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 - 19 years exp. (312 salaries)	₹6.9 L/yr - ₹23.9 L/yr 53% more
ICICI Bank Area Sales Manager Salary 2 - 13 years exp. (99 salaries)	₹3.1 L/yr - ₹13.4 L/yr 19% less
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Axis Bank Area Sales Manager Salary 6 - 21 years exp. (890 salaries)	₹6.5 L/yr - ₹23 L/yr 50% more	1 job opening
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. (265 salaries)	₹5.6 L/yr - ₹23 L/yr 34% more
IndusInd Bank Area Sales Manager Salary 4 - 18 years exp. (1.1k salaries)	₹5 L/yr - ₹17 L/yr 13% more	1 job opening
Yes Bank Area Sales Manager Salary 8 - 17 years exp. (229 salaries)	₹6.8 L/yr - ₹21 L/yr 43% more	1 job opening
IDFC FIRST Bank Area Sales Manager Salary 5 - 17 years exp. (217 salaries)	₹6 L/yr - ₹24 L/yr 45% more
RBL Bank Area Sales Manager Salary 6 - 15 years exp. (79 salaries)	₹4.1 L/yr - ₹15.8 L/yr 3% less	2 job openings
Bandhan Bank Area Sales Manager Salary 6 - 18 years exp. (108 salaries)	₹4.9 L/yr - ₹17.6 L/yr 5% more
Jana Small Finance Bank Area Sales Manager Salary 4 - 16 years exp. (70 salaries)	₹2.6 L/yr - ₹12.7 L/yr 24% 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. (20 salaries)	₹7.5 L/yr - ₹22.3 L/yr 46% more
Utkarsh Small Finance Bank Area Sales Manager Salary 5 - 16 years exp. (15 salaries)	₹4.9 L/yr - ₹12 L/yr 7% less
Karur Vysya Bank Area Sales Manager Salary 9 - 14 years exp. (8 salaries)	₹8 L/yr - ₹19.8 L/yr 39% 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

(11 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

(5 salaries)

₹11 L/yr - ₹26 L/yr

Branch Manager Salary

(46 salaries)

₹8.1 L/yr - ₹22 L/yr

Cluster Manager Salary

(3 salaries)

₹0.8 L/yr - ₹6 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹13.8 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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Federal Bank Area Sales Manager Salary FAQs

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

Area Sales Manager salary at Federal Bank in India ranges between ₹7.0 Lakhs to ₹14.0 Lakhs for experience between 9 years to 18 years. According to our estimates it is 2% less than the average Area Sales Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Federal Bank India.

How does the salary of a Area Sales Manager at Federal Bank India compare with the average salary range for this job?

The average salary of a Area Sales Manager at Federal Bank is 2% less than the average salary of a Area Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Area Sales Manager in India?

HDFC Bank Area Sales Manager Salary - ₹6.9 Lakhs to ₹23.9 Lakhs per year
Axis Bank Area Sales Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
Ujjivan Small Finance Bank Area Sales Manager Salary - ₹7.5 Lakhs to ₹22.3 Lakhs per year
IDFC FIRST Bank Area Sales Manager Salary - ₹6.0 Lakhs to ₹24.0 Lakhs per year
Yes Bank Area Sales Manager Salary - ₹6.8 Lakhs to ₹21.0 Lakhs per year

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

Standard Chartered Area Sales Manager Salary - ₹8.7 Lakhs to ₹24.0 Lakhs per year
Karur Vysya Bank Area Sales Manager Salary - ₹8.0 Lakhs to ₹19.8 Lakhs per year
Kotak Mahindra Bank Area Sales Manager Salary - ₹5.6 Lakhs to ₹23.0 Lakhs per year
IndusInd Bank Area Sales Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
Bandhan Bank Area Sales Manager Salary - ₹4.9 Lakhs to ₹17.6 Lakhs per year

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 ranges between ₹69,611 per month to ₹71,400 per month in India. The take-home salary calculation is based on the average Federal Bank Area Sales Manager salary in India which ranges between ₹7.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 9 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 62% of the Federal Bank Area Sales Managers reported a notice period of 1 Month, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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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.