Federal Bank Senior Associate Salaries by 6 Employees (Updated 2025)

4 - 8 years exp.

₹6.8 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Senior Associate Salary in Banking Companies for 4 - 8 years of experience

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Last Updated: 5 Feb 2025

Companies similar to Federal Bank for Senior Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Associate Salary 0 - 11 years exp. (45 salaries)	₹1.7 L/yr - ₹9 L/yr 25% less
ICICI Bank Senior Associate Salary 0 - 7 years exp. (522 salaries)	₹1.3 L/yr - ₹3.8 L/yr 66% less
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Axis Bank Senior Associate Salary 1 - 6 years exp. (19 salaries)	₹1.9 L/yr - ₹4.9 L/yr 55% less
State Bank of India Senior Associate Salary 7 - 14 years exp. (56 salaries)	₹4.5 L/yr - ₹14 L/yr 29% more
Kotak Mahindra Bank Senior Associate Salary 1 - 7 years exp. (133 salaries)	₹1.4 L/yr - ₹4 L/yr 63% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹1.3 L/yr - ₹7.2 L/yr 33% less
Yes Bank Senior Associate Salary 2 - 9 years exp. (16 salaries)	₹2.7 L/yr - ₹4.3 L/yr 44% less
IDFC FIRST Bank Senior Associate Salary 2 - 7 years exp. (67 salaries)	₹2 L/yr - ₹5.8 L/yr 46% less
RBL Bank Senior Associate Salary 1 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹8 L/yr 49% less
Bandhan Bank Senior Associate Salary 1 - 6 years exp. (6 salaries)	₹1.5 L/yr - ₹5.1 L/yr 55% less
City Union Bank Senior Associate Salary 0 - 6 years exp. (540 salaries)	₹2.9 L/yr - ₹6.5 L/yr 37% less
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Standard Chartered Senior Associate Salary 2 - 7 years exp. (123 salaries)	₹2.1 L/yr - ₹8 L/yr 30% less
HSBC Global Banking and Markets Senior Associate Salary 2 - 9 years exp. (82 salaries)	₹4.8 L/yr - ₹21 L/yr 58% more
Chase Bank Senior Associate Salary 4 - 11 years exp. (9 salaries)	₹12 L/yr - ₹27 L/yr 129% more
Barclays Investment Bank Senior Associate Salary 3 - 7 years exp. (5 salaries)	₹5 L/yr - ₹8 L/yr 18% less
Jana Small Finance Bank Senior Associate Salary 2 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 58% less
Utkarsh Small Finance Bank Senior Associate Salary 1 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹11.1 L/yr 18% less
Emirates NBD Senior Associate Salary 3 - 5 years exp. (4 salaries)	₹4 L/yr - ₹9.9 L/yr 6% more
IDBI Bank Senior Associate Salary 1 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹8.5 L/yr 20% less
Ujjivan Small Finance Bank Senior Associate Salary 2 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹37 L/yr 118% more

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Senior Associate salary at Federal Bank ranges between ₹6.8 Lakhs to ₹9.5 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Senior Associate salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹12.8 L/yr
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6 years (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9.5 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.8 L/yr

Similar Designation salaries in Federal Bank

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System Engineer Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Software Engineer Salary

(6 salaries)

₹2 L/yr - ₹9 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

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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

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

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

Salary - Good

+2 more

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

Company culture - Poor

+1 more

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Federal Bank Senior Associate Salary FAQs

What is the salary of Senior Associate at Federal Bank ?

The average salary of a Senior Associate at Federal Bank in India typically ranges from ₹6.8 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Senior Associate at Federal Bank earn more than ₹9.4 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Senior Associate Salaries at Federal Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Federal Bank employees in India.

What is the estimated take home salary of a Senior Associate at Federal Bank in India?

The estimated take-home salary of a Senior Associate at Federal Bank in India typically ranges from ₹55,599 to ₹56,991 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 4 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Federal Bank for Senior Associate in India?

Chase Bank	₹12.0 Lakhs to ₹27.0 Lakhs per year
Ujjivan Small Finance Bank	₹2.5 Lakhs to ₹37.0 Lakhs per year
HSBC Global Banking and Markets	₹4.8 Lakhs to ₹21.0 Lakhs per year
State Bank of India	₹4.5 Lakhs to ₹14.0 Lakhs per year
Emirates NBD	₹4.0 Lakhs to ₹9.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Federal Bank, depending on the role and experience level.

What is the salary of a Senior Associate in companies similar to Federal Bank in India?

The salary of a Senior Associate at companies similar to Federal Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank	₹2.2 Lakhs to ₹11.1 Lakhs per year
Barclays Investment Bank	₹5.0 Lakhs to ₹8.0 Lakhs per year
IDBI Bank	₹3.5 Lakhs to ₹8.5 Lakhs per year
HDFC Bank	₹1.7 Lakhs to ₹9.0 Lakhs per year
Standard Chartered	₹2.1 Lakhs to ₹8.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Associate at Federal Bank in India?

The salary growth for a Senior Associate at Federal Bank depends on factors such as experience, performance, and promotions. On average, a Senior Associate can expect the following growth trajectory at Federal Bank:

Experience	Average Salary Range
4 years	₹6.8 Lakhs to ₹6.8 Lakhs per year
5 years	₹6.8 Lakhs to ₹12.8 Lakhs per year
6 years	₹3.0 Lakhs to ₹8.0 Lakhs per year
7 years	₹3.1 Lakhs to ₹9.5 Lakhs per year

and so on.

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Federal Bank Senior Associate Salaries

Federal Bank Senior Associate salary in India ranges between ₹6.8 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Federal Bank latest salaries received from various employees of Federal Bank.