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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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18% 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. (4 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 - ₹3.6 L/yr

Marketing & Communication
Relationship Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.3 L/yr

Last Updated: 18 Dec 2024

Companies similar to Federal Bank for Relationship Manager in Visakhapatnam

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Federal Bank Relationship Manager Salary

0 - 4 years exp. (74 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 - ₹7 L/yr

arrow icon 83% more
2 job openings
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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 13% less
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HDFC Life Relationship Manager Salary

1 - 10 years exp. (17 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 13% more
1 job opening
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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 4% more
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 74 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: 18 Dec 2024

Experience Avg Annual Salary
Fresher  (15 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 - ₹5.5 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

 · 

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

 · 

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

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.

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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.

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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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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

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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

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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 18% less than the average Relationship Manager Salary in India. Salary estimates are based on 74 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 18% 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?
  • Karur Vysya Bank Relationship Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
  • HDFC Life Relationship Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
  • Hiranandani Financial Services Relationship Manager Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Federal Bank in Visakhapatnam?
  • 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 ₹21,871 per month to ₹23,356 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 70 responses on AmbitionBox in last 2 years.

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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 74 Federal Bank latest salaries received from various employees of Federal Bank.