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Federal Bank Assistant Manager Operations salaries in New Delhi

Annual salary range
3 - 7 years exp.
₹9.1 Lakhs - ₹14 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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73% more than the average Assistant Manager Operations Salary in Banking Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Operations Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹9.1 L/yr - ₹12.6 L/yr

Finance & Accounting
Assistant Manager Operations Salary
7 years exp. (AmbitionBox Estimate)
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₹10.4 L/yr - ₹14 L/yr

Last Updated: 16 Jan 2024

Companies similar to Federal Bank for Assistant Manager Operations in New Delhi

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Federal Bank Assistant Manager Operations Salary

3 - 7 years exp. (4 salaries)

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₹9.1 L/yr - ₹14 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Bank Assistant Manager Operations Salary

0 - 7 years exp. (28 salaries)

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₹2.5 L/yr - ₹4.8 L/yr

arrow icon 66% less
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HDFC Bank Assistant Manager Operations Salary

2 - 6 years exp. (21 salaries)

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₹2.3 L/yr - ₹5.6 L/yr

arrow icon 68% less
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₹2.6 L/yr - ₹4 L/yr

arrow icon 69% less
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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 65% less
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Yes Bank Assistant Manager Operations Salary

3 - 8 years exp. (10 salaries)

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₹3.4 L/yr - ₹6.3 L/yr

arrow icon 56% less
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₹2 L/yr - ₹4 L/yr

arrow icon 73% less
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₹3.3 L/yr - ₹5 L/yr

arrow icon 65% less
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₹3.1 L/yr - ₹4.3 L/yr

arrow icon 68% less
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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 67% less
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₹3.4 L/yr - ₹5.1 L/yr

arrow icon 61% less
Assistant Manager Operations salary at Federal Bank ranges between ₹9.1 Lakhs to ₹14 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Assistant Manager Operations in New Delhi

1y ago
₹10.5 Lakhs
4 years exp.
1y ago
₹11 Lakhs
5 years exp.

Experience wise Federal Bank Assistant Manager Operations salaries in New Delhi

Last Updated: 16 Jan 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹9.4 L/yr - ₹12.1 L/yr
4 years (AmbitionBox Estimate)

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₹9.7 L/yr - ₹12.4 L/yr
5 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.7 L/yr
6 years (AmbitionBox Estimate)

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₹10.2 L/yr - ₹13 L/yr
7 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr

Similar Designation salaries in Federal Bank

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₹5.5 L/yr - ₹16 L/yr
Officer Salary
(11 salaries)
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₹8 L/yr - ₹15 L/yr
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₹3 L/yr - ₹5 L/yr
Clerk Salary
(5 salaries)
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₹4.5 L/yr - ₹7 L/yr
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₹25 L/yr - ₹37 L/yr

Salary related reviews for Federal Bank

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

read more
  • Work-life balance - Poor

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +2 more

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

read more
  • 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.

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • Skill development - Bad
  • +1 more
see more salary related reviews

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Federal Bank Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at Federal Bank in New Delhi?
The average salary of a Assistant Manager Operations at Federal Bank in New Delhi typically ranges from ₹9.1 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Assistant Manager Operations in New Delhi at Federal Bank earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Assistant Manager Operations 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 4 Federal Bank employees in India.
What is the estimated take home salary of a Assistant Manager Operations at Federal Bank in New Delhi?
The estimated take-home salary of a Assistant Manager Operations at Federal Bank in New Delhi typically ranges from ₹80,803 to ₹82,908 per month. This is based on the average salary range of ₹9.1 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 4 salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Assistant Manager Operations in companies similar to Federal Bank in New Delhi?
The salary of a Assistant Manager Operations at companies similar to Federal Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank ₹3.4 Lakhs to ₹6.3 Lakhs per year
IDFC FIRST Bank ₹3.4 Lakhs to ₹5.1 Lakhs per year
Jana Small Finance Bank ₹3.3 Lakhs to ₹5.0 Lakhs per year
ICICI Bank ₹2.8 Lakhs to ₹4.5 Lakhs per year
Axis Bank ₹2.5 Lakhs to ₹4.8 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 Operations at Federal Bank in New Delhi?
The salary growth for a Assistant Manager Operations at Federal Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Operations in New Delhi can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
3 years ₹9.4 Lakhs to ₹12.1 Lakhs per year
4 years ₹9.7 Lakhs to ₹12.4 Lakhs per year
5 years ₹9.9 Lakhs to ₹12.7 Lakhs per year
6 years ₹10.2 Lakhs to ₹13.0 Lakhs per year
and so on.

Tell us how to improve this page.

Federal Bank Assistant Manager Operations salary in New Delhi ranges between ₹9.1 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Federal Bank latest salaries received from various employees of Federal Bank.