South Indian Bank Assistant Manager Operations Salaries by 6 Employees

3 - 6 years exp.

₹4.1 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% less than the average Assistant Manager Operations Salary in Banking Companies for 3 - 6 years of experience

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Last Updated: 17 Jun 2023

Companies similar to South Indian Bank for Assistant Manager Operations

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Manager Operations Salary 0 - 8 years exp. (367 salaries)	₹2.2 L/yr - ₹5 L/yr 40% less
HDFC Bank Assistant Manager Operations Salary 2 - 11 years exp. (250 salaries)	₹2 L/yr - ₹7 L/yr 38% less
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ICICI Bank Assistant Manager Operations Salary 1 - 8 years exp. (199 salaries)	₹2.4 L/yr - ₹5.5 L/yr 37% less
Kotak Mahindra Bank Assistant Manager Operations Salary 1 - 6 years exp. (180 salaries)	₹2 L/yr - ₹4.2 L/yr 47% less
Yes Bank Assistant Manager Operations Salary 1 - 9 years exp. (81 salaries)	₹3 L/yr - ₹6.3 L/yr 29% less
IDFC FIRST Bank Assistant Manager Operations Salary 1 - 7 years exp. (65 salaries)	₹2.6 L/yr - ₹5.3 L/yr 30% less
IndusInd Bank Assistant Manager Operations Salary 1 - 8 years exp. (64 salaries)	₹1.9 L/yr - ₹4.2 L/yr 46% less
Bandhan Bank Assistant Manager Operations Salary 1 - 7 years exp. (57 salaries)	₹2.3 L/yr - ₹5.1 L/yr 42% less
RBL Bank Assistant Manager Operations Salary 1 - 9 years exp. (44 salaries)	₹2.3 L/yr - ₹6.5 L/yr 25% less
Utkarsh Small Finance Bank Assistant Manager Operations Salary 0 - 8 years exp. (39 salaries)	₹2.5 L/yr - ₹4.3 L/yr 47% less
Jana Small Finance Bank Assistant Manager Operations Salary 2 - 11 years exp. (29 salaries)	₹2.2 L/yr - ₹5.5 L/yr 38% less
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City Union Bank Assistant Manager Operations Salary 3 - 12 years exp. (22 salaries)	₹5 L/yr - ₹9.6 L/yr 19% more
Federal Bank Assistant Manager Operations Salary 0 - 12 years exp. (21 salaries)	₹7.5 L/yr - ₹14 L/yr 74% more
Karur Vysya Bank Assistant Manager Operations Salary 4 - 11 years exp. (13 salaries)	₹6 L/yr - ₹13 L/yr 49% more
IDBI Bank Assistant Manager Operations Salary 0 - 16 years exp. (11 salaries)	₹5 L/yr - ₹12.5 L/yr 50% more
HSBC Global Banking and Markets Assistant Manager Operations Salary 3 - 16 years exp. (10 salaries)	₹5.3 L/yr - ₹12 L/yr 33% more
Mashreq Bank Assistant Manager Operations Salary 7 - 20 years exp. (9 salaries)	₹10 L/yr - ₹16 L/yr 118% more
Ujjivan Small Finance Bank Assistant Manager Operations Salary 5 - 14 years exp. (8 salaries)	₹3 L/yr - ₹7 L/yr 9% less
Paytm Payments Bank Assistant Manager Operations Salary 7 - 12 years exp. (6 salaries)	₹7.9 L/yr - ₹10 L/yr 43% more
Canara Bank Assistant Manager Operations Salary 0 - 10 years exp. (5 salaries)	₹5.6 L/yr - ₹13 L/yr 54% more

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Assistant Manager Operations salary at South Indian Bank ranges between ₹4.1 Lakhs to ₹9 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Assistant Manager Operations salaries

Last Updated: 17 Jun 2023

Experience	Avg Annual Salary
3 years (3 salaries)	₹7.8 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹12.6 L/yr
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5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.5 L/yr

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Salary related reviews for South Indian Bank

4.6

Rated by 5 employees for salary & benefits

Assistant Manager Operations in Chennai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Jan 2025

5.0

for Salary and Benefits

Likes

Only salary and allowance at par with IBA till date.....

