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Federal Bank Manager salaries in Chennai

Annual salary range
3 - 12 years exp.
₹9 Lakhs - ₹23 Lakhs
Salary of majority employees
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5% less than the average Manager Salary in Banking Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
4 - 12 years exp. (21 salaries)
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₹9.2 L/yr - ₹23 L/yr

Customer Success, Service & Operations
Manager Salary
8 - 11 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹16.9 L/yr

Finance & Accounting
Manager Salary
3 - 11 years exp. (AmbitionBox Estimate)
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₹16 L/yr - ₹22 L/yr

Risk Management & Compliance
Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹17 L/yr

Last Updated: 18 Feb 2025

Companies similar to Federal Bank for Manager in Chennai

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Federal Bank Manager Salary

3 - 12 years exp. (32 salaries)

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₹9 L/yr - ₹23 L/yr

vs
Company name Avg Annual Salary Open Jobs
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State Bank of India Manager Salary

6 - 15 years exp. (44 salaries)

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₹11 L/yr - ₹30 L/yr

arrow icon 37% more
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ICICI Bank Manager Salary

0 - 18 years exp. (196 salaries)

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₹5.1 L/yr - ₹20 L/yr

arrow icon 30% less
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HDFC Bank Manager Salary

0 - 19 years exp. (1k salaries)

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₹4.1 L/yr - ₹13.2 L/yr

arrow icon 44% less
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Axis Bank Manager Salary

0 - 18 years exp. (396 salaries)

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₹4 L/yr - ₹15.6 L/yr

arrow icon 41% less
2 job openings
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Kotak Mahindra Bank Manager Salary

0 - 15 years exp. (283 salaries)

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₹3 L/yr - ₹13.4 L/yr

arrow icon 51% less
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IndusInd Bank Manager Salary

0 - 16 years exp. (273 salaries)

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₹3.2 L/yr - ₹11.5 L/yr

arrow icon 55% less
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Yes Bank Manager Salary

2 - 17 years exp. (226 salaries)

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₹4.5 L/yr - ₹14.4 L/yr

arrow icon 47% less
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Punjab National Bank Manager Salary

4 - 11 years exp. (8 salaries)

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₹7.8 L/yr - ₹20.5 L/yr

arrow icon 8% less
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Bank of Baroda Manager Salary

5 - 14 years exp. (30 salaries)

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₹7.5 L/yr - ₹23.5 L/yr

arrow icon 14% more
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Canara Bank Manager Salary

5 - 13 years exp. (29 salaries)

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₹8.4 L/yr - ₹19 L/yr

arrow icon 3% less
View all
Manager salary at Federal Bank ranges between ₹9 Lakhs to ₹23 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 32 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Manager in Chennai

6d ago
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11 years exp.
1w ago
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3 years exp.
3w ago
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6 years exp.
1mo ago
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6 years exp.
5mo ago
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11 years exp.
5mo ago
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12 years exp.
5mo ago
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9 years exp.
7mo ago
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8 years exp.
11mo ago
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11 years exp.
1y ago
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4 years exp.

Experience wise Federal Bank Manager salaries in Chennai

Last Updated: 18 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹16 L/yr
4 years  (3 salaries)

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₹9.2 L/yr - ₹27.6 L/yr
5 years (AmbitionBox Estimate)

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₹12.5 L/yr - ₹28 L/yr
6 years  (7 salaries)

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₹10 L/yr - ₹19 L/yr
7 years  (3 salaries)

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₹9 L/yr - ₹28.6 L/yr
View all
Federal Bank Manager Salary and Career Growth

From

To

Manager

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3 - 12 years exp.

Associate Vice President

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7 - 15 years exp.

