Shinhan Bank Mumbai Manager Salaries by 10+ Employees (Updated 2025)

4 - 9 years exp.

₹7 Lakhs - ₹15 Lakhs

Salary of majority employees

32% less than the average Manager Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 5 - 9 years exp. (3 salaries)	₹9.7 L/yr - ₹15 L/yr
Sales & Business Development Manager Salary 5 - 8 years exp. (3 salaries)	₹7 L/yr - ₹11.1 L/yr
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Product Management Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹11.7 L/yr

Last Updated: 2 Feb 2025

Companies similar to Shinhan Bank for Manager in Mumbai

Shinhan Bank Manager Salary

4 - 9 years exp. (13 salaries)

₹7 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Manager Salary 6 - 15 years exp. (93 salaries)	₹12 L/yr - ₹40 L/yr 120% more
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹18.6 L/yr 12% more
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HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹15.4 L/yr 11% less
Axis Bank Manager Salary 0 - 18 years exp. (1.7k salaries)	₹5.5 L/yr - ₹18 L/yr 7% less	2 job openings
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹12.8 L/yr 27% less
IndusInd Bank Manager Salary 0 - 16 years exp. (630 salaries)	₹3 L/yr - ₹13.5 L/yr 31% less
Yes Bank Manager Salary 0 - 17 years exp. (910 salaries)	₹4.3 L/yr - ₹15.8 L/yr 18% less
Punjab National Bank Manager Salary 3 - 11 years exp. (16 salaries)	₹7.2 L/yr - ₹22 L/yr 37% more
Bank of Baroda Manager Salary 5 - 14 years exp. (54 salaries)	₹8.9 L/yr - ₹25 L/yr 58% more
Federal Bank Manager Salary 3 - 13 years exp. (57 salaries)	₹9 L/yr - ₹23 L/yr 60% more
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (497 salaries)	₹3.7 L/yr - ₹15 L/yr 23% less
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RBL Bank Manager Salary 1 - 16 years exp. (299 salaries)	₹4.2 L/yr - ₹15.7 L/yr 19% less
IDBI Bank Manager Salary 6 - 17 years exp. (185 salaries)	₹9.2 L/yr - ₹29 L/yr 75% more
The Saraswat Co-operative Bank Manager Salary 5 - 17 years exp. (94 salaries)	₹6 L/yr - ₹18.7 L/yr At par
Canara Bank Manager Salary 5 - 14 years exp. (53 salaries)	₹8.5 L/yr - ₹25 L/yr 51% more
Union Bank of India Manager Salary 5 - 13 years exp. (53 salaries)	₹7 L/yr - ₹25 L/yr 42% more
Bandhan Bank Manager Salary 4 - 14 years exp. (29 salaries)	₹5.9 L/yr - ₹12 L/yr 24% less
South Indian Bank Manager Salary 6 - 13 years exp. (25 salaries)	₹9 L/yr - ₹25 L/yr 56% more
Jana Small Finance Bank Manager Salary 4 - 12 years exp. (19 salaries)	₹3.9 L/yr - ₹8.4 L/yr 40% less
Utkarsh Small Finance Bank Manager Salary 7 - 17 years exp. (18 salaries)	₹6.3 L/yr - ₹11.5 L/yr 13% less

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Manager salary at Shinhan Bank ranges between ₹7 Lakhs to ₹15 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 13 latest salaries received from various employees of Shinhan Bank.

Experience wise Shinhan Bank Manager salaries in Mumbai

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
4 years (3 salaries)	₹7.5 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹19.4 L/yr
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6 years (4 salaries)	₹7.5 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹19.8 L/yr
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹15 L/yr

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Similar Designation salaries in Shinhan Bank

Assistant Vice President Salary

(15 salaries)

₹12.05 L/yr - ₹25 L/yr

Deputy Manager Salary

(7 salaries)

₹6.3 L/yr - ₹15 L/yr

Credit Manager Salary

(4 salaries)

₹8.5 L/yr - ₹12 L/yr

Salary related reviews for Shinhan Bank

4.0

Rated by 2 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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Salary Discussions, Hike & Promotions

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Shinhan Bank Manager Salary FAQs

What is the salary of Manager at Shinhan Bank Mumbai?

Manager salary at Shinhan Bank in Mumbai ranges between ₹7.0 Lakhs to ₹15.0 Lakhs for experience between 4 years to 9 years. According to our estimates it is 32% less than the average Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Shinhan Bank Mumbai.

How does the salary of a Manager at Shinhan Bank Mumbai compare with the average salary range for this job?

The average salary of a Manager at Shinhan Bank is 32% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Shinhan Bank to a Manager in Mumbai?

Emirates NBD Manager Salary - ₹14.8 Lakhs to ₹40.0 Lakhs per year
State Bank of India Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
IDBI Bank Manager Salary - ₹9.2 Lakhs to ₹29.0 Lakhs per year
Federal Bank Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Paytm Payments Bank Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year

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

Bank of Baroda Manager Salary - ₹8.9 Lakhs to ₹25.0 Lakhs per year
South Indian Bank Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
Canara Bank Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
Union Bank of India Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Punjab National Bank Manager Salary - ₹7.2 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Manager at Shinhan Bank ranges between ₹79,263 per month to ₹81,325 per month in Mumbai. The take-home salary calculation is based on the average Shinhan Bank Manager salary in India which ranges between ₹7.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Manager at Shinhan Bank in Mumbai?

According to AmbitionBox, 100% of the Shinhan Bank Managers in Mumbai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Shinhan Bank Manager salary in Mumbai ranges between ₹7 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Shinhan Bank latest salaries received from various employees of Shinhan Bank.