Fedbank Financial Services Mumbai Branch Manager Salaries by 10+ Employees (Updated 2025)

5 - 14 years exp.

₹4.3 Lakhs - ₹7 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Branch Manager Salary in NBFC Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 6 - 14 years exp. (5 salaries)	₹4.3 L/yr - ₹6.2 L/yr
Finance & Accounting Branch Manager Salary 5 - 10 years exp. (5 salaries)	₹4.4 L/yr - ₹6.2 L/yr
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Sales & Business Development Branch Manager Salary 5 - 12 years exp. (5 salaries)	₹5 L/yr - ₹7 L/yr

Last Updated: 5 Jan 2025

Companies similar to Fedbank Financial Services for Branch Manager in Mumbai

Fedbank Financial Services Branch Manager Salary

5 - 14 years exp. (16 salaries)

₹4.3 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Shubham Housing Development Finance Branch Manager Salary 7 - 13 years exp. (11 salaries)	₹3.4 L/yr - ₹7.2 L/yr 13% more
MAS Financial Services Branch Manager Salary 4 - 12 years exp. (11 salaries)	₹4.3 L/yr - ₹12.5 L/yr 27% more
Login to view exact salary
SBFC Finance Branch Manager Salary 5 - 12 years exp. (5 salaries)	₹3.4 L/yr - ₹4.6 L/yr 26% less	3 job openings
Kinara Capital Branch Manager Salary 7 - 13 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 16% less
ICICI Bank Branch Manager Salary 4 - 20 years exp. (227 salaries)	₹6 L/yr - ₹25 L/yr 132% more

Branch Manager salary at Fedbank Financial Services ranges between ₹4.3 Lakhs to ₹7 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 16 latest salaries received from various employees of Fedbank Financial Services.

Experience wise Fedbank Financial Services Branch Manager salaries in Mumbai

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
6 years (3 salaries)	₹4.3 L/yr - ₹7 L/yr
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7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
10 years (3 salaries)	₹4.7 L/yr - ₹6.2 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
12 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr

View all

Similar Designation salaries in Fedbank Financial Services

Deputy Manager Salary

(20 salaries)

₹4.2 L/yr - ₹8 L/yr

Sales Manager Salary

(4 salaries)

₹6.1 L/yr - ₹9 L/yr

Top skills at Fedbank Financial Services for Branch Manager

Branch Management Branch Management Cross Selling KYC Gold Loan Marketing Customer Service Third Party Products Loan against Property Finance Loans Management Interpersonal Skills Distribution query

Salary related reviews for Fedbank Financial Services

4.5

Rated by 2 employees for salary & benefits

Area Manager in Visakhapatnam

marketing Department

5.0

• posted on 23 Nov 2019

3.0

for Salary and Benefits

Likes

...ed the area as the best in organisation with intact constitutional policy only. Expecting good appraisals and salary growth, and achieved the same for year and half long only.

Skill development - Excellent

+4 more

Dislikes

Being an organisation new to the world, has to sustain to market with policies. But the every quarter changing the policies will effect the business growth and man power may demise.

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Fedbank Financial Services Branch Manager Salary FAQs

What is the salary of Branch Manager at Fedbank Financial Services in Mumbai?

The average salary of a Branch Manager at Fedbank Financial Services in Mumbai typically ranges from ₹4.3 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Branch Manager in Mumbai at Fedbank Financial Services earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Branch Manager 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 10+ Fedbank Financial Services employees in India.

What is the estimated take home salary of a Branch Manager at Fedbank Financial Services in Mumbai?

The estimated take-home salary of a Branch Manager at Fedbank Financial Services in Mumbai typically ranges from ₹45,549 to ₹46,632 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 5 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 10+ 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 Branch Manager at Fedbank Financial Services in Mumbai?

To be a Branch Manager at Fedbank Financial Services in Mumbai, the key skills required include:

- Branch Management
- Branch Management
- Cross Selling
- KYC
- Gold Loan

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 Branch Manager in India?

ICICI Bank	₹6.0 Lakhs to ₹25.0 Lakhs per year
MAS Financial Services	₹4.3 Lakhs to ₹12.5 Lakhs per year
Shubham Housing Development Finance	₹3.4 Lakhs to ₹7.2 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.

What is the salary of a Branch Manager in companies similar to Fedbank Financial Services in Mumbai?

The salary of a Branch Manager at companies similar to Fedbank Financial Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kinara Capital	₹3.5 Lakhs to ₹5.5 Lakhs per year
SBFC Finance	₹3.4 Lakhs to ₹4.6 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 Branch Manager at Fedbank Financial Services in Mumbai?

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

Experience	Average Salary Range
5 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
6 years	₹4.3 Lakhs to ₹7.0 Lakhs per year
7 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
8 years	₹5.3 Lakhs to ₹6.8 Lakhs per year

and so on.

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Fedbank Financial Services Branch Manager Salaries in Mumbai

Fedbank Financial Services Branch Manager salary in Mumbai ranges between ₹4.3 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Fedbank Financial Services latest salaries received from various employees of Fedbank Financial Services.