Sumitomo Mitsui Banking Corporation AVP Salaries by 10+ Employees (Updated 2025)

9 - 16 years exp.

₹17 Lakhs - ₹33.3 Lakhs

Salary of majority employees

Fixed (85%)

₹21.2 Lakhs

Variable (15%)

₹3.8 Lakhs

18% less than the average AVP Salary in Financial Services Companies for 9 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading AVP Salary 10 - 15 years exp. (9 salaries)	₹17 L/yr - ₹33.3 L/yr
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Project & Program Management AVP Salary 14 - 16 years exp. (3 salaries)	₹22 L/yr - ₹25 L/yr

Last Updated: 14 Feb 2025

Companies similar to Sumitomo Mitsui Banking Corporation for AVP

Company name	Avg Annual Salary	Open Jobs
HDFC Bank AVP Salary 9 - 21 years exp. (349 salaries)	₹13.5 L/yr - ₹40 L/yr 2% more
ICICI Bank AVP Salary 4 - 18 years exp. (21 salaries)	₹15 L/yr - ₹35 L/yr 12% less
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Axis Bank AVP Salary 10 - 21 years exp. (364 salaries)	₹12.5 L/yr - ₹42 L/yr At par
Kotak Mahindra Bank AVP Salary 8 - 18 years exp. (167 salaries)	₹9 L/yr - ₹35.2 L/yr 22% less
Yes Bank AVP Salary 6 - 18 years exp. (251 salaries)	₹10.8 L/yr - ₹24 L/yr 37% less
IndusInd Bank AVP Salary 6 - 19 years exp. (262 salaries)	₹9 L/yr - ₹29 L/yr 35% less
IDFC FIRST Bank AVP Salary 10 - 20 years exp. (79 salaries)	₹18 L/yr - ₹37 L/yr 12% more
RBL Bank AVP Salary 7 - 20 years exp. (107 salaries)	₹12 L/yr - ₹23.8 L/yr 25% less
Federal Bank AVP Salary 13 - 16 years exp. (5 salaries)	₹22 L/yr - ₹40 L/yr 14% more
DBS Bank AVP Salary 8 - 17 years exp. (82 salaries)	₹22 L/yr - ₹48 L/yr 42% more
Citicorp AVP Salary 7 - 18 years exp. (958 salaries)	₹20 L/yr - ₹49 L/yr 39% more
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UBS AVP Salary 9 - 17 years exp. (643 salaries)	₹15 L/yr - ₹50.1 L/yr 33% more
Barclays AVP Salary 7 - 18 years exp. (680 salaries)	₹13.9 L/yr - ₹46 L/yr 27% more
JPMorgan Chase & Co. AVP Salary 8 - 19 years exp. (653 salaries)	₹16 L/yr - ₹45 L/yr 23% more
HSBC Group AVP Salary 5 - 18 years exp. (488 salaries)	₹14 L/yr - ₹45 L/yr 18% more
Wells Fargo AVP Salary 5 - 16 years exp. (247 salaries)	₹12.5 L/yr - ₹50 L/yr 18% more
Standard Chartered AVP Salary 9 - 19 years exp. (97 salaries)	₹22 L/yr - ₹55 L/yr 65% more
Bank of America AVP Salary 12 - 20 years exp. (93 salaries)	₹16.9 L/yr - ₹62 L/yr 52% more
State Street Corporation AVP Salary 12 - 20 years exp. (69 salaries)	₹20 L/yr - ₹50 L/yr 44% more
Morgan Stanley AVP Salary 6 - 16 years exp. (52 salaries)	₹13 L/yr - ₹40 L/yr 3% more

