Federal Bank Deputy Manager Salaries by 6 Employees (Updated 2025)

0 - 7 years exp.

₹6.6 Lakhs - ₹13.4 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Deputy Manager Salary in Banking Companies for 0 - 7 years of experience

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Last Updated: 15 Mar 2025

Companies similar to Federal Bank for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (15.5k salaries)	₹2.5 L/yr - ₹11 L/yr 13% less
HDFC Bank Deputy Manager Salary 0 - 15 years exp. (15.1k salaries)	₹2 L/yr - ₹10 L/yr 22% less
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Kotak Mahindra Bank Deputy Manager Salary 0 - 13 years exp. (11.3k salaries)	₹1.7 L/yr - ₹8.5 L/yr 32% less
Axis Bank Deputy Manager Salary 0 - 14 years exp. (10.5k salaries)	₹2 L/yr - ₹9 L/yr 16% less
IndusInd Bank Deputy Manager Salary 0 - 13 years exp. (3.6k salaries)	₹1.7 L/yr - ₹7.5 L/yr 35% less
Yes Bank Deputy Manager Salary 0 - 13 years exp. (3.1k salaries)	₹2.3 L/yr - ₹9 L/yr 23% less
IDFC FIRST Bank Deputy Manager Salary 0 - 12 years exp. (2.7k salaries)	₹2.2 L/yr - ₹9.5 L/yr 25% less	6 job openings
Bandhan Bank Deputy Manager Salary 0 - 11 years exp. (1.5k salaries)	₹2.5 L/yr - ₹7.5 L/yr 30% less
RBL Bank Deputy Manager Salary 0 - 13 years exp. (1.5k salaries)	₹2.7 L/yr - ₹8.9 L/yr 27% less
Ujjivan Small Finance Bank Deputy Manager Salary 0 - 10 years exp. (156 salaries)	₹2.5 L/yr - ₹5.8 L/yr 43% less
Utkarsh Small Finance Bank Deputy Manager Salary 0 - 12 years exp. (242 salaries)	₹4.1 L/yr - ₹9.5 L/yr 11% less	1 job opening
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City Union Bank Deputy Manager Salary 0 - 13 years exp. (175 salaries)	₹6 L/yr - ₹14.3 L/yr 41% more
Shinhan Bank Deputy Manager Salary 4 - 11 years exp. (33 salaries)	₹4.8 L/yr - ₹15 L/yr 32% more
Standard Chartered Deputy Manager Salary 3 - 10 years exp. (24 salaries)	₹3.8 L/yr - ₹8 L/yr 21% less
Jana Small Finance Bank Deputy Manager Salary 1 - 12 years exp. (17 salaries)	₹3 L/yr - ₹6.2 L/yr 32% less
Union Bank of India Deputy Manager Salary 3 - 13 years exp. (10 salaries)	₹9 L/yr - ₹16 L/yr 60% more
Karur Vysya Bank Deputy Manager Salary 2 - 10 years exp. (9 salaries)	₹2.5 L/yr - ₹10 L/yr 15% less
IDBI Bank Deputy Manager Salary 0 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹9 L/yr 34% less
Canara Bank Deputy Manager Salary 0 - 14 years exp. (3 salaries)	₹8 L/yr - ₹17.6 L/yr 45% more
HSBC Global Banking and Markets Deputy Manager Salary 3 - 6 years exp. (4 salaries)	₹8.3 L/yr - ₹16.8 L/yr 63% more

Deputy Manager salary at Federal Bank ranges between ₹6.6 Lakhs to ₹13.4 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Deputy Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.9 L/yr - ₹13.8 L/yr
1 year (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
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2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
4 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
6 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹12.1 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.6 L/yr

View all

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Salary related reviews for Federal Bank

Rated by 1 employees for salary & benefits

Branch Manager in New Delhi

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.

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.

Senior Manager in Ernakulam

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.

Salary - Excellent

+5 more

Dislikes

The promotion process is subject to bias. Hands on training for new recruits can be improved.

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

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Federal Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Federal Bank ?

The average salary of a Deputy Manager at Federal Bank in India typically ranges from ₹6.6 Lakhs to ₹13.4 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Deputy Manager at Federal Bank earn more than ₹13.4 Lakhs per year, and the top 1% earn over ₹13.8 Lakhs per year. Deputy Manager 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 6 Federal Bank employees in India.

What is the estimated take home salary of a Deputy Manager at Federal Bank in India?

The estimated take-home salary of a Deputy Manager at Federal Bank in India typically ranges from ₹55,459 to ₹56,847 per month. This is based on the average salary range of ₹6.6 Lakhs to ₹13.4 Lakhs per year for employees with experience ranging from Fresher to 7 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 6 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 Deputy Manager in India?

HSBC Global Banking and Markets	₹8.3 Lakhs to ₹16.8 Lakhs per year
Union Bank of India	₹9.0 Lakhs to ₹16.0 Lakhs per year
Canara Bank	₹8.0 Lakhs to ₹17.6 Lakhs per year
City Union Bank	₹6.0 Lakhs to ₹14.3 Lakhs per year
Shinhan Bank	₹4.8 Lakhs to ₹15.0 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 Deputy Manager in companies similar to Federal Bank in India?

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

Utkarsh Small Finance Bank	₹4.1 Lakhs to ₹9.5 Lakhs per year
ICICI Bank	₹2.5 Lakhs to ₹11.0 Lakhs per year
Karur Vysya Bank	₹2.5 Lakhs to ₹10.0 Lakhs per year
Axis Bank	₹2.0 Lakhs to ₹9.0 Lakhs per year
Standard Chartered	₹3.8 Lakhs to ₹8.0 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 Deputy Manager at Federal Bank in India?

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

Experience	Average Salary Range
Fresher	₹3.9 Lakhs to ₹13.8 Lakhs per year
1 year	₹8.3 Lakhs to ₹10.6 Lakhs per year
2 years	₹3.5 Lakhs to ₹10.0 Lakhs per year
3 years	₹7.4 Lakhs to ₹9.5 Lakhs per year

and so on.

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Federal Bank Deputy Manager Salaries

Federal Bank Deputy Manager salary in India ranges between ₹6.6 Lakhs to ₹13.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Federal Bank latest salaries received from various employees of Federal Bank.