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3.9

based on 821 Reviews

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Federal Bank Salaries in Rajkot

based on 12 latest salaries
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BFSI, Investments & Trading Finance & Accounting
Designation Avg Annual Salary Open Jobs
3 - 7 years exp. · Rajkot (3 salaries)
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₹2.3 L/yr - ₹2.5 L/yr

9 - 12 years exp. · Rajkot (3 salaries)
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₹4.1 L/yr - ₹6.1 L/yr

12 - 13 years exp. · Rajkot (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

14 years exp. · Rajkot (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

8 years exp. · Rajkot (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

8 years exp. · Rajkot (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr

2 years exp. · Rajkot (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

Last Updated: 18 Sep, 2024

Salary related reviews for Federal Bank

3.9

Rated by 4 employees for salary & benefits

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.

read more
  • Salary - Good
  • +1 more

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.

read more
  • Work satisfaction - Bad
  • +2 more

Other Department

1.0
  •  posted on 18 Sep 2017

3.0
 for  Salary and Benefits

Likes

Compensation is the only good thing about this bank,

  • Job security - Excellent

Dislikes

Frequent transfers, office politics, senior management always getting their say, south Indians given preference over others. No Transfer on compassionate ground, no matter what your problem is, I have spine injury unable to travel on my own, but still I am posted 900 KM away from my hometown, despite vacant position in my Home State. Kingpins sitting in HR who will always be posting southies near their hometown. Worst HR possible.,

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

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

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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

read more
  • Salary - Poor
  • +6 more

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

read more
  • Skill development - Poor
  • +1 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 12 Federal Bank salaries received from various employees of Federal Bank. Federal Bank employees rate the overall salary and benefits package 3.9/5 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 ₹19.59 lakhs per year. The top 1% earn more than a whopping ₹35.25 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 ₹4.8 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 ₹5.5 Lakhs to ₹15.2 Lakhs per year for Probationary Officer.
What is the notice period at Federal Bank in Rajkot?
According to AmbitionBox, 48% of the Federal Bank employees in Rajkot reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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Average annual salary in Federal Bank , Rajkot is INRunlock blur . Salary estimates are based on 12 Federal Bank latest salaries received from various employees of Federal Bank.

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