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Federal Bank Credit Manager salaries in India (Updated 2025)

Annual salary range
2 - 12 years exp.
₹10 Lakhs - ₹20 Lakhs
Salary of majority employees
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99% more than the average Credit Manager Salary in Banking Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
2 - 12 years exp. (51 salaries)
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₹10 L/yr - ₹20 L/yr

Finance & Accounting
Credit Manager Salary
2 - 12 years exp. (13 salaries)
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₹10 L/yr - ₹20 L/yr

Risk Management & Compliance
Credit Manager Salary
2 - 12 years exp. (6 salaries)
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₹13 L/yr - ₹20 L/yr

Data Science & Analytics
Credit Manager Salary
5 - 11 years exp. (3 salaries)
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₹12 L/yr - ₹15.5 L/yr

Product Management
Credit Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹16.5 L/yr - ₹19 L/yr

Last Updated: 3 Feb 2025

Companies similar to Federal Bank for Credit Manager

Company name Avg Annual Salary Open Jobs
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State Bank of India Credit Manager Salary

3 - 14 years exp. (47 salaries)

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₹10 L/yr - ₹32 L/yr

arrow icon 26% more
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.3k salaries)

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₹4 L/yr - ₹17.5 L/yr

arrow icon 36% less
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (2.7k salaries)

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₹3.5 L/yr - ₹14.1 L/yr

arrow icon 46% less
5 job openings
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Axis Bank Credit Manager Salary

0 - 12 years exp. (818 salaries)

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₹3.5 L/yr - ₹14.8 L/yr

arrow icon 44% less
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (1k salaries)

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₹3.7 L/yr - ₹14.5 L/yr

arrow icon 42% less
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Yes Bank Credit Manager Salary

0 - 10 years exp. (442 salaries)

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₹4.2 L/yr - ₹14.6 L/yr

arrow icon 45% less
1 job opening
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (676 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 50% less
1 job opening
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (231 salaries)

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₹2.9 L/yr - ₹13 L/yr

arrow icon 50% less
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Punjab National Bank Credit Manager Salary

4 - 9 years exp. (45 salaries)

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₹6.8 L/yr - ₹20 L/yr

arrow icon 3% more
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Bank of Baroda Credit Manager Salary

4 - 13 years exp. (208 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 11% more
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Bandhan Bank Credit Manager Salary

0 - 11 years exp. (401 salaries)

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₹2.5 L/yr - ₹10 L/yr

arrow icon 61% less
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Utkarsh Small Finance Bank Credit Manager Salary

1 - 10 years exp. (280 salaries)

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₹2 L/yr - ₹8.6 L/yr

arrow icon 69% less
2 job openings
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Jana Small Finance Bank Credit Manager Salary

2 - 12 years exp. (189 salaries)

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₹1.5 L/yr - ₹10 L/yr

arrow icon 62% less
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RBL Bank Credit Manager Salary

2 - 10 years exp. (141 salaries)

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₹2.4 L/yr - ₹11.3 L/yr

arrow icon 58% less
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Ujjivan Small Finance Bank Credit Manager Salary

0 - 10 years exp. (133 salaries)

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₹2.7 L/yr - ₹10.6 L/yr

arrow icon 64% less
1 job opening
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IDBI Bank Credit Manager Salary

2 - 17 years exp. (111 salaries)

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₹8 L/yr - ₹28.9 L/yr

arrow icon 20% more
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Karur Vysya Bank Credit Manager Salary

1 - 12 years exp. (82 salaries)

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₹6 L/yr - ₹16 L/yr

arrow icon 33% less
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Standard Chartered Credit Manager Salary

4 - 12 years exp. (55 salaries)

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₹7 L/yr - ₹22 L/yr

arrow icon 11% less
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Union Bank of India Credit Manager Salary

6 - 11 years exp. (39 salaries)

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₹6.6 L/yr - ₹20 L/yr

arrow icon 1% less
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Canara Bank Credit Manager Salary

