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IndusInd Bank

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3.6

based on 10.4k Reviews

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IndusInd Bank Service Manager salaries in Mumbai

Annual salary range
2 - 7 years exp.
₹3 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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45% less than the average Service Manager Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Service Manager Salary
2 - 6 years exp. (3 salaries)
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₹3 L/yr - ₹5.5 L/yr

BFSI, Investments & Trading
Service Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹5.2 L/yr

Last Updated: 10 Nov 2023

Companies similar to IndusInd Bank for Service Manager in Mumbai

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IndusInd Bank Service Manager Salary

2 - 7 years exp. (7 salaries)

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₹3 L/yr - ₹5.5 L/yr

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HDFC Bank Service Manager Salary

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₹4.5 L/yr - ₹8.5 L/yr

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ICICI Bank Service Manager Salary

2 - 8 years exp. (13 salaries)

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₹3.3 L/yr - ₹10.4 L/yr

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3 job openings
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Axis Bank Service Manager Salary

1 - 10 years exp. (10 salaries)

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₹3.5 L/yr - ₹11.2 L/yr

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Kotak Mahindra Bank Service Manager Salary

1 - 14 years exp. (53 salaries)

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₹2.9 L/yr - ₹12.6 L/yr

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Yes Bank Service Manager Salary

1 - 8 years exp. (13 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 13% more
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RBL Bank Service Manager Salary

6 - 12 years exp. (5 salaries)

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₹5.5 L/yr - ₹9.1 L/yr

arrow icon 37% more
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IDFC FIRST Bank Service Manager Salary

3 - 9 years exp. (5 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 16% more
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Standard Chartered Service Manager Salary

4 - 14 years exp. (19 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 73% more
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Deutsche Bank Service Manager Salary

4 - 11 years exp. (10 salaries)

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₹5.9 L/yr - ₹10.9 L/yr

arrow icon 123% more
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AU Small Finance Bank Service Manager Salary

0 - 10 years exp. (9 salaries)

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₹3.5 L/yr - ₹10 L/yr

arrow icon 25% more
Service Manager salary at IndusInd Bank ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 7 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Service Manager in Mumbai

1y ago
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6 years exp.
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7 years exp.
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7 years exp.
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2 years exp.
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3 years exp.
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7 years exp.

Experience wise IndusInd Bank Service Manager salaries in Mumbai

Last Updated: 10 Nov 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.5 L/yr
View all

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(754 salaries)
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₹1.7 L/yr - ₹8.05 L/yr
Sales Manager Salary
(47 salaries)
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₹2.5 L/yr - ₹11.55 L/yr
Area Manager Salary
(5 salaries)
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₹12.3 L/yr - ₹19.51 L/yr

Top skills at IndusInd Bank for Service Manager

Customer Management Insurance Data Analytics Operations Service management Branch Sales Regional Sales Regional Sales Branch Sales Data Analytics Customer Management Service Management Operations Insurance

Salary related reviews for IndusInd Bank

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

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.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Sep 2024

2.0
 for  Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

read more

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.

read more

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.

read more
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IndusInd Bank Service Manager Salary FAQs

What is the salary of Service Manager at IndusInd Bank Mumbai?
Service Manager salary at IndusInd Bank in Mumbai ranges between ₹3.0 Lakhs to ₹5.5 Lakhs for experience between 2 years to 7 years. According to our estimates it is 45% less than the average Service Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of IndusInd Bank Mumbai.
How does the salary of a Service Manager at IndusInd Bank Mumbai compare with the average salary range for this job?
The average salary of a Service Manager at IndusInd Bank is 45% less than the average salary of a Service Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Service Manager at IndusInd Bank?
Customer Management, Insurance, Data Analytics, Operations and Service management are some of the popular skills required to work as a Service Manager at IndusInd Bank Mumbai.
Which similar companies are paying more than IndusInd Bank to a Service Manager in Mumbai?
  • Deutsche Bank Service Manager Salary - ₹5.9 Lakhs to ₹10.9 Lakhs per year
  • Standard Chartered Service Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
  • Kotak Mahindra Bank Service Manager Salary - ₹2.9 Lakhs to ₹12.6 Lakhs per year
  • Axis Bank Service Manager Salary - ₹3.5 Lakhs to ₹11.2 Lakhs per year
  • RBL Bank Service Manager Salary - ₹5.5 Lakhs to ₹9.1 Lakhs per year
What is the salary of a Service Manager in companies similar to IndusInd Bank in Mumbai?
  • HDFC Bank Service Manager Salary - ₹4.5 Lakhs to ₹8.5 Lakhs per year
  • ICICI Bank Service Manager Salary - ₹3.3 Lakhs to ₹10.4 Lakhs per year
  • AU Small Finance Bank Service Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
  • IDFC FIRST Bank Service Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
  • Yes Bank Service Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
What is the estimated take home salary of a Service Manager at IndusInd Bank in Mumbai?
The estimated take-home salary of a Service Manager at IndusInd Bank ranges between ₹32,051 per month to ₹33,334 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank Service Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Service Manager at IndusInd Bank in Mumbai?
According to AmbitionBox, 60% of the IndusInd Bank Service Managers in Mumbai reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IndusInd Bank Service Manager salary in Mumbai ranges between ₹3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 IndusInd Bank latest salaries received from various employees of IndusInd Bank.