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Federal Bank Manager II salaries in Mumbai

Annual salary range
4 - 8 years exp.
₹12.6 Lakhs - ₹16.1 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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Last Updated: 24 May 2024

Companies similar to Federal Bank for Manager II in Mumbai

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Federal Bank Manager II Salary

4 - 8 years exp. (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Manager II Salary

2 - 16 years exp. (144 salaries)

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₹8.5 L/yr - ₹24.7 L/yr

arrow icon 19% more
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Kotak Mahindra Bank Manager II Salary

9 - 11 years exp. (4 salaries)

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₹6.5 L/yr - ₹8 L/yr

arrow icon 49% less
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Axis Bank Manager II Salary

6 - 13 years exp. (4 salaries)

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₹7.2 L/yr - ₹13 L/yr

arrow icon 35% less
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₹8 L/yr - ₹13.7 L/yr

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35 job openings
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Sun Pharmaceutical Industries Manager II Salary

3 - 15 years exp. (15 salaries)

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₹7.2 L/yr - ₹13.5 L/yr

arrow icon 21% less
1 job opening
Manager II salary at Federal Bank ranges between ₹12.6 Lakhs to ₹16.1 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Federal Bank.

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Salary related reviews for Federal Bank

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

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.

read more
  • Salary - Good
  • +1 more

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.

read more
  • Skill development - Bad
  • +2 more

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
  • Job security - Good

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.

read more
  • Skill development - Bad
  • +4 more

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

  • Job security - Good

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.

read more
  • Skill development - Bad
  • +4 more

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.

  • Salary - Good
  • +1 more

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.

read more
  • Skill development - Bad
  • +1 more
see more salary related reviews

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Federal Bank Manager II Salary FAQs

How the salary growth look like for a Manager II at Federal Bank in Mumbai?
The salary growth for a Manager II at Federal Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager II in Mumbai can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
4 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
8 years ₹16.2 Lakhs to ₹20.7 Lakhs per year
and so on.

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Federal Bank Manager II salary in Mumbai ranges between ₹12.6 Lakhs to ₹16.1 Lakhs. This is an estimate based on latest salaries received from employees of Federal Bank.