Federal Bank Assistant Credit Manager Salaries by 4 Employees

3 - 10 years exp.

₹10.5 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

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159% more than the average Assistant Credit Manager Salary in Banking Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Credit Manager Salary 3 - 10 years exp. (AmbitionBox Estimate)	Unlock ₹10.5 L/yr - ₹12 L/yr
Finance & Accounting Assistant Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹13.2 L/yr
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Risk Management & Compliance Assistant Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 14 Jun 2024

Companies similar to Federal Bank for Assistant Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Credit Manager Salary 1 - 5 years exp. (60 salaries)	Unlock ₹2.4 L/yr - ₹9 L/yr 60% less
ICICI Bank Assistant Credit Manager Salary 0 - 6 years exp. (14 salaries)	Unlock ₹1.5 L/yr - ₹3.8 L/yr 79% less
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Axis Bank Assistant Credit Manager Salary 0 - 7 years exp. (37 salaries)	Unlock ₹2.7 L/yr - ₹5.5 L/yr 63% less
State Bank of India Assistant Credit Manager Salary 0 - 8 years exp. (5 salaries)	Unlock ₹5.8 L/yr - ₹18 L/yr 3% more
Kotak Mahindra Bank Assistant Credit Manager Salary 0 - 7 years exp. (22 salaries)	Unlock ₹2 L/yr - ₹4.1 L/yr 69% less
IndusInd Bank Assistant Credit Manager Salary 2 - 4 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 70% less
Yes Bank Assistant Credit Manager Salary 0 - 2 years exp. (5 salaries)	Unlock ₹4 L/yr - ₹5 L/yr 61% less
IDFC FIRST Bank Assistant Credit Manager Salary 1 - 7 years exp. (14 salaries)	Unlock ₹4 L/yr - ₹6.2 L/yr 61% less
Bandhan Bank Assistant Credit Manager Salary 0 - 2 years exp. (9 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr 68% less
Ujjivan Small Finance Bank Assistant Credit Manager Salary 2 - 8 years exp. (43 salaries)	Unlock ₹3.3 L/yr - ₹7.9 L/yr 51% less
Jana Small Finance Bank Assistant Credit Manager Salary 3 - 9 years exp. (13 salaries)	Unlock ₹3.1 L/yr - ₹5 L/yr 64% less
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Karur Vysya Bank Assistant Credit Manager Salary 7 - 10 years exp. (8 salaries)	Unlock ₹10 L/yr - ₹13 L/yr 5% less
Union Bank of India Assistant Credit Manager Salary 1 - 8 years exp. (7 salaries)	Unlock ₹4.5 L/yr - ₹13 L/yr 28% less
Utkarsh Small Finance Bank Assistant Credit Manager Salary 1 - 6 years exp. (7 salaries)	Unlock ₹2.4 L/yr - ₹3.6 L/yr 73% less
IDBI Bank Assistant Credit Manager Salary 4 - 8 years exp. (6 salaries)	Unlock ₹10 L/yr - ₹16 L/yr 11% more
Central Bank of India Assistant Credit Manager Salary 4 - 7 years exp. (5 salaries)	Unlock ₹7.1 L/yr - ₹11.8 L/yr 18% less
Standard Chartered Assistant Credit Manager Salary 4 - 13 years exp. (5 salaries)	Unlock ₹3.8 L/yr - ₹4.1 L/yr 66% less
City Union Bank Assistant Credit Manager Salary 3 - 7 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹7.5 L/yr 39% less
Canara Bank Assistant Credit Manager Salary 7 - 8 years exp. (3 salaries)	Unlock ₹14.5 L/yr - ₹15 L/yr 30% more

Assistant Credit Manager salary at Federal Bank ranges between ₹10.5 Lakhs to ₹12 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Assistant Credit Manager salaries

Last Updated: 14 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹13.8 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹4.8 L/yr - ₹12 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.7 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹10.3 L/yr - ₹13.2 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹10.1 L/yr - ₹12.9 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹9.9 L/yr - ₹12.6 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹10.5 L/yr - ₹19.3 L/yr

View all

Similar Designation salaries in Federal Bank

Regional Credit Manager Salary

(3 salaries)

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₹23 L/yr - ₹26 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

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₹13.2 L/yr - ₹16.9 L/yr

Branch Credit Manager Salary

(4 salaries)

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₹4 L/yr - ₹15 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

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₹21.6 L/yr - ₹27.6 L/yr

Credit Manager Salary

(87 salaries)

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₹10 L/yr - ₹20 L/yr

Senior Credit Officer Salary

(3 salaries)

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₹6 L/yr - ₹18 L/yr

Relationship Manager Salary

(211 salaries)

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₹2 L/yr - ₹4.5 L/yr

Branch Manager Salary

(47 salaries)

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₹8.2 L/yr - ₹22 L/yr

Assistant Vice President Salary

(26 salaries)

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₹14 L/yr - ₹42 L/yr

Chief Manager Salary

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₹18 L/yr - ₹26 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

Branch Manager in New Delhi

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.

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.

Associate Vice President in Thiruvananthapuram

Customer Success, Service & Operations Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

...ing.If we are deserving n performing well ,we will be noticed by the higher ups.Fair appraisals and good compensation n allowances also.

Salary - Good

+4 more

Dislikes

Top management decisions and policies are not conveyed to field level employees n we feel aliens at times.There should be a platform where one can raise a concern directly to a top leader.

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

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

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 Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at Federal Bank?

Assistant Credit Manager salary at Federal Bank in India ranges between ₹10.5 Lakhs to ₹12.0 Lakhs for experience between 3 years to 10 years. According to our estimates it is 159% more than the average Assistant Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Assistant Credit Manager at Federal Bank is 159% more than the average salary of a Assistant Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Assistant Credit Manager in India?

Canara Bank Assistant Credit Manager Salary - ₹14.5 Lakhs to ₹15.0 Lakhs per year
IDBI Bank Assistant Credit Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
State Bank of India Assistant Credit Manager Salary - ₹5.8 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Assistant Credit Manager in companies similar to Federal Bank in India?

Karur Vysya Bank Assistant Credit Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year
Central Bank of India Assistant Credit Manager Salary - ₹7.1 Lakhs to ₹11.8 Lakhs per year
Union Bank of India Assistant Credit Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
City Union Bank Assistant Credit Manager Salary - ₹7.0 Lakhs to ₹7.5 Lakhs per year
Ujjivan Small Finance Bank Assistant Credit Manager Salary - ₹3.3 Lakhs to ₹7.9 Lakhs per year

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

The estimated take-home salary of a Assistant Credit Manager at Federal Bank ranges between ₹81,983 per month to ₹84,122 per month in India. The take-home salary calculation is based on the average Federal Bank Assistant Credit Manager salary in India which ranges between ₹10.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Assistant Credit Manager at Federal Bank?

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

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Federal Bank Assistant Credit Manager Salaries

Federal Bank Assistant Credit Manager salary in India ranges between ₹10.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Federal Bank latest salaries received from various employees of Federal Bank.