South Indian Bank Banking Officer Salaries by 10+ Employees

3 - 11 years exp.

₹1.8 Lakh - ₹9 Lakhs

Salary of majority employees

38% more than the average Banking Officer Salary in Banking Companies for 3 - 11 years of experience

Interested in this particular role?

Last Updated: 5 Jul 2023

Companies similar to South Indian Bank for Banking Officer

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Banking Officer Salary 0 - 7 years exp. (585 salaries)	₹2 L/yr - ₹5.3 L/yr 36% less
ICICI Bank Banking Officer Salary 0 - 6 years exp. (563 salaries)	₹1 L/yr - ₹6.7 L/yr 36% less
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HDFC Bank Banking Officer Salary 0 - 8 years exp. (437 salaries)	₹1 L/yr - ₹6 L/yr 43% less
Axis Bank Banking Officer Salary 0 - 6 years exp. (228 salaries)	₹1.5 L/yr - ₹5.6 L/yr 42% less
Kotak Mahindra Bank Banking Officer Salary 1 - 6 years exp. (194 salaries)	₹1.6 L/yr - ₹5 L/yr 40% less
Bandhan Bank Banking Officer Salary 1 - 8 years exp. (155 salaries)	₹1 L/yr - ₹5 L/yr 54% less
IndusInd Bank Banking Officer Salary 1 - 6 years exp. (133 salaries)	₹1.5 L/yr - ₹6 L/yr 37% less
Yes Bank Banking Officer Salary 0 - 6 years exp. (102 salaries)	₹1.2 L/yr - ₹5.4 L/yr 43% less
Ujjivan Small Finance Bank Banking Officer Salary 0 - 7 years exp. (89 salaries)	₹1 L/yr - ₹5 L/yr 41% less
City Union Bank Banking Officer Salary 1 - 7 years exp. (78 salaries)	₹3 L/yr - ₹7.5 L/yr 9% less
Jana Small Finance Bank Banking Officer Salary 1 - 5 years exp. (59 salaries)	₹1 L/yr - ₹3.6 L/yr 59% less
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Utkarsh Small Finance Bank Banking Officer Salary 0 - 6 years exp. (46 salaries)	₹1.5 L/yr - ₹4.1 L/yr 51% less
Canara Bank Banking Officer Salary 4 - 12 years exp. (41 salaries)	₹4 L/yr - ₹15 L/yr 76% more
RBL Bank Banking Officer Salary 1 - 6 years exp. (35 salaries)	₹1.3 L/yr - ₹4.9 L/yr 42% less
Karnataka Bank Banking Officer Salary 0 - 13 years exp. (27 salaries)	₹4 L/yr - ₹13 L/yr 73% more
IDBI Bank Banking Officer Salary 2 - 15 years exp. (24 salaries)	₹6.6 L/yr - ₹17.8 L/yr 101% more
The Saraswat Co-operative Bank Banking Officer Salary 0 - 17 years exp. (23 salaries)	₹2.9 L/yr - ₹6 L/yr 25% less
Karur Vysya Bank Banking Officer Salary 2 - 14 years exp. (13 salaries)	₹3.7 L/yr - ₹11 L/yr 31% more
Union Bank of India Banking Officer Salary 0 - 15 years exp. (10 salaries)	₹3 L/yr - ₹7.6 L/yr 1% less
Nkgsb CO-OP Bank Banking Officer Salary 9 - 13 years exp. (9 salaries)	₹5.1 L/yr - ₹8 L/yr 23% more

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Banking Officer salary at South Indian Bank ranges between ₹1.8 Lakh to ₹9 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 12 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Banking Officer salaries

Last Updated: 5 Jul 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
4 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (3 salaries)	₹3.4 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr

View all

Similar Designation salaries in South Indian Bank

Senior Analyst Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Financial Analyst Salary

(5 salaries)

₹1 L/yr - ₹20.65 L/yr

Finance Executive Salary

(4 salaries)

₹1.5 L/yr - ₹11 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Analyst Salary

(7 salaries)

₹4.5 L/yr - ₹10.5 L/yr

Team Lead Salary

(9 salaries)

₹3 L/yr - ₹4.3 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Process Associate Salary

(36 salaries)

₹1.8 L/yr - ₹3 L/yr

Relationship Manager Salary

(25 salaries)

₹8 L/yr - ₹20 L/yr

Salary related reviews for South Indian Bank

5.0

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

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

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.

Salary - Excellent

+5 more

Dislikes

Sometime too much of regulations and rules hurt the business

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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South Indian Bank Banking Officer Salary FAQs

What is the salary of Banking Officer at South Indian Bank ?

The average salary of a Banking Officer at South Indian Bank in India typically ranges from ₹1.8 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 3 years to 11 years).

The top 10% of Banking Officer at South Indian Bank earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Banking Officer 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 10+ South Indian Bank employees in India.

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

The estimated take-home salary of a Banking Officer at South Indian Bank in India typically ranges from ₹41,513 to ₹42,656 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 3 years to 11 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 10+ salaries received from various employees of South Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than South Indian Bank for Banking Officer in India?

UCO Bank	₹6.0 Lakhs to ₹16.0 Lakhs per year
IDBI Bank	₹6.6 Lakhs to ₹17.8 Lakhs per year
Canara Bank	₹4.0 Lakhs to ₹15.0 Lakhs per year
Karnataka Bank	₹4.0 Lakhs to ₹13.0 Lakhs per year
Federal Bank	₹7.7 Lakhs to ₹10.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by South Indian Bank, depending on the role and experience level.

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

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

First Abu Dhabi Bank	₹6.9 Lakhs to ₹12.4 Lakhs per year
Dhanlaxmi Bank	₹3.0 Lakhs to ₹12.0 Lakhs per year
Karur Vysya Bank	₹3.7 Lakhs to ₹11.0 Lakhs per year
Nkgsb CO-OP Bank	₹5.1 Lakhs to ₹8.0 Lakhs per year
Central Bank of India	₹1.8 Lakhs to ₹6.2 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 Banking Officer at South Indian Bank in India?

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

Experience	Average Salary Range
3 years	₹1.6 Lakhs to ₹2.1 Lakhs per year
4 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹3.4 Lakhs to ₹6.0 Lakhs per year

and so on.

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South Indian Bank Banking Officer Salaries

South Indian Bank Banking Officer salary in India ranges between ₹1.8 Lakh to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 South Indian Bank latest salaries received from various employees of South Indian Bank.