Federal Bank Chennai Manager Salaries by 30+ Employees (Updated 2025)

3 - 12 years exp.

₹9 Lakhs - ₹23 Lakhs

Salary of majority employees

At par with the average Manager Salary in Banking Companies for 3 - 12 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 - 12 years exp. (20 salaries)	₹9.2 L/yr - ₹23 L/yr
Customer Success, Service & Operations Manager Salary 8 - 11 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹16.9 L/yr
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Finance & Accounting Manager Salary 3 - 11 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹22 L/yr
Risk Management & Compliance Manager Salary 7 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹17.2 L/yr

Last Updated: 20 Mar 2025

Companies similar to Federal Bank for Manager in Chennai

Federal Bank Manager Salary

3 - 12 years exp. (31 salaries)

₹9 L/yr - ₹23 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (1.1k salaries)	₹4.1 L/yr - ₹13.2 L/yr 47% less
Standard Chartered Manager Salary 3 - 20 years exp. (868 salaries)	₹7.1 L/yr - ₹25 L/yr 1% less
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Axis Bank Manager Salary 0 - 18 years exp. (397 salaries)	₹4 L/yr - ₹15.6 L/yr 42% less
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (283 salaries)	₹3 L/yr - ₹13.4 L/yr 52% less
IndusInd Bank Manager Salary 0 - 16 years exp. (271 salaries)	₹3.5 L/yr - ₹11.5 L/yr 55% less
Yes Bank Manager Salary 2 - 17 years exp. (232 salaries)	₹4.5 L/yr - ₹14.4 L/yr 48% less
ICICI Bank Manager Salary 0 - 18 years exp. (195 salaries)	₹5.1 L/yr - ₹20 L/yr 30% less
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (105 salaries)	₹4 L/yr - ₹13.9 L/yr 49% less
Karur Vysya Bank Manager Salary 6 - 14 years exp. (91 salaries)	₹6.6 L/yr - ₹22 L/yr 9% less
IDBI Bank Manager Salary 6 - 15 years exp. (44 salaries)	₹9.7 L/yr - ₹25 L/yr 15% more
RBL Bank Manager Salary 5 - 14 years exp. (37 salaries)	₹5.6 L/yr - ₹10.8 L/yr 49% less
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Canara Bank Manager Salary 4 - 12 years exp. (31 salaries)	₹8.4 L/yr - ₹19 L/yr 2% less
City Union Bank Manager Salary 8 - 19 years exp. (28 salaries)	₹8.7 L/yr - ₹21.5 L/yr 7% less
Jana Small Finance Bank Manager Salary 4 - 13 years exp. (20 salaries)	₹3 L/yr - ₹8 L/yr 62% less
Union Bank of India Manager Salary 6 - 12 years exp. (7 salaries)	₹8 L/yr - ₹15 L/yr 14% less
Ujjivan Small Finance Bank Manager Salary 4 - 10 years exp. (7 salaries)	₹5 L/yr - ₹8.1 L/yr 56% less
Central Bank of India Manager Salary 7 - 11 years exp. (6 salaries)	₹8.4 L/yr - ₹16 L/yr 21% less
Shinhan Bank Manager Salary 9 - 12 years exp. (6 salaries)	₹6.9 L/yr - ₹13.5 L/yr 37% less
Karnataka Bank Manager Salary 2 - 7 years exp. (4 salaries)	₹11 L/yr - ₹14.7 L/yr 18% less

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 31 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Manager salaries in Chennai

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹16 L/yr
4 years (3 salaries)	₹9.2 L/yr - ₹28.2 L/yr
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5 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹28.5 L/yr
6 years (7 salaries)	₹10 L/yr - ₹19 L/yr
7 years (3 salaries)	₹9 L/yr - ₹29 L/yr
8 years (4 salaries)	₹11 L/yr - ₹18 L/yr
9 years (3 salaries)	₹12 L/yr - ₹19 L/yr
10 years (3 salaries)	₹10 L/yr - ₹29.7 L/yr
11 years (5 salaries)	₹12 L/yr - ₹23 L/yr
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹30.2 L/yr

View all

From

Manager

₹

Lakhs/yr

3 - 12 years exp.

Associate Vice President

₹

Lakhs/yr

7 - 15 years exp.

Manager 3 - 12 years exp.

Senior Manager 6 - 15 years exp.

44% hike

Associate Vice President 7 - 15 years exp.

17% 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)

₹10 L/yr - ₹20 L/yr

Salary related reviews for Federal Bank

2.0

Rated by 3 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 .

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

Promotions - Poor

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

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

Work satisfaction - Poor

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.

Skill development - Bad

+4 more

Sales Manager in Visakhapatnam

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

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

Salary - Poor

+6 more

Associate in New Delhi

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

Skill development - Poor

+1 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Federal Bank Manager Salary FAQs

What is the salary of Manager at Federal Bank in Chennai?

The average salary of a Manager at Federal Bank in Chennai typically ranges from ₹9.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Manager in Chennai at Federal Bank earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Manager Salaries at Federal Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Federal Bank employees in India.

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 in Chennai typically ranges from ₹1,10,345 to ₹1,13,401 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 3 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Federal Bank for Manager in India?

IDBI Bank

₹9.7 Lakhs to ₹25.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Federal Bank, depending on the role and experience level.

What is the salary of a Manager in companies similar to Federal Bank in Chennai?

The salary of a Manager at companies similar to Federal Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹7.1 Lakhs to ₹25.0 Lakhs per year
Canara Bank	₹8.4 Lakhs to ₹19.0 Lakhs per year
City Union Bank	₹8.7 Lakhs to ₹21.5 Lakhs per year
Karur Vysya Bank	₹6.6 Lakhs to ₹22.0 Lakhs per year
Union Bank of India	₹8.0 Lakhs to ₹15.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Manager at Federal Bank in Chennai?

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

Experience	Average Salary Range
3 years	₹6.2 Lakhs to ₹16.0 Lakhs per year
4 years	₹9.2 Lakhs to ₹28.2 Lakhs per year
5 years	₹12.5 Lakhs to ₹28.5 Lakhs per year
6 years	₹10.0 Lakhs to ₹19.0 Lakhs per year

and so on.

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Federal Bank Manager Salaries in Chennai

Federal Bank Manager salary in Chennai ranges between ₹9 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Federal Bank latest salaries received from various employees of Federal Bank.