Federal Bank Area Manager Salaries by 3 Employees (Updated 2025)

9 - 18 years exp.

₹6.2 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

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14% less than the average Area Manager Salary in Banking Companies for 9 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 9 - 13 years exp. (AmbitionBox Estimate)	Unlock ₹6.2 L/yr - ₹8.6 L/yr
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Sales & Business Development Area Manager Salary 18 years exp. (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹11 L/yr

Last Updated: 26 Nov 2023

Companies similar to Federal Bank for Area Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Manager Salary 6 - 17 years exp. (76 salaries)	Unlock ₹5.7 L/yr - ₹20 L/yr 46% more
ICICI Bank Area Manager Salary 2 - 17 years exp. (88 salaries)	Unlock ₹4.3 L/yr - ₹11.5 L/yr 4% more
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Axis Bank Area Manager Salary 6 - 16 years exp. (137 salaries)	Unlock ₹4.5 L/yr - ₹16.2 L/yr 19% more
Kotak Mahindra Bank Area Manager Salary 10 - 21 years exp. (92 salaries)	Unlock ₹7 L/yr - ₹27 L/yr 106% more
IndusInd Bank Area Manager Salary 10 - 19 years exp. (65 salaries)	Unlock ₹6.4 L/yr - ₹26.4 L/yr 80% more
Yes Bank Area Manager Salary 3 - 14 years exp. (16 salaries)	Unlock ₹5.8 L/yr - ₹16.6 L/yr 16% more
IDFC FIRST Bank Area Manager Salary 4 - 20 years exp. (26 salaries)	Unlock ₹5 L/yr - ₹18 L/yr 44% more
RBL Bank Area Manager Salary 6 - 16 years exp. (19 salaries)	Unlock ₹3.8 L/yr - ₹11.5 L/yr 12% less
Bandhan Bank Area Manager Salary 0 - 15 years exp. (348 salaries)	Unlock ₹2.4 L/yr - ₹10 L/yr 37% less
Ujjivan Small Finance Bank Area Manager Salary 7 - 18 years exp. (169 salaries)	Unlock ₹7 L/yr - ₹20.9 L/yr 64% more
Jana Small Finance Bank Area Manager Salary 2 - 12 years exp. (158 salaries)	Unlock ₹1.5 L/yr - ₹8 L/yr 43% less
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Utkarsh Small Finance Bank Area Manager Salary 4 - 12 years exp. (36 salaries)	Unlock ₹3.5 L/yr - ₹8.5 L/yr 33% less
Union Bank of India Area Manager Salary 7 - 18 years exp. (4 salaries)	Unlock ₹3.5 L/yr - ₹9 L/yr 36% less
Standard Chartered Area Manager Salary 4 - 6 years exp. (3 salaries)	Unlock ₹8.5 L/yr - ₹11.4 L/yr 31% more

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Area Manager salary at Federal Bank ranges between ₹6.2 Lakhs to ₹10 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 3 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Area Manager salaries

Last Updated: 26 Nov 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	Unlock ₹5.6 L/yr - ₹7.1 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹7.7 L/yr - ₹9.8 L/yr
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15+ years (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹11.5 L/yr

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Salary related reviews for Federal Bank

5.0

Rated by 1 employees for salary & benefits

Sales Manager in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

One small joke without infrom direct immediately reliving with last month salary also cut.... Total my bank career this organization worst feeling my carrer, Any one not joining this organization , if u join your career kollab

Dislikes

This organization without information direct immediately reliving and lost month salary also cut total my bank career this organization worst feeling my career, any one not joining this organization my suggestion

Salary - Poor

+6 more

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 May 2022

4.0

for Salary and Benefits

Likes

... 2. HR policies are favorable for employees. 3. Sales pressure is moderate. 4. Joining salary is one of the best in the industry.

Salary - Good

+3 more

Dislikes

1. Unclear process for business development. 2. Union culture, a hurdle in work culture. 3. Learning is confined. 4. No performance linked incentive & annual increments are peanuts.

Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 Nov 2024

5.0

for Salary and Benefits

Likes

Pay scale is good, less Pressure,

Salary - Excellent

+3 more

Dislikes

Policy and sales pressure as someone who want to learn more about wealth management and investment, I'm stuck in log-in days this learning curve is bad some Officers are treating customer as it's late 90s where they can move customer from counter to counter and delay paper work, not realising that it is also affecting other's efficiency as well. last but not least Transfer policy, not able to move to a desired location even if Mutual agreement is there

Skill development - Poor

+1 more

Assistant Manager in Khambhalia

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary and perks are good

Job security - Good

Dislikes

and if talking about work life balance no such thing lies in Federal Bank. No one care about you if you're posted in rural branch you'll be like nothing for management. No one will talk about your career growth this is pathetic about federal bank

Skill development - Bad

+4 more

Assistant Manager Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 14 May 2024

5.0

for Salary and Benefits

Likes

Salary and other compensation reimbursement and job security

Salary - Excellent

+2 more

Dislikes

Work life balance is worst.. if sales is not your thing you wont get any credit for other operational work done by you. Banking is all about selling insurance products

Work-life balance - Poor

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Federal Bank Area Manager Salary FAQs

What is the notice period for Area Manager at Federal Bank?

According to AmbitionBox, 100% of the Federal Bank Area Managers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Federal Bank Area Manager Salaries

Federal Bank Area Manager salary in India ranges between ₹6.2 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Federal Bank latest salaries received from various employees of Federal Bank.