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Sumitomo Mitsui Banking Corporation Salaries in India (Updated 2025)

based on 796 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Human Resources + 6 more
Designation Avg Annual Salary Open Jobs
6 - 16 years exp. (69 salaries)
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₹12 L/yr - ₹35 L/yr

1 job opening
1 - 7 years exp. (50 salaries)
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₹5 L/yr - ₹9 L/yr

0 - 8 years exp. (38 salaries)
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₹3.5 L/yr - ₹11 L/yr

1 job opening
0 - 5 years exp. (22 salaries)
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₹3.5 L/yr - ₹5.6 L/yr

Starting your career? Discover Sumitomo Mitsui Banking Corporation fresher salaries in India
9 - 16 years exp. (17 salaries)
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₹17 L/yr - ₹33.3 L/yr

2 - 8 years exp. (15 salaries)
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₹6.5 L/yr - ₹12 L/yr

13 - 22 years exp. (12 salaries)
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₹41 L/yr - ₹90 L/yr

6 - 13 years exp. (9 salaries)
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₹18.5 L/yr - ₹29.4 L/yr

14 - 19 years exp. (8 salaries)
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₹12 L/yr - ₹25 L/yr

1 - 12 years exp. (7 salaries)
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₹12.5 L/yr - ₹25.8 L/yr

13 - 20 years exp. (7 salaries)
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₹40 L/yr - ₹94 L/yr

3 - 11 years exp. (6 salaries)
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₹20 L/yr - ₹27 L/yr

4 - 13 years exp. (6 salaries)
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₹9 L/yr - ₹17.7 L/yr

0 - 2 years exp. (5 salaries)
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₹3.8 L/yr - ₹4 L/yr

6 - 8 years exp. (5 salaries)
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₹12.5 L/yr - ₹19 L/yr

20 - 23 years exp. (5 salaries)
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₹21 L/yr - ₹31.8 L/yr

3 - 7 years exp. (5 salaries)
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₹3.5 L/yr - ₹6 L/yr

3 - 5 years exp. (5 salaries)
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₹5 L/yr - ₹21.5 L/yr

5 - 12 years exp. (5 salaries)
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₹18.5 L/yr - ₹50 L/yr

1 - 4 years exp. (4 salaries)
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₹4.4 L/yr - ₹6.9 L/yr

Last Updated: 22 Mar, 2025

Salary related reviews for Sumitomo Mitsui Banking Corporation

2.7

Rated by 99 employees for salary & benefits

Full Time

 · 

Human Resources Department

1.0
  •  posted on 27 Nov 2023

1.0
 for  Salary and Benefits

Likes

Nice office infrastructure

Dislikes

... Deep micro management Suffocates employees which is why having high attrition Very low salaries as per mkt Manager ask to work on sat sun compulsory

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

2.0
  •  posted on 09 Nov 2023

2.0
 for  Salary and Benefits

Likes

1. Job security - good place for people who don't want to do anything. You can sit, and enjoy free salary. 2. Training on how to massage people's ego

read more
  • Job security - Excellent

Dislikes

1. No Growth opportunities 2. Technical handicap processes 3. Office politics 4. Few Indians making this Lalaji ki dukaan instead of Japanese MNC

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 05 Feb 2023

2.0
 for  Salary and Benefits

Likes

Good learning opportunity for most of the part .

Dislikes

No specified working hour . Staff shortage lead to over burden on employee no additional compensation . TL will call you on you date off/ even on block leave .

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 13 Apr 2019

3.0
 for  Salary and Benefits

Likes

Steady business and moderate work pressure. Work-Life balance. variable compensation is high even for support groups. Job security even if one doesn't perform.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Compensation not bench marked to performance. Performance is measured by hours in office not per-se the output. Low mobility. High office politics. You should be lucky if you get to work under strong leadership.

read more
  • Promotions - Poor
  • +1 more

Corporate Banking Department

1.0
  •  posted on 03 Aug 2022

2.0
 for  Salary and Benefits

Likes

Not much to like. Still following hybrid work policy so thats a positive.

  • Job security - Good
  • +1 more

Dislikes

...ted as 2nd class citizens. 2. Bureaucratic 3. No learning/ skill development 4. Poor salary hikes and appraisals 5. No transparency/ accountability

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

Sumitomo Mitsui Banking Corporation Salary FAQs

How much does Sumitomo Mitsui Banking Corporation pay to its employees?
The average annual salary at Sumitomo Mitsui Banking Corporation varies depending on the role, experience, and location. The salary ranges for some popular designations at Sumitomo Mitsui Banking Corporation, are as follows:

Assistant Vice President ₹12 Lakhs to ₹35 Lakhs per year
Senior Officer ₹5 Lakhs to ₹9 Lakhs per year
Analyst ₹3.5 Lakhs to ₹11 Lakhs per year
Officer ₹3.5 Lakhs to ₹5.6 Lakhs per year

The highest-paying role, Director, earns between ₹41 Lakhs to ₹90 Lakhs per year. The top 10% of employees earn more than ₹36 Lakhs per year, and the top 1% earn over ₹99.1 Lakhs per year. Salaries at Sumitomo Mitsui Banking Corporation 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 salary estimates are based on data from 796 salaries submitted by Sumitomo Mitsui Banking Corporation employees. Sumitomo Mitsui Banking Corporation is rated 2.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Sumitomo Mitsui Banking Corporation in India?
The salary of a fresher at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹3.5 Lakhs to ₹6 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Analyst Salary ₹3.5 Lakhs to ₹6 Lakhs per year
Fresher as a Trade Finance Officer Salary ₹1.6 Lakhs to ₹4 Lakhs per year
Fresher as a Python Developer Salary ₹11.7 Lakhs to ₹15 Lakhs per year
Fresher as a EMC Storage Administrator Salary ₹1.9 Lakhs to ₹2.5 Lakhs per year

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Average annual salary in Sumitomo Mitsui Banking Corporation is INRunlock blur . Salary estimates are based on 796 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

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