Sumitomo Mitsui Banking Corporation Manager Salaries by 40+ Employees

3 - 14 years exp.

₹10.1 Lakhs - ₹25 Lakhs

Avg. annual salary

Monthly In-hand Salary

6% more than the average Manager Salary in Financial Services Companies for 3 - 14 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Manager Salary 3 - 14 years exp. (30 salaries)	₹11.5 L/yr - ₹25 L/yr
Human Resources Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹24 L/yr
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Quality Assurance Manager Salary 11 - 14 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹16.3 L/yr
Procurement & Supply Chain Manager Salary 10 years exp. (AmbitionBox Estimate)	₹10.1 L/yr - ₹15 L/yr

Last Updated: 27 Dec 2024

Companies similar to Sumitomo Mitsui Banking Corporation for Manager

Company name	Avg Annual Salary	Open Jobs
Citicorp Manager Salary 4 - 19 years exp. (2.3k salaries)	₹11.5 L/yr - ₹39 L/yr 31% more
Morgan Stanley Manager Salary 3 - 12 years exp. (2k salaries)	₹10.7 L/yr - ₹42 L/yr 40% more
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State Street Corporation Manager Salary 7 - 18 years exp. (1.3k salaries)	₹11 L/yr - ₹35 L/yr 23% more
JPMorgan Chase & Co. Manager Salary 6 - 16 years exp. (1k salaries)	₹7 L/yr - ₹28 L/yr 3% less
American Express Manager Salary 3 - 12 years exp. (450 salaries)	₹15.3 L/yr - ₹52 L/yr 105% more
BNP Paribas Manager Salary 8 - 18 years exp. (490 salaries)	₹8 L/yr - ₹31 L/yr 6% more
Synchrony Manager Salary 2 - 9 years exp. (164 salaries)	₹6.8 L/yr - ₹24 L/yr 11% less	1 job opening
Marsh McLennan Manager Salary 3 - 16 years exp. (153 salaries)	₹8.2 L/yr - ₹34 L/yr 15% more
UBS Manager Salary 8 - 15 years exp. (140 salaries)	₹9 L/yr - ₹28 L/yr 1% less
Wells Fargo Manager Salary 9 - 17 years exp. (119 salaries)	₹10 L/yr - ₹36.9 L/yr 26% more	2 job openings

View all

Manager salary at Sumitomo Mitsui Banking Corporation ranges between ₹10.1 Lakhs to ₹25 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 45 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Latest annual salaries shared by Sumitomo Mitsui Banking Corporation Manager

1w ago

₹14 Lakhs

11 years exp.

5mo ago

₹14 Lakhs

10 years exp.

5mo ago

₹20 Lakhs

12 years exp.

9mo ago

₹20 Lakhs

11 years exp.

1y ago

₹25 Lakhs

8 years exp.

1y ago

11 years exp.

1y ago

3 years exp.

1y ago

7 years exp.

1y ago

7 years exp.

1y ago

10 years exp.

Experience wise Sumitomo Mitsui Banking Corporation Manager salaries

Last Updated: 27 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹20 L/yr
4 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.5 L/yr
Login to view exact salary
5 years (4 salaries)	₹15 L/yr - ₹19 L/yr
6 years (AmbitionBox Estimate)	₹15 L/yr - ₹32.2 L/yr
7 years (8 salaries)	₹12 L/yr - ₹25 L/yr
8 years (6 salaries)	₹11.5 L/yr - ₹25 L/yr
9 years (AmbitionBox Estimate)	₹17 L/yr - ₹18.5 L/yr
10 years (7 salaries)	₹10.1 L/yr - ₹30.6 L/yr
11 years (7 salaries)	₹12 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20 L/yr
13 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹29.5 L/yr
14 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹17 L/yr

View all

From

Manager

3 - 14 years exp.

Assistant Vice President

6 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

Credit Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Senior Analyst Salary

(18 salaries)

₹6.5 L/yr - ₹12.5 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.7 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Assistant Vice President Salary

(69 salaries)

₹12 L/yr - ₹35 L/yr

Top skills at Sumitomo Mitsui Banking Corporation for Manager

IT Security Account Opening Enterprise Risk Business Strategy UAT

Salary related reviews for Sumitomo Mitsui Banking Corporation

1.7

Rated by 7 employees for salary & benefits

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

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

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 Manager Salary FAQs

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

The average salary of a Manager at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹10.1 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Manager at Sumitomo Mitsui Banking Corporation earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Manager 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 40+ Sumitomo Mitsui Banking Corporation employees in India.

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

The estimated take-home salary of a Manager at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹1,17,226 to ₹1,20,504 per month. This is based on the average salary range of ₹10.1 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 3 years to 14 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 40+ salaries received from various employees of Sumitomo Mitsui Banking Corporation. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager at Sumitomo Mitsui Banking Corporation ?

To be a Manager at Sumitomo Mitsui Banking Corporation in india, the key skills required include:

- IT Security
- Account Opening
- Enterprise Risk
- Business Strategy
- UAT

These skills are highly valued at Sumitomo Mitsui Banking Corporation and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Sumitomo Mitsui Banking Corporation for Manager in India?

Go-Jek	₹29.0 Lakhs to ₹80.0 Lakhs per year
American Express	₹15.3 Lakhs to ₹52.0 Lakhs per year
FactSet	₹23.3 Lakhs to ₹46.0 Lakhs per year
Wolters Kluwer ELM Solutions	₹16.1 Lakhs to ₹42.0 Lakhs per year
Morningstar	₹15.4 Lakhs to ₹31.0 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 Manager in companies similar to Sumitomo Mitsui Banking Corporation in India?

The salary of a Manager at companies similar to Sumitomo Mitsui Banking Corporation in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Morgan Stanley	₹10.7 Lakhs to ₹42.0 Lakhs per year
Citicorp	₹11.5 Lakhs to ₹39.0 Lakhs per year
Travelex	₹15.0 Lakhs to ₹28.4 Lakhs per year
Wells Fargo	₹10.0 Lakhs to ₹36.9 Lakhs per year
State Street Corporation	₹11.0 Lakhs to ₹35.0 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 Manager at Sumitomo Mitsui Banking Corporation in India?

The salary growth for a Manager at Sumitomo Mitsui Banking Corporation depends on factors such as experience, performance, and promotions. On average, a Manager can expect the following growth trajectory at Sumitomo Mitsui Banking Corporation:

Experience	Average Salary Range
3 years	₹17.8 Lakhs to ₹20.0 Lakhs per year
4 years	₹15.0 Lakhs to ₹19.5 Lakhs per year
5 years	₹15.0 Lakhs to ₹19.0 Lakhs per year
6 years	₹15.0 Lakhs to ₹32.2 Lakhs per year

and so on.

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Sumitomo Mitsui Banking Corporation Manager Salaries

Sumitomo Mitsui Banking Corporation Manager salary in India ranges between ₹10.1 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 45 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.