South Indian Bank Operations Manager Salaries by 4 Employees (Updated 2025)

5 - 10 years exp.

₹9.9 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

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7% more than the average Operations Manager Salary in Banking Companies for 5 - 10 years of experience

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Last Updated: 1 Sep 2024

Companies similar to South Indian Bank for Operations Manager

Company name	Avg Annual Salary	Open Jobs
Federal Bank Operations Manager Salary 3 - 12 years exp. (10 salaries)	Unlock ₹5 L/yr - ₹16 L/yr 7% more
Karur Vysya Bank Operations Manager Salary 1 - 11 years exp. (9 salaries)	Unlock ₹2.7 L/yr - ₹9.1 L/yr 52% less
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City Union Bank Operations Manager Salary 2 - 6 years exp. (7 salaries)	Unlock ₹4.8 L/yr - ₹9.5 L/yr 50% less
Karnataka Bank Operations Manager Salary 5 - 19 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹20 L/yr 16% more
Dhanlaxmi Bank Operations Manager Salary 6 - 25 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹15 L/yr 27% less
CSB Bank Operations Manager Salary 1 - 10 years exp. (19 salaries)	Unlock ₹3.2 L/yr - ₹9.1 L/yr 49% less
DBS Bank Operations Manager Salary 3 - 17 years exp. (26 salaries)	Unlock ₹5.2 L/yr - ₹13.4 L/yr 23% less
Tamilnad Mercantile Bank Operations Manager Salary 10 - 12 years exp. (3 salaries)	Unlock ₹12 L/yr - ₹16 L/yr 21% more
the Nainital Bank Operations Manager Salary 3 - 6 years exp. (4 salaries)	Unlock ₹8 L/yr - ₹11 L/yr 20% less
HDFC Bank Operations Manager Salary 0 - 18 years exp. (704 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 33% less
ICICI Bank Operations Manager Salary 0 - 13 years exp. (498 salaries)	Unlock ₹2.5 L/yr - ₹11.4 L/yr 41% less
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Axis Bank Operations Manager Salary 3 - 14 years exp. (466 salaries)	Unlock ₹2.8 L/yr - ₹12.5 L/yr 34% less
Kotak Mahindra Bank Operations Manager Salary 3 - 13 years exp. (253 salaries)	Unlock ₹2 L/yr - ₹10 L/yr 43% less
IDFC FIRST Bank Operations Manager Salary 1 - 11 years exp. (239 salaries)	Unlock ₹2.8 L/yr - ₹12 L/yr 40% less
Yes Bank Operations Manager Salary 1 - 16 years exp. (154 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 32% less
IndusInd Bank Operations Manager Salary 1 - 14 years exp. (165 salaries)	Unlock ₹2 L/yr - ₹10 L/yr 48% less
RBL Bank Operations Manager Salary 5 - 13 years exp. (85 salaries)	Unlock ₹3.8 L/yr - ₹12 L/yr 38% less
Jana Small Finance Bank Operations Manager Salary 1 - 10 years exp. (79 salaries)	Unlock ₹1.8 L/yr - ₹8 L/yr 66% less
Ujjivan Small Finance Bank Operations Manager Salary 3 - 12 years exp. (47 salaries)	Unlock ₹2.8 L/yr - ₹10 L/yr 57% less	1 job opening
Bandhan Bank Operations Manager Salary 3 - 12 years exp. (55 salaries)	Unlock ₹2.5 L/yr - ₹10.1 L/yr 46% less

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Operations Manager salary at South Indian Bank ranges between ₹9.9 Lakhs to ₹13 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Operations Manager salaries

Last Updated: 1 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹23 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹13 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹10.6 L/yr - ₹13.6 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹10.2 L/yr - ₹13 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹9.9 L/yr - ₹19.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹11 L/yr

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Salary related reviews for South Indian Bank

4.2

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

2w (edited)

an associate vice president

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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 Operations Manager Salary FAQs

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

Operations Manager salary at South Indian Bank in India ranges between ₹9.9 Lakhs to ₹13.0 Lakhs for experience between 5 years to 10 years. According to our estimates it is 7% more than the average Operations Manager 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 Operations Manager at South Indian Bank India compare with the average salary range for this job?

The average salary of a Operations Manager at South Indian Bank is 7% more than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

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

Mashreq Bank Operations Manager Salary - ₹9.7 Lakhs to ₹25.6 Lakhs per year
HSBC Global Banking and Markets Operations Manager Salary - ₹8.5 Lakhs to ₹19.2 Lakhs per year
Union Bank of India Operations Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
IDBI Bank Operations Manager Salary - ₹6.0 Lakhs to ₹23.0 Lakhs per year
Tamilnad Mercantile Bank Operations Manager Salary - ₹12.0 Lakhs to ₹16.0 Lakhs per year

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

Karnataka Bank Operations Manager Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
Canara Bank Operations Manager Salary - ₹12.0 Lakhs to ₹13.5 Lakhs per year
Federal Bank Operations Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
The Saraswat Co-operative Bank Operations Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
the Nainital Bank Operations Manager Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Operations Manager at South Indian Bank ranges between ₹82,414 per month to ₹84,565 per month in India. The take-home salary calculation is based on the average South Indian Bank Operations Manager salary in India which ranges between ₹9.9 Lakhs to ₹13.0 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the South Indian Bank Operations Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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South Indian Bank Operations Manager Salaries

South Indian Bank Operations Manager salary in India ranges between ₹9.9 Lakhs to ₹13 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.