IndusInd Bank Mumbai Principal Salaries by 3 Employees (Updated 2024)

13 - 14 years exp.

₹41 Lakhs - ₹42 Lakhs

Low Confidence

Salary of majority employees

52% more than the average Principal Salary in Banking Companies for 13 - 14 years of experience

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Last Updated: 31 Mar 2024

Companies similar to IndusInd Bank for Principal in Mumbai

IndusInd Bank Principal Salary

13 - 14 years exp. (3 salaries)

₹41 L/yr - ₹42 L/yr

Company name	Avg Annual Salary	Open Jobs
Orchids International School Principal Salary 18 - 27 years exp. (22 salaries)	₹10.5 L/yr - ₹20 L/yr 61% less	1 job opening
Accenture Principal Salary 9 - 15 years exp. (15 salaries)	₹46 L/yr - ₹94 L/yr 45% more
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Dhruva Advisors LLP Principal Salary 8 - 14 years exp. (14 salaries)	₹30 L/yr - ₹50 L/yr 2% less
VIBGYOR Group of Schools Principal Salary 15 - 22 years exp. (9 salaries)	₹12 L/yr - ₹26 L/yr 47% less
Infosys Consulting Principal Salary 11 - 15 years exp. (6 salaries)	₹35 L/yr - ₹52 L/yr 2% more

Principal salary at IndusInd Bank ranges between ₹41 Lakhs to ₹42 Lakhs per year for employees with experience between 13 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Principal salaries in Mumbai

Last Updated: 31 Mar 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹37.4 L/yr - ₹47.7 L/yr
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14 years (AmbitionBox Estimate)	₹36.9 L/yr - ₹47.2 L/yr

Salary related reviews for IndusInd Bank

Associate Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

...corporate. Work life balance, knowledge uplift, work satisfaction are very good. Salary and Appraisal are low when compared to industry. Seniors guide us well.

Dislikes

Salary and Appraisal.

Deputy Manager in Guwahati

Full Time

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2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

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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.

Key Account Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 28 Nov 2024

3.0

for Salary and Benefits

Likes

While hiring they will give you nice package. You will be exited.

Dislikes

After joining you will not get time to learn the process of the bank. Because they will tell upfront that you have not been hired for providing services to the customer. After completion of 3 months you will start listening that "if you can't then leave the company we can hire 2 more people in your salary". Senior managers are least bother about your efforts because they want only result. Requesting everyone think 10 times before joining this company. Managers threatening saying " If Life Insurance will not happen today then you will see hell in your life today and go wherever you can complain against me I am least bother" There are lot of things to say but I can not explain everything in this. But before joining this company ask your friends or resources and take a genuine feedback then take your decision.

Select Relationship Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

1.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

They give you good hike or good package while hiring

Dislikes

After joining they will make your life hell, there are so many policies related to employee they made but no seniors follows. They will make you feel resigning and going home. Also the kind of threatening you will get that will make your life miserable. They will bluntly that you complain wherever you want I don't care. Just put down paper andvget out from the branch. I should not see your face next day at branch.

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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 Principal Salary FAQs

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

According to AmbitionBox, 100% of the IndusInd Bank Principals in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IndusInd Bank Principal Salaries in Mumbai

IndusInd Bank Principal salary in Mumbai ranges between ₹41 Lakhs to ₹42 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.