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IndusInd Bank SM salaries in India

Annual salary range
2 - 9 years exp.
₹3 Lakhs - ₹4.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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55% less than the average SM Salary in Banking Companies for 2 - 9 years of experience

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Last Updated: 24 Jan 2024

Companies similar to IndusInd Bank for SM

Company name Avg Annual Salary Open Jobs
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HDFC Bank SM Salary

2 - 14 years exp. (17 salaries)

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₹3 L/yr - ₹12 L/yr

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ICICI Bank SM Salary

3 - 12 years exp. (19 salaries)

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₹3 L/yr - ₹7.2 L/yr

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Axis Bank SM Salary

3 - 13 years exp. (21 salaries)

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Kotak Mahindra Bank SM Salary

2 - 18 years exp. (4 salaries)

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₹6 L/yr - ₹15 L/yr

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Yes Bank SM Salary

4 - 9 years exp. (3 salaries)

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₹2.2 L/yr - ₹8.5 L/yr

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IDFC FIRST Bank SM Salary

8 - 14 years exp. (7 salaries)

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₹6.5 L/yr - ₹10.9 L/yr

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Bandhan Bank SM Salary

1 - 15 years exp. (3 salaries)

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₹3.8 L/yr - ₹17 L/yr

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Jana Small Finance Bank SM Salary

2 - 9 years exp. (4 salaries)

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₹2.5 L/yr - ₹5 L/yr

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AU Small Finance Bank SM Salary

0 - 7 years exp. (4 salaries)

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₹1.9 L/yr - ₹3.2 L/yr

arrow icon 23% less
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Deutsche Bank SM Salary

0 - 3 years exp. (3 salaries)

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₹3.6 L/yr - ₹4.8 L/yr

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SM salary at IndusInd Bank ranges between ₹3 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank SM

10mo ago
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3 years exp.
11mo ago
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2 years exp.
1y ago
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9 years exp.

Experience wise IndusInd Bank SM salaries

Last Updated: 24 Jan 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr

Similar Designation salaries in IndusInd Bank

Deputy Manager Salary
(3.7k salaries)
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₹1.7 L/yr - ₹8.13 L/yr
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₹1.75 L/yr - ₹6.35 L/yr
Chief Manager Salary
(1.5k salaries)
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₹6 L/yr - ₹18 L/yr
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₹8 L/yr - ₹28 L/yr
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₹1.05 L/yr - ₹4.75 L/yr
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₹8.5 L/yr - ₹28.5 L/yr
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₹1.35 L/yr - ₹3.5 L/yr
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₹1 L/yr - ₹3.6 L/yr
AVP Salary
(265 salaries)
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₹7.9 L/yr - ₹25 L/yr
Sales Executive Salary
(260 salaries)
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₹1 L/yr - ₹5 L/yr

Salary related reviews for IndusInd Bank

5.0

Rated by 1 employees for salary & benefits

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.

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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.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 01 Oct 2024

3.0
 for  Salary and Benefits

Likes

Every process is slow and complicated

Dislikes

1. Joining process slow and worst 2. Once you join you have to do struggle to open your own salary account. 3. When you start doing operations, every process is so complicated. 4. If you open accounts, accounts getting freeze or total freeze in some time. 5. No support from BM, they said "I need business only do it from anywhere" and by mistake if portfolio assigned then you have to do sttrugle for customer you have to fight for your portfolio from KAM or RM, every customer is owned by KAM or RM from your portfolio. 6. MH, RH invites you on weekend for business in branch, branches open on weekends for only business.

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Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 20 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary credited on time

Dislikes

According to customer's point of view...it provides horrible service.seniors are just mis-utilising their position...the timing is 8.45am to 7.00pm but cluster manager as well as bm force to sit and complete the targets ...They calls often most of the holidays to work full time at branch...if u will join this bank specially in bbsr region your personal life and mental health will be destroyed.Every day pressure and sells targets.Bms and cluster manager behaves rudely and they puts pressure until u committee suicide 🙏 please don't join this bank

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Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 05 Sep 2024

3.0
 for  Salary and Benefits

Likes

Salary package

Dislikes

There is nothing to like. From on-board to process all are pathetic. The bank itself is struggling to keep its existence in market. From a customer point of view also the bank's service and on line platform are pathetic.

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IndusInd Bank SM Salary FAQs

What is the notice period for SM at IndusInd Bank?
According to AmbitionBox, 100% of the IndusInd Bank SMs reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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IndusInd Bank SM salary in India ranges between ₹3 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.