IndusInd Bank Mumbai Project Manager Salaries by 40+ Employees (Updated 2025)

6 - 18 years exp.

₹9.4 Lakhs - ₹31.5 Lakhs

Salary of majority employees

Fixed (90%)

₹17.8 Lakhs

Variable (10%)

₹1.9 Lakh

At par with the average Project Manager Salary in Banking Companies for 6 - 18 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

Project & Program Management Project Manager Salary 6 - 18 years exp. (32 salaries)	₹10 L/yr - ₹31.5 L/yr
Engineering - Software & QA Project Manager Salary 6 - 14 years exp. (6 salaries)	₹14.5 L/yr - ₹24.3 L/yr
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IT & Information Security Project Manager Salary 9 - 18 years exp. (3 salaries)	₹11 L/yr - ₹27 L/yr
Data Science & Analytics Project Manager Salary 11 - 18 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹23.4 L/yr

Last Updated: 16 Mar 2025

Companies similar to IndusInd Bank for Project Manager in Mumbai

IndusInd Bank Project Manager Salary

6 - 18 years exp. (48 salaries)

₹9.4 L/yr - ₹31.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Project Manager Salary 1 - 12 years exp. (70 salaries)	₹14.7 L/yr - ₹26.5 L/yr 16% less
Axis Bank Project Manager Salary 0 - 16 years exp. (59 salaries)	₹6.3 L/yr - ₹24.4 L/yr 23% less
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IDFC FIRST Bank Project Manager Salary 0 - 13 years exp. (56 salaries)	₹7 L/yr - ₹25.7 L/yr 23% less
Yes Bank Project Manager Salary 2 - 14 years exp. (34 salaries)	₹5.7 L/yr - ₹22 L/yr 29% less
Bank of America Project Manager Salary 5 - 17 years exp. (14 salaries)	₹10.4 L/yr - ₹23 L/yr 4% more
Deutsche Bank Project Manager Salary 9 - 12 years exp. (7 salaries)	₹20 L/yr - ₹36 L/yr 38% more	2 job openings
AU Small Finance Bank Project Manager Salary 5 - 8 years exp. (5 salaries)	₹7 L/yr - ₹17 L/yr 39% less	1 job opening
IDBI Bank Project Manager Salary 5 - 11 years exp. (4 salaries)	₹15 L/yr - ₹24.5 L/yr 7% less

Project Manager salary at IndusInd Bank ranges between ₹9.4 Lakhs to ₹31.5 Lakhs per year for employees with experience between 6 years to 18 years. Salary estimates are based on 48 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Project Manager salaries in Mumbai

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
7 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21 L/yr
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8 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.4 L/yr
9 years (3 salaries)	₹10.8 L/yr - ₹27 L/yr
10 years (3 salaries)	₹12 L/yr - ₹28 L/yr
11 years (8 salaries)	₹9.4 L/yr - ₹31.5 L/yr
12 years (7 salaries)	₹9.4 L/yr - ₹31.5 L/yr
13 years (6 salaries)	₹11 L/yr - ₹27.4 L/yr
14 years (4 salaries)	₹13 L/yr - ₹36.5 L/yr
15+ years (11 salaries)	₹11 L/yr - ₹26 L/yr

View all

Similar Designation salaries in IndusInd Bank

Product Manager Salary

(42 salaries)

₹7.34 L/yr - ₹30.95 L/yr

Business Analyst Salary

(32 salaries)

₹4 L/yr - ₹14.13 L/yr

Delivery Manager Salary

(3 salaries)

₹18.3 L/yr - ₹30.3 L/yr

Project Coordinator Salary

(3 salaries)

₹4 L/yr - ₹4.5 L/yr

Program Manager Salary

(3 salaries)

₹12 L/yr - ₹27 L/yr

Top skills at IndusInd Bank for Project Manager

Project Management Project Management IT Project Management Solution Design SCOPE Solution Delivery Business Process Re - engineering Stakeholder Management Project Development Use Cases Project Delivery Resource Allocation Effort Estimation Execution PMP

Salary related reviews for IndusInd Bank

3.2

Rated by 5 employees for salary & benefits

Service Delivery Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Every process is slow and complicated

Dislikes

1. Joining process slow and worst 2. Once you join you have to do struggle to open your own salary account. 3. When you start doing operations, every process is so complicated. 4. If you open accounts, accounts getting freeze or total freeze in some time. 5. No support from BM, they said "I need business only do it from anywhere" and by mistake if portfolio assigned then you have to do sttrugle for customer you have to fight for your portfolio from KAM or RM, every customer is owned by KAM or RM from your portfolio. 6. MH, RH invites you on weekend for business in branch, branches open on weekends for only business.

