South Indian Bank IT Manager Salaries by 5 Employees (Updated 2025)

11 - 17 years exp.

₹14 Lakhs - ₹21.6 Lakhs

Low Confidence

Salary of majority employees

25% more than the average IT Manager Salary in Banking Companies for 11 - 17 years of experience

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Last Updated: 26 Feb 2025

Companies similar to South Indian Bank for IT Manager

Company name	Avg Annual Salary	Open Jobs
Federal Bank IT Manager Salary 4 - 11 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 40% less
Karur Vysya Bank IT Manager Salary 10 - 16 years exp. (8 salaries)	₹10 L/yr - ₹18.5 L/yr 27% less
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City Union Bank IT Manager Salary 14 - 16 years exp. (3 salaries)	₹13.5 L/yr - ₹17.2 L/yr 14% less
CSB Bank IT Manager Salary 1 - 16 years exp. (13 salaries)	₹7 L/yr - ₹10.9 L/yr 51% less
DBS Bank IT Manager Salary 11 - 17 years exp. (5 salaries)	₹14.7 L/yr - ₹17 L/yr 11% less
the Nainital Bank IT Manager Salary 7 - 13 years exp. (4 salaries)	₹9 L/yr - ₹20 L/yr 12% less
J&K Bank IT Manager Salary 8 - 20 years exp. (4 salaries)	₹4.4 L/yr - ₹15 L/yr 40% less
HDFC Bank IT Manager Salary 1 - 11 years exp. (109 salaries)	₹5.5 L/yr - ₹20.8 L/yr 30% less
Axis Bank IT Manager Salary 1 - 12 years exp. (72 salaries)	₹9.7 L/yr - ₹20.2 L/yr 16% less
RBL Bank IT Manager Salary 1 - 9 years exp. (56 salaries)	₹5.2 L/yr - ₹15.5 L/yr 37% less
IndusInd Bank IT Manager Salary 5 - 12 years exp. (31 salaries)	₹5.2 L/yr - ₹22.5 L/yr 26% less
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Canara Bank IT Manager Salary 4 - 12 years exp. (27 salaries)	₹9 L/yr - ₹22 L/yr 7% less
Bandhan Bank IT Manager Salary 6 - 10 years exp. (22 salaries)	₹3 L/yr - ₹12.2 L/yr 58% less
IDFC FIRST Bank IT Manager Salary 4 - 14 years exp. (21 salaries)	₹6.1 L/yr - ₹19.5 L/yr 27% less
Utkarsh Small Finance Bank IT Manager Salary 6 - 15 years exp. (17 salaries)	₹6.2 L/yr - ₹13.3 L/yr 43% less
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (16 salaries)	₹6.4 L/yr - ₹18.5 L/yr 34% less
ICICI Bank IT Manager Salary 0 - 13 years exp. (13 salaries)	₹9 L/yr - ₹21.2 L/yr 20% less
Central Bank of India IT Manager Salary 1 - 14 years exp. (12 salaries)	₹8 L/yr - ₹17.3 L/yr 29% less
IDBI Bank IT Manager Salary 3 - 10 years exp. (9 salaries)	₹12 L/yr - ₹22 L/yr 1% less
Union Bank of India IT Manager Salary 5 - 10 years exp. (8 salaries)	₹8.4 L/yr - ₹14 L/yr 38% less

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IT Manager salary at South Indian Bank ranges between ₹14 Lakhs to ₹21.6 Lakhs per year for employees with experience between 11 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank IT Manager salaries

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹21.6 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹19 L/yr
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13 years (AmbitionBox Estimate)	₹15 L/yr - ₹31.5 L/yr
14 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr
15+ years (AmbitionBox Estimate)	₹14 L/yr - ₹31.6 L/yr

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Salary related reviews for South Indian Bank

3.0

Rated by 1 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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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South Indian Bank IT Manager Salary FAQs

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

IT Manager salary at South Indian Bank in India ranges between ₹14.0 Lakhs to ₹21.6 Lakhs for experience between 11 years to 17 years. According to our estimates it is 25% more than the average IT Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of South Indian Bank India.

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

The average salary of a IT Manager at South Indian Bank is 25% more than the average salary of a IT Manager in India. To know exact salary insights, login to view.

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

IDBI Bank IT Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
Yes Bank IT Manager Salary - ₹16.5 Lakhs to ₹18.0 Lakhs per year
Canara Bank IT Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
DBS Bank IT Manager Salary - ₹14.7 Lakhs to ₹17.0 Lakhs per year
the Nainital Bank IT Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a IT Manager at South Indian Bank ranges between ₹1,17,745 per month to ₹1,21,040 per month in India. The take-home salary calculation is based on the average South Indian Bank IT Manager salary in India which ranges between ₹14.0 Lakhs to ₹21.6 Lakhs per year for employees with experience between 11 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the South Indian Bank IT Managers reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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South Indian Bank IT Manager Salaries

South Indian Bank IT Manager salary in India ranges between ₹14 Lakhs to ₹21.6 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.