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

9 - 16 years exp.

₹17 Lakhs - ₹32 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% 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)	₹17 L/yr - ₹31 L/yr
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Project & Program Management AVP Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹22 L/yr - ₹23.5 L/yr

Last Updated: 14 Feb 2025

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

Sumitomo Mitsui Banking Corporation AVP Salary

9 - 16 years exp. (12 salaries)

₹17 L/yr - ₹32 L/yr

Company name	Avg Annual Salary	Open Jobs
HSBC Group AVP Salary 6 - 17 years exp. (38 salaries)	₹14 L/yr - ₹46 L/yr 40% more
IndusInd Bank AVP Salary 6 - 16 years exp. (36 salaries)	₹10 L/yr - ₹27 L/yr 35% less
Login to view exact salary
NatWest Group AVP Salary 9 - 17 years exp. (34 salaries)	₹16 L/yr - ₹36 L/yr 6% more
HDFC Bank AVP Salary 10 - 21 years exp. (32 salaries)	₹13.5 L/yr - ₹36 L/yr 2% less
Barclays AVP Salary 7 - 16 years exp. (31 salaries)	₹18 L/yr - ₹35.5 L/yr 31% more

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

₹31 Lakhs

14 years exp.

5mo ago

₹21.7 Lakhs

11 years exp.

8mo ago

₹31 Lakhs

13 years exp.

10mo ago

₹22.5 Lakhs

16 years exp.

1y ago

₹22 Lakhs

15 years exp.

1y ago

10 years exp.

1y ago

10 years exp.

1y ago

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)	₹21.3 L/yr - ₹27.3 L/yr
10 years (AmbitionBox Estimate)	₹21.4 L/yr - ₹27.4 L/yr
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11 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.4 L/yr
12 years (AmbitionBox Estimate)	₹21.5 L/yr - ₹27.5 L/yr
13 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
14 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
15+ years (AmbitionBox Estimate)	₹21.7 L/yr - ₹27.8 L/yr

View all

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

Assistant Vice President Salary

(36 salaries)

₹12 L/yr - ₹32 L/yr

Senior Officer Salary

(34 salaries)

₹5 L/yr - ₹8.8 L/yr

Analyst Salary

(34 salaries)

₹3.5 L/yr - ₹11 L/yr

Officer Salary

(18 salaries)

₹3.5 L/yr - ₹5.6 L/yr

Senior Analyst Salary

(15 salaries)

₹7 L/yr - ₹12.5 L/yr

Project Manager Salary

(5 salaries)

₹12.5 L/yr - ₹19 L/yr

Vice President Operations Salary

(4 salaries)

₹30 L/yr - ₹31.8 L/yr

Associate Vice President Salary

(3 salaries)

₹20 L/yr - ₹29.4 L/yr

Assistant Relationship Manager Salary

(3 salaries)

₹5 L/yr - ₹11.8 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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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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	₹14.0 Lakhs to ₹46.0 Lakhs per year
Barclays	₹18.0 Lakhs to ₹35.5 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 Salaries in New Delhi

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