Federal Bank Assistant Manager 1 Salaries by 5 Employees (Updated 2025)

0 - 9 years exp.

₹7.5 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

120% more than the average Assistant Manager 1 Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager 1 Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹10.8 L/yr
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Customer Success, Service & Operations Assistant Manager 1 Salary 4 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.3 L/yr

Last Updated: 7 Dec 2024

Companies similar to Federal Bank for Assistant Manager 1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager 1 Salary 1 - 6 years exp. (57 salaries)	₹2.5 L/yr - ₹4.5 L/yr 65% less
ICICI Bank Assistant Manager 1 Salary 0 - 4 years exp. (258 salaries)	₹2 L/yr - ₹5 L/yr 65% less
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Axis Bank Assistant Manager 1 Salary 0 - 4 years exp. (38 salaries)	₹2.5 L/yr - ₹5 L/yr 62% less
State Bank of India Assistant Manager 1 Salary 1 - 6 years exp. (4 salaries)	₹8.1 L/yr - ₹10 L/yr 9% less
Kotak Mahindra Bank Assistant Manager 1 Salary 0 - 6 years exp. (145 salaries)	₹2 L/yr - ₹4.5 L/yr 66% less
Yes Bank Assistant Manager 1 Salary 2 - 5 years exp. (8 salaries)	₹3.2 L/yr - ₹4.8 L/yr 56% less
IDFC FIRST Bank Assistant Manager 1 Salary 2 - 7 years exp. (7 salaries)	₹3.1 L/yr - ₹5.3 L/yr 57% less
RBL Bank Assistant Manager 1 Salary 2 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹3.8 L/yr 65% less
Bandhan Bank Assistant Manager 1 Salary 0 - 6 years exp. (10 salaries)	₹2.8 L/yr - ₹4.5 L/yr 65% less
Utkarsh Small Finance Bank Assistant Manager 1 Salary 1 - 6 years exp. (66 salaries)	₹2.2 L/yr - ₹5.2 L/yr 62% less
IDBI Bank Assistant Manager 1 Salary 0 - 7 years exp. (7 salaries)	₹3.7 L/yr - ₹15 L/yr 11% less
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Karur Vysya Bank Assistant Manager 1 Salary 5 - 8 years exp. (5 salaries)	₹4.5 L/yr - ₹8.2 L/yr 28% less
Canara Bank Assistant Manager 1 Salary 5 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹13 L/yr 10% more
Jana Small Finance Bank Assistant Manager 1 Salary 2 - 7 years exp. (4 salaries)	₹3.8 L/yr - ₹5.5 L/yr 54% less
Ujjivan Small Finance Bank Assistant Manager 1 Salary 2 - 3 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 70% less
City Union Bank Assistant Manager 1 Salary 4 - 8 years exp. (4 salaries)	₹7.2 L/yr - ₹8.4 L/yr 19% less

Assistant Manager 1 salary at Federal Bank ranges between ₹7.5 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Assistant Manager 1 salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr
1 year (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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2 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
3 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.8 L/yr
4 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹17.9 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.8 L/yr
7 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.2 L/yr
8 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.6 L/yr

View all

Similar Designation salaries in Federal Bank

Assistant Manager O&M Salary

(3 salaries)

₹7 L/yr - ₹11 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Assistant Branch Manager Salary

(4 salaries)

₹10 L/yr - ₹13.25 L/yr

Operations Manager Salary

(10 salaries)

₹5 L/yr - ₹16 L/yr

Team Manager Salary

(7 salaries)

₹8.4 L/yr - ₹21 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Branch Manager Salary

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₹8.1 L/yr - ₹22 L/yr

Deputy Manager Salary

(3 salaries)

₹5.39 L/yr - ₹9.66 L/yr

Sales Manager Salary

(12 salaries)

₹4.5 L/yr - ₹6.6 L/yr

Relationship Manager Salary

(210 salaries)

₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Federal Bank

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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Salary Discussions, Hike & Promotions

2w (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 my previous org.

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Federal Bank Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Federal Bank?

Assistant Manager 1 salary at Federal Bank in India ranges between ₹7.5 Lakhs to ₹12.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 120% more than the average Assistant Manager 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank India.

How does the salary of a Assistant Manager 1 at Federal Bank India compare with the average salary range for this job?

The average salary of a Assistant Manager 1 at Federal Bank is 120% more than the average salary of a Assistant Manager 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Assistant Manager 1 in India?

Canara Bank Assistant Manager 1 Salary - ₹9.5 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Assistant Manager 1 in companies similar to Federal Bank in India?

State Bank of India Assistant Manager 1 Salary - ₹8.1 Lakhs to ₹10.0 Lakhs per year
IDBI Bank Assistant Manager 1 Salary - ₹3.7 Lakhs to ₹15.0 Lakhs per year
City Union Bank Assistant Manager 1 Salary - ₹7.2 Lakhs to ₹8.4 Lakhs per year
Karur Vysya Bank Assistant Manager 1 Salary - ₹4.5 Lakhs to ₹8.2 Lakhs per year
Jana Small Finance Bank Assistant Manager 1 Salary - ₹3.8 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Assistant Manager 1 at Federal Bank in India?

The estimated take-home salary of a Assistant Manager 1 at Federal Bank ranges between ₹70,503 per month to ₹72,316 per month in India. The take-home salary calculation is based on the average Federal Bank Assistant Manager 1 salary in India which ranges between ₹7.5 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager 1 at Federal Bank?

According to AmbitionBox, 100% of the Federal Bank Assistant Manager 1s reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Federal Bank Assistant Manager 1 Salaries

Federal Bank Assistant Manager 1 salary in India ranges between ₹7.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Federal Bank latest salaries received from various employees of Federal Bank.