South Indian Bank Senior Manager Salaries by 90+ Employees (Updated 2025)

9 - 16 years exp.

₹10 Lakhs - ₹24.5 Lakhs

Salary of majority employees

10% less than the average Senior Manager Salary in Banking Companies for 9 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 9 - 16 years exp. (39 salaries)	₹12 L/yr - ₹24.5 L/yr
Finance & Accounting Senior Manager Salary 9 - 14 years exp. (10 salaries)	₹12 L/yr - ₹20 L/yr
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Customer Success, Service & Operations Senior Manager Salary 9 - 16 years exp. (7 salaries)	₹11 L/yr - ₹20 L/yr
Sales & Business Development Senior Manager Salary 10 - 14 years exp. (4 salaries)	₹18 L/yr - ₹24 L/yr
Project & Program Management Senior Manager Salary 9 - 12 years exp. (3 salaries)	₹10 L/yr - ₹20.8 L/yr

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Last Updated: 12 Feb 2025

Companies similar to South Indian Bank for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 4 - 21 years exp. (6.1k salaries)	₹8 L/yr - ₹24 L/yr 22% less
ICICI Bank Senior Manager Salary 1 - 19 years exp. (1.6k salaries)	₹8.5 L/yr - ₹28.9 L/yr 12% less
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Axis Bank Senior Manager Salary 2 - 21 years exp. (5.2k salaries)	₹8 L/yr - ₹28 L/yr 17% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 1 - 19 years exp. (3.5k salaries)	₹5.3 L/yr - ₹19.1 L/yr 35% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (2.4k salaries)	₹6.3 L/yr - ₹22.3 L/yr 36% less
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (355 salaries)	₹5.3 L/yr - ₹20 L/yr 38% less
Federal Bank Senior Manager Salary 6 - 14 years exp. (183 salaries)	₹9.6 L/yr - ₹30 L/yr 22% more
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (1.4k salaries)	₹7 L/yr - ₹22.7 L/yr 26% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (797 salaries)	₹6 L/yr - ₹20 L/yr 36% less
Punjab National Bank Senior Manager Salary 7 - 15 years exp. (220 salaries)	₹8.6 L/yr - ₹35 L/yr 5% more

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Senior Manager salary at South Indian Bank ranges between ₹10 Lakhs to ₹24.5 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 90 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Senior Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
9 years (17 salaries)	₹11 L/yr - ₹19 L/yr
10 years (17 salaries)	₹10 L/yr - ₹22.5 L/yr
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11 years (14 salaries)	₹12 L/yr - ₹24.5 L/yr
12 years (13 salaries)	₹10 L/yr - ₹22 L/yr
13 years (9 salaries)	₹14 L/yr - ₹20 L/yr
14 years (8 salaries)	₹14 L/yr - ₹24 L/yr
15+ years (12 salaries)	₹14 L/yr - ₹21 L/yr

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From

Senior Manager

9 - 16 years exp.

Chief Manager

₹

Lakhs/yr

10 - 17 years exp.

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

Regional Manager Salary

(3 salaries)

₹12 L/yr - ₹19 L/yr

Sales Manager Salary

(8 salaries)

₹9.2 L/yr - ₹13 L/yr

Branch Manager Salary

(51 salaries)

₹8 L/yr - ₹19.8 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Area Sales Manager Salary

(7 salaries)

₹8.04 L/yr - ₹14.9 L/yr

Relationship Manager Salary

(21 salaries)

₹8 L/yr - ₹20 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹21.4 L/yr - ₹27.4 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Team Lead Salary

(9 salaries)

₹3 L/yr - ₹4.3 L/yr

Sales Executive Salary

(28 salaries)

₹1.45 L/yr - ₹3 L/yr

Salary related reviews for South Indian Bank

4.0

Rated by 16 employees for salary & benefits

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

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 Senior Manager Salary FAQs

What is the salary of Senior Manager at South Indian Bank?

Senior Manager salary at South Indian Bank in India ranges between ₹10.0 Lakhs to ₹24.5 Lakhs for experience between 9 years to 16 years. According to our estimates it is 10% less than the average Senior Manager Salary in India. Salary estimates are based on 90 latest salaries received from various employees of South Indian Bank India.

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

The average salary of a Senior Manager at South Indian Bank is 10% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Senior Manager in India?

Mashreq Bank Senior Manager Salary - ₹23.0 Lakhs to ₹45.0 Lakhs per year
Paytm Payments Bank Senior Manager Salary - ₹13.8 Lakhs to ₹40.0 Lakhs per year
Federal Bank Senior Manager Salary - ₹9.6 Lakhs to ₹30.0 Lakhs per year
HSBC Global Banking and Markets Senior Manager Salary - ₹17.0 Lakhs to ₹31.6 Lakhs per year
Canara Bank Senior Manager Salary - ₹11.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Senior Manager in companies similar to South Indian Bank in India?

Union Bank of India Senior Manager Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
Punjab National Bank Senior Manager Salary - ₹8.6 Lakhs to ₹35.0 Lakhs per year
Karnataka Bank Senior Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
City Union Bank Senior Manager Salary - ₹15.0 Lakhs to ₹23.0 Lakhs per year
Karur Vysya Bank Senior Manager Salary - ₹10.5 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at South Indian Bank ranges between ₹1,28,633 per month to ₹1,33,039 per month in India. The take-home salary calculation is based on the average South Indian Bank Senior Manager salary in India which ranges between ₹10.0 Lakhs to ₹24.5 Lakhs per year for employees with experience between 9 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at South Indian Bank?

According to AmbitionBox, 81% of the South Indian Bank Senior Managers reported a notice period of 3 Months, 7% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 58 responses on AmbitionBox in last 2 years.

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South Indian Bank Senior Manager Salaries by Location

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South Indian Bank Senior Manager Salaries

South Indian Bank Senior Manager salary in India ranges between ₹10 Lakhs to ₹24.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 90 South Indian Bank latest salaries received from various employees of South Indian Bank.

South Indian Bank Senior Manager salaries in India (Updated 2025)

Companies similar to South Indian Bank for Senior Manager

Latest annual salaries shared by South Indian Bank Senior Manager

Experience wise South Indian Bank Senior Manager salaries

Similar Designation salaries in South Indian Bank

Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Officer in Ludhiana

Assistant Manager Operations in Chennai

Probationary Officer in New Delhi

Probationary Officer in Kochi

South Indian Bank Senior Manager Salary FAQs

Tell us how to improve this page.

South Indian Bank Senior Manager Salaries by Location