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Federal Bank Assistant Manager salaries in India (Updated 2025)

Annual salary range
0 - 9 years exp.
₹6 Lakhs - ₹20 Lakhs
Salary of majority employees
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49% more than the average Assistant Manager Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
0 - 9 years exp. (202 salaries)
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₹6 L/yr - ₹20 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 9 years exp. (85 salaries)
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₹5.5 L/yr - ₹18 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
0 - 9 years exp. (73 salaries)
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₹5.6 L/yr - ₹18 L/yr

Marketing & Communication
Assistant Manager Salary
0 - 6 years exp. (29 salaries)
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₹7 L/yr - ₹17 L/yr

Data Science & Analytics
Assistant Manager Salary
0 - 9 years exp. (25 salaries)
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₹6 L/yr - ₹18 L/yr

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Last Updated: 17 Mar 2025

Companies similar to Federal Bank for Assistant Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (10.1k salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 68% less
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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (9.4k salaries)

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₹1.7 L/yr - ₹7.3 L/yr

arrow icon 70% less
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Axis Bank Assistant Manager Salary

0 - 9 years exp. (15k salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 68% less
2 job openings
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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (12.6k salaries)

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₹1 L/yr - ₹5 L/yr

arrow icon 72% less
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State Bank of India Assistant Manager Salary

0 - 12 years exp. (511 salaries)

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₹5.4 L/yr - ₹20 L/yr

arrow icon 1% more
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Bank of Baroda Assistant Manager Salary

4 - 12 years exp. (253 salaries)

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₹5.5 L/yr - ₹21 L/yr

arrow icon 1% more
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Punjab National Bank Assistant Manager Salary

0 - 10 years exp. (119 salaries)

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₹4.1 L/yr - ₹13 L/yr

arrow icon 28% less
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Canara Bank Assistant Manager Salary

2 - 11 years exp. (295 salaries)

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₹5.1 L/yr - ₹18 L/yr

arrow icon 4% less
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IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (2.3k salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 70% less
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Yes Bank Assistant Manager Salary

0 - 10 years exp. (3.4k salaries)

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₹2 L/yr - ₹6.7 L/yr

arrow icon 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 9 years. Salary estimates are based on 677 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Assistant Manager

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Experience wise Federal Bank Assistant Manager salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
Fresher  (40 salaries)

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₹5.5 L/yr - ₹16.5 L/yr
1 year  (52 salaries)

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₹5.6 L/yr - ₹16 L/yr
2 years  (143 salaries)

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₹5 L/yr - ₹16 L/yr
3 years  (145 salaries)

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₹5 L/yr - ₹18.5 L/yr
4 years  (104 salaries)

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₹6 L/yr - ₹18 L/yr
View all
Federal Bank Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 9 years exp.

Associate Vice President

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7 - 15 years exp.

Assistant Manager

0 - 9 years exp.
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Manager

3 - 12 years exp.
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arrow icon 32% hike

Senior Manager

6 - 15 years exp.
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arrow icon 47% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Federal Bank

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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
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₹10 L/yr - ₹13.25 L/yr
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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
(47 salaries)
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₹8.2 L/yr - ₹22 L/yr
Deputy Manager Salary
(6 salaries)
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₹6.55 L/yr - ₹13.42 L/yr
Sales Manager Salary
(12 salaries)
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₹4.5 L/yr - ₹6.6 L/yr
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₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Federal Bank

4.2

Rated by 120 employees for salary & benefits

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

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • 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.

read more

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

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • Skill development - Poor
  • +2 more

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

read more
  • Skill development - Poor
  • +3 more
see more salary related reviews

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Federal Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Federal Bank ?
The average salary of a Assistant Manager at Federal Bank in India typically ranges from ₹6.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Assistant Manager at Federal Bank earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Assistant 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 600+ Federal Bank employees in India.
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 in India typically ranges from ₹89,537 to ₹91,890 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 600+ 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 Assistant Manager in India?
Barclays Investment Bank ₹7.5 Lakhs to ₹16.3 Lakhs per year
State Bank of India ₹5.4 Lakhs to ₹20.0 Lakhs per year
Bank of Baroda ₹5.5 Lakhs to ₹21.0 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 Assistant Manager in companies similar to Federal Bank in India?
The salary of a Assistant Manager at companies similar to Federal Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara Bank ₹5.1 Lakhs to ₹18.0 Lakhs per year
IDBI Bank ₹6.0 Lakhs to ₹18.0 Lakhs per year
Indian Overseas Bank ₹5.1 Lakhs to ₹18.0 Lakhs per year
Standard Chartered ₹5.4 Lakhs to ₹18.0 Lakhs per year
South Indian Bank ₹5.0 Lakhs to ₹16.0 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 Assistant Manager at Federal Bank in India?
The salary growth for a Assistant Manager at Federal Bank depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
Fresher ₹5.5 Lakhs to ₹16.5 Lakhs per year
1 year ₹5.6 Lakhs to ₹16.0 Lakhs per year
2 years ₹5.0 Lakhs to ₹16.0 Lakhs per year
3 years ₹5.0 Lakhs to ₹18.5 Lakhs per year
and so on.

Tell us how to improve this page.

Federal Bank Assistant Manager salary in India ranges between ₹6 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 677 Federal Bank latest salaries received from various employees of Federal Bank.