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Federal Bank Credit Officer salaries in Mumbai

Annual salary range
1 - 3 years exp.
₹4.7 Lakhs - ₹16 Lakhs
Salary of majority employees
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171% more than the average Credit Officer Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Officer Salary
1 - 2 years exp. (3 salaries)
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₹5.8 L/yr - ₹12 L/yr

Finance & Accounting
Credit Officer Salary
1 - 2 years exp. (3 salaries)
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₹11 L/yr - ₹16 L/yr

Risk Management & Compliance
Credit Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹11.5 L/yr

Last Updated: 21 Aug 2024

Companies similar to Federal Bank for Credit Officer in Mumbai

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Federal Bank Credit Officer Salary

1 - 3 years exp. (8 salaries)

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₹4.7 L/yr - ₹16 L/yr

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

4 - 6 years exp. (3 salaries)

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₹12 L/yr - ₹17 L/yr

arrow icon 43% more
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ICICI Bank Credit Officer Salary

0 - 7 years exp. (13 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 76% less
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HDFC Bank Credit Officer Salary

1 - 8 years exp. (18 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 75% less
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Axis Bank Credit Officer Salary

1 - 6 years exp. (8 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 65% less
1 job opening
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Bank of Baroda Credit Officer Salary

5 - 12 years exp. (5 salaries)

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₹8 L/yr - ₹15 L/yr

arrow icon 31% more
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Union Bank of India Credit Officer Salary

8 - 10 years exp. (3 salaries)

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₹8.8 L/yr - ₹10.7 L/yr

arrow icon 1% less
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Bank of India Credit Officer Salary

6 - 7 years exp. (4 salaries)

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₹8 L/yr - ₹13.5 L/yr

arrow icon 4% more
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₹2.9 L/yr - ₹5 L/yr

arrow icon 59% less
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RBL Bank Credit Officer Salary

1 - 7 years exp. (25 salaries)

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₹2 L/yr - ₹4.4 L/yr

arrow icon 72% less
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Kotak Mahindra Bank Credit Officer Salary

1 - 6 years exp. (16 salaries)

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₹1.5 L/yr - ₹2.9 L/yr

arrow icon 77% less
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IndusInd Bank Credit Officer Salary

1 - 7 years exp. (9 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 74% less
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Yes Bank Credit Officer Salary

2 - 7 years exp. (6 salaries)

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₹2.4 L/yr - ₹3.2 L/yr

arrow icon 74% less
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Karnataka Bank Credit Officer Salary

7 - 10 years exp. (4 salaries)

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₹9.5 L/yr - ₹12 L/yr

arrow icon 6% more
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IDFC FIRST Bank Credit Officer Salary

3 - 5 years exp. (3 salaries)

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₹2.2 L/yr - ₹3 L/yr

arrow icon 74% less
Credit Officer salary at Federal Bank ranges between ₹4.7 Lakhs to ₹16 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 8 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Credit Officer in Mumbai

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Experience wise Federal Bank Credit Officer salaries in Mumbai

Last Updated: 21 Aug 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹4.2 L/yr - ₹10.9 L/yr
2 years  (4 salaries)

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₹4.3 L/yr - ₹16 L/yr
3 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹11.5 L/yr

Similar Designation salaries in Federal Bank

Credit Manager Salary
(33 salaries)
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₹11 L/yr - ₹20 L/yr
Officer Salary
(32 salaries)
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₹7.5 L/yr - ₹15 L/yr
Credit Analyst Salary
(20 salaries)
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₹8 L/yr - ₹19 L/yr

Salary related reviews for Federal Bank

5.0

Rated by 1 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 Officer Salary FAQs

What is the salary of Credit Officer at Federal Bank Mumbai?
Credit Officer salary at Federal Bank in Mumbai ranges between ₹4.7 Lakhs to ₹16.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 171% more than the average Credit Officer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Federal Bank Mumbai.
How does the salary of a Credit Officer at Federal Bank Mumbai compare with the average salary range for this job?
The average salary of a Credit Officer at Federal Bank is 171% more than the average salary of a Credit Officer in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Federal Bank to a Credit Officer in Mumbai?
  • State Bank of India Credit Officer Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
  • Bank of Baroda Credit Officer Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
  • Karnataka Bank Credit Officer Salary - ₹9.5 Lakhs to ₹12.0 Lakhs per year
  • Bank of India Credit Officer Salary - ₹8.0 Lakhs to ₹13.5 Lakhs per year
What is the salary of a Credit Officer in companies similar to Federal Bank in Mumbai?
  • Union Bank of India Credit Officer Salary - ₹8.8 Lakhs to ₹10.7 Lakhs per year
  • Ujjivan Small Finance Bank Credit Officer Salary - ₹2.9 Lakhs to ₹5.0 Lakhs per year
  • Axis Bank Credit Officer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
  • RBL Bank Credit Officer Salary - ₹2.0 Lakhs to ₹4.4 Lakhs per year
  • Yes Bank Credit Officer Salary - ₹2.4 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Credit Officer at Federal Bank in Mumbai?
The estimated take-home salary of a Credit Officer at Federal Bank ranges between ₹77,331 per month to ₹79,338 per month in Mumbai. The take-home salary calculation is based on the average Federal Bank Credit Officer salary in India which ranges between ₹4.7 Lakhs to ₹16.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
What is the notice period for Credit Officer at Federal Bank in Mumbai?
According to AmbitionBox, 100% of the Federal Bank Credit Officers in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Credit Officer salary in Mumbai ranges between ₹4.7 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Federal Bank latest salaries received from various employees of Federal Bank.