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Federal Bank Cluster Manager salaries in India

Annual salary range
6 - 10 years exp.
₹3.1 Lakhs - ₹3.9 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.
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Salaries in different departments

BFSI, Investments & Trading
Cluster Manager Salary
6 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: 5 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

9 - 18 years exp. (28 salaries)

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₹6.3 L/yr - ₹20 L/yr

arrow icon 249% more
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ICICI Bank Cluster Manager Salary

8 - 14 years exp. (38 salaries)

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₹5.6 L/yr - ₹24 L/yr

arrow icon 294% more
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Axis Bank Cluster Manager Salary

0 - 17 years exp. (93 salaries)

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₹4.6 L/yr - ₹14.3 L/yr

arrow icon 188% more
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Kotak Mahindra Bank Cluster Manager Salary

9 - 16 years exp. (53 salaries)

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₹4.7 L/yr - ₹17 L/yr

arrow icon 201% more
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IndusInd Bank Cluster Manager Salary

5 - 14 years exp. (28 salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 130% more
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Yes Bank Cluster Manager Salary

3 - 18 years exp. (23 salaries)

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₹4.8 L/yr - ₹20.2 L/yr

arrow icon 230% more
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IDFC FIRST Bank Cluster Manager Salary

9 - 18 years exp. (210 salaries)

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₹6.9 L/yr - ₹23 L/yr

arrow icon 319% more
1 job opening
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RBL Bank Cluster Manager Salary

1 - 14 years exp. (5 salaries)

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₹4.5 L/yr - ₹8 L/yr

arrow icon 87% more
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Bandhan Bank Cluster Manager Salary

5 - 11 years exp. (8 salaries)

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₹2.8 L/yr - ₹7.7 L/yr

arrow icon 33% more
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₹4.5 L/yr - ₹10.6 L/yr

arrow icon 124% more
1 job opening
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Jana Small Finance Bank Cluster Manager Salary

5 - 15 years exp. (21 salaries)

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₹5.9 L/yr - ₹15.8 L/yr

arrow icon 168% more
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₹8.1 L/yr - ₹35 L/yr

arrow icon 379% 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 168% more
Cluster Manager salary at Federal Bank ranges between ₹3.1 Lakhs to ₹3.9 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Federal Bank.

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 - ₹13.98 L/yr
Sales Manager Salary
(12 salaries)
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₹4.5 L/yr - ₹6.6 L/yr
Branch Manager Salary
(42 salaries)
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₹7.4 L/yr - ₹20 L/yr
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₹15 L/yr - ₹16 L/yr
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₹2.79 L/yr - ₹12.5 L/yr
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₹2 L/yr - ₹7.85 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr
Sales Officer Salary
(12 salaries)
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₹2.4 L/yr - ₹9 L/yr

Salary related reviews for Federal Bank

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

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,

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

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

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

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 30 May 2024

4.0
 for  Salary and Benefits

Likes

One thing I like is that the salary comes on time. And others allowance.

read more

Dislikes

There are many things that are not good in the bank. Like work time 'starting from 9:45 every morning and have no idea when to come back almost 12 hours work everyday. Thus the employee's private life remains nothing. Neither he can take time for himself nor can he give time to his family. Another thing is that he does not give transfer near the employee's house. He does not understand anyone's situation. Due to such an environment, the employee becomes frustrated and prone to leave the job. It is requested to think about the employee and take a good solution for not hiding from the site after reading the review. And do not discriminate between male and female employees regarding office time and transfer.

read 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

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

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Federal Bank Cluster Manager Salary FAQs

What is the notice period for Cluster Manager at Federal Bank?
According to AmbitionBox, 50% of the Federal Bank Cluster Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Federal Bank Cluster Manager salary in India ranges between ₹3.1 Lakhs to ₹3.9 Lakhs. This is an estimate based on latest salaries received from employees of Federal Bank.