Federal Bank Kolkata Assistant Manager Salaries by 40+ Employees (Updated 2024)

0 - 10 years exp.

₹7 Lakhs - ₹20 Lakhs

Salary of majority employees

61% 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 - 9 years exp. (18 salaries)	₹7 L/yr - ₹20 L/yr
Customer Success, Service & Operations Assistant Manager Salary 0 - 10 years exp. (7 salaries)	₹10 L/yr - ₹16 L/yr
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Sales & Business Development Assistant Manager Salary 0 - 3 years exp. (4 salaries)	₹8 L/yr - ₹13 L/yr
Data Science & Analytics Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹13.6 L/yr
Finance & Accounting Assistant Manager Salary 3 years exp. (AmbitionBox Estimate)	₹10 L/yr - ₹13.4 L/yr

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Last Updated: 13 Dec 2024

Companies similar to Federal Bank for Assistant Manager in Kolkata

Federal Bank Assistant Manager Salary

0 - 10 years exp. (43 salaries)

₹7 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (509 salaries)	₹1.8 L/yr - ₹5 L/yr 69% less
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (884 salaries)	₹1.9 L/yr - ₹6.5 L/yr 72% less
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Axis Bank Assistant Manager Salary 0 - 10 years exp. (1.4k salaries)	₹1.9 L/yr - ₹5.9 L/yr 69% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (663 salaries)	₹1.3 L/yr - ₹5 L/yr 72% less
State Bank of India Assistant Manager Salary 0 - 11 years exp. (20 salaries)	₹5.5 L/yr - ₹16.2 L/yr 8% less	2 job openings
Bank of Baroda Assistant Manager Salary 4 - 13 years exp. (14 salaries)	₹5.5 L/yr - ₹16 L/yr 2% less
Punjab National Bank Assistant Manager Salary 1 - 10 years exp. (33 salaries)	₹4 L/yr - ₹12.5 L/yr 29% less
Canara Bank Assistant Manager Salary 2 - 9 years exp. (11 salaries)	₹5.2 L/yr - ₹13.6 L/yr 4% less
IndusInd Bank Assistant Manager Salary 0 - 9 years exp. (221 salaries)	₹1.8 L/yr - ₹6 L/yr 71% less
Yes Bank Assistant Manager Salary 0 - 10 years exp. (164 salaries)	₹2.8 L/yr - ₹6.5 L/yr 67% less
RBL Bank Assistant Manager Salary 0 - 8 years exp. (35 salaries)	₹2.5 L/yr - ₹4.8 L/yr 71% less
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South Indian Bank Assistant Manager Salary 2 - 11 years exp. (16 salaries)	₹6.3 L/yr - ₹15 L/yr 9% less
Karur Vysya Bank Assistant Manager Salary 5 - 12 years exp. (29 salaries)	₹6.2 L/yr - ₹15 L/yr 23% less
Bank of India Assistant Manager Salary 3 - 10 years exp. (10 salaries)	₹8 L/yr - ₹12 L/yr 13% less
Union Bank of India Assistant Manager Salary 4 - 8 years exp. (8 salaries)	₹7 L/yr - ₹11.3 L/yr 16% less
Central Bank of India Assistant Manager Salary 6 - 7 years exp. (3 salaries)	₹8.6 L/yr - ₹9.1 L/yr 29% less
Indian Overseas Bank Assistant Manager Salary 8 - 12 years exp. (6 salaries)	₹7 L/yr - ₹12 L/yr 11% less
Bandhan Bank Assistant Manager Salary 0 - 12 years exp. (819 salaries)	₹1.8 L/yr - ₹5.6 L/yr 71% less
Jana Small Finance Bank Assistant Manager Salary 0 - 11 years exp. (74 salaries)	₹2.6 L/yr - ₹5.5 L/yr 68% less
Ujjivan Small Finance Bank Assistant Manager Salary 0 - 9 years exp. (47 salaries)	₹2 L/yr - ₹8.8 L/yr 67% less	1 job opening

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Assistant Manager salary at Federal Bank ranges between ₹7 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 43 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Assistant Manager salaries in Kolkata

Last Updated: 13 Dec 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹8 L/yr - ₹12.7 L/yr
1 year (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
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2 years (10 salaries)	₹9 L/yr - ₹13 L/yr
3 years (6 salaries)	₹8 L/yr - ₹22.5 L/yr
4 years (4 salaries)	₹8 L/yr - ₹22.7 L/yr
5 years (7 salaries)	₹7 L/yr - ₹15 L/yr
6 years (4 salaries)	₹7 L/yr - ₹20 L/yr
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹13 L/yr
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹23.3 L/yr
9 years (3 salaries)	₹12 L/yr - ₹23.5 L/yr
10 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹16 L/yr

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Similar Designation salaries in Federal Bank

Probationary Officer Salary

(17 salaries)

₹8 L/yr - ₹13 L/yr

Assistant Manager Operations Salary

(5 salaries)

₹7.8 L/yr - ₹10 L/yr

Officer Salary

(5 salaries)

₹9 L/yr - ₹11.58 L/yr

Relationship Executive Salary

(3 salaries)

₹3.86 L/yr - ₹4.56 L/yr

Salary related reviews for Federal Bank

4.3

Rated by 4 employees for salary & benefits

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.

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

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

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

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

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

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.

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

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Federal Bank Assistant Manager Salary FAQs

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

Assistant Manager salary at Federal Bank in Kolkata ranges between ₹7.0 Lakhs to ₹20.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 61% more than the average Assistant Manager Salary in India. Salary estimates are based on 43 latest salaries received from various employees of Federal Bank Kolkata.

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

The average salary of a Assistant Manager at Federal Bank is 61% more than the average salary of a Assistant Manager in Kolkata. To know exact salary insights, login to view.

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

Bank of Baroda Assistant Manager Salary - ₹5.5 Lakhs to ₹16.0 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.2 Lakhs to ₹13.6 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.4 Lakhs to ₹17.0 Lakhs per year
State Bank of India Assistant Manager Salary - ₹5.5 Lakhs to ₹16.2 Lakhs per year
South Indian Bank Assistant Manager Salary - ₹6.3 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Federal Bank ranges between ₹89,851 per month to ₹92,212 per month in Kolkata. The take-home salary calculation is based on the average Federal Bank Assistant Manager salary in India which ranges between ₹7.0 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 in Kolkata?

According to AmbitionBox, 87% of the Federal Bank Assistant Managers in Kolkata reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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Federal Bank Assistant Manager Salaries in Kolkata

Federal Bank Assistant Manager salary in Kolkata ranges between ₹7 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 Federal Bank latest salaries received from various employees of Federal Bank.