Federal Bank Manager Salaries by 20+ Employees (Updated 2024)

4 - 11 years exp.

₹8 Lakhs - ₹22 Lakhs

Salary of majority employees

6% more than the average Manager Salary in Banking Companies for 4 - 11 years of experience

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Last Updated: 7 Nov 2024

Companies similar to Federal Bank for Manager in Finance & Accounting department

Company name	Avg Annual Salary	Open Jobs
State Bank of India Manager Salary 6 - 15 years exp. (49 salaries)	₹9.9 L/yr - ₹40 L/yr 33% more
ICICI Bank Manager Salary 0 - 17 years exp. (717 salaries)	₹6 L/yr - ₹21.4 L/yr 30% less
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HDFC Bank Manager Salary 0 - 18 years exp. (1k salaries)	₹4.3 L/yr - ₹16 L/yr 44% less	1 job opening
Axis Bank Manager Salary 0 - 18 years exp. (544 salaries)	₹4.5 L/yr - ₹17.2 L/yr 40% less	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (583 salaries)	₹4 L/yr - ₹14.4 L/yr 52% less
IndusInd Bank Manager Salary 0 - 16 years exp. (174 salaries)	₹3.2 L/yr - ₹12 L/yr 57% less	1 job opening
Yes Bank Manager Salary 0 - 18 years exp. (306 salaries)	₹5 L/yr - ₹14 L/yr 46% less
Punjab National Bank Manager Salary 4 - 11 years exp. (24 salaries)	₹6.1 L/yr - ₹20 L/yr 20% less
Bank of Baroda Manager Salary 5 - 13 years exp. (35 salaries)	₹9.6 L/yr - ₹20 L/yr 5% less
Canara Bank Manager Salary 6 - 13 years exp. (49 salaries)	₹8.4 L/yr - ₹22 L/yr 5% less
Union Bank of India Manager Salary 5 - 13 years exp. (29 salaries)	₹7.5 L/yr - ₹24 L/yr 14% less
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Bank of India Manager Salary 4 - 11 years exp. (18 salaries)	₹6.5 L/yr - ₹18 L/yr 22% less
Central Bank of India Manager Salary 7 - 11 years exp. (4 salaries)	₹10 L/yr - ₹16.5 L/yr 20% less
IDBI Bank Manager Salary 6 - 16 years exp. (79 salaries)	₹8.2 L/yr - ₹25 L/yr 9% more
Bank of Maharashtra Manager Salary 4 - 11 years exp. (23 salaries)	₹8 L/yr - ₹19.5 L/yr 19% less
Indian Bank Manager Salary 3 - 13 years exp. (22 salaries)	₹8.5 L/yr - ₹16 L/yr 19% less
Indian Overseas Bank Manager Salary 8 - 12 years exp. (26 salaries)	₹8 L/yr - ₹22 L/yr 17% less
UCO Bank Manager Salary 5 - 11 years exp. (6 salaries)	₹7 L/yr - ₹15 L/yr 27% less
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (131 salaries)	₹4 L/yr - ₹13.5 L/yr 52% less
Bandhan Bank Manager Salary 1 - 16 years exp. (75 salaries)	₹2.9 L/yr - ₹11.5 L/yr 55% less

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Manager salary at Federal Bank ranges between ₹8 Lakhs to ₹22 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 27 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Manager salaries in Finance & Accounting department

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹8 L/yr - ₹29.8 L/yr
5 years (AmbitionBox Estimate)	₹12 L/yr - ₹30.2 L/yr
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6 years (3 salaries)	₹11 L/yr - ₹17 L/yr
7 years (5 salaries)	₹8.5 L/yr - ₹18.5 L/yr
8 years (5 salaries)	₹13.5 L/yr - ₹18.8 L/yr
9 years (3 salaries)	₹12 L/yr - ₹20 L/yr
10 years (3 salaries)	₹11 L/yr - ₹19.4 L/yr
11 years (3 salaries)	₹14 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Federal Bank

Audit Manager Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Credit Manager Salary

(91 salaries)

₹9 L/yr - ₹20 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹13.98 L/yr

Finance Manager Salary

(4 salaries)

₹3.75 L/yr - ₹16.58 L/yr

Management Trainee Salary

(21 salaries)

₹8.89 L/yr - ₹12 L/yr

Senior Analyst Salary

(4 salaries)

₹14 L/yr - ₹21 L/yr

Senior Associate Salary

(6 salaries)

₹6.8 L/yr - ₹9.5 L/yr

Financial Analyst Salary

(5 salaries)

₹1.45 L/yr - ₹8.75 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Chartered Accountant Salary

(AmbitionBox Estimate)

₹10.2 L/yr - ₹13 L/yr

Salary related reviews for Federal Bank

3.7

Rated by 6 employees for salary & benefits

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.

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

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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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 in Finance & Accounting department?

Manager salary at Federal Bank in Finance & Accounting department in India ranges between ₹8.0 Lakhs to ₹22.0 Lakhs for experience between 4 years to 11 years. According to our estimates it is 6% more than the average Manager Salary in India. Salary estimates are based on 27 latest salaries received from various employees of Federal Bank India in Finance & Accounting department.

How does the salary of a Manager at Federal Bank India in Finance & Accounting department compare with the average salary range for this job?

The average salary of a Manager at Federal Bank in Finance & Accounting department is 6% more than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Manager in Finance & Accounting department in India?

State Bank of India Manager Salary - ₹9.9 Lakhs to ₹40.0 Lakhs per year
IDBI Bank Manager Salary - ₹8.2 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Manager in Finance & Accounting department in companies similar to Federal Bank in India?

Bank of Baroda Manager Salary - ₹9.6 Lakhs to ₹20.0 Lakhs per year
Canara Bank Manager Salary - ₹8.4 Lakhs to ₹22.0 Lakhs per year
HSBC Global Banking and Markets Manager Salary - ₹9.1 Lakhs to ₹25.5 Lakhs per year
Union Bank of India Manager Salary - ₹7.5 Lakhs to ₹24.0 Lakhs per year
Indian Overseas Bank Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year

What is the estimated take home salary of a Manager in Finance & Accounting department at Federal Bank in India?

The estimated take-home salary of a Manager in Finance & Accounting department at Federal Bank ranges between ₹1,17,290 per month to ₹1,20,570 per month in India. The take-home salary calculation is based on the average Federal Bank Manager salary in India which ranges between ₹8.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Manager in Finance & Accounting department at Federal Bank?

According to AmbitionBox, 75% of the Federal Bank Managers in Finance & Accounting department reported a notice period of 3 Months, 14% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

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Federal Bank Manager Salaries in Finance & Accounting

Federal Bank Manager salary in Finance & Accounting department in India ranges between ₹8 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Federal Bank latest salaries received from various employees of Federal Bank.

Federal Bank Manager salaries in Finance & Accounting in India

Companies similar to Federal Bank for Manager in Finance & Accounting department

Latest annual salaries shared by Federal Bank Manager in Finance & Accounting department

Experience wise Federal Bank Manager salaries in Finance & Accounting department

Similar Designation salaries in Federal Bank

Salary related reviews for Federal Bank

Manager in Mymbai

Manager in New Delhi

Manager (working remotely)

Assistant Manager in Khambhalia

Self Employed Professional in Rajkot

Federal Bank Manager Salary FAQs

Tell us how to improve this page.

Federal Bank Manager Salaries by Location