Federal Bank Area Sales Manager Salaries by 9 Employees (Updated 2025)

9 - 18 years exp.

₹7 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

At par with the average Area Sales Manager Salary in Banking Companies for 9 - 18 years of experience

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Salaries in different departments

Sales & Business Development Area Sales Manager Salary 10 - 18 years exp. (6 salaries)	₹10.2 L/yr - ₹14 L/yr
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BFSI, Investments & Trading Area Sales Manager Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr

Last Updated: 3 Feb 2025

Companies similar to Federal Bank for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Sales Manager Salary 8 - 20 years exp. (314 salaries)	₹7.4 L/yr - ₹24.1 L/yr 60% more
ICICI Bank Area Sales Manager Salary 2 - 13 years exp. (98 salaries)	₹3.1 L/yr - ₹13.4 L/yr 18% less
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Axis Bank Area Sales Manager Salary 6 - 21 years exp. (737 salaries)	₹6.7 L/yr - ₹23 L/yr 51% more	3 job openings
State Bank of India Area Sales Manager Salary 5 - 13 years exp. (10 salaries)	₹5.5 L/yr - ₹12.2 L/yr 4% less
Kotak Mahindra Bank Area Sales Manager Salary 6 - 16 years exp. (237 salaries)	₹5.5 L/yr - ₹23 L/yr 36% more
IndusInd Bank Area Sales Manager Salary 4 - 18 years exp. (1k salaries)	₹5 L/yr - ₹17 L/yr 14% more
Yes Bank Area Sales Manager Salary 8 - 17 years exp. (216 salaries)	₹6 L/yr - ₹23 L/yr 45% more	1 job opening
IDFC FIRST Bank Area Sales Manager Salary 5 - 17 years exp. (230 salaries)	₹7 L/yr - ₹24 L/yr 46% more
RBL Bank Area Sales Manager Salary 6 - 15 years exp. (81 salaries)	₹4.1 L/yr - ₹15.8 L/yr 5% less	2 job openings
Bandhan Bank Area Sales Manager Salary 6 - 18 years exp. (112 salaries)	₹5 L/yr - ₹17.6 L/yr 3% more
Jana Small Finance Bank Area Sales Manager Salary 4 - 16 years exp. (69 salaries)	₹2.6 L/yr - ₹12.1 L/yr 25% less
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Standard Chartered Area Sales Manager Salary 7 - 16 years exp. (25 salaries)	₹8.7 L/yr - ₹24 L/yr 41% more
Ujjivan Small Finance Bank Area Sales Manager Salary 6 - 18 years exp. (24 salaries)	₹7 L/yr - ₹22.3 L/yr 54% more	1 job opening
Utkarsh Small Finance Bank Area Sales Manager Salary 5 - 16 years exp. (13 salaries)	₹6 L/yr - ₹15.5 L/yr 5% less
Karur Vysya Bank Area Sales Manager Salary 9 - 14 years exp. (8 salaries)	₹8 L/yr - ₹19.8 L/yr 38% more
IDBI Bank Area Sales Manager Salary 0 - 11 years exp. (5 salaries)	₹5.7 L/yr - ₹10 L/yr 10% less

Area Sales Manager salary at Federal Bank ranges between ₹7 Lakhs to ₹14 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 9 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Area Sales Manager salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10 L/yr
10 years (AmbitionBox Estimate)	₹7 L/yr - ₹13 L/yr
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11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹14 L/yr
12 years (3 salaries)	₹9 L/yr - ₹14 L/yr
13 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
14 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
15+ years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12.5 L/yr

View all

Similar Designation salaries in Federal Bank

Sales Manager Salary

(12 salaries)

₹4.5 L/yr - ₹6.6 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Area Manager Salary

(3 salaries)

₹6.2 L/yr - ₹10 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹3.25 L/yr - ₹8.38 L/yr

Senior Area Sales Manager Salary

(AmbitionBox Estimate)

₹10.5 L/yr - ₹13.5 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Territory Sales Manager Salary

(6 salaries)

₹11 L/yr - ₹26 L/yr

Branch Manager Salary

(47 salaries)

₹8.2 L/yr - ₹22 L/yr

Cluster Manager Salary

(4 salaries)

₹0.8 L/yr - ₹6 L/yr

Deputy Manager Salary

(6 salaries)

₹6.55 L/yr - ₹13.42 L/yr

Salary related reviews for Federal Bank

4.0

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

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Federal Bank Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at Federal Bank ?

The average salary of a Area Sales Manager at Federal Bank in India typically ranges from ₹7.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of Area Sales Manager at Federal Bank earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Area Sales Manager Salaries at Federal Bank 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 9 Federal Bank employees in India.

What is the estimated take home salary of a Area Sales Manager at Federal Bank in India?

The estimated take-home salary of a Area Sales Manager at Federal Bank in India typically ranges from ₹69,611 to ₹71,400 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 9 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 9 salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Federal Bank for Area Sales Manager in India?

HDFC Bank	₹7.4 Lakhs to ₹24.1 Lakhs per year
Ujjivan Small Finance Bank	₹7.0 Lakhs to ₹22.3 Lakhs per year
Axis Bank	₹6.7 Lakhs to ₹23.0 Lakhs per year
IDFC FIRST Bank	₹7.0 Lakhs to ₹24.0 Lakhs per year
Yes Bank	₹6.0 Lakhs to ₹23.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Federal Bank, depending on the role and experience level.

What is the salary of a Area Sales Manager in companies similar to Federal Bank in India?

The salary of a Area Sales Manager at companies similar to Federal Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹8.7 Lakhs to ₹24.0 Lakhs per year
Karur Vysya Bank	₹8.0 Lakhs to ₹19.8 Lakhs per year
Kotak Mahindra Bank	₹5.5 Lakhs to ₹23.0 Lakhs per year
IndusInd Bank	₹5.0 Lakhs to ₹17.0 Lakhs per year
Bandhan Bank	₹5.0 Lakhs to ₹17.6 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 Area Sales Manager at Federal Bank in India?

The salary growth for a Area Sales Manager at Federal Bank depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager can expect the following growth trajectory at Federal Bank:

Experience	Average Salary Range
9 years	₹3.3 Lakhs to ₹10.0 Lakhs per year
10 years	₹7.0 Lakhs to ₹13.0 Lakhs per year
11 years	₹3.6 Lakhs to ₹14.0 Lakhs per year
12 years	₹9.0 Lakhs to ₹14.0 Lakhs per year

and so on.

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Federal Bank Area Sales Manager Salaries

Federal Bank Area Sales Manager salary in India ranges between ₹7 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Federal Bank latest salaries received from various employees of Federal Bank.