Manager 3 - 12 years exp.
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Senior Manager 6 - 14 years exp.
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arrow icon 45% hike
    Associate Vice President 7 - 15 years exp.
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    arrow icon 16% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Federal Bank

    Credit Manager Salary
    (11 salaries)
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    ₹10 L/yr - ₹20 L/yr

    Salary related reviews for Federal Bank

    2.0

    Rated by 3 employees for salary & benefits

    Full Time

     · 

    BFSI, Investments & Trading Department

    5.0
      •  posted on 08 Sep 2023

    4.0
     for  Salary and Benefits

    Likes

    Good environment Cooperative department's Good salary A good amount of learning .

    read more
    • Salary - Good
    • +2 more

    Dislikes

    Late promotions Too much politics Gender biased in transfers(best place to work for women) Promotions only to those sitting in zonal offices and department's Branches are only to expolit and sending mails no support

    read more
    • Promotions - Poor

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 17 Jul 2023

    5.0
     for  Salary and Benefits

    Likes

    Government pay structure and perks and benefits

    • Salary - Excellent
    • +1 more

    Dislikes

    All the banks in today's time are working as a insurance company and employees are working as agents. Federal bank was the best place to work when i joined but nowadays it is horrible working culture. Late sittings, selling insurance is a daily practice. Unrealistic targets for such a small work force is a new start.l

    read more
    • Work satisfaction - Poor

    Finance & Accounting Department

    1.0
      •  posted on 12 Apr 2021

    3.0
     for  Salary and Benefits

    Likes

    Nothing as such. Seniors are bad and management is not at all transparent. Company HR policies are among the worst in industry.

    read more

    Dislikes

    There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is extremely slow. Seniors are only there to misbehave and abuse, not to help you. There's a lot of back stabbing going on there.

    read more
    • Skill development - Bad
    • +4 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
    see more salary related reviews

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    Federal Bank Manager Salary FAQs

    What is the salary of Manager at Federal Bank Chennai?
    Manager salary at Federal Bank in Chennai ranges between ₹9.0 Lakhs to ₹23.0 Lakhs for experience between 3 years to 12 years. According to our estimates it is 5% less than the average Manager Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Federal Bank Chennai.
    How does the salary of a Manager at Federal Bank Chennai compare with the average salary range for this job?
    The average salary of a Manager at Federal Bank is 5% less than the average salary of a Manager in Chennai. To know exact salary insights, login to view.
    Which similar companies are paying more than Federal Bank to a Manager in Chennai?
    • State Bank of India Manager Salary - ₹11.0 Lakhs to ₹30.0 Lakhs per year
    • IDBI Bank Manager Salary - ₹9.7 Lakhs to ₹25.0 Lakhs per year
    • Bank of Baroda Manager Salary - ₹7.5 Lakhs to ₹23.5 Lakhs per year
    • Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹24.5 Lakhs per year
    What is the salary of a Manager in companies similar to Federal Bank in Chennai?
    • Canara Bank Manager Salary - ₹8.4 Lakhs to ₹19.0 Lakhs per year
    • Karur Vysya Bank Manager Salary - ₹6.9 Lakhs to ₹22.0 Lakhs per year
    • Indian Bank Manager Salary - ₹6.8 Lakhs to ₹21.0 Lakhs per year
    • Indian Overseas Bank Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
    • Punjab National Bank Manager Salary - ₹7.8 Lakhs to ₹20.5 Lakhs per year
    What is the estimated take home salary of a Manager at Federal Bank in Chennai?
    The estimated take-home salary of a Manager at Federal Bank ranges between ₹1,09,272 per month to ₹1,12,293 per month in Chennai. The take-home salary calculation is based on the average Federal Bank Manager salary in India which ranges between ₹9.0 Lakhs to ₹23.0 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?
    What is the notice period for Manager at Federal Bank in Chennai?
    According to AmbitionBox, 75% of the Federal Bank Managers in Chennai reported a notice period of 3 Months, 13% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Federal Bank Manager salary in Chennai ranges between ₹9 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 Federal Bank latest salaries received from various employees of Federal Bank.