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3.8

based on 780 Reviews

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Federal Bank Senior Manager salaries in Indore

Annual salary range
10 - 13 years exp.
₹13.5 Lakhs - ₹22.4 Lakhs
Salary of majority employees
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25% more than the average Senior Manager Salary in Banking Companies for 10 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
11 - 12 years exp. (3 salaries)
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₹18 L/yr - ₹22.6 L/yr

Finance & Accounting
Senior Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹19 L/yr - ₹22.3 L/yr

Last Updated: 25 Aug 2024

Companies similar to Federal Bank for Senior Manager in Indore

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Federal Bank Senior Manager Salary

10 - 13 years exp. (5 salaries)

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₹13.5 L/yr - ₹22.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bandhan Bank Senior Manager Salary

10 - 18 years exp. (18 salaries)

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₹8 L/yr - ₹15 L/yr

arrow icon 45% less
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Canara Bank Senior Manager Salary

10 - 14 years exp. (4 salaries)

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₹12 L/yr - ₹20.8 L/yr

arrow icon 7% less
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VE Commercial Vehicles Senior Manager Salary

9 - 19 years exp. (96 salaries)

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₹17.5 L/yr - ₹36.5 L/yr

arrow icon 13% more
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₹6 L/yr - ₹13.5 L/yr

arrow icon 56% less
3 job openings
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Symbiotec Pharmalab Senior Manager Salary

16 - 25 years exp. (14 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 24% less
Senior Manager salary at Federal Bank ranges between ₹13.5 Lakhs to ₹22.4 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Senior Manager in Indore

4mo ago
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12 years exp.
8mo ago
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11 years exp.
1y ago
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12 years exp.
1y ago
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13 years exp.

Experience wise Federal Bank Senior Manager salaries in Indore

Last Updated: 25 Aug 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹39.8 L/yr
11 years (AmbitionBox Estimate)

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₹20 L/yr - ₹39.9 L/yr
12 years (AmbitionBox Estimate)

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₹18 L/yr - ₹40 L/yr
13 years (AmbitionBox Estimate)

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₹19 L/yr - ₹40.2 L/yr

Similar Designation salaries in Federal Bank

Officer Salary
(7 salaries)
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₹8.5 L/yr - ₹13.05 L/yr

Salary related reviews for Federal Bank

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

read more

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

 · 

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

 · 

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

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

read more
  • Work-life balance - Poor
see more salary related reviews

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Federal Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at Federal Bank Indore?
Senior Manager salary at Federal Bank in Indore ranges between ₹13.5 Lakhs to ₹22.4 Lakhs for experience between 10 years to 13 years. According to our estimates it is 25% more than the average Senior Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank Indore.
How does the salary of a Senior Manager at Federal Bank Indore compare with the average salary range for this job?
The average salary of a Senior Manager at Federal Bank is 25% more than the average salary of a Senior Manager in Indore. To know exact salary insights, login to view.
Which similar companies are paying more than Federal Bank to a Senior Manager in Indore?
  • VE Commercial Vehicles Senior Manager Salary - ₹17.5 Lakhs to ₹36.5 Lakhs per year
What is the salary of a Senior Manager in companies similar to Federal Bank in Indore?
  • Canara Bank Senior Manager Salary - ₹12.0 Lakhs to ₹20.8 Lakhs per year
  • Symbiotec Pharmalab Senior Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
  • Bandhan Bank Senior Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
  • ICICI Lombard General Insurance Company Senior Manager Salary - ₹6.0 Lakhs to ₹13.5 Lakhs per year
What is the estimated take home salary of a Senior Manager at Federal Bank in Indore?
The estimated take-home salary of a Senior Manager at Federal Bank ranges between ₹1,42,722 per month to ₹1,48,039 per month in Indore. The take-home salary calculation is based on the average Federal Bank Senior Manager salary in India which ranges between ₹13.5 Lakhs to ₹22.4 Lakhs per year for employees with experience between 10 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at Federal Bank in Indore?
According to AmbitionBox, 100% of the Federal Bank Senior Managers in Indore reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Senior Manager salary in Indore ranges between ₹13.5 Lakhs to ₹22.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Federal Bank latest salaries received from various employees of Federal Bank.