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Federal Bank Associate salaries in Chennai

Annual salary range
0 - 3 years exp.
₹5 Lakhs - ₹8 Lakhs
Salary of majority employees
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At par with the average Associate Salary in Banking Companies for 0 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Associate Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹8 L/yr

Engineering - Software & QA
Associate Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹7.5 L/yr

Finance & Accounting
Associate Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹7.5 L/yr

Last Updated: 9 Nov 2024

Companies similar to Federal Bank for Associate in Chennai

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Federal Bank Associate Salary

0 - 3 years exp. (9 salaries)

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₹5 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Associate Salary

0 - 3 years exp. (5 salaries)

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₹3 L/yr - ₹4 L/yr

arrow icon 54% less
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HDFC Bank Associate Salary

0 - 4 years exp. (7 salaries)

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₹1.9 L/yr - ₹8 L/yr

arrow icon 50% less
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Kotak Mahindra Bank Associate Salary

0 - 5 years exp. (63 salaries)

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₹1.4 L/yr - ₹3.5 L/yr

arrow icon 62% less
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IndusInd Bank Associate Salary

2 - 7 years exp. (9 salaries)

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₹1.9 L/yr - ₹5.9 L/yr

arrow icon 39% less
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City Union Bank Associate Salary

0 - 6 years exp. (76 salaries)

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₹2 L/yr - ₹4.9 L/yr

arrow icon 39% less
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Standard Chartered Associate Salary

2 - 11 years exp. (12 salaries)

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₹7 L/yr - ₹19.4 L/yr

arrow icon 153% more
Associate salary at Federal Bank ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 9 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Associate in Chennai

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3 years exp.
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2 years exp.
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9 months exp.
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9 months exp.

Experience wise Federal Bank Associate salaries in Chennai

Last Updated: 9 Nov 2024

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹5 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)

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₹5 L/yr - ₹10.5 L/yr
2 years (AmbitionBox Estimate)

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₹5 L/yr - ₹11 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹8 L/yr
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 - 10 years exp.
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arrow icon 90% hike
Manager 3 - 12 years exp.
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arrow icon 28% hike

View more

Similar Designation salaries in Federal Bank

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₹7.3 L/yr - ₹13.17 L/yr
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₹20 L/yr - ₹26.12 L/yr
Officer Salary
(3 salaries)
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₹8 L/yr - ₹15 L/yr

Salary related reviews for Federal Bank

4.2

Rated by 3 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 Chennai?
Associate salary at Federal Bank in Chennai ranges between ₹5.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 4% less than the average Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Federal Bank Chennai.
How does the salary of a Associate at Federal Bank Chennai compare with the average salary range for this job?
The average salary of a Associate at Federal Bank is 4% less than the average salary of a Associate in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Federal Bank to a Associate in Chennai?
  • Standard Chartered Associate Salary - ₹7.0 Lakhs to ₹19.4 Lakhs per year
What is the salary of a Associate in companies similar to Federal Bank in Chennai?
  • City Union Bank Associate Salary - ₹2.0 Lakhs to ₹4.9 Lakhs per year
  • IndusInd Bank Associate Salary - ₹1.9 Lakhs to ₹5.9 Lakhs per year
  • HDFC Bank Associate Salary - ₹1.9 Lakhs to ₹8.0 Lakhs per year
  • ICICI Bank Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
  • Kotak Mahindra Bank Associate Salary - ₹1.4 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Associate at Federal Bank in Chennai?
The estimated take-home salary of a Associate at Federal Bank ranges between ₹50,019 per month to ₹51,200 per month in Chennai. The take-home salary calculation is based on the average Federal Bank Associate salary in India which ranges between ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Associate at Federal Bank in Chennai?
According to AmbitionBox, 57% of the Federal Bank Associates in Chennai reported a notice period of 1 Month, 14% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Associate salary in Chennai ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Federal Bank latest salaries received from various employees of Federal Bank.