Fedbank Financial Services Mumbai Manager Salaries by 7 Employees

4 - 13 years exp.

₹5.4 Lakhs - ₹8.4 Lakhs

Salary of majority employees

53% less than the average Manager Salary in NBFC Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 10 - 12 years exp. (4 salaries)	₹5.4 L/yr - ₹8 L/yr
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Data Science & Analytics Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹7.6 L/yr - ₹8.9 L/yr

Last Updated: 4 Oct 2024

Companies similar to Fedbank Financial Services for Manager in Mumbai

Fedbank Financial Services Manager Salary

4 - 13 years exp. (7 salaries)

₹5.4 L/yr - ₹8.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Prime Manager Salary 0 - 14 years exp. (59 salaries)	₹5 L/yr - ₹12.2 L/yr 14% more
Tata Capital Housing Finance Manager Salary 0 - 14 years exp. (20 salaries)	₹6.5 L/yr - ₹15 L/yr 67% more
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InCred Finance Manager Salary 2 - 8 years exp. (18 salaries)	₹7 L/yr - ₹21 L/yr 52% more
Bajaj Housing Finance Manager Salary 1 - 8 years exp. (18 salaries)	₹4.7 L/yr - ₹10.6 L/yr 6% less
Sammaan Capital Limited Manager Salary 3 - 13 years exp. (16 salaries)	₹4 L/yr - ₹14 L/yr 8% more
BA Continuum Manager Salary 10 - 15 years exp. (11 salaries)	₹16 L/yr - ₹27.5 L/yr 173% more
SBFC Finance Manager Salary 2 - 15 years exp. (10 salaries)	₹5 L/yr - ₹12.5 L/yr 1% more
Ugro Capital Manager Salary 2 - 12 years exp. (8 salaries)	₹9.9 L/yr - ₹13.7 L/yr 42% more
Tyger Capital Manager Salary 8 - 14 years exp. (5 salaries)	₹4.2 L/yr - ₹8.5 L/yr 9% less
PNB Housing Finance Manager Salary 5 - 9 years exp. (4 salaries)	₹7.6 L/yr - ₹9.3 L/yr 18% more
Home Credit Finance Manager Salary 5 - 14 years exp. (3 salaries)	₹12 L/yr - ₹17.3 L/yr 107% more
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Manager salary at Fedbank Financial Services ranges between ₹5.4 Lakhs to ₹8.4 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Fedbank Financial Services.

Experience wise Fedbank Financial Services Manager salaries in Mumbai

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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6 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
13 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Fedbank Financial Services

Deputy Manager Salary

(20 salaries)

₹4.2 L/yr - ₹8 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

3.3

Rated by 2 employees for salary & benefits

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

a manager - business analyst

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 Manager Salary FAQs

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

The average salary of a Manager at Fedbank Financial Services in Mumbai typically ranges from ₹5.4 Lakhs to ₹8.4 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Manager in Mumbai at Fedbank Financial Services earn more than ₹8.3 Lakhs per year, and the top 1% earn over ₹8.4 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 7 Fedbank Financial Services employees in India.

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

The estimated take-home salary of a Manager at Fedbank Financial Services in Mumbai typically ranges from ₹57,799 to ₹59,254 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹8.4 Lakhs per year for employees with experience ranging from 4 years to 13 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 7 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 Mumbai?

To be a Manager at Fedbank Financial Services in Mumbai, 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?

BA Continuum	₹16.0 Lakhs to ₹27.5 Lakhs per year
Home Credit Finance	₹12.0 Lakhs to ₹17.3 Lakhs per year
Tata Capital Housing Finance	₹6.5 Lakhs to ₹15.0 Lakhs per year
InCred Finance	₹7.0 Lakhs to ₹21.0 Lakhs per year
Ugro Capital	₹9.9 Lakhs to ₹13.7 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 Manager in companies similar to Fedbank Financial Services in Mumbai?

The salary of a 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:

PNB Housing Finance	₹7.6 Lakhs to ₹9.3 Lakhs per year
Kotak Mahindra Prime	₹5.0 Lakhs to ₹12.2 Lakhs per year
Sammaan Capital Limited	₹4.0 Lakhs to ₹14.0 Lakhs per year
SBFC Finance	₹5.0 Lakhs to ₹12.5 Lakhs per year
Bajaj Housing Finance	₹4.7 Lakhs to ₹10.6 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 Manager at Fedbank Financial Services in Mumbai?

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

Experience	Average Salary Range
4 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
5 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
6 years	₹7.0 Lakhs to ₹9.0 Lakhs per year
7 years	₹7.0 Lakhs to ₹9.0 Lakhs per year

and so on.

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Fedbank Financial Services Manager Salaries in Mumbai

Fedbank Financial Services Manager salary in Mumbai ranges between ₹5.4 Lakhs to ₹8.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Fedbank Financial Services latest salaries received from various employees of Fedbank Financial Services.