South Indian Bank Manager Salaries by 20+ Employees (Updated 2024)

6 - 12 years exp.

₹8.2 Lakhs - ₹19.8 Lakhs

Salary of majority employees

At par with the average Manager Salary in Banking Companies for 6 - 12 years of experience

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Last Updated: 5 Dec 2024

Companies similar to South Indian Bank for Manager in Finance & Accounting department

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 19 years exp. (1k salaries)	₹4.3 L/yr - ₹16 L/yr 41% less	1 job opening
ICICI Bank Manager Salary 0 - 17 years exp. (717 salaries)	₹6 L/yr - ₹21.4 L/yr 26% less
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Axis Bank Manager Salary 0 - 18 years exp. (544 salaries)	₹4.5 L/yr - ₹17.2 L/yr 37% less	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (583 salaries)	₹4 L/yr - ₹14.4 L/yr 50% less
Yes Bank Manager Salary 0 - 18 years exp. (306 salaries)	₹5 L/yr - ₹14 L/yr 43% less
IndusInd Bank Manager Salary 0 - 16 years exp. (174 salaries)	₹3.2 L/yr - ₹12 L/yr 55% less	1 job opening
Federal Bank Manager Salary 4 - 11 years exp. (27 salaries)	₹8 L/yr - ₹22 L/yr 6% more
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (131 salaries)	₹4 L/yr - ₹13.5 L/yr 50% less
RBL Bank Manager Salary 2 - 16 years exp. (68 salaries)	₹5 L/yr - ₹14.3 L/yr 44% less
Bandhan Bank Manager Salary 1 - 16 years exp. (75 salaries)	₹2.9 L/yr - ₹11.5 L/yr 53% less

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Manager salary at South Indian Bank ranges between ₹8.2 Lakhs to ₹19.8 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 23 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Manager salaries in Finance & Accounting department

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹12 L/yr - ₹27.2 L/yr
7 years (AmbitionBox Estimate)	₹12 L/yr - ₹27.8 L/yr
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8 years (4 salaries)	₹8.2 L/yr - ₹19 L/yr
9 years (4 salaries)	₹12.8 L/yr - ₹19.8 L/yr
10 years (5 salaries)	₹9 L/yr - ₹19.8 L/yr
11 years (5 salaries)	₹11 L/yr - ₹18.5 L/yr
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹30.8 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.

Senior Manager 9 - 15 years exp.

13% hike

Chief Manager 10 - 17 years exp.

17% 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

Credit Manager Salary

(30 salaries)

₹9 L/yr - ₹21 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Financial Analyst Salary

(5 salaries)

₹1 L/yr - ₹20.65 L/yr

Deputy General Manager Salary

(5 salaries)

₹20 L/yr - ₹60 L/yr

Financial Controller Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹26.1 L/yr - ₹33.3 L/yr

Salary related reviews for South Indian Bank

3.9

Rated by 5 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.

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 technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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South Indian Bank Manager Salary FAQs

What is the salary of Manager at South Indian Bank in Finance & Accounting department?

Manager salary at South Indian Bank in Finance & Accounting department in India ranges between ₹8.2 Lakhs to ₹19.8 Lakhs for experience between 6 years to 12 years. According to our estimates it is 1% more than the average Manager Salary in India. Salary estimates are based on 23 latest salaries received from various employees of South Indian Bank India in Finance & Accounting department.

How does the salary of a Manager at South Indian Bank India in Finance & Accounting department compare with the average salary range for this job?

The average salary of a Manager at South Indian Bank in Finance & Accounting department is 1% more than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Manager in Finance & Accounting department in India?

IDBI Bank Manager Salary - ₹8.2 Lakhs to ₹25.0 Lakhs per year
Paytm Payments Bank Manager Salary - ₹12.3 Lakhs to ₹27.5 Lakhs per year
Federal Bank Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
Canara Bank Manager Salary - ₹8.4 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Manager in Finance & Accounting department in companies similar to South Indian Bank in India?

HSBC Global Banking and Markets Manager Salary - ₹9.1 Lakhs to ₹25.5 Lakhs per year
Union Bank of India Manager Salary - ₹7.5 Lakhs to ₹24.0 Lakhs per year
Karur Vysya Bank Manager Salary - ₹7.0 Lakhs to ₹17.5 Lakhs per year
Karnataka Bank Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
City Union Bank Manager Salary - ₹12.0 Lakhs to ₹17.1 Lakhs per year

What is the estimated take home salary of a Manager in Finance & Accounting department at South Indian Bank in India?

The estimated take-home salary of a Manager in Finance & Accounting department at South Indian Bank ranges between ₹1,11,949 per month to ₹1,15,056 per month in India. The take-home salary calculation is based on the average South Indian Bank Manager salary in India which ranges between ₹8.2 Lakhs to ₹19.8 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Manager in Finance & Accounting department at South Indian Bank?

According to AmbitionBox, 76% of the South Indian Bank Managers in Finance & Accounting department reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 29 responses on AmbitionBox in last 2 years.

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South Indian Bank Manager Salaries by Location

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South Indian Bank Manager Salaries in Finance & Accounting

South Indian Bank Manager salary in Finance & Accounting department in India ranges between ₹8.2 Lakhs to ₹19.8 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.

South Indian Bank Manager salaries in Finance & Accounting in India

Companies similar to South Indian Bank for Manager in Finance & Accounting department

Latest annual salaries shared by South Indian Bank Manager in Finance & Accounting department

Experience wise South Indian Bank Manager salaries in Finance & Accounting department

Similar Designation salaries in South Indian Bank

Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Officer in Ludhiana

Probationary Officer in New Delhi

Probationary Officer in Kochi

Customer Service Associate in Durgapur

South Indian Bank Manager Salary FAQs

Tell us how to improve this page.

South Indian Bank Manager Salaries by Location