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Federal Bank Manager Scale II salaries in India

Annual salary range
4 - 8 years exp.
₹6.2 Lakhs - ₹22.2 Lakhs
Salary of majority employees
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17% more than the average Manager Scale II Salary in Banking Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Scale II Salary
5 - 7 years exp. (8 salaries)
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₹6.8 L/yr - ₹18.3 L/yr

Customer Success, Service & Operations
Manager Scale II Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹14.6 L/yr - ₹16 L/yr

Last Updated: 19 Sep 2024

Companies similar to Federal Bank for Manager Scale II

Company name Avg Annual Salary Open Jobs
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DBS Bank Manager Scale II Salary

10 - 17 years exp. (4 salaries)

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₹8 L/yr - ₹8.5 L/yr

arrow icon 44% less
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Karur Vysya Bank Manager Scale II Salary

6 - 13 years exp. (14 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 31% less
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Canara Bank Manager Scale II Salary

5 - 10 years exp. (5 salaries)

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₹7.5 L/yr - ₹15 L/yr

arrow icon 1% less
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Union Bank of India Manager Scale II Salary

2 - 10 years exp. (5 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 35% less
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City Union Bank Manager Scale II Salary

8 - 25 years exp. (5 salaries)

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₹12 L/yr - ₹15.1 L/yr

arrow icon 9% less
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UCO Bank Manager Scale II Salary

3 - 8 years exp. (5 salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 40% less
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IDBI Bank Manager Scale II Salary

10 - 12 years exp. (3 salaries)

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₹7 L/yr - ₹23 L/yr

arrow icon 2% more
Manager Scale II salary at Federal Bank ranges between ₹6.2 Lakhs to ₹22.2 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 14 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Manager Scale II

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7 years exp.
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6 years exp.
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5 years exp.
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4 years exp.
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6 years exp.
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8 years exp.
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7 years exp.

Experience wise Federal Bank Manager Scale II salaries

Last Updated: 19 Sep 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹14 L/yr - ₹26.2 L/yr
5 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹18.3 L/yr
6 years  (5 salaries)

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₹6.5 L/yr - ₹18.3 L/yr
7 years  (4 salaries)

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₹11 L/yr - ₹22.2 L/yr
8 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹18 L/yr

Similar Designation salaries in Federal Bank

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₹2 L/yr - ₹4.5 L/yr
Credit Manager Salary
(87 salaries)
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₹10 L/yr - ₹20 L/yr
Credit Analyst Salary
(73 salaries)
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₹8 L/yr - ₹20 L/yr
Branch Manager Salary
(46 salaries)
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₹8.1 L/yr - ₹22 L/yr
Branch Head Salary
(44 salaries)
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₹7.7 L/yr - ₹20 L/yr
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₹12 L/yr - ₹26 L/yr
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₹7.5 L/yr - ₹14.4 L/yr
Credit Officer Salary
(22 salaries)
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₹5.16 L/yr - ₹16 L/yr
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₹14 L/yr - ₹22 L/yr
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₹16 L/yr - ₹24 L/yr

Salary related reviews for Federal Bank

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

 · 

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

 · 

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 Manager Scale II Salary FAQs

What is the salary of Manager Scale II at Federal Bank?
Manager Scale II salary at Federal Bank in India ranges between ₹6.2 Lakhs to ₹22.2 Lakhs for experience between 4 years to 8 years. According to our estimates it is 17% more than the average Manager Scale II Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Federal Bank India.
How does the salary of a Manager Scale II at Federal Bank India compare with the average salary range for this job?
The average salary of a Manager Scale II at Federal Bank is 17% more than the average salary of a Manager Scale II in India. To know exact salary insights, login to view.
Which similar companies are paying more than Federal Bank to a Manager Scale II in India?
  • IDBI Bank Manager Scale II Salary - ₹7.0 Lakhs to ₹23.0 Lakhs per year
What is the salary of a Manager Scale II in companies similar to Federal Bank in India?
  • Canara Bank Manager Scale II Salary - ₹7.5 Lakhs to ₹15.0 Lakhs per year
  • City Union Bank Manager Scale II Salary - ₹12.0 Lakhs to ₹15.1 Lakhs per year
  • Karur Vysya Bank Manager Scale II Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
  • Union Bank of India Manager Scale II Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
  • UCO Bank Manager Scale II Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
What is the estimated take home salary of a Manager Scale II at Federal Bank in India?
The estimated take-home salary of a Manager Scale II at Federal Bank ranges between ₹1,01,802 per month to ₹1,04,581 per month in India. The take-home salary calculation is based on the average Federal Bank Manager Scale II salary in India which ranges between ₹6.2 Lakhs to ₹22.2 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Manager Scale II at Federal Bank?
According to AmbitionBox, 67% of the Federal Bank Manager Scale IIs reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Manager Scale II salary in India ranges between ₹6.2 Lakhs to ₹22.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Federal Bank latest salaries received from various employees of Federal Bank.