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Federal Bank Finance Manager salaries in India

Annual salary range
1 - 4 years exp.
₹3.8 Lakhs - ₹16.6 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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42% less than the average Finance Manager Salary in Banking Companies for 1 - 4 years of experience

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Last Updated: 17 Feb 2024

Companies similar to Federal Bank for Finance Manager

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

0 - 8 years exp. (36 salaries)

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₹2.4 L/yr - ₹6.2 L/yr

arrow icon 42% less
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ICICI Bank Finance Manager Salary

0 - 5 years exp. (71 salaries)

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₹8.4 L/yr - ₹16 L/yr

arrow icon 6% less
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Axis Bank Finance Manager Salary

0 - 8 years exp. (12 salaries)

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₹2.3 L/yr - ₹7.6 L/yr

arrow icon 56% less
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State Bank of India Finance Manager Salary

0 - 2 years exp. (4 salaries)

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₹0.4 L/yr - ₹4.5 L/yr

arrow icon 76% less
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Kotak Mahindra Bank Finance Manager Salary

0 - 12 years exp. (20 salaries)

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₹2.6 L/yr - ₹10.1 L/yr

arrow icon 42% less
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IndusInd Bank Finance Manager Salary

1 - 15 years exp. (23 salaries)

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₹2.5 L/yr - ₹5.6 L/yr

arrow icon 63% less
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Yes Bank Finance Manager Salary

1 - 11 years exp. (7 salaries)

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₹6.2 L/yr - ₹15.5 L/yr

arrow icon 13% less
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IDFC FIRST Bank Finance Manager Salary

3 - 10 years exp. (14 salaries)

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₹1.6 L/yr - ₹8.4 L/yr

arrow icon 66% less
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Standard Chartered Finance Manager Salary

3 - 14 years exp. (25 salaries)

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₹9.8 L/yr - ₹33 L/yr

arrow icon 137% more
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Jana Small Finance Bank Finance Manager Salary

2 - 10 years exp. (16 salaries)

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₹2 L/yr - ₹7.4 L/yr

arrow icon 58% less
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₹2 L/yr - ₹3 L/yr

arrow icon 73% less
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Canara Bank Finance Manager Salary

7 - 11 years exp. (6 salaries)

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₹12 L/yr - ₹16 L/yr

arrow icon 60% more
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₹5.8 L/yr - ₹14.7 L/yr

arrow icon 3% more
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IDBI Bank Finance Manager Salary

3 - 12 years exp. (4 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 43% more
Finance Manager salary at Federal Bank ranges between ₹3.8 Lakhs to ₹16.6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Finance Manager

10mo ago
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1 year exp.
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1 year exp.
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1 year exp.

Experience wise Federal Bank Finance Manager salaries

Last Updated: 17 Feb 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹10.2 L/yr - ₹20 L/yr
2 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
3 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹3.8 L/yr

Similar Designation salaries in Federal Bank

Branch Manager Salary
(47 salaries)
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₹8.2 L/yr - ₹22 L/yr
Sales Manager Salary
(12 salaries)
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₹4.5 L/yr - ₹6.6 L/yr
Credit Manager Salary
(87 salaries)
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₹10 L/yr - ₹20 L/yr
Deputy Manager Salary
(6 salaries)
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₹6.55 L/yr - ₹13.42 L/yr
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₹7 L/yr - ₹14 L/yr
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₹2 L/yr - ₹4 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹5.7 L/yr - ₹8 L/yr
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₹4 L/yr - ₹15 L/yr
Branch Head Salary
(45 salaries)
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₹7.25 L/yr - ₹20 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 Finance Manager Salary FAQs

What is the salary of Finance Manager at Federal Bank ?
The average salary of a Finance Manager at Federal Bank in India typically ranges from ₹3.8 Lakhs to ₹16.6 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Finance Manager at Federal Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Finance 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 4 Federal Bank employees in India.
What is the estimated take home salary of a Finance Manager at Federal Bank in India?
The estimated take-home salary of a Finance Manager at Federal Bank in India typically ranges from ₹71,876 to ₹73,728 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹16.6 Lakhs per year for employees with experience ranging from 1 year to 4 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 4 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 Finance Manager in India?
Standard Chartered ₹9.8 Lakhs to ₹33.0 Lakhs per year
Canara Bank ₹12.0 Lakhs to ₹16.0 Lakhs per year
IDBI Bank ₹6.0 Lakhs to ₹19.0 Lakhs per year
Ujjivan Small Finance Bank ₹5.8 Lakhs to ₹14.7 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 Finance Manager in companies similar to Federal Bank in India?
The salary of a Finance Manager at companies similar to Federal Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹8.4 Lakhs to ₹16.0 Lakhs per year
Yes Bank ₹6.2 Lakhs to ₹15.5 Lakhs per year
HDFC Bank ₹2.4 Lakhs to ₹6.2 Lakhs per year
Kotak Mahindra Bank ₹2.6 Lakhs to ₹10.1 Lakhs per year
Axis Bank ₹2.3 Lakhs to ₹7.6 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 Finance Manager at Federal Bank in India?
The salary growth for a Finance Manager at Federal Bank depends on factors such as experience, performance, and promotions. On average, a Finance Manager can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
1 year ₹10.2 Lakhs to ₹20.0 Lakhs per year
2 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
3 years ₹6.7 Lakhs to ₹8.6 Lakhs per year
4 years ₹3.8 Lakhs to ₹3.8 Lakhs per year
and so on.

Tell us how to improve this page.

Federal Bank Finance Manager salary in India ranges between ₹3.8 Lakhs to ₹16.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Federal Bank latest salaries received from various employees of Federal Bank.