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Federal Bank Associate salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹4 Lakhs - ₹9 Lakhs
Salary of majority employees
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13% less than the average Associate Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
0 - 7 years exp. (30 salaries)
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₹4 L/yr - ₹7.5 L/yr

Customer Success, Service & Operations
Associate Salary
0 - 6 years exp. (28 salaries)
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₹4 L/yr - ₹8.2 L/yr

Finance & Accounting
Associate Salary
0 - 3 years exp. (26 salaries)
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₹4.5 L/yr - ₹9 L/yr

Sales & Business Development
Associate Salary
1 - 4 years exp. (4 salaries)
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₹5.5 L/yr - ₹7.5 L/yr

Administration & Facilities
Associate Salary
0 - 2 years exp. (3 salaries)
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₹5.4 L/yr - ₹8.3 L/yr

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Last Updated: 24 Mar 2025

Companies similar to Federal Bank for Associate

Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (1k salaries)

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₹1.1 L/yr - ₹4.2 L/yr

arrow icon 61% less
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IDFC FIRST Bank Associate Salary

0 - 7 years exp. (635 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 52% less
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City Union Bank Associate Salary

0 - 8 years exp. (244 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 38% less
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Standard Chartered Associate Salary

1 - 13 years exp. (144 salaries)

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₹7.7 L/yr - ₹30 L/yr

arrow icon 165% more
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ICICI Bank Associate Salary

0 - 5 years exp. (121 salaries)

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₹1.1 L/yr - ₹8 L/yr

arrow icon 54% less
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₹5.6 L/yr - ₹21.9 L/yr

arrow icon 89% more
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HDFC Bank Associate Salary

0 - 6 years exp. (67 salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 48% less
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Axis Bank Associate Salary

0 - 8 years exp. (57 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 51% less
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IndusInd Bank Associate Salary

2 - 7 years exp. (32 salaries)

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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 43% less
1 job opening
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Yes Bank Associate Salary

1 - 8 years exp. (16 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 48% less
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Associate salary at Federal Bank ranges between ₹4 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 155 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Associate

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Experience wise Federal Bank Associate salaries

Last Updated: 24 Mar 2025

Experience Avg Annual Salary
Fresher  (33 salaries)

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₹4.5 L/yr - ₹7 L/yr
1 year  (43 salaries)

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₹4 L/yr - ₹7.7 L/yr
2 years  (29 salaries)

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₹4.5 L/yr - ₹9 L/yr
3 years  (27 salaries)

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₹1.6 L/yr - ₹9 L/yr
4 years  (16 salaries)

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₹5 L/yr - ₹7.5 L/yr
View all
Federal Bank Associate Salary and Career Growth

From

To

Associate

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0 - 7 years exp.

Associate Vice President

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7 - 15 years exp.

Associate

0 - 7 years exp.
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Assistant Manager

0 - 9 years exp.
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arrow icon 89% hike

Manager

3 - 12 years exp.
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arrow icon 33% 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

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₹6.8 L/yr - ₹9.5 L/yr
Team Lead Salary
(11 salaries)
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₹3.39 L/yr - ₹4.2 L/yr
System Engineer Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
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₹2 L/yr - ₹9 L/yr
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₹3 L/yr - ₹4 L/yr
Senior Software Engineer Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Salary related reviews for Federal Bank

4.5

Rated by 33 employees for salary & benefits

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

read more
  • Skill development - Poor
  • +1 more

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

read more
  • 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

read more
  • Company culture - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 15 Feb 2023

4.0
 for  Salary and Benefits

Likes

Great salary & benefits

  • Salary - Good
  • +2 more

Dislikes

no promotions need an awful exam to get promotion The people who have performance also need to pass exam no relevance in performance traditional in some parts even if you PG u have to pass an awful exam

read more
  • Promotions - Poor

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 05 Feb 2025

5.0
 for  Salary and Benefits

Likes

... consideration for posting based on personal issues. Opportunities for learning. Salary is at par with nationalised banks. Offers good job security.

read more
  • Salary - Excellent
  • +5 more

Dislikes

The promotion process is subject to bias. Hands on training for new recruits can be improved.

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

read more

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

read more
  • Salary - Poor
  • +6 more
see more salary related reviews

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Federal Bank Associate Salary FAQs

What is the salary of Associate at Federal Bank ?
The average salary of a Associate at Federal Bank in India typically ranges from ₹4.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Associate at Federal Bank earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Associate 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 100+ Federal Bank employees in India.
What is the estimated take home salary of a Associate at Federal Bank in India?
The estimated take-home salary of a Associate at Federal Bank in India typically ranges from ₹50,678 to ₹51,874 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹9.0 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 100+ 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 Associate in India?
Chase Bank ₹17.0 Lakhs to ₹38.0 Lakhs per year
Standard Chartered ₹7.7 Lakhs to ₹30.0 Lakhs per year
HSBC Global Banking and Markets ₹5.6 Lakhs to ₹21.9 Lakhs per year
Emirates NBD ₹9.5 Lakhs to ₹20.1 Lakhs per year
Canara Bank ₹5.0 Lakhs to ₹19.5 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 Associate in companies similar to Federal Bank in India?
The salary of a Associate at companies similar to Federal Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays Investment Bank ₹5.0 Lakhs to ₹11.0 Lakhs per year
UCO Bank ₹5.9 Lakhs to ₹6.5 Lakhs per year
J&K Bank ₹4.5 Lakhs to ₹6.0 Lakhs per year
City Union Bank ₹2.0 Lakhs to ₹5.5 Lakhs per year
IndusInd Bank ₹1.5 Lakhs to ₹7.5 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 Associate at Federal Bank in India?
The salary growth for a Associate at Federal Bank depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
Fresher ₹4.5 Lakhs to ₹7.0 Lakhs per year
1 year ₹4.0 Lakhs to ₹7.7 Lakhs per year
2 years ₹4.5 Lakhs to ₹9.0 Lakhs per year
3 years ₹1.6 Lakhs to ₹9.0 Lakhs per year
and so on.

Tell us how to improve this page.

Federal Bank Associate salary in India ranges between ₹4 Lakhs to ₹9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 155 Federal Bank latest salaries received from various employees of Federal Bank.