South Indian Bank Chief Manager Salaries by 40+ Employees (Updated 2025)

10 - 17 years exp.

₹14.2 Lakhs - ₹26 Lakhs

Salary of majority employees

At par with the average Chief Manager Salary in Banking Companies for 10 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 10 - 16 years exp. (21 salaries)	₹15 L/yr - ₹25 L/yr
IT & Information Security Chief Manager Salary 13 - 17 years exp. (5 salaries)	₹16.5 L/yr - ₹21 L/yr
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Finance & Accounting Chief Manager Salary 10 - 17 years exp. (4 salaries)	₹14.2 L/yr - ₹20 L/yr
Risk Management & Compliance Chief Manager Salary 11 - 14 years exp. (3 salaries)	₹22.5 L/yr - ₹26 L/yr

Last Updated: 30 Nov 2024

Companies similar to South Indian Bank for Chief Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Chief Manager Salary 4 - 16 years exp. (18 salaries)	₹8 L/yr - ₹26 L/yr 26% less
ICICI Bank Chief Manager Salary 5 - 23 years exp. (2k salaries)	₹12.4 L/yr - ₹37 L/yr 11% more
Login to view exact salary
Axis Bank Chief Manager Salary 10 - 15 years exp. (5 salaries)	₹13 L/yr - ₹16.6 L/yr 31% less
Kotak Mahindra Bank Chief Manager Salary 7 - 16 years exp. (819 salaries)	₹7.5 L/yr - ₹27.5 L/yr 17% less
Yes Bank Chief Manager Salary 3 - 11 years exp. (13 salaries)	₹14 L/yr - ₹35 L/yr 5% more
IndusInd Bank Chief Manager Salary 0 - 19 years exp. (1.5k salaries)	₹5.9 L/yr - ₹18 L/yr 51% less
Federal Bank Chief Manager Salary 1 - 31 years exp. (4 salaries)	₹12 L/yr - ₹20 L/yr 23% less
IDFC FIRST Bank Chief Manager Salary 5 - 20 years exp. (740 salaries)	₹10.2 L/yr - ₹36 L/yr 6% less
Bandhan Bank Chief Manager Salary 5 - 23 years exp. (3 salaries)	₹7.5 L/yr - ₹15 L/yr 45% less
Union Bank of India Chief Manager Salary 10 - 17 years exp. (153 salaries)	₹12 L/yr - ₹42 L/yr 28% more
Canara Bank Chief Manager Salary 10 - 22 years exp. (145 salaries)	₹12 L/yr - ₹40 L/yr 16% more
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Utkarsh Small Finance Bank Chief Manager Salary 8 - 18 years exp. (54 salaries)	₹9.6 L/yr - ₹18.5 L/yr 35% less
Karur Vysya Bank Chief Manager Salary 10 - 25 years exp. (37 salaries)	₹16 L/yr - ₹30 L/yr 4% more
City Union Bank Chief Manager Salary 10 - 22 years exp. (25 salaries)	₹16.9 L/yr - ₹30 L/yr 6% more
The Saraswat Co-operative Bank Chief Manager Salary 6 - 25 years exp. (20 salaries)	₹14 L/yr - ₹28 L/yr 5% more
CSB Bank Chief Manager Salary 7 - 31 years exp. (18 salaries)	₹12 L/yr - ₹24 L/yr 19% less
Ujjivan Small Finance Bank Chief Manager Salary 4 - 16 years exp. (17 salaries)	₹5.7 L/yr - ₹24.5 L/yr 36% less
DBS Bank Chief Manager Salary 14 - 26 years exp. (13 salaries)	₹12.5 L/yr - ₹18 L/yr 25% less
Punjab and Maharashtra Co-operative Bank Chief Manager Salary 21 - 26 years exp. (12 salaries)	₹13 L/yr - ₹15 L/yr 37% less
Tamilnad Mercantile Bank Chief Manager Salary 18 - 24 years exp. (7 salaries)	₹12 L/yr - ₹17.5 L/yr 26% less

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Chief Manager salary at South Indian Bank ranges between ₹14.2 Lakhs to ₹26 Lakhs per year for employees with experience between 10 years to 17 years. Salary estimates are based on 40 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Chief Manager salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
10 years (8 salaries)	₹14.2 L/yr - ₹24 L/yr
11 years (6 salaries)	₹20 L/yr - ₹24 L/yr
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12 years (4 salaries)	₹8.7 L/yr - ₹25 L/yr
13 years (6 salaries)	₹14.2 L/yr - ₹25 L/yr
14 years (5 salaries)	₹19 L/yr - ₹26 L/yr
15+ years (11 salaries)	₹15 L/yr - ₹24 L/yr

View all

Similar Designation salaries in South Indian Bank

Sales Manager Salary

(8 salaries)

₹9.2 L/yr - ₹13 L/yr

Credit Manager Salary

(31 salaries)

₹9 L/yr - ₹21 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Branch Manager Salary

(73 salaries)

₹8 L/yr - ₹19 L/yr

Operations Manager Salary

(4 salaries)

₹9.85 L/yr - ₹13 L/yr

Area Sales Manager Salary

(7 salaries)

₹8.04 L/yr - ₹14.9 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Cluster Head Salary

(5 salaries)

₹14 L/yr - ₹24 L/yr

Relationship Manager Salary

(21 salaries)

₹8 L/yr - ₹20 L/yr

Salary related reviews for South Indian Bank

2.8

Rated by 3 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

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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 Chief Manager Salary FAQs

What is the salary of Chief Manager at South Indian Bank?

Chief Manager salary at South Indian Bank in India ranges between ₹14.2 Lakhs to ₹26.0 Lakhs for experience between 10 years to 17 years. According to our estimates it is 1% more than the average Chief Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of South Indian Bank India.

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

The average salary of a Chief Manager at South Indian Bank is 1% more than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

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

Karnataka Bank Chief Manager Salary - ₹24.0 Lakhs to ₹35.0 Lakhs per year
Union Bank of India Chief Manager Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
Canara Bank Chief Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
ICICI Bank Chief Manager Salary - ₹12.4 Lakhs to ₹37.0 Lakhs per year
City Union Bank Chief Manager Salary - ₹16.9 Lakhs to ₹30.0 Lakhs per year

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

Yes Bank Chief Manager Salary - ₹14.0 Lakhs to ₹35.0 Lakhs per year
The Saraswat Co-operative Bank Chief Manager Salary - ₹14.0 Lakhs to ₹28.0 Lakhs per year
J&K Bank Chief Manager Salary - ₹22.0 Lakhs to ₹25.0 Lakhs per year
Karur Vysya Bank Chief Manager Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
IDFC FIRST Bank Chief Manager Salary - ₹10.2 Lakhs to ₹36.0 Lakhs per year

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

The estimated take-home salary of a Chief Manager at South Indian Bank ranges between ₹1,43,361 per month to ₹1,48,706 per month in India. The take-home salary calculation is based on the average South Indian Bank Chief Manager salary in India which ranges between ₹14.2 Lakhs to ₹26.0 Lakhs per year for employees with experience between 10 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at South Indian Bank?

According to AmbitionBox, 87% of the South Indian Bank Chief Managers reported a notice period of 3 Months, 7% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

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South Indian Bank Chief Manager Salaries

South Indian Bank Chief Manager salary in India ranges between ₹14.2 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 South Indian Bank latest salaries received from various employees of South Indian Bank.