South Indian Bank Associate Salaries by 6 Employees (Updated 2025)

1 - 3 years exp.

₹4.7 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

33% less than the average Associate Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 2 - 3 years exp. (3 salaries)	₹5 L/yr - ₹7 L/yr
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Customer Success, Service & Operations Associate Salary 1 - 3 years exp. (3 salaries)	₹4.7 L/yr - ₹6.6 L/yr

Last Updated: 19 Nov 2024

Companies similar to South Indian Bank for Associate

Company name	Avg Annual Salary	Open Jobs
Federal Bank Associate Salary 0 - 6 years exp. (153 salaries)	₹2 L/yr - ₹10 L/yr 32% more
City Union Bank Associate Salary 0 - 5 years exp. (206 salaries)	₹2 L/yr - ₹5.2 L/yr 21% less
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Karnataka Bank Associate Salary 0 - 5 years exp. (5 salaries)	₹1 L/yr - ₹5.5 L/yr 35% less
DBS Bank Associate Salary 1 - 14 years exp. (944 salaries)	₹10 L/yr - ₹30 L/yr 261% more	1 job opening
J&K Bank Associate Salary 1 - 5 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 6% more
Kotak Mahindra Bank Associate Salary 0 - 6 years exp. (1k salaries)	₹1.2 L/yr - ₹4.2 L/yr 48% less
IDFC FIRST Bank Associate Salary 0 - 7 years exp. (563 salaries)	₹1.6 L/yr - ₹4.9 L/yr 38% less
Paytm Payments Bank Associate Salary 0 - 7 years exp. (379 salaries)	₹2 L/yr - ₹4.6 L/yr 33% less
ICICI Bank Associate Salary 0 - 5 years exp. (115 salaries)	₹1.1 L/yr - ₹5.2 L/yr 42% less
HSBC Global Banking and Markets Associate Salary 1 - 7 years exp. (75 salaries)	₹5.4 L/yr - ₹18.3 L/yr 136% more
HDFC Bank Associate Salary 0 - 6 years exp. (64 salaries)	₹1.5 L/yr - ₹8 L/yr 36% less
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Axis Bank Associate Salary 0 - 6 years exp. (50 salaries)	₹1.8 L/yr - ₹5 L/yr 34% less
IndusInd Bank Associate Salary 0 - 8 years exp. (43 salaries)	₹1 L/yr - ₹7.5 L/yr 25% less
Yes Bank Associate Salary 1 - 8 years exp. (15 salaries)	₹1.2 L/yr - ₹6 L/yr 34% less
RBL Bank Associate Salary 0 - 2 years exp. (8 salaries)	₹2.2 L/yr - ₹4.5 L/yr 39% less
IDBI Bank Associate Salary 1 - 7 years exp. (4 salaries)	₹0.9 L/yr - ₹2.8 L/yr 62% less
Jana Small Finance Bank Associate Salary 2 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 49% less
Canara Bank Associate Salary 2 - 7 years exp. (3 salaries)	₹5 L/yr - ₹19.5 L/yr 103% more
Bandhan Bank Associate Salary 1 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹2.3 L/yr 63% less
Ujjivan Small Finance Bank Associate Salary 2 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 42% less

Associate salary at South Indian Bank ranges between ₹4.7 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 6 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Associate salaries

Last Updated: 19 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹8.8 L/yr
2 years (3 salaries)	₹4.7 L/yr - ₹7 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.6 L/yr

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Salary related reviews for South Indian Bank

5.0

Rated by 1 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.

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

Customer Service Associate in Durgapur

Full Time

Other Department

3.0

• posted on 17 Sep 2023

4.0

for Salary and Benefits

Likes

Their salary structure as compare to other pvt Bank is good because they follow iba payscale but not sure for how long after the change in the administration.

Dislikes

Senior staff of the banks are useless they just want to sit and expect spoon feeding bank initiative taken by the head office are never been viewed seriously managers of the bank in fact assistant manager and the po just act that they are working but the reality is that they just wanna pas their time in side the bank

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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South Indian Bank Associate Salary FAQs

What is the salary of Associate at South Indian Bank?

Associate salary at South Indian Bank in India ranges between ₹4.7 Lakhs to ₹7.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 33% less than the average Associate Salary in India. Salary estimates are based on 6 latest salaries received from various employees of South Indian Bank India.

How does the salary of a Associate at South Indian Bank India compare with the average salary range for this job?

The average salary of a Associate at South Indian Bank is 33% less than the average salary of a Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Associate in India?

DBS Bank Associate Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
HSBC Global Banking and Markets Associate Salary - ₹5.4 Lakhs to ₹18.3 Lakhs per year
Canara Bank Associate Salary - ₹5.0 Lakhs to ₹19.5 Lakhs per year
Federal Bank Associate Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
J&K Bank Associate Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Associate in companies similar to South Indian Bank in India?

City Union Bank Associate Salary - ₹2.0 Lakhs to ₹5.2 Lakhs per year
IndusInd Bank Associate Salary - ₹1.0 Lakhs to ₹7.5 Lakhs per year
Paytm Payments Bank Associate Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year
Yes Bank Associate Salary - ₹1.2 Lakhs to ₹6.0 Lakhs per year
Axis Bank Associate Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Associate at South Indian Bank ranges between ₹37,696 per month to ₹38,895 per month in India. The take-home salary calculation is based on the average South Indian Bank Associate salary in India which ranges between ₹4.7 Lakhs to ₹7.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Associate at South Indian Bank?

According to AmbitionBox, 30% of the South Indian Bank Associates reported a notice period of 15 days or less, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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South Indian Bank Associate Salaries

South Indian Bank Associate salary in India ranges between ₹4.7 Lakhs to ₹7 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.