Sumitomo Mitsui Banking Corporation Officer Salaries by 20+ Employees

0 - 5 years exp.

₹3.5 Lakhs - ₹5.6 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

At par with the average Officer Salary in Financial Services Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Officer Salary 1 - 5 years exp. (9 salaries)	₹3.5 L/yr - ₹5.6 L/yr
Customer Success, Service & Operations Officer Salary 1 - 2 years exp. (4 salaries)	₹4 L/yr - ₹5.5 L/yr
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Finance & Accounting Officer Salary 0 - 1 year exp. (3 salaries)	₹3.8 L/yr - ₹4.5 L/yr
Legal & Regulatory Officer Salary 2 - 3 years exp. (3 salaries)	₹4.5 L/yr - ₹5.2 L/yr

Last Updated: 11 Aug 2024

Companies similar to Sumitomo Mitsui Banking Corporation for Officer

Company name	Avg Annual Salary	Open Jobs
Citicorp Officer Salary 2 - 15 years exp. (2.9k salaries)	₹10.6 L/yr - ₹35.9 L/yr 389% more
State Street Corporation Officer Salary 9 - 14 years exp. (174 salaries)	₹10 L/yr - ₹35 L/yr 377% more
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UBS Officer Salary 5 - 11 years exp. (31 salaries)	₹6.2 L/yr - ₹17.5 L/yr 131% more
Northern Trust Operating Services Officer Salary 4 - 14 years exp. (26 salaries)	₹11 L/yr - ₹22.5 L/yr 195% more
BNP Paribas Officer Salary 2 - 11 years exp. (11 salaries)	₹3.3 L/yr - ₹6.7 L/yr 11% less
JPMorgan Chase & Co. Officer Salary 0 - 6 years exp. (7 salaries)	₹9.3 L/yr - ₹26.1 L/yr 231% more
Wells Fargo Officer Salary 7 - 12 years exp. (4 salaries)	₹10.5 L/yr - ₹21.4 L/yr 226% more
Manappuram Home Finance Officer Salary 0 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹3.1 L/yr 34% less
American Express Officer Salary 2 - 4 years exp. (3 salaries)	₹1.9 L/yr - ₹5.2 L/yr 36% less

Officer salary at Sumitomo Mitsui Banking Corporation ranges between ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 22 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Latest annual salaries shared by Sumitomo Mitsui Banking Corporation Officer

6mo ago

₹5.5 Lakhs

5 years exp.

11mo ago

₹4.7 Lakhs

2 years exp.

11mo ago

₹4.8 Lakhs

1 year exp.

1y ago

₹4.5 Lakhs

3 years exp.

1y ago

₹4 Lakhs

4 years exp.

1y ago

1 year exp.

1y ago

1 year exp.

1y ago

1 year exp.

1y ago

1 year exp.

1y ago

2 years exp.

Experience wise Sumitomo Mitsui Banking Corporation Officer salaries

Last Updated: 11 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.8 L/yr - ₹8 L/yr
1 year (8 salaries)	₹3.5 L/yr - ₹4.8 L/yr
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2 years (5 salaries)	₹4.5 L/yr - ₹5.6 L/yr
3 years (4 salaries)	₹4 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.6 L/yr
5 years (3 salaries)	₹4.5 L/yr - ₹5.5 L/yr

View all

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Top skills at Sumitomo Mitsui Banking Corporation for Officer

Trade Finance Pivot Table HLOOKUP Training Export Excel Induction Disbursement Pivot Formulas Onboarding Talent Acquisition Benefits Sourcing Conditional Formatting

Salary related reviews for Sumitomo Mitsui Banking Corporation

1.4

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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Top trending discussions

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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 Officer Salary FAQs

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

The average salary of a Officer at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹3.5 Lakhs to ₹5.6 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Officer at Sumitomo Mitsui Banking Corporation earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Officer 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 20+ Sumitomo Mitsui Banking Corporation employees in India.

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

The estimated take-home salary of a Officer at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹34,753 to ₹35,997 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from Fresher to 5 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 20+ 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 Officer at Sumitomo Mitsui Banking Corporation ?

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

- Trade Finance
- Pivot Table
- HLOOKUP
- Training
- Export

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 Officer in India?

Citicorp	₹10.6 Lakhs to ₹35.9 Lakhs per year
State Street Corporation	₹10.0 Lakhs to ₹35.0 Lakhs per year
JPMorgan Chase & Co.	₹9.3 Lakhs to ₹26.1 Lakhs per year
Wells Fargo	₹10.5 Lakhs to ₹21.4 Lakhs per year
Northern Trust Operating Services	₹11.0 Lakhs to ₹22.5 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 Officer in companies similar to Sumitomo Mitsui Banking Corporation in India?

The salary of a Officer 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:

UBS	₹6.2 Lakhs to ₹17.5 Lakhs per year
BNP Paribas	₹3.3 Lakhs to ₹6.7 Lakhs per year
Manappuram Home Finance	₹3.1 Lakhs to ₹3.1 Lakhs per year
American Express	₹1.9 Lakhs to ₹5.2 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 Officer at Sumitomo Mitsui Banking Corporation in India?

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

Experience	Average Salary Range
Fresher	₹3.8 Lakhs to ₹8.0 Lakhs per year
1 year	₹3.5 Lakhs to ₹4.8 Lakhs per year
2 years	₹4.5 Lakhs to ₹5.6 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.2 Lakhs per year

and so on.

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Sumitomo Mitsui Banking Corporation Officer Salaries

Sumitomo Mitsui Banking Corporation Officer salary in India ranges between ₹3.5 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.