South Indian Bank Cluster Manager Salaries by Employees

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₹9 Lakhs - ₹11.5 Lakhs

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Avg. annual salary (AmbitionBox Estimate)

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Last Updated: 1 Oct 2024

Companies similar to South Indian Bank for Cluster Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Cluster Manager Salary 5 - 15 years exp. (153 salaries)	₹4.5 L/yr - ₹12 L/yr 24% less	1 job opening
IDFC FIRST Bank Cluster Manager Salary 8 - 16 years exp. (213 salaries)	₹5.8 L/yr - ₹21 L/yr 29% more
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Axis Bank Cluster Manager Salary 5 - 17 years exp. (77 salaries)	₹4.7 L/yr - ₹15.5 L/yr 4% more
Kotak Mahindra Bank Cluster Manager Salary 4 - 16 years exp. (63 salaries)	₹3.9 L/yr - ₹16.2 L/yr 7% less
ICICI Bank Cluster Manager Salary 8 - 15 years exp. (41 salaries)	₹6 L/yr - ₹25 L/yr 41% more
IndusInd Bank Cluster Manager Salary 2 - 15 years exp. (36 salaries)	₹3.9 L/yr - ₹12.7 L/yr 26% less
HDFC Bank Cluster Manager Salary 4 - 18 years exp. (30 salaries)	₹6.8 L/yr - ₹20 L/yr 14% more
Yes Bank Cluster Manager Salary 3 - 18 years exp. (23 salaries)	₹4.8 L/yr - ₹16 L/yr 4% more
Jana Small Finance Bank Cluster Manager Salary 5 - 15 years exp. (16 salaries)	₹5.9 L/yr - ₹14 L/yr 7% less
Bandhan Bank Cluster Manager Salary 5 - 11 years exp. (13 salaries)	₹2.8 L/yr - ₹7.7 L/yr 49% less
Paytm Payments Bank Cluster Manager Salary 9 - 15 years exp. (13 salaries)	₹10.5 L/yr - ₹18 L/yr 21% more
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RBL Bank Cluster Manager Salary 10 - 14 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 29% less
Federal Bank Cluster Manager Salary 6 - 11 years exp. (4 salaries)	₹0.8 L/yr - ₹6 L/yr 67% less
Utkarsh Small Finance Bank Cluster Manager Salary 5 - 13 years exp. (4 salaries)	₹8.1 L/yr - ₹14 L/yr At par	1 job opening
Karur Vysya Bank Cluster Manager Salary 8 - 10 years exp. (4 salaries)	₹7.5 L/yr - ₹12 L/yr 9% less

Cluster Manager salary at South Indian Bank ranges between ₹9 Lakhs to ₹11.5 Lakhs per year for employees with 10 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

Cluster Head Salary

(5 salaries)

₹14 L/yr - ₹24 L/yr

Sales Manager Salary

(9 salaries)

₹9.2 L/yr - ₹13 L/yr

Branch Manager Salary

(54 salaries)

₹9 L/yr - ₹20.42 L/yr

Area Sales Manager Salary

(7 salaries)

₹8.04 L/yr - ₹14.9 L/yr

Relationship Manager Salary

(25 salaries)

₹8 L/yr - ₹20 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹11.2 L/yr - ₹14.3 L/yr

Sales Executive Salary

(28 salaries)

₹1.45 L/yr - ₹3 L/yr

Team Lead Salary

(9 salaries)

₹3 L/yr - ₹4.3 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

93 participants . expiring in 2d

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South Indian Bank Cluster Manager Salary FAQs

How the salary growth look like for a Cluster Manager at South Indian Bank in India?

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

Experience	Average Salary Range
10 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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South Indian Bank Cluster Manager Salaries

South Indian Bank Cluster Manager salary in India ranges between ₹9 Lakhs to ₹11.5 Lakhs. This is an estimate based on latest salaries received from employees of South Indian Bank.