South Indian Bank Mumbai Clerk Salaries by 2 Employees (Updated 2025)

0 - 3 years exp.

₹4.5 Lakhs - ₹5.7 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Salaries in different departments

BFSI, Investments & Trading Clerk Salary 3 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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Finance & Accounting Clerk Salary Fresher (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.2 L/yr

Last Updated: 1 Mar 2025

Companies similar to South Indian Bank for Clerk in Mumbai

South Indian Bank Clerk Salary

0 - 3 years exp. (AmbitionBox Estimate)

₹4.5 L/yr - ₹5.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Nkgsb CO-OP Bank Clerk Salary 0 - 10 years exp. (20 salaries)	₹1.5 L/yr - ₹6 L/yr 22% less
Karnataka Bank Clerk Salary 0 - 7 years exp. (7 salaries)	₹3.5 L/yr - ₹6 L/yr 10% more
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Karur Vysya Bank Clerk Salary 3 - 10 years exp. (4 salaries)	₹4 L/yr - ₹8 L/yr 24% more
HDFC Bank Clerk Salary 0 - 6 years exp. (3 salaries)	₹0.7 L/yr - ₹2.8 L/yr 44% less
Abhyudaya Co-operative Bank Clerk Salary 1 - 13 years exp. (48 salaries)	₹2 L/yr - ₹6 L/yr 16% less

Clerk salary at South Indian Bank ranges between ₹4.5 Lakhs to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 2 latest salaries received from various employees of South Indian Bank.

From

Clerk

₹

Lakhs/yr

0 - 3 years exp.

Chief Manager

₹

Lakhs/yr

10 - 17 years exp.

Clerk

0 - 3 years exp.

Assistant Manager

2 - 11 years exp.

151% hike

Manager

6 - 14 years exp.

42% 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

Analyst Salary

(3 salaries)

₹9 L/yr - ₹10 L/yr

Salary related reviews for South Indian Bank

4.0

Rated by 1 employees for salary & benefits

Clerk in New Delhi

clerk Department

4.0

• posted on 19 Mar 2022

4.0

for Salary and Benefits

Likes

...is nice but work load is imense they should keep the working hour max 8 hours ..it’s really necessary for mental health…otherwise job security is there and also you get paid on time

Salary - Good

+5 more

Dislikes

Working hours…they expect you to be there at the bank for more than 9 hour

Clerk in Jabalpur

Customer Success, Service & Operations Department

4.0

• posted on 21 Jun 2019

5.0

for Salary and Benefits

Likes

... learn here. Just like other banks, work pressure is always there at every post. Salary is satisfactory. There is unity among staff members.

Salary - Excellent

+6 more

Dislikes

A lot of pressure for marketing of third party products.

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

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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 Clerk Salary FAQs

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

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

Experience	Average Salary Range
Fresher	₹4.4 Lakhs to ₹5.6 Lakhs per year
1 year	₹4.4 Lakhs to ₹5.7 Lakhs per year
2 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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South Indian Bank Clerk Salaries in Mumbai

South Indian Bank Clerk salary in Mumbai ranges between ₹4.5 Lakhs to ₹5.7 Lakhs. This is an estimate based on latest salaries received from employees of South Indian Bank.