South Indian Bank Officer Grade 1 Salaries by 4 Employees (Updated 2025)

0 - 6 years exp.

₹6 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Officer Grade 1 Salary in Banking Companies for 0 - 6 years of experience

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Last Updated: 31 Jul 2024

Companies similar to South Indian Bank for Officer Grade 1

Company name	Avg Annual Salary	Open Jobs
Federal Bank Officer Grade 1 Salary 0 - 3 years exp. (33 salaries)	₹6.1 L/yr - ₹13 L/yr 53% more
Karnataka Bank Officer Grade 1 Salary 0 - 10 years exp. (13 salaries)	₹6 L/yr - ₹14 L/yr 44% more
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CSB Bank Officer Grade 1 Salary 2 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr 65% less
DBS Bank Officer Grade 1 Salary 5 - 7 years exp. (5 salaries)	₹3.3 L/yr - ₹9 L/yr 2% more
the Nainital Bank Officer Grade 1 Salary 2 - 10 years exp. (4 salaries)	₹7.2 L/yr - ₹10 L/yr 25% more
Axis Bank Officer Grade 1 Salary 0 - 4 years exp. (20 salaries)	₹1.8 L/yr - ₹2.8 L/yr 63% less
Canara Bank Officer Grade 1 Salary 2 - 12 years exp. (23 salaries)	₹8.5 L/yr - ₹15 L/yr 62% more
IndusInd Bank Officer Grade 1 Salary 0 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹3 L/yr 61% less
HDFC Bank Officer Grade 1 Salary 1 - 6 years exp. (6 salaries)	₹2 L/yr - ₹2.7 L/yr 65% less
RBL Bank Officer Grade 1 Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.1 L/yr 63% less
Jana Small Finance Bank Officer Grade 1 Salary 0 - 2 years exp. (4 salaries)	₹1.7 L/yr - ₹2.7 L/yr 71% less
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Bandhan Bank Officer Grade 1 Salary 3 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹1.9 L/yr 73% less

Officer Grade 1 salary at South Indian Bank ranges between ₹6 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Officer Grade 1 salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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2 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
4 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹12.7 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8 L/yr

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Salary related reviews for South Indian Bank

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 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

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

1w (edited)

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 my previous org.

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South Indian Bank Officer Grade 1 Salary FAQs

What is the salary of Officer Grade 1 at South Indian Bank?

Officer Grade 1 salary at South Indian Bank in India ranges between ₹6.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 16% more than the average Officer Grade 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank India.

How does the salary of a Officer Grade 1 at South Indian Bank India compare with the average salary range for this job?

The average salary of a Officer Grade 1 at South Indian Bank is 16% more than the average salary of a Officer Grade 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Officer Grade 1 in India?

Canara Bank Officer Grade 1 Salary - ₹8.5 Lakhs to ₹15.0 Lakhs per year
Federal Bank Officer Grade 1 Salary - ₹6.1 Lakhs to ₹13.0 Lakhs per year
Karnataka Bank Officer Grade 1 Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
the Nainital Bank Officer Grade 1 Salary - ₹7.2 Lakhs to ₹10.0 Lakhs per year
DBS Bank Officer Grade 1 Salary - ₹3.3 Lakhs to ₹9.0 Lakhs per year

What is the salary of a Officer Grade 1 in companies similar to South Indian Bank in India?

IndusInd Bank Officer Grade 1 Salary - ₹2.3 Lakhs to ₹3.0 Lakhs per year
Axis Bank Officer Grade 1 Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year
RBL Bank Officer Grade 1 Salary - ₹2.4 Lakhs to ₹3.1 Lakhs per year
HDFC Bank Officer Grade 1 Salary - ₹2.0 Lakhs to ₹2.7 Lakhs per year
CSB Bank Officer Grade 1 Salary - ₹2.2 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Officer Grade 1 at South Indian Bank in India?

The estimated take-home salary of a Officer Grade 1 at South Indian Bank ranges between ₹51,739 per month to ₹52,959 per month in India. The take-home salary calculation is based on the average South Indian Bank Officer Grade 1 salary in India which ranges between ₹6.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Officer Grade 1 at South Indian Bank?

According to AmbitionBox, 100% of the South Indian Bank Officer Grade 1s 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 Officer Grade 1 Salaries

South Indian Bank Officer Grade 1 salary in India ranges between ₹6 Lakhs to ₹8 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.