Sumitomo Mitsui Banking Corporation Assistant Manager Salaries by 100+ Employees (Updated 2025)

2 - 10 years exp.

₹6 Lakhs - ₹18 Lakhs

Salary of majority employees

Fixed (85%)

₹9.6 Lakhs

Variable (15%)

₹1.7 Lakh

34% more than the average Assistant Manager Salary in Financial Services Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 3 - 10 years exp. (38 salaries)	₹6 L/yr - ₹15.4 L/yr
Finance & Accounting Assistant Manager Salary 2 - 8 years exp. (27 salaries)	₹7.5 L/yr - ₹18 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 5 - 10 years exp. (11 salaries)	₹7.4 L/yr - ₹13.6 L/yr
Data Science & Analytics Assistant Manager Salary 4 - 9 years exp. (4 salaries)	₹9 L/yr - ₹12 L/yr
Risk Management & Compliance Assistant Manager Salary 2 - 6 years exp. (4 salaries)	₹7.7 L/yr - ₹11.8 L/yr

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Last Updated: 28 Jan 2025

Companies similar to Sumitomo Mitsui Banking Corporation for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Mizuho Bank Assistant Manager Salary 13 - 17 years exp. (3 salaries)	₹9.4 L/yr - ₹18.3 L/yr 9% more
Nomura Holdings Assistant Manager Salary 4 - 12 years exp. (439 salaries)	₹6 L/yr - ₹22 L/yr 17% more
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HSBC Group Assistant Manager Salary 0 - 14 years exp. (2.6k salaries)	₹4.4 L/yr - ₹14.4 L/yr 17% less	6 job openings
Standard Chartered Assistant Manager Salary 2 - 18 years exp. (946 salaries)	₹4.8 L/yr - ₹17.8 L/yr 1% more
Barclays Assistant Manager Salary 2 - 15 years exp. (1k salaries)	₹7.9 L/yr - ₹24.5 L/yr 27% more
Bank of America Assistant Manager Salary 2 - 18 years exp. (1.9k salaries)	₹7 L/yr - ₹26 L/yr 48% more	7 job openings
JPMorgan Chase & Co. Assistant Manager Salary 6 - 14 years exp. (88 salaries)	₹7.4 L/yr - ₹28 L/yr 46% more
Wells Fargo Assistant Manager Salary 7 - 15 years exp. (126 salaries)	₹7 L/yr - ₹21 L/yr 15% more
Citicorp Assistant Manager Salary 1 - 17 years exp. (3.3k salaries)	₹6.1 L/yr - ₹20.7 L/yr 16% more
State Street Corporation Assistant Manager Salary 5 - 16 years exp. (1.8k salaries)	₹8 L/yr - ₹30 L/yr 50% more	1 job opening

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Assistant Manager salary at Sumitomo Mitsui Banking Corporation ranges between ₹6 Lakhs to ₹18 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 110 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Experience wise Sumitomo Mitsui Banking Corporation Assistant Manager salaries

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹8.5 L/yr - ₹11.4 L/yr
3 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹19 L/yr
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4 years (8 salaries)	₹7.5 L/yr - ₹12.5 L/yr
5 years (22 salaries)	₹7.5 L/yr - ₹15.4 L/yr
6 years (28 salaries)	₹6 L/yr - ₹15 L/yr
7 years (15 salaries)	₹6 L/yr - ₹18 L/yr
8 years (14 salaries)	₹7.6 L/yr - ₹14 L/yr
9 years (11 salaries)	₹7.4 L/yr - ₹15 L/yr
10 years (6 salaries)	₹8.5 L/yr - ₹13.2 L/yr

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From

Assistant Manager

₹

Lakhs/yr

2 - 10 years exp.

Assistant Vice President

₹

Lakhs/yr

6 - 16 years exp.

Assistant Manager 2 - 10 years exp.

Manager 3 - 14 years exp.

53% hike

Assistant Vice President 6 - 16 years exp.

36% 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 Sumitomo Mitsui Banking Corporation

Department Manager Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Operations Manager Salary

(4 salaries)

₹11.3 L/yr - ₹14.12 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.5 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹10.9 L/yr - ₹13.9 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Relationship Manager Salary

(6 salaries)

₹20 L/yr - ₹27 L/yr

Senior Officer Salary

(50 salaries)

₹5 L/yr - ₹9 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Top skills at Sumitomo Mitsui Banking Corporation for Assistant Manager

KYC Management Corporate Banking Administration Bcp

Salary related reviews for Sumitomo Mitsui Banking Corporation

2.6

Rated by 14 employees for salary & benefits

Assistant Manager in New Delhi

Operations Department

1.0

• posted on 20 May 2022

2.0

for Salary and Benefits

Likes

Ok salary

Dislikes

12-13 hours work days Almost 7 days working Incompetent and lazy bosses No work life balance Almost no leaves allowed due to staff shortage and laughable retention rate. HR missed the chapter on labor laws

Salary - Poor

+5 more

Senior Officer in Mumbai

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

Salary - Bad

+6 more

Business Analyst in New Delhi

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

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

Salary - Poor

+3 more

Analyst in New Delhi

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 .

Salary - Poor

+5 more

Assistant Vice President in New Delhi

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.

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.

Promotions - Poor

+1 more

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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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Sumitomo Mitsui Banking Corporation Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Sumitomo Mitsui Banking Corporation?

Assistant Manager salary at Sumitomo Mitsui Banking Corporation in India ranges between ₹6.0 Lakhs to ₹18.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 34% more than the average Assistant Manager Salary in India. Salary estimates are based on 110 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation India.

How does the salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation India compare with the average salary range for this job?

The average salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation is 34% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Sumitomo Mitsui Banking Corporation?

KYC, Management, Corporate Banking, Administration and Bcp are some of the popular skills required to work as a Assistant Manager at Sumitomo Mitsui Banking Corporation India.

Which similar companies are paying more than Sumitomo Mitsui Banking Corporation to a Assistant Manager in India?

American Express Assistant Manager Salary - ₹13.9 Lakhs to ₹42.0 Lakhs per year
Morningstar Assistant Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
FactSet Assistant Manager Salary - ₹7.5 Lakhs to ₹21.0 Lakhs per year
State Street Corporation Assistant Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Bank of America Assistant Manager Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Sumitomo Mitsui Banking Corporation in India?

JPMorgan Chase & Co. Assistant Manager Salary - ₹7.4 Lakhs to ₹28.0 Lakhs per year
Morgan Stanley Assistant Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Fidelity Investments Assistant Manager Salary - ₹7.5 Lakhs to ₹22.9 Lakhs per year
Barclays Assistant Manager Salary - ₹7.9 Lakhs to ₹24.5 Lakhs per year
UBS Assistant Manager Salary - ₹6.8 Lakhs to ₹22.8 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation in India?

The estimated take-home salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation ranges between ₹80,860 per month to ₹82,967 per month in India. The take-home salary calculation is based on the average Sumitomo Mitsui Banking Corporation Assistant Manager salary in India which ranges between ₹6.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Sumitomo Mitsui Banking Corporation?

According to AmbitionBox, 63% of the Sumitomo Mitsui Banking Corporation Assistant Managers reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 52 responses on AmbitionBox in last 2 years.

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Sumitomo Mitsui Banking Corporation Assistant Manager Salaries by Location

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Sumitomo Mitsui Banking Corporation Assistant Manager Salaries

Sumitomo Mitsui Banking Corporation Assistant Manager salary in India ranges between ₹6 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 110 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Sumitomo Mitsui Banking Corporation Assistant Manager salaries in India (Updated 2025)

Companies similar to Sumitomo Mitsui Banking Corporation for Assistant Manager

Latest annual salaries shared by Sumitomo Mitsui Banking Corporation Assistant Manager

Experience wise Sumitomo Mitsui Banking Corporation Assistant Manager salaries

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

Top skills at Sumitomo Mitsui Banking Corporation for Assistant Manager

Salary related reviews for Sumitomo Mitsui Banking Corporation

Assistant Manager in New Delhi

Senior Officer in Mumbai

Business Analyst in New Delhi

Analyst in New Delhi

Assistant Vice President in New Delhi

Sumitomo Mitsui Banking Corporation Assistant Manager Salary FAQs

Tell us how to improve this page.

Sumitomo Mitsui Banking Corporation Assistant Manager Salaries by Location