Federal Bank Pune Assistant Manager Salaries by 20+ Employees

0 - 7 years exp.

₹5.6 Lakhs - ₹18 Lakhs

Salary of majority employees

Fixed (86%)

₹11 Lakhs

Variable (14%)

₹1.9 Lakh

56% more than the average Assistant Manager Salary in Banking Companies for 0 - 7 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 1 - 7 years exp. (12 salaries)	₹6 L/yr - ₹18 L/yr
Customer Success, Service & Operations Assistant Manager Salary 1 - 3 years exp. (4 salaries)	₹5.6 L/yr - ₹13 L/yr
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Data Science & Analytics Assistant Manager Salary 1 - 4 years exp. (3 salaries)	₹8 L/yr - ₹13.6 L/yr
Marketing & Communication Assistant Manager Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹13.4 L/yr
Finance & Accounting Assistant Manager Salary 2 years exp. (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.6 L/yr

Last Updated: 11 Oct 2024

Companies similar to Federal Bank for Assistant Manager in Pune

Federal Bank Assistant Manager Salary

0 - 7 years exp. (25 salaries)

₹5.6 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Manager Salary 0 - 9 years exp. (908 salaries)	₹2 L/yr - ₹6 L/yr 69% less	2 job openings
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (750 salaries)	₹1.8 L/yr - ₹4.9 L/yr 73% less
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HDFC Bank Assistant Manager Salary 0 - 10 years exp. (649 salaries)	₹2 L/yr - ₹7 L/yr 70% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (512 salaries)	₹2 L/yr - ₹6 L/yr 69% less
Yes Bank Assistant Manager Salary 0 - 10 years exp. (239 salaries)	₹2.1 L/yr - ₹6.7 L/yr 65% less	1 job opening
IndusInd Bank Assistant Manager Salary 0 - 9 years exp. (139 salaries)	₹1.5 L/yr - ₹5.4 L/yr 70% less
Bandhan Bank Assistant Manager Salary 0 - 11 years exp. (122 salaries)	₹2.6 L/yr - ₹5.5 L/yr 69% less
IDFC FIRST Bank Assistant Manager Salary 0 - 9 years exp. (86 salaries)	₹3.1 L/yr - ₹7 L/yr 62% less
RBL Bank Assistant Manager Salary 1 - 9 years exp. (66 salaries)	₹2.1 L/yr - ₹6.2 L/yr 68% less
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (46 salaries)	₹5 L/yr - ₹18 L/yr 7% less
Barclays Investment Bank Assistant Manager Salary 7 - 13 years exp. (36 salaries)	₹7.5 L/yr - ₹16.3 L/yr 4% more
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Canara Bank Assistant Manager Salary 2 - 12 years exp. (20 salaries)	₹6 L/yr - ₹17.6 L/yr 3% less
Ujjivan Small Finance Bank Assistant Manager Salary 1 - 8 years exp. (17 salaries)	₹2.8 L/yr - ₹8 L/yr 66% less
Union Bank of India Assistant Manager Salary 0 - 13 years exp. (11 salaries)	₹8.5 L/yr - ₹13 L/yr 10% less
Central Bank of India Assistant Manager Salary 5 - 12 years exp. (10 salaries)	₹6 L/yr - ₹12.5 L/yr 19% less
Karur Vysya Bank Assistant Manager Salary 3 - 10 years exp. (8 salaries)	₹5 L/yr - ₹12 L/yr 28% less
Shinhan Bank Assistant Manager Salary 4 - 7 years exp. (5 salaries)	₹5 L/yr - ₹11.6 L/yr 48% less
Corporation Bank Assistant Manager Salary 5 - 11 years exp. (5 salaries)	₹7.1 L/yr - ₹9 L/yr 44% less
UCO Bank Assistant Manager Salary 6 - 9 years exp. (5 salaries)	₹8 L/yr - ₹12 L/yr 17% less

Assistant Manager salary at Federal Bank ranges between ₹5.6 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 25 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Assistant Manager salaries in Pune

Last Updated: 11 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
1 year (4 salaries)	₹5.6 L/yr - ₹13 L/yr
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2 years (6 salaries)	₹6 L/yr - ₹15 L/yr
3 years (7 salaries)	₹6.5 L/yr - ₹14 L/yr
4 years (4 salaries)	₹11.5 L/yr - ₹18 L/yr
5 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.9 L/yr
6 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15 L/yr
7 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

0 - 9 years exp.

Associate Vice President

₹

Lakhs/yr

7 - 15 years exp.

Assistant Manager

0 - 9 years exp.

Manager

3 - 12 years exp.

31% hike

Senior Manager

6 - 15 years exp.

42% 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

Relationship Manager Salary

(64 salaries)

₹2 L/yr - ₹3.9 L/yr

Salary related reviews for Federal Bank

4.2

Rated by 4 employees for salary & 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

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 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.

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.

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

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

Skill development - Bad

+4 more

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

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.

Skill development - Poor

+2 more

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

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

Skill development - Poor

+3 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Federal Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Federal Bank in Pune?

The average salary of a Assistant Manager at Federal Bank in Pune typically ranges from ₹5.6 Lakhs to ₹18.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Assistant Manager in Pune 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 20+ Federal Bank employees in India.

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

The estimated take-home salary of a Assistant Manager at Federal Bank in Pune typically ranges from ₹91,099 to ₹93,495 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from Fresher 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 20+ 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

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 Pune?

The salary of a Assistant Manager at companies similar to Federal Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara Bank	₹6.0 Lakhs to ₹17.6 Lakhs per year
IDBI Bank	₹5.0 Lakhs to ₹18.0 Lakhs per year
Union Bank of India	₹8.5 Lakhs to ₹13.0 Lakhs per year
UCO Bank	₹8.0 Lakhs to ₹12.0 Lakhs per year
Central Bank of India	₹6.0 Lakhs to ₹12.5 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 Pune?

The salary growth for a Assistant Manager at Federal Bank in Pune depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Pune can expect the following growth trajectory at Federal Bank:

Experience	Average Salary Range
Fresher	₹11.0 Lakhs to ₹14.1 Lakhs per year
1 year	₹5.6 Lakhs to ₹13.0 Lakhs per year
2 years	₹6.0 Lakhs to ₹15.0 Lakhs per year
3 years	₹6.5 Lakhs to ₹14.0 Lakhs per year

and so on.

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Federal Bank Assistant Manager Salaries in Pune

Federal Bank Assistant Manager salary in Pune ranges between ₹5.6 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Federal Bank latest salaries received from various employees of Federal Bank.