IndusInd Bank Senior Vice President Operations Salaries by 4 Employees (Updated 2025)

13 - 21 years exp.

₹35 Lakhs - ₹65 Lakhs

Low Confidence

Salary of majority employees

Fixed (95%)

₹40.7 Lakhs

Variable (5%)

₹2.3 Lakhs

34% less than the average Senior Vice President Operations Salary in Banking Companies for 13 - 21 years of experience

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Last Updated: 24 Jan 2025

Companies similar to IndusInd Bank for Senior Vice President Operations

Company name	Avg Annual Salary	Open Jobs
Yes Bank Senior Vice President Operations Salary 17 - 20 years exp. (4 salaries)	₹21 L/yr - ₹26 L/yr 41% less
AU Small Finance Bank Senior Vice President Operations Salary 17 - 25 years exp. (4 salaries)	₹32 L/yr - ₹90 L/yr 47% more
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Bank of America Senior Vice President Operations Salary 20 - 25 years exp. (4 salaries)	₹94.8 L/yr - ₹1.1 Cr/yr 144% more
Axis Bank Senior Vice President Operations Salary 6 - 21 years exp. (4 salaries)	₹60.2 L/yr - ₹80 L/yr 63% more
IDFC FIRST Bank Senior Vice President Operations Salary 14 - 21 years exp. (3 salaries)	₹55 L/yr - ₹70 L/yr 44% more

Senior Vice President Operations salary at IndusInd Bank ranges between ₹35 Lakhs to ₹65 Lakhs per year for employees with experience between 13 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Senior Vice President Operations salaries

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹61.8 L/yr - ₹68.3 L/yr
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15+ years (3 salaries)	₹35 L/yr - ₹36 L/yr

Similar Designation salaries in IndusInd Bank

Vice President Operations Salary

(6 salaries)

₹33 L/yr - ₹45 L/yr

Assistant Vice President Operations Salary

(27 salaries)

₹9 L/yr - ₹19.74 L/yr

Senior Vice President Salary

(98 salaries)

₹25 L/yr - ₹81.8 L/yr

General Manager Operations Salary

(5 salaries)

₹2.23 L/yr - ₹12 L/yr

Head Operations Salary

(8 salaries)

₹3.6 L/yr - ₹12.48 L/yr

Associate Vice President Salary

(328 salaries)

₹9 L/yr - ₹30 L/yr

Senior Operations Manager Salary

(23 salaries)

₹4.6 L/yr - ₹14.3 L/yr

Assistant Vice President Salary

(746 salaries)

₹7.5 L/yr - ₹25 L/yr

Store Manager Salary

(4 salaries)

₹3.5 L/yr - ₹13 L/yr

Operations Executive Salary

(122 salaries)

₹1.5 L/yr - ₹4.75 L/yr

Salary related reviews for IndusInd Bank

Deputy Manager in Chennai

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.

Skill development - Bad

+5 more

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

Deputy Branch Manager in Jamshedpur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Jan 2024

3.0

for Salary and Benefits

Likes

Employee treated as machine and salary is not defined as per role or designation. A big difference of salary in same role employee.

Dislikes

Salary is not defined as per role or designation. A big difference of salary between the same same designation employee.

Promotions - Poor

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IndusInd Bank Senior Vice President Operations Salary FAQs

What is the salary of Senior Vice President Operations at IndusInd Bank ?

The average salary of a Senior Vice President Operations at IndusInd Bank in India typically ranges from ₹35.0 Lakhs to ₹65.0 Lakhs per year, depending on experience (from 13 years to 21 years).

The top 10% of Senior Vice President Operations at IndusInd Bank earn more than ₹65.0 Lakhs per year, and the top 1% earn over ₹65.0 Lakhs per year. Senior Vice President Operations 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 4 IndusInd Bank employees in India.

What is the estimated take home salary of a Senior Vice President Operations at IndusInd Bank in India?

The estimated take-home salary of a Senior Vice President Operations at IndusInd Bank in India typically ranges from ₹2,54,380 to ₹2,64,744 per month. This is based on the average salary range of ₹35.0 Lakhs to ₹65.0 Lakhs per year for employees with experience ranging from 13 years to 21 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 4 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 Vice President Operations in India?

Bank of America	₹94.8 Lakhs to ₹110.0 Lakhs per year
Axis Bank	₹60.2 Lakhs to ₹80.0 Lakhs per year
AU Small Finance Bank	₹32.0 Lakhs to ₹90.0 Lakhs per year
IDFC FIRST Bank	₹55.0 Lakhs to ₹70.0 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 Vice President Operations in companies similar to IndusInd Bank in India?

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

Yes Bank

₹21.0 Lakhs to ₹26.0 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 Vice President Operations at IndusInd Bank in India?

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

Experience	Average Salary Range
13 years	₹61.8 Lakhs to ₹68.3 Lakhs per year
15 years	₹35.0 Lakhs to ₹36.0 Lakhs per year

and so on.

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IndusInd Bank Senior Vice President Operations Salaries

IndusInd Bank Senior Vice President Operations salary in India ranges between ₹35 Lakhs to ₹65 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.