IndusInd Bank Mumbai SDM Salaries by 10+ Employees (Updated 2025)

0 - 8 years exp.

₹3.1 Lakhs - ₹5.5 Lakhs

Salary of majority employees

26% more than the average SDM Salary in Banking Companies for 0 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading SDM Salary 1 - 7 years exp. (4 salaries)	₹4 L/yr - ₹5.2 L/yr
Customer Success, Service & Operations SDM Salary 0 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹4.5 L/yr
Login to view exact salary
Marketing & Communication SDM Salary 3 - 4 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr

Last Updated: 13 Sep 2024

Companies similar to IndusInd Bank for SDM in Mumbai

IndusInd Bank SDM Salary

0 - 8 years exp. (15 salaries)

₹3.1 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
RBL Bank SDM Salary 10 - 17 years exp. (4 salaries)	₹8 L/yr - ₹10 L/yr 98% more
HDFC Life SDM Salary 0 - 6 years exp. (27 salaries)	₹1.9 L/yr - ₹3.9 L/yr 28% less
Login to view exact salary
Loves Cloud SDM Salary 12 - 17 years exp. (3 salaries)	₹14 L/yr - ₹20 L/yr 300% more

SDM salary at IndusInd Bank ranges between ₹3.1 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 15 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank SDM salaries in Mumbai

Last Updated: 13 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr
1 year (3 salaries)	₹3.2 L/yr - ₹4 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.6 L/yr
4 years (4 salaries)	₹3.1 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.7 L/yr

View all

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(758 salaries)

₹1.7 L/yr - ₹8 L/yr

Chief Manager Salary

(327 salaries)

₹5 L/yr - ₹18 L/yr

Assistant Vice President Salary

(242 salaries)

₹7.5 L/yr - ₹28 L/yr

Service Delivery Manager Salary

(227 salaries)

₹2 L/yr - ₹6 L/yr

Back Office Executive Salary

(155 salaries)

₹1 L/yr - ₹4 L/yr

Associate Vice President Salary

(130 salaries)

₹9 L/yr - ₹28 L/yr

AVP Salary

(96 salaries)

₹9.04 L/yr - ₹25 L/yr

Officer Salary

(91 salaries)

₹1.35 L/yr - ₹4 L/yr

Relationship Officer Salary

(28 salaries)

₹1.7 L/yr - ₹4 L/yr

Salary related reviews for IndusInd Bank

3.3

Rated by 2 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.

Salary - Excellent

+6 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.

Salary - Good

+5 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.

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about IndusInd Bank?

Ask anonymously on communities.

IndusInd Bank SDM Salary FAQs

What is the salary of SDM at IndusInd Bank Mumbai?

SDM salary at IndusInd Bank in Mumbai ranges between ₹3.1 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 26% more than the average SDM Salary in India. Salary estimates are based on 15 latest salaries received from various employees of IndusInd Bank Mumbai.

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

The average salary of a SDM at IndusInd Bank is 26% more than the average salary of a SDM in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a SDM in Mumbai?

Loves Cloud SDM Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
RBL Bank SDM Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year

What is the salary of a SDM in companies similar to IndusInd Bank in Mumbai?

HDFC Life SDM Salary - ₹1.9 Lakhs to ₹3.9 Lakhs per year

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

The estimated take-home salary of a SDM at IndusInd Bank ranges between ₹32,207 per month to ₹33,488 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank SDM salary in India which ranges between ₹3.1 Lakhs to ₹5.5 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 in Mumbai?

According to AmbitionBox, 64% of the IndusInd Bank SDMs in Mumbai reported a notice period of 3 Months, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IndusInd Bank SDM salary in Mumbai ranges between ₹3.1 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 IndusInd Bank latest salaries received from various employees of IndusInd Bank.