South Indian Bank Chennai Banker Salaries by 5 Employees

1 - 4 years exp.

₹4.2 Lakhs - ₹7 Lakhs

Salary of majority employees

40% more than the average Banker Salary in Banking Companies for 1 - 4 years of experience

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Last Updated: 16 Nov 2024

Companies similar to South Indian Bank for Banker in Chennai

South Indian Bank Banker Salary

1 - 4 years exp. (5 salaries)

₹4.2 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Banker Salary 0 - 7 years exp. (27 salaries)	₹2 L/yr - ₹6 L/yr 41% less
Kotak Mahindra Bank Banker Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹4.1 L/yr 45% less
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HDFC Bank Banker Salary 1 - 6 years exp. (10 salaries)	₹2.5 L/yr - ₹8.5 L/yr 41% less
IDFC FIRST Bank Banker Salary 1 - 6 years exp. (10 salaries)	₹2.8 L/yr - ₹7.4 L/yr 39% less	1 job opening
Axis Bank Banker Salary 1 - 7 years exp. (8 salaries)	₹2 L/yr - ₹8 L/yr 40% less
Yes Bank Banker Salary 1 - 6 years exp. (7 salaries)	₹3 L/yr - ₹5.8 L/yr 35% less
City Union Bank Banker Salary 0 - 5 years exp. (7 salaries)	₹2.6 L/yr - ₹5.4 L/yr 41% less
Karur Vysya Bank Banker Salary 1 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹8 L/yr 22% less
IndusInd Bank Banker Salary 2 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹4.7 L/yr 40% less

Banker salary at South Indian Bank ranges between ₹4.2 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Banker salaries in Chennai

Last Updated: 16 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.6 L/yr
2 years (3 salaries)	₹4.5 L/yr - ₹7 L/yr
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3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.6 L/yr

Similar Designation salaries in South Indian Bank

Branch Manager Salary

(7 salaries)

₹9 L/yr - ₹16.5 L/yr

Team Lead Salary

(3 salaries)

₹3 L/yr - ₹4.3 L/yr

Salary related reviews for South Indian Bank

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.

Salary - Good

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

Skill development - Poor

+3 more

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

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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South Indian Bank Banker Salary FAQs

What is the salary of Banker at South Indian Bank in Chennai?

The average salary of a Banker at South Indian Bank in Chennai typically ranges from ₹4.2 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Banker in Chennai at South Indian Bank earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Banker 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 5 South Indian Bank employees in India.

What is the estimated take home salary of a Banker at South Indian Bank in Chennai?

The estimated take-home salary of a Banker at South Indian Bank in Chennai typically ranges from ₹50,627 to ₹51,821 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 5 salaries received from various employees of South Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Banker in companies similar to South Indian Bank in Chennai?

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

Karur Vysya Bank	₹3.5 Lakhs to ₹8.0 Lakhs per year
Yes Bank	₹3.0 Lakhs to ₹5.8 Lakhs per year
IDFC FIRST Bank	₹2.8 Lakhs to ₹7.4 Lakhs per year
IndusInd Bank	₹3.2 Lakhs to ₹4.7 Lakhs per year
Axis Bank	₹2.0 Lakhs to ₹8.0 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 Banker at South Indian Bank in Chennai?

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

Experience	Average Salary Range
1 year	₹4.5 Lakhs to ₹8.6 Lakhs per year
2 years	₹4.5 Lakhs to ₹7.0 Lakhs per year
3 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
4 years	₹4.2 Lakhs to ₹10.6 Lakhs per year

and so on.

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South Indian Bank Banker Salaries in Chennai

South Indian Bank Banker salary in Chennai ranges between ₹4.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 South Indian Bank latest salaries received from various employees of South Indian Bank.