South Indian Bank Chennai Retail Credit Manager Salaries by 4 Employees (Updated 2025)

6 - 9 years exp.

₹9.6 Lakhs - ₹12.7 Lakhs

Salary of majority employees

41% more than the average Retail Credit Manager Salary in Banking Companies for 6 - 9 years of experience

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Last Updated: 4 Dec 2024

Retail Credit Manager salary at South Indian Bank ranges between ₹9.6 Lakhs to ₹12.7 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Retail Credit Manager salaries in Chennai

Last Updated: 4 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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8 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
9 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr

Similar Designation salaries in South Indian Bank

Branch Manager Salary

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₹9 L/yr - ₹16.5 L/yr

Credit Manager Salary

(4 salaries)

₹9 L/yr - ₹14.47 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

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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South Indian Bank Retail Credit Manager Salary FAQs

What is the salary of Retail Credit Manager at South Indian Bank Chennai?

Retail Credit Manager salary at South Indian Bank in Chennai ranges between ₹9.6 Lakhs to ₹12.7 Lakhs for experience between 6 years to 9 years. According to our estimates it is 41% more than the average Retail Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank Chennai.

How does the salary of a Retail Credit Manager at South Indian Bank Chennai compare with the average salary range for this job?

The average salary of a Retail Credit Manager at South Indian Bank is 41% more than the average salary of a Retail Credit Manager in Chennai. To know exact salary insights, login to view.

What is the estimated take home salary of a Retail Credit Manager at South Indian Bank in Chennai?

The estimated take-home salary of a Retail Credit Manager at South Indian Bank ranges between ₹78,805 per month to ₹80,854 per month in Chennai. The take-home salary calculation is based on the average South Indian Bank Retail Credit Manager salary in India which ranges between ₹9.6 Lakhs to ₹12.7 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Retail Credit Manager at South Indian Bank in Chennai?

According to AmbitionBox, 67% of the South Indian Bank Retail Credit Managers in Chennai reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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South Indian Bank Retail Credit Manager Salaries in Chennai

South Indian Bank Retail Credit Manager salary in Chennai ranges between ₹9.6 Lakhs to ₹12.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 South Indian Bank latest salaries received from various employees of South Indian Bank.