Fedbank Financial Services Chennai Manager Salaries by 6 Employees

8 - 15 years exp.

₹3.6 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

60% less than the average Manager Salary in NBFC Companies for 8 - 15 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 8 - 10 years exp. (3 salaries)	₹4.5 L/yr - ₹6 L/yr
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Administration & Facilities Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.2 L/yr

Last Updated: 28 Nov 2023

Companies similar to Fedbank Financial Services for Manager in Chennai

Fedbank Financial Services Manager Salary

8 - 15 years exp. (6 salaries)

₹3.6 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Prime Manager Salary 5 - 14 years exp. (16 salaries)	₹5 L/yr - ₹9.9 L/yr 19% more
Hero FinCorp Manager Salary 7 - 9 years exp. (3 salaries)	₹8 L/yr - ₹10.5 L/yr 30% more
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InCred Finance Manager Salary 6 - 10 years exp. (3 salaries)	₹5.7 L/yr - ₹10 L/yr 34% more
Cognizant Manager Salary 8 - 20 years exp. (1.6k salaries)	₹13 L/yr - ₹40.5 L/yr 261% more
Capgemini Manager Salary 5 - 19 years exp. (1.1k salaries)	₹11 L/yr - ₹36 L/yr 232% more	1 job opening

Manager salary at Fedbank Financial Services ranges between ₹3.6 Lakhs to ₹10 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 6 latest salaries received from various employees of Fedbank Financial Services.

Experience wise Fedbank Financial Services Manager salaries in Chennai

Last Updated: 28 Nov 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
9 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
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10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
13 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
14 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
15+ years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

View all

Similar Designation salaries in Fedbank Financial Services

Relationship Executive Salary

(12 salaries)

₹1.5 L/yr - ₹3.93 L/yr

Customer Service Executive Salary

(7 salaries)

₹2.4 L/yr - ₹3.2 L/yr

Associate Vice President Salary

(5 salaries)

₹15.8 L/yr - ₹27 L/yr

Sales Coordinator Salary

(5 salaries)

₹2.88 L/yr - ₹4 L/yr

Top skills at Fedbank Financial Services for Manager

MS Office Budgeting Finance MIS Preparation Vendor Management

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

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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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Fedbank Financial Services Manager Salary FAQs

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

The average salary of a Manager at Fedbank Financial Services in Chennai typically ranges from ₹3.6 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Manager in Chennai at Fedbank Financial Services earn more than ₹9.6 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. 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 6 Fedbank Financial Services employees in India.

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

The estimated take-home salary of a Manager at Fedbank Financial Services in Chennai typically ranges from ₹51,431 to ₹52,643 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 8 years to 15 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 6 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 Manager at Fedbank Financial Services in Chennai?

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

- MS Office
- Budgeting
- Finance
- MIS Preparation
- Vendor Management

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 Manager in India?

Cognizant	₹13.0 Lakhs to ₹40.5 Lakhs per year
Capgemini	₹11.0 Lakhs to ₹36.0 Lakhs per year
InCred Finance	₹5.7 Lakhs to ₹10.0 Lakhs per year
Hero FinCorp	₹8.0 Lakhs to ₹10.5 Lakhs per year
Kotak Mahindra Prime	₹5.0 Lakhs to ₹9.9 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 Manager at Fedbank Financial Services in Chennai?

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

Experience	Average Salary Range
8 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
9 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
10 years	₹6.1 Lakhs to ₹7.7 Lakhs per year
11 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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Fedbank Financial Services Manager Salaries in Chennai

Fedbank Financial Services Manager salary in Chennai ranges between ₹3.6 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Fedbank Financial Services latest salaries received from various employees of Fedbank Financial Services.