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IndusInd Bank Senior Manager salaries in Mumbai (Updated 2025)

Annual salary range
6 - 17 years exp.
₹5.3 Lakhs - ₹20 Lakhs
Salary of majority employees
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42% less than the average Senior Manager Salary in Banking Companies for 6 - 17 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
6 - 17 years exp. (48 salaries)
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₹5.5 L/yr - ₹20 L/yr

Finance & Accounting
Senior Manager Salary
6 - 17 years exp. (18 salaries)
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₹9 L/yr - ₹16.5 L/yr

Customer Success, Service & Operations
Senior Manager Salary
6 - 17 years exp. (17 salaries)
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₹5.3 L/yr - ₹15.5 L/yr

Sales & Business Development
Senior Manager Salary
6 - 16 years exp. (15 salaries)
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₹8.5 L/yr - ₹18.7 L/yr

IT & Information Security
Senior Manager Salary
8 - 15 years exp. (8 salaries)
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₹12.5 L/yr - ₹17.1 L/yr

View all

Last Updated: 19 Mar 2025

Companies similar to IndusInd Bank for Senior Manager in Mumbai

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IndusInd Bank Senior Manager Salary

6 - 17 years exp. (148 salaries)

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₹5.3 L/yr - ₹20 L/yr

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Axis Bank Senior Manager Salary

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₹7 L/yr - ₹26.5 L/yr

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Bank of Baroda Senior Manager Salary

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₹11.8 L/yr - ₹33 L/yr

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AU Small Finance Bank Senior Manager Salary

4 - 18 years exp. (89 salaries)

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₹6.3 L/yr - ₹21 L/yr

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Bank of America Senior Manager Salary

7 - 17 years exp. (77 salaries)

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₹20 L/yr - ₹45 L/yr

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Standard Chartered Senior Manager Salary

7 - 17 years exp. (51 salaries)

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₹9 L/yr - ₹36.8 L/yr

arrow icon 77% more
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Federal Bank Senior Manager Salary

6 - 15 years exp. (46 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 84% more
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Deutsche Bank Senior Manager Salary

9 - 17 years exp. (27 salaries)

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₹10 L/yr - ₹23.3 L/yr

arrow icon 44% more
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Central Bank of India Senior Manager Salary

7 - 14 years exp. (22 salaries)

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₹12.1 L/yr - ₹25 L/yr

arrow icon 67% more
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Bank of Maharashtra Senior Manager Salary

8 - 13 years exp. (16 salaries)

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₹10 L/yr - ₹28 L/yr

arrow icon 78% more
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Jana Small Finance Bank Senior Manager Salary

6 - 17 years exp. (16 salaries)

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₹4.9 L/yr - ₹12 L/yr

arrow icon 19% less
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Indian Bank Senior Manager Salary

6 - 14 years exp. (14 salaries)

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₹12 L/yr - ₹27 L/yr

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UCO Bank Senior Manager Salary

9 - 13 years exp. (13 salaries)

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₹16 L/yr - ₹30 L/yr

arrow icon 72% more
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NatWest Group Senior Manager Salary

15 - 17 years exp. (8 salaries)

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₹13 L/yr - ₹33 L/yr

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Allahabad Bank Senior Manager Salary

9 - 16 years exp. (6 salaries)

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₹11.5 L/yr - ₹30 L/yr

arrow icon 41% more
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₹5.4 L/yr - ₹13 L/yr

arrow icon 21% less
Senior Manager salary at IndusInd Bank ranges between ₹5.3 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 148 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Senior Manager in Mumbai

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14 years exp.
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17 years exp.
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16 years exp.
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10 years exp.
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8 years exp.
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10 years exp.
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13 years exp.
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9 years exp.
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12 years exp.

Experience wise IndusInd Bank Senior Manager salaries in Mumbai

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
6 years  (5 salaries)

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₹8.8 L/yr - ₹16.5 L/yr
7 years  (6 salaries)

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₹7.5 L/yr - ₹12 L/yr
8 years  (13 salaries)

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₹7.8 L/yr - ₹16.5 L/yr
9 years  (11 salaries)

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₹5.3 L/yr - ₹17 L/yr
10 years  (26 salaries)

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₹6.8 L/yr - ₹17.5 L/yr
View all
IndusInd Bank Senior Manager Salary and Career Growth

From

To

Senior Manager

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6 - 18 years exp.

Vice President

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11 - 22 years exp.

