Federal Bank Credit Underwriter Salaries by 5 Employees (Updated 2025)

2 - 6 years exp.

₹3.5 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

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136% more than the average Credit Underwriter Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Underwriter Salary 4 - 6 years exp. (3 salaries)	Unlock ₹15 L/yr - ₹20 L/yr
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Finance & Accounting Credit Underwriter Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹5.2 L/yr

Last Updated: 19 Apr 2024

Companies similar to Federal Bank for Credit Underwriter

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Underwriter Salary 0 - 8 years exp. (139 salaries)	Unlock ₹2.7 L/yr - ₹11 L/yr 37% less
ICICI Bank Credit Underwriter Salary 1 - 8 years exp. (26 salaries)	Unlock ₹1.6 L/yr - ₹10.6 L/yr 44% less
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Axis Bank Credit Underwriter Salary 1 - 10 years exp. (53 salaries)	Unlock ₹2.6 L/yr - ₹7 L/yr 55% less
Kotak Mahindra Bank Credit Underwriter Salary 0 - 7 years exp. (34 salaries)	Unlock ₹1.8 L/yr - ₹8.5 L/yr 65% less
IndusInd Bank Credit Underwriter Salary 0 - 5 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹3.7 L/yr 70% less
Yes Bank Credit Underwriter Salary 0 - 5 years exp. (10 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr 72% less
IDFC FIRST Bank Credit Underwriter Salary 1 - 6 years exp. (13 salaries)	Unlock ₹3.7 L/yr - ₹9.8 L/yr 38% less
RBL Bank Credit Underwriter Salary 1 - 7 years exp. (11 salaries)	Unlock ₹2.2 L/yr - ₹11.5 L/yr 38% less
Bandhan Bank Credit Underwriter Salary 0 - 6 years exp. (62 salaries)	Unlock ₹2.8 L/yr - ₹8.5 L/yr 63% less
Jana Small Finance Bank Credit Underwriter Salary 1 - 8 years exp. (183 salaries)	Unlock ₹1.5 L/yr - ₹5.1 L/yr 67% less
Standard Chartered Credit Underwriter Salary 1 - 5 years exp. (6 salaries)	Unlock ₹3.3 L/yr - ₹4.3 L/yr 68% less
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City Union Bank Credit Underwriter Salary 16 - 17 years exp. (6 salaries)	Unlock ₹15.6 L/yr - ₹17.9 L/yr 41% more
IDBI Bank Credit Underwriter Salary 5 - 14 years exp. (4 salaries)	Unlock ₹7.5 L/yr - ₹25 L/yr 53% more
Ujjivan Small Finance Bank Credit Underwriter Salary 2 - 6 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹5.2 L/yr 67% less
Emirates NBD Credit Underwriter Salary 7 - 14 years exp. (4 salaries)	Unlock ₹8 L/yr - ₹30 L/yr 55% more

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Credit Underwriter salary at Federal Bank ranges between ₹3.5 Lakhs to ₹20 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Credit Underwriter salaries

Last Updated: 19 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹5.2 L/yr - ₹12.6 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹6.1 L/yr - ₹20 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹7.8 L/yr - ₹20 L/yr

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Salary related reviews for Federal Bank

5.0

Rated by 1 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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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 Underwriter Salary FAQs

What is the salary of Credit Underwriter at Federal Bank?

Credit Underwriter salary at Federal Bank in India ranges between ₹3.5 Lakhs to ₹20.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 136% more than the average Credit Underwriter Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank India.

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

The average salary of a Credit Underwriter at Federal Bank is 136% