Fedbank Financial Services Chennai IT Manager Salaries by 4 Employees

12 - 18 years exp.

₹8.5 Lakhs - ₹11.5 Lakhs

Salary of majority employees

23% less than the average IT Manager Salary in NBFC Companies for 12 - 18 years of experience

Interested in this particular role?

Last Updated: 13 Mar 2023

Companies similar to Fedbank Financial Services for IT Manager in Chennai

Fedbank Financial Services IT Manager Salary

12 - 18 years exp. (4 salaries)

₹8.5 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Wipro IT Manager Salary 5 - 15 years exp. (16 salaries)	₹3.5 L/yr - ₹14.1 L/yr 25% less
Cholamandalam Investment & Finance IT Manager Salary 10 - 18 years exp. (15 salaries)	₹9.5 L/yr - ₹19.2 L/yr 37% more
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Equitas Small Finance Bank IT Manager Salary 5 - 13 years exp. (13 salaries)	₹6.9 L/yr - ₹19 L/yr 30% more
Unimoni IT Manager Salary 9 - 16 years exp. (11 salaries)	₹15.7 L/yr - ₹22 L/yr 75% more
Flex IT Manager Salary 13 - 18 years exp. (11 salaries)	₹18 L/yr - ₹27 L/yr 115% more

IT Manager salary at Fedbank Financial Services ranges between ₹8.5 Lakhs to ₹11.5 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Fedbank Financial Services.

Experience wise Fedbank Financial Services IT Manager salaries in Chennai

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
14 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr
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15+ years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.2 L/yr

Top skills at Fedbank Financial Services for IT Manager

DBMS SQL Queries LMS Finone Closing LOS

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Fedbank Financial Services IT Manager Salary FAQs

What is the salary of IT Manager at Fedbank Financial Services in Chennai?

The average salary of a IT Manager at Fedbank Financial Services in Chennai typically ranges from ₹8.5 Lakhs to ₹11.5 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of IT Manager in Chennai at Fedbank Financial Services earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. IT 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 4 Fedbank Financial Services employees in India.

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

The estimated take-home salary of a IT Manager at Fedbank Financial Services in Chennai typically ranges from ₹77,111 to ₹79,112 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹11.5 Lakhs per year for employees with experience ranging from 12 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 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 IT Manager at Fedbank Financial Services in Chennai?

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

- DBMS
- SQL Queries
- LMS
- Finone
- Closing

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 IT Manager in India?

Flex	₹18.0 Lakhs to ₹27.0 Lakhs per year
Unimoni	₹15.7 Lakhs to ₹22.0 Lakhs per year
Cholamandalam Investment & Finance	₹9.5 Lakhs to ₹19.2 Lakhs per year
Equitas Small Finance Bank	₹6.9 Lakhs to ₹19.0 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.

What is the salary of a IT Manager in companies similar to Fedbank Financial Services in Chennai?

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

Wipro

₹3.5 Lakhs to ₹14.1 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 IT Manager at Fedbank Financial Services in Chennai?

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

Experience	Average Salary Range
12 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
14 years	₹10.4 Lakhs to ₹13.2 Lakhs per year
15 years	₹10.4 Lakhs to ₹13.2 Lakhs per year

and so on.

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Fedbank Financial Services IT Manager Salaries in Chennai

Fedbank Financial Services IT Manager salary in Chennai ranges between ₹8.5 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Fedbank Financial Services latest salaries received from various employees of Fedbank Financial Services.