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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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Annual salary range
4 - 11 years exp.
₹9
Lakhs - ₹16
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary24% less than the average IT Manager Salary in Banking Companies for 4 - 11 years of experience
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Salaries in different departments
Engineering - Software & QA
IT Manager Salary
4
years
exp.
(AmbitionBox Estimate)
|  ₹14.4 L/yr - ₹17.6 L/yr |
Login to view exact salary
| |
IT & Information Security
IT Manager Salary
8
years
exp.
(AmbitionBox Estimate)
| ₹11.9 L/yr - ₹14.6 L/yr |
Companies similar to Federal Bank for IT Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 HDFC Bank IT Manager Salary
1 - 11 years exp. (109 salaries) | ₹6.7 L/yr - ₹20 L/yr 
13%
more | |
 ICICI Bank IT Manager Salary
6 - 14 years exp. (25 salaries) | ₹8.3 L/yr - ₹21.9 L/yr
21%
more | |
Login to view exact salary
| ||
 Axis Bank IT Manager Salary
1 - 12 years exp. (70 salaries) | ₹10 L/yr - ₹18 L/yr
36%
more | |
 State Bank of India IT Manager Salary
8 - 16 years exp. (8 salaries) | ₹15 L/yr - ₹22 L/yr
88%
more | |
 Kotak Mahindra Bank IT Manager Salary
5 - 11 years exp. (16 salaries) | ₹6.4 L/yr - ₹18.5 L/yr
10%
more | |
 IndusInd Bank IT Manager Salary
5 - 12 years exp. (31 salaries) | ₹5.2 L/yr - ₹22.5 L/yr
22%
more | 3 job openings |
 Yes Bank IT Manager Salary
1 - 7 years exp. (5 salaries) | ₹8.8 L/yr - ₹17.1 L/yr
61%
more | |
 IDFC FIRST Bank IT Manager Salary
4 - 14 years exp. (21 salaries) | ₹6.1 L/yr - ₹19.5 L/yr
22%
more | |
 RBL Bank IT Manager Salary
2 - 9 years exp. (53 salaries) | ₹4.3 L/yr - ₹15.5 L/yr
2%
more | 1 job opening |
 Bandhan Bank IT Manager Salary
6 - 10 years exp. (17 salaries) | ₹3 L/yr - ₹11 L/yr 
34%
less | |
 Canara Bank IT Manager Salary
5 - 12 years exp. (27 salaries) | ₹9 L/yr - ₹22 L/yr
51%
more | |
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| ||
 Utkarsh Small Finance Bank IT Manager Salary
7 - 14 years exp. (15 salaries) | ₹6.2 L/yr - ₹13.3 L/yr
12%
less | |
 Central Bank of India IT Manager Salary
1 - 14 years exp. (12 salaries) | ₹8 L/yr - ₹17.3 L/yr
18%
more | |
 IDBI Bank IT Manager Salary
3 - 10 years exp. (9 salaries) | ₹12 L/yr - ₹22 L/yr
64%
more | |
 Union Bank of India IT Manager Salary
5 - 10 years exp. (8 salaries) | ₹8.4 L/yr - ₹14 L/yr
12%
less | |
 Ujjivan Small Finance Bank IT Manager Salary
3 - 14 years exp. (5 salaries) | ₹8.4 L/yr - ₹18.4 L/yr
39%
more | |
 Karur Vysya Bank IT Manager Salary
10 - 13 years exp. (6 salaries) | ₹10 L/yr - ₹13 L/yr
13%
more | |
 UCO Bank IT Manager Salary
6 - 9 years exp. (5 salaries) | ₹8.5 L/yr - ₹14 L/yr
2%
more | |
 J&K Bank IT Manager Salary
8 - 20 years exp. (4 salaries) | ₹4.4 L/yr - ₹15 L/yr At par | |
 City Union Bank IT Manager Salary
14 - 16 years exp. (3 salaries) | ₹13.5 L/yr - ₹17.2 L/yr
44%
more | |
IT Manager salary at Federal Bank ranges between ₹9
Lakhs
to ₹16
Lakhs
per year for employees with experience between 4 years to 11 years. Salary
estimates are based on
4 latest salaries received
from various employees of Federal Bank.
Latest annual salaries shared by Federal Bank IT Manager
3d ago
4
years
exp.
1y ago
8
years
exp.
1y ago
11
years
exp.
Experience wise Federal Bank IT Manager salaries
Last Updated: 2 Jan 2025
| Experience | Avg Annual Salary |
|---|---|
| 8 years (AmbitionBox Estimate) |
₹10.7
L/yr
- ₹13.7
L/yr
|
Login to view exact salary
| |
| 9 years (AmbitionBox Estimate) |
₹8.1
L/yr
- ₹10.3
L/yr
|
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2w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Federal Bank IT Manager Salary FAQs
What is the salary of IT Manager at Federal Bank?
IT Manager salary at Federal Bank in India ranges between ₹9.0 Lakhs to ₹16.0 Lakhs for experience between 4 years to 11 years. According to our estimates it is 24% less than the average IT Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank India.
How does the salary of a IT Manager at Federal Bank India compare with the average salary range for this job?
The average salary of a IT Manager at Federal Bank is 24% less than the average salary of a IT Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Federal Bank to a IT Manager in India?
- State Bank of India IT Manager Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
- IDBI Bank IT Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
- Yes Bank IT Manager Salary - ₹8.8 Lakhs to ₹17.1 Lakhs per year
- Canara Bank IT Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
- City Union Bank IT Manager Salary - ₹13.5 Lakhs to ₹17.2 Lakhs per year
What is the salary of a IT Manager in companies similar to Federal Bank in India?
- Ujjivan Small Finance Bank IT Manager Salary - ₹8.4 Lakhs to ₹18.4 Lakhs per year
- Axis Bank IT Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
- IndusInd Bank IT Manager Salary - ₹5.2 Lakhs to ₹22.5 Lakhs per year
- IDFC FIRST Bank IT Manager Salary - ₹6.1 Lakhs to ₹19.5 Lakhs per year
- ICICI Bank IT Manager Salary - ₹8.3 Lakhs to ₹21.9 Lakhs per year
What is the estimated take home salary of a IT Manager at Federal Bank in India?
The estimated take-home salary of a IT Manager at Federal Bank ranges between ₹75,137 per month to ₹77,083 per month in India. The take-home salary calculation is based on the average Federal Bank IT Manager salary in India which ranges between ₹9.0 Lakhs to ₹16.0 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?
What is the notice period for IT Manager at Federal Bank?
According to AmbitionBox, 100% of the Federal Bank IT Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.
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Federal Bank IT Manager Salaries by Location
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Federal Bank IT Manager salary
in
India
ranges between ₹9
Lakhs to ₹16
Lakhs with an average annual salary of
₹. Salary estimates are based on
4
Federal Bank latest salaries received from various employees of
Federal Bank.