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IndusInd Bank VRM salaries in Chennai

Annual salary range
1 - 5 years exp.
₹2 Lakhs - ₹5.2 Lakhs
Salary of majority employees
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28% more than the average VRM Salary in Banking Companies for 1 - 5 years of experience

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Last Updated: 6 Aug 2023

Companies similar to IndusInd Bank for VRM in Chennai

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IndusInd Bank VRM Salary

1 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹5.2 L/yr

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Company name Avg Annual Salary Open Jobs
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Yes Bank VRM Salary

0 - 3 years exp. (14 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 35% less
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RBL Bank VRM Salary

1 - 6 years exp. (4 salaries)

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₹2.3 L/yr - ₹3.1 L/yr

arrow icon 22% less
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Equitas Small Finance Bank VRM Salary

1 - 2 years exp. (4 salaries)

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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 16% less
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DBS Bank VRM Salary

0 - 3 years exp. (4 salaries)

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₹3.2 L/yr - ₹3.5 L/yr

arrow icon 4% less
VRM salary at IndusInd Bank ranges between ₹2 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank VRM in Chennai

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3 years exp.
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Experience wise IndusInd Bank VRM salaries in Chennai

Last Updated: 6 Aug 2023

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

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

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

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₹2.1 L/yr - ₹9.3 L/yr

Salary related reviews for IndusInd Bank

4.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

They give you good hike or good package while hiring

Dislikes

After joining they will make your life hell, there are so many policies related to employee they made but no seniors follows. They will make you feel resigning and going home. Also the kind of threatening you will get that will make your life miserable. They will bluntly that you complain wherever you want I don't care. Just put down paper andvget out from the branch. I should not see your face next day at branch.

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Full Time

 · 

Other Department

5.0
  •  posted on 06 Nov 2024

1.0
 for  Salary and Benefits

Dislikes

Hr not supportive Last 4 month handle the branch no SDM no rm in branch Salary 20k work 2 people Reporting manager not supportive Rating 2.71 but still not promoted Handle cash counter and customer service desk last 4 month Hr not responding call and mails Salary satisfaction no as per work load Last year wall of fram in indusind bank but still not appreciated

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Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 30 Oct 2024

2.0
 for  Salary and Benefits

Likes

100% job secured untill the officer involved into a unerased disciplinary mistakes. He/she will be survived for decades.

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Dislikes

Not a salary match for vintages basis market norms, new joiners provide more CTC than the existed floor managers. Pay scale revision should effectively implement for designation & grade wise.

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Full Time

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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

 · 

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.

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IndusInd Bank VRM Salary FAQs

What is the salary of VRM at IndusInd Bank Chennai?
VRM salary at IndusInd Bank in Chennai ranges between ₹2.0 Lakhs to ₹5.2 Lakhs for experience between 1 years to 5 years. According to our estimates it is 28% more than the average VRM Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank Chennai.
How does the salary of a VRM at IndusInd Bank Chennai compare with the average salary range for this job?
The average salary of a VRM at IndusInd Bank is 28% more than the average salary of a VRM in Chennai. To know exact salary insights, login to view.
What is the salary of a VRM in companies similar to IndusInd Bank in Chennai?
  • DBS Bank VRM Salary - ₹3.2 Lakhs to ₹3.5 Lakhs per year
  • Equitas Small Finance Bank VRM Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
  • RBL Bank VRM Salary - ₹2.3 Lakhs to ₹3.1 Lakhs per year
  • Yes Bank VRM Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a VRM at IndusInd Bank in Chennai?
The estimated take-home salary of a VRM at IndusInd Bank ranges between ₹26,034 per month to ₹27,458 per month in Chennai. The take-home salary calculation is based on the average IndusInd Bank VRM salary in India which ranges between ₹2.0 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for VRM at IndusInd Bank in Chennai?
According to AmbitionBox, 100% of the IndusInd Bank VRMs in Chennai reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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IndusInd Bank VRM salary in Chennai ranges between ₹2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.