Senior Manager

6 - 18 years exp.
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Assistant Vice President

6 - 21 years exp.
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arrow icon 33% hike

Deputy Vice President

8 - 22 years exp.
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arrow icon 67% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(750 salaries)
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₹1.7 L/yr - ₹8 L/yr
Branch Manager Salary
(81 salaries)
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₹7.65 L/yr - ₹24.94 L/yr
Sales Manager Salary
(53 salaries)
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₹2.4 L/yr - ₹11.24 L/yr
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₹4 L/yr - ₹12 L/yr
Area Manager Salary
(7 salaries)
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₹13.44 L/yr - ₹20.51 L/yr
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₹8.5 L/yr - ₹12.2 L/yr
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₹6.7 L/yr - ₹18 L/yr

Top skills at IndusInd Bank for Senior Manager

Risk Management Senior Management Predictive Modeling Statistical Modeling Clinical SAS Programming

Salary related reviews for IndusInd Bank

2.5

Rated by 14 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 24 Jan 2025

4.0
 for  Salary and Benefits

Likes

Pathetic work experience, u will end up finding yourself as a telecaller. Yes u will get a good salary, but it will be on the cost of deteriorating your whole career. U won't get any value in the other banks, because all others know the bad quality of books, credit card telecalling, etc.

read more
  • Salary - Good

Dislikes

Mentioned above

  • Skill development - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 28 Jan 2025

5.0
 for  Salary and Benefits

Likes

On time salary

  • Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 22 Jan 2025

1.0
 for  Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

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Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

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  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 03 Jan 2025

2.0
 for  Salary and Benefits

Likes

Only thing i like salary on 25 of every month nothing else

Dislikes

No proper support from managers branch managers are dangerous towards employee favourite employe get good support . Not treat equally . No proper hr support . Manager use their power to spoil employee life. Unrealistic target . This is not bank these are insurance company. They only focus on insurance. No proper training. No proper support . Second thing if u have do pr die situation then join Indusind bank other wise explore your self and search other opportunities. Hr not received your call . Hr will also not understand your problem even you share medical thereafter they will not relieve you . Hr is only for name and position. Huge politics . If you hard worker employee and source good business then managers will map your clients to his favourite employee. They will treat you like you are slave. (Convulsion) Pls don’t join until and unless you have do or die situation either join for 1 or 6 months after resigned )

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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IndusInd Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at IndusInd Bank in Mumbai?
The average salary of a Senior Manager at IndusInd Bank in Mumbai typically ranges from ₹5.3 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of Senior Manager in Mumbai at IndusInd Bank earn more than ₹16.5 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Senior Manager 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 100+ IndusInd Bank employees in India.
What is the estimated take home salary of a Senior Manager at IndusInd Bank in Mumbai?
The estimated take-home salary of a Senior Manager at IndusInd Bank in Mumbai typically ranges from ₹89,028 to ₹91,366 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 6 years to 17 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 100+ salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Senior Manager at IndusInd Bank in Mumbai?
To be a Senior Manager at IndusInd Bank in Mumbai, the key skills required include:

  • - Risk Management
  • - Senior Management
  • - Predictive Modeling
  • - Statistical Modeling
  • - Clinical SAS Programming

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than IndusInd Bank for Senior Manager in India?
Bank of America ₹20.0 Lakhs to ₹45.0 Lakhs per year
Bank of Baroda ₹11.8 Lakhs to ₹33.0 Lakhs per year
Federal Bank ₹12.0 Lakhs to ₹30.0 Lakhs per year
NatWest Group ₹13.0 Lakhs to ₹33.0 Lakhs per year
Bank of Maharashtra ₹10.0 Lakhs to ₹28.0 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 in companies similar to IndusInd Bank in Mumbai?
The salary of a Senior Manager at companies similar to IndusInd Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered ₹9.0 Lakhs to ₹36.8 Lakhs per year
Indian Bank ₹12.0 Lakhs to ₹27.0 Lakhs per year
UCO Bank ₹16.0 Lakhs to ₹30.0 Lakhs per year
Central Bank of India ₹12.1 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank ₹10.0 Lakhs to ₹23.3 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 at IndusInd Bank in Mumbai?
The salary growth for a Senior Manager at IndusInd Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Mumbai can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
6 years ₹8.8 Lakhs to ₹16.5 Lakhs per year
7 years ₹7.5 Lakhs to ₹12.0 Lakhs per year
8 years ₹7.8 Lakhs to ₹16.5 Lakhs per year
9 years ₹5.3 Lakhs to ₹17.0 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank Senior Manager salary in Mumbai ranges between ₹5.3 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 148 IndusInd Bank latest salaries received from various employees of IndusInd Bank.