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Federal Bank Assistant Manager salaries in Finance & Accounting in India

Annual salary range
0 - 8 years exp.
₹5.5 Lakhs - ₹16.5 Lakhs
Salary of majority employees
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53% more than the average Assistant Manager Salary in Banking Companies for 0 - 8 years of experience

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Last Updated: 22 Dec 2024

Companies similar to Federal Bank for Assistant Manager in Finance & Accounting department

Company name Avg Annual Salary Open Jobs
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (1.6k salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 69% less
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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (1.3k salaries)

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₹1.9 L/yr - ₹6.5 L/yr

arrow icon 71% less
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Axis Bank Assistant Manager Salary

0 - 10 years exp. (1.9k salaries)

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₹1.9 L/yr - ₹6 L/yr

arrow icon 69% less
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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (1.7k salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 73% less
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State Bank of India Assistant Manager Salary

0 - 13 years exp. (58 salaries)

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₹5.2 L/yr - ₹17 L/yr

arrow icon 6% less
2 job openings
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Bank of Baroda Assistant Manager Salary

4 - 11 years exp. (40 salaries)

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₹5.5 L/yr - ₹18 L/yr

At par
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Punjab National Bank Assistant Manager Salary

0 - 10 years exp. (24 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 31% less
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Canara Bank Assistant Manager Salary

2 - 11 years exp. (44 salaries)

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₹5.7 L/yr - ₹20 L/yr

arrow icon 3% less
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IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (259 salaries)

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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 70% less
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Yes Bank Assistant Manager Salary

0 - 10 years exp. (315 salaries)

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₹2.2 L/yr - ₹6.8 L/yr

arrow icon 65% less
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IDFC FIRST Bank Assistant Manager Salary

0 - 10 years exp. (138 salaries)

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₹2.6 L/yr - ₹6.3 L/yr

arrow icon 62% less
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RBL Bank Assistant Manager Salary

0 - 9 years exp. (158 salaries)

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₹2.1 L/yr - ₹6.5 L/yr

arrow icon 70% less
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South Indian Bank Assistant Manager Salary

2 - 11 years exp. (56 salaries)

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₹6 L/yr - ₹15 L/yr

arrow icon 10% less
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Karur Vysya Bank Assistant Manager Salary

3 - 12 years exp. (36 salaries)

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₹5.5 L/yr - ₹15 L/yr

arrow icon 27% less
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Bank of India Assistant Manager Salary

3 - 11 years exp. (12 salaries)

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₹6.5 L/yr - ₹14 L/yr

arrow icon 17% less
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Union Bank of India Assistant Manager Salary

1 - 11 years exp. (34 salaries)

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₹6 L/yr - ₹13 L/yr

arrow icon 13% less
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Central Bank of India Assistant Manager Salary

1 - 12 years exp. (21 salaries)

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₹5.5 L/yr - ₹12.5 L/yr

arrow icon 27% less
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Indian Overseas Bank Assistant Manager Salary

8 - 13 years exp. (24 salaries)

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₹6.8 L/yr - ₹18 L/yr

arrow icon 7% less
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Bandhan Bank Assistant Manager Salary

0 - 12 years exp. (355 salaries)

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₹1.9 L/yr - ₹5.5 L/yr

arrow icon 70% less
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₹2.4 L/yr - ₹5.3 L/yr

arrow icon 70% less
View all
Assistant Manager salary at Federal Bank ranges between ₹5.5 Lakhs to ₹16.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 72 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Assistant Manager in Finance & Accounting department

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Experience wise Federal Bank Assistant Manager salaries in Finance & Accounting department

Last Updated: 22 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹5.5 L/yr - ₹16.5 L/yr
1 year  (7 salaries)

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₹5.6 L/yr - ₹14 L/yr
2 years  (20 salaries)

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₹6 L/yr - ₹15 L/yr
3 years  (15 salaries)

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₹7 L/yr - ₹14 L/yr
4 years  (9 salaries)

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₹11 L/yr - ₹15 L/yr
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Similar Designation salaries in Federal Bank

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₹7 L/yr - ₹11 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
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₹5.2 L/yr - ₹13.25 L/yr
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₹5 L/yr - ₹16 L/yr
Team Manager Salary
(7 salaries)
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₹8.4 L/yr - ₹21 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
Branch Manager Salary
(42 salaries)
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₹7.4 L/yr - ₹20 L/yr
Deputy Manager Salary
(6 salaries)
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₹4.5 L/yr - ₹13.98 L/yr
Sales Manager Salary
(12 salaries)
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₹4.5 L/yr - ₹6.6 L/yr
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₹2 L/yr - ₹4.4 L/yr

Salary related reviews for Federal Bank

3.7

Rated by 9 employees for salary & benefits

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

read more

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.

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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.

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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

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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.

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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

read more
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Federal Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Federal Bank in Finance & Accounting department?
Assistant Manager salary at Federal Bank in Finance & Accounting department in India ranges between ₹5.5 Lakhs to ₹16.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 53% more than the average Assistant Manager Salary in India. Salary estimates are based on 72 latest salaries received from various employees of Federal Bank India in Finance & Accounting department.
How does the salary of a Assistant Manager at Federal Bank India in Finance & Accounting department compare with the average salary range for this job?
The average salary of a Assistant Manager at Federal Bank in Finance & Accounting department is 53% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Federal Bank to a Assistant Manager in Finance & Accounting department in India?
  • Emirates NBD Assistant Manager Salary - ₹14.5 Lakhs to ₹31.7 Lakhs per year
  • Bank of Baroda Assistant Manager Salary - ₹5.5 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Assistant Manager in Finance & Accounting department in companies similar to Federal Bank in India?
  • Barclays Investment Bank Assistant Manager Salary - ₹7.2 Lakhs to ₹16.3 Lakhs per year
  • Canara Bank Assistant Manager Salary - ₹5.7 Lakhs to ₹20.0 Lakhs per year
  • IDBI Bank Assistant Manager Salary - ₹5.2 Lakhs to ₹17.5 Lakhs per year
  • State Bank of India Assistant Manager Salary - ₹5.2 Lakhs to ₹17.0 Lakhs per year
  • Indian Overseas Bank Assistant Manager Salary - ₹6.8 Lakhs to ₹18.0 Lakhs per year
What is the estimated take home salary of a Assistant Manager in Finance & Accounting department at Federal Bank in India?
The estimated take-home salary of a Assistant Manager in Finance & Accounting department at Federal Bank ranges between ₹91,312 per month to ₹93,732 per month in India. The take-home salary calculation is based on the average Federal Bank Assistant Manager salary in India which ranges between ₹5.5 Lakhs to ₹16.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager in Finance & Accounting department at Federal Bank?
According to AmbitionBox, 71% of the Federal Bank Assistant Managers in Finance & Accounting department reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 72 responses on AmbitionBox in last 2 years.

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Federal Bank Assistant Manager salary in Finance & Accounting department in India ranges between ₹5.5 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 72 Federal Bank latest salaries received from various employees of Federal Bank.