IndusInd Bank Senior Manager 2 Salaries by 5 Employees (Updated 2025)

5 - 10 years exp.

₹8.2 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Senior Manager 2 Salary in Banking Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager 2 Salary 5 - 9 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹15 L/yr
Finance & Accounting Senior Manager 2 Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹16 L/yr
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Product Management Senior Manager 2 Salary 10 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 14 Mar 2025

Companies similar to IndusInd Bank for Senior Manager 2

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager 2 Salary 2 - 21 years exp. (15 salaries)	₹5.8 L/yr - ₹16.9 L/yr 19% less
ICICI Bank Senior Manager 2 Salary 6 - 17 years exp. (70 salaries)	₹10 L/yr - ₹21.5 L/yr 2% less
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Axis Bank Senior Manager 2 Salary 8 - 18 years exp. (15 salaries)	₹11 L/yr - ₹16 L/yr 6% less
Kotak Mahindra Bank Senior Manager 2 Salary 6 - 13 years exp. (13 salaries)	₹7 L/yr - ₹15.5 L/yr 25% less
Yes Bank Senior Manager 2 Salary 9 - 13 years exp. (6 salaries)	₹8.9 L/yr - ₹12.5 L/yr 32% less
IDFC FIRST Bank Senior Manager 2 Salary 8 - 11 years exp. (4 salaries)	₹9 L/yr - ₹14.3 L/yr 7% less
Bandhan Bank Senior Manager 2 Salary 11 - 14 years exp. (3 salaries)	₹8.5 L/yr - ₹17 L/yr 20% less
DCB Bank Senior Manager 2 Salary 10 - 21 years exp. (4 salaries)	₹13 L/yr - ₹15 L/yr 3% less
Standard Chartered Senior Manager 2 Salary 14 - 17 years exp. (3 salaries)	₹12.8 L/yr - ₹23.1 L/yr 10% more
AU Small Finance Bank Senior Manager 2 Salary 8 - 13 years exp. (3 salaries)	₹10 L/yr - ₹20 L/yr 8% less

Senior Manager 2 salary at IndusInd Bank ranges between ₹8.2 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Senior Manager 2 salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr
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7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
9 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹15 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹20 L/yr

View all

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Salary related reviews for IndusInd Bank

1.0

Rated by 1 employees for salary & benefits

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

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

The Salary is good and nothing else.

Dislikes

The work culture is very bad, especially the reporting managers are just toxic people. They demoralise you rather than influence and inspire. The bank is fond of one thing and that is money. I was in ARD and trust me when I say that they treat you like some commodity which can be used and used only. And you can be assured that at the end end of the day whether your mental health is good or bad they don't care and they won't be bothered by your sad situation. Moreover they do nothing, so that your mental health can improve. You are put under extreme demands and unimaginable pressure both mentally and physically for every day. My opinion is don't join there as the internal workings of the bank is just next to a slum.

Skill development - Poor

+4 more

Deputy Manager in Sapror

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Jan 2024

2.0

for Salary and Benefits

Likes

Salary on time

Dislikes

No support from subordinate Too much sales pressure Slow system issue Too many layers for talking to high authority No celebration any festival In jfm months satuday holiday they will invite for , complete the targets.

Salary - Poor

+4 more

Deputy Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Jun 2023

2.0

for Salary and Benefits

Likes

there is nothing to like north(uttar pradesh) culture of Indusind bank while in other state its good to work with indusind

Dislikes

salary structure , promotion and increament culture if you work with indusind salary growth is 2% in a year ie. if you join on 10000/- salary after 10 year you will reach 15-17 thousand while your grade will increase as CM,AVP,AVP1 also after leave the job if you want to join other bank you are unable to give proper reason why your salary is low

Salary - Poor

+4 more

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IndusInd Bank Senior Manager 2 Salary FAQs

What is the salary of Senior Manager 2 at IndusInd Bank ?

The average salary of a Senior Manager 2 at IndusInd Bank in India typically ranges from ₹8.2 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Senior Manager 2 at IndusInd Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Senior Manager 2 Salaries at IndusInd Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 IndusInd Bank employees in India.

What is the estimated take home salary of a Senior Manager 2 at IndusInd Bank in India?

The estimated take-home salary of a Senior Manager 2 at IndusInd Bank in India typically ranges from ₹1,01,982 to ₹1,04,768 per month. This is based on the average salary range of ₹8.2 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 5 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IndusInd Bank for Senior Manager 2 in India?

Standard Chartered

₹12.8 Lakhs to ₹23.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IndusInd Bank, depending on the role and experience level.

What is the salary of a Senior Manager 2 in companies similar to IndusInd Bank in India?

The salary of a Senior Manager 2 at companies similar to IndusInd Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹10.0 Lakhs to ₹21.5 Lakhs per year
DCB Bank	₹13.0 Lakhs to ₹15.0 Lakhs per year
Axis Bank	₹11.0 Lakhs to ₹16.0 Lakhs per year
IDFC FIRST Bank	₹9.0 Lakhs to ₹14.3 Lakhs per year
AU Small Finance Bank	₹10.0 Lakhs to ₹20.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Manager 2 at IndusInd Bank in India?

The salary growth for a Senior Manager 2 at IndusInd Bank depends on factors such as experience, performance, and promotions. On average, a Senior Manager 2 can expect the following growth trajectory at IndusInd Bank:

Experience	Average Salary Range
5 years	₹5.7 Lakhs to ₹15.0 Lakhs per year
6 years	₹13.0 Lakhs to ₹16.7 Lakhs per year
7 years	₹5.9 Lakhs to ₹16.0 Lakhs per year
8 years	₹13.3 Lakhs to ₹17.0 Lakhs per year

and so on.

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IndusInd Bank Senior Manager 2 Salaries

IndusInd Bank Senior Manager 2 salary in India ranges between ₹8.2 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.