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AVP salary at Sumitomo Mitsui Banking Corporation ranges between ₹17 Lakhs to ₹33.3 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 17 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Experience wise Sumitomo Mitsui Banking Corporation AVP salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹32 L/yr
10 years (AmbitionBox Estimate)	₹17 L/yr - ₹45.2 L/yr
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11 years (AmbitionBox Estimate)	₹21.7 L/yr - ₹45.2 L/yr
12 years (3 salaries)	₹24 L/yr - ₹33 L/yr
13 years (3 salaries)	₹24 L/yr - ₹33.3 L/yr
14 years (3 salaries)	₹10 L/yr - ₹31 L/yr
15+ years (3 salaries)	₹22 L/yr - ₹30 L/yr

View all

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

Assistant Vice President Salary

(67 salaries)

₹12 L/yr - ₹35 L/yr

Senior Officer Salary

(50 salaries)

₹5 L/yr - ₹9 L/yr

Analyst Salary

(38 salaries)

₹3.5 L/yr - ₹11 L/yr

Officer Salary

(22 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Senior Analyst Salary

(15 salaries)

₹6.5 L/yr - ₹12 L/yr

Director Salary

(12 salaries)

₹41 L/yr - ₹90 L/yr

Associate Vice President Salary

(9 salaries)

₹18.5 L/yr - ₹29.4 L/yr

Assistant Relationship Manager Salary

(5 salaries)

₹5 L/yr - ₹21.5 L/yr

Vice President Operations Salary

(5 salaries)

₹21 L/yr - ₹31.8 L/yr

Project Manager Salary

(5 salaries)

₹12.5 L/yr - ₹19 L/yr

Salary related reviews for Sumitomo Mitsui Banking Corporation

3.0

Rated by 4 employees for salary & benefits

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

Vice President (VP) in Mumbai

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

Salary - Poor

+4 more

see more salary related reviews

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Sumitomo Mitsui Banking Corporation AVP Salary FAQs

What is the salary of AVP at Sumitomo Mitsui Banking Corporation?

AVP salary at Sumitomo Mitsui Banking Corporation in India ranges between ₹17.0 Lakhs to ₹33.3 Lakhs for experience between 9 years to 16 years. According to our estimates it is 18% less than the average AVP Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation India.

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

The average salary of a AVP at Sumitomo Mitsui Banking Corporation is 18% less than the average salary of a AVP in India. To know exact salary insights, login to view.

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

Standard Chartered AVP Salary - ₹22.0 Lakhs to ₹55.0 Lakhs per year
Bank of America AVP Salary - ₹16.9 Lakhs to ₹62.0 Lakhs per year
State Street Corporation AVP Salary - ₹20.0 Lakhs to ₹50.0 Lakhs per year
DBS Bank AVP Salary - ₹22.0 Lakhs to ₹48.0 Lakhs per year
Citicorp AVP Salary - ₹20.0 Lakhs to ₹49.0 Lakhs per year

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

American Express AVP Salary - ₹22.0 Lakhs to ₹48.0 Lakhs per year
Nomura Holdings AVP Salary - ₹17.0 Lakhs to ₹53.0 Lakhs per year
UBS AVP Salary - ₹15.0 Lakhs to ₹50.1 Lakhs per year
Barclays AVP Salary - ₹13.9 Lakhs to ₹46.0 Lakhs per year
JPMorgan Chase & Co. AVP Salary - ₹16.0 Lakhs to ₹45.0 Lakhs per year

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

The estimated take-home salary of a AVP at Sumitomo Mitsui Banking Corporation ranges between ₹1,58,525 per month to ₹1,64,556 per month in India. The take-home salary calculation is based on the average Sumitomo Mitsui Banking Corporation AVP salary in India which ranges between ₹17.0 Lakhs to ₹33.3 Lakhs per year for employees with experience between 9 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 88% of the Sumitomo Mitsui Banking Corporation AVPs reported a notice period of 3 Months, 12% reported a notice period of 1 Month.This is based on 17 responses on AmbitionBox in last 2 years.

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Sumitomo Mitsui Banking Corporation AVP Salaries

Sumitomo Mitsui Banking Corporation AVP salary in India ranges between ₹17 Lakhs to ₹33.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.