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IndusInd Bank VRM salaries in India

Annual salary range
1 - 5 years exp.
₹2 Lakhs - ₹5 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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At par with the average VRM Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations
VRM Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.8 L/yr

Sales & Business Development
VRM Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹4.1 L/yr

Last Updated: 28 Jun 2024

Companies similar to IndusInd Bank for VRM

Company name Avg Annual Salary Open Jobs
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Axis Bank VRM Salary

0 - 8 years exp. (25 salaries)

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₹1.6 L/yr - ₹5.3 L/yr

arrow icon 3% more
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Yes Bank VRM Salary

0 - 3 years exp. (24 salaries)

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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 31% less
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IDFC FIRST Bank VRM Salary

0 - 12 years exp. (11 salaries)

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₹4.5 L/yr - ₹8.3 L/yr

arrow icon 85% more
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Equitas Small Finance Bank VRM Salary

1 - 2 years exp. (7 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 14% less
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AU Small Finance Bank VRM Salary

4 - 7 years exp. (3 salaries)

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₹2.4 L/yr - ₹5.6 L/yr

arrow icon 3% more
VRM salary at IndusInd Bank ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 10 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank VRM

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Experience wise IndusInd Bank VRM salaries

Last Updated: 28 Jun 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)

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₹2 L/yr - ₹4.5 L/yr
3 years  (3 salaries)

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₹2 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹8.9 L/yr

Salary related reviews for IndusInd Bank

3.4

Rated by 3 employees for salary & benefits

Full Time

 · 

Legal & Regulatory Department

3.0
  •  posted on 10 Feb 2025

2.0
 for  Salary and Benefits

Likes

Some managers are nice, Saturdays are off Flexible timings Work life balance is fine. Job security if u work really well.

read more
  • Job security - Good
  • +2 more

Dislikes

No Salary hike. Even house help can get more hike than here promotion Skill development Managers can be annoying They will dump more work on person who works efficiently others can enjoy with no work and salary. Salary increment very poor even for the person gets amazing Performance ratings. No promotion also.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 24 Jan 2025

4.0
 for  Salary and Benefits

Likes

Pathetic work experience, u will end up finding yourself as a telecaller. Yes u will get a good salary, but it will be on the cost of deteriorating your whole career. U won't get any value in the other banks, because all others know the bad quality of books, credit card telecalling, etc.

read more
  • Salary - Good

Dislikes

Mentioned above

  • Skill development - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 22 Jan 2025

1.0
 for  Salary and Benefits

Likes

Worst company ...there is no working as per professionally not satisfactory salary, not a company to work

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Dislikes

Dislikes about working in indusind banks are alot words are less to describe how bad experience will be in indusind bank ..if someone is willing to work in indusind bank...I would suggest don't waste your precious experience and time in working indusind bank ..try out somewhere else...you will be more ...satisfied working in some other company ...

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  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 04 Jan 2025

4.0
 for  Salary and Benefits

Likes

The challenges presented in my role push me to constantly learn and develop new skills. Working with a diverse team of colleagues allows for different perspectives and collaborative problem-solving

read more
  • Salary - Good
  • +6 more

Dislikes

salary and benefits : Being underpaid for the work you perform can cause you to become unhappy.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 03 Jan 2025

2.0
 for  Salary and Benefits

Likes

Only thing i like salary on 25 of every month nothing else

Dislikes

No proper support from managers branch managers are dangerous towards employee favourite employe get good support . Not treat equally . No proper hr support . Manager use their power to spoil employee life. Unrealistic target . This is not bank these are insurance company. They only focus on insurance. No proper training. No proper support . Second thing if u have do pr die situation then join Indusind bank other wise explore your self and search other opportunities. Hr not received your call . Hr will also not understand your problem even you share medical thereafter they will not relieve you . Hr is only for name and position. Huge politics . If you hard worker employee and source good business then managers will map your clients to his favourite employee. They will treat you like you are slave. (Convulsion) Pls don’t join until and unless you have do or die situation either join for 1 or 6 months after resigned )

read more
  • Salary - Poor
  • +5 more
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IndusInd Bank VRM Salary FAQs

What is the salary of VRM at IndusInd Bank ?
The average salary of a VRM at IndusInd Bank in India typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of VRM at IndusInd Bank earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. VRM 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 10 IndusInd Bank employees in India.
What is the estimated take home salary of a VRM at IndusInd Bank in India?
The estimated take-home salary of a VRM at IndusInd Bank in India typically ranges from ₹24,504 to ₹25,951 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 10 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 VRM in India?
IDFC FIRST Bank ₹4.5 Lakhs to ₹8.3 Lakhs per year
AU Small Finance Bank ₹2.4 Lakhs to ₹5.6 Lakhs per year
Axis Bank ₹1.6 Lakhs to ₹5.3 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 VRM in companies similar to IndusInd Bank in India?
The salary of a VRM at companies similar to IndusInd Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Equitas Small Finance Bank ₹1.8 Lakhs to ₹3.5 Lakhs per year
Yes Bank ₹1.7 Lakhs to ₹3.1 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 VRM at IndusInd Bank in India?
The salary growth for a VRM at IndusInd Bank depends on factors such as experience, performance, and promotions. On average, a VRM can expect the following growth trajectory at IndusInd Bank:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹2.0 Lakhs per year
2 years ₹2.0 Lakhs to ₹4.5 Lakhs per year
3 years ₹2.0 Lakhs to ₹4.0 Lakhs per year
4 years ₹3.2 Lakhs to ₹5.0 Lakhs per year
and so on.

Tell us how to improve this page.

IndusInd Bank VRM salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 IndusInd Bank latest salaries received from various employees of IndusInd Bank.