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

Annual salary range
5 - 10 years exp.
₹9.5 Lakhs - ₹13.9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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48% more than the average Assistant Manager Salary in Financial Services Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
5 - 9 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹13.2 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹13.6 L/yr

Data Science & Analytics
Assistant Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹13.4 L/yr

Engineering - Hardware & Networks
Assistant Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹11 L/yr - ₹13.6 L/yr

Last Updated: 8 Mar 2025

Companies similar to Sumitomo Mitsui Banking Corporation for Assistant Manager in Mumbai

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Sumitomo Mitsui Banking Corporation Assistant Manager Salary

5 - 10 years exp. (7 salaries)

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₹9.5 L/yr - ₹13.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Citicorp Assistant Manager Salary

1 - 17 years exp. (1.1k salaries)

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₹6.5 L/yr - ₹22 L/yr

arrow icon 8% more
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BNP Paribas Assistant Manager Salary

5 - 15 years exp. (619 salaries)

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₹6.5 L/yr - ₹24 L/yr

arrow icon 18% more
1 job opening
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Marsh McLennan Assistant Manager Salary

1 - 12 years exp. (180 salaries)

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₹5.1 L/yr - ₹18 L/yr

arrow icon 11% less
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₹7.5 L/yr - ₹24.5 L/yr

arrow icon 30% more
2 job openings
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JPMorgan Chase & Co. Assistant Manager Salary

3 - 14 years exp. (31 salaries)

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₹6.3 L/yr - ₹20.8 L/yr

arrow icon 2% less
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American Express Assistant Manager Salary

2 - 8 years exp. (28 salaries)

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₹12.3 L/yr - ₹36 L/yr

arrow icon 126% more
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Morgan Stanley Assistant Manager Salary

6 - 13 years exp. (26 salaries)

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₹7 L/yr - ₹24.2 L/yr

arrow icon 11% more
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UBS Assistant Manager Salary

4 - 12 years exp. (20 salaries)

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₹8.3 L/yr - ₹18 L/yr

arrow icon 10% more
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Morningstar Assistant Manager Salary

4 - 16 years exp. (17 salaries)

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₹8 L/yr - ₹27 L/yr

arrow icon 36% more
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Dealmoney Securities Assistant Manager Salary

3 - 14 years exp. (16 salaries)

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₹3.4 L/yr - ₹5.2 L/yr

arrow icon 66% less
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₹9 L/yr - ₹17.5 L/yr

arrow icon 26% more
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Aon Assistant Manager Salary

1 - 8 years exp. (10 salaries)

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₹5.3 L/yr - ₹11.2 L/yr

arrow icon 33% less
1 job opening
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TMF Group Assistant Manager Salary

5 - 8 years exp. (8 salaries)

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₹6 L/yr - ₹16 L/yr

arrow icon 7% more
1 job opening
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DKSH Assistant Manager Salary

5 - 13 years exp. (7 salaries)

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₹10 L/yr - ₹16 L/yr

At par
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₹3.1 L/yr - ₹4 L/yr

arrow icon 71% less
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₹4.5 L/yr - ₹8.8 L/yr

arrow icon 54% less
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Travelex Assistant Manager Salary

5 - 20 years exp. (3 salaries)

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₹8 L/yr - ₹12 L/yr

arrow icon 22% less
Assistant Manager salary at Sumitomo Mitsui Banking Corporation ranges between ₹9.5 Lakhs to ₹13.9 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Latest annual salaries shared by Sumitomo Mitsui Banking Corporation Assistant Manager in Mumbai

4w ago
₹11 Lakhs
10 years exp.
7mo ago
₹13.6 Lakhs
8 years exp.
1y ago
₹12 Lakhs
5 years exp.
1y ago
₹12 Lakhs
6 years exp.

Experience wise Sumitomo Mitsui Banking Corporation Assistant Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
6 years (AmbitionBox Estimate)

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₹11.1 L/yr - ₹14.2 L/yr
7 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹14.5 L/yr
8 years (AmbitionBox Estimate)

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₹11.6 L/yr - ₹14.8 L/yr
9 years (AmbitionBox Estimate)

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₹11.9 L/yr - ₹15.2 L/yr
View all
Sumitomo Mitsui Banking Corporation Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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2 - 10 years exp.

Assistant Vice President

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6 - 16 years exp.

Assistant Manager 2 - 10 years exp.
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Manager 3 - 14 years exp.
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arrow icon 50% hike
    Assistant Vice President 6 - 16 years exp.
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    arrow icon 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

    unlock blur
    ₹20 L/yr - ₹27 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 2 employees for salary & benefits

    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

    read more
    • Salary - Poor
    • +5 more

    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
    see more salary related reviews

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    Sumitomo Mitsui Banking Corporation Assistant Manager Salary FAQs

    What is the salary of Assistant Manager at Sumitomo Mitsui Banking Corporation in Mumbai?
    The average salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation in Mumbai typically ranges from ₹9.5 Lakhs to ₹13.9 Lakhs per year, depending on experience (from 5 years to 10 years).

    The top 10% of Assistant Manager in Mumbai at Sumitomo Mitsui Banking Corporation earn more than ₹13.8 Lakhs per year, and the top 1% earn over ₹13.9 Lakhs per year. Assistant Manager 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 estimates are based on salary data submitted by 7 Sumitomo Mitsui Banking Corporation employees in India.
    What is the estimated take home salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation in Mumbai?
    The estimated take-home salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation in Mumbai typically ranges from ₹87,499 to ₹89,793 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹13.9 Lakhs per year for employees with experience ranging from 5 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Sumitomo Mitsui Banking Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Assistant Manager at Sumitomo Mitsui Banking Corporation in Mumbai?
    To be a Assistant Manager at Sumitomo Mitsui Banking Corporation in Mumbai, the key skills required include:

    • - KYC
    • - Management
    • - Corporate Banking
    • - Administration
    • - Bcp

    These skills are highly valued at Sumitomo Mitsui Banking Corporation and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than Sumitomo Mitsui Banking Corporation for Assistant Manager in India?
    American Express ₹12.3 Lakhs to ₹36.0 Lakhs per year
    Morningstar ₹8.0 Lakhs to ₹27.0 Lakhs per year
    State Street Corporation ₹7.5 Lakhs to ₹24.5 Lakhs per year
    Nomura Structured Finance Services ₹9.0 Lakhs to ₹17.5 Lakhs per year
    BNP Paribas ₹6.5 Lakhs to ₹24.0 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by Sumitomo Mitsui Banking Corporation, depending on the role and experience level.
    What is the salary of a Assistant Manager in companies similar to Sumitomo Mitsui Banking Corporation in Mumbai?
    The salary of a Assistant Manager at companies similar to Sumitomo Mitsui Banking Corporation in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Morgan Stanley ₹7.0 Lakhs to ₹24.2 Lakhs per year
    UBS ₹8.3 Lakhs to ₹18.0 Lakhs per year
    Citicorp ₹6.5 Lakhs to ₹22.0 Lakhs per year
    TMF Group ₹6.0 Lakhs to ₹16.0 Lakhs per year
    DKSH ₹10.0 Lakhs to ₹16.0 Lakhs per year

    These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
    How the salary growth look like for a Assistant Manager at Sumitomo Mitsui Banking Corporation in Mumbai?
    The salary growth for a Assistant Manager at Sumitomo Mitsui Banking Corporation in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at Sumitomo Mitsui Banking Corporation:

    Experience Average Salary Range
    5 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
    6 years ₹11.1 Lakhs to ₹14.2 Lakhs per year
    7 years ₹11.4 Lakhs to ₹14.5 Lakhs per year
    8 years ₹11.6 Lakhs to ₹14.8 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Sumitomo Mitsui Banking Corporation Assistant Manager salary in Mumbai ranges between ₹9.5 Lakhs to ₹13.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.