Shinhan Bank Mumbai Assistant Manager Salaries by 40+ Employees (Updated 2025)

2 - 8 years exp.

₹3.4 Lakhs - ₹12.6 Lakhs

Salary of majority employees

14% less than the average Assistant Manager Salary in Banking Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 2 - 8 years exp. (12 salaries)	₹4.8 L/yr - ₹12.3 L/yr
Finance & Accounting Assistant Manager Salary 2 - 7 years exp. (11 salaries)	₹4.3 L/yr - ₹11.9 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 3 - 6 years exp. (3 salaries)	₹5.8 L/yr - ₹7.5 L/yr
Human Resources Assistant Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹6.7 L/yr
Sales & Business Development Assistant Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.3 L/yr

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Last Updated: 21 Feb 2025

Companies similar to Shinhan Bank for Assistant Manager in Mumbai

Shinhan Bank Assistant Manager Salary

2 - 8 years exp. (40 salaries)

₹3.4 L/yr - ₹12.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	₹1.5 L/yr - ₹5 L/yr 51% less
Axis Bank Assistant Manager Salary 0 - 9 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 43% less	2 job openings
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 43% less
HDFC Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 46% less
Yes Bank Assistant Manager Salary 0 - 10 years exp. (836 salaries)	₹2.4 L/yr - ₹6.6 L/yr 37% less	1 job opening
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (577 salaries)	₹1.7 L/yr - ₹6.2 L/yr 47% less
IDFC FIRST Bank Assistant Manager Salary 0 - 12 years exp. (555 salaries)	₹2.3 L/yr - ₹6.6 L/yr 32% less
RBL Bank Assistant Manager Salary 0 - 10 years exp. (503 salaries)	₹2 L/yr - ₹7 L/yr 42% less
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (183 salaries)	₹5 L/yr - ₹17.5 L/yr 74% more
Bandhan Bank Assistant Manager Salary 0 - 10 years exp. (112 salaries)	₹2.2 L/yr - ₹5.3 L/yr 46% less
Federal Bank Assistant Manager Salary 0 - 8 years exp. (103 salaries)	₹7 L/yr - ₹18.5 L/yr 87% more
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Utkarsh Small Finance Bank Assistant Manager Salary 0 - 9 years exp. (70 salaries)	₹2.5 L/yr - ₹5.3 L/yr 45% less
South Indian Bank Assistant Manager Salary 2 - 10 years exp. (45 salaries)	₹6 L/yr - ₹16 L/yr 66% more
Jana Small Finance Bank Assistant Manager Salary 1 - 10 years exp. (37 salaries)	₹2.5 L/yr - ₹6.1 L/yr 38% less
Union Bank of India Assistant Manager Salary 1 - 10 years exp. (36 salaries)	₹5 L/yr - ₹14 L/yr 60% more
Canara Bank Assistant Manager Salary 2 - 10 years exp. (30 salaries)	₹5 L/yr - ₹17 L/yr 69% more
Karur Vysya Bank Assistant Manager Salary 2 - 11 years exp. (28 salaries)	₹6 L/yr - ₹14 L/yr 25% more
HSBC Global Banking and Markets Assistant Manager Salary 2 - 11 years exp. (20 salaries)	₹5 L/yr - ₹12 L/yr 21% more
City Union Bank Assistant Manager Salary 1 - 11 years exp. (20 salaries)	₹6 L/yr - ₹10.3 L/yr 6% more	1 job opening
Ujjivan Small Finance Bank Assistant Manager Salary 1 - 8 years exp. (16 salaries)	₹2.8 L/yr - ₹8.5 L/yr 39% less

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Assistant Manager salary at Shinhan Bank ranges between ₹3.4 Lakhs to ₹12.6 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 40 latest salaries received from various employees of Shinhan Bank.

Experience wise Shinhan Bank Assistant Manager salaries in Mumbai

Last Updated: 21 Feb 2025

Experience	Avg Annual Salary
2 years (8 salaries)	₹5.9 L/yr - ₹10.5 L/yr
3 years (7 salaries)	₹4.3 L/yr - ₹11 L/yr
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4 years (6 salaries)	₹3.4 L/yr - ₹8 L/yr
5 years (5 salaries)	₹4.3 L/yr - ₹12.6 L/yr
6 years (7 salaries)	₹3.4 L/yr - ₹12.6 L/yr
7 years (3 salaries)	₹5.3 L/yr - ₹13 L/yr
8 years (4 salaries)	₹5 L/yr - ₹10.8 L/yr

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Similar Designation salaries in Shinhan Bank

Deputy Manager Salary

(8 salaries)

₹4.8 L/yr - ₹15 L/yr

Senior Officer Salary

(6 salaries)

₹4.5 L/yr - ₹8 L/yr

Top skills at Shinhan Bank for Assistant Manager

Relationship Management Business Development channel management Corporate Banking Credit Management

Salary related reviews for Shinhan Bank

4.2

Rated by 5 employees for salary & benefits

Operations Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Aug 2023

2.0

for Salary and Benefits

Likes

Korean staff are polite and always try to help their Indian staff

Work-life balance - Good

Dislikes

Most of the seniors are chilling and taking a huge amount of salary whereas juniors are doing lots of work and not getting any recognition

Salary - Poor

+2 more

Vice President-Relationship Manager in Chennai

Full Time

Marketing & Communication Department

4.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Working environment..

