IndusInd Bank Senior Manager 1 Salaries by 3 Employees (Updated 2024)

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: 3 Apr 2024

Companies similar to IndusInd Bank for Senior Manager 1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager 1 Salary 6 - 16 years exp. (20 salaries)	₹7.5 L/yr - ₹16.2 L/yr 21% more
ICICI Bank Senior Manager 1 Salary 5 - 15 years exp. (21 salaries)	₹8 L/yr - ₹16 L/yr 21% 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: 3 Apr 2024

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.

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.

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

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for Salary and Benefits

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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.

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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 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.