Skill development - Bad

+5 more

Service Delivery Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 20 Sep 2024

4.0

for Salary and Benefits

Likes

Salary credited on time

Salary - Good

Dislikes

According to customer's point of view...it provides horrible service.seniors are just mis-utilising their position...the timing is 8.45am to 7.00pm but cluster manager as well as bm force to sit and complete the targets ...They calls often most of the holidays to work full time at branch...if u will join this bank specially in bbsr region your personal life and mental health will be destroyed.Every day pressure and sells targets.Bms and cluster manager behaves rudely and they puts pressure until u committee suicide 🙏 please don't join this bank

Skill development - Bad

+4 more

Service Delivery Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Feb 2024

1.0

for Salary and Benefits

Likes

Visionary organisation with no path towards achieving the vision.

Dislikes

...n-terms technology & process 3) Poor Culture/No employee engagement initiatives 4) Poor Compensation 5) Neither employee centric nor customer centric organisation.

Salary - Bad

+5 more

Service Delivery Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 Aug 2023

2.0

for Salary and Benefits

Likes

Only managers i got good . Rest everything is worst, from timings, to salary to work culture

Job security - Excellent

Dislikes

Very poor in terms of salary . They give you promotion if you perform well but salary hike is very low since the basics are low only. Forget about work life balance. Especially the operations guys. You will work for 10- 12 hrs everday, and at the end of the year you have nothing. No hike, no incentives (even if you top the nation in doing sales and business), very low bonus.

Salary - Poor

+2 more

Service Delivery Manager in Lucknow

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 19 Apr 2021

4.0

for Salary and Benefits

Likes

GOOD WORK CULTURE AND COMPANY POLICIES. I love the fact that I am a part of a team that markets reliable, high-end products, services and has a global client base.

Salary - Good

+6 more

Dislikes

COMPENSATION IS DECENT BUT GROWTH IS SLOW.

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IndusInd Bank Project Manager Salary FAQs

What is the salary of Project Manager at IndusInd Bank in Mumbai?

The average salary of a Project Manager at IndusInd Bank in Mumbai typically ranges from ₹9.4 Lakhs to ₹31.5 Lakhs per year, depending on experience (from 6 years to 18 years).

The top 10% of Project Manager in Mumbai at IndusInd Bank earn more than ₹26.7 Lakhs per year, and the top 1% earn over ₹31.5 Lakhs per year. Project Manager 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 40+ IndusInd Bank employees in India.

What is the estimated take home salary of a Project Manager at IndusInd Bank in Mumbai?

The estimated take-home salary of a Project Manager at IndusInd Bank in Mumbai typically ranges from ₹1,30,172 to ₹1,34,782 per month. This is based on the average salary range of ₹9.4 Lakhs to ₹31.5 Lakhs per year for employees with experience ranging from 6 years to 18 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 40+ salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Project Manager at IndusInd Bank in Mumbai?

To be a Project Manager at IndusInd Bank in Mumbai, the key skills required include:

- Project Management
- Project Management
- IT Project Management
- Solution Design
- SCOPE

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IndusInd Bank for Project Manager in India?

Deutsche Bank	₹20.0 Lakhs to ₹36.0 Lakhs per year
Bank of America	₹10.4 Lakhs to ₹23.0 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 Project Manager in companies similar to IndusInd Bank in Mumbai?

The salary of a Project Manager at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank	₹15.0 Lakhs to ₹24.5 Lakhs per year
ICICI Bank	₹14.7 Lakhs to ₹26.5 Lakhs per year
Axis Bank	₹6.3 Lakhs to ₹24.4 Lakhs per year
IDFC FIRST Bank	₹7.0 Lakhs to ₹25.7 Lakhs per year
Yes Bank	₹5.7 Lakhs to ₹22.0 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 Project Manager at IndusInd Bank in Mumbai?

The salary growth for a Project Manager at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Project Manager in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience	Average Salary Range
6 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
7 years	₹16.5 Lakhs to ₹21.0 Lakhs per year
8 years	₹16.7 Lakhs to ₹21.4 Lakhs per year
9 years	₹10.8 Lakhs to ₹27.0 Lakhs per year

and so on.

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IndusInd Bank Project Manager Salaries in Mumbai

IndusInd Bank Project Manager salary in Mumbai ranges between ₹9.4 Lakhs to ₹31.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 IndusInd Bank latest salaries received from various employees of IndusInd Bank.