South Indian Bank New Delhi Probationary Officer Salaries by 10+ Employees (Updated 2024)

0 - 3 years exp.

₹7 Lakhs - ₹11 Lakhs

Salary of majority employees

10% more than the average Probationary Officer Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Probationary Officer Salary 0 - 1 year exp. (3 salaries)	₹9 L/yr - ₹11 L/yr
BFSI, Investments & Trading Probationary Officer Salary 1 year exp. (AmbitionBox Estimate)	₹10 L/yr - ₹10.5 L/yr
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Data Science & Analytics Probationary Officer Salary 2 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.9 L/yr
Finance & Accounting Probationary Officer Salary 1 year exp. (AmbitionBox Estimate)	₹10 L/yr - ₹10.6 L/yr

Last Updated: 8 Nov 2024

Companies similar to South Indian Bank for Probationary Officer in New Delhi

South Indian Bank Probationary Officer Salary

0 - 3 years exp. (14 salaries)

₹7 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Probationary Officer Salary 0 - 4 years exp. (6 salaries)	₹2.3 L/yr - ₹4.5 L/yr 64% less
Federal Bank Probationary Officer Salary 0 - 2 years exp. (21 salaries)	₹5.5 L/yr - ₹15 L/yr 15% more
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Canara Bank Probationary Officer Salary 1 - 10 years exp. (7 salaries)	₹3.5 L/yr - ₹11 L/yr 17% less
State Bank of India Probationary Officer Salary 0 - 4 years exp. (12 salaries)	₹5 L/yr - ₹18 L/yr At par
Bank of Baroda Probationary Officer Salary 2 - 10 years exp. (5 salaries)	₹10 L/yr - ₹12.5 L/yr 9% more

Probationary Officer salary at South Indian Bank ranges between ₹7 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 14 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Probationary Officer salaries in New Delhi

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹8 L/yr - ₹11 L/yr
1 year (6 salaries)	₹7 L/yr - ₹18.9 L/yr
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2 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹19 L/yr
3 years (AmbitionBox Estimate)	₹8 L/yr - ₹19.1 L/yr

From

Probationary Officer

₹

Lakhs/yr

0 - 3 years exp.

Chief Manager

₹

Lakhs/yr

10 - 17 years exp.

Probationary Officer 0 - 3 years exp.

Assistant Manager 2 - 11 years exp.

11% hike

Manager 6 - 14 years exp.

45% hike

Similar Designation salaries in South Indian Bank

Clerk Salary

(8 salaries)

₹2.2 L/yr - ₹7 L/yr

Customer Service Executive Salary

(7 salaries)

₹5 L/yr - ₹7.5 L/yr

Chief Manager Salary

(6 salaries)

₹21 L/yr - ₹26 L/yr

Sales Executive Salary

(5 salaries)

₹2.16 L/yr - ₹3 L/yr

Customer Service Associate Salary

(4 salaries)

₹5.04 L/yr - ₹8 L/yr

Salary related reviews for South Indian Bank

3.6

Rated by 6 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

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

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

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.

Dislikes

Sometime too much of regulations and rules hurt the business

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.

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.

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.

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.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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South Indian Bank Probationary Officer Salary FAQs

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

Probationary Officer salary at South Indian Bank in New Delhi ranges between ₹7.0 Lakhs to ₹11.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 10% more than the average Probationary Officer Salary in India. Salary estimates are based on 14 latest salaries received from various employees of South Indian Bank New Delhi.

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

The average salary of a Probationary Officer at South Indian Bank is 10% more than the average salary of a Probationary Officer in New Delhi. To know exact salary insights, login to view.

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

Federal Bank Probationary Officer Salary - ₹5.5 Lakhs to ₹15.0 Lakhs per year
Bank of Baroda Probationary Officer Salary - ₹10.0 Lakhs to ₹12.5 Lakhs per year
State Bank of India Probationary Officer Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year

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

Canara Bank Probationary Officer Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
ICICI Bank Probationary Officer Salary - ₹2.3 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Probationary Officer at South Indian Bank ranges between ₹75,550 per month to ₹77,507 per month in New Delhi. The take-home salary calculation is based on the average South Indian Bank Probationary Officer salary in India which ranges between ₹7.0 Lakhs to ₹11.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 78% of the South Indian Bank Probationary Officers in New Delhi reported a notice period of 3 Months, 22% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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South Indian Bank Probationary Officer Salaries in New Delhi

South Indian Bank Probationary Officer salary in New Delhi ranges between ₹7 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 South Indian Bank latest salaries received from various employees of South Indian Bank.