IndusInd Bank Retail Banking Officer Salaries by 5 Employees

1 - 6 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Retail Banking Officer Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Retail Banking Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Customer Success, Service & Operations Retail Banking Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 18 Dec 2024

Companies similar to IndusInd Bank for Retail Banking Officer

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Retail Banking Officer Salary 0 - 5 years exp. (34 salaries)	₹2.6 L/yr - ₹4 L/yr 13% more
ICICI Bank Retail Banking Officer Salary 0 - 5 years exp. (30 salaries)	₹2 L/yr - ₹3.6 L/yr 8% more
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Standard Chartered Retail Banking Officer Salary 0 - 5 years exp. (12 salaries)	₹1.9 L/yr - ₹3.5 L/yr 1% more
Axis Bank Retail Banking Officer Salary 1 - 5 years exp. (8 salaries)	₹1.5 L/yr - ₹3.5 L/yr 4% less
AU Small Finance Bank Retail Banking Officer Salary 1 - 7 years exp. (6 salaries)	₹2.3 L/yr - ₹3.1 L/yr 6% more
Yes Bank Retail Banking Officer Salary 0 - 3 years exp. (4 salaries)	₹3 L/yr - ₹3.2 L/yr 13% more
Bank of Maharashtra Retail Banking Officer Salary 1 - 4 years exp. (3 salaries)	₹1 L/yr - ₹1.3 L/yr 58% less

Retail Banking Officer salary at IndusInd Bank ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Retail Banking Officer salaries

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr

View all

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Salary related reviews for IndusInd Bank

4.1

Rated by 3 employees for salary & benefits

Deputy Manager in Chennai

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.

Skill development - Bad

+5 more

Sales Executive in Jabalpur

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

Salary - Bad

+6 more

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.

Salary - Bad

+5 more

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

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.

Salary - Poor

+3 more

Customer Service Executive in Chennai

Full Time

Other Department

1.0

• posted on 12 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing at all

Dislikes

...d to take it.... In short your life is hell. No work and personal life balance. Salary is also very pethetic....... Do not join this company especially in KYC.... Your life will be hell because of few inefficient Managers and TLs.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IndusInd Bank Retail Banking Officer Salary FAQs

What is the salary of Retail Banking Officer at IndusInd Bank ?

The average salary of a Retail Banking Officer at IndusInd Bank in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Retail Banking Officer at IndusInd Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Retail Banking Officer 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 5 IndusInd Bank employees in India.

What is the estimated take home salary of a Retail Banking Officer at IndusInd Bank in India?

The estimated take-home salary of a Retail Banking Officer at IndusInd Bank in India typically ranges from ₹19,466 to ₹21,137 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 5 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 Retail Banking Officer in India?

IDFC FIRST Bank	₹2.6 Lakhs to ₹4.0 Lakhs per year
Yes Bank	₹3.0 Lakhs to ₹3.2 Lakhs per year
ICICI Bank	₹2.0 Lakhs to ₹3.6 Lakhs per year
AU Small Finance Bank	₹2.3 Lakhs to ₹3.1 Lakhs per year
Standard Chartered	₹1.9 Lakhs to ₹3.5 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 Retail Banking Officer in companies similar to IndusInd Bank in India?

The salary of a Retail Banking Officer 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	₹1.5 Lakhs to ₹3.5 Lakhs per year
Bank of Maharashtra	₹1.0 Lakhs to ₹1.3 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 Retail Banking Officer at IndusInd Bank in India?

The salary growth for a Retail Banking Officer at IndusInd Bank depends on factors such as experience, performance, and promotions. On average, a Retail Banking Officer can expect the following growth trajectory at IndusInd Bank:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹2.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.9 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹1.2 Lakhs to ₹3.5 Lakhs per year

and so on.

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IndusInd Bank Retail Banking Officer Salaries

IndusInd Bank Retail Banking Officer salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.