Salary - Excellent

Dislikes

There is no continuous Management at top level sudden changing in the management only orders and circular issuance.There is lot of higher ups to supervise us and sought us No one will come for ground work not recommended for youngsters

Skill development - Poor

+3 more

Assistant Manager Operations in Chennai

BFSI, Investments & Trading Department

5.0

• posted on 06 Feb 2018

4.0

for Salary and Benefits

Likes

Working with tea is the best part. Young blood. Salary as per IBA and incentive based on laid down targets individually and collectively. Nice work culture and future perfect.

Salary - Good

+5 more

Dislikes

Lacking transparency and quality in transfers. Should improve HR, to keep talents within organisation and provide opportunities to grow.

Officer in Ludhiana

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 May 2024

4.0

for Salary and Benefits

Likes

Salary benefits

Salary - Good

Dislikes

Worst Work Culture,don't waste your potential just for few more money.Huge Target Pressure and Politics, Nepotism at peak only malayali people sit and enjoy being here ,while other staff are tortured , harassed on daily basis.No matter how Educated,good Employee you're if you don't meet their Targets and don't Butter your senior each and every minute.People in Other part of India except kerela don't even know About Bank so think about it how difficult will be To meet Target,even if you meet Targets you have to Butter.If you like to get treated like animal then you guys can join

Skill development - Bad

+5 more

Probationary Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Jul 2024

3.0

for Salary and Benefits

Likes

Less Pressure Salary, Perks & Other benefit

Dislikes

Words Would be Less to Describe the Disliking Outdated Bank Policies Terrible Management at top No Vision to Serve & Retain Good Customers No Marketing & Promotion Brand Name is hardly Known to people

Skill development - Bad

+4 more

Customer Service Associate in Coimbatore

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Mar 2025

5.0

for Salary and Benefits

Likes

Salary and other allowances

Salary - Excellent

+2 more

Dislikes

Work culture, constant transfers, to much of target pressure and malayalees groupism. There is job security but there won't be peace of mind after joining there. You will resign after going through a extenst

Work satisfaction - Bad

+2 more

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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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South Indian Bank Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at South Indian Bank ?

The average salary of a Assistant Manager Operations at South Indian Bank in India typically ranges from ₹4.1 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Assistant Manager Operations at South Indian Bank earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Assistant Manager Operations Salaries at South Indian 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 6 South Indian Bank employees in India.

What is the estimated take home salary of a Assistant Manager Operations at South Indian Bank in India?

The estimated take-home salary of a Assistant Manager Operations at South Indian Bank in India typically ranges from ₹47,872 to ₹49,005 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 3 years to 6 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 6 salaries received from various employees of South Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than South Indian Bank for Assistant Manager Operations in India?

Mashreq Bank	₹10.0 Lakhs to ₹16.0 Lakhs per year
Federal Bank	₹7.5 Lakhs to ₹14.0 Lakhs per year
Central Bank of India	₹8.0 Lakhs to ₹13.0 Lakhs per year
Canara Bank	₹5.6 Lakhs to ₹13.0 Lakhs per year
IDBI Bank	₹5.0 Lakhs to ₹12.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by South Indian Bank, depending on the role and experience level.

What is the salary of a Assistant Manager Operations in companies similar to South Indian Bank in India?

The salary of a Assistant Manager Operations at companies similar to South Indian Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Karur Vysya Bank	₹6.0 Lakhs to ₹13.0 Lakhs per year
Paytm Payments Bank	₹7.9 Lakhs to ₹10.0 Lakhs per year
HSBC Global Banking and Markets	₹5.3 Lakhs to ₹12.0 Lakhs per year
UCO Bank	₹5.1 Lakhs to ₹13.0 Lakhs per year
City Union Bank	₹5.0 Lakhs to ₹9.6 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 Assistant Manager Operations at South Indian Bank in India?

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

Experience	Average Salary Range
3 years	₹7.8 Lakhs to ₹9.0 Lakhs per year
4 years	₹6.3 Lakhs to ₹12.6 Lakhs per year
5 years	₹2.2 Lakhs to ₹6.0 Lakhs per year
6 years	₹4.1 Lakhs to ₹7.5 Lakhs per year

and so on.

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South Indian Bank Assistant Manager Operations Salaries

South Indian Bank Assistant Manager Operations salary in India ranges between ₹4.1 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 South Indian Bank latest salaries received from various employees of South Indian Bank.