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South Indian Bank Officer Scale 1 salaries in India

Annual salary range
2 - 6 years exp.
₹7 Lakhs - ₹10.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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10% more than the average Officer Scale 1 Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Officer Scale 1 Salary
3 - 6 years exp. (5 salaries)
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₹7 L/yr - ₹8.4 L/yr

Legal & Regulatory
Officer Scale 1 Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹9.3 L/yr - ₹10 L/yr

Finance & Accounting
Officer Scale 1 Salary
2 years exp. (AmbitionBox Estimate)
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₹8.3 L/yr - ₹10 L/yr

Last Updated: 1 Oct 2023

Companies similar to South Indian Bank for Officer Scale 1

Company name Avg Annual Salary Open Jobs
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ICICI Bank Officer Scale 1 Salary

0 - 3 years exp. (34 salaries)

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₹1.1 L/yr - ₹3.2 L/yr

arrow icon 72% less
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Federal Bank Officer Scale 1 Salary

0 - 2 years exp. (14 salaries)

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₹6.2 L/yr - ₹10 L/yr

arrow icon 5% more
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Karnataka Bank Officer Scale 1 Salary

0 - 10 years exp. (30 salaries)

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₹6 L/yr - ₹13.3 L/yr

arrow icon 9% more
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Canara Bank Officer Scale 1 Salary

2 - 10 years exp. (14 salaries)

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₹6.7 L/yr - ₹15 L/yr

arrow icon 15% more
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Karur Vysya Bank Officer Scale 1 Salary

1 - 11 years exp. (6 salaries)

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₹5.5 L/yr - ₹12.2 L/yr

arrow icon 7% more
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the Nainital Bank Officer Scale 1 Salary

0 - 9 years exp. (5 salaries)

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₹7 L/yr - ₹9 L/yr

arrow icon 13% less
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Union Bank of India Officer Scale 1 Salary

0 - 6 years exp. (4 salaries)

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₹6 L/yr - ₹8.6 L/yr

arrow icon 16% less
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City Union Bank Officer Scale 1 Salary

3 - 8 years exp. (4 salaries)

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₹7 L/yr - ₹9 L/yr

arrow icon 8% less
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DBS Bank Officer Scale 1 Salary

5 - 7 years exp. (3 salaries)

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₹5 L/yr - ₹5.4 L/yr

arrow icon 43% less
Officer Scale 1 salary at South Indian Bank ranges between ₹7 Lakhs to ₹10.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 9 latest salaries received from various employees of South Indian Bank.

Latest annual salaries shared by South Indian Bank Officer Scale 1

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Experience wise South Indian Bank Officer Scale 1 salaries

Last Updated: 1 Oct 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹10 L/yr
3 years  (3 salaries)

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₹7.7 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)

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₹7 L/yr - ₹16.1 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹10.4 L/yr
6 years (AmbitionBox Estimate)

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₹7 L/yr - ₹15.6 L/yr

Similar Designation salaries in South Indian Bank

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₹5 L/yr - ₹13 L/yr
Clerk Salary
(77 salaries)
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₹2 L/yr - ₹7 L/yr
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₹2 L/yr - ₹8 L/yr
Chief Manager Salary
(40 salaries)
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₹14.15 L/yr - ₹26 L/yr
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₹1.8 L/yr - ₹2.5 L/yr
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₹1.75 L/yr - ₹3 L/yr
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₹2 L/yr - ₹8 L/yr
Sales Executive Salary
(25 salaries)
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₹1.45 L/yr - ₹3 L/yr
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₹1.2 L/yr - ₹2.56 L/yr
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₹9.6 L/yr - ₹18 L/yr

Salary related reviews for South Indian Bank

4.4

Rated by 2 employees for salary & benefits

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

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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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Full Time

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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.

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Dislikes

Sometime too much of regulations and rules hurt the business

Full Time

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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.

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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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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 20 Jan 2023

4.0
 for  Salary and Benefits

Likes

The salary and other benefits like medical insurance, allowances etc are very good compare to other private banks.

read more

Dislikes

You won't be recognized for the work you do, since its commercial banking there will be too much pressure from seniors to complete the targets.

read more
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South Indian Bank Officer Scale 1 Salary FAQs

What is the salary of Officer Scale 1 at South Indian Bank?
Officer Scale 1 salary at South Indian Bank in India ranges between ₹7.0 Lakhs to ₹10.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 10% more than the average Officer Scale 1 Salary in India. Salary estimates are based on 9 latest salaries received from various employees of South Indian Bank India.
How does the salary of a Officer Scale 1 at South Indian Bank India compare with the average salary range for this job?
The average salary of a Officer Scale 1 at South Indian Bank is 10% more than the average salary of a Officer Scale 1 in India. To know exact salary insights, login to view.
Which similar companies are paying more than South Indian Bank to a Officer Scale 1 in India?
  • Canara Bank Officer Scale 1 Salary - ₹6.7 Lakhs to ₹15.0 Lakhs per year
  • Karnataka Bank Officer Scale 1 Salary - ₹6.0 Lakhs to ₹13.3 Lakhs per year
  • Karur Vysya Bank Officer Scale 1 Salary - ₹5.5 Lakhs to ₹12.2 Lakhs per year
  • Federal Bank Officer Scale 1 Salary - ₹6.2 Lakhs to ₹10.0 Lakhs per year
What is the salary of a Officer Scale 1 in companies similar to South Indian Bank in India?
  • City Union Bank Officer Scale 1 Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year
  • the Nainital Bank Officer Scale 1 Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year
  • Union Bank of India Officer Scale 1 Salary - ₹6.0 Lakhs to ₹8.6 Lakhs per year
  • DBS Bank Officer Scale 1 Salary - ₹5.0 Lakhs to ₹5.4 Lakhs per year
  • ICICI Bank Officer Scale 1 Salary - ₹1.1 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Officer Scale 1 at South Indian Bank in India?
The estimated take-home salary of a Officer Scale 1 at South Indian Bank ranges between ₹65,836 per month to ₹67,518 per month in India. The take-home salary calculation is based on the average South Indian Bank Officer Scale 1 salary in India which ranges between ₹7.0 Lakhs to ₹10.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Officer Scale 1 at South Indian Bank?
According to AmbitionBox, 50% of the South Indian Bank Officer Scale 1s reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

South Indian Bank Officer Scale 1 salary in India ranges between ₹7 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 South Indian Bank latest salaries received from various employees of South Indian Bank.