South Indian Bank Probationary Clerk Salaries by 30+ Employees

0 - 2 years exp.

₹4 Lakhs - ₹5.6 Lakhs

Salary of majority employees

20% more than the average Probationary Clerk Salary in Banking Companies for 0 - 2 years of experience

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Salaries in different departments

Administration & Facilities Probationary Clerk Salary 1 - 2 years exp. (4 salaries)	₹4.2 L/yr - ₹5.6 L/yr
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Finance & Accounting Probationary Clerk Salary 1 year exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.7 L/yr

Last Updated: 19 Nov 2024

Companies similar to South Indian Bank for Probationary Clerk

Company name	Avg Annual Salary	Open Jobs
City Union Bank Probationary Clerk Salary 0 - 4 years exp. (22 salaries)	₹2 L/yr - ₹5 L/yr 30% less
Karnataka Bank Probationary Clerk Salary Fresher (4 salaries)	₹4.4 L/yr - ₹5.3 L/yr 5% more
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Canara Bank Probationary Clerk Salary 2 - 3 years exp. (3 salaries)	₹2.3 L/yr - ₹3.9 L/yr 37% less
Tamilnad Mercantile Bank Probationary Clerk Salary 0 - 1 year exp. (6 salaries)	₹3.8 L/yr - ₹6.2 L/yr 9% more
The Surat District Co-Op. Bank Probationary Clerk Salary 3 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr 62% less

Probationary Clerk salary at South Indian Bank ranges between ₹4 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 31 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Probationary Clerk salaries

Last Updated: 19 Nov 2024

Experience	Avg Annual Salary
Fresher (25 salaries)	₹4 L/yr - ₹5.1 L/yr
1 year (4 salaries)	₹4 L/yr - ₹5.6 L/yr
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2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.6 L/yr

Similar Designation salaries in South Indian Bank

Bank Clerk Salary

(25 salaries)

₹3 L/yr - ₹6.6 L/yr

Personal Banker Salary

(3 salaries)

₹8 L/yr - ₹10 L/yr

Clerk Salary

(50 salaries)

₹2.2 L/yr - ₹7 L/yr

Data Entry Operator Salary

(8 salaries)

₹0.6 L/yr - ₹2.25 L/yr

Relationship Officer Salary

(5 salaries)

₹1.55 L/yr - ₹3 L/yr

Relationship Manager Salary

(25 salaries)

₹8 L/yr - ₹20 L/yr

Sales Manager Salary

(9 salaries)

₹9.2 L/yr - ₹13 L/yr

Junior Officer Salary

(3 salaries)

₹7.1 L/yr - ₹9.1 L/yr

Teller Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Banking Officer Salary

(12 salaries)

₹1.8 L/yr - ₹9 L/yr

Salary related reviews for South Indian Bank

4.5

Rated by 5 employees for salary & benefits

Probationary Clerk in Alappuzha

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Feb 2023

4.0

for Salary and Benefits

Likes

Probably salary and its benefits are the only good things. Other than that some helpful employees who help you taking into consideration that you are a fresher.

Salary - Good

+1 more

Dislikes

Have worked as a probationary clerk for 7 months. I had to quit due to the poor worklife balance. Some managers take undue advantage of the freshers and my manager made me work till 8:30 whereas the banking hour is only till 5pm. Overall, the management and culture of SIB is not good. I'm glad that i resigned.

Work satisfaction - Bad

+2 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

Clerk in New Delhi

clerk Department

4.0

• posted on 19 Mar 2022

4.0

for Salary and Benefits

Likes

...is nice but work load is imense they should keep the working hour max 8 hours ..it’s really necessary for mental health…otherwise job security is there and also you get paid on time

Salary - Good

+5 more

Dislikes

Working hours…they expect you to be there at the bank for more than 9 hour

Clerk in Jabalpur

Customer Success, Service & Operations Department

4.0

• posted on 21 Jun 2019

5.0

for Salary and Benefits

Likes

... learn here. Just like other banks, work pressure is always there at every post. Salary is satisfactory. There is unity among staff members.

Salary - Excellent

+6 more

Dislikes

A lot of pressure for marketing of third party products.

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

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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South Indian Bank Probationary Clerk Salary FAQs

What is the salary of Probationary Clerk at South Indian Bank ?

The average salary of a Probationary Clerk at South Indian Bank in India typically ranges from ₹4.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Probationary Clerk at South Indian Bank earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Probationary Clerk 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 estimates are based on salary data submitted by 30+ South Indian Bank employees in India.

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

The estimated take-home salary of a Probationary Clerk at South Indian Bank in India typically ranges from ₹35,945 to ₹37,170 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from Fresher to 2 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of South Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than South Indian Bank for Probationary Clerk in India?

Tamilnad Mercantile Bank	₹3.8 Lakhs to ₹6.2 Lakhs per year
Karnataka Bank	₹4.4 Lakhs to ₹5.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by South Indian Bank, depending on the role and experience level.

What is the salary of a Probationary Clerk in companies similar to South Indian Bank in India?

The salary of a Probationary Clerk at companies similar to South Indian Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

City Union Bank	₹2.0 Lakhs to ₹5.0 Lakhs per year
Canara Bank	₹2.3 Lakhs to ₹3.9 Lakhs per year
The Surat District Co-Op. Bank	₹1.6 Lakhs to ₹2.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Probationary Clerk at South Indian Bank in India?

The salary growth for a Probationary Clerk at South Indian Bank depends on factors such as experience, performance, and promotions. On average, a Probationary Clerk can expect the following growth trajectory at South Indian Bank:

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹5.1 Lakhs per year
1 year	₹4.0 Lakhs to ₹5.6 Lakhs per year
2 years	₹4.2 Lakhs to ₹5.6 Lakhs per year

and so on.

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South Indian Bank Probationary Clerk Salaries

South Indian Bank Probationary Clerk salary in India ranges between ₹4 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 South Indian Bank latest salaries received from various employees of South Indian Bank.