Federal Bank Mumbai Relationship Manager Salaries by 5 Employees (Updated 2025)

0 - 4 years exp.

₹2 Lakhs - ₹3.4 Lakhs

Salary of majority employees

40% less than the average Relationship Manager Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Relationship Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹4 L/yr
Marketing & Communication Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.5 L/yr
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Sales & Business Development Relationship Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.4 L/yr

Last Updated: 23 Nov 2023

Companies similar to Federal Bank for Relationship Manager in Mumbai

Federal Bank Relationship Manager Salary

0 - 4 years exp. (5 salaries)

₹2 L/yr - ₹3.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (823 salaries)	₹2.4 L/yr - ₹13 L/yr 132% more	24 job openings
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (1.9k salaries)	₹3.5 L/yr - ₹12.1 L/yr 159% more	1 job opening
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Axis Bank Relationship Manager Salary 0 - 15 years exp. (195 salaries)	₹2.8 L/yr - ₹12.8 L/yr 139% more	7 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (460 salaries)	₹1.8 L/yr - ₹10.5 L/yr 89% more	6 job openings
Yes Bank Relationship Manager Salary 0 - 13 years exp. (160 salaries)	₹3.2 L/yr - ₹13.6 L/yr 155% more	9 job openings
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (213 salaries)	₹3.5 L/yr - ₹13.2 L/yr 163% more	21 job openings
IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (96 salaries)	₹2 L/yr - ₹11 L/yr 112% more	7 job openings
RBL Bank Relationship Manager Salary 0 - 10 years exp. (192 salaries)	₹2.2 L/yr - ₹7.5 L/yr 44% more	11 job openings
Standard Chartered Relationship Manager Salary 1 - 12 years exp. (94 salaries)	₹4 L/yr - ₹15.3 L/yr 195% more
Jana Small Finance Bank Relationship Manager Salary 2 - 10 years exp. (46 salaries)	₹2.5 L/yr - ₹6.3 L/yr 28% more	1 job opening
State Bank of India Relationship Manager Salary 5 - 14 years exp. (22 salaries)	₹4 L/yr - ₹16.5 L/yr 217% more
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Bandhan Bank Relationship Manager Salary 0 - 6 years exp. (14 salaries)	₹1.9 L/yr - ₹6.9 L/yr 56% more
Ujjivan Small Finance Bank Relationship Manager Salary 3 - 9 years exp. (8 salaries)	₹3.2 L/yr - ₹8 L/yr 61% more	1 job opening
IDBI Bank Relationship Manager Salary 1 - 10 years exp. (7 salaries)	₹10.6 L/yr - ₹22 L/yr 324% more
HSBC Global Banking and Markets Relationship Manager Salary 2 - 6 years exp. (4 salaries)	₹29.3 L/yr - ₹35 L/yr 951% more
Karur Vysya Bank Relationship Manager Salary 1 - 10 years exp. (3 salaries)	₹6 L/yr - ₹7.6 L/yr 94% more	4 job openings

Relationship Manager salary at Federal Bank ranges between ₹2 Lakhs to ₹3.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Relationship Manager salaries in Mumbai

Last Updated: 23 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.5 L/yr

Similar Designation salaries in Federal Bank

Territory Manager Salary

(6 salaries)

₹15 L/yr - ₹16 L/yr

Relationship Officer Salary

(5 salaries)

₹4.5 L/yr - ₹13 L/yr

Top skills at Federal Bank for Relationship Manager

KYC English Language Risk Management Anti Money Laundering Fraud Detection Banking

Salary related reviews for Federal Bank

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

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.

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

Assistant Manager Operations in Kochi

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

Work-life balance - Poor

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Federal Bank Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Federal Bank Mumbai?

Relationship Manager salary at Federal Bank in Mumbai ranges between ₹2.0 Lakhs to ₹3.4 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 40% less than the average Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank Mumbai.

How does the salary of a Relationship Manager at Federal Bank Mumbai compare with the average salary range for this job?

The average salary of a Relationship Manager at Federal Bank is 40% less than the average salary of a Relationship Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at Federal Bank?

KYC, English Language, Risk Management, Anti Money Laundering and Fraud Detection are some of the popular skills required to work as a Relationship Manager at Federal Bank Mumbai.

Which similar companies are paying more than Federal Bank to a Relationship Manager in Mumbai?

HSBC Global Banking and Markets Relationship Manager Salary - ₹29.3 Lakhs to ₹35.0 Lakhs per year
IDBI Bank Relationship Manager Salary - ₹10.6 Lakhs to ₹22.0 Lakhs per year
State Bank of India Relationship Manager Salary - ₹4.0 Lakhs to ₹16.5 Lakhs per year
Standard Chartered Relationship Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
IndusInd Bank Relationship Manager Salary - ₹3.5 Lakhs to ₹13.2 Lakhs per year

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

ICICI Bank Relationship Manager Salary - ₹3.5 Lakhs to ₹12.1 Lakhs per year
Yes Bank Relationship Manager Salary - ₹3.2 Lakhs to ₹13.6 Lakhs per year
Axis Bank Relationship Manager Salary - ₹2.8 Lakhs to ₹12.8 Lakhs per year
HDFC Bank Relationship Manager Salary - ₹2.4 Lakhs to ₹13.0 Lakhs per year
IDFC FIRST Bank Relationship Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year

What is the estimated take home salary of a Relationship Manager at Federal Bank in Mumbai?

The estimated take-home salary of a Relationship Manager at Federal Bank ranges between ₹22,861 per month to ₹24,332 per month in Mumbai. The take-home salary calculation is based on the average Federal Bank Relationship Manager salary in India which ranges between ₹2.0 Lakhs to ₹3.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Federal Bank in Mumbai?

According to AmbitionBox, 67% of the Federal Bank Relationship Managers in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Federal Bank Relationship Manager Salaries in Mumbai

Federal Bank Relationship Manager salary in Mumbai ranges between ₹2 Lakhs to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Federal Bank latest salaries received from various employees of Federal Bank.