Federal Bank Clerical Staff Salaries by 8 Employees

0 - 3 years exp.

₹5 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Clerical Staff Salary in Banking Companies for 0 - 3 years of experience

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Last Updated: 23 Mar 2024

Companies similar to Federal Bank for Clerical Staff

Company name	Avg Annual Salary	Open Jobs
City Union Bank Clerical Staff Salary 1 - 6 years exp. (16 salaries)	₹3 L/yr - ₹4.4 L/yr 35% less
Karnataka Bank Clerical Staff Salary 0 - 9 years exp. (9 salaries)	₹4 L/yr - ₹7.2 L/yr 9% less
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Karur Vysya Bank Clerical Staff Salary 2 - 10 years exp. (9 salaries)	₹3.6 L/yr - ₹9 L/yr 5% less
IDBI Bank Clerical Staff Salary 1 - 4 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 29% less
Canara Bank Clerical Staff Salary 0 - 8 years exp. (5 salaries)	₹1 L/yr - ₹4.8 L/yr 36% less
Central Bank of India Clerical Staff Salary 0 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹4.8 L/yr 49% less
Union Bank of India Clerical Staff Salary 3 - 6 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 8% more
Axis Bank Clerical Staff Salary 3 - 11 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 54% less
UCO Bank Clerical Staff Salary 2 - 32 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 25% less

Clerical Staff salary at Federal Bank ranges between ₹5 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 8 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Clerical Staff salaries

Last Updated: 23 Mar 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹5.4 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)	₹5.7 L/yr - ₹10.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.5 L/yr

Similar Designation salaries in Federal Bank

Team Lead Salary

(11 salaries)

₹3.39 L/yr - ₹4.2 L/yr

Accountant Salary

(4 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Analyst Salary

(5 salaries)

₹3.62 L/yr - ₹13 L/yr

Financial Analyst Salary

(5 salaries)

₹3.21 L/yr - ₹12.09 L/yr

Senior Analyst Salary

(4 salaries)

₹14 L/yr - ₹21 L/yr

Deputy Manager Salary

(6 salaries)

₹6.55 L/yr - ₹13.42 L/yr

Senior Associate Salary

(6 salaries)

₹6.8 L/yr - ₹9.5 L/yr

Finance Executive Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Process Associate Salary

(4 salaries)

₹2 L/yr - ₹5 L/yr

Salary related reviews for Federal Bank

2.8

Rated by 5 employees for salary & benefits

Clerical Staff in Ramanagaram

Other Department

2.0

• posted on 21 Jul 2022

4.0

for Salary and Benefits

Likes

Salary is good. Money will keep a person happy till a point, later satisfaction is derived from lot of other things. So don't keep this point as important and join it.

Salary - Good

+1 more

Dislikes

I resigned in Nov 2021 and after that the bank doesn't even resolve issues when asked over mail. They haven't given bonus for the period served. They block mails when we ask them about it. The HRs don't even pick calls nor talk politely. It is just a disrespectful place that I had worked at and am thankful I left it and in a better position now.

Work satisfaction - Bad

+2 more

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

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Federal Bank Clerical Staff Salary FAQs

What is the salary of Clerical Staff at Federal Bank ?

The average salary of a Clerical Staff at Federal Bank in India typically ranges from ₹5.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Clerical Staff at Federal Bank earn more than ₹6.4 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Clerical Staff 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 Clerical Staff at Federal Bank in India?

The estimated take-home salary of a Clerical Staff at Federal Bank in India typically ranges from ₹43,802 to ₹44,910 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 3 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 Clerical Staff in India?

Union Bank of India

₹5.0 Lakhs to ₹7.0 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 Clerical Staff in companies similar to Federal Bank in India?

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

Karur Vysya Bank	₹3.6 Lakhs to ₹9.0 Lakhs per year
Karnataka Bank	₹4.0 Lakhs to ₹7.2 Lakhs per year
UCO Bank	₹4.0 Lakhs to ₹4.5 Lakhs per year
IDBI Bank	₹3.0 Lakhs to ₹5.0 Lakhs per year
City Union Bank	₹3.0 Lakhs to ₹4.4 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 Clerical Staff at Federal Bank in India?

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

Experience	Average Salary Range
Fresher	₹5.4 Lakhs to ₹6.0 Lakhs per year
1 year	₹5.7 Lakhs to ₹10.5 Lakhs per year
2 years	₹2.3 Lakhs to ₹6.0 Lakhs per year
3 years	₹5.0 Lakhs to ₹6.5 Lakhs per year

and so on.

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Federal Bank Clerical Staff Salaries

Federal Bank Clerical Staff salary in India ranges between ₹5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Federal Bank latest salaries received from various employees of Federal Bank.