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South Indian Bank Regional Sales Manager salaries in Mumbai

Annual salary range
7 - 8 years exp.
₹12.5 Lakhs - ₹18 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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12% less than the average Regional Sales Manager Salary in Banking Companies for 7 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Regional Sales Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹12.5 L/yr - ₹14 L/yr

BFSI, Investments & Trading
Regional Sales Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹16.1 L/yr - ₹18 L/yr

Last Updated: 16 Mar 2023

Companies similar to South Indian Bank for Regional Sales Manager in Mumbai

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South Indian Bank Regional Sales Manager Salary

7 - 8 years exp. (4 salaries)

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₹12.5 L/yr - ₹18 L/yr

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Company name Avg Annual Salary Open Jobs
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IndusInd Bank Regional Sales Manager Salary

12 - 23 years exp. (29 salaries)

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₹14.3 L/yr - ₹30 L/yr

arrow icon 54% more
8 job openings
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Axis Bank Regional Sales Manager Salary

11 - 20 years exp. (21 salaries)

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₹12 L/yr - ₹27 L/yr

arrow icon 34% more
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₹13.3 L/yr - ₹29 L/yr

arrow icon 36% more
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Yes Bank Regional Sales Manager Salary

12 - 19 years exp. (11 salaries)

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₹13.5 L/yr - ₹33.5 L/yr

arrow icon 56% more
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Bandhan Bank Regional Sales Manager Salary

15 - 23 years exp. (9 salaries)

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₹19.7 L/yr - ₹26 L/yr

arrow icon 54% more
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ICICI Bank Regional Sales Manager Salary

10 - 14 years exp. (7 salaries)

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₹8 L/yr - ₹21.9 L/yr

arrow icon 16% less
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₹9 L/yr - ₹18 L/yr

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HDFC Bank Regional Sales Manager Salary

12 - 22 years exp. (6 salaries)

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₹16 L/yr - ₹40 L/yr

arrow icon 108% more
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IDFC FIRST Bank Regional Sales Manager Salary

8 - 22 years exp. (5 salaries)

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₹19 L/yr - ₹26.5 L/yr

arrow icon 54% more
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RBL Bank Regional Sales Manager Salary

10 - 19 years exp. (3 salaries)

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₹14 L/yr - ₹23.5 L/yr

arrow icon 23% more
Regional Sales Manager salary at South Indian Bank ranges between ₹12.5 Lakhs to ₹18 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Regional Sales Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹13 L/yr - ₹16.6 L/yr
8 years  (3 salaries)

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₹12.5 L/yr - ₹18 L/yr

Similar Designation salaries in South Indian Bank

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₹10 L/yr - ₹20 L/yr
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₹9 L/yr - ₹14 L/yr

Salary related reviews for South Indian Bank

4.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +1 more

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

read more
  • Skill development - Bad
  • +5 more

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

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  • Skill development - Poor
  • +3 more

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

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 24 Mar 2025

5.0
 for  Salary and Benefits

Likes

Salary and other allowances

  • Salary - Excellent
  • +2 more

Dislikes

Work culture, constant transfers, to much of target pressure and malayalees groupism. There is job security but there won't be peace of mind after joining there. You will resign after going through a extenst

read more
  • Work satisfaction - Bad
  • +2 more
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South Indian Bank Regional Sales Manager Salary FAQs

What is the salary of Regional Sales Manager at South Indian Bank in Mumbai?
The average salary of a Regional Sales Manager at South Indian Bank in Mumbai typically ranges from ₹12.5 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 7 years to 8 years).

The top 10% of Regional Sales Manager in Mumbai at South Indian Bank earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Regional Sales Manager 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 4 South Indian Bank employees in India.
What is the estimated take home salary of a Regional Sales Manager at South Indian Bank in Mumbai?
The estimated take-home salary of a Regional Sales Manager at South Indian Bank in Mumbai typically ranges from ₹1,08,324 to ₹1,11,314 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 7 years to 8 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 4 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 Regional Sales Manager in India?
HDFC Bank ₹16.0 Lakhs to ₹40.0 Lakhs per year
Yes Bank ₹13.5 Lakhs to ₹33.5 Lakhs per year
IndusInd Bank ₹14.3 Lakhs to ₹30.0 Lakhs per year
Bandhan Bank ₹19.7 Lakhs to ₹26.0 Lakhs per year
IDFC FIRST Bank ₹19.0 Lakhs to ₹26.5 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 Regional Sales Manager in companies similar to South Indian Bank in Mumbai?
The salary of a Regional Sales Manager at companies similar to South Indian Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹13.3 Lakhs to ₹29.0 Lakhs per year
Axis Bank ₹12.0 Lakhs to ₹27.0 Lakhs per year
RBL Bank ₹14.0 Lakhs to ₹23.5 Lakhs per year
Utkarsh Small Finance Bank ₹9.0 Lakhs to ₹18.0 Lakhs per year
ICICI Bank ₹8.0 Lakhs to ₹21.9 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 Regional Sales Manager at South Indian Bank in Mumbai?
The salary growth for a Regional Sales Manager at South Indian Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Regional Sales Manager in Mumbai can expect the following growth trajectory at South Indian Bank:

Experience Average Salary Range
7 years ₹13.0 Lakhs to ₹16.6 Lakhs per year
8 years ₹12.5 Lakhs to ₹18.0 Lakhs per year
and so on.

Tell us how to improve this page.

South Indian Bank Regional Sales Manager salary in Mumbai ranges between ₹12.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 South Indian Bank latest salaries received from various employees of South Indian Bank.