South Indian Bank Mumbai Probationary Officer Salaries by 10+ Employees (Updated 2025)

0 - 2 years exp.

₹8 Lakhs - ₹12.5 Lakhs

Salary of majority employees

At par with the average Probationary Officer Salary in Banking Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting Probationary Officer Salary 0 - 1 year exp. (4 salaries)	₹8 L/yr - ₹12.5 L/yr
Customer Success, Service & Operations Probationary Officer Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹12.5 L/yr
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BFSI, Investments & Trading Probationary Officer Salary Fresher (AmbitionBox Estimate)	₹10 L/yr - ₹10.3 L/yr

Last Updated: 14 Feb 2025

Companies similar to South Indian Bank for Probationary Officer in Mumbai

South Indian Bank Probationary Officer Salary

0 - 2 years exp. (11 salaries)

₹8 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Probationary Officer Salary 0 - 2 years exp. (10 salaries)	₹4 L/yr - ₹5.5 L/yr 58% less
Federal Bank Probationary Officer Salary 0 - 3 years exp. (31 salaries)	₹6 L/yr - ₹15 L/yr 22% more
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State Bank of India Probationary Officer Salary 0 - 5 years exp. (5 salaries)	₹6 L/yr - ₹18 L/yr 43% more
StockHolding Services Probationary Officer Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 76% less
UCO Bank Probationary Officer Salary 1 - 2 years exp. (3 salaries)	₹5.2 L/yr - ₹6.8 L/yr 36% less

Probationary Officer salary at South Indian Bank ranges between ₹8 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 11 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Probationary Officer salaries in Mumbai

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹10 L/yr - ₹12.5 L/yr
1 year (7 salaries)	₹8 L/yr - ₹12.5 L/yr
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2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹10.5 L/yr

From

Probationary Officer

₹

Lakhs/yr

0 - 2 years exp.

Chief Manager

₹

Lakhs/yr

10 - 17 years exp.

Probationary Officer 0 - 2 years exp.

Assistant Manager 2 - 11 years exp.

16% hike

Manager 6 - 14 years exp.

45% hike

Similar Designation salaries in South Indian Bank

Relationship Manager Salary

(5 salaries)

₹10 L/yr - ₹20 L/yr

Analyst Salary

(3 salaries)

₹9 L/yr - ₹10 L/yr

Salary related reviews for South Indian Bank

4.0

Rated by 2 employees for salary & benefits

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

Probationary Officer in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 16 Jan 2023

5.0

for Salary and Benefits

Likes

Salary they provide intial phase of career is nice

Salary - Excellent

Dislikes

Business they will ask it depends upon manager also how they give targets and all ..but it is very frustration to do operation part as well as business targets

Skill development - Poor

+2 more

Probationary Officer in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 10 Mar 2022

5.0

for Salary and Benefits

Likes

In my case, very co-operative environment since the date of joining.

Salary - Excellent

+3 more

Dislikes

Compensation is decent. Organization doesn't focus much on development of an individual. Transfers are also unpredictable for probationers. Bond amount is a bit too high. Workplace lags behind the competitors on grounds of basic resources at branch-level.

Promotions - Poor

+1 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

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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 Probationary Officer Salary FAQs

What is the salary of Probationary Officer at South Indian Bank Mumbai?

Probationary Officer salary at South Indian Bank in Mumbai ranges between ₹8.0 Lakhs to ₹12.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 3% more than the average Probationary Officer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of South Indian Bank Mumbai.

How does the salary of a Probationary Officer at South Indian Bank Mumbai compare with the average salary range for this job?

The average salary of a Probationary Officer at South Indian Bank is 3% more than the average salary of a Probationary Officer in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Probationary Officer in Mumbai?

State Bank of India Probationary Officer Salary - ₹6.0 Lakhs to ₹18.0 Lakhs per year
Federal Bank Probationary Officer Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Probationary Officer in companies similar to South Indian Bank in Mumbai?

UCO Bank Probationary Officer Salary - ₹5.2 Lakhs to ₹6.8 Lakhs per year
ICICI Bank Probationary Officer Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
StockHolding Services Probationary Officer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Probationary Officer at South Indian Bank ranges between ₹75,060 per month to ₹77,003 per month in Mumbai. The take-home salary calculation is based on the average South Indian Bank Probationary Officer salary in India which ranges between ₹8.0 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Probationary Officer at South Indian Bank in Mumbai?

According to AmbitionBox, 75% of the South Indian Bank Probationary Officers in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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South Indian Bank Probationary Officer Salaries in Mumbai

South Indian Bank Probationary Officer salary in Mumbai ranges between ₹8 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 South Indian Bank latest salaries received from various employees of South Indian Bank.