Federal Bank Sales Manager Salaries by 10+ Employees (Updated 2024)

3 - 16 years exp.

₹4.5 Lakhs - ₹6.6 Lakhs

Salary of majority employees

30% less than the average Sales Manager Salary in Banking Companies for 3 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 10 - 13 years exp. (3 salaries)	₹4.6 L/yr - ₹5 L/yr
Strategic & Top Management Sales Manager Salary 13 - 16 years exp. (3 salaries)	₹4.5 L/yr - ₹4.8 L/yr
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Finance & Accounting Sales Manager Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.5 L/yr
Sales & Business Development Sales Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.6 L/yr
Customer Success, Service & Operations Sales Manager Salary 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr

Last Updated: 13 Nov 2024

Companies similar to Federal Bank for Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Manager Salary 0 - 17 years exp. (4.4k salaries)	₹2.8 L/yr - ₹11.7 L/yr 50% more	1 job opening
ICICI Bank Sales Manager Salary 0 - 15 years exp. (586 salaries)	₹2 L/yr - ₹11 L/yr 32% more
Login to view exact salary
Axis Bank Sales Manager Salary 0 - 16 years exp. (3k salaries)	₹3 L/yr - ₹13 L/yr 54% more	5 job openings
State Bank of India Sales Manager Salary 2 - 5 years exp. (18 salaries)	₹2 L/yr - ₹5 L/yr 28% less
Kotak Mahindra Bank Sales Manager Salary 0 - 12 years exp. (786 salaries)	₹1.2 L/yr - ₹10 L/yr 25% more	2 job openings
IndusInd Bank Sales Manager Salary 3 - 12 years exp. (409 salaries)	₹2.1 L/yr - ₹11 L/yr 34% more
Yes Bank Sales Manager Salary 0 - 14 years exp. (770 salaries)	₹2 L/yr - ₹11 L/yr 37% more	3 job openings
IDFC FIRST Bank Sales Manager Salary 0 - 12 years exp. (1.2k salaries)	₹2.3 L/yr - ₹10.7 L/yr 29% more
RBL Bank Sales Manager Salary 3 - 10 years exp. (85 salaries)	₹2.2 L/yr - ₹10 L/yr 13% more
Bandhan Bank Sales Manager Salary 2 - 10 years exp. (180 salaries)	₹2.2 L/yr - ₹10.5 L/yr 20% more
Jana Small Finance Bank Sales Manager Salary 4 - 10 years exp. (167 salaries)	₹1.9 L/yr - ₹8.4 L/yr 13% more
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Utkarsh Small Finance Bank Sales Manager Salary 4 - 11 years exp. (125 salaries)	₹2.8 L/yr - ₹8 L/yr 9% more
Ujjivan Small Finance Bank Sales Manager Salary 3 - 12 years exp. (96 salaries)	₹2.4 L/yr - ₹10 L/yr 13% more	1 job opening
IDBI Bank Sales Manager Salary 1 - 10 years exp. (68 salaries)	₹1.7 L/yr - ₹5.6 L/yr 30% less
Karur Vysya Bank Sales Manager Salary 6 - 11 years exp. (22 salaries)	₹4.5 L/yr - ₹10 L/yr 33% more
Emirates NBD Sales Manager Salary 7 - 9 years exp. (4 salaries)	₹6 L/yr - ₹18.8 L/yr 125% more
Shinhan Bank Sales Manager Salary 6 - 7 years exp. (3 salaries)	₹5.7 L/yr - ₹8 L/yr 45% more

Sales Manager salary at Federal Bank ranges between ₹4.5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 12 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Sales Manager salaries

Last Updated: 13 Nov 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.7 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.6 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.1 L/yr
10 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹5 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9 L/yr
14 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
15+ years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.1 L/yr

View all

Similar Designation salaries in Federal Bank

Store Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Area Manager Salary

(3 salaries)

₹6.2 L/yr - ₹10 L/yr

Branch Manager Salary

(42 salaries)

₹7.4 L/yr - ₹20 L/yr

Area Sales Manager Salary

(11 salaries)

₹2.79 L/yr - ₹12.5 L/yr

Sales Officer Salary

(12 salaries)

₹2.4 L/yr - ₹9 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹13.98 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Marketing Manager Salary

(4 salaries)

₹12 L/yr - ₹16 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Sales Executive Salary

(35 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Salary related reviews for Federal Bank

5.0

Rated by 1 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.

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.

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

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

Self Employed Professional in Rajkot

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.

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.

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

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

Associate in Dharmapuri

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Federal Bank Sales Manager Salary FAQs

What is the salary of Sales Manager at Federal Bank?

Sales Manager salary at Federal Bank in India ranges between ₹4.5 Lakhs to ₹6.6 Lakhs for experience between 3 years to 16 years. According to our estimates it is 30% less than the average Sales Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Sales Manager at Federal Bank is 30% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Sales Manager in India?

Emirates NBD Sales Manager Salary - ₹6.0 Lakhs to ₹18.8 Lakhs per year
Axis Bank Sales Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Sales Manager Salary - ₹2.8 Lakhs to ₹11.7 Lakhs per year
Shinhan Bank Sales Manager Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year
Yes Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year

What is the salary of a Sales Manager in companies similar to Federal Bank in India?

IndusInd Bank Sales Manager Salary - ₹2.1 Lakhs to ₹11.0 Lakhs per year
Karur Vysya Bank Sales Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
ICICI Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Sales Manager Salary - ₹2.3 Lakhs to ₹10.7 Lakhs per year
Kotak Mahindra Bank Sales Manager Salary - ₹1.2 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Federal Bank ranges between ₹37,048 per month to ₹38,258 per month in India. The take-home salary calculation is based on the average Federal Bank Sales Manager salary in India which ranges between ₹4.5 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager at Federal Bank?

According to AmbitionBox, 63% of the Federal Bank Sales Managers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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Federal Bank Sales Manager Salaries

Federal Bank Sales Manager salary in India ranges between ₹4.5 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Federal Bank latest salaries received from various employees of Federal Bank.