Federal Bank Assistant System Manager Salaries by 8 Employees (Updated 2025)

2 - 9 years exp.

₹8.4 Lakhs - ₹15.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Assistant System Manager Salary in Banking Companies for 2 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA Assistant System Manager Salary 2 - 8 years exp. (6 salaries)	₹8.4 L/yr - ₹14.6 L/yr
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IT & Information Security Assistant System Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹12.5 L/yr - ₹15.5 L/yr

Last Updated: 1 Jan 2025

Companies similar to Federal Bank for Assistant System Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Assistant System Manager Salary 1 - 9 years exp. (47 salaries)	₹9 L/yr - ₹20 L/yr 10% more
Sify Technologies Assistant System Manager Salary 5 - 15 years exp. (31 salaries)	₹6.5 L/yr - ₹20.9 L/yr 10% more
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Larsen & Toubro Limited Assistant System Manager Salary 10 - 15 years exp. (21 salaries)	₹6.7 L/yr - ₹18 L/yr 10% less
L&T Construction Assistant System Manager Salary 10 - 15 years exp. (7 salaries)	₹8.4 L/yr - ₹11.8 L/yr 25% less
Rungta Mines Assistant System Manager Salary 13 - 16 years exp. (7 salaries)	₹6 L/yr - ₹13.5 L/yr 27% less

Assistant System Manager salary at Federal Bank ranges between ₹8.4 Lakhs to ₹15.5 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 8 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Assistant System Manager salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹20.6 L/yr
3 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
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4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹22 L/yr
5 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
6 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
7 years (3 salaries)	₹10 L/yr - ₹24.2 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹15.5 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹15.5 L/yr

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Similar Designation salaries in Federal Bank

System Engineer Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Business Analyst Salary

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₹6.5 L/yr - ₹14.5 L/yr

Analyst Salary

(5 salaries)

₹3.62 L/yr - ₹13 L/yr

Senior Associate Salary

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₹6.8 L/yr - ₹9.5 L/yr

System Administrator Salary

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₹2.1 L/yr - ₹2.6 L/yr

Software Developer Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Software Engineer Salary

(6 salaries)

₹2 L/yr - ₹9 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Team Lead Salary

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₹3.39 L/yr - ₹4.2 L/yr

Devops Engineer Salary

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Salary related reviews for Federal Bank

Rated by 1 employees for salary & benefits

Sales Manager in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

One small joke without infrom direct immediately reliving with last month salary also cut.... Total my bank career this organization worst feeling my carrer, Any one not joining this organization , if u join your career kollab

Dislikes

This organization without information direct immediately reliving and lost month salary also cut total my bank career this organization worst feeling my career, any one not joining this organization my suggestion

Salary - Poor

+6 more

Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 Nov 2024

5.0

for Salary and Benefits

Likes

Pay scale is good, less Pressure,

Salary - Excellent

+3 more

Dislikes

Policy and sales pressure as someone who want to learn more about wealth management and investment, I'm stuck in log-in days this learning curve is bad some Officers are treating customer as it's late 90s where they can move customer from counter to counter and delay paper work, not realising that it is also affecting other's efficiency as well. last but not least Transfer policy, not able to move to a desired location even if Mutual agreement is there

Skill development - Poor

+1 more

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 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

Associate in Dharmapuri

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is very good, job security and culture is better than other private banks

Salary - Good

+2 more

Dislikes

Won’t get transfers easily, some managers can be very disrespectful. No work life balance especially when it comes to leaves for personal needs

Company culture - Poor

+1 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Federal Bank Assistant System Manager Salary FAQs

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

The average salary of a Assistant System Manager at Federal Bank in India typically ranges from ₹8.4 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Assistant System Manager at Federal Bank earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Assistant System 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 8 Federal Bank employees in India.

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

The estimated take-home salary of a Assistant System Manager at Federal Bank in India typically ranges from ₹90,934 to ₹93,326 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 2 years to 9 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 8 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 System Manager in India?

State Bank of India	₹9.0 Lakhs to ₹20.0 Lakhs per year
Sify Technologies	₹6.5 Lakhs to ₹20.9 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 System Manager in companies similar to Federal Bank in India?

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

Larsen & Toubro Limited	₹6.7 Lakhs to ₹18.0 Lakhs per year
L&T Construction	₹8.4 Lakhs to ₹11.8 Lakhs per year
Rungta Mines	₹6.0 Lakhs to ₹13.5 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 System Manager at Federal Bank in India?

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

Experience	Average Salary Range
2 years	₹10.5 Lakhs to ₹20.6 Lakhs per year
3 years	₹10.6 Lakhs to ₹13.6 Lakhs per year
4 years	₹8.4 Lakhs to ₹22.0 Lakhs per year
5 years	₹11.4 Lakhs to ₹14.5 Lakhs per year

and so on.

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Federal Bank Assistant System Manager Salaries

Federal Bank Assistant System Manager salary in India ranges between ₹8.4 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Federal Bank latest salaries received from various employees of Federal Bank.