South Indian Bank Mumbai Relationship Manager Salaries by 5 Employees

7 - 11 years exp.

₹10 Lakhs - ₹20 Lakhs

Avg. annual salary

Monthly In-hand Salary

168% 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)	₹13.3 L/yr - ₹15 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
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.9k salaries)	₹3 L/yr - ₹11.4 L/yr 44% less	3 job openings
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (829 salaries)	₹2.4 L/yr - ₹12 L/yr 49% less	69 job openings
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Kotak Mahindra Bank Relationship Manager Salary 0 - 10 years exp. (460 salaries)	₹1.8 L/yr - ₹10 L/yr 58% less	6 job openings
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (214 salaries)	₹3.5 L/yr - ₹13 L/yr 40% less	179 job openings
Axis Bank Relationship Manager Salary 0 - 15 years exp. (197 salaries)	₹3 L/yr - ₹13 L/yr 44% less	7 job openings
RBL Bank Relationship Manager Salary 0 - 10 years exp. (191 salaries)	₹2 L/yr - ₹7.5 L/yr 67% less	4 job openings
Yes Bank Relationship Manager Salary 0 - 13 years exp. (157 salaries)	₹3.6 L/yr - ₹14.1 L/yr 42% less	16 job openings
IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (101 salaries)	₹2.7 L/yr - ₹12.1 L/yr 49% less	2 job openings
Jana Small Finance Bank Relationship Manager Salary 2 - 10 years exp. (50 salaries)	₹2.5 L/yr - ₹6.3 L/yr 71% less	3 job openings
Bandhan Bank Relationship Manager Salary 0 - 6 years exp. (16 salaries)	₹1.9 L/yr - ₹6.9 L/yr 65% less
Ujjivan Small Finance Bank Relationship Manager Salary 3 - 9 years exp. (8 salaries)	₹3.2 L/yr - ₹8 L/yr 63% less	1 job opening
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IDBI Bank Relationship Manager Salary 1 - 10 years exp. (6 salaries)	₹11.5 L/yr - ₹22 L/yr 2% less
Federal Bank Relationship Manager Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3.6 L/yr 77% less
Mashreq Bank Relationship Manager Salary 4 - 11 years exp. (4 salaries)	₹8 L/yr - ₹18 L/yr At par
HSBC Global Banking and Markets Relationship Manager Salary 2 - 6 years exp. (4 salaries)	₹29.3 L/yr - ₹35 L/yr 135% more

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)	₹12.5 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.3 L/yr
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9 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
10 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
11 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr

From

Relationship Manager

₹

Lakhs/yr

3 - 13 years exp.

Chief Manager

₹

Lakhs/yr

10 - 17 years exp.

Relationship Manager

3 - 13 years exp.

Manager

6 - 14 years exp.

25% hike

Senior Manager

7 - 16 years exp.

10% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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

Customer Service Associate in Coimbatore

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

Work satisfaction - Bad

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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South Indian Bank Relationship Manager Salary FAQs

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

The average salary of a Relationship Manager at South Indian Bank in Mumbai typically ranges from ₹10.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Relationship Manager in Mumbai at South Indian Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Relationship 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 5 South Indian Bank employees in India.

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 in Mumbai typically ranges from ₹98,614 to ₹1,01,291 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 7 years to 11 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 5 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 Relationship Manager in India?

HSBC Global Banking and Markets

₹29.3 Lakhs to ₹35.0 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 Relationship Manager in companies similar to South Indian Bank in Mumbai?

The salary of a Relationship 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:

Mashreq Bank	₹8.0 Lakhs to ₹18.0 Lakhs per year
IDBI Bank	₹11.5 Lakhs to ₹22.0 Lakhs per year
IndusInd Bank	₹3.5 Lakhs to ₹13.0 Lakhs per year
Yes Bank	₹3.6 Lakhs to ₹14.1 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹11.4 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 Relationship Manager at South Indian Bank in Mumbai?

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

Experience	Average Salary Range
7 years	₹12.5 Lakhs to ₹16.0 Lakhs per year
8 years	₹12.7 Lakhs to ₹16.3 Lakhs per year
9 years	₹13.0 Lakhs to ₹16.6 Lakhs per year
10 years	₹13.2 Lakhs to ₹16.9 Lakhs per year

and so on.

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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.