Fedbank Financial Services Mumbai Associate Vice President Salaries by 8 Employees

11 - 20 years exp.

₹16 Lakhs - ₹32 Lakhs

Avg. annual salary

Monthly In-hand Salary

30% less than the average Associate Vice President Salary in NBFC Companies for 11 - 20 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Vice President Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹19.5 L/yr - ₹25 L/yr
BFSI, Investments & Trading Associate Vice President Salary 15 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹24.1 L/yr
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Risk Management & Compliance Associate Vice President Salary 11 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹24.8 L/yr

Last Updated: 30 Jan 2024

Companies similar to Fedbank Financial Services for Associate Vice President in Mumbai

Fedbank Financial Services Associate Vice President Salary

11 - 20 years exp. (8 salaries)

₹16 L/yr - ₹32 L/yr

Company name	Avg Annual Salary	Open Jobs
InCred Finance Associate Vice President Salary 7 - 11 years exp. (10 salaries)	₹13.8 L/yr - ₹30 L/yr 7% more
BA Continuum Associate Vice President Salary 13 - 17 years exp. (4 salaries)	₹38 L/yr - ₹52 L/yr 91% more
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Tata Capital Housing Finance Associate Vice President Salary 14 - 15 years exp. (3 salaries)	₹25 L/yr - ₹36.2 L/yr 47% more
Kotak Mahindra Bank Associate Vice President Salary 3 - 21 years exp. (728 salaries)	₹9.7 L/yr - ₹37 L/yr At par
JPMorgan Chase & Co. Associate Vice President Salary 6 - 20 years exp. (648 salaries)	₹13 L/yr - ₹46.5 L/yr 46% more	1 job opening

Associate Vice President salary at Fedbank Financial Services ranges between ₹16 Lakhs to ₹32 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 8 latest salaries received from various employees of Fedbank Financial Services.

Experience wise Fedbank Financial Services Associate Vice President salaries in Mumbai

Last Updated: 30 Jan 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
12 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.7 L/yr
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13 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
14 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹24 L/yr
15+ years (4 salaries)	₹16 L/yr - ₹32 L/yr

Similar Designation salaries in Fedbank Financial Services

Technical Manager Salary

(5 salaries)

₹14.4 L/yr - ₹21 L/yr

Project Manager Salary

(4 salaries)

₹10.5 L/yr - ₹18 L/yr

Top skills at Fedbank Financial Services for Associate Vice President

Finance Account Management Income Tax Financial Management Auditing Advance Tax Taxation IGAAP IND Tax Audit

Salary related reviews for Fedbank Financial Services

Regional Credit Head in Bangalore / Bengaluru

Risk Management & Compliance Department

5.0

• posted on 09 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Importance given to adhere company values.If any one skilful will get a chance express and explore the things. Top management is very good and it's employee friendly company.

Skill development - Excellent

+4 more

Dislikes

...be there.But I want take positive thing's . Can't express drastic career growth.Compensation not so great. Some work culture with in our department needs improvement and confusion with department structure is misunderstood and mis utilised...

Graphic Designer in Andheri

Full Time

UX, Design & Architecture Department

5.0

• posted on 19 Apr 2022

5.0

for Salary and Benefits

Likes

... of experience in their field , while working with them I learnt so many things. Company policies are good and they give good salary hike. Happy to work with them.

Salary - Excellent

+6 more

Dislikes

There is no such thinngs

Customer Service Executive in Salem

Gold Loan Department

3.0

• posted on 29 Mar 2021

4.0

for Salary and Benefits

Likes

Salary given was good.

Salary - Good

Dislikes

No proper training given. There is designation of RE and CSE is not fair. Bcoz there should be equal importance given to both sales and operations. My Suggestion was to maintain both the roles given to each staff. Then only coordination of the staff can be possible.rating of sales and ops should be same for every staff. This is my humble request to be consider. If it is done means each one can given sales and also avoid operation deviation.

Skill development - Poor

+1 more

Legal Manager in Mumbai

Legal & Regulatory Department

1.0

• posted on 27 Aug 2022

1.0

for Salary and Benefits

Likes

You get to learn all the aspects of loan disbursement

Skill development - Good

Dislikes

Zero work life balance. Your work is not appreciated with compensation. When you speak to HR about the same they don’t even listen to you neither do they take any actions

Salary - Bad

+4 more

Relationship Executive in Vijayawada

Other Department

4.0

• posted on 26 Sep 2018

1.0

for Salary and Benefits

Likes

There is no Training,job security there is no problem,career no growth,salary is in time is good no appraisals, no travel expenses,politics is very important too much politics,no leraning only working, work environments is good

Skill development - Excellent

+2 more

Dislikes

No career

Salary - Bad

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Fedbank Financial Services Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Fedbank Financial Services in Mumbai?

The average salary of a Associate Vice President at Fedbank Financial Services in Mumbai typically ranges from ₹16.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of Associate Vice President in Mumbai at Fedbank Financial Services earn more than ₹31.4 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Associate Vice President Salaries at Fedbank Financial Services 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 8 Fedbank Financial Services employees in India.

What is the estimated take home salary of a Associate Vice President at Fedbank Financial Services in Mumbai?

The estimated take-home salary of a Associate Vice President at Fedbank Financial Services in Mumbai typically ranges from ₹1,41,168 to ₹1,46,414 per month. This is based on the average salary range of ₹16.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 11 years to 20 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 8 salaries received from various employees of Fedbank Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Vice President at Fedbank Financial Services in Mumbai?

To be a Associate Vice President at Fedbank Financial Services in Mumbai, the key skills required include:

- Finance
- Account Management
- Income Tax
- Financial Management
- Auditing

These skills are highly valued at Fedbank Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Fedbank Financial Services for Associate Vice President in India?

BA Continuum	₹38.0 Lakhs to ₹52.0 Lakhs per year
Tata Capital Housing Finance	₹25.0 Lakhs to ₹36.2 Lakhs per year
JPMorgan Chase & Co.	₹13.0 Lakhs to ₹46.5 Lakhs per year
InCred Finance	₹13.8 Lakhs to ₹30.0 Lakhs per year
Kotak Mahindra Bank	₹9.7 Lakhs to ₹37.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Fedbank Financial Services, depending on the role and experience level.

How the salary growth look like for a Associate Vice President at Fedbank Financial Services in Mumbai?

The salary growth for a Associate Vice President at Fedbank Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate Vice President in Mumbai can expect the following growth trajectory at Fedbank Financial Services:

Experience	Average Salary Range
11 years	₹17.3 Lakhs to ₹22.1 Lakhs per year
12 years	₹17.8 Lakhs to ₹22.7 Lakhs per year
13 years	₹18.3 Lakhs to ₹23.4 Lakhs per year
14 years	₹18.8 Lakhs to ₹24.0 Lakhs per year

and so on.

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Fedbank Financial Services Associate Vice President Salaries in Mumbai

Fedbank Financial Services Associate Vice President salary in Mumbai ranges between ₹16 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Fedbank Financial Services latest salaries received from various employees of Fedbank Financial Services.