IndusInd Bank Mumbai Service Relationship Manager Salaries by 10+ Employees (Updated 2024)

0 - 11 years exp.

₹3.8 Lakhs - ₹6.8 Lakhs

Salary of majority employees

14% less than the average Service Relationship Manager Salary in Banking Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Service Relationship Manager Salary 3 - 11 years exp. (10 salaries)	₹3.8 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Service Relationship Manager Salary 0 - 11 years exp. (5 salaries)	₹4.7 L/yr - ₹6.8 L/yr

Last Updated: 6 Dec 2024

Companies similar to IndusInd Bank for Service Relationship Manager in Mumbai

IndusInd Bank Service Relationship Manager Salary

0 - 11 years exp. (18 salaries)

₹3.8 L/yr - ₹6.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Service Relationship Manager Salary 0 - 9 years exp. (30 salaries)	₹2 L/yr - ₹9 L/yr 16% less
ICICI Bank Service Relationship Manager Salary 1 - 11 years exp. (29 salaries)	₹2.5 L/yr - ₹11.5 L/yr 21% more
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Axis Bank Service Relationship Manager Salary 1 - 10 years exp. (22 salaries)	₹3 L/yr - ₹8.5 L/yr 12% more	3 job openings
Kotak Mahindra Bank Service Relationship Manager Salary 1 - 10 years exp. (25 salaries)	₹2.4 L/yr - ₹9.1 L/yr 7% more
Yes Bank Service Relationship Manager Salary 3 - 10 years exp. (9 salaries)	₹4.3 L/yr - ₹9 L/yr 16% more	1 job opening
Standard Chartered Service Relationship Manager Salary 7 - 18 years exp. (3 salaries)	₹5.7 L/yr - ₹9 L/yr 46% more
Citibank Service Relationship Manager Salary 1 - 12 years exp. (16 salaries)	₹5.1 L/yr - ₹12.7 L/yr 48% more
IDFC FIRST Bank Service Relationship Manager Salary 0 - 7 years exp. (3 salaries)	₹6.2 L/yr - ₹6.7 L/yr 22% more

Service Relationship Manager salary at IndusInd Bank ranges between ₹3.8 Lakhs to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 18 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Service Relationship Manager salaries in Mumbai

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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2 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹9.3 L/yr
4 years (3 salaries)	₹3.8 L/yr - ₹9.5 L/yr
5 years (4 salaries)	₹5.1 L/yr - ₹6 L/yr
6 years (3 salaries)	₹4.4 L/yr - ₹6.4 L/yr
7 years (3 salaries)	₹3.8 L/yr - ₹9.9 L/yr
8 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.2 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
10 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
11 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.8 L/yr

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Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(754 salaries)

₹1.7 L/yr - ₹8.05 L/yr

Relationship Manager Salary

(212 salaries)

₹3.54 L/yr - ₹13 L/yr

Branch Manager Salary

(77 salaries)

₹7.9 L/yr - ₹27.85 L/yr

Sales Manager Salary

(49 salaries)

₹2.5 L/yr - ₹11.03 L/yr

Operations Manager Salary

(21 salaries)

₹4 L/yr - ₹10 L/yr

Operations Executive Salary

(19 salaries)

₹1.6 L/yr - ₹4.75 L/yr

Senior Associate Salary

(5 salaries)

₹4 L/yr - ₹12 L/yr

Customer Relationship Manager Salary

(3 salaries)

₹2 L/yr - ₹3.3 L/yr

Top skills at IndusInd Bank for Service Relationship Manager

Relationship Management LI Wealth Management Customer Service HNI Client Handling Cross Selling Client Retention hni Customer Handling Banking HNI Sales client servicing Finance Operations Management Service Delivery

Salary related reviews for IndusInd Bank

Sales Manager in Surat

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.

Branch Manager in Kochi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...nonuse at all...you have to recruit staff...suddenly all policies will change...they ensure u don't get bonus or rating if u do not complete amfi or irda...all these r communicated at last minute...no support n extended targets too which u can never achieve..

Customer Service Executive in Chennai

Full Time

Other Department

1.0

• posted on 12 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing at all

Dislikes

...d to take it.... In short your life is hell. No work and personal life balance. Salary is also very pethetic....... Do not join this company especially in KYC.... Your life will be hell because of few inefficient Managers and TLs.

Customer Service Associate in Madurai

Full Time

Sales & Business Development Department

1.0

• posted on 24 Nov 2023

5.0

for Salary and Benefits

Likes

The bank Management and salary.

Dislikes

The Branch managers are old in system .and Region HR is changed the indusindbank growth is huge than others banking.totally HR team indusind is worst working culture.hr team support only higher officials not as employee.when compared indusind HR is worst than small finance bank.everyone lower employee does not complete notice period properly all are absconding .so guys dont never choose indusind bank dont spoil your future and lifestyle.HR team support higher official only not Low grade employees..... and all indusind applications like tortoise that compare other bank apps.totally waste mobile banking .AIM app.always server error.

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.

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Salary Discussions, Hike & Promotions

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 Service Relationship Manager Salary FAQs

What is the salary of Service Relationship Manager at IndusInd Bank Mumbai?

Service Relationship Manager salary at IndusInd Bank in Mumbai ranges between ₹3.8 Lakhs to ₹6.8 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 14% less than the average Service Relationship Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of IndusInd Bank Mumbai.

How does the salary of a Service Relationship Manager at IndusInd Bank Mumbai compare with the average salary range for this job?

The average salary of a Service Relationship Manager at IndusInd Bank is 14% less than the average salary of a Service Relationship Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Service Relationship Manager at IndusInd Bank?

Relationship Management, LI, Wealth Management, Customer Service and HNI Client Handling are some of the popular skills required to work as a Service Relationship Manager at IndusInd Bank Mumbai.

Which similar companies are paying more than IndusInd Bank to a Service Relationship Manager in Mumbai?

Citibank Service Relationship Manager Salary - ₹5.1 Lakhs to ₹12.7 Lakhs per year
Standard Chartered Service Relationship Manager Salary - ₹5.7 Lakhs to ₹9.0 Lakhs per year
IDFC FIRST Bank Service Relationship Manager Salary - ₹6.2 Lakhs to ₹6.7 Lakhs per year
ICICI Bank Service Relationship Manager Salary - ₹2.5 Lakhs to ₹11.5 Lakhs per year
Yes Bank Service Relationship Manager Salary - ₹4.3 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Service Relationship Manager in companies similar to IndusInd Bank in Mumbai?

Axis Bank Service Relationship Manager Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
Kotak Mahindra Bank Service Relationship Manager Salary - ₹2.4 Lakhs to ₹9.1 Lakhs per year
HDFC Bank Service Relationship Manager Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Service Relationship Manager at IndusInd Bank in Mumbai?

The estimated take-home salary of a Service Relationship Manager at IndusInd Bank ranges between ₹40,733 per month to ₹41,887 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank Service Relationship Manager salary in India which ranges between ₹3.8 Lakhs to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Service Relationship Manager at IndusInd Bank in Mumbai?

According to AmbitionBox, 73% of the IndusInd Bank Service Relationship Managers in Mumbai reported a notice period of 3 Months, 27% reported a notice period of 1 Month.This is based on 11 responses on AmbitionBox in last 2 years.

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IndusInd Bank Service Relationship Manager Salaries in Mumbai

IndusInd Bank Service Relationship Manager salary in Mumbai ranges between ₹3.8 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 IndusInd Bank latest salaries received from various employees of IndusInd Bank.