Federal Bank Associate Manager Salaries by 5 Employees (Updated 2025)

0 - 12 years exp.

₹9.2 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Associate Manager Salary in Banking Companies for 0 - 12 years of experience

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Last Updated: 13 Jul 2024

Companies similar to Federal Bank for Associate Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Manager Salary 0 - 8 years exp. (25 salaries)	₹2.5 L/yr - ₹6 L/yr 61% less
ICICI Bank Associate Manager Salary 0 - 6 years exp. (35 salaries)	₹2.2 L/yr - ₹7.6 L/yr 64% less
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Axis Bank Associate Manager Salary 1 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹5.1 L/yr 63% less
State Bank of India Associate Manager Salary 0 - 8 years exp. (5 salaries)	₹7 L/yr - ₹14 L/yr At par
Kotak Mahindra Bank Associate Manager Salary 1 - 6 years exp. (72 salaries)	₹1.6 L/yr - ₹5.1 L/yr 69% less
IndusInd Bank Associate Manager Salary 0 - 10 years exp. (1.1k salaries)	₹1.8 L/yr - ₹7 L/yr 61% less	7 job openings
Yes Bank Associate Manager Salary 2 - 9 years exp. (16 salaries)	₹2.6 L/yr - ₹6.5 L/yr 62% less
IDFC FIRST Bank Associate Manager Salary 0 - 6 years exp. (311 salaries)	₹2.4 L/yr - ₹6.7 L/yr 66% less	7 job openings
RBL Bank Associate Manager Salary 3 - 6 years exp. (5 salaries)	₹3 L/yr - ₹4.8 L/yr 60% less
Bandhan Bank Associate Manager Salary 0 - 4 years exp. (7 salaries)	₹3.4 L/yr - ₹5 L/yr 62% less
HSBC Global Banking and Markets Associate Manager Salary 10 - 12 years exp. (6 salaries)	₹15 L/yr - ₹19.9 L/yr 57% more
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IDBI Bank Associate Manager Salary 3 - 8 years exp. (3 salaries)	₹11 L/yr - ₹18 L/yr 37% more
Utkarsh Small Finance Bank Associate Manager Salary 4 - 9 years exp. (4 salaries)	₹3.1 L/yr - ₹4 L/yr 68% less
Canara Bank Associate Manager Salary 1 - 11 years exp. (3 salaries)	₹3.3 L/yr - ₹9.8 L/yr 28% less
Barclays Investment Bank Associate Manager Salary 7 - 9 years exp. (3 salaries)	₹11.2 L/yr - ₹12 L/yr 12% more
Ujjivan Small Finance Bank Associate Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 63% less

Associate Manager salary at Federal Bank ranges between ₹9.2 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Associate Manager salaries

Last Updated: 13 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9.2 L/yr - ₹18.5 L/yr
1 year (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.8 L/yr
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2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
4 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
8 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
9 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
10 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
11 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹19.2 L/yr
12 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹19.2 L/yr

View all

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Salary related reviews for Federal Bank

5.0

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Federal Bank Associate Manager Salary FAQs

What is the salary of Associate Manager at Federal Bank?

Associate Manager salary at Federal Bank in India ranges between ₹9.2 Lakhs to ₹12.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 32% less than the average Associate Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Associate Manager at Federal Bank is 32% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Associate Manager in India?

HSBC Global Banking and Markets Associate Manager Salary - ₹15.0 Lakhs to ₹19.9 Lakhs per year
IDBI Bank Associate Manager Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
Barclays Investment Bank Associate Manager Salary - ₹11.2 Lakhs to ₹12.0 Lakhs per year
State Bank of India Associate Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Associate Manager in companies similar to Federal Bank in India?

Canara Bank Associate Manager Salary - ₹3.3 Lakhs to ₹9.8 Lakhs per year
RBL Bank Associate Manager Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year
HDFC Bank Associate Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
IndusInd Bank Associate Manager Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
Yes Bank Associate Manager Salary - ₹2.6 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Associate Manager at Federal Bank ranges between ₹75,273 per month to ₹77,222 per month in India. The take-home salary calculation is based on the average Federal Bank Associate Manager salary in India which ranges between ₹9.2 Lakhs to ₹12.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at Federal Bank?

According to AmbitionBox, 100% of the Federal Bank Associate Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Federal Bank Associate Manager Salaries

Federal Bank Associate Manager salary in India ranges between ₹9.2 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Federal Bank latest salaries received from various employees of Federal Bank.