IndusInd Bank Bangalore / Bengaluru SDM Salaries by 10 Employees (Updated 2024)

1 - 8 years exp.

₹2.9 Lakhs - ₹5.5 Lakhs

Salary of majority employees

42% less than the average SDM Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations SDM Salary 1 - 5 years exp. (6 salaries)	₹2.9 L/yr - ₹5.5 L/yr
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Finance & Accounting SDM Salary 3 - 8 years exp. (3 salaries)	₹4.1 L/yr - ₹5.4 L/yr

Last Updated: 11 Dec 2024

Companies similar to IndusInd Bank for SDM in Bangalore / Bengaluru

IndusInd Bank SDM Salary

1 - 8 years exp. (10 salaries)

₹2.9 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Life SDM Salary 0 - 6 years exp. (21 salaries)	₹2 L/yr - ₹3.6 L/yr 32% less
Amazon SDM Salary 14 - 22 years exp. (6 salaries)	₹62.5 L/yr - ₹1.3 Cr/yr 2071% more
Login to view exact salary
Tesco SDM Salary 10 - 20 years exp. (4 salaries)	₹73 L/yr - ₹1 Cr/yr 1775% more

SDM salary at IndusInd Bank ranges between ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 10 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank SDM salaries in Bangalore / Bengaluru

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.7 L/yr
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.9 L/yr
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3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.7 L/yr
5 years (3 salaries)	₹1.9 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr

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Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(238 salaries)

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Service Delivery Manager Salary

(164 salaries)

₹2 L/yr - ₹6.2 L/yr

Chief Manager Salary

(129 salaries)

₹6.75 L/yr - ₹17 L/yr

Assistant Vice President Salary

(55 salaries)

₹9.6 L/yr - ₹24 L/yr

Relationship Officer Salary

(30 salaries)

₹2 L/yr - ₹4.3 L/yr

Associate Vice President Salary

(28 salaries)

₹10.35 L/yr - ₹25 L/yr

AVP Salary

(19 salaries)

₹8 L/yr - ₹21 L/yr

Sales Executive Salary

(13 salaries)

₹2 L/yr - ₹4.5 L/yr

Back Office Executive Salary

(8 salaries)

₹2 L/yr - ₹3.5 L/yr

Salary related reviews for IndusInd Bank

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.

Dislikes

Compensation is decent, but growth is slow.

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.

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

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

Service Delivery Manager in Kolkata

Full Time

Finance & Accounting Department

1.0

• posted on 05 Sep 2024

3.0

for Salary and Benefits

Likes

Salary package

Dislikes

There is nothing to like. From on-board to process all are pathetic. The bank itself is struggling to keep its existence in market. From a customer point of view also the bank's service and on line platform are pathetic.

Chief Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing to like about IndusInd bank other then there attractive compensation offering. That is how they will bring you in system and then that money will not help you to survive. Eventually you will choose peace over money.

Dislikes

1) Work Pressure 2) No inputs from organization. 3) You will be left on your own without any leads from bank's side. 4) Video call culture.

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Salary Discussions, Hike & Promotions

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 Bangalore / Bengaluru?

SDM salary at IndusInd Bank in Bangalore / Bengaluru ranges between ₹2.9 Lakhs to ₹5.5 Lakhs for experience between 1 years to 8 years. According to our estimates it is 42% less than the average SDM Salary in India. Salary estimates are based on 10 latest salaries received from various employees of IndusInd Bank Bangalore / Bengaluru.

How does the salary of a SDM at IndusInd Bank Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a SDM at IndusInd Bank is 42% less than the average salary of a SDM in Bangalore / Bengaluru. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a SDM in Bangalore / Bengaluru?

Amazon SDM Salary - ₹62.5 Lakhs to ₹130.0 Lakhs per year
Tesco SDM Salary - ₹73.0 Lakhs to ₹100.0 Lakhs per year

What is the salary of a SDM in companies similar to IndusInd Bank in Bangalore / Bengaluru?

HDFC Life SDM Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year

What is the estimated take home salary of a SDM at IndusInd Bank in Bangalore / Bengaluru?

The estimated take-home salary of a SDM at IndusInd Bank ranges between ₹34,675 per month to ₹35,919 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average IndusInd Bank SDM salary in India which ranges between ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for SDM at IndusInd Bank in Bangalore / Bengaluru?

According to AmbitionBox, 56% of the IndusInd Bank SDMs in Bangalore / Bengaluru reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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IndusInd Bank SDM Salaries in Bangalore / Bengaluru

IndusInd Bank SDM salary in Bangalore / Bengaluru ranges between ₹2.9 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 IndusInd Bank latest salaries received from various employees of IndusInd Bank.