Shipping Corporation of India Chief Manager Salaries by 4 Employees (Updated 2025)

17 - 21 years exp.

₹35 Lakhs - ₹52 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

62% more than the average Chief Manager Salary in Logistics Companies for 17 - 21 years of experience

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Salaries in different departments

Finance & Accounting Chief Manager Salary 20 - 21 years exp. (AmbitionBox Estimate)	₹33 L/yr - ₹40.3 L/yr
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Strategic & Top Management Chief Manager Salary 17 years exp. (AmbitionBox Estimate)	₹49.4 L/yr - ₹54.6 L/yr

Last Updated: 5 Jan 2025

Companies similar to Shipping Corporation of India for Chief Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Chief Manager Salary 5 - 23 years exp. (2.2k salaries)	₹13 L/yr - ₹39 L/yr 30% less
IndusInd Bank Chief Manager Salary 0 - 19 years exp. (1.5k salaries)	₹5.9 L/yr - ₹18 L/yr 69% less	1 job opening
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Kotak Mahindra Bank Chief Manager Salary 7 - 19 years exp. (905 salaries)	₹7.5 L/yr - ₹30 L/yr 52% less
IDFC FIRST Bank Chief Manager Salary 5 - 20 years exp. (740 salaries)	₹10.2 L/yr - ₹37.2 L/yr 41% less
Kotak Mahindara Life Insurance Chief Manager Salary 0 - 17 years exp. (468 salaries)	₹5.1 L/yr - ₹18.5 L/yr 70% less

Chief Manager salary at Shipping Corporation of India ranges between ₹35 Lakhs to ₹52 Lakhs per year for employees with experience between 17 years to 21 years. Salary estimates are based on 4 latest salaries received from various employees of Shipping Corporation of India.

Experience wise Shipping Corporation of India Chief Manager salaries

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
15+ years (4 salaries)	₹35 L/yr - ₹52 L/yr
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Similar Designation salaries in Shipping Corporation of India

Area Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Deputy Manager Salary

(14 salaries)

₹13.5 L/yr - ₹26.33 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Accountant Salary

(4 salaries)

₹1.9 L/yr - ₹4.5 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Salary related reviews for Shipping Corporation of India

Rated by 1 employees for salary & benefits

Marine Captain / Master Mariner in Mumbai

Shipping & Maritime Department

4.0

• posted on 17 Apr 2021

3.0

for Salary and Benefits

Likes

It is PSU so have all the required rules and regulations in place. So it is good working on thier ships so that you dont end up in problem in Indian/Forgein ports.

Skill development - Good

+3 more

Dislikes

The salary is taxable as you never become NRI in a financial year. Myself being on contract, I am on lower priority for getting a ship than the company's regular employees.

Promotions - Poor

Night Master in Mumbai

Shipping & Maritime Department

4.0

• posted on 24 Oct 2019

4.0

for Salary and Benefits

Likes

Being a PSU, Job guarantee is there. Compensation is assured. salary comes in time.

Salary - Good

+5 more

Dislikes

Being a PSU, Worker union and shore staff un-cooperation makes difficult during working field on board.Growth is slow. No job training . Seniors completely depend on junior officer at office.

Marine Engineer in Mumbai

Shipping & Maritime Department

1.0

• posted on 30 Sep 2018

1.0

for Salary and Benefits

Likes

This would be the number one worst company to opt for..u don't get treated gud and no proper facilities provided and alsothey pay u the least for what u expect..do not join Sci

Dislikes

The worst thing is the staff at office.all the old people are sitting there doing nothing and getting paid....day by day they keep u waiting and the whole system is outdated...they call u to office even for small thing rather than doing it online...they don't follow new systems or easy methods

Salary - Bad

+6 more

Able Seaman in Kolkata

Shipping & Maritime Department

5.0

• posted on 12 Oct 2018

2.0

for Salary and Benefits

Likes

... during working .job security in shipping Corporate are negative.career are nil.salary are poor as per ITF environment are good all officers and crew as friendly work together.work life balance are average.So

Skill development - Good

Dislikes

...ces and Master . there is no job security in Sci.Career are nil in this company.and salary are very poor as per ITF.there are huge politics among office and crew.work balance are not good.

Salary - Poor

+4 more

Third Engineer in Mumbai

Production, Manufacturing & Engineering Department

4.0

• posted on 04 May 2018

3.0

for Salary and Benefits

Likes

...career growth prospective is much higher than other companies in the same field. Salary as compared to Indian companies is at par with the others but if compared to foreign companies is much lesser than what u can get in out of India based employers in the same field.

Skill development - Good

+3 more

Dislikes

Salary is much lesser than that provided by the foreign shipping companies.

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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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Shipping Corporation of India Chief Manager Salary FAQs

What is the salary of Chief Manager at Shipping Corporation of India ?

The average salary of a Chief Manager at Shipping Corporation of India in India typically ranges from ₹35.0 Lakhs to ₹52.0 Lakhs per year, depending on experience (from 17 years to 21 years).

The top 10% of Chief Manager at Shipping Corporation of India earn more than ₹52.0 Lakhs per year, and the top 1% earn over ₹52.0 Lakhs per year. Chief Manager Salaries at Shipping Corporation of India 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 Shipping Corporation of India employees in India.

What is the estimated take home salary of a Chief Manager at Shipping Corporation of India in India?

The estimated take-home salary of a Chief Manager at Shipping Corporation of India in India typically ranges from ₹2,17,201 to ₹2,25,884 per month. This is based on the average salary range of ₹35.0 Lakhs to ₹52.0 Lakhs per year for employees with experience ranging from 17 years to 21 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 Shipping Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Chief Manager in companies similar to Shipping Corporation of India in India?

The salary of a Chief Manager at companies similar to Shipping Corporation of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹13.0 Lakhs to ₹39.0 Lakhs per year
IDFC FIRST Bank	₹10.2 Lakhs to ₹37.2 Lakhs per year
Kotak Mahindra Bank	₹7.5 Lakhs to ₹30.0 Lakhs per year
IndusInd Bank	₹5.9 Lakhs to ₹18.0 Lakhs per year
Kotak Mahindara Life Insurance	₹5.1 Lakhs to ₹18.5 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 Chief Manager at Shipping Corporation of India in India?

The salary growth for a Chief Manager at Shipping Corporation of India depends on factors such as experience, performance, and promotions. On average, a Chief Manager can expect the following growth trajectory at Shipping Corporation of India:

Experience	Average Salary Range
15 years	₹35.0 Lakhs to ₹52.0 Lakhs per year

and so on.

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Shipping Corporation of India Chief Manager Salaries

Shipping Corporation of India Chief Manager salary in India ranges between ₹35 Lakhs to ₹52 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shipping Corporation of India latest salaries received from various employees of Shipping Corporation of India.