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IndusInd Bank State Manager salaries in India

Annual salary range
5 - 15 years exp.
₹5 Lakhs - ₹12 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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29% less than the average State Manager Salary in Banking Companies for 5 - 15 years of experience

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Salaries in different departments

Product Management
State Manager Salary
5 - 7 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.5 L/yr

BFSI, Investments & Trading
State Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.2 L/yr

Last Updated: 17 Dec 2024

Companies similar to IndusInd Bank for State Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank State Manager Salary

4 - 10 years exp. (5 salaries)

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₹7.2 L/yr - ₹13.3 L/yr

arrow icon 13% more
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Kotak Mahindra Bank State Manager Salary

10 - 16 years exp. (5 salaries)

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₹9.9 L/yr - ₹11.3 L/yr

arrow icon 29% more
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IDFC FIRST Bank State Manager Salary

8 - 20 years exp. (15 salaries)

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₹7.1 L/yr - ₹20 L/yr

arrow icon 52% more
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₹6.6 L/yr - ₹13.6 L/yr

arrow icon 19% more
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Smith & Nephew Healthcare State Manager Salary

11 - 19 years exp. (24 salaries)

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₹12.5 L/yr - ₹19 L/yr

arrow icon 106% more
State Manager salary at IndusInd Bank ranges between ₹5 Lakhs to ₹12 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank State Manager

4d ago
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15 years exp.
1y ago
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7 years exp.
1y ago
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12 years exp.
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5 years exp.
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8 years exp.

Experience wise IndusInd Bank State Manager salaries

Last Updated: 17 Dec 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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

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₹5 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹10.8 L/yr
8 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹12.2 L/yr
9 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.7 L/yr
View all

Similar Designation salaries in IndusInd Bank

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(336 salaries)
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₹2.05 L/yr - ₹10.5 L/yr
Branch Manager Salary
(644 salaries)
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₹6 L/yr - ₹22 L/yr
Area Manager Salary
(55 salaries)
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₹6.2 L/yr - ₹21.65 L/yr
Cluster Manager Salary
(28 salaries)
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₹5 L/yr - ₹14 L/yr
Deputy Manager Salary
(3.6k salaries)
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₹1.7 L/yr - ₹8.05 L/yr
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₹2.5 L/yr - ₹11.19 L/yr
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₹5.5 L/yr - ₹20.6 L/yr
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₹5 L/yr - ₹17 L/yr
Sales Officer Salary
(203 salaries)
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₹1.5 L/yr - ₹4.25 L/yr
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₹7 L/yr - ₹8.12 L/yr

Salary related reviews for IndusInd Bank

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 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..

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Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 23 Aug 2024

3.0
 for  Salary and Benefits

Likes

Salary on 25th every month.

Dislikes

Caste politics and office politics playing major role in here. Particular higher community lobby destroyed many employees future and lives. Especially tamilnadu sales region.

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Full Time

 · 

Marketing & Communication Department

4.0
  •  posted on 03 Apr 2024

3.0
 for  Salary and Benefits

Likes

Job security, family secured , life insurance & health insurance cover

Dislikes

I do not like Indusind Bank because they deduct a lot of money from the salary, some incentives are made and some are given, the amount that the bank gives in a year is also very less.

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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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IndusInd Bank State Manager Salary FAQs

What is the salary of State Manager at IndusInd Bank?
State Manager salary at IndusInd Bank in India ranges between ₹5.0 Lakhs to ₹12.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 29% less than the average State Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of IndusInd Bank India.
How does the salary of a State Manager at IndusInd Bank India compare with the average salary range for this job?
The average salary of a State Manager at IndusInd Bank is 29% less than the average salary of a State Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than IndusInd Bank to a State Manager in India?
  • Smith & Nephew Healthcare State Manager Salary - ₹12.5 Lakhs to ₹19.0 Lakhs per year
  • IDFC FIRST Bank State Manager Salary - ₹7.1 Lakhs to ₹20.0 Lakhs per year
  • Kotak Mahindra Bank State Manager Salary - ₹9.9 Lakhs to ₹11.3 Lakhs per year
  • Ujjivan Small Finance Bank State Manager Salary - ₹6.6 Lakhs to ₹13.6 Lakhs per year
  • HDFC Bank State Manager Salary - ₹7.2 Lakhs to ₹13.3 Lakhs per year
What is the estimated take home salary of a State Manager at IndusInd Bank in India?
The estimated take-home salary of a State Manager at IndusInd Bank ranges between ₹61,492 per month to ₹63,051 per month in India. The take-home salary calculation is based on the average IndusInd Bank State Manager salary in India which ranges between ₹5.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?
What is the notice period for State Manager at IndusInd Bank?
According to AmbitionBox, 100% of the IndusInd Bank State Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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IndusInd Bank State Manager salary in India ranges between ₹5 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 IndusInd Bank latest salaries received from various employees of IndusInd Bank.