Shinhan Bank Mumbai Senior Deputy Manager Salaries by 8 Employees (Updated 2025)

6 - 13 years exp.

₹7.5 Lakhs - ₹19.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

43% more than the average Senior Deputy Manager Salary in Banking Companies for 6 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Deputy Manager Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹14 L/yr
Finance & Accounting Senior Deputy Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹13.9 L/yr
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Product Management Senior Deputy Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹19.4 L/yr
Customer Success, Service & Operations Senior Deputy Manager Salary 6 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹13.6 L/yr

Last Updated: 30 Mar 2025

Companies similar to Shinhan Bank for Senior Deputy Manager in Mumbai

Shinhan Bank Senior Deputy Manager Salary

6 - 13 years exp. (8 salaries)

₹7.5 L/yr - ₹19.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Deputy Manager Salary 2 - 10 years exp. (61 salaries)	₹4.6 L/yr - ₹10 L/yr 44% less
Kotak Mahindra Bank Senior Deputy Manager Salary 2 - 7 years exp. (6 salaries)	₹4 L/yr - ₹5.9 L/yr 61% less
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IndusInd Bank Senior Deputy Manager Salary 8 - 12 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 64% less
Inventia Healthcare Senior Deputy Manager Salary 8 - 16 years exp. (25 salaries)	₹5.8 L/yr - ₹13 L/yr 29% less
Suburban Diagnostics Senior Deputy Manager Salary 8 - 15 years exp. (5 salaries)	₹5.5 L/yr - ₹9.4 L/yr 43% less

Senior Deputy Manager salary at Shinhan Bank ranges between ₹7.5 Lakhs to ₹19.4 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 8 latest salaries received from various employees of Shinhan Bank.

Experience wise Shinhan Bank Senior Deputy Manager salaries in Mumbai

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
7 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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8 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
9 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
10 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
11 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
12 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.9 L/yr
13 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr

View all

Similar Designation salaries in Shinhan Bank

Deputy Manager Salary

(8 salaries)

₹4.8 L/yr - ₹15 L/yr

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shinhan Bank Senior Deputy Manager Salary FAQs

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

The average salary of a Senior Deputy Manager at Shinhan Bank in Mumbai typically ranges from ₹7.5 Lakhs to ₹19.4 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Senior Deputy Manager in Mumbai at Shinhan Bank earn more than ₹19.4 Lakhs per year, and the top 1% earn over ₹19.4 Lakhs per year. Senior Deputy 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 8 Shinhan Bank employees in India.

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

The estimated take-home salary of a Senior Deputy Manager at Shinhan Bank in Mumbai typically ranges from ₹91,367 to ₹93,796 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹19.4 Lakhs per year for employees with experience ranging from 6 years to 13 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 8 salaries received from various employees of Shinhan Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Inventia Healthcare	₹5.8 Lakhs to ₹13.0 Lakhs per year
Suburban Diagnostics	₹5.5 Lakhs to ₹9.4 Lakhs per year
ICICI Bank	₹4.6 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Bank	₹4.0 Lakhs to ₹5.9 Lakhs per year
IndusInd Bank	₹4.5 Lakhs to ₹5.8 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 Senior Deputy Manager at Shinhan Bank in Mumbai?

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

Experience	Average Salary Range
6 years	₹10.5 Lakhs to ₹13.4 Lakhs per year
7 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
8 years	₹11.1 Lakhs to ₹14.2 Lakhs per year
9 years	₹11.5 Lakhs to ₹14.7 Lakhs per year

and so on.

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Shinhan Bank Senior Deputy Manager Salaries in Mumbai

Shinhan Bank Senior Deputy Manager salary in Mumbai ranges between ₹7.5 Lakhs to ₹19.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Shinhan Bank latest salaries received from various employees of Shinhan Bank.