South Indian Bank Probationary Manager Salaries by 2 Employees

3 - 4 years exp.

₹7.2 Lakhs - ₹9.2 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Lakhs

Variable

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Last Updated: 9 Mar 2024

Companies similar to South Indian Bank for Probationary Manager

Company name	Avg Annual Salary	Open Jobs
City Union Bank Probationary Manager Salary 0 - 11 years exp. (5 salaries)	₹3.2 L/yr - ₹9.5 L/yr 15% less
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Capital Trust Probationary Manager Salary 4 - 7 years exp. (3 salaries)	₹1.4 L/yr - ₹1.8 L/yr 81% less

Probationary Manager salary at South Indian Bank ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 2 latest salaries received from various employees of South Indian Bank.

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Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Full Time

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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.

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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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Assistant Manager Operations in Chennai

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Only salary and allowance at par with IBA till date.....

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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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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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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South Indian Bank Probationary Manager Salary FAQs

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

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

Experience	Average Salary Range
3 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
4 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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South Indian Bank Probationary Manager Salaries

South Indian Bank Probationary Manager salary in India ranges between ₹7.2 Lakhs to ₹9.2 Lakhs. This is an estimate based on latest salaries received from employees of South Indian Bank.