Skill development - Good

+3 more

Dislikes

At the time of promotion- salary Revision was not good for above M1 level.. Suggestion Grade wise salary was differ, if possible make the grade wise same salary to the employees it's better for shinhan family .

Assistant Manager Information Technology in Mumbai

Full Time

IT & Information Security Department

4.0

• posted on 09 May 2024

3.0

for Salary and Benefits

Likes

... and have unity. Some staff ate there who don't need to support the Korean boss. To increase salary and promotion.

Skill development - Good

+2 more

Dislikes

Korean staff do not treat Indian staff well. They treat us like maids. The HR department also supports Korean people to protect their jobs. In fact, the government has implemented laws to regulate the treatment of foreign individuals who come to India for their enjoyment and to prevent mistreatment of Indian people.

Assistant Manager in New Delhi

Full Time

Other Department

4.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

No issues for taking leaves, Bosses are very cooperative and understanding here. One can easily finish their work and leave the office on time, So work and personal can be managed.

Job security - Good

+3 more

Dislikes

Systems are not employees friendly. Working process is almost manual based. Not a good place for learning as they have Very less products of banking.

Manager in New Delhi

Full Time

Sales & Business Development Department

4.0

• posted on 22 Aug 2024

5.0

for Salary and Benefits

Likes

Work culture is good and staff is well mannered and professional.

Salary - Excellent

+3 more

Dislikes

Employee Connectivity with Korean Managers is terrible only few person is allowed to meet them, also they are not flexible with statement.

Job security - Bad

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Shinhan Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Shinhan Bank in Mumbai?

The average salary of a Assistant Manager at Shinhan Bank in Mumbai typically ranges from ₹3.4 Lakhs to ₹12.6 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Assistant Manager in Mumbai at Shinhan Bank earn more than ₹10.9 Lakhs per year, and the top 1% earn over ₹12.6 Lakhs per year. Assistant Manager Salaries at Shinhan 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 40+ Shinhan Bank employees in India.

What is the estimated take home salary of a Assistant Manager at Shinhan Bank in Mumbai?

The estimated take-home salary of a Assistant Manager at Shinhan Bank in Mumbai typically ranges from ₹53,468 to ₹54,800 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹12.6 Lakhs per year for employees with experience ranging from 2 years to 8 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 40+ salaries received from various employees of Shinhan Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at Shinhan Bank in Mumbai?

To be a Assistant Manager at Shinhan Bank in Mumbai, the key skills required include:

- Relationship Management
- Business Development
- channel management
- Corporate Banking
- Credit Management

These skills are highly valued at Shinhan Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Shinhan Bank for Assistant Manager in India?

Emirates NBD	₹14.5 Lakhs to ₹26.6 Lakhs per year
Federal Bank	₹7.0 Lakhs to ₹18.5 Lakhs per year
IDBI Bank	₹5.0 Lakhs to ₹17.5 Lakhs per year
Paytm Payments Bank	₹8.5 Lakhs to ₹14.0 Lakhs per year
Canara Bank	₹5.0 Lakhs to ₹17.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shinhan Bank, depending on the role and experience level.

What is the salary of a Assistant Manager in companies similar to Shinhan Bank in Mumbai?

The salary of a Assistant Manager at companies similar to Shinhan Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

South Indian Bank	₹6.0 Lakhs to ₹16.0 Lakhs per year
Union Bank of India	₹5.0 Lakhs to ₹14.0 Lakhs per year
Central Bank of India	₹6.0 Lakhs to ₹15.0 Lakhs per year
Karur Vysya Bank	₹6.0 Lakhs to ₹14.0 Lakhs per year
HSBC Global Banking and Markets	₹5.0 Lakhs to ₹12.0 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 Assistant Manager at Shinhan Bank in Mumbai?

The salary growth for a Assistant Manager at Shinhan Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Shinhan Bank:

Experience	Average Salary Range
2 years	₹5.9 Lakhs to ₹10.5 Lakhs per year
3 years	₹4.3 Lakhs to ₹11.0 Lakhs per year
4 years	₹3.4 Lakhs to ₹8.0 Lakhs per year
5 years	₹4.3 Lakhs to ₹12.6 Lakhs per year

and so on.

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Shinhan Bank Assistant Manager Salaries in Mumbai

Shinhan Bank Assistant Manager salary in Mumbai ranges between ₹3.4 Lakhs to ₹12.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 Shinhan Bank latest salaries received from various employees of Shinhan Bank.