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

Annual salary range
9 - 16 years exp.
₹17 Lakhs - ₹32 Lakhs
Salary of majority employees
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15% 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 - 14 years exp. (5 salaries)
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₹17 L/yr - ₹31 L/yr

Project & Program Management
AVP Salary
15 - 16 years exp. (AmbitionBox Estimate)
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₹22 L/yr - ₹23.5 L/yr

Last Updated: 14 Feb 2025

Companies similar to Sumitomo Mitsui Banking Corporation for AVP in New Delhi

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Sumitomo Mitsui Banking Corporation AVP Salary

9 - 16 years exp. (12 salaries)

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₹17 L/yr - ₹32 L/yr

vs
Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. AVP Salary

8 - 15 years exp. (7 salaries)

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₹22 L/yr - ₹36 L/yr

arrow icon 31% more
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IndusInd Bank AVP Salary

6 - 16 years exp. (36 salaries)

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₹10 L/yr - ₹27 L/yr

arrow icon 35% less
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HSBC Group AVP Salary

8 - 17 years exp. (37 salaries)

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₹17 L/yr - ₹46 L/yr

arrow icon 36% more
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NatWest Group AVP Salary

9 - 17 years exp. (34 salaries)

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₹16 L/yr - ₹36 L/yr

arrow icon 7% more
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HDFC Bank AVP Salary

10 - 21 years exp. (32 salaries)

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₹13.5 L/yr - ₹36 L/yr

arrow icon 1% less
AVP salary at Sumitomo Mitsui Banking Corporation ranges between ₹17 Lakhs to ₹32 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 12 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

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

1mo ago
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14 years exp.
4mo ago
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11 years exp.
8mo ago
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13 years exp.
10mo ago
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16 years exp.
11mo ago
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15 years exp.
1y ago
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10 years exp.
1y ago
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10 years exp.
1y ago
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12 years exp.

Experience wise Sumitomo Mitsui Banking Corporation AVP salaries in New Delhi

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹21.3 L/yr - ₹27.3 L/yr
10 years (AmbitionBox Estimate)

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₹21.4 L/yr - ₹27.4 L/yr
11 years (AmbitionBox Estimate)

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₹21.5 L/yr - ₹27.4 L/yr
12 years (AmbitionBox Estimate)

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₹21.5 L/yr - ₹27.5 L/yr
13 years (AmbitionBox Estimate)

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₹21.6 L/yr - ₹27.6 L/yr
View all

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

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₹12 L/yr - ₹32 L/yr
Senior Officer Salary
(34 salaries)
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₹5 L/yr - ₹8.8 L/yr
Analyst Salary
(34 salaries)
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₹3.5 L/yr - ₹11 L/yr
Officer Salary
(18 salaries)
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₹3.5 L/yr - ₹5.6 L/yr
Senior Analyst Salary
(12 salaries)
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₹9 L/yr - ₹12.5 L/yr
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₹12.5 L/yr - ₹19 L/yr
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₹30 L/yr - ₹31.8 L/yr
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₹20 L/yr - ₹29.4 L/yr
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₹5 L/yr - ₹11.8 L/yr

Salary related reviews for Sumitomo Mitsui Banking Corporation

3.0

Rated by 4 employees for salary & benefits

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

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

read more
  • Salary - Poor
  • +4 more
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Sumitomo Mitsui Banking Corporation AVP Salary FAQs

What is the salary of AVP at Sumitomo Mitsui Banking Corporation in New Delhi?
The average salary of a AVP at Sumitomo Mitsui Banking Corporation in New Delhi typically ranges from ₹17.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 9 years to 16 years).

The top 10% of AVP in New Delhi at Sumitomo Mitsui Banking Corporation earn more than ₹31.3 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. AVP 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 10+ Sumitomo Mitsui Banking Corporation employees in India.
What is the estimated take home salary of a AVP at Sumitomo Mitsui Banking Corporation in New Delhi?
The estimated take-home salary of a AVP at Sumitomo Mitsui Banking Corporation in New Delhi typically ranges from ₹1,52,780 to ₹1,58,551 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 9 years to 16 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 10+ salaries received from various employees of Sumitomo Mitsui Banking Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Sumitomo Mitsui Banking Corporation for AVP in India?
HSBC Group ₹17.0 Lakhs to ₹46.0 Lakhs per year
JPMorgan Chase & Co. ₹22.0 Lakhs to ₹36.0 Lakhs per year
NatWest Group ₹16.0 Lakhs to ₹36.0 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 AVP in companies similar to Sumitomo Mitsui Banking Corporation in New Delhi?
The salary of a AVP 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:

HDFC Bank ₹13.5 Lakhs to ₹36.0 Lakhs per year
IndusInd Bank ₹10.0 Lakhs to ₹27.0 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 AVP at Sumitomo Mitsui Banking Corporation in New Delhi?
The salary growth for a AVP at Sumitomo Mitsui Banking Corporation in New Delhi depends on factors such as experience, performance, and promotions. On average, a AVP in New Delhi can expect the following growth trajectory at Sumitomo Mitsui Banking Corporation:

Experience Average Salary Range
9 years ₹21.3 Lakhs to ₹27.3 Lakhs per year
10 years ₹21.4 Lakhs to ₹27.4 Lakhs per year
11 years ₹21.5 Lakhs to ₹27.4 Lakhs per year
12 years ₹21.5 Lakhs to ₹27.5 Lakhs per year
and so on.

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Sumitomo Mitsui Banking Corporation AVP salary in New Delhi ranges between ₹17 Lakhs to ₹32 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.