South Indian Bank Mumbai Senior Manager Salaries by 10+ Employees (Updated 2025)

8 - 16 years exp.

₹12 Lakhs - ₹22 Lakhs

Salary of majority employees

8% less than the average Senior Manager Salary in Banking Companies for 8 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Manager Salary 12 - 16 years exp. (3 salaries)	₹12 L/yr - ₹20 L/yr
BFSI, Investments & Trading Senior Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹16.5 L/yr - ₹20 L/yr
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Finance & Accounting Senior Manager Salary 11 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹20 L/yr
Risk Management & Compliance Senior Manager Salary 8 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹22.5 L/yr

Last Updated: 8 Dec 2024

Companies similar to South Indian Bank for Senior Manager in Mumbai

South Indian Bank Senior Manager Salary

8 - 16 years exp. (11 salaries)

₹12 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (2.3k salaries)	₹8 L/yr - ₹25 L/yr 19% less
ICICI Bank Senior Manager Salary 1 - 20 years exp. (594 salaries)	₹7.8 L/yr - ₹28.9 L/yr 11% less
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Axis Bank Senior Manager Salary 2 - 21 years exp. (2k salaries)	₹8.8 L/yr - ₹27.1 L/yr 13% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 1 - 18 years exp. (1.4k salaries)	₹5.5 L/yr - ₹20 L/yr 33% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (980 salaries)	₹6.5 L/yr - ₹22.1 L/yr 35% less
IndusInd Bank Senior Manager Salary 6 - 17 years exp. (129 salaries)	₹5.3 L/yr - ₹20 L/yr 38% less
Federal Bank Senior Manager Salary 6 - 14 years exp. (45 salaries)	₹12 L/yr - ₹30 L/yr 20% more
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (574 salaries)	₹7 L/yr - ₹26.5 L/yr 22% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (340 salaries)	₹6.5 L/yr - ₹20 L/yr 35% less
Punjab National Bank Senior Manager Salary 7 - 13 years exp. (25 salaries)	₹11.2 L/yr - ₹36.3 L/yr 10% more
Union Bank of India Senior Manager Salary 8 - 15 years exp. (85 salaries)	₹9.2 L/yr - ₹32 L/yr 12% more
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The Saraswat Co-operative Bank Senior Manager Salary 10 - 18 years exp. (38 salaries)	₹11.5 L/yr - ₹22 L/yr 16% less
DBS Bank Senior Manager Salary 9 - 18 years exp. (36 salaries)	₹11.4 L/yr - ₹28 L/yr 5% less
Bandhan Bank Senior Manager Salary 6 - 17 years exp. (26 salaries)	₹7.4 L/yr - ₹16 L/yr 37% less
CSB Bank Senior Manager Salary 5 - 15 years exp. (26 salaries)	₹5.1 L/yr - ₹17 L/yr 46% less
Canara Bank Senior Manager Salary 8 - 14 years exp. (22 salaries)	₹12 L/yr - ₹28 L/yr 16% more
Jana Small Finance Bank Senior Manager Salary 6 - 14 years exp. (14 salaries)	₹4.9 L/yr - ₹12 L/yr 50% less
Karur Vysya Bank Senior Manager Salary 9 - 16 years exp. (7 salaries)	₹15 L/yr - ₹20 L/yr 12% less

Senior Manager salary at South Indian Bank ranges between ₹12 Lakhs to ₹22 Lakhs per year for employees with experience between 8 years to 16 years. Salary estimates are based on 11 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Senior Manager salaries in Mumbai

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹19 L/yr - ₹35.2 L/yr
9 years (AmbitionBox Estimate)	₹19 L/yr - ₹35.3 L/yr
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10 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.6 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹35.4 L/yr
12 years (4 salaries)	₹12 L/yr - ₹22 L/yr
13 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.7 L/yr
14 years (AmbitionBox Estimate)	₹15 L/yr - ₹35.5 L/yr
15+ years (AmbitionBox Estimate)	₹7.9 L/yr - ₹20 L/yr

View all

From

Senior Manager

7 - 16 years exp.

Chief Manager

₹

Lakhs/yr

11 - 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

Sales Executive Salary

(5 salaries)

₹2.05 L/yr - ₹2.5 L/yr

Relationship Manager Salary

(5 salaries)

₹10 L/yr - ₹20 L/yr

Area Sales Manager Salary

(3 salaries)

₹9 L/yr - ₹14 L/yr

Salary related reviews for South Indian Bank

2.0

Rated by 1 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

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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South Indian Bank Senior Manager Salary FAQs

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

Senior Manager salary at South Indian Bank in Mumbai ranges between ₹12.0 Lakhs to ₹22.0 Lakhs for experience between 8 years to 16 years. According to our estimates it is 8% less than the average Senior Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of South Indian Bank Mumbai.

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

The average salary of a Senior Manager at South Indian Bank is 8% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

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

Federal Bank Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Canara Bank Senior Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Union Bank of India Senior Manager Salary - ₹9.2 Lakhs to ₹32.0 Lakhs per year
Punjab National Bank Senior Manager Salary - ₹11.2 Lakhs to ₹36.3 Lakhs per year

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

DBS Bank Senior Manager Salary - ₹11.4 Lakhs to ₹28.0 Lakhs per year
ICICI Bank Senior Manager Salary - ₹7.8 Lakhs to ₹28.9 Lakhs per year
Karur Vysya Bank Senior Manager Salary - ₹15.0 Lakhs to ₹20.0 Lakhs per year
Axis Bank Senior Manager Salary - ₹8.8 Lakhs to ₹27.1 Lakhs per year
The Saraswat Co-operative Bank Senior Manager Salary - ₹11.5 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at South Indian Bank ranges between ₹1,29,981 per month to ₹1,34,566 per month in Mumbai. The take-home salary calculation is based on the average South Indian Bank Senior Manager salary in India which ranges between ₹12.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 8 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the South Indian Bank Senior Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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South Indian Bank Senior Manager Salaries in Mumbai

South Indian Bank Senior Manager salary in Mumbai ranges between ₹12 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 South Indian Bank latest salaries received from various employees of South Indian Bank.