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Federal Bank Cluster Manager salaries in India

Annual salary range
6 - 10 years exp.
₹0.8 Lakh - ₹6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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72% less than the average Cluster Manager Salary in Banking Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹0.7 L/yr - ₹0.9 L/yr

Sales & Business Development
Cluster Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 21 Dec 2024

Companies similar to Federal Bank for Cluster Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Cluster Manager Salary

5 - 16 years exp. (24 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 345% more
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ICICI Bank Cluster Manager Salary

8 - 15 years exp. (41 salaries)

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₹6 L/yr - ₹25 L/yr

arrow icon 469% more
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Axis Bank Cluster Manager Salary

5 - 17 years exp. (78 salaries)

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₹4.7 L/yr - ₹15.5 L/yr

arrow icon 315% more
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Kotak Mahindra Bank Cluster Manager Salary

4 - 16 years exp. (63 salaries)

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₹3.9 L/yr - ₹16.2 L/yr

arrow icon 281% more
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IndusInd Bank Cluster Manager Salary

6 - 15 years exp. (24 salaries)

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₹5 L/yr - ₹12.7 L/yr

arrow icon 218% more
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Yes Bank Cluster Manager Salary

3 - 18 years exp. (23 salaries)

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₹4.8 L/yr - ₹16 L/yr

arrow icon 324% more
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IDFC FIRST Bank Cluster Manager Salary

8 - 16 years exp. (231 salaries)

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₹5.8 L/yr - ₹23 L/yr

arrow icon 423% more
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RBL Bank Cluster Manager Salary

10 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹8 L/yr

arrow icon 187% more
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Bandhan Bank Cluster Manager Salary

5 - 11 years exp. (11 salaries)

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₹2.8 L/yr - ₹10 L/yr

arrow icon 104% more
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₹4.5 L/yr - ₹11.5 L/yr

arrow icon 204% more
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Jana Small Finance Bank Cluster Manager Salary

5 - 15 years exp. (16 salaries)

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₹5.9 L/yr - ₹14 L/yr

arrow icon 277% more
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Standard Chartered Cluster Manager Salary

2 - 10 years exp. (7 salaries)

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₹9 L/yr - ₹15.7 L/yr

arrow icon 519% more
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₹8.1 L/yr - ₹35 L/yr

arrow icon 562% more
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Karur Vysya Bank Cluster Manager Salary

8 - 10 years exp. (4 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 270% more

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Cluster Manager salary at Federal Bank ranges between ₹0.8 Lakh to ₹6 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Cluster Manager

2w ago
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8 years exp.
4w ago
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6 years exp.
3mo ago
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10 years exp.

Experience wise Federal Bank Cluster Manager salaries

Last Updated: 21 Dec 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹0.9 L/yr
8 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹0.9 L/yr
10 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Federal Bank

Store Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
Area Manager Salary
(3 salaries)
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₹6.2 L/yr - ₹10 L/yr
Deputy Manager Salary
(6 salaries)
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₹4.5 L/yr - ₹13.8 L/yr
Sales Manager Salary
(11 salaries)
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₹4.5 L/yr - ₹6.6 L/yr
Branch Manager Salary
(46 salaries)
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₹8.1 L/yr - ₹22 L/yr
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₹15 L/yr - ₹16 L/yr
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₹7 L/yr - ₹14 L/yr
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₹2 L/yr - ₹4.5 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr

Salary related reviews for Federal Bank

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

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 May 2022

4.0
 for  Salary and Benefits

Likes

... 2. HR policies are favorable for employees. 3. Sales pressure is moderate. 4. Joining salary is one of the best in the industry.

read more
  • Salary - Good
  • +3 more

Dislikes

1. Unclear process for business development. 2. Union culture, a hurdle in work culture. 3. Learning is confined. 4. No performance linked incentive & annual increments are peanuts.

read 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

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

read more
  • Work-life balance - Poor
see more salary related reviews

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Federal Bank Cluster Manager Salary FAQs

What is the notice period for Cluster Manager at Federal Bank?
According to AmbitionBox, 67% of the Federal Bank Cluster Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Cluster Manager salary in India ranges between ₹0.8 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Federal Bank latest salaries received from various employees of Federal Bank.