South Indian Bank Pune Branch Head Salaries by 5 Employees

9 - 11 years exp.

₹13 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% more than the average Branch Head Salary in Banking Companies for 9 - 11 years of experience

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Last Updated: 6 Mar 2024

Companies similar to South Indian Bank for Branch Head in Pune

South Indian Bank Branch Head Salary

9 - 11 years exp. (5 salaries)

₹13 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Branch Head Salary 9 - 24 years exp. (51 salaries)	₹8 L/yr - ₹27 L/yr 13% more	9 job openings
IndusInd Bank Branch Head Salary 5 - 18 years exp. (24 salaries)	₹3.9 L/yr - ₹14.7 L/yr 35% less
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Kotak Mahindra Bank Branch Head Salary 10 - 18 years exp. (19 salaries)	₹10.9 L/yr - ₹20.2 L/yr 12% more
HDFC Bank Branch Head Salary 10 - 18 years exp. (15 salaries)	₹8.6 L/yr - ₹25 L/yr 12% more
RBL Bank Branch Head Salary 12 - 19 years exp. (11 salaries)	₹9.9 L/yr - ₹26 L/yr 38% more
ICICI Bank Branch Head Salary 8 - 17 years exp. (8 salaries)	₹6.3 L/yr - ₹15 L/yr 9% less
IDBI Bank Branch Head Salary 13 - 20 years exp. (7 salaries)	₹15 L/yr - ₹27.5 L/yr 57% more
Yes Bank Branch Head Salary 7 - 18 years exp. (7 salaries)	₹7 L/yr - ₹21 L/yr 5% more
IDFC FIRST Bank Branch Head Salary 9 - 17 years exp. (7 salaries)	₹10 L/yr - ₹26 L/yr 14% more
Jana Small Finance Bank Branch Head Salary 6 - 12 years exp. (7 salaries)	₹4.8 L/yr - ₹7.1 L/yr 60% less
Nkgsb CO-OP Bank Branch Head Salary 9 - 13 years exp. (3 salaries)	₹6 L/yr - ₹14.5 L/yr 29% less
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Utkarsh Small Finance Bank Branch Head Salary 8 - 12 years exp. (3 salaries)	₹8.9 L/yr - ₹11.5 L/yr 34% less

Branch Head salary at South Indian Bank ranges between ₹13 Lakhs to ₹15 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Branch Head salaries in Pune

Last Updated: 6 Mar 2024

Experience	Avg Annual Salary
9 years (3 salaries)	₹13 L/yr - ₹26.2 L/yr
10 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
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11 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.3 L/yr

From

Branch Head

₹

Lakhs/yr

8 - 13 years exp.

Chief Manager

₹

Lakhs/yr

10 - 17 years exp.

Branch Head 8 - 13 years exp.

Senior Manager 7 - 16 years exp.

26% hike

Chief Manager 10 - 17 years exp.

23% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in South Indian Bank

Branch Manager Salary

(3 salaries)

₹12 L/yr - ₹18 L/yr

Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Full Time

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• posted on 10 May 2024

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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

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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

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• posted on 19 Jan 2025

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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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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South Indian Bank Branch Head Salary FAQs

What is the salary of Branch Head at South Indian Bank in Pune?

The average salary of a Branch Head at South Indian Bank in Pune typically ranges from ₹13.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Branch Head in Pune at South Indian Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Branch Head 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 Branch Head at South Indian Bank in Pune?

The estimated take-home salary of a Branch Head at South Indian Bank in Pune typically ranges from ₹1,03,096 to ₹1,05,917 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 9 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 5 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 Branch Head in India?

IDBI Bank	₹15.0 Lakhs to ₹27.5 Lakhs per year
RBL Bank	₹9.9 Lakhs to ₹26.0 Lakhs per year
IDFC FIRST Bank	₹10.0 Lakhs to ₹26.0 Lakhs per year
Axis Bank	₹8.0 Lakhs to ₹27.0 Lakhs per year
HDFC Bank	₹8.6 Lakhs to ₹25.0 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 Branch Head in companies similar to South Indian Bank in Pune?

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

Kotak Mahindra Bank	₹10.9 Lakhs to ₹20.2 Lakhs per year
Yes Bank	₹7.0 Lakhs to ₹21.0 Lakhs per year
ICICI Bank	₹6.3 Lakhs to ₹15.0 Lakhs per year
Nkgsb CO-OP Bank	₹6.0 Lakhs to ₹14.5 Lakhs per year
Utkarsh Small Finance Bank	₹8.9 Lakhs to ₹11.5 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 Branch Head at South Indian Bank in Pune?

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

Experience	Average Salary Range
9 years	₹13.0 Lakhs to ₹26.2 Lakhs per year
10 years	₹13.3 Lakhs to ₹17.0 Lakhs per year
11 years	₹13.6 Lakhs to ₹17.3 Lakhs per year

and so on.

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South Indian Bank Branch Head Salaries in Pune

South Indian Bank Branch Head salary in Pune ranges between ₹13 Lakhs to ₹15 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.