Federal Bank Chennai Manager Salaries by 30+ Employees (Updated 2024)

4 - 12 years exp.

₹9 Lakhs - ₹22 Lakhs

Salary of majority employees

At par with the average Manager Salary in Banking Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 - 12 years exp. (20 salaries)	₹9.2 L/yr - ₹19 L/yr
Customer Success, Service & Operations Manager Salary 8 - 11 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹17.7 L/yr
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Finance & Accounting Manager Salary 11 years exp. (AmbitionBox Estimate)	₹16.5 L/yr - ₹22 L/yr
Risk Management & Compliance Manager Salary 7 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹18 L/yr

Last Updated: 12 Sep 2024

Companies similar to Federal Bank for Manager in Chennai

Federal Bank Manager Salary

4 - 12 years exp. (30 salaries)

₹9 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Manager Salary 6 - 15 years exp. (44 salaries)	₹11 L/yr - ₹30 L/yr 35% more
ICICI Bank Manager Salary 0 - 18 years exp. (202 salaries)	₹5.5 L/yr - ₹20 L/yr 31% less
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HDFC Bank Manager Salary 0 - 18 years exp. (1k salaries)	₹4.1 L/yr - ₹15 L/yr 46% less	1 job opening
Axis Bank Manager Salary 0 - 18 years exp. (388 salaries)	₹4 L/yr - ₹15.6 L/yr 42% less
Kotak Mahindra Bank Manager Salary 0 - 15 years exp. (279 salaries)	₹2.7 L/yr - ₹11 L/yr 55% less
IndusInd Bank Manager Salary 0 - 16 years exp. (264 salaries)	₹3 L/yr - ₹11.5 L/yr 56% less	1 job opening
Yes Bank Manager Salary 2 - 16 years exp. (221 salaries)	₹4.5 L/yr - ₹14.4 L/yr 48% less
Punjab National Bank Manager Salary 4 - 11 years exp. (8 salaries)	₹7.8 L/yr - ₹20.5 L/yr 10% less
Bank of Baroda Manager Salary 5 - 14 years exp. (31 salaries)	₹7.5 L/yr - ₹23 L/yr 8% more
Canara Bank Manager Salary 6 - 12 years exp. (26 salaries)	₹8.4 L/yr - ₹19 L/yr 6% less
Union Bank of India Manager Salary 6 - 12 years exp. (7 salaries)	₹8 L/yr - ₹15 L/yr 12% less
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Central Bank of India Manager Salary 7 - 11 years exp. (5 salaries)	₹8.4 L/yr - ₹15 L/yr 23% less
IDBI Bank Manager Salary 6 - 15 years exp. (44 salaries)	₹9.7 L/yr - ₹23.5 L/yr 17% more
Bank of Maharashtra Manager Salary 6 - 8 years exp. (4 salaries)	₹8 L/yr - ₹15.4 L/yr 10% less
Indian Bank Manager Salary 3 - 14 years exp. (41 salaries)	₹7 L/yr - ₹18 L/yr 9% less
Indian Overseas Bank Manager Salary 8 - 12 years exp. (27 salaries)	₹9 L/yr - ₹23.7 L/yr 7% less
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (99 salaries)	₹4 L/yr - ₹13.5 L/yr 52% less
Karur Vysya Bank Manager Salary 6 - 14 years exp. (92 salaries)	₹6.6 L/yr - ₹22 L/yr 7% less
RBL Bank Manager Salary 4 - 14 years exp. (34 salaries)	₹5.6 L/yr - ₹11.5 L/yr 49% less
Jana Small Finance Bank Manager Salary 3 - 14 years exp. (25 salaries)	₹3 L/yr - ₹8 L/yr 64% less

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Manager salary at Federal Bank ranges between ₹9 Lakhs to ₹22 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 30 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Manager salaries in Chennai

Last Updated: 12 Sep 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹9.2 L/yr - ₹27.8 L/yr
5 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹28.2 L/yr
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6 years (6 salaries)	₹10 L/yr - ₹28.5 L/yr
7 years (4 salaries)	₹9 L/yr - ₹28.9 L/yr
8 years (5 salaries)	₹10 L/yr - ₹18 L/yr
9 years (3 salaries)	₹12 L/yr - ₹19 L/yr
10 years (3 salaries)	₹10 L/yr - ₹29.9 L/yr
11 years (4 salaries)	₹12 L/yr - ₹22 L/yr
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹30.6 L/yr

View all

Similar Designation salaries in Federal Bank

Credit Manager Salary

(11 salaries)

₹10 L/yr - ₹20 L/yr

Salary related reviews for Federal Bank

3.6

Rated by 2 employees for salary & benefits

Manager in New Delhi

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 .

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

Manager (working remotely)

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

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

Manager in Mymbai

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.

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.

Assistant Manager in Khambhalia

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

Self Employed Professional in Rajkot

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 30 May 2024

4.0

for Salary and Benefits

Likes

One thing I like is that the salary comes on time. And others allowance.

Dislikes

There are many things that are not good in the bank. Like work time 'starting from 9:45 every morning and have no idea when to come back almost 12 hours work everyday. Thus the employee's private life remains nothing. Neither he can take time for himself nor can he give time to his family. Another thing is that he does not give transfer near the employee's house. He does not understand anyone's situation. Due to such an environment, the employee becomes frustrated and prone to leave the job. It is requested to think about the employee and take a good solution for not hiding from the site after reading the review. And do not discriminate between male and female employees regarding office time and transfer.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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 ₹22.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 2% less than the average Manager Salary in India. Salary estimates are based on 30 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 2% 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 ₹23.5 Lakhs per year
Bank of Baroda Manager Salary - ₹7.5 Lakhs to ₹23.0 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
Indian Overseas Bank Manager Salary - ₹9.0 Lakhs to ₹23.7 Lakhs per year
Karur Vysya Bank Manager Salary - ₹6.6 Lakhs to ₹22.0 Lakhs per year
Indian Bank Manager Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
Bank of Maharashtra Manager Salary - ₹8.0 Lakhs to ₹15.4 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 ₹1,10,789 per month to ₹1,13,859 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 ₹22.0 Lakhs per year for employees with experience between 4 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, 60% of the Federal Bank Managers in Chennai reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Federal Bank Manager Salaries in Chennai

Federal Bank Manager salary in Chennai ranges between ₹9 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Federal Bank latest salaries received from various employees of Federal Bank.

Federal Bank Manager salaries in Chennai

Companies similar to Federal Bank for Manager in Chennai

Latest annual salaries shared by Federal Bank Manager in Chennai

Experience wise Federal Bank Manager salaries in Chennai

Similar Designation salaries in Federal Bank

Salary related reviews for Federal Bank

Manager in New Delhi

Manager (working remotely)

Manager in Mymbai

Assistant Manager in Khambhalia

Self Employed Professional in Rajkot

Federal Bank Manager Salary FAQs

Tell us how to improve this page.