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Federal Bank Assistant Manager Salaries in India (Updated 2025)

based on 569 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
0 - 10 years exp. (686 salaries)
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₹6 L/yr - ₹20 L/yr

0 - 4 years exp. (208 salaries)
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₹2 L/yr - ₹4.5 L/yr

5 - 12 years exp. (46 salaries)
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₹8.1 L/yr - ₹22 L/yr

3 - 15 years exp. (11 salaries)
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₹4.5 L/yr - ₹6.6 L/yr

Starting your career? Discover Federal Bank fresher salaries in India
0 - 7 years exp. (11 salaries)
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₹3.4 L/yr - ₹4.2 L/yr

3 - 12 years exp. (10 salaries)
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₹5 L/yr - ₹16 L/yr

0 - 8 years exp. (7 salaries)
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₹8.4 L/yr - ₹21 L/yr

0 - 12 years exp. (6 salaries)
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₹4.1 L/yr - ₹21 L/yr

0 - 13 years exp. (6 salaries)
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₹4.5 L/yr - ₹13.8 L/yr

4 - 8 years exp. (6 salaries)
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₹6.8 L/yr - ₹9.5 L/yr

0 - 4 years exp. (6 salaries)
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₹2 L/yr - ₹3.1 L/yr

2 - 3 years exp. (5 salaries)
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₹5.2 L/yr - ₹13.3 L/yr

3 - 13 years exp. (3 salaries)
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₹7 L/yr - ₹11 L/yr

1 - 2 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

5 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

1 year exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

0 - 2 years exp. (275 salaries)
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₹5.5 L/yr - ₹16 L/yr

0 - 2 years exp. (138 salaries)
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₹7 L/yr - ₹16 L/yr

2 - 12 years exp. (87 salaries)
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₹10 L/yr - ₹20 L/yr

7 - 15 years exp. (74 salaries)
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₹19 L/yr - ₹37 L/yr

1 - 6 years exp. (66 salaries)
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₹8 L/yr - ₹19 L/yr

Last Updated: 2 Jan, 2025

Salary related reviews for Federal Bank

4.1

Rated by 119 employees for salary & benefits

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

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 04 Jan 2024

5.0
 for  Salary and Benefits

Likes

...ere are lots of certification courses and examination and higher study facility. If one can manages to study while working , and pass the exams , there will be increment in salary and the chances of promotion gets better . However , the promotion / appraisal is very structured. Every after 3 years and above are eligible for promotion and the probation period after promotion is 1 year. But , if one is dedicated, the career trajectory can be very good and one can actually retire from federal bank with lots of perks and benefits.

read more
  • Salary - Excellent
  • +2 more

Dislikes

There are different department in Federal Bank and different types of hierarchy. However, to change your department from branch to zonal office , or retail loan to forex headquarters etc is very difficult and almost based on constant request to HR or based out of pure luck. Every year , there will be transfer of your position and that might not be the scenario for change in your department. So one's career in the federal bank can be very upscaling and upward moving , however for someone who's struggling with location switch , might be very challenging.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 30 Nov 2023

4.0
 for  Salary and Benefits

Likes

Only the salary and benefits

  • Salary - Good

Dislikes

Here one doesn't get promotion on how well they have performed in developing new business or operational works etc, here ppl get promotion based on the contact and other personal benefits

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 09 Apr 2023

5.0
 for  Salary and Benefits

Likes

Job security, salary and benefits

  • Salary - Excellent
  • +1 more

Dislikes

HR deployment is the worst. It is not transparent. They don't consider talents. You may be forced to work in completely irrelevant roles even You are specialized in a particular field. HR is not concerned about learning and development. They just need a person to fill a vacancy. Worst HR policies.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 09 Nov 2022

5.0
 for  Salary and Benefits

Likes

Salary and allowances

  • Salary - Excellent
  • +2 more

Dislikes

The company work culture that promoted only persons doing insurance. Very pathetic appraisal system that relied solely on the immediete reporting officers oral comments than my work. Worst part is getting labled as arrogant when you try to explain your concerns to higher ups

read more
  • Skill development - Poor
  • +3 more
see more salary related reviews

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Federal Bank Salary FAQs

How much does Federal Bank pay per year?
The average Federal Bank salary ranges from approximately ₹0.2 Lakh to ₹2 Lakhs per year for a Data Entry Operator and ₹30 Lakhs to ₹55 Lakhs per year for a Vice President. Salary estimates are based on 569 Federal Bank salaries received from various employees of Federal Bank. Federal Bank employees rate the overall salary and benefits package 4.1/5 stars.
What is the highest salary in Federal Bank?
The highest-paying job at Federal Bank is a Vice President with a salary of ₹30 Lakhs to ₹55 Lakhs per year. The top 10% of employees earn more than ₹20 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in Federal Bank?
Minimum salary at Federal Bank depends on the role you are applying for. For Relationship Manager the minimum salary is ₹2 Lakhs to ₹4.5 Lakhs per year, and for Associate the minimum salary is ₹4 Lakhs to ₹10 Lakhs per year and so on.
What is the salary package for freshers in Federal Bank?
The average salary at Federal Bank for freshers varies from ₹1 Lakh to ₹3.3 Lakhs per year for Intern and ₹5.5 Lakhs to ₹16 Lakhs per year for Probationary Officer.
What is the notice period for Assistant Manager at Federal Bank?
According to AmbitionBox, 67% of the Federal Bank Assistant Managers reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 493 responses on AmbitionBox in last 2 years.

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Average annual salary for Assistant Manager in Federal Bank is INRunlock blur . Salary estimates are based on 569 Federal Bank latest salaries received from various employees of Federal Bank.

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