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Sumitomo Mitsui Banking Corporation Associate salaries in India

Annual salary range
0 - 11 years exp.
₹8.2 Lakhs - ₹14 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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30% more than the average Associate Salary in Financial Services Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
2 - 6 years exp. (3 salaries)
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₹8.2 L/yr - ₹10 L/yr

Customer Success, Service & Operations
Associate Salary
0 - 8 years exp. (3 salaries)
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₹10 L/yr - ₹10.8 L/yr

Risk Management & Compliance
Associate Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹9.2 L/yr - ₹10 L/yr

Last Updated: 4 Jan 2024

Companies similar to Sumitomo Mitsui Banking Corporation for Associate

Company name Avg Annual Salary Open Jobs
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Nomura Holdings Associate Salary

4 - 14 years exp. (419 salaries)

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₹10.8 L/yr - ₹40 L/yr

arrow icon 156% more
8 job openings
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HSBC Group Associate Salary

0 - 12 years exp. (397 salaries)

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₹3.7 L/yr - ₹15 L/yr

arrow icon 11% less
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Citigroup Associate Salary

2 - 10 years exp. (38 salaries)

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₹8.7 L/yr - ₹21.5 L/yr

arrow icon 117% more
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Standard Chartered Associate Salary

1 - 13 years exp. (137 salaries)

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₹7.7 L/yr - ₹26 L/yr

arrow icon 72% more
6 job openings
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Barclays Associate Salary

2 - 10 years exp. (54 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 57% more
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Bank of America Associate Salary

0 - 10 years exp. (167 salaries)

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₹4.3 L/yr - ₹32.7 L/yr

arrow icon 88% more
2 job openings
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JPMorgan Chase & Co. Associate Salary

2 - 17 years exp. (10.1k salaries)

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₹10 L/yr - ₹35 L/yr

arrow icon 145% more
64 job openings
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Wells Fargo Associate Salary

0 - 5 years exp. (247 salaries)

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₹2.1 L/yr - ₹9.7 L/yr

arrow icon 41% less
1 job opening
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Morgan Stanley Associate Salary

0 - 12 years exp. (3k salaries)

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₹5.1 L/yr - ₹20 L/yr

arrow icon 17% more
10 job openings
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State Street Corporation Associate Salary

0 - 5 years exp. (1.5k salaries)

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₹2 L/yr - ₹7.5 L/yr

arrow icon 58% less
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BNP Paribas Associate Salary

0 - 5 years exp. (790 salaries)

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₹2 L/yr - ₹7.9 L/yr

arrow icon 49% less
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Marsh McLennan Associate Salary

0 - 5 years exp. (242 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 69% less
1 job opening
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Morningstar Associate Salary

0 - 2 years exp. (117 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 50% less
1 job opening
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UBS Associate Salary

2 - 9 years exp. (58 salaries)

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₹4.9 L/yr - ₹19.7 L/yr

arrow icon 22% more
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Credit Suisse Associate Salary

1 - 9 years exp. (45 salaries)

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₹8.1 L/yr - ₹20 L/yr

arrow icon 38% more
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American Express Associate Salary

0 - 5 years exp. (44 salaries)

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₹9 L/yr - ₹11.1 L/yr

arrow icon 2% more
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Fidelity Investments Associate Salary

0 - 5 years exp. (29 salaries)

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₹1.1 L/yr - ₹7.3 L/yr

arrow icon 57% less
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₹6.1 L/yr - ₹22 L/yr

arrow icon 36% more
1 job opening
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ANZ Banking Group Associate Salary

0 - 12 years exp. (28 salaries)

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₹3.1 L/yr - ₹32.9 L/yr

arrow icon 82% more
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FactSet Associate Salary

0 - 5 years exp. (18 salaries)

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₹3 L/yr - ₹9.2 L/yr

arrow icon 44% less
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Associate salary at Sumitomo Mitsui Banking Corporation ranges between ₹8.2 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 9 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Latest annual salaries shared by Sumitomo Mitsui Banking Corporation Associate

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Experience wise Sumitomo Mitsui Banking Corporation Associate salaries

Last Updated: 4 Jan 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.7 L/yr - ₹10 L/yr
1 year (AmbitionBox Estimate)

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₹8.4 L/yr - ₹10.8 L/yr
2 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹17 L/yr
3 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹11 L/yr
4 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.1 L/yr
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Similar Designation salaries in Sumitomo Mitsui Banking Corporation

Team Lead Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Senior Consultant Salary
(AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.7 L/yr

Salary related reviews for Sumitomo Mitsui Banking Corporation

3.0

Rated by 1 employees for salary & benefits

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

Dislikes

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

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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

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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

Full Time

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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.

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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

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.

Dislikes

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

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Sumitomo Mitsui Banking Corporation Associate Salary FAQs

What is the salary of Associate at Sumitomo Mitsui Banking Corporation?
Associate salary at Sumitomo Mitsui Banking Corporation in India ranges between ₹8.2 Lakhs to ₹14.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 30% more than the average Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation India.
How does the salary of a Associate at Sumitomo Mitsui Banking Corporation India compare with the average salary range for this job?
The average salary of a Associate at Sumitomo Mitsui Banking Corporation is 30% more than the average salary of a Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than Sumitomo Mitsui Banking Corporation to a Associate in India?
  • Go-Jek Associate Salary - ₹19.6 Lakhs to ₹40.0 Lakhs per year
  • Nomura Holdings Associate Salary - ₹10.8 Lakhs to ₹40.0 Lakhs per year
  • JPMorgan Chase & Co. Associate Salary - ₹10.0 Lakhs to ₹35.0 Lakhs per year
  • Citigroup Associate Salary - ₹8.7 Lakhs to ₹21.5 Lakhs per year
  • Bank of America Associate Salary - ₹4.3 Lakhs to ₹32.7 Lakhs per year
What is the salary of a Associate in companies similar to Sumitomo Mitsui Banking Corporation in India?
  • ANZ Banking Group Associate Salary - ₹3.1 Lakhs to ₹32.9 Lakhs per year
  • Standard Chartered Associate Salary - ₹7.7 Lakhs to ₹26.0 Lakhs per year
  • Barclays Associate Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
  • Duff & Phelps Associate Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
  • Credit Suisse Associate Salary - ₹8.1 Lakhs to ₹20.0 Lakhs per year
What is the estimated take home salary of a Associate at Sumitomo Mitsui Banking Corporation in India?
The estimated take-home salary of a Associate at Sumitomo Mitsui Banking Corporation ranges between ₹71,022 per month to ₹72,850 per month in India. The take-home salary calculation is based on the average Sumitomo Mitsui Banking Corporation Associate salary in India which ranges between ₹8.2 Lakhs to ₹14.0 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?
What is the notice period for Associate at Sumitomo Mitsui Banking Corporation?
According to AmbitionBox, 70% of the Sumitomo Mitsui Banking Corporation Associates reported a notice period of 3 Months, 20% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Sumitomo Mitsui Banking Corporation Associate salary in India ranges between ₹8.2 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.