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South Indian Bank Salaries in Mumbai (Updated 2025)

based on 222 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Marketing & Communication + 1 more
Designation Avg Annual Salary Open Jobs
11 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

31 years exp. · Mumbai (AmbitionBox Estimate)
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₹0.4 L/yr - ₹0.5 L/yr

10 years exp. · Mumbai (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

16 years exp. · Mumbai (AmbitionBox Estimate)
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₹27 L/yr - ₹34.5 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

Fresher · Mumbai (AmbitionBox Estimate)
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₹6 L/yr - ₹9 L/yr

18 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

3 years exp. · Mumbai (AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

21 years exp. · Mumbai (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

13 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.6 L/yr - ₹12 L/yr

29 years exp. · Mumbai (AmbitionBox Estimate)
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₹99.8 L/yr - ₹1.1 Cr/yr

4 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.1 L/yr - ₹20.6 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

7 years exp. · Mumbai (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

5 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.5 L/yr - ₹12.1 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.9 L/yr

Last Updated: 22 Mar, 2025

Salary related reviews for South Indian Bank

4.1

Rated by 31 employees for salary & benefits

Full Time

 · 

Branch Banking Department

1.0
  •  posted on 13 May 2022

2.0
 for  Salary and Benefits

Likes

Few things like compensation and benefits which is not so important for a fresher

read more

Dislikes

If you are a fresher than there are lot of roles and selling needed which can definitely affect the way you learn when you work for an organisation so it's an important factor to consider.

read more
  • Salary - Poor
  • +6 more

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.

read more
  • 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.

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  • Work satisfaction - Bad
  • +1 more

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

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  • Skill development - Bad
  • +5 more

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

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  • Skill development - Poor
  • +3 more

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

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  • Skill development - Bad
  • +4 more
see more salary related reviews

South Indian Bank Salary FAQs

How much does South Indian Bank pay to its employees?
The average annual salary at South Indian Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at South Indian Bank, are as follows:

Manager OPS ₹16.2 Lakhs to ₹20.7 Lakhs per year
Software Development Engineer ₹0.4 Lakhs to ₹0.5 Lakhs per year
Administration Coordinator ₹1.9 Lakhs to ₹2.5 Lakhs per year
Chief Marketing Officer ₹27 Lakhs to ₹34.5 Lakhs per year

The highest-paying role, Deputy General Manager, earns between ₹20 Lakhs to ₹60 Lakhs per year. The top 10% of employees earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹30 Lakhs per year. Salaries at South Indian Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 222 salaries submitted by South Indian Bank employees. South Indian Bank is rated 4.1 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at South Indian Bank in Mumbai?
The salary of a fresher at South Indian Bank in Mumbai typically ranges from ₹0.6 Lakh to ₹12.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Probationary Officer Salary ₹4.8 Lakhs to ₹12.5 Lakhs per year
Fresher as a Probationary Clerk Salary ₹4 Lakhs to ₹5.1 Lakhs per year
Fresher as a Clerk Salary ₹4 Lakhs to ₹5.5 Lakhs per year
Fresher as a Process Associate Salary ₹1.8 Lakhs to ₹2.4 Lakhs per year

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Average annual salary in South Indian Bank , Mumbai is INRunlock blur . Salary estimates are based on 222 South Indian Bank latest salaries received from various employees of South Indian Bank.

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