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Federal Bank Manager Scale II salaries in New Delhi

Annual salary range
5 - 7 years exp.
₹14.5 Lakhs - ₹14.8 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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5% more than the average Manager Scale II Salary in Banking Companies for 5 - 7 years of experience

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Last Updated: 19 Sep 2024

Manager Scale II salary at Federal Bank ranges between ₹14.5 Lakhs to ₹14.8 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Manager Scale II in New Delhi

3mo ago
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7 years exp.
1y ago
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6 years exp.
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5 years exp.

Experience wise Federal Bank Manager Scale II salaries in New Delhi

Last Updated: 19 Sep 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹26.3 L/yr
6 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹26.4 L/yr
7 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹26.6 L/yr

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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

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,

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

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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

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

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

2.0
  •  posted on 19 Apr 2024

4.0
 for  Salary and Benefits

Likes

Salary is very good, job security and culture is better than other private banks

read more

Dislikes

Won’t get transfers easily, some managers can be very disrespectful. No work life balance especially when it comes to leaves for personal needs

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Federal Bank Manager Scale II Salary FAQs

What is the notice period for Manager Scale II at Federal Bank in New Delhi?
According to AmbitionBox, 100% of the Federal Bank Manager Scale IIs in New Delhi reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Federal Bank Manager Scale II salary in New Delhi ranges between ₹14.5 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Federal Bank latest salaries received from various employees of Federal Bank.