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3.8

based on 778 Reviews

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Federal Bank Relationship Manager salaries in Visakhapatnam

Annual salary range
0 - 4 years exp.
₹2 Lakhs - ₹4 Lakhs
Salary of majority employees
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23% less than the average Relationship Manager Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Relationship Manager Salary
0 - 4 years exp. (40 salaries)
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₹2 L/yr - ₹4 L/yr

Finance & Accounting
Relationship Manager Salary
0 - 4 years exp. (14 salaries)
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₹2.3 L/yr - ₹3 L/yr

Human Resources
Relationship Manager Salary
0 - 1 year exp. (3 salaries)
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₹2.3 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4.3 L/yr

Marketing & Communication
Relationship Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Last Updated: 7 Jan 2025

Companies similar to Federal Bank for Relationship Manager in Visakhapatnam

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Federal Bank Relationship Manager Salary

0 - 4 years exp. (73 salaries)

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₹2 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Karur Vysya Bank Relationship Manager Salary

2 - 9 years exp. (5 salaries)

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₹4 L/yr - ₹5.5 L/yr

arrow icon 65% more
1 job opening
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Varun Motors Relationship Manager Salary

0 - 6 years exp. (25 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 3% less
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FedServ Relationship Manager Salary

0 - 3 years exp. (22 salaries)

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₹2.1 L/yr - ₹3 L/yr

arrow icon 17% less
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₹4.5 L/yr - ₹8.4 L/yr

arrow icon 91% more
68 job openings
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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 2% less
Relationship Manager salary at Federal Bank ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 73 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Relationship Manager in Visakhapatnam

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Experience wise Federal Bank Relationship Manager salaries in Visakhapatnam

Last Updated: 7 Jan 2025

Experience Avg Annual Salary
Fresher  (14 salaries)

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₹2.3 L/yr - ₹3.5 L/yr
1 year  (23 salaries)

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₹2 L/yr - ₹4 L/yr
2 years  (20 salaries)

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₹2 L/yr - ₹4 L/yr
3 years  (13 salaries)

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₹2.3 L/yr - ₹3.5 L/yr
4 years  (3 salaries)

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₹2.8 L/yr - ₹5.6 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

3.2

Rated by 4 employees for salary & benefits

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

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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.

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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.

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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,

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

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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

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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

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

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Federal Bank Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Federal Bank Visakhapatnam?
Relationship Manager salary at Federal Bank in Visakhapatnam ranges between ₹2.0 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 23% less than the average Relationship Manager Salary in India. Salary estimates are based on 73 latest salaries received from various employees of Federal Bank Visakhapatnam.
How does the salary of a Relationship Manager at Federal Bank Visakhapatnam compare with the average salary range for this job?
The average salary of a Relationship Manager at Federal Bank is 23% less than the average salary of a Relationship Manager in Visakhapatnam. 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 Visakhapatnam.
Which similar companies are paying more than Federal Bank to a Relationship Manager in Visakhapatnam?
  • Home First Finance Company India Relationship Manager Salary - ₹4.5 Lakhs to ₹8.4 Lakhs per year
  • Karur Vysya Bank Relationship Manager Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Federal Bank in Visakhapatnam?
  • Hiranandani Financial Services Relationship Manager Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
  • Varun Motors Relationship Manager Salary - ₹1.8 Lakhs to ₹4.8 Lakhs per year
  • FedServ Relationship Manager Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Federal Bank in Visakhapatnam?
The estimated take-home salary of a Relationship Manager at Federal Bank ranges between ₹23,181 per month to ₹24,647 per month in Visakhapatnam. The take-home salary calculation is based on the average Federal Bank Relationship Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.0 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 Visakhapatnam?
According to AmbitionBox, 70% of the Federal Bank Relationship Managers in Visakhapatnam reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 71 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Relationship Manager salary in Visakhapatnam ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 73 Federal Bank latest salaries received from various employees of Federal Bank.