IndusInd Bank Senior Manager 1 Salaries by 3 Employees (Updated 2025)

6 - 13 years exp.

₹6.3 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

58% less than the average Senior Manager 1 Salary in Banking Companies for 6 - 13 years of experience

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Salaries in different departments

Legal & Regulatory Senior Manager 1 Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.9 L/yr
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Data Science & Analytics Senior Manager 1 Salary 6 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr

Last Updated: 9 Jan 2025

Companies similar to IndusInd Bank for Senior Manager 1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager 1 Salary 7 - 19 years exp. (22 salaries)	₹7.5 L/yr - ₹16.2 L/yr 16% more
ICICI Bank Senior Manager 1 Salary 5 - 15 years exp. (21 salaries)	₹8 L/yr - ₹16 L/yr 17% more
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Axis Bank Senior Manager 1 Salary 2 - 20 years exp. (16 salaries)	₹7 L/yr - ₹17.1 L/yr 25% more
Kotak Mahindra Bank Senior Manager 1 Salary 8 - 11 years exp. (4 salaries)	₹6.8 L/yr - ₹9 L/yr 10% less
Yes Bank Senior Manager 1 Salary 7 - 11 years exp. (5 salaries)	₹9 L/yr - ₹12.4 L/yr 10% more
IDFC FIRST Bank Senior Manager 1 Salary 8 - 11 years exp. (7 salaries)	₹9.3 L/yr - ₹12 L/yr 23% more
Jana Small Finance Bank Senior Manager 1 Salary 5 - 9 years exp. (4 salaries)	₹6.5 L/yr - ₹9 L/yr 12% less
AU Small Finance Bank Senior Manager 1 Salary 9 - 12 years exp. (4 salaries)	₹7.1 L/yr - ₹9.3 L/yr 15% less
Central Bank of India Senior Manager 1 Salary 10 - 31 years exp. (3 salaries)	₹5 L/yr - ₹14 L/yr 20% more

Senior Manager 1 salary at IndusInd Bank ranges between ₹6.3 Lakhs to ₹15 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Senior Manager 1 salaries

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
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13 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr

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Salary related reviews for IndusInd Bank

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

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

Salary - Good

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

Skill development - Bad

+4 more

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.

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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IndusInd Bank Senior Manager 1 Salary FAQs

What is the notice period for Senior Manager 1 at IndusInd Bank?

According to AmbitionBox, 100% of the IndusInd Bank Senior Manager 1s reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IndusInd Bank Senior Manager 1 Salaries

IndusInd Bank Senior Manager 1 salary in India ranges between ₹6.3 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.