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Sumitomo Mitsui Banking Corporation Director salaries in Mumbai (Updated 2025)

Annual salary range
13 - 19 years exp.
₹51 Lakhs - ₹90 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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32% more than the average Director Salary in Financial Services Companies for 13 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Director Salary
14 - 19 years exp. (6 salaries)
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₹51 L/yr - ₹90 L/yr

Risk Management & Compliance
Director Salary
13 - 14 years exp. (AmbitionBox Estimate)
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₹68.6 L/yr - ₹70 L/yr

Last Updated: 25 Jan 2025

Companies similar to Sumitomo Mitsui Banking Corporation for Director in Mumbai

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Sumitomo Mitsui Banking Corporation Director Salary

13 - 19 years exp. (10 salaries)

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₹51 L/yr - ₹90 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Morgan Stanley Director Salary

5 - 15 years exp. (715 salaries)

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₹11.9 L/yr - ₹44.2 L/yr

arrow icon 62% less
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UBS Director Salary

11 - 24 years exp. (142 salaries)

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₹28 L/yr - ₹1 Cr/yr

arrow icon 17% less
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Citicorp Director Salary

15 - 25 years exp. (20 salaries)

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₹60 L/yr - ₹1.2 Cr/yr

arrow icon 48% more
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BNP Paribas Director Salary

14 - 25 years exp. (13 salaries)

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₹65 L/yr - ₹1 Cr/yr

arrow icon 27% more
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Marsh McLennan Director Salary

15 - 20 years exp. (12 salaries)

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₹33.5 L/yr - ₹59.7 L/yr

arrow icon 25% less
2 job openings
Director salary at Sumitomo Mitsui Banking Corporation ranges between ₹51 Lakhs to ₹90 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 10 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Latest annual salaries shared by Sumitomo Mitsui Banking Corporation Director in Mumbai

2mo ago
₹58 Lakhs
15 years exp.
2mo ago
₹64 Lakhs
19 years exp.
4mo ago
₹70 Lakhs
14 years exp.
5mo ago
₹85 Lakhs
17 years exp.
6mo ago
₹70 Lakhs
13 years exp.
9mo ago
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17 years exp.
1y ago
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13 years exp.
1y ago
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14 years exp.
1y ago
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15 years exp.
1y ago
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17 years exp.

Experience wise Sumitomo Mitsui Banking Corporation Director salaries in Mumbai

Last Updated: 25 Jan 2025

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹65.2 L/yr - ₹72 L/yr
14 years (AmbitionBox Estimate)

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₹65.1 L/yr - ₹72 L/yr
15+ years  (6 salaries)

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₹58 L/yr - ₹90 L/yr

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

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₹23 L/yr - ₹30 L/yr
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₹25 L/yr - ₹29.4 L/yr

Salary related reviews for Sumitomo Mitsui Banking Corporation

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Rated by 1 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 Director Salary FAQs

What is the salary of Director at Sumitomo Mitsui Banking Corporation in Mumbai?
The average salary of a Director at Sumitomo Mitsui Banking Corporation in Mumbai typically ranges from ₹51.0 Lakhs to ₹90.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Director in Mumbai at Sumitomo Mitsui Banking Corporation earn more than ₹87.5 Lakhs per year, and the top 1% earn over ₹90.0 Lakhs per year. Director 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 Director at Sumitomo Mitsui Banking Corporation in Mumbai?
The estimated take-home salary of a Director at Sumitomo Mitsui Banking Corporation in Mumbai typically ranges from ₹3,77,740 to ₹3,90,262 per month. This is based on the average salary range of ₹51.0 Lakhs to ₹90.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 Director in India?
Citicorp ₹60.0 Lakhs to ₹115.0 Lakhs per year
BNP Paribas ₹65.0 Lakhs to ₹102.0 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 Director in companies similar to Sumitomo Mitsui Banking Corporation in Mumbai?
The salary of a Director at companies similar to Sumitomo Mitsui Banking Corporation in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UBS ₹28.0 Lakhs to ₹100.0 Lakhs per year
Marsh McLennan ₹33.5 Lakhs to ₹59.7 Lakhs per year
Morgan Stanley ₹11.9 Lakhs to ₹44.2 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 Director at Sumitomo Mitsui Banking Corporation in Mumbai?
The salary growth for a Director at Sumitomo Mitsui Banking Corporation in Mumbai depends on factors such as experience, performance, and promotions. On average, a Director in Mumbai can expect the following growth trajectory at Sumitomo Mitsui Banking Corporation:

Experience Average Salary Range
13 years ₹65.2 Lakhs to ₹72.0 Lakhs per year
14 years ₹65.1 Lakhs to ₹72.0 Lakhs per year
15 years ₹58.0 Lakhs to ₹90.0 Lakhs per year
and so on.

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Sumitomo Mitsui Banking Corporation Director salary in Mumbai ranges between ₹51 Lakhs to ₹90 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.