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Federal Bank Clerk Salaries in India

based on 77 latest salaries
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BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
0 - 6 years exp. (55 salaries)
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₹4 L/yr - ₹8.5 L/yr

8 - 10 years exp. (4 salaries)
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₹18 L/yr - ₹20 L/yr

4 - 11 years exp. (4 salaries)
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₹9.5 L/yr - ₹14 L/yr

0 - 6 years exp. (4 salaries)
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₹2 L/yr - ₹5.4 L/yr

2 - 3 years exp. (4 salaries)
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₹10 L/yr - ₹13.3 L/yr

0 - 28 years exp. (4 salaries)
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₹4.8 L/yr - ₹12 L/yr

1 - 16 years exp. (4 salaries)
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₹9 L/yr - ₹21.5 L/yr

12 - 16 years exp. (4 salaries)
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₹21 L/yr - ₹24 L/yr

1 - 5 years exp. (4 salaries)
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₹6 L/yr - ₹7.3 L/yr

6 - 11 years exp. (4 salaries)
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₹0.8 L/yr - ₹6 L/yr

0 - 3 years exp. (4 salaries)
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₹1.8 L/yr - ₹5 L/yr

1 - 10 years exp. (4 salaries)
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₹5 L/yr - ₹14.2 L/yr

1 - 2 years exp. (4 salaries)
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₹14 L/yr - ₹16 L/yr

2 - 4 years exp. (4 salaries)
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₹2.4 L/yr - ₹3.5 L/yr

0 - 6 years exp. (4 salaries)
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₹3.5 L/yr - ₹12.5 L/yr

4 - 9 years exp. (4 salaries)
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₹2.7 L/yr - ₹5 L/yr

3 - 10 years exp. (4 salaries)
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₹10.5 L/yr - ₹12 L/yr

0 - 5 years exp. (4 salaries)
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₹3 L/yr - ₹4.6 L/yr

2 - 5 years exp. (4 salaries)
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₹11.5 L/yr - ₹15 L/yr

0 - 7 years exp. (4 salaries)
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₹6 L/yr - ₹17.5 L/yr

Last Updated: 2 Nov, 2024

Salary related reviews for Federal Bank

4.4

Rated by 25 employees for salary & benefits

Finance & Accounting Department

4.0
  •  posted on 11 Aug 2020

5.0
 for  Salary and Benefits

Likes

...traveling allowance for additional cost incurred while traveling under lockdown. We were allowed to work on rotational basis and were given additional pay for everyday branch attended during Covid.

read more
  • Salary - Excellent
  • +5 more

Finance & Accounting Department

4.0
  •  posted on 12 Dec 2019

5.0
 for  Salary and Benefits

Likes

Federal bank pays a very good package with comparison to other Banks. Very good scope for learning and development.

read more
  • Salary - Excellent
  • +4 more

Dislikes

With high level of job security, performance of some staff is abysmal. It discourages performers to perform as performers are only given recognition, no monetary benefits.

read more

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

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

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Federal Bank Salary FAQs

How much does Federal Bank pay to its employees?
The average annual salary at Federal Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Federal Bank, are as follows:

Clerk ₹4 Lakhs to ₹8.5 Lakhs per year
Wealth Manager ₹18 Lakhs to ₹20 Lakhs per year
Assistant Manager- HR ₹9.5 Lakhs to ₹14 Lakhs per year
Cashier cum Clerk ₹2 Lakhs to ₹5.4 Lakhs per year

The highest-paying role, Vice President, earns between ₹30 Lakhs to ₹55 Lakhs per year. The top 10% of employees earn more than ₹20 Lakhs per year, and the top 1% earn over ₹36 Lakhs per year. 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 salary estimates are based on data from 77 salaries submitted by Federal Bank employees. Federal Bank is rated 4.4 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Federal Bank in India?
The salary of a fresher at Federal Bank in India typically ranges from ₹1 Lakh to ₹16 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Probationary Officer Salary ₹5.5 Lakhs to ₹16 Lakhs per year
Fresher as a Officer Salary ₹7.5 Lakhs to ₹16 Lakhs per year
Fresher as a Junior Officer Salary ₹7 Lakhs to ₹13 Lakhs per year
Fresher as a Relationship Manager Salary ₹2 Lakhs to ₹4 Lakhs per year

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Average annual salary for Clerk in Federal Bank is INRunlock blur . Salary estimates are based on 77 Federal Bank latest salaries received from various employees of Federal Bank.

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