Federal Bank Assistant Manager Operations Salaries by 20+ Employees

0 - 12 years exp.

₹7.5 Lakhs - ₹14 Lakhs

Salary of majority employees

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58% more than the average Assistant Manager Operations Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Operations Salary 3 - 9 years exp. (9 salaries)	Unlock ₹8.1 L/yr - ₹11.5 L/yr
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Finance & Accounting Assistant Manager Operations Salary 2 - 7 years exp. (4 salaries)	Unlock ₹8.5 L/yr - ₹14 L/yr

Last Updated: 3 Mar 2024

Companies similar to Federal Bank for Assistant Manager Operations

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Assistant Manager Operations Salary 1 - 8 years exp. (205 salaries)	Unlock ₹2.2 L/yr - ₹5.5 L/yr 64% less
HDFC Bank Assistant Manager Operations Salary 2 - 11 years exp. (250 salaries)	Unlock ₹2 L/yr - ₹7 L/yr 65% less
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Axis Bank Assistant Manager Operations Salary 0 - 8 years exp. (332 salaries)	Unlock ₹2.1 L/yr - ₹5 L/yr 65% less
Kotak Mahindra Bank Assistant Manager Operations Salary 0 - 6 years exp. (205 salaries)	Unlock ₹1.8 L/yr - ₹4 L/yr 70% less
Yes Bank Assistant Manager Operations Salary 1 - 9 years exp. (81 salaries)	Unlock ₹3 L/yr - ₹6.3 L/yr 59% less
IDFC FIRST Bank Assistant Manager Operations Salary 1 - 7 years exp. (65 salaries)	Unlock ₹2.6 L/yr - ₹5.3 L/yr 60% less
IndusInd Bank Assistant Manager Operations Salary 1 - 8 years exp. (64 salaries)	Unlock ₹1.9 L/yr - ₹4.2 L/yr 69% less
RBL Bank Assistant Manager Operations Salary 1 - 9 years exp. (44 salaries)	Unlock ₹2.3 L/yr - ₹6.5 L/yr 57% less
Bandhan Bank Assistant Manager Operations Salary 1 - 7 years exp. (54 salaries)	Unlock ₹2.3 L/yr - ₹5.1 L/yr 66% less
DBS Bank Assistant Manager Operations Salary 1 - 12 years exp. (14 salaries)	Unlock ₹5.5 L/yr - ₹8.2 L/yr 33% less
Utkarsh Small Finance Bank Assistant Manager Operations Salary 0 - 8 years exp. (38 salaries)	Unlock ₹2.5 L/yr - ₹4.3 L/yr 69% less
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Jana Small Finance Bank Assistant Manager Operations Salary 2 - 11 years exp. (29 salaries)	Unlock ₹2.2 L/yr - ₹5.5 L/yr 64% less
Standard Chartered Assistant Manager Operations Salary 4 - 15 years exp. (22 salaries)	Unlock ₹4.3 L/yr - ₹16.5 L/yr 16% less
City Union Bank Assistant Manager Operations Salary 3 - 12 years exp. (22 salaries)	Unlock ₹5 L/yr - ₹9.6 L/yr 32% less
Karur Vysya Bank Assistant Manager Operations Salary 4 - 11 years exp. (13 salaries)	Unlock ₹6 L/yr - ₹13 L/yr 14% less
IDBI Bank Assistant Manager Operations Salary 0 - 16 years exp. (11 salaries)	Unlock ₹5 L/yr - ₹12.5 L/yr 14% less
HSBC Global Banking and Markets Assistant Manager Operations Salary 3 - 15 years exp. (10 salaries)	Unlock ₹5.3 L/yr - ₹9.5 L/yr 33% less
Ujjivan Small Finance Bank Assistant Manager Operations Salary 5 - 14 years exp. (8 salaries)	Unlock ₹3 L/yr - ₹7 L/yr 48% less
Canara Bank Assistant Manager Operations Salary 0 - 10 years exp. (5 salaries)	Unlock ₹5.6 L/yr - ₹13 L/yr 12% less
Barclays Investment Bank Assistant Manager Operations Salary 7 - 10 years exp. (4 salaries)	Unlock ₹6.3 L/yr - ₹10.7 L/yr 22% less

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Assistant Manager Operations salary at Federal Bank ranges between ₹7.5 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 21 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Assistant Manager Operations

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2 years exp.

