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3.8

based on 784 Reviews

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Mumbai Suburban
BFSI, Investments & Trading

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Federal Bank BFSI, Investments & Trading Department Salaries in Mumbai Suburban

based on 3 latest salaries
Designation Avg Annual Salary Open Jobs
15 years exp. · Mumbai Suburban (AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.8 L/yr

1 year exp. · Mumbai Suburban (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

2 years exp. · Mumbai Suburban (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Last Updated: 23 Dec, 2024

Salary related reviews for Federal Bank

5.0

Rated by 1 employees for salary & benefits

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

  • Job security - 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
  • Skill development - Bad
    +4 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

  • Salary - Excellent
    +2 more

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
  • Work-life balance - Poor

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
  • Salary - Good
    +2 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

read more
  • Company culture - Poor
    +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Mar 2024

5.0
 for  Salary and Benefits

Likes

The pay scale is commendable.

  • Salary - Excellent

Dislikes

No learning, lot of cheap politics, illiterate branch heads who reach only by selling insurance products and are jealous on new joinees looking at their packages. Sales pressure is lot. No work life balance

read more
  • Skill development - Bad
    +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Oct 2023

4.0
 for  Salary and Benefits

Likes

It will pay you well but at the same time you won't be having time to spend that money.

read more
  • Salary - Good
    +1 more

Dislikes

As mentioned, there is no work life balance. You will be having plenty of unused leaves. But still you will not be allowed to take one. Due to shortage of working staff, you will be overburdened. Sales pressure will be there.

read more
  • Skill development - Bad
    +2 more
see more salary related reviews

Federal Bank Salary FAQs

How much does Federal Bank pay per year?
The average Federal Bank salary ranges from approximately ₹0.2 Lakh to ₹2 Lakhs per year for a Data Entry Operator and ₹30 Lakhs to ₹55 Lakhs per year for a Vice President. Salary estimates are based on 3 Federal Bank salaries received from various employees of Federal Bank. Federal Bank employees rate the overall salary and benefits package 5.0/5 stars.
What is the highest salary in Federal Bank?
The highest-paying job at Federal Bank is a Vice President with a salary of ₹30 Lakhs to ₹55 Lakhs per year. The top 10% of employees earn more than ₹19 lakhs per year. The top 1% earn more than a whopping ₹35 lakhs per year.
What is the minimum salary in Federal Bank?
Minimum salary at Federal Bank depends on the role you are applying for. For Relationship Manager the minimum salary is ₹2 Lakhs to ₹4.9 Lakhs per year, and for Clerk the minimum salary is ₹4 Lakhs to ₹8.5 Lakhs per year and so on.
What is the salary package for freshers in Federal Bank?
The average salary at Federal Bank for freshers varies from ₹1 Lakh to ₹3.3 Lakhs per year for Intern and ₹6 Lakhs to ₹15.2 Lakhs per year for Probationary Officer.
What is the notice period at Federal Bank in BFSI, Investments & Trading Department in Mumbai Suburban?
According to AmbitionBox, 67% of the Federal Bank employees in BFSI, Investments & Trading Department in Mumbai Suburban reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Federal Bank , Mumbai Suburban is INRunlock blur . Salary estimates are based on 3 Federal Bank latest salaries received from various employees of Federal Bank.

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