Federal Bank Operations Manager Salaries by 10 Employees

3 - 12 years exp.

₹5 Lakhs - ₹16 Lakhs

Low Confidence

Salary of majority employees

13% more than the average Operations Manager Salary in Banking Companies for 3 - 12 years of experience

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Last Updated: 1 Jul 2024

Companies similar to Federal Bank for Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Operations Manager Salary 0 - 18 years exp. (704 salaries)	₹3 L/yr - ₹13 L/yr 37% less
ICICI Bank Operations Manager Salary 0 - 13 years exp. (500 salaries)	₹2.6 L/yr - ₹11.4 L/yr 45% less
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Axis Bank Operations Manager Salary 3 - 14 years exp. (467 salaries)	₹2.8 L/yr - ₹12.5 L/yr 38% less
State Bank of India Operations Manager Salary 3 - 31 years exp. (10 salaries)	₹12 L/yr - ₹20 L/yr 27% more
Kotak Mahindra Bank Operations Manager Salary 3 - 13 years exp. (253 salaries)	₹2 L/yr - ₹12 L/yr 46% less
IndusInd Bank Operations Manager Salary 1 - 14 years exp. (164 salaries)	₹1.8 L/yr - ₹10 L/yr 52% less
Yes Bank Operations Manager Salary 1 - 16 years exp. (154 salaries)	₹3 L/yr - ₹13 L/yr 39% less
IDFC FIRST Bank Operations Manager Salary 1 - 11 years exp. (200 salaries)	₹2.8 L/yr - ₹11.6 L/yr 41% less
RBL Bank Operations Manager Salary 4 - 13 years exp. (85 salaries)	₹3.8 L/yr - ₹12 L/yr 46% less
Bandhan Bank Operations Manager Salary 3 - 13 years exp. (54 salaries)	₹2.5 L/yr - ₹10.1 L/yr 50% less
Jana Small Finance Bank Operations Manager Salary 1 - 11 years exp. (79 salaries)	₹1.8 L/yr - ₹8 L/yr 68% less
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Standard Chartered Operations Manager Salary 9 - 18 years exp. (59 salaries)	₹7.2 L/yr - ₹29 L/yr 33% more
Ujjivan Small Finance Bank Operations Manager Salary 3 - 12 years exp. (47 salaries)	₹2.8 L/yr - ₹10 L/yr 60% less	1 job opening
HSBC Global Banking and Markets Operations Manager Salary 5 - 17 years exp. (44 salaries)	₹8.5 L/yr - ₹19.2 L/yr 27% more
IDBI Bank Operations Manager Salary 6 - 15 years exp. (41 salaries)	₹6 L/yr - ₹23 L/yr 20% more
Utkarsh Small Finance Bank Operations Manager Salary 4 - 12 years exp. (29 salaries)	₹2.5 L/yr - ₹8.2 L/yr 55% less
Karur Vysya Bank Operations Manager Salary 1 - 11 years exp. (9 salaries)	₹2.7 L/yr - ₹9.1 L/yr 55% less
City Union Bank Operations Manager Salary 2 - 6 years exp. (7 salaries)	₹4.8 L/yr - ₹9.5 L/yr 53% less
Canara Bank Operations Manager Salary 8 - 12 years exp. (5 salaries)	₹12 L/yr - ₹13.5 L/yr 3% more
Central Bank of India Operations Manager Salary 6 - 12 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 14% less

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Operations Manager salary at Federal Bank ranges between ₹5 Lakhs to ₹16 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 10 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Operations Manager salaries

Last Updated: 1 Jul 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹21.7 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹21.9 L/yr
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5 years (4 salaries)	₹8 L/yr - ₹16 L/yr
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹22.1 L/yr
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹22.2 L/yr
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹22.3 L/yr
9 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.4 L/yr
10 years (AmbitionBox Estimate)	₹11.3 L/yr - ₹14.4 L/yr
11 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹14.5 L/yr

View all

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Deputy Manager Salary

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₹6.55 L/yr - ₹13.42 L/yr

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Salary related reviews for Federal Bank

4.1

Rated by 5 employees for salary & benefits

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 May 2022

4.0

for Salary and Benefits

Likes

... 2. HR policies are favorable for employees. 3. Sales pressure is moderate. 4. Joining salary is one of the best in the industry.

Salary - Good

+3 more

Dislikes

1. Unclear process for business development. 2. Union culture, a hurdle in work culture. 3. Learning is confined. 4. No performance linked incentive & annual increments are peanuts.

Senior Manager in Ernakulam

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2025

5.0

for Salary and Benefits

Likes

... consideration for posting based on personal issues. Opportunities for learning. Salary is at par with nationalised banks. Offers good job security.

Salary - Excellent

+5 more

Dislikes

The promotion process is subject to bias. Hands on training for new recruits can be improved.

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

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

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

Skill development - Bad

+4 more

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Federal Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at Federal Bank ?

The average salary of a Operations Manager at Federal Bank in India typically ranges from ₹5.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Operations Manager at Federal Bank earn more than ₹15.3 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Operations 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 10 Federal Bank employees in India.

What is the estimated take home salary of a Operations Manager at Federal Bank in India?

The estimated take-home salary of a Operations Manager at Federal Bank in India typically ranges from ₹87,837 to ₹90,141 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹16.0 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 10 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 Operations Manager in India?

Standard Chartered	₹7.2 Lakhs to ₹29.0 Lakhs per year
HSBC Global Banking and Markets	₹8.5 Lakhs to ₹19.2 Lakhs per year
State Bank of India	₹12.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India	₹10.0 Lakhs to ₹20.0 Lakhs per year
IDBI Bank	₹6.0 Lakhs to ₹23.0 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 Operations Manager in companies similar to Federal Bank in India?

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

Karnataka Bank	₹5.0 Lakhs to ₹20.0 Lakhs per year
Canara Bank	₹12.0 Lakhs to ₹13.5 Lakhs per year
Central Bank of India	₹10.0 Lakhs to ₹12.0 Lakhs per year
HDFC Bank	₹3.0 Lakhs to ₹13.0 Lakhs per year
Axis Bank	₹2.8 Lakhs to ₹12.5 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 Operations Manager at Federal Bank in India?

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

Experience	Average Salary Range
3 years	₹5.0 Lakhs to ₹21.7 Lakhs per year
4 years	₹6.0 Lakhs to ₹21.9 Lakhs per year
5 years	₹8.0 Lakhs to ₹16.0 Lakhs per year
6 years	₹8.5 Lakhs to ₹22.1 Lakhs per year

and so on.

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Federal Bank Operations Manager Salaries

Federal Bank Operations Manager salary in India ranges between ₹5 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Federal Bank latest salaries received from various employees of Federal Bank.