South Indian Bank Hyderabad / Secunderabad Assistant Manager Salaries by 20+ Employees (Updated 2024)

2 - 10 years exp.

₹6 Lakhs - ₹14 Lakhs

Salary of majority employees

44% more than the average Assistant Manager Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 2 - 10 years exp. (9 salaries)	₹7 L/yr - ₹13.5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 3 - 7 years exp. (6 salaries)	₹6 L/yr - ₹14 L/yr
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Finance & Accounting Assistant Manager Salary 5 - 10 years exp. (6 salaries)	₹9 L/yr - ₹12.5 L/yr

Last Updated: 13 Dec 2024

Companies similar to South Indian Bank for Assistant Manager in Hyderabad / Secunderabad

South Indian Bank Assistant Manager Salary

2 - 10 years exp. (23 salaries)

₹6 L/yr - ₹14 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (899 salaries)	₹2 L/yr - ₹7.2 L/yr 67% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (3.1k salaries)	₹2 L/yr - ₹5.8 L/yr 66% less
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Axis Bank Assistant Manager Salary 0 - 10 years exp. (1.8k salaries)	₹1.8 L/yr - ₹5.8 L/yr 66% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 8 years exp. (814 salaries)	₹1.2 L/yr - ₹5 L/yr 70% less
Federal Bank Assistant Manager Salary 0 - 10 years exp. (26 salaries)	₹7.9 L/yr - ₹16 L/yr 9% more
IDFC FIRST Bank Assistant Manager Salary 0 - 10 years exp. (133 salaries)	₹2.6 L/yr - ₹7.1 L/yr 58% less
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (118 salaries)	₹2 L/yr - ₹5.3 L/yr 66% less
RBL Bank Assistant Manager Salary 0 - 10 years exp. (74 salaries)	₹2.4 L/yr - ₹5.5 L/yr 63% less
Punjab National Bank Assistant Manager Salary 4 - 9 years exp. (4 salaries)	₹5.8 L/yr - ₹9.9 L/yr 23% less
Bandhan Bank Assistant Manager Salary 0 - 10 years exp. (107 salaries)	₹2.2 L/yr - ₹5 L/yr 67% less
Karur Vysya Bank Assistant Manager Salary 1 - 13 years exp. (82 salaries)	₹5 L/yr - ₹15 L/yr 21% less
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IDBI Bank Assistant Manager Salary 0 - 12 years exp. (56 salaries)	₹6.2 L/yr - ₹17 L/yr 3% more
HSBC Global Banking and Markets Assistant Manager Salary 2 - 10 years exp. (36 salaries)	₹3.6 L/yr - ₹11.6 L/yr 32% less
City Union Bank Assistant Manager Salary 3 - 10 years exp. (30 salaries)	₹5 L/yr - ₹11 L/yr 32% less
Canara Bank Assistant Manager Salary 2 - 12 years exp. (24 salaries)	₹5.4 L/yr - ₹15 L/yr 1% more
Union Bank of India Assistant Manager Salary 1 - 11 years exp. (24 salaries)	₹5 L/yr - ₹12 L/yr 7% less
DBS Bank Assistant Manager Salary 3 - 9 years exp. (22 salaries)	₹3 L/yr - ₹9.5 L/yr 46% less
Baroda Global Shared Services Assistant Manager Salary 4 - 11 years exp. (21 salaries)	₹3.2 L/yr - ₹6 L/yr 60% less	1 job opening
CSB Bank Assistant Manager Salary 0 - 9 years exp. (17 salaries)	₹2.5 L/yr - ₹7 L/yr 67% less
Tamilnad Mercantile Bank Assistant Manager Salary 9 - 12 years exp. (7 salaries)	₹8 L/yr - ₹12.6 L/yr 13% less

Assistant Manager salary at South Indian Bank ranges between ₹6 Lakhs to ₹14 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 23 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Assistant Manager salaries in Hyderabad / Secunderabad

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹10 L/yr - ₹13.5 L/yr
3 years (4 salaries)	₹10 L/yr - ₹14 L/yr
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4 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹20.6 L/yr
5 years (4 salaries)	₹9 L/yr - ₹20.7 L/yr
6 years (3 salaries)	₹6 L/yr - ₹20.9 L/yr
7 years (3 salaries)	₹10 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹21.3 L/yr
9 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹12.5 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.5 L/yr

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From

Assistant Manager

₹

Lakhs/yr

2 - 11 years exp.

Chief Manager

₹

Lakhs/yr

10 - 17 years exp.

Assistant Manager 2 - 11 years exp.

Manager 6 - 14 years exp.

45% hike

Senior Manager 9 - 15 years exp.

13% hike

Similar Designation salaries in South Indian Bank

Branch Manager Salary

(5 salaries)

₹10 L/yr - ₹17 L/yr

Sales Manager Salary

(4 salaries)

₹9.2 L/yr - ₹13 L/yr

Salary related reviews for South Indian Bank

3.5

Rated by 3 employees for salary & benefits

Assistant Manager in Kochi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 May 2024

4.0

for Salary and Benefits

Likes

Salary assured for IBA pay scale staff. No assurance for CTC staff. Not sure what will happen in salary for IBA scale staffs in coming years.

Dislikes

Work culture and work life balance adversely affected after introduction of cluster system in 2021. Excellent in alloting huge targets but worst in getting assistance for departments in solving customer complaints. Mental and physical health of staff seriously affected. Threatening messages through WhatsApp. Have to contact customers through personal mobile so that staff has to attend customer while at home and holidays.

Assistant Manager in Surat

Customer Success, Service & Operations Department

4.0

• posted on 02 May 2021

4.0

for Salary and Benefits

Likes

Working with south indian bank is a great opportunity for learners or can say for beginners.

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

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

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

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

Probationary Officer in Kochi

Full Time

Data Science & Analytics Department

4.0

• posted on 08 Oct 2023

5.0

for Salary and Benefits

Likes

Salary and work structure is just like a Govt. bank. IBA scales are maintained. Also the work life balance is quite decent compared to other private sector banks. Most of the employees are quite young (below 35 years) so that is an added advantage too.

Dislikes

Sometime too much of regulations and rules hurt the business

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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South Indian Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at South Indian Bank Hyderabad / Secunderabad?

Assistant Manager salary at South Indian Bank in Hyderabad / Secunderabad ranges between ₹6.0 Lakhs to ₹14.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 44% more than the average Assistant Manager Salary in India. Salary estimates are based on 23 latest salaries received from various employees of South Indian Bank Hyderabad / Secunderabad.

How does the salary of a Assistant Manager at South Indian Bank Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Assistant Manager at South Indian Bank is 44% more than the average salary of a Assistant Manager in Hyderabad / Secunderabad. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Assistant Manager in Hyderabad / Secunderabad?

Federal Bank Assistant Manager Salary - ₹7.9 Lakhs to ₹16.0 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.2 Lakhs to ₹17.0 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.4 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to South Indian Bank in Hyderabad / Secunderabad?

Union Bank of India Assistant Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
Tamilnad Mercantile Bank Assistant Manager Salary - ₹8.0 Lakhs to ₹12.6 Lakhs per year
Karur Vysya Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Punjab National Bank Assistant Manager Salary - ₹5.8 Lakhs to ₹9.9 Lakhs per year
HSBC Global Banking and Markets Assistant Manager Salary - ₹3.6 Lakhs to ₹11.6 Lakhs per year

What is the estimated take home salary of a Assistant Manager at South Indian Bank in Hyderabad / Secunderabad?

The estimated take-home salary of a Assistant Manager at South Indian Bank ranges between ₹83,249 per month to ₹85,424 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average South Indian Bank Assistant Manager salary in India which ranges between ₹6.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at South Indian Bank in Hyderabad / Secunderabad?

According to AmbitionBox, 55% of the South Indian Bank Assistant Managers in Hyderabad / Secunderabad reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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South Indian Bank Assistant Manager Salaries in Hyderabad / Secunderabad

South Indian Bank Assistant Manager salary in Hyderabad / Secunderabad ranges between ₹6 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 South Indian Bank latest salaries received from various employees of South Indian Bank.

South Indian Bank Assistant Manager salaries in Hyderabad / Secunderabad

Companies similar to South Indian Bank for Assistant Manager in Hyderabad / Secunderabad

Latest annual salaries shared by South Indian Bank Assistant Manager in Hyderabad / Secunderabad

Experience wise South Indian Bank Assistant Manager salaries in Hyderabad / Secunderabad

Similar Designation salaries in South Indian Bank

Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Assistant Manager in Surat

Officer in Ludhiana

Probationary Officer in New Delhi

Probationary Officer in Kochi

South Indian Bank Assistant Manager Salary FAQs

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