Federal Bank Credit Officer Salaries by 20+ Employees

0 - 6 years exp.

₹5.1 Lakhs - ₹16 Lakhs

Salary of majority employees

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199% more than the average Credit Officer Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 0 - 2 years exp. (6 salaries)	Unlock ₹4.8 L/yr - ₹16 L/yr
BFSI, Investments & Trading Credit Officer Salary 1 - 5 years exp. (4 salaries)	Unlock ₹5.8 L/yr - ₹14 L/yr
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Risk Management & Compliance Credit Officer Salary 2 - 6 years exp. (3 salaries)	Unlock ₹10.8 L/yr - ₹11.5 L/yr
Data Science & Analytics Credit Officer Salary 0 - 1 year exp. (AmbitionBox Estimate)	Unlock ₹8.5 L/yr - ₹10.7 L/yr

Last Updated: 7 Nov 2024

Companies similar to Federal Bank for Credit Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Officer Salary 2 - 8 years exp. (31 salaries)	Unlock ₹8.5 L/yr - ₹17 L/yr 7% more
ICICI Bank Credit Officer Salary 0 - 6 years exp. (118 salaries)	Unlock ₹1.2 L/yr - ₹4.7 L/yr 77% less
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HDFC Bank Credit Officer Salary 1 - 8 years exp. (251 salaries)	Unlock ₹1.2 L/yr - ₹4 L/yr 76% less
Axis Bank Credit Officer Salary 0 - 6 years exp. (175 salaries)	Unlock ₹1.2 L/yr - ₹6.8 L/yr 66% less	1 job opening
Punjab National Bank Credit Officer Salary 0 - 4 years exp. (6 salaries)	Unlock ₹5.3 L/yr - ₹12 L/yr 2% less
Bank of Baroda Credit Officer Salary 5 - 12 years exp. (106 salaries)	Unlock ₹6 L/yr - ₹20 L/yr 28% more
Canara Bank Credit Officer Salary 7 - 12 years exp. (16 salaries)	Unlock ₹8 L/yr - ₹19.5 L/yr 21% more
Union Bank of India Credit Officer Salary 2 - 13 years exp. (18 salaries)	Unlock ₹6.5 L/yr - ₹19.5 L/yr 14% more
IDBI Bank Credit Officer Salary 0 - 13 years exp. (16 salaries)	Unlock ₹7 L/yr - ₹18 L/yr 30% more
Bank of India Credit Officer Salary 0 - 7 years exp. (72 salaries)	Unlock ₹5 L/yr - ₹14 L/yr 6% less
Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (290 salaries)	Unlock ₹1.9 L/yr - ₹6 L/yr 61% less
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Utkarsh Small Finance Bank Credit Officer Salary 0 - 4 years exp. (240 salaries)	Unlock ₹1.5 L/yr - ₹4.1 L/yr 76% less	1 job opening
RBL Bank Credit Officer Salary 0 - 7 years exp. (169 salaries)	Unlock ₹1.4 L/yr - ₹4.3 L/yr 75% less
IndusInd Bank Credit Officer Salary 1 - 9 years exp. (137 salaries)	Unlock ₹1.5 L/yr - ₹4.2 L/yr 74% less
Kotak Mahindra Bank Credit Officer Salary 1 - 6 years exp. (96 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr 75% less
Yes Bank Credit Officer Salary 2 - 10 years exp. (50 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 74% less
Jana Small Finance Bank Credit Officer Salary 1 - 7 years exp. (47 salaries)	Unlock ₹1.3 L/yr - ₹3.5 L/yr 75% less
IDFC FIRST Bank Credit Officer Salary 0 - 8 years exp. (41 salaries)	Unlock ₹2.1 L/yr - ₹4.9 L/yr 73% less
Bandhan Bank Credit Officer Salary 0 - 9 years exp. (36 salaries)	Unlock ₹1.3 L/yr - ₹5 L/yr 69% less
Karur Vysya Bank Credit Officer Salary 8 - 11 years exp. (13 salaries)	Unlock ₹7.5 L/yr - ₹15 L/yr 7% less

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Credit Officer salary at Federal Bank ranges between ₹5.1 Lakhs to ₹16 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 21 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Credit Officer

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1 year exp.

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5 years exp.

6mo ago

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2 years exp.

9mo ago

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5 months exp.

1y ago

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2 years exp.

1y ago

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5 years exp.

1y ago

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6 years exp.

1y ago

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1 year exp.

1y ago

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1 year exp.

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2 years exp.

Experience wise Federal Bank Credit Officer salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	Unlock ₹6.9 L/yr - ₹13.5 L/yr
1 year (6 salaries)	Unlock ₹4.4 L/yr - ₹15 L/yr
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2 years (5 salaries)	Unlock ₹10 L/yr - ₹16 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹11.5 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹9.8 L/yr - ₹12.5 L/yr
5 years (4 salaries)	Unlock ₹6 L/yr - ₹14 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.4 L/yr - ₹11.5 L/yr

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₹10 L/yr - ₹20 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr

Credit Analyst Salary

(66 salaries)

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₹8 L/yr - ₹19 L/yr

Senior Credit Officer Salary

(3 salaries)

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₹6 L/yr - ₹18 L/yr

Officer Salary

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Credit Underwriter Salary

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₹3.5 L/yr - ₹20 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

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₹1.4 L/yr - ₹1.8 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

(3 salaries)

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₹5.39 L/yr - ₹9.66 L/yr

Salary related reviews for Federal Bank

4.3

Rated by 4 employees for salary & benefits

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 Credit Officer Salary FAQs

What is the salary of Credit Officer at Federal Bank?

Credit Officer salary at Federal Bank in India ranges between ₹5.1 Lakhs to ₹16.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 199% more than the average Credit Officer Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Credit Officer at Federal Bank is 199% more than the average salary of a Credit Officer in India. To know exact salary insights, login to view.

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

Emirates NBD Credit Officer Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Central Bank of India Credit Officer Salary - ₹12.4 Lakhs to ₹21.5 Lakhs per year
UCO Bank Credit Officer Salary - ₹13.2 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Credit Officer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda Credit Officer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year

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

Canara Bank Credit Officer Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year
Union Bank of India Credit Officer Salary - ₹6.5 Lakhs to ₹19.5 Lakhs per year
State Bank of India Credit Officer Salary - ₹8.5 Lakhs to ₹17.0 Lakhs per year
Punjab National Bank Credit Officer Salary - ₹5.3 Lakhs to ₹12.0 Lakhs per year
Bank of India Credit Officer Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Credit Officer at Federal Bank ranges between ₹77,687 per month to ₹79,704 per month in India. The take-home salary calculation is based on the average Federal Bank Credit Officer salary in India which ranges between ₹5.1 Lakhs to ₹16.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at Federal Bank?

According to AmbitionBox, 55% of the Federal Bank Credit Officers reported a notice period of 3 Months, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Federal Bank Credit Officer Salaries by Location

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Federal Bank Credit Officer Salaries

Federal Bank Credit Officer salary in India ranges between ₹5.1 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Federal Bank latest salaries received from various employees of Federal Bank.