Federal Bank Banking Officer Salaries by 5 Employees

0 - 3 years exp.

₹6.8 Lakhs - ₹10.8 Lakhs

Low Confidence

Salary of majority employees

98% more than the average Banking Officer Salary in Banking Companies for 0 - 3 years of experience

Interested in this particular role?

Last Updated: 7 May 2024

Companies similar to Federal Bank for Banking Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Banking Officer Salary 0 - 6 years exp. (564 salaries)	₹1.2 L/yr - ₹6.7 L/yr 55% less
IDFC FIRST Bank Banking Officer Salary 0 - 6 years exp. (497 salaries)	₹2 L/yr - ₹5.3 L/yr 57% less
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HDFC Bank Banking Officer Salary 0 - 8 years exp. (437 salaries)	₹1 L/yr - ₹6 L/yr 60% less
Axis Bank Banking Officer Salary 0 - 6 years exp. (229 salaries)	₹1.2 L/yr - ₹5.6 L/yr 59% less
Kotak Mahindra Bank Banking Officer Salary 1 - 6 years exp. (194 salaries)	₹1.6 L/yr - ₹5 L/yr 58% less
Bandhan Bank Banking Officer Salary 0 - 6 years exp. (142 salaries)	₹1 L/yr - ₹4.5 L/yr 70% less
IndusInd Bank Banking Officer Salary 1 - 6 years exp. (133 salaries)	₹1.5 L/yr - ₹6 L/yr 56% less
Yes Bank Banking Officer Salary 0 - 6 years exp. (102 salaries)	₹1.2 L/yr - ₹5.4 L/yr 60% less
Ujjivan Small Finance Bank Banking Officer Salary 0 - 7 years exp. (89 salaries)	₹1 L/yr - ₹5 L/yr 59% less
City Union Bank Banking Officer Salary 1 - 7 years exp. (78 salaries)	₹3 L/yr - ₹7.5 L/yr 37% less
Jana Small Finance Bank Banking Officer Salary 1 - 5 years exp. (59 salaries)	₹1 L/yr - ₹3.6 L/yr 71% less
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Standard Chartered Banking Officer Salary 1 - 10 years exp. (50 salaries)	₹2 L/yr - ₹6 L/yr 48% less
Utkarsh Small Finance Bank Banking Officer Salary 0 - 6 years exp. (46 salaries)	₹1.5 L/yr - ₹4.1 L/yr 66% less
Canara Bank Banking Officer Salary 4 - 12 years exp. (40 salaries)	₹4 L/yr - ₹15 L/yr 24% more
RBL Bank Banking Officer Salary 1 - 6 years exp. (35 salaries)	₹1.3 L/yr - ₹4.9 L/yr 60% less
Karnataka Bank Banking Officer Salary 0 - 13 years exp. (27 salaries)	₹4 L/yr - ₹13 L/yr 21% more
IDBI Bank Banking Officer Salary 2 - 15 years exp. (24 salaries)	₹6.6 L/yr - ₹17.8 L/yr 40% more
Karur Vysya Bank Banking Officer Salary 2 - 14 years exp. (13 salaries)	₹3.7 L/yr - ₹11 L/yr 9% less
Union Bank of India Banking Officer Salary 0 - 15 years exp. (10 salaries)	₹3 L/yr - ₹7.6 L/yr 31% less
UCO Bank Banking Officer Salary 8 - 14 years exp. (8 salaries)	₹6 L/yr - ₹16 L/yr 50% more

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Banking Officer salary at Federal Bank ranges between ₹6.8 Lakhs to ₹10.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Banking Officer salaries

Last Updated: 7 May 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹4 L/yr - ₹10.8 L/yr
1 year (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
3 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

Similar Designation salaries in Federal Bank

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(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

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(11 salaries)

₹9.42 L/yr - ₹12 L/yr

Senior Analyst Salary

(4 salaries)

₹14 L/yr - ₹21 L/yr

Deputy Manager Salary

(6 salaries)

₹6.55 L/yr - ₹13.42 L/yr

Senior Associate Salary

(6 salaries)

₹6.8 L/yr - ₹9.5 L/yr

Financial Analyst Salary

(5 salaries)

₹3.21 L/yr - ₹12.09 L/yr

Finance Executive Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Accountant Salary

(4 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Analyst Salary

(5 salaries)

₹3.62 L/yr - ₹13 L/yr

Team Lead Salary

(11 salaries)

₹3.39 L/yr - ₹4.2 L/yr

Salary related reviews for Federal Bank

4.0

Rated by 3 employees for salary & benefits

Senior Manager in Ernakulam

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2025

5.0

for Salary and Benefits

Likes

... consideration for posting based on personal issues. Opportunities for learning. Salary is at par with nationalised banks. Offers good job security.

Salary - Excellent

+5 more

Dislikes

The promotion process is subject to bias. Hands on training for new recruits can be improved.

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

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Federal Bank Banking Officer Salary FAQs

What is the salary of Banking Officer at Federal Bank ?

The average salary of a Banking Officer at Federal Bank in India typically ranges from ₹6.8 Lakhs to ₹10.8 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Banking Officer at Federal Bank earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. Banking Officer 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 estimates are based on salary data submitted by 5 Federal Bank employees in India.

What is the estimated take home salary of a Banking Officer at Federal Bank in India?

The estimated take-home salary of a Banking Officer at Federal Bank in India typically ranges from ₹58,282 to ₹59,750 per month. This is based on the average salary range of ₹6.8 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from Fresher to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Federal Bank for Banking Officer in India?

UCO Bank	₹6.0 Lakhs to ₹16.0 Lakhs per year
IDBI Bank	₹6.6 Lakhs to ₹17.8 Lakhs per year
Canara Bank	₹4.0 Lakhs to ₹15.0 Lakhs per year
Karnataka Bank	₹4.0 Lakhs to ₹13.0 Lakhs per year
J&K Bank	₹4.3 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Federal Bank, depending on the role and experience level.

What is the salary of a Banking Officer in companies similar to Federal Bank in India?

The salary of a Banking Officer at companies similar to Federal Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Karur Vysya Bank	₹3.7 Lakhs to ₹11.0 Lakhs per year
Central Bank of India	₹1.8 Lakhs to ₹6.2 Lakhs per year
HSBC Global Banking and Markets	₹5.5 Lakhs to ₹5.8 Lakhs per year
Union Bank of India	₹3.0 Lakhs to ₹7.6 Lakhs per year
City Union Bank	₹3.0 Lakhs to ₹7.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Banking Officer at Federal Bank in India?

The salary growth for a Banking Officer at Federal Bank depends on factors such as experience, performance, and promotions. On average, a Banking Officer can expect the following growth trajectory at Federal Bank:

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹10.8 Lakhs per year
1 year	₹7.4 Lakhs to ₹9.5 Lakhs per year
2 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
3 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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Federal Bank Banking Officer Salaries

Federal Bank Banking Officer salary in India ranges between ₹6.8 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Federal Bank latest salaries received from various employees of Federal Bank.