Federal Bank Mumbai Associate Vice President Salaries by 30+ Employees (Updated 2025)

7 - 15 years exp.

₹22 Lakhs - ₹37 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Associate Vice President Salary in Banking Companies for 7 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 7 - 15 years exp. (19 salaries)	₹23 L/yr - ₹36 L/yr
Product Management Associate Vice President Salary 11 - 12 years exp. (3 salaries)	₹28 L/yr - ₹37 L/yr
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Data Science & Analytics Associate Vice President Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹22 L/yr - ₹27.9 L/yr
Human Resources Associate Vice President Salary 12 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹30.5 L/yr
Risk Management & Compliance Associate Vice President Salary 12 years exp. (AmbitionBox Estimate)	₹31.5 L/yr - ₹32 L/yr

Last Updated: 1 Mar 2025

Companies similar to Federal Bank for Associate Vice President in Mumbai

Federal Bank Associate Vice President Salary

7 - 15 years exp. (36 salaries)

₹22 L/yr - ₹37 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Associate Vice President Salary 3 - 21 years exp. (730 salaries)	₹9.7 L/yr - ₹36.9 L/yr 30% less
HDFC Bank Associate Vice President Salary 8 - 19 years exp. (132 salaries)	₹13.5 L/yr - ₹39 L/yr 8% less
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IndusInd Bank Associate Vice President Salary 5 - 18 years exp. (114 salaries)	₹7.7 L/yr - ₹30 L/yr 36% less
Axis Bank Associate Vice President Salary 6 - 20 years exp. (112 salaries)	₹13.9 L/yr - ₹40.1 L/yr 4% less
Yes Bank Associate Vice President Salary 5 - 15 years exp. (79 salaries)	₹11.5 L/yr - ₹26 L/yr 39% less
RBL Bank Associate Vice President Salary 7 - 18 years exp. (53 salaries)	₹11 L/yr - ₹23 L/yr 43% less
IDFC FIRST Bank Associate Vice President Salary 8 - 18 years exp. (47 salaries)	₹14 L/yr - ₹39 L/yr 8% less
Standard Chartered Associate Vice President Salary 11 - 20 years exp. (15 salaries)	₹22.1 L/yr - ₹50 L/yr 37% more
ICICI Bank Associate Vice President Salary 5 - 16 years exp. (12 salaries)	₹18 L/yr - ₹35 L/yr 20% less
Jana Small Finance Bank Associate Vice President Salary 12 - 19 years exp. (12 salaries)	₹8.1 L/yr - ₹19.3 L/yr 52% less
Bandhan Bank Associate Vice President Salary 9 - 18 years exp. (10 salaries)	₹20 L/yr - ₹35.5 L/yr 12% less
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HSBC Global Banking and Markets Associate Vice President Salary 10 - 20 years exp. (7 salaries)	₹16.5 L/yr - ₹29.6 L/yr 12% less
Barclays Investment Bank Associate Vice President Salary 9 - 14 years exp. (6 salaries)	₹24.5 L/yr - ₹40 L/yr 26% more
Shinhan Bank Associate Vice President Salary 11 - 16 years exp. (6 salaries)	₹20 L/yr - ₹30 L/yr 20% less
Utkarsh Small Finance Bank Associate Vice President Salary 15 - 21 years exp. (4 salaries)	₹16 L/yr - ₹20.4 L/yr 40% less
Chase Bank Associate Vice President Salary 13 - 15 years exp. (3 salaries)	₹24 L/yr - ₹28 L/yr 11% less

Associate Vice President salary at Federal Bank ranges between ₹22 Lakhs to ₹37 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 36 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Associate Vice President in Mumbai

1mo ago

₹36 Lakhs

9 years exp.

2mo ago

₹30 Lakhs

7 years exp.

2mo ago

₹37 Lakhs

12 years exp.

3mo ago

₹32 Lakhs

12 years exp.

5mo ago

₹24 Lakhs

15 years exp.

6mo ago

10 years exp.

6mo ago

15 years exp.

8mo ago

10 years exp.

8mo ago

9 years exp.

8mo ago

8 years exp.

Experience wise Federal Bank Associate Vice President salaries in Mumbai

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
7 years (3 salaries)	₹23 L/yr - ₹54.4 L/yr
8 years (3 salaries)	₹22 L/yr - ₹35 L/yr
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9 years (4 salaries)	₹25 L/yr - ₹36 L/yr
10 years (6 salaries)	₹24 L/yr - ₹36 L/yr
11 years (3 salaries)	₹28.5 L/yr - ₹35 L/yr
12 years (7 salaries)	₹22 L/yr - ₹37 L/yr
13 years (5 salaries)	₹22 L/yr - ₹53.4 L/yr
14 years (AmbitionBox Estimate)	₹26.6 L/yr - ₹34 L/yr
15+ years (3 salaries)	₹24 L/yr - ₹32 L/yr

View all

Similar Designation salaries in Federal Bank

Officer Salary

(33 salaries)

₹7.5 L/yr - ₹15 L/yr

Probationary Officer Salary

(30 salaries)

₹6 L/yr - ₹16 L/yr

Product Manager Salary

(10 salaries)

₹12 L/yr - ₹17 L/yr

Assistant Vice President Salary

(3 salaries)

₹29 L/yr - ₹35 L/yr

Salary related reviews for Federal Bank

5.0

Rated by 2 employees for salary & benefits

Associate Vice President in Thiruvananthapuram

Customer Success, Service & Operations Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

...ing.If we are deserving n performing well ,we will be noticed by the higher ups.Fair appraisals and good compensation n allowances also.

Salary - Good

+4 more

Dislikes

Top management decisions and policies are not conveyed to field level employees n we feel aliens at times.There should be a platform where one can raise a concern directly to a top leader.

Senior Manager in Ernakulam

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.

Salary - Excellent

+5 more

Dislikes

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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Federal Bank Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Federal Bank in Mumbai?

The average salary of a Associate Vice President at Federal Bank in Mumbai typically ranges from ₹22.0 Lakhs to ₹37.0 Lakhs per year, depending on experience (from 7 years to 15 years).

The top 10% of Associate Vice President in Mumbai at Federal Bank earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹37.0 Lakhs per year. Associate Vice President 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 30+ Federal Bank employees in India.

What is the estimated take home salary of a Associate Vice President at Federal Bank in Mumbai?

The estimated take-home salary of a Associate Vice President at Federal Bank in Mumbai typically ranges from ₹1,84,293 to ₹1,91,490 per month. This is based on the average salary range of ₹22.0 Lakhs to ₹37.0 Lakhs per year for employees with experience ranging from 7 years to 15 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 30+ 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 Vice President in India?

Standard Chartered	₹22.1 Lakhs to ₹50.0 Lakhs per year
Barclays Investment Bank	₹24.5 Lakhs to ₹40.0 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 Vice President in companies similar to Federal Bank in Mumbai?

The salary of a Associate Vice President at companies similar to Federal Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹13.9 Lakhs to ₹40.1 Lakhs per year
IDFC FIRST Bank	₹14.0 Lakhs to ₹39.0 Lakhs per year
HDFC Bank	₹13.5 Lakhs to ₹39.0 Lakhs per year
Chase Bank	₹24.0 Lakhs to ₹28.0 Lakhs per year
Bandhan Bank	₹20.0 Lakhs to ₹35.5 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 Vice President at Federal Bank in Mumbai?

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

Experience	Average Salary Range
7 years	₹23.0 Lakhs to ₹54.4 Lakhs per year
8 years	₹22.0 Lakhs to ₹35.0 Lakhs per year
9 years	₹25.0 Lakhs to ₹36.0 Lakhs per year
10 years	₹24.0 Lakhs to ₹36.0 Lakhs per year

and so on.

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Federal Bank Associate Vice President Salaries in Mumbai

Federal Bank Associate Vice President salary in Mumbai ranges between ₹22 Lakhs to ₹37 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 Federal Bank latest salaries received from various employees of Federal Bank.