Sumitomo Mitsui Banking Corporation Project Manager Salaries by 5 Employees

6 - 8 years exp.

₹12.5 Lakhs - ₹19 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

9% less than the average Project Manager Salary in Financial Services Companies for 6 - 8 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 6 - 8 years exp. (3 salaries)	₹12.5 L/yr - ₹17.7 L/yr
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Product Management Project Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹17 L/yr - ₹19 L/yr

Last Updated: 16 Mar 2023

Companies similar to Sumitomo Mitsui Banking Corporation for Project Manager

Company name	Avg Annual Salary	Open Jobs
Wells Fargo Project Manager Salary 7 - 18 years exp. (178 salaries)	₹11 L/yr - ₹37.5 L/yr 33% more
JPMorgan Chase & Co. Project Manager Salary 9 - 18 years exp. (186 salaries)	₹11 L/yr - ₹39 L/yr 63% more
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American Express Project Manager Salary 5 - 17 years exp. (120 salaries)	₹8.8 L/yr - ₹30 L/yr 28% more
Citicorp Project Manager Salary 9 - 18 years exp. (102 salaries)	₹13 L/yr - ₹55 L/yr 99% more
BNP Paribas Project Manager Salary 8 - 17 years exp. (85 salaries)	₹10 L/yr - ₹34.5 L/yr 40% more	1 job opening
UBS Project Manager Salary 8 - 15 years exp. (55 salaries)	₹10.3 L/yr - ₹33.8 L/yr 31% more
State Street Corporation Project Manager Salary 8 - 17 years exp. (45 salaries)	₹13 L/yr - ₹30.8 L/yr 41% more
Morgan Stanley Project Manager Salary 3 - 13 years exp. (31 salaries)	₹9.5 L/yr - ₹30 L/yr 23% more
Aon Project Manager Salary 6 - 17 years exp. (23 salaries)	₹8 L/yr - ₹28 L/yr 18% more
Morningstar Project Manager Salary 8 - 13 years exp. (13 salaries)	₹11.2 L/yr - ₹29 L/yr 27% more	3 job openings
Marsh McLennan Project Manager Salary 9 - 16 years exp. (14 salaries)	₹12.3 L/yr - ₹35 L/yr 45% more
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TMF Group Project Manager Salary 10 - 19 years exp. (12 salaries)	₹20.9 L/yr - ₹35 L/yr 66% more
Northern Trust Operating Services Project Manager Salary 6 - 18 years exp. (7 salaries)	₹8.4 L/yr - ₹36 L/yr 27% more
Travelex Project Manager Salary 11 - 15 years exp. (6 salaries)	₹20 L/yr - ₹26 L/yr 32% more
Synchrony Project Manager Salary 9 - 16 years exp. (5 salaries)	₹14 L/yr - ₹24 L/yr 14% more
ICE Data Services Project Manager Salary 15 - 22 years exp. (4 salaries)	₹22 L/yr - ₹36.5 L/yr 77% more
DTCC Project Manager Salary 14 - 18 years exp. (4 salaries)	₹18 L/yr - ₹23.6 L/yr 32% more
IQ-EQ Project Manager Salary 8 - 13 years exp. (3 salaries)	₹28 L/yr - ₹34 L/yr 89% more	1 job opening
FactSet Project Manager Salary 11 - 16 years exp. (3 salaries)	₹17 L/yr - ₹20 L/yr 13% more

Project Manager salary at Sumitomo Mitsui Banking Corporation ranges between ₹12.5 Lakhs to ₹19 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Experience wise Sumitomo Mitsui Banking Corporation Project Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹19 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹17.7 L/yr
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8 years (AmbitionBox Estimate)	₹14 L/yr - ₹26 L/yr

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

Product Manager Salary

(4 salaries)

₹11 L/yr - ₹28 L/yr

Scrum Master Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Business Analyst Salary

(3 salaries)

₹7 L/yr - ₹7.2 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.7 L/yr

Assistant Vice President Salary

(69 salaries)

₹12 L/yr - ₹35 L/yr

Salary related reviews for Sumitomo Mitsui Banking Corporation

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

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

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 Project Manager Salary FAQs

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

The average salary of a Project Manager at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹12.5 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Project Manager at Sumitomo Mitsui Banking Corporation earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Project 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 5 Sumitomo Mitsui Banking Corporation employees in India.

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

The estimated take-home salary of a Project Manager at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹1,08,761 to ₹1,11,766 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 6 years to 8 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 5 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 Project Manager in India?

Citicorp	₹13.0 Lakhs to ₹55.0 Lakhs per year
IQ-EQ	₹28.0 Lakhs to ₹34.0 Lakhs per year
ICE Data Services	₹22.0 Lakhs to ₹36.5 Lakhs per year
TMF Group	₹20.9 Lakhs to ₹35.0 Lakhs per year
JPMorgan Chase & Co.	₹11.0 Lakhs to ₹39.0 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 Project Manager in companies similar to Sumitomo Mitsui Banking Corporation in India?

The salary of a Project 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:

Marsh McLennan	₹12.3 Lakhs to ₹35.0 Lakhs per year
State Street Corporation	₹13.0 Lakhs to ₹30.8 Lakhs per year
BNP Paribas	₹10.0 Lakhs to ₹34.5 Lakhs per year
Wells Fargo	₹11.0 Lakhs to ₹37.5 Lakhs per year
DTCC	₹18.0 Lakhs to ₹23.6 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 Project Manager at Sumitomo Mitsui Banking Corporation in India?

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

Experience	Average Salary Range
6 years	₹12.5 Lakhs to ₹19.0 Lakhs per year
7 years	₹6.4 Lakhs to ₹17.7 Lakhs per year
8 years	₹14.0 Lakhs to ₹26.0 Lakhs per year

and so on.

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Sumitomo Mitsui Banking Corporation Project Manager Salaries

Sumitomo Mitsui Banking Corporation Project Manager salary in India ranges between ₹12.5 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.