South Indian Bank Mumbai Assistant Manager Salaries by 40+ Employees (Updated 2025)

2 - 10 years exp.

₹6 Lakhs - ₹16 Lakhs

Salary of majority employees

42% 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 3 - 10 years exp. (16 salaries)	₹6 L/yr - ₹16 L/yr
Finance & Accounting Assistant Manager Salary 2 - 9 years exp. (9 salaries)	₹6 L/yr - ₹15 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 2 - 10 years exp. (7 salaries)	₹9 L/yr - ₹15 L/yr

Last Updated: 26 Feb 2025

Companies similar to South Indian Bank for Assistant Manager in Mumbai

South Indian Bank Assistant Manager Salary

2 - 10 years exp. (46 salaries)

₹6 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 67% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 66% less
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Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 66% less	2 job openings
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	₹1 L/yr - ₹5 L/yr 71% less
Yes Bank Assistant Manager Salary 0 - 11 years exp. (851 salaries)	₹2.4 L/yr - ₹6.5 L/yr 62% less	1 job opening
Federal Bank Assistant Manager Salary 0 - 9 years exp. (102 salaries)	₹7 L/yr - ₹18.5 L/yr 9% more
IDFC FIRST Bank Assistant Manager Salary 0 - 12 years exp. (542 salaries)	₹2.3 L/yr - ₹6.6 L/yr 59% less
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (580 salaries)	₹1.5 L/yr - ₹6.2 L/yr 68% less	1 job opening
RBL Bank Assistant Manager Salary 0 - 10 years exp. (505 salaries)	₹2 L/yr - ₹7 L/yr 65% less
Punjab National Bank Assistant Manager Salary 1 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹12 L/yr 21% less

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Assistant Manager salary at South Indian Bank ranges between ₹6 Lakhs to ₹16 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 46 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Assistant Manager salaries in Mumbai

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
2 years (5 salaries)	₹6 L/yr - ₹12 L/yr
3 years (8 salaries)	₹6 L/yr - ₹16 L/yr
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4 years (4 salaries)	₹6 L/yr - ₹20.9 L/yr
5 years (8 salaries)	₹7 L/yr - ₹15 L/yr
6 years (9 salaries)	₹7.2 L/yr - ₹15 L/yr
7 years (5 salaries)	₹8 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹21.5 L/yr
9 years (3 salaries)	₹9 L/yr - ₹21.7 L/yr
10 years (3 salaries)	₹7.5 L/yr - ₹21.8 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 - 16 years exp.

13% hike

Similar Designation salaries in South Indian Bank

Relationship Manager Salary

(5 salaries)

₹10 L/yr - ₹20 L/yr

Salary related reviews for South Indian Bank

4.5

Rated by 2 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.

Salary - Good

+1 more

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.

Work satisfaction - Bad

+1 more

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.

Salary - Good

+3 more

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

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

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

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

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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South Indian Bank Assistant Manager Salary FAQs

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

Assistant Manager salary at South Indian Bank in Mumbai ranges between ₹6.0 Lakhs to ₹16.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 42% more than the average Assistant Manager Salary in India. Salary estimates are based on 46 latest salaries received from various employees of South Indian Bank Mumbai.

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

The average salary of a Assistant Manager at South Indian Bank is 42% more than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

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

Paytm Payments Bank Assistant Manager Salary - ₹13.0 Lakhs to ₹14.5 Lakhs per year
Dhanlaxmi Bank Assistant Manager Salary - ₹8.5 Lakhs to ₹14.0 Lakhs per year
Federal Bank Assistant Manager Salary - ₹7.0 Lakhs to ₹18.5 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹17.5 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year

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

Union Bank of India Assistant Manager Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year
Central Bank of India Assistant Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
Punjab National Bank Assistant Manager Salary - ₹6.5 Lakhs to ₹12.0 Lakhs per year
Karur Vysya Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹12.5 Lakhs per year
HSBC Global Banking and Markets Assistant Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at South Indian Bank ranges between ₹84,128 per month to ₹86,328 per month in Mumbai. 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 ₹16.0 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 Mumbai?

According to AmbitionBox, 56% of the South Indian Bank Assistant Managers in Mumbai reported a notice period of 3 Months, 44% reported a notice period of 1 Month.This is based on 18 responses on AmbitionBox in last 2 years.

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South Indian Bank Assistant Manager Salaries in Mumbai

South Indian Bank Assistant Manager salary in Mumbai ranges between ₹6 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 South Indian Bank latest salaries received from various employees of South Indian Bank.