Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Federal Bank Team. If you also belong to the team, you can get access from here

Federal Bank Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Federal Bank Credit Manager salaries in Chennai

Annual salary range
2 - 10 years exp.
₹10 Lakhs - ₹20 Lakhs
Salary of majority employees
unlock blur
unlock blur

82% more than the average Credit Manager Salary in Banking Companies for 2 - 10 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
4 - 8 years exp. (7 salaries)
unlock-blur

₹10 L/yr - ₹16 L/yr

Finance & Accounting
Credit Manager Salary
2 - 10 years exp. (3 salaries)
unlock-blur

₹10 L/yr - ₹20 L/yr

Last Updated: 13 Dec 2024

Companies similar to Federal Bank for Credit Manager in Chennai

Logo
Federal Bank Credit Manager Salary

2 - 10 years exp. (11 salaries)

unlock blur

₹10 L/yr - ₹20 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
ICICI Bank Credit Manager Salary

0 - 11 years exp. (173 salaries)

unlock blur

₹3.8 L/yr - ₹15 L/yr

arrow icon 39% less
Logo
HDFC Bank Credit Manager Salary

0 - 11 years exp. (165 salaries)

unlock blur

₹3.5 L/yr - ₹13.5 L/yr

arrow icon 45% less
12 job openings
Logo
Yes Bank Credit Manager Salary

1 - 11 years exp. (55 salaries)

unlock blur

₹3 L/yr - ₹11.1 L/yr

arrow icon 51% less
1 job opening
Logo
Axis Bank Credit Manager Salary

0 - 12 years exp. (47 salaries)

unlock blur

₹4 L/yr - ₹14 L/yr

arrow icon 39% less
Logo
Kotak Mahindra Bank Credit Manager Salary

0 - 9 years exp. (36 salaries)

unlock blur

₹4 L/yr - ₹12.6 L/yr

arrow icon 39% less
Logo
IDFC FIRST Bank Credit Manager Salary

1 - 10 years exp. (33 salaries)

unlock blur

₹3.5 L/yr - ₹12 L/yr

arrow icon 50% less
Logo
IndusInd Bank Credit Manager Salary

3 - 12 years exp. (18 salaries)

unlock blur

₹3.5 L/yr - ₹13.6 L/yr

arrow icon 48% less
9 job openings
Logo
Jana Small Finance Bank Credit Manager Salary

4 - 11 years exp. (14 salaries)

unlock blur

₹3.5 L/yr - ₹6.6 L/yr

arrow icon 66% less
Logo
Karur Vysya Bank Credit Manager Salary

4 - 12 years exp. (9 salaries)

unlock blur

₹6.3 L/yr - ₹13.9 L/yr

arrow icon 32% less
unlock blur

₹4.2 L/yr - ₹5.6 L/yr

arrow icon 67% less
Credit Manager salary at Federal Bank ranges between ₹10 Lakhs to ₹20 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 11 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Credit Manager in Chennai

3mo ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
10 years exp.

Experience wise Federal Bank Credit Manager salaries in Chennai

Last Updated: 13 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

unlock blur

₹13.4 L/yr - ₹17.1 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹13.4 L/yr - ₹17.1 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹13.5 L/yr - ₹17.2 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹13.5 L/yr - ₹17.3 L/yr
6 years  (3 salaries)

unlock blur

₹10 L/yr - ₹27.2 L/yr
View all

Similar Designation salaries in Federal Bank

Credit Analyst Salary
(8 salaries)
unlock blur
₹10 L/yr - ₹18 L/yr
Branch Manager Salary
(3 salaries)
unlock blur
₹4.45 L/yr - ₹13.41 L/yr

Salary related reviews for Federal Bank

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

 · 

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

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
see more salary related reviews

Discover interview dos and don'ts from real experiences

Federal Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Federal Bank in Chennai?
The average salary of a Credit Manager at Federal Bank in Chennai typically ranges from ₹10.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Credit Manager in Chennai at Federal Bank earn more than ₹17.6 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Credit Manager 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 10+ Federal Bank employees in India.
What is the estimated take home salary of a Credit Manager at Federal Bank in Chennai?
The estimated take-home salary of a Credit Manager at Federal Bank in Chennai typically ranges from ₹1,04,404 to ₹1,07,268 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 2 years to 10 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 10+ salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Credit Manager in companies similar to Federal Bank in Chennai?
The salary of a Credit Manager at companies similar to Federal Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Karur Vysya Bank ₹6.3 Lakhs to ₹13.9 Lakhs per year
Axis Bank ₹4.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank ₹3.8 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank ₹4.0 Lakhs to ₹12.6 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹13.5 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 Credit Manager at Federal Bank in Chennai?
The salary growth for a Credit Manager at Federal Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Chennai can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
2 years ₹13.4 Lakhs to ₹17.1 Lakhs per year
3 years ₹13.4 Lakhs to ₹17.1 Lakhs per year
4 years ₹13.5 Lakhs to ₹17.2 Lakhs per year
5 years ₹13.5 Lakhs to ₹17.3 Lakhs per year
and so on.

Tell us how to improve this page.

Federal Bank Credit Manager salary in Chennai ranges between ₹10 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Federal Bank latest salaries received from various employees of Federal Bank.