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Federal Bank Senior Manager & Branch Head salaries in Mumbai

Annual salary range
11 - 13 years exp.
₹15 Lakhs - ₹23 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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99% more than the average Senior Manager & Branch Head Salary in Banking Companies for 11 - 13 years of experience

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Last Updated: 11 Nov 2024

Companies similar to Federal Bank for Senior Manager & Branch Head in Mumbai

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Federal Bank Senior Manager & Branch Head Salary

11 - 13 years exp. (4 salaries)

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₹15 L/yr - ₹23 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹9.9 L/yr - ₹12.7 L/yr

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Senior Manager & Branch Head salary at Federal Bank ranges between ₹15 Lakhs to ₹23 Lakhs per year for employees with experience between 11 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Senior Manager & Branch Head in Mumbai

4mo ago
₹23 Lakhs
12 years exp.
10mo ago
₹23 Lakhs
11 years exp.

Experience wise Federal Bank Senior Manager & Branch Head salaries in Mumbai

Last Updated: 11 Nov 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹19.6 L/yr - ₹25.1 L/yr
12 years (AmbitionBox Estimate)

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₹19.8 L/yr - ₹25.2 L/yr
13 years (AmbitionBox Estimate)

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₹19.9 L/yr - ₹25.4 L/yr

Similar Designation salaries in Federal Bank

Credit Manager Salary
(30 salaries)
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₹11 L/yr - ₹19 L/yr
Credit Analyst Salary
(17 salaries)
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₹9 L/yr - ₹19 L/yr
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₹9 L/yr - ₹13 L/yr
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₹14 L/yr - ₹22 L/yr
Credit Officer Salary
(8 salaries)
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₹4.68 L/yr - ₹16 L/yr
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₹2 L/yr - ₹3.65 L/yr
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₹16 L/yr - ₹24 L/yr

Salary related reviews for Federal Bank

5.0

Rated by 1 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.

read more
  • 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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 05 Feb 2025

5.0
 for  Salary and Benefits

Likes

... consideration for posting based on personal issues. Opportunities for learning. Salary is at par with nationalised banks. Offers good job security.

read more
  • Salary - Excellent
  • +5 more

Dislikes

The promotion process is subject to bias. Hands on training for new recruits can be improved.

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

read more
  • Salary - Poor
  • +6 more

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

read more
  • Skill development - Poor
  • +1 more

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

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Federal Bank Senior Manager & Branch Head Salary FAQs

What is the salary of Senior Manager & Branch Head at Federal Bank in Mumbai?
The average salary of a Senior Manager & Branch Head at Federal Bank in Mumbai typically ranges from ₹15.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 11 years to 13 years).

The top 10% of Senior Manager & Branch Head in Mumbai at Federal Bank earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Senior Manager & Branch Head 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 4 Federal Bank employees in India.
What is the estimated take home salary of a Senior Manager & Branch Head at Federal Bank in Mumbai?
The estimated take-home salary of a Senior Manager & Branch Head at Federal Bank in Mumbai typically ranges from ₹1,41,705 to ₹1,46,976 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 11 years to 13 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 4 salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Senior Manager & Branch Head in companies similar to Federal Bank in Mumbai?
The salary of a Senior Manager & Branch Head at companies similar to Federal Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ESAF Small Finance Bank ₹9.9 Lakhs to ₹12.7 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 Manager & Branch Head at Federal Bank in Mumbai?
The salary growth for a Senior Manager & Branch Head at Federal Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Senior Manager & Branch Head in Mumbai can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
11 years ₹19.6 Lakhs to ₹25.1 Lakhs per year
12 years ₹19.8 Lakhs to ₹25.2 Lakhs per year
13 years ₹19.9 Lakhs to ₹25.4 Lakhs per year
and so on.

Tell us how to improve this page.

Federal Bank Senior Manager & Branch Head salary in Mumbai ranges between ₹15 Lakhs to ₹23 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Federal Bank latest salaries received from various employees of Federal Bank.