Shinhan Bank Manager 1 Salaries by 3 Employees (Updated 2025)

14 - 17 years exp.

₹8 Lakhs - ₹15.6 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Manager 1 Salary in Banking Companies for 14 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager 1 Salary 14 - 17 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹15.6 L/yr
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Sales & Business Development Manager 1 Salary 16 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 1 Feb 2025

Companies similar to Shinhan Bank for Manager 1

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager 1 Salary 0 - 11 years exp. (261 salaries)	₹4.6 L/yr - ₹19 L/yr 7% less
IDFC FIRST Bank Manager 1 Salary 3 - 12 years exp. (4 salaries)	₹3.5 L/yr - ₹7 L/yr 56% less
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Kotak Mahindra Bank Manager 1 Salary 2 - 10 years exp. (4 salaries)	₹2.5 L/yr - ₹7 L/yr 62% less
Karur Vysya Bank Manager 1 Salary 5 - 11 years exp. (4 salaries)	₹8.3 L/yr - ₹10 L/yr 22% less
Yes Bank Manager 1 Salary 10 - 12 years exp. (3 salaries)	₹6.1 L/yr - ₹7.1 L/yr 44% less
HDFC Bank Manager 1 Salary 5 - 15 years exp. (3 salaries)	₹8.2 L/yr - ₹8.7 L/yr 29% less

Manager 1 salary at Shinhan Bank ranges between ₹8 Lakhs to ₹15.6 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 3 latest salaries received from various employees of Shinhan Bank.

Experience wise Shinhan Bank Manager 1 salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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15+ years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr

Similar Designation salaries in Shinhan Bank

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Project Manager Salary

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₹11.3 L/yr - ₹14.5 L/yr

Operations Manager Salary

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₹8.6 L/yr - ₹10.9 L/yr

Department Manager Salary

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₹8.6 L/yr - ₹11 L/yr

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Operations Executive Salary

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₹0.2 L/yr - ₹0.2 L/yr

Service Delivery Manager Salary

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Customer Service Manager Salary

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Salary related reviews for Shinhan Bank

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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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 Manager 1 Salary FAQs

How the salary growth look like for a Manager 1 at Shinhan Bank in India?

The salary growth for a Manager 1 at Shinhan Bank depends on factors such as experience, performance, and promotions. On average, a Manager 1 can expect the following growth trajectory at Shinhan Bank:

Experience	Average Salary Range
14 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
15 years	₹12.4 Lakhs to ₹15.9 Lakhs per year

and so on.

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Shinhan Bank Manager 1 Salaries

Shinhan Bank Manager 1 salary in India ranges between ₹8 Lakhs to ₹15.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Shinhan Bank latest salaries received from various employees of Shinhan Bank.