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Federal Bank Clerk salaries in India

Annual salary range
0 - 6 years exp.
₹4 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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69% more than the average Clerk Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Clerk Salary
0 - 6 years exp. (33 salaries)
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₹4 L/yr - ₹7.2 L/yr

Finance & Accounting
Clerk Salary
2 - 3 years exp. (4 salaries)
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₹5 L/yr - ₹7 L/yr

Customer Success, Service & Operations
Clerk Salary
3 - 5 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.1 L/yr

Administration & Facilities
Clerk Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.9 L/yr

Last Updated: 1 Oct 2024

Companies similar to Federal Bank for Clerk

Company name Avg Annual Salary Open Jobs
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State Bank of India Clerk Salary

0 - 22 years exp. (21 salaries)

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₹0.8 L/yr - ₹7 L/yr

arrow icon 43% less
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ICICI Bank Clerk Salary

0 - 7 years exp. (13 salaries)

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₹1.5 L/yr - ₹6.5 L/yr

arrow icon 39% less
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HDFC Bank Clerk Salary

0 - 6 years exp. (36 salaries)

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₹0.7 L/yr - ₹4.1 L/yr

arrow icon 48% less
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Axis Bank Clerk Salary

0 - 8 years exp. (10 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 58% less
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Punjab National Bank Clerk Salary

0 - 9 years exp. (15 salaries)

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₹3 L/yr - ₹7.5 L/yr

arrow icon 13% less
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Bank of Baroda Clerk Salary

0 - 9 years exp. (24 salaries)

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₹2.8 L/yr - ₹9.1 L/yr

arrow icon 6% less
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Canara Bank Clerk Salary

1 - 10 years exp. (36 salaries)

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₹1.5 L/yr - ₹10 L/yr

arrow icon 8% less
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Union Bank of India Clerk Salary

0 - 3 years exp. (10 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 44% less
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Karnataka Bank Clerk Salary

0 - 9 years exp. (58 salaries)

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₹2.8 L/yr - ₹9.1 L/yr

arrow icon 5% less
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Karur Vysya Bank Clerk Salary

1 - 10 years exp. (55 salaries)

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₹2.6 L/yr - ₹8 L/yr

arrow icon 2% less
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Clerk salary at Federal Bank ranges between ₹4 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 55 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Clerk

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Experience wise Federal Bank Clerk salaries

Last Updated: 1 Oct 2024

Experience Avg Annual Salary
Fresher  (25 salaries)

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₹4 L/yr - ₹8 L/yr
1 year (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.6 L/yr
2 years  (6 salaries)

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₹4 L/yr - ₹7 L/yr
3 years  (8 salaries)

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₹4 L/yr - ₹10.5 L/yr
4 years  (5 salaries)

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₹4.5 L/yr - ₹6.2 L/yr
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Federal Bank Clerk Salary and Career Growth

From

To

Clerk

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0 - 6 years exp.

Associate Vice President

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7 - 15 years exp.

Clerk 0 - 6 years exp.
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Assistant Manager 0 - 10 years exp.
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arrow icon 116% hike
Manager 3 - 12 years exp.
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arrow icon 32% hike

View more

Similar Designation salaries in Federal Bank

Analyst Salary
(5 salaries)
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₹3.62 L/yr - ₹13 L/yr
Accountant Salary
(4 salaries)
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₹1.8 L/yr - ₹3.2 L/yr
Senior Analyst Salary
(4 salaries)
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₹14 L/yr - ₹21 L/yr
Deputy Manager Salary
(6 salaries)
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₹4.5 L/yr - ₹13.8 L/yr
Audit Assistant Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
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₹6.8 L/yr - ₹9.5 L/yr
Accounts Officer Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
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₹2 L/yr - ₹4 L/yr
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₹2.25 L/yr - ₹10 L/yr
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₹9.42 L/yr - ₹12 L/yr

Salary related reviews for Federal Bank

4.4

Rated by 25 employees for salary & benefits

Finance & Accounting Department

4.0
  •  posted on 11 Aug 2020

5.0
 for  Salary and Benefits

Likes

...traveling allowance for additional cost incurred while traveling under lockdown. We were allowed to work on rotational basis and were given additional pay for everyday branch attended during Covid.

read more
  • Salary - Excellent
  • +5 more

Finance & Accounting Department

4.0
  •  posted on 12 Dec 2019

5.0
 for  Salary and Benefits

Likes

Federal bank pays a very good package with comparison to other Banks. Very good scope for learning and development.

read more
  • Salary - Excellent
  • +4 more

Dislikes

With high level of job security, performance of some staff is abysmal. It discourages performers to perform as performers are only given recognition, no monetary benefits.

read more

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

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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

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

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

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Federal Bank Clerk Salary FAQs

What is the salary of Clerk at Federal Bank?
Clerk salary at Federal Bank in India ranges between ₹4.0 Lakhs to ₹8.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 69% more than the average Clerk Salary in India. Salary estimates are based on 55 latest salaries received from various employees of Federal Bank India.
How does the salary of a Clerk at Federal Bank India compare with the average salary range for this job?
The average salary of a Clerk at Federal Bank is 69% more than the average salary of a Clerk in India. To know exact salary insights, login to view.
What is the salary of a Clerk in companies similar to Federal Bank in India?
  • Karur Vysya Bank Clerk Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
  • Karnataka Bank Clerk Salary - ₹2.8 Lakhs to ₹9.1 Lakhs per year
  • Bank of Baroda Clerk Salary - ₹2.8 Lakhs to ₹9.1 Lakhs per year
  • Canara Bank Clerk Salary - ₹1.5 Lakhs to ₹10.0 Lakhs per year
  • Punjab National Bank Clerk Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Clerk at Federal Bank in India?
The estimated take-home salary of a Clerk at Federal Bank ranges between ₹44,448 per month to ₹45,547 per month in India. The take-home salary calculation is based on the average Federal Bank Clerk salary in India which ranges between ₹4.0 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Clerk at Federal Bank?
According to AmbitionBox, 53% of the Federal Bank Clerks reported a notice period of 1 Month, 27% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Clerk salary in India ranges between ₹4 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 55 Federal Bank latest salaries received from various employees of Federal Bank.