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IndusInd Bank

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3.6

based on 10.2k Reviews

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IndusInd Bank SDM salaries in India

Annual salary range
0 - 8 years exp.
₹2.2 Lakhs - ₹6 Lakhs
Salary of majority employees
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52% less than the average SDM Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
SDM Salary
0 - 8 years exp. (66 salaries)
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₹2.9 L/yr - ₹6 L/yr

BFSI, Investments & Trading
SDM Salary
0 - 8 years exp. (39 salaries)
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₹2.3 L/yr - ₹5.5 L/yr

Finance & Accounting
SDM Salary
0 - 8 years exp. (16 salaries)
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₹3 L/yr - ₹5.7 L/yr

Sales & Business Development
SDM Salary
1 - 6 years exp. (6 salaries)
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₹3.5 L/yr - ₹6 L/yr

Marketing & Communication
SDM Salary
2 - 4 years exp. (5 salaries)
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₹3.1 L/yr - ₹4.9 L/yr

Last Updated: 18 Dec 2024

Companies similar to IndusInd Bank for SDM

Company name Avg Annual Salary Open Jobs
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HDFC Bank SDM Salary

0 - 7 years exp. (16 salaries)
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₹1.8 L/yr - ₹4 L/yr

arrow icon 42% less
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RBL Bank SDM Salary

4 - 15 years exp. (12 salaries)
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₹4.5 L/yr - ₹10 L/yr

arrow icon 51% more
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HDFC Life SDM Salary

0 - 6 years exp. (266 salaries)
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₹1.8 L/yr - ₹4 L/yr

arrow icon 30% less
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Amazon SDM Salary

8 - 22 years exp. (46 salaries)
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₹40 L/yr - ₹1.3 Cr/yr

arrow icon 2018% more
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Cognizant SDM Salary

11 - 19 years exp. (18 salaries)
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₹14 L/yr - ₹26 L/yr

arrow icon 380% more
SDM salary at IndusInd Bank ranges between ₹2.2 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 172 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank SDM

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8 years exp.
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Experience wise IndusInd Bank SDM salaries

Last Updated: 18 Dec 2024

Experience Avg Annual Salary
Fresher  (14 salaries)

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₹3 L/yr - ₹5.1 L/yr
1 year  (22 salaries)

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₹2.2 L/yr - ₹4.7 L/yr
2 years  (33 salaries)

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₹2.3 L/yr - ₹5.4 L/yr
3 years  (31 salaries)

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₹2.9 L/yr - ₹5.7 L/yr
4 years  (27 salaries)

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₹2.9 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(3.7k salaries)
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₹1.7 L/yr - ₹8.13 L/yr
Service Delivery Manager Salary
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₹1.75 L/yr - ₹6.35 L/yr
Chief Manager Salary
(1.5k salaries)
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₹6 L/yr - ₹18 L/yr
Assistant Vice President Salary
(769 salaries)
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₹6.5 L/yr - ₹28 L/yr
Relationship Officer Salary
(544 salaries)
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₹1.05 L/yr - ₹4.6 L/yr
Associate Vice President Salary
(386 salaries)
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₹8.5 L/yr - ₹28.5 L/yr
Back Office Executive Salary
(289 salaries)
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₹1 L/yr - ₹3.6 L/yr
AVP Salary
(265 salaries)
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₹7.9 L/yr - ₹25 L/yr
Sales Executive Salary
(260 salaries)
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₹1 L/yr - ₹5 L/yr
Business Development Executive Salary
(214 salaries)
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₹1.35 L/yr - ₹3.5 L/yr

Salary related reviews for IndusInd Bank

4.0

Rated by 24 employees for salary & benefits

SDM in Vadodara

BFSI, Investments & Trading Department

5.0
  •  posted on 08 Mar 2018
5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the tact that I am a part of a team that markets reliable, high-quality products and has a global client base.

read more

Dislikes

Compensation is decent, but growth is slow.

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.

read more

Dislikes

Salary and Appraisal.

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.

read 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

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

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.

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1w
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 SDM Salary FAQs

What is the salary of SDM at IndusInd Bank?
SDM salary at IndusInd Bank in India ranges between ₹2.2 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 52% less than the average SDM Salary in India. Salary estimates are based on 172 latest salaries received from various employees of IndusInd Bank India.
How does the salary of a SDM at IndusInd Bank India compare with the average salary range for this job?
The average salary of a SDM at IndusInd Bank is 52% less than the average salary of a SDM in India. To know exact salary insights, login to view.
Which similar companies are paying more than IndusInd Bank to a SDM in India?
  • Amazon SDM Salary - ₹40.0 Lakhs to ₹130.0 Lakhs per year
  • Cognizant SDM Salary - ₹14.0 Lakhs to ₹26.0 Lakhs per year
  • RBL Bank SDM Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
What is the salary of a SDM in companies similar to IndusInd Bank in India?
  • HDFC Life SDM Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
  • HDFC Bank SDM Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a SDM at IndusInd Bank in India?
The estimated take-home salary of a SDM at IndusInd Bank ranges between ₹33,338 per month to ₹34,602 per month in India. The take-home salary calculation is based on the average IndusInd Bank SDM salary in India which ranges between ₹2.2 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for SDM at IndusInd Bank?
According to AmbitionBox, 52% of the IndusInd Bank SDMs reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 163 responses on AmbitionBox in last 2 years.

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IndusInd Bank SDM Salaries by Location

IndusInd Bank SDM salary in India ranges between ₹2.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 172 IndusInd Bank latest salaries received from various employees of IndusInd Bank.