Federal Bank Assistant Manager Salaries by 600+ Employees (Updated 2025)

0 - 10 years exp.

₹6 Lakhs - ₹20 Lakhs

Salary of majority employees

Fixed (94%)

₹11.9 Lakhs

Variable (6%)

₹0.8 Lakh

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50% more than the average Assistant Manager Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 0 - 10 years exp. (205 salaries)	Unlock ₹6 L/yr - ₹20 L/yr
Finance & Accounting Assistant Manager Salary 0 - 9 years exp. (86 salaries)	Unlock ₹5.6 L/yr - ₹18 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 0 - 10 years exp. (75 salaries)	Unlock ₹5.6 L/yr - ₹18 L/yr
Marketing & Communication Assistant Manager Salary 0 - 6 years exp. (30 salaries)	Unlock ₹7 L/yr - ₹17 L/yr
Data Science & Analytics Assistant Manager Salary 0 - 9 years exp. (25 salaries)	Unlock ₹6 L/yr - ₹18 L/yr

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Last Updated: 5 Mar 2025

Companies similar to Federal Bank for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 68% less
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.4k salaries)	Unlock ₹1.8 L/yr - ₹7.3 L/yr 70% less
Login to view exact salary
Axis Bank Assistant Manager Salary 0 - 10 years exp. (15k salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 68% less	2 job openings
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.6k salaries)	Unlock ₹1 L/yr - ₹5 L/yr 72% less
State Bank of India Assistant Manager Salary 0 - 12 years exp. (513 salaries)	Unlock ₹5.4 L/yr - ₹21 L/yr 1% more
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (262 salaries)	Unlock ₹5.5 L/yr - ₹21 L/yr 2% more
Punjab National Bank Assistant Manager Salary 0 - 10 years exp. (124 salaries)	Unlock ₹5 L/yr - ₹15.2 L/yr 27% less
Canara Bank Assistant Manager Salary 3 - 11 years exp. (262 salaries)	Unlock ₹5.3 L/yr - ₹18 L/yr 3% less
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (2.3k salaries)	Unlock ₹1.5 L/yr - ₹6.3 L/yr 70% less	1 job opening
Yes Bank Assistant Manager Salary 0 - 11 years exp. (3.4k salaries)	Unlock ₹2 L/yr - ₹6.7 L/yr 65% less	1 job opening

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Assistant Manager salary at Federal Bank ranges between ₹6 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 686 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Assistant Manager

2d ago

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5 years exp.

3d ago

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3 years exp.

4d ago

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10 years exp.

1w ago

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3 years exp.

1w ago

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2 years exp.

2w ago

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5 years exp.

2w ago

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2 years exp.

2w ago

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3 years exp.

3w ago

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5 years exp.

3w ago

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4 years exp.

Experience wise Federal Bank Assistant Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
Fresher (41 salaries)	Unlock ₹5.5 L/yr - ₹16.5 L/yr
1 year (54 salaries)	Unlock ₹5 L/yr - ₹16 L/yr
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2 years (143 salaries)	Unlock ₹5 L/yr - ₹16 L/yr
3 years (146 salaries)	Unlock ₹5 L/yr - ₹18.5 L/yr
4 years (105 salaries)	Unlock ₹6 L/yr - ₹18 L/yr
5 years (71 salaries)	Unlock ₹6.5 L/yr - ₹18 L/yr
6 years (55 salaries)	Unlock ₹6 L/yr - ₹20 L/yr
7 years (26 salaries)	Unlock ₹7 L/yr - ₹16 L/yr
8 years (23 salaries)	Unlock ₹8.5 L/yr - ₹17.5 L/yr
9 years (18 salaries)	Unlock ₹9.5 L/yr - ₹18 L/yr
10 years (4 salaries)	Unlock ₹13 L/yr - ₹16 L/yr

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From

Assistant Manager

₹

Lakhs/yr

0 - 10 years exp.

Associate Vice President

₹

Lakhs/yr

7 - 15 years exp.

Assistant Manager 0 - 10 years exp.

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Manager 3 - 12 years exp.

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31% hike

Senior Manager 6 - 14 years exp.

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42% hike

Similar Designation salaries in Federal Bank

Assistant Manager O&M Salary

(3 salaries)

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₹7 L/yr - ₹11 L/yr

Department Manager Salary

(AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

Assistant Branch Manager Salary

(5 salaries)

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₹5.2 L/yr - ₹13.25 L/yr

Operations Manager Salary

(10 salaries)

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₹5 L/yr - ₹16 L/yr

Team Manager Salary

(7 salaries)

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₹8.4 L/yr - ₹21 L/yr

Store Manager Salary

(AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr

Branch Manager Salary

(46 salaries)

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₹8.1 L/yr - ₹22 L/yr

Deputy Manager Salary

(6 salaries)

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₹4.5 L/yr - ₹13.8 L/yr

Sales Manager Salary

(11 salaries)

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₹4.5 L/yr - ₹6.6 L/yr

Relationship Manager Salary

(208 salaries)

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₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Federal Bank

4.1

Rated by 119 employees for salary & benefits

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 in Kolkata

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 04 Jan 2024

5.0

for Salary and Benefits

Likes

...ere are lots of certification courses and examination and higher study facility. If one can manages to study while working , and pass the exams , there will be increment in salary and the chances of promotion gets better . However , the promotion / appraisal is very structured. Every after 3 years and above are eligible for promotion and the probation period after promotion is 1 year. But , if one is dedicated, the career trajectory can be very good and one can actually retire from federal bank with lots of perks and benefits.

Salary - Excellent

+2 more

Dislikes

There are different department in Federal Bank and different types of hierarchy. However, to change your department from branch to zonal office , or retail loan to forex headquarters etc is very difficult and almost based on constant request to HR or based out of pure luck. Every year , there will be transfer of your position and that might not be the scenario for change in your department. So one's career in the federal bank can be very upscaling and upward moving , however for someone who's struggling with location switch , might be very challenging.

Assistant Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Nov 2023

4.0

for Salary and Benefits

Likes

Only the salary and benefits

Salary - Good

Dislikes

Here one doesn't get promotion on how well they have performed in developing new business or operational works etc, here ppl get promotion based on the contact and other personal benefits

Skill development - Bad

+4 more

Assistant Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 09 Apr 2023

5.0

for Salary and Benefits

Likes

Job security, salary and benefits

Salary - Excellent

+1 more

Dislikes

HR deployment is the worst. It is not transparent. They don't consider talents. You may be forced to work in completely irrelevant roles even You are specialized in a particular field. HR is not concerned about learning and development. They just need a person to fill a vacancy. Worst HR policies.

Skill development - Poor

+2 more

Assistant Manager in Palakkad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 09 Nov 2022

5.0

for Salary and Benefits

Likes

Salary and allowances

Salary - Excellent

+2 more

Dislikes

The company work culture that promoted only persons doing insurance. Very pathetic appraisal system that relied solely on the immediete reporting officers oral comments than my work. Worst part is getting labled as arrogant when you try to explain your concerns to higher ups

Skill development - Poor

+3 more

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Salary Discussions, Hike & Promotions

1w (edited)

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 Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Federal Bank?

Assistant Manager salary at Federal Bank in India ranges between ₹6.0 Lakhs to ₹20.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 50% more than the average Assistant Manager Salary in India. Salary estimates are based on 686 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Assistant Manager at Federal Bank is 50% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

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

Barclays Investment Bank Assistant Manager Salary - ₹7.5 Lakhs to ₹16.3 Lakhs per year
Bank of Baroda Assistant Manager Salary - ₹5.5 Lakhs to ₹21.0 Lakhs per year
State Bank of India Assistant Manager Salary - ₹5.4 Lakhs to ₹21.0 Lakhs per year

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

Canara Bank Assistant Manager Salary - ₹5.3 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹18.0 Lakhs per year
South Indian Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Indian Overseas Bank Assistant Manager Salary - ₹5.1 Lakhs to ₹18.0 Lakhs per year
Standard Chartered Assistant Manager Salary - ₹4.7 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Federal Bank ranges between ₹89,991 per month to ₹92,356 per month in India. The take-home salary calculation is based on the average Federal Bank Assistant Manager salary in India which ranges between ₹6.0 Lakhs to ₹20.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Federal Bank Assistant Managers reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 493 responses on AmbitionBox in last 2 years.

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Federal Bank Assistant Manager Salaries by Location

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Federal Bank Assistant Manager Salaries

Federal Bank Assistant Manager salary in India ranges between ₹6 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 686 Federal Bank latest salaries received from various employees of Federal Bank.

Federal Bank Assistant Manager salaries in India (Updated 2025)

Companies similar to Federal Bank for Assistant Manager

Latest annual salaries shared by Federal Bank Assistant Manager

Experience wise Federal Bank Assistant Manager salaries

Similar Designation salaries in Federal Bank

Salary related reviews for Federal Bank

Assistant Manager in Khambhalia

Assistant Manager in Kolkata

Assistant Manager in Kolkata

Assistant Manager in Chennai

Assistant Manager in Palakkad

Federal Bank Assistant Manager Salary FAQs

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