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Federal Bank Manager II salaries in India

Annual salary range
4 - 10 years exp.
₹10 Lakhs - ₹21 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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26% less than the average Manager II Salary in Banking Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager II Salary
10 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹15.4 L/yr

Product Management
Manager II Salary
4 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹11 L/yr

Last Updated: 12 Jul 2024

Companies similar to Federal Bank for Manager II

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

3 - 11 years exp. (9 salaries)

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₹5 L/yr - ₹11.1 L/yr

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ICICI Bank Manager II Salary

3 - 16 years exp. (374 salaries)

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₹8.5 L/yr - ₹26.2 L/yr

arrow icon 9% more
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Axis Bank Manager II Salary

6 - 13 years exp. (8 salaries)

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₹7.2 L/yr - ₹13 L/yr

arrow icon 43% less
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Kotak Mahindra Bank Manager II Salary

4 - 14 years exp. (15 salaries)

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₹5.5 L/yr - ₹8.8 L/yr

arrow icon 55% less
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IndusInd Bank Manager II Salary

3 - 15 years exp. (5 salaries)

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₹4.2 L/yr - ₹9.6 L/yr

arrow icon 53% less
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Yes Bank Manager II Salary

5 - 9 years exp. (4 salaries)

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₹5.6 L/yr - ₹7.9 L/yr

arrow icon 53% less
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IDFC FIRST Bank Manager II Salary

1 - 12 years exp. (5 salaries)

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₹5.3 L/yr - ₹8.5 L/yr

arrow icon 53% less
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Bandhan Bank Manager II Salary

9 - 16 years exp. (5 salaries)

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₹6.5 L/yr - ₹11 L/yr

arrow icon 39% less
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Karur Vysya Bank Manager II Salary

9 - 15 years exp. (7 salaries)

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₹6.4 L/yr - ₹18 L/yr

arrow icon 15% less
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IDBI Bank Manager II Salary

5 - 15 years exp. (6 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 7% less
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Canara Bank Manager II Salary

4 - 12 years exp. (5 salaries)

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₹14 L/yr - ₹20 L/yr

arrow icon 6% more
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Central Bank of India Manager II Salary

7 - 8 years exp. (4 salaries)

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₹14 L/yr - ₹17 L/yr

arrow icon 4% more
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Union Bank of India Manager II Salary

5 - 7 years exp. (4 salaries)

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₹10.3 L/yr - ₹17 L/yr

arrow icon 15% less
Manager II salary at Federal Bank ranges between ₹10 Lakhs to ₹21 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Manager II

5mo ago
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9 years exp.
6mo ago
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4 years exp.
1y ago
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10 years exp.
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8 years exp.

Experience wise Federal Bank Manager II salaries

Last Updated: 12 Jul 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹10 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹14.6 L/yr
6 years (AmbitionBox Estimate)

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₹12.4 L/yr - ₹15.9 L/yr
7 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.2 L/yr
8 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹18 L/yr
View all

Similar Designation salaries in Federal Bank

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₹5.94 L/yr - ₹15.1 L/yr
Officer Salary
(149 salaries)
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₹4.8 L/yr - ₹16 L/yr
Clerk Salary
(77 salaries)
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₹4 L/yr - ₹8.5 L/yr
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₹20 L/yr - ₹36 L/yr
Junior Officer Salary
(39 salaries)
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₹7 L/yr - ₹13 L/yr
Sales Executive Salary
(35 salaries)
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₹1.9 L/yr - ₹3.5 L/yr
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₹2.61 L/yr - ₹5 L/yr
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₹7.5 L/yr - ₹14 L/yr
Product Manager Salary
(22 salaries)
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₹12 L/yr - ₹22 L/yr
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₹1.2 L/yr - ₹4.5 L/yr

Salary related reviews for Federal Bank

5.0

Rated by 1 employees for salary & benefits

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

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Oct 2023

4.0
 for  Salary and Benefits

Likes

It will pay you well but at the same time you won't be having time to spend that money.

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Dislikes

As mentioned, there is no work life balance. You will be having plenty of unused leaves. But still you will not be allowed to take one. Due to shortage of working staff, you will be overburdened. Sales pressure will be there.

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 06 Apr 2023

3.0
 for  Salary and Benefits

Likes

If you are lucky enough you will get to work with a very good set of colleagues who will be like family and will extend help in all possible ways. But this experience varies from branch to brach. Don't expect it beforehand

read more

Dislikes

...e work pressure with no appraisal or appreciation. Terrible in case of postings. Will make you work 10-12 hrs a day with same salary and increasing targets.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 02 Jul 2023

3.0
 for  Salary and Benefits

Likes

There is nothing much to like about the work

Dislikes

...from the branch head will be a big task. We need to beg them for own own leave. There is no growth, just as a fresher the salary is good and freshers do come looking for the salary, but there is no career growth or future in the role. There will be so much of pressure from higher authorities to achieve the targets. Whatever it is always number matters . People do forget that there are other banks where the competition is very high. There is no work life balance too There is always pressure from higher authorities rather even they could put their efforts to achieve their targets Bank employees should beg the customers for loan , insurance . Pls change the culture of banking.. Worst culture and i could also give negative ratings if there was so.

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Full Time

 · 

Branch Banking Department

2.0
  •  posted on 17 Dec 2022

4.0
 for  Salary and Benefits

Likes

+ Salary is higher than the competitors. + Job Security.

Dislikes

+ Company culture is not progressive. + HR policies are not complied with at the branch level. + Job description doesn't match with the responsibilities in reality. + Reporting managers verbally abuses if assigned daily targets aren't met. + Should sell Ageas Federal insurance policies monthly. + Inefficient Sales funnel & poorly equipped functional strategy.

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Federal Bank Manager II Salary FAQs

What is the salary of Manager II at Federal Bank?
Manager II salary at Federal Bank in India ranges between ₹10.0 Lakhs to ₹21.0 Lakhs for experience between 4 years to 10 years. According to our estimates it is 26% less than the average Manager II Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank India.
How does the salary of a Manager II at Federal Bank India compare with the average salary range for this job?
The average salary of a Manager II at Federal Bank is 26% less than the average salary of a Manager II in India. To know exact salary insights, login to view.
Which similar companies are paying more than Federal Bank to a Manager II in India?
  • ICICI Bank Manager II Salary - ₹8.5 Lakhs to ₹26.2 Lakhs per year
  • Canara Bank Manager II Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
  • Central Bank of India Manager II Salary - ₹14.0 Lakhs to ₹17.0 Lakhs per year
What is the salary of a Manager II in companies similar to Federal Bank in India?
  • IDBI Bank Manager II Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
  • Union Bank of India Manager II Salary - ₹10.3 Lakhs to ₹17.0 Lakhs per year
  • Karur Vysya Bank Manager II Salary - ₹6.4 Lakhs to ₹18.0 Lakhs per year
  • HDFC Bank Manager II Salary - ₹5.0 Lakhs to ₹11.1 Lakhs per year
  • Bandhan Bank Manager II Salary - ₹6.5 Lakhs to ₹11.0 Lakhs per year
What is the estimated take home salary of a Manager II at Federal Bank in India?
The estimated take-home salary of a Manager II at Federal Bank ranges between ₹1,03,309 per month to ₹1,06,137 per month in India. The take-home salary calculation is based on the average Federal Bank Manager II salary in India which ranges between ₹10.0 Lakhs to ₹21.0 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Manager II at Federal Bank?
According to AmbitionBox, 80% of the Federal Bank Manager IIs reported a notice period of 3 Months, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Manager II salary in India ranges between ₹10 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Federal Bank latest salaries received from various employees of Federal Bank.