South Indian Bank Mumbai Relationship Manager Salaries by 5 Employees (Updated 2025)

7 - 11 years exp.

₹10 Lakhs - ₹20 Lakhs

Salary of majority employees

195% more than the average Relationship Manager Salary in Banking Companies for 7 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹16 L/yr
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Finance & Accounting Relationship Manager Salary 10 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹16.9 L/yr

Last Updated: 17 Sep 2024

Companies similar to South Indian Bank for Relationship Manager in Mumbai

South Indian Bank Relationship Manager Salary

7 - 11 years exp. (5 salaries)

₹10 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (830 salaries)	₹2.4 L/yr - ₹11.9 L/yr 53% less	22 job openings
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.8k salaries)	₹3.5 L/yr - ₹12.9 L/yr 48% less	1 job opening
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Axis Bank Relationship Manager Salary 0 - 15 years exp. (197 salaries)	₹2.8 L/yr - ₹13.9 L/yr 50% less	6 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (460 salaries)	₹1.8 L/yr - ₹10.5 L/yr 62% less	5 job openings
Yes Bank Relationship Manager Salary 0 - 13 years exp. (158 salaries)	₹3.2 L/yr - ₹14.1 L/yr 48% less	12 job openings
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (213 salaries)	₹3.5 L/yr - ₹13.2 L/yr 48% less	25 job openings
Federal Bank Relationship Manager Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.4 L/yr 80% less
IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (96 salaries)	₹2 L/yr - ₹12 L/yr 56% less	9 job openings
RBL Bank Relationship Manager Salary 0 - 10 years exp. (192 salaries)	₹1.8 L/yr - ₹7.5 L/yr 71% less	13 job openings
DCB Bank Relationship Manager Salary 0 - 11 years exp. (121 salaries)	₹2.3 L/yr - ₹6.5 L/yr 73% less	81 job openings
Jana Small Finance Bank Relationship Manager Salary 2 - 10 years exp. (47 salaries)	₹2.5 L/yr - ₹6.3 L/yr 74% less	4 job openings
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DBS Bank Relationship Manager Salary 0 - 9 years exp. (21 salaries)	₹11.8 L/yr - ₹20.5 L/yr 19% less	8 job openings
CSB Bank Relationship Manager Salary 0 - 10 years exp. (19 salaries)	₹5 L/yr - ₹9 L/yr 56% less
Bandhan Bank Relationship Manager Salary 0 - 6 years exp. (14 salaries)	₹1.9 L/yr - ₹6.9 L/yr 70% less
Ujjivan Small Finance Bank Relationship Manager Salary 3 - 9 years exp. (8 salaries)	₹3.2 L/yr - ₹8 L/yr 66% less	1 job opening
IDBI Bank Relationship Manager Salary 1 - 10 years exp. (7 salaries)	₹10.4 L/yr - ₹22 L/yr 16% less
Mashreq Bank Relationship Manager Salary 4 - 11 years exp. (4 salaries)	₹8 L/yr - ₹18 L/yr 10% less
HSBC Global Banking and Markets Relationship Manager Salary 2 - 6 years exp. (4 salaries)	₹29.3 L/yr - ₹35 L/yr 113% more
Karur Vysya Bank Relationship Manager Salary 1 - 10 years exp. (3 salaries)	₹6 L/yr - ₹10.2 L/yr 45% less	4 job openings
Baroda Global Shared Services Relationship Manager Salary 3 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹3.3 L/yr 80% less

Relationship Manager salary at South Indian Bank ranges between ₹10 Lakhs to ₹20 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Relationship Manager salaries in Mumbai

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹28 L/yr
8 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
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9 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹29.3 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹20 L/yr

From

Relationship Manager

₹

Lakhs/yr

3 - 11 years exp.

Chief Manager

₹

Lakhs/yr

10 - 17 years exp.

Relationship Manager 3 - 11 years exp.

Manager 6 - 14 years exp.

27% hike

Senior Manager 7 - 16 years exp.

13% hike

Similar Designation salaries in South Indian Bank

Sales Executive Salary

(5 salaries)

₹2.05 L/yr - ₹2.5 L/yr

Area Sales Manager Salary

(3 salaries)

₹9 L/yr - ₹14 L/yr

Salary related reviews for South Indian Bank

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

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

Assistant Manager Operations in Chennai

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

Skill development - Poor

+3 more

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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South Indian Bank Relationship Manager Salary FAQs

What is the salary of Relationship Manager at South Indian Bank Mumbai?

Relationship Manager salary at South Indian Bank in Mumbai ranges between ₹10.0 Lakhs to ₹20.0 Lakhs for experience between 7 years to 11 years. According to our estimates it is 195% more than the average Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of South Indian Bank Mumbai.

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

The average salary of a Relationship Manager at South Indian Bank is 195% more than the average salary of a Relationship Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Relationship Manager in Mumbai?

HSBC Global Banking and Markets Relationship Manager Salary - ₹29.3 Lakhs to ₹35.0 Lakhs per year

What is the salary of a Relationship Manager in companies similar to South Indian Bank in Mumbai?

Mashreq Bank Relationship Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Relationship Manager Salary - ₹10.4 Lakhs to ₹22.0 Lakhs per year
DBS Bank Relationship Manager Salary - ₹11.8 Lakhs to ₹20.5 Lakhs per year
Karur Vysya Bank Relationship Manager Salary - ₹6.0 Lakhs to ₹10.2 Lakhs per year
IndusInd Bank Relationship Manager Salary - ₹3.5 Lakhs to ₹13.2 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at South Indian Bank ranges between ₹1,07,395 per month to ₹1,10,355 per month in Mumbai. The take-home salary calculation is based on the average South Indian Bank Relationship Manager salary in India which ranges between ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 7 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at South Indian Bank in Mumbai?

According to AmbitionBox, 100% of the South Indian Bank Relationship Managers in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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South Indian Bank Relationship Manager Salaries in Mumbai

South Indian Bank Relationship Manager salary in Mumbai ranges between ₹10 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 South Indian Bank latest salaries received from various employees of South Indian Bank.