IndusInd Bank S.R.M Salaries by 5 Employees

8 - 14 years exp.

₹9.5 Lakhs - ₹13.5 Lakhs

Low Confidence

Salary of majority employees

173% more than the average S.R.M Salary in Banking Companies for 8 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading S.R.M Salary 8 - 11 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹13.5 L/yr
Product Management S.R.M Salary 14 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Sales & Business Development S.R.M Salary 10 years exp. (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.3 L/yr

Last Updated: 3 Feb 2024

Companies similar to IndusInd Bank for S.R.M

Company name	Avg Annual Salary	Open Jobs
Axis Bank S.R.M Salary 1 - 12 years exp. (7 salaries)	₹2.9 L/yr - ₹17.9 L/yr 11% less
ICICI Bank S.R.M Salary 0 - 5 years exp. (4 salaries)	₹3.3 L/yr - ₹7.5 L/yr 53% less
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Bank of Baroda S.R.M Salary 5 - 13 years exp. (4 salaries)	₹5.6 L/yr - ₹9.7 L/yr 32% less
PNB MetLife S.R.M Salary 2 - 8 years exp. (29 salaries)	₹2.6 L/yr - ₹5.5 L/yr 59% less
Piramal Capital Housing Finance S.R.M Salary 2 - 8 years exp. (22 salaries)	₹2.8 L/yr - ₹3.6 L/yr 71% less

S.R.M salary at IndusInd Bank ranges between ₹9.5 Lakhs to ₹13.5 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank S.R.M salaries

Last Updated: 3 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13.5 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹14 L/yr
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10 years (AmbitionBox Estimate)	₹10 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹19.8 L/yr
12 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
14 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹10 L/yr

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Salary related reviews for IndusInd Bank

4.0

Rated by 1 employees for salary & benefits

Emerging Corporate Business Development Manager in Kolkata

Full Time

Other Department

3.0

• posted on 17 Mar 2025

3.0

for Salary and Benefits

Likes

When r u selected for company then salary hike is very good Continum is best policy for this bank .

Dislikes

Not proper training . Work culture is very bad Huge pressure and if unable to deliver then use own fund . Leaking leg upper management by Bm nd ASM for there won't job security and appraisal.

Skill development - Bad

+5 more

Deputy Manager Grade 2 in Chennai

Full Time

Legal & Regulatory Department

3.0

• posted on 10 Feb 2025

2.0

for Salary and Benefits

Likes

Some managers are nice, Saturdays are off Flexible timings Work life balance is fine. Job security if u work really well.

Job security - Good

+2 more

Dislikes

No Salary hike. Even house help can get more hike than here promotion Skill development Managers can be annoying They will dump more work on person who works efficiently others can enjoy with no work and salary. Salary increment very poor even for the person gets amazing Performance ratings. No promotion also.

Salary - Poor

+2 more

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

Senior Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Jan 2025

4.0

for Salary and Benefits

Likes

Pathetic work experience, u will end up finding yourself as a telecaller. Yes u will get a good salary, but it will be on the cost of deteriorating your whole career. U won't get any value in the other banks, because all others know the bad quality of books, credit card telecalling, etc.

Salary - Good

Dislikes

Mentioned above

Skill development - Bad

+4 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

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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 S.R.M Salary FAQs

What is the salary of S.R.M at IndusInd Bank ?

The average salary of a S.R.M at IndusInd Bank in India typically ranges from ₹9.5 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of S.R.M at IndusInd Bank earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. S.R.M 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 S.R.M at IndusInd Bank in India?

The estimated take-home salary of a S.R.M at IndusInd Bank in India typically ranges from ₹78,983 to ₹81,037 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 8 years to 14 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.

What is the salary of a S.R.M in companies similar to IndusInd Bank in India?

The salary of a S.R.M 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	₹2.9 Lakhs to ₹17.9 Lakhs per year
Bank of Baroda	₹5.6 Lakhs to ₹9.7 Lakhs per year
ICICI Bank	₹3.3 Lakhs to ₹7.5 Lakhs per year
PNB MetLife	₹2.6 Lakhs to ₹5.5 Lakhs per year
Piramal Capital Housing Finance	₹2.8 Lakhs to ₹3.6 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 S.R.M at IndusInd Bank in India?

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

Experience	Average Salary Range
8 years	₹5.1 Lakhs to ₹13.5 Lakhs per year
9 years	₹11.0 Lakhs to ₹14.0 Lakhs per year
10 years	₹10.0 Lakhs to ₹13.0 Lakhs per year
11 years	₹9.5 Lakhs to ₹19.8 Lakhs per year

and so on.

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IndusInd Bank S.R.M Salaries

IndusInd Bank S.R.M salary in India ranges between ₹9.5 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.