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Sumitomo Mitsui Banking Corporation Vice President IT salaries in India (Updated 2025)

Annual salary range
16 - 18 years exp.
₹37 Lakhs - ₹65 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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11% more than the average Vice President IT Salary in Financial Services Companies for 16 - 18 years of experience

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Salaries in different departments

Strategic & Top Management
Vice President IT Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹61.8 L/yr - ₹68.3 L/yr

Project & Program Management
Vice President IT Salary
16 years exp. (AmbitionBox Estimate)
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₹33.3 L/yr - ₹40.7 L/yr

Quality Assurance
Vice President IT Salary
16 years exp. (AmbitionBox Estimate)
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₹48.5 L/yr - ₹53.6 L/yr

Last Updated: 20 Mar 2025

Companies similar to Sumitomo Mitsui Banking Corporation for Vice President IT

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Vice President IT Salary

11 - 20 years exp. (110 salaries)

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₹30 L/yr - ₹77.9 L/yr

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Citicorp Vice President IT Salary

13 - 20 years exp. (63 salaries)

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₹30 L/yr - ₹60 L/yr

arrow icon 12% less
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Morgan Stanley Vice President IT Salary

10 - 18 years exp. (36 salaries)

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₹30 L/yr - ₹76 L/yr

arrow icon 11% less
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Wells Fargo Vice President IT Salary

12 - 21 years exp. (26 salaries)

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₹31 L/yr - ₹70 L/yr

arrow icon 7% less
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UBS Vice President IT Salary

11 - 21 years exp. (14 salaries)

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₹37.3 L/yr - ₹76 L/yr

arrow icon 4% less
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₹47 L/yr - ₹94 L/yr

arrow icon 13% more
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Synchrony Vice President IT Salary

17 - 24 years exp. (3 salaries)

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₹50 L/yr - ₹57.7 L/yr

arrow icon 5% less
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BNP Paribas Vice President IT Salary

18 - 20 years exp. (3 salaries)

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₹49 L/yr - ₹60 L/yr

arrow icon 6% less
Vice President IT salary at Sumitomo Mitsui Banking Corporation ranges between ₹37 Lakhs to ₹65 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.

Latest annual salaries shared by Sumitomo Mitsui Banking Corporation Vice President IT

3d ago
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16 years exp.
1y ago
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18 years exp.

Experience wise Sumitomo Mitsui Banking Corporation Vice President IT salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹37 L/yr - ₹65 L/yr

Similar Designation salaries in Sumitomo Mitsui Banking Corporation

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₹9 L/yr - ₹17.7 L/yr
IT Officer Salary
(5 salaries)
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₹3.5 L/yr - ₹6 L/yr
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₹3.5 L/yr - ₹4 L/yr
Technology Head Salary
(AmbitionBox Estimate)
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₹93.6 L/yr - ₹103.4 L/yr
EMC Storage Administrator Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
IT Business Analyst Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr
IT Infrastructure Manager Salary
(AmbitionBox Estimate)
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₹13.2 L/yr - ₹16.9 L/yr
Scrum Master Salary
(AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.3 L/yr
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₹9.9 L/yr - ₹12.6 L/yr
Senior Technical Architect Salary
(AmbitionBox Estimate)
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₹40.5 L/yr - ₹51.7 L/yr

Top skills at Sumitomo Mitsui Banking Corporation for Vice President IT

Finance IT Operations ITIL Certified IT Infrastructure Vendor Management Project Management Server IT Security Data Center Compliance Vulnerability Management IT Infrastructure Cisa Service Delivery Cissp

Salary related reviews for Sumitomo Mitsui Banking Corporation

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
see more salary related reviews

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Sumitomo Mitsui Banking Corporation Vice President IT Salary FAQs

What is the salary of Vice President IT at Sumitomo Mitsui Banking Corporation ?
The average salary of a Vice President IT at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹37.0 Lakhs to ₹65.0 Lakhs per year, depending on experience (from 16 years to 18 years).

The top 10% of Vice President IT at Sumitomo Mitsui Banking Corporation earn more than ₹65.0 Lakhs per year, and the top 1% earn over ₹65.0 Lakhs per year. Vice President IT 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 4 Sumitomo Mitsui Banking Corporation employees in India.
What is the estimated take home salary of a Vice President IT at Sumitomo Mitsui Banking Corporation in India?
The estimated take-home salary of a Vice President IT at Sumitomo Mitsui Banking Corporation in India typically ranges from ₹3,13,531 to ₹3,25,657 per month. This is based on the average salary range of ₹37.0 Lakhs to ₹65.0 Lakhs per year for employees with experience ranging from 16 years to 18 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 4 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 Vice President IT at Sumitomo Mitsui Banking Corporation ?
To be a Vice President IT at Sumitomo Mitsui Banking Corporation in india, the key skills required include:

  • - Finance
  • - IT Operations
  • - ITIL Certified
  • - IT Infrastructure
  • - Vendor Management

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 Vice President IT in India?
State Street Corporation ₹47.0 Lakhs to ₹94.0 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 Vice President IT in companies similar to Sumitomo Mitsui Banking Corporation in India?
The salary of a Vice President IT 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 ₹37.3 Lakhs to ₹76.0 Lakhs per year
Synchrony ₹50.0 Lakhs to ₹57.7 Lakhs per year
BNP Paribas ₹49.0 Lakhs to ₹60.0 Lakhs per year
Wells Fargo ₹31.0 Lakhs to ₹70.0 Lakhs per year
Morgan Stanley ₹30.0 Lakhs to ₹76.0 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 Vice President IT at Sumitomo Mitsui Banking Corporation in India?
The salary growth for a Vice President IT at Sumitomo Mitsui Banking Corporation depends on factors such as experience, performance, and promotions. On average, a Vice President IT can expect the following growth trajectory at Sumitomo Mitsui Banking Corporation:

Experience Average Salary Range
15 years ₹37.0 Lakhs to ₹65.0 Lakhs per year
and so on.

Tell us how to improve this page.

Sumitomo Mitsui Banking Corporation Vice President IT salary in India ranges between ₹37 Lakhs to ₹65 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Sumitomo Mitsui Banking Corporation latest salaries received from various employees of Sumitomo Mitsui Banking Corporation.