends on factors such as experience, performance, and promotions. On average, a Officer Grade 1 can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
Fresher ₹2.3 Lakhs to ₹2.5 Lakhs per year
1 year ₹1.0 Lakhs to ₹2.6 Lakhs per year
2 years ₹1.1 Lakhs to ₹2.8 Lakhs per year
3 years ₹3.0 Lakhs to ₹3.0 Lakhs per year
and so on.

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.