7 - 12 years exp. (36 salaries)

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₹11.1 L/yr - ₹26 L/yr

arrow icon 21% more
View all

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Credit Manager salary at Federal Bank ranges between ₹10 Lakhs to ₹20 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 87 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Credit Manager

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7 years exp.
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10 years exp.
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4 years exp.
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9 years exp.
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7 years exp.
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Experience wise Federal Bank Credit Manager salaries

Last Updated: 3 Feb 2025

Experience Avg Annual Salary
2 years  (10 salaries)

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₹11 L/yr - ₹17.5 L/yr
3 years  (6 salaries)

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₹13.5 L/yr - ₹16.5 L/yr
4 years  (8 salaries)

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₹10 L/yr - ₹18 L/yr
5 years  (9 salaries)

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₹12 L/yr - ₹19 L/yr
6 years  (8 salaries)

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₹10 L/yr - ₹19 L/yr
View all

Similar Designation salaries in Federal Bank

Credit Officer Salary
(21 salaries)
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₹5.08 L/yr - ₹16 L/yr
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹13.2 L/yr - ₹16.9 L/yr
Branch Manager Salary
(46 salaries)
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₹8.1 L/yr - ₹22 L/yr
Deputy Manager Salary
(6 salaries)
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₹4.5 L/yr - ₹13.8 L/yr
Chief Manager Salary
(3 salaries)
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₹18 L/yr - ₹26 L/yr
Credit Analyst Salary
(66 salaries)
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₹8 L/yr - ₹19 L/yr
Zonal Credit Manager Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr
Sales Manager Salary
(11 salaries)
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₹4.5 L/yr - ₹6.6 L/yr
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₹4 L/yr - ₹15 L/yr
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₹23 L/yr - ₹26 L/yr
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Salary related reviews for Federal Bank

3.7

Rated by 8 employees for salary & benefits

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

read more

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

 · 

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.

read more
  • 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.

read more

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.

read more
  • 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.

read 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

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

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Federal Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Federal Bank?
Credit Manager salary at Federal Bank in India ranges between ₹10.0 Lakhs to ₹20.0 Lakhs for experience between 2 years to 12 years. According to our estimates it is 99% more than the average Credit Manager Salary in India. Salary estimates are based on 87 latest salaries received from various employees of Federal Bank India.
How does the salary of a Credit Manager at Federal Bank India compare with the average salary range for this job?
The average salary of a Credit Manager at Federal Bank is 99% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Federal Bank to a Credit Manager in India?
  • State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
  • Canara Bank Credit Manager Salary - ₹11.1 Lakhs to ₹26.0 Lakhs per year
  • IDBI Bank Credit Manager Salary - ₹8.0 Lakhs to ₹28.9 Lakhs per year
  • Bank of Baroda Credit Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
  • Punjab National Bank Credit Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to Federal Bank in India?
  • Union Bank of India Credit Manager Salary - ₹6.6 Lakhs to ₹20.0 Lakhs per year
  • Standard Chartered Credit Manager Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year
  • Central Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
  • Karnataka Bank Credit Manager Salary - ₹10.5 Lakhs to ₹15.0 Lakhs per year
  • Corporation Bank Credit Manager Salary - ₹9.5 Lakhs to ₹20.0 Lakhs per year
What is the estimated take home salary of a Credit Manager at Federal Bank in India?
The estimated take-home salary of a Credit Manager at Federal Bank ranges between ₹1,06,785 per month to ₹1,09,726 per month in India. The take-home salary calculation is based on the average Federal Bank Credit Manager salary in India which ranges between ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at Federal Bank?
According to AmbitionBox, 85% of the Federal Bank Credit Managers reported a notice period of 3 Months, 5% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 41 responses on AmbitionBox in last 2 years.

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Federal Bank Credit Manager salary in India ranges between ₹10 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 87 Federal Bank latest salaries received from various employees of Federal Bank.

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