Shinhan Bank Mumbai Senior Vice President Salaries by 4 Employees

18 - 22 years exp.

₹34 Lakhs - ₹48 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% less than the average Senior Vice President Salary in Banking Companies for 18 - 22 years of experience

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Last Updated: 25 Feb 2023

Companies similar to Shinhan Bank for Senior Vice President in Mumbai

Shinhan Bank Senior Vice President Salary

18 - 22 years exp. (4 salaries)

₹34 L/yr - ₹48 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Senior Vice President Salary 10 - 23 years exp. (441 salaries)	₹15 L/yr - ₹46 L/yr 16% less
Axis Bank Senior Vice President Salary 13 - 27 years exp. (150 salaries)	₹36 L/yr - ₹1.3 Cr/yr 76% more
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Kotak Mahindra Bank Senior Vice President Salary 15 - 24 years exp. (94 salaries)	₹30 L/yr - ₹80 L/yr 43% more
HDFC Bank Senior Vice President Salary 15 - 27 years exp. (80 salaries)	₹34 L/yr - ₹1.1 Cr/yr 76% more
IndusInd Bank Senior Vice President Salary 12 - 26 years exp. (67 salaries)	₹26 L/yr - ₹95 L/yr 37% more
IDFC FIRST Bank Senior Vice President Salary 13 - 20 years exp. (43 salaries)	₹28 L/yr - ₹94 L/yr 37% more
RBL Bank Senior Vice President Salary 14 - 24 years exp. (33 salaries)	₹37 L/yr - ₹95 L/yr 50% more
ICICI Bank Senior Vice President Salary 10 - 28 years exp. (4 salaries)	₹37 L/yr - ₹86 L/yr 32% more

Senior Vice President salary at Shinhan Bank ranges between ₹34 Lakhs to ₹48 Lakhs per year for employees with experience between 18 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of Shinhan Bank.

Experience wise Shinhan Bank Senior Vice President salaries in Mumbai

Last Updated: 25 Feb 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹34 L/yr - ₹48 L/yr
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Similar Designation salaries in Shinhan Bank

Assistant Vice President Salary

(12 salaries)

₹12.05 L/yr - ₹25 L/yr

Deputy Manager Salary

(8 salaries)

₹4.8 L/yr - ₹15 L/yr

Associate Vice President Salary

(6 salaries)

₹20 L/yr - ₹30 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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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 Vice President Salary FAQs

What is the salary of Senior Vice President at Shinhan Bank in Mumbai?

The average salary of a Senior Vice President at Shinhan Bank in Mumbai typically ranges from ₹34.0 Lakhs to ₹48.0 Lakhs per year, depending on experience (from 18 years to 22 years).

The top 10% of Senior Vice President in Mumbai at Shinhan Bank earn more than ₹48.0 Lakhs per year, and the top 1% earn over ₹48.0 Lakhs per year. Senior Vice President 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 4 Shinhan Bank employees in India.

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

The estimated take-home salary of a Senior Vice President at Shinhan Bank in Mumbai typically ranges from ₹2,40,373 to ₹2,50,104 per month. This is based on the average salary range of ₹34.0 Lakhs to ₹48.0 Lakhs per year for employees with experience ranging from 18 years to 22 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 4 salaries received from various employees of Shinhan Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shinhan Bank for Senior Vice President in India?

Axis Bank	₹36.0 Lakhs to ₹125.1 Lakhs per year
HDFC Bank	₹34.0 Lakhs to ₹110.0 Lakhs per year
RBL Bank	₹37.0 Lakhs to ₹95.0 Lakhs per year
Kotak Mahindra Bank	₹30.0 Lakhs to ₹80.0 Lakhs per year
IndusInd Bank	₹26.0 Lakhs to ₹95.0 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 Senior Vice President in companies similar to Shinhan Bank in Mumbai?

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

IDFC FIRST Bank	₹28.0 Lakhs to ₹94.0 Lakhs per year
ICICI Bank	₹37.0 Lakhs to ₹86.0 Lakhs per year
Yes Bank	₹15.0 Lakhs to ₹46.0 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 Senior Vice President at Shinhan Bank in Mumbai?

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

Experience	Average Salary Range
15 years	₹34.0 Lakhs to ₹48.0 Lakhs per year

and so on.

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Shinhan Bank Senior Vice President Salaries in Mumbai

Shinhan Bank Senior Vice President salary in Mumbai ranges between ₹34 Lakhs to ₹48 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shinhan Bank latest salaries received from various employees of Shinhan Bank.