Federal Bank Territory Sales Manager Salaries by 5 Employees

5 - 10 years exp.

₹11 Lakhs - ₹26 Lakhs

Low Confidence

Salary of majority employees

Fixed (78%)

₹13.4 Lakhs

Variable (22%)

₹3.7 Lakhs

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127% more than the average Territory Sales Manager Salary in Banking Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Territory Sales Manager Salary 8 - 10 years exp. (3 salaries)	Unlock ₹20 L/yr - ₹26 L/yr
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Sales & Business Development Territory Sales Manager Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 17 Sep 2024

Companies similar to Federal Bank for Territory Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Territory Sales Manager Salary 5 - 15 years exp. (21 salaries)	Unlock ₹5 L/yr - ₹18 L/yr 41% less
ICICI Bank Territory Sales Manager Salary 5 - 12 years exp. (87 salaries)	Unlock ₹1.8 L/yr - ₹9 L/yr 74% less
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Axis Bank Territory Sales Manager Salary 4 - 12 years exp. (5 salaries)	Unlock ₹5.9 L/yr - ₹9 L/yr 65% less
Kotak Mahindra Bank Territory Sales Manager Salary 6 - 13 years exp. (69 salaries)	Unlock ₹3.8 L/yr - ₹10.1 L/yr 62% less
IndusInd Bank Territory Sales Manager Salary 6 - 10 years exp. (4 salaries)	Unlock ₹4.8 L/yr - ₹8.4 L/yr 61% less
Yes Bank Territory Sales Manager Salary 6 - 15 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹7.5 L/yr 69% less
IDFC FIRST Bank Territory Sales Manager Salary 1 - 12 years exp. (830 salaries)	Unlock ₹3.4 L/yr - ₹12.1 L/yr 51% less	2 job openings
RBL Bank Territory Sales Manager Salary 6 - 12 years exp. (3 salaries)	Unlock ₹5.2 L/yr - ₹8.5 L/yr 60% less
IDBI Bank Territory Sales Manager Salary 8 - 15 years exp. (30 salaries)	Unlock ₹3 L/yr - ₹6.5 L/yr 73% less
Jana Small Finance Bank Territory Sales Manager Salary 11 - 13 years exp. (4 salaries)	Unlock ₹13 L/yr - ₹16 L/yr 13% less
Standard Chartered Territory Sales Manager Salary 7 - 18 years exp. (3 salaries)	Unlock ₹5 L/yr - ₹10.5 L/yr 56% less
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Karur Vysya Bank Territory Sales Manager Salary 7 - 10 years exp. (3 salaries)	Unlock ₹4.5 L/yr - ₹6 L/yr 68% less

Territory Sales Manager salary at Federal Bank ranges between ₹11 Lakhs to ₹26 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Territory Sales Manager salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹11 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹10.7 L/yr - ₹13.6 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹14 L/yr - ₹27.2 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹7.3 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹20 L/yr - ₹38.9 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹9.9 L/yr - ₹26 L/yr

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Similar Designation salaries in Federal Bank

Senior Sales Manager Salary

(AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr

Territory Manager Salary

(6 salaries)

Unlock

₹15 L/yr - ₹16 L/yr

Assistant Sales Manager Salary

(5 salaries)

Unlock

₹3.25 L/yr - ₹8.38 L/yr

Area Sales Manager Salary

(9 salaries)

Unlock

₹7 L/yr - ₹14 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

Unlock

₹3.1 L/yr - ₹3.9 L/yr

Sales Manager Salary

(12 salaries)

Unlock

₹4.5 L/yr - ₹6.6 L/yr

Deputy Manager Salary

(3 salaries)

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₹5.39 L/yr - ₹9.66 L/yr

Area Manager Salary

(3 salaries)

Unlock

₹6.2 L/yr - ₹10 L/yr

Cluster Manager Salary

(4 salaries)

Unlock

₹0.8 L/yr - ₹6 L/yr

Relationship Manager Salary

(211 salaries)

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₹2 L/yr - ₹4.5 L/yr

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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Federal Bank Territory Sales Manager Salary FAQs

What is the salary of Territory Sales Manager at Federal Bank?

Territory Sales Manager salary at Federal Bank in India ranges between ₹11.0 Lakhs to ₹26.0 Lakhs for experience between 5 years to 10 years. According to our estimates it is 127% more than the average Territory Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Territory Sales Manager at Federal Bank is 127% more than the average salary of a Territory Sales Manager in India. To know exact salary insights, login to view.

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

Jana Small Finance Bank Territory Sales Manager Salary - ₹13.0 Lakhs to ₹16.0 Lakhs per year
HDFC Bank Territory Sales Manager Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year
IDFC FIRST Bank Territory Sales Manager Salary - ₹3.4 Lakhs to ₹12.1 Lakhs per year
Standard Chartered Territory Sales Manager Salary - ₹5.0 Lakhs to ₹10.5 Lakhs per year
RBL Bank Territory Sales Manager Salary - ₹5.2 Lakhs to ₹8.5 Lakhs per year

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

The estimated take-home salary of a Territory Sales Manager at Federal Bank ranges between ₹1,16,032 per month to ₹1,19,271 per month in India. The take-home salary calculation is based on the average Federal Bank Territory Sales Manager salary in India which ranges between ₹11.0 Lakhs to ₹26.0 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Federal Bank Territory Sales Managers reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Federal Bank Territory Sales Manager Salaries

Federal Bank Territory Sales Manager salary in India ranges between ₹11 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Federal Bank latest salaries received from various employees of Federal Bank.