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2 years exp.

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4 years exp.

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8 years exp.

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4 years exp.

1y ago

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7 years exp.

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5 years exp.

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3 years exp.

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4 years exp.

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8 years exp.

Experience wise Federal Bank Assistant Manager Operations salaries

Last Updated: 3 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹16.7 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹8.6 L/yr - ₹11 L/yr
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2 years (3 salaries)	Unlock ₹8 L/yr - ₹17.7 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹9.1 L/yr - ₹10.8 L/yr
4 years (4 salaries)	Unlock ₹8.1 L/yr - ₹12 L/yr
5 years (3 salaries)	Unlock ₹10 L/yr - ₹12.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹9.8 L/yr - ₹19.7 L/yr
7 years (3 salaries)	Unlock ₹11 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹11.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹21.2 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹13.8 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹11.1 L/yr - ₹14.2 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹13.4 L/yr

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Salary related reviews for Federal Bank

4.4

Rated by 11 employees for salary & benefits

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

Probationary Officer in Nashik

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Oct 2023

4.0

for Salary and Benefits

Likes

It will pay you well but at the same time you won't be having time to spend that money.

Salary - Good

+1 more

Dislikes

As mentioned, there is no work life balance. You will be having plenty of unused leaves. But still you will not be allowed to take one. Due to shortage of working staff, you will be overburdened. Sales pressure will be there.

Skill development - Bad

+2 more

Probationary Officer in Kolkata

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 06 Apr 2023

3.0

for Salary and Benefits

Likes

If you are lucky enough you will get to work with a very good set of colleagues who will be like family and will extend help in all possible ways. But this experience varies from branch to brach. Don't expect it beforehand

Job security - Good

Dislikes

...e work pressure with no appraisal or appreciation. Terrible in case of postings. Will make you work 10-12 hrs a day with same salary and increasing targets.

Skill development - Bad

+4 more

Junior Officer in Tamil Nadu

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Jul 2023

3.0

for Salary and Benefits

Likes

There is nothing much to like about the work

Job security - Good

Dislikes

...from the branch head will be a big task. We need to beg them for own own leave. There is no growth, just as a fresher the salary is good and freshers do come looking for the salary, but there is no career growth or future in the role. There will be so much of pressure from higher authorities to achieve the targets. Whatever it is always number matters . People do forget that there are other banks where the competition is very high. There is no work life balance too There is always pressure from higher authorities rather even they could put their efforts to achieve their targets Bank employees should beg the customers for loan , insurance . Pls change the culture of banking.. Worst culture and i could also give negative ratings if there was so.

Skill development - Bad

+4 more

Probationary Officer (working remotely)

Full Time

Branch Banking Department

2.0

• posted on 17 Dec 2022

4.0

for Salary and Benefits

Likes

+ Salary is higher than the competitors. + Job Security.

Salary - Good

+1 more

Dislikes

+ Company culture is not progressive. + HR policies are not complied with at the branch level. + Job description doesn't match with the responsibilities in reality. + Reporting managers verbally abuses if assigned daily targets aren't met. + Should sell Ageas Federal insurance policies monthly. + Inefficient Sales funnel & poorly equipped functional strategy.

Skill development - Bad

+1 more

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an associate vice president

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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 Operations Salary FAQs

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

Assistant Manager Operations salary at Federal Bank in India ranges between ₹7.5 Lakhs to ₹14.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 58% more than the average Assistant Manager Operations Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Assistant Manager Operations at Federal Bank is 58% more than the average salary of a Assistant Manager Operations in India. To know exact salary insights, login to view.

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

Central Bank of India Assistant Manager Operations Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year
Canara Bank Assistant Manager Operations Salary - ₹5.6 Lakhs to ₹13.0 Lakhs per year
State Bank of India Assistant Manager Operations Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
IDBI Bank Assistant Manager Operations Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
Karur Vysya Bank Assistant Manager Operations Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Operations at Federal Bank ranges between ₹78,306 per month to ₹80,341 per month in India. The take-home salary calculation is based on the average Federal Bank Assistant Manager Operations salary in India which ranges between ₹7.5 Lakhs to ₹14.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Federal Bank Assistant Manager Operationss reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Federal Bank Assistant Manager Operations Salaries

Federal Bank Assistant Manager Operations salary in India ranges between ₹7.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Federal Bank latest salaries received from various employees of Federal Bank.