South Indian Bank Mumbai Banking Associate Salaries by Employees

Select experience

₹6.5 Lakhs - ₹8.3 Lakhs

Low Confidence

Salary of majority employees

Fixed (92%)

₹6.8 Lakhs

Variable (8%)

₹0.6 Lakh

Interested in this particular role?

Last Updated: 18 May 2023

Companies similar to South Indian Bank for Banking Associate in Mumbai

South Indian Bank Banking Associate Salary

4 years exp. (AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Banking Associate Salary 0 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 64% less
Accenture Banking Associate Salary 2 - 6 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 54% less
Login to view exact salary
Abu Dhabi Commercial Bank Banking Associate Salary 1 - 2 years exp. (4 salaries)	₹1 L/yr - ₹2.4 L/yr 75% less
TCS Banking Associate Salary 2 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹3.3 L/yr 60% less

Banking Associate salary at South Indian Bank ranges between ₹6.5 Lakhs to ₹8.3 Lakhs per year for employees with 4 years of experience. Salary estimates are based on 1 latest salaries received from various employees of South Indian Bank.

Similar Designation salaries in South Indian Bank

Relationship Manager Salary

(5 salaries)

₹10 L/yr - ₹20 L/yr

Analyst Salary

(3 salaries)

₹9 L/yr - ₹10 L/yr

Salary related reviews for South Indian Bank

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

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

Got a question about South Indian Bank?

Ask anonymously on communities.

South Indian Bank Banking Associate Salary FAQs

How the salary growth look like for a Banking Associate at South Indian Bank in Mumbai?

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

Experience	Average Salary Range
4 years	₹6.5 Lakhs to ₹8.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
South Indian Bank Salaries >
South Indian Bank Banking Associate Salaries >
South Indian Bank Banking Associate Salaries in Mumbai

South Indian Bank Banking Associate salary in Mumbai ranges between ₹6.5 Lakhs to ₹8.3 Lakhs. This is an estimate based on latest salaries received from employees of South Indian Bank.