South Indian Bank Mumbai Manager Salaries by 20+ Employees (Updated 2025)

6 - 13 years exp.

₹9 Lakhs - ₹25 Lakhs

Salary of majority employees

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At par with the average Manager Salary in Banking Companies for 6 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 6 - 13 years exp. (14 salaries)	Unlock ₹9 L/yr - ₹18.7 L/yr
Customer Success, Service & Operations Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹18.5 L/yr
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Finance & Accounting Manager Salary 11 years exp. (AmbitionBox Estimate)	Unlock ₹15.6 L/yr - ₹18.5 L/yr
Administration & Facilities Manager Salary 13 years exp. (AmbitionBox Estimate)	Unlock ₹15.5 L/yr - ₹19 L/yr

Last Updated: 3 Feb 2025

Companies similar to South Indian Bank for Manager in Mumbai

South Indian Bank Manager Salary

6 - 13 years exp. (23 salaries)

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₹9 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	Unlock ₹4 L/yr - ₹15.3 L/yr 43% less
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	Unlock ₹6 L/yr - ₹22.1 L/yr 27% less
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Axis Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	Unlock ₹5.5 L/yr - ₹15 L/yr 41% less
Kotak Mahindra Bank Manager Salary 0 - 15 years exp. (1.9k salaries)	Unlock ₹4 L/yr - ₹13 L/yr 53% less
Yes Bank Manager Salary 0 - 17 years exp. (904 salaries)	Unlock ₹4.3 L/yr - ₹16 L/yr 47% less
IndusInd Bank Manager Salary 0 - 17 years exp. (627 salaries)	Unlock ₹3.4 L/yr - ₹13.5 L/yr 56% less
Federal Bank Manager Salary 3 - 12 years exp. (57 salaries)	Unlock ₹9 L/yr - ₹23 L/yr 4% more
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (490 salaries)	Unlock ₹3.7 L/yr - ₹15 L/yr 50% less
RBL Bank Manager Salary 1 - 16 years exp. (298 salaries)	Unlock ₹4.2 L/yr - ₹15.7 L/yr 48% less
Bandhan Bank Manager Salary 4 - 14 years exp. (32 salaries)	Unlock ₹5.9 L/yr - ₹12 L/yr 51% less

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Manager salary at South Indian Bank ranges between ₹9 Lakhs to ₹25 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 23 latest salaries received from various employees of South Indian Bank.

Latest annual salaries shared by South Indian Bank Manager in Mumbai

1mo ago

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8 years exp.

2mo ago

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6 years exp.

3mo ago

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11 years exp.

5mo ago

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11 years exp.

6mo ago

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7 years exp.

9mo ago

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12 years exp.

9mo ago

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10 years exp.

10mo ago

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13 years exp.

1y ago

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9 years exp.

1y ago

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9 years exp.

Experience wise South Indian Bank Manager salaries in Mumbai

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
6 years (3 salaries)	Unlock ₹9 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹13 L/yr - ₹18 L/yr
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8 years (6 salaries)	Unlock ₹11 L/yr - ₹29.8 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹30.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹16.4 L/yr - ₹31 L/yr
11 years (5 salaries)	Unlock ₹12.2 L/yr - ₹18.5 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹25 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹17 L/yr - ₹19 L/yr

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From

Manager

₹

Lakhs/yr

6 - 14 years exp.

Chief Manager

₹

Lakhs/yr

10 - 17 years exp.

Manager 6 - 14 years exp.

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Senior Manager 9 - 16 years exp.

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13% hike

Chief Manager 10 - 17 years exp.

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19% 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

Probationary Officer Salary

(11 salaries)

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₹8 L/yr - ₹12.5 L/yr

Sales Executive Salary

(5 salaries)

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₹2.05 L/yr - ₹2.5 L/yr

Chief Manager Salary

(5 salaries)

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₹22 L/yr - ₹25 L/yr

Office Assistant Salary

(3 salaries)

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₹2.22 L/yr - ₹2.5 L/yr

Salary related reviews for South Indian Bank

4.0

Rated by 4 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

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Salary Discussions, Hike & Promotions

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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South Indian Bank Manager Salary FAQs

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

Manager salary at South Indian Bank in Mumbai ranges between ₹9.0 Lakhs to ₹25.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 4% more than the average Manager Salary in India. Salary estimates are based on 23 latest salaries received from various employees of South Indian Bank Mumbai.

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

The average salary of a Manager at South Indian Bank is 4% more than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

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

IDBI Bank Manager Salary - ₹9.2 Lakhs to ₹29.0 Lakhs per year
Federal Bank Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Paytm Payments Bank Manager Salary - ₹10.0 Lakhs to ₹26.0 Lakhs per year

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

Canara Bank Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
Union Bank of India Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
Karnataka Bank Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
Karur Vysya Bank Manager Salary - ₹7.0 Lakhs to ₹20.4 Lakhs per year
HSBC Global Banking and Markets Manager Salary - ₹11.0 Lakhs to ₹17.2 Lakhs per year

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

The estimated take-home salary of a Manager at South Indian Bank ranges between ₹1,16,513 per month to ₹1,19,768 per month in Mumbai. The take-home salary calculation is based on the average South Indian Bank Manager salary in India which ranges between ₹9.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 71% of the South Indian Bank Managers in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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South Indian Bank Manager Salaries in Mumbai

South Indian Bank Manager salary in Mumbai ranges between ₹9 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 South Indian Bank latest salaries received from various employees of South Indian Bank.