South Indian Bank Chennai Manager Scale II Salaries by 4 Employees (Updated 2025)

8 - 13 years exp.

₹14 Lakhs - ₹17.3 Lakhs

Salary of majority employees

35% more than the average Manager Scale II Salary in Banking Companies for 8 - 13 years of experience

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Last Updated: 7 Jun 2024

Companies similar to South Indian Bank for Manager Scale II in Chennai

South Indian Bank Manager Scale II Salary

8 - 13 years exp. (4 salaries)

₹14 L/yr - ₹17.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Manager Scale II Salary 6 - 8 years exp. (3 salaries)	₹8 L/yr - ₹10.3 L/yr 38% less

Manager Scale II salary at South Indian Bank ranges between ₹14 Lakhs to ₹17.3 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Manager Scale II salaries in Chennai

Last Updated: 7 Jun 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹14 L/yr - ₹28.7 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹17 L/yr
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10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹17.3 L/yr
11 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr
12 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
13 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹17.3 L/yr

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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.

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 Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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South Indian Bank Manager Scale II Salary FAQs

What is the salary of Manager Scale II at South Indian Bank Chennai?

Manager Scale II salary at South Indian Bank in Chennai ranges between ₹14.0 Lakhs to ₹17.3 Lakhs for experience between 8 years to 13 years. According to our estimates it is 35% more than the average Manager Scale II Salary in India. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank Chennai.

How does the salary of a Manager Scale II at South Indian Bank Chennai compare with the average salary range for this job?

The average salary of a Manager Scale II at South Indian Bank is 35% more than the average salary of a Manager Scale II in Chennai. To know exact salary insights, login to view.

What is the salary of a Manager Scale II in companies similar to South Indian Bank in Chennai?

Karur Vysya Bank Manager Scale II Salary - ₹8.0 Lakhs to ₹10.3 Lakhs per year

What is the estimated take home salary of a Manager Scale II at South Indian Bank in Chennai?

The estimated take-home salary of a Manager Scale II at South Indian Bank ranges between ₹1,10,207 per month to ₹1,13,259 per month in Chennai. The take-home salary calculation is based on the average South Indian Bank Manager Scale II salary in India which ranges between ₹14.0 Lakhs to ₹17.3 Lakhs per year for employees with experience between 8 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Manager Scale II at South Indian Bank in Chennai?

According to AmbitionBox, 100% of the South Indian Bank Manager Scale IIs in Chennai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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South Indian Bank Manager Scale II Salaries in Chennai

South Indian Bank Manager Scale II salary in Chennai ranges between ₹14 Lakhs to ₹17.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 South Indian Bank latest salaries received from various employees of South Indian Bank.