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Sumitomo Mitsui Banking Corporation

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2.6

based on 100 Reviews

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

Annual salary range
2 - 10 years exp.
₹6 Lakhs - ₹18 Lakhs
Avg. annual salary
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Fixed
₹unlock blur Lakhs
Variable
₹unlock blur Lakh

Monthly In-hand Salary

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33% more than the average Assistant Manager Salary in Financial Services Companies for 2 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
3 - 10 years exp. (31 salaries)
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₹6 L/yr - ₹15.4 L/yr

Finance & Accounting
Assistant Manager Salary
2 - 8 years exp. (24 salaries)
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₹7.5 L/yr - ₹18 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
5 - 7 years exp. (5 salaries)
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₹8.8 L/yr - ₹11.1 L/yr

Risk Management & Compliance
Assistant Manager Salary
2 - 6 years exp. (4 salaries)
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₹7.7 L/yr - ₹11.9 L/yr

Data Science & Analytics
Assistant Manager Salary
4 - 9 years exp. (3 salaries)
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₹9 L/yr - ₹12.2 L/yr

View all

Last Updated: 29 Mar 2025

Companies similar to Sumitomo Mitsui Banking Corporation for Assistant Manager in New Delhi

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Sumitomo Mitsui Banking Corporation Assistant Manager Salary

2 - 10 years exp. (80 salaries)
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₹6 L/yr - ₹18 L/yr

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

1 - 16 years exp. (265 salaries)
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₹6.2 L/yr - ₹20 L/yr

arrow icon 16% more
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American Express Assistant Manager Salary

2 - 9 years exp. (112 salaries)
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₹11.3 L/yr - ₹35 L/yr

arrow icon 139% more
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TMF Group Assistant Manager Salary

3 - 10 years exp. (24 salaries)
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₹7 L/yr - ₹14 L/yr

arrow icon 4% more
 2 job openings
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Marsh McLennan Assistant Manager Salary

1 - 12 years exp. (15 salaries)
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₹8 L/yr - ₹15.8 L/yr

arrow icon 7% more
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Aon Assistant Manager Salary

1 - 10 years exp. (11 salaries)
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₹4 L/yr - ₹11.8 L/yr

arrow icon 33% less
 1 job opening
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IQ-EQ Assistant Manager Salary

12 - 13 years exp. (3 salaries)
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₹9 L/yr - ₹15 L/yr

arrow icon 24% more
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 80 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

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

2w ago
₹11.1 Lakhs
7 years exp.
1mo ago
₹8.8 Lakhs
8 years exp.
1mo ago
₹13.4 Lakhs
8 years exp.
3mo ago
₹13.4 Lakhs
6 years exp.
3mo ago
₹8.5 Lakhs
6 years exp.
3mo ago
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6 years exp.
3mo ago
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3 years exp.
4mo ago
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9 years exp.
5mo ago
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2 years exp.
6mo ago
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7 years exp.

Experience wise Sumitomo Mitsui Banking Corporation Assistant Manager salaries in New Delhi

Last Updated: 29 Mar 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹8.5 L/yr - ₹11.4 L/yr
3 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.8 L/yr
4 years  (6 salaries)

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₹7.5 L/yr - ₹19.1 L/yr
5 years  (18 salaries)

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₹7.5 L/yr - ₹15.4 L/yr
6 years  (22 salaries)

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₹6 L/yr - ₹15 L/yr
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Sumitomo Mitsui Banking Corporation Assistant Manager Salary and Career Growth

From

To

Assistant Manager

₹unlock blur Lakhs/yr

2 - 10 years exp.

Assistant Vice President

₹unlock blur Lakhs/yr

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

    Senior Officer Salary
    (34 salaries)
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    ₹5 L/yr - ₹8.8 L/yr
    Operations Manager Salary
    (4 salaries)
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    ₹11.3 L/yr - ₹14.1 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 12 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

    read more
    • 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

    read more
    • 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

    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

    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 .

    read more
    • 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.

    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

    Discover interview dos and don'ts from real experiences

    Top trending discussions

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    Salary Discussions, Hike & Promotions
    1w (edited)
    an inside sales executive
    Unexpected job policies: stay or switch?
    I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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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 New Delhi?
    The average salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation in New Delhi typically ranges from ₹6.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 2 years to 10 years).

    The top 10% of Assistant Manager in New Delhi at Sumitomo Mitsui Banking Corporation earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹17.2 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 80+ Sumitomo Mitsui Banking Corporation employees in India.
    What is the estimated take home salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation in New Delhi?
    The estimated take-home salary of a Assistant Manager at Sumitomo Mitsui Banking Corporation in New Delhi typically ranges from ₹79,806 to ₹81,883 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 2 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 80+ 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 New Delhi?
    To be a Assistant Manager at Sumitomo Mitsui Banking Corporation in New Delhi, 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 ₹11.3 Lakhs to ₹35.0 Lakhs per year
    IQ-EQ ₹9.0 Lakhs to ₹15.0 Lakhs per year
    Citicorp ₹6.2 Lakhs to ₹20.0 Lakhs per year
    Marsh McLennan ₹8.0 Lakhs to ₹15.8 Lakhs per year
    TMF Group ₹7.0 Lakhs to ₹14.0 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 New Delhi?
    The salary of a Assistant Manager at companies similar to Sumitomo Mitsui Banking Corporation in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Aon ₹4.0 Lakhs to ₹11.8 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 New Delhi?
    The salary growth for a Assistant Manager at Sumitomo Mitsui Banking Corporation in New Delhi depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in New Delhi can expect the following growth trajectory at Sumitomo Mitsui Banking Corporation:

    Experience Average Salary Range
    2 years ₹8.5 Lakhs to ₹11.4 Lakhs per year
    3 years ₹9.3 Lakhs to ₹11.8 Lakhs per year
    4 years ₹7.5 Lakhs to ₹19.1 Lakhs per year
    5 years ₹7.5 Lakhs to ₹15.4 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Sumitomo Mitsui Banking Corporation Assistant Manager salary in New Delhi ranges between ₹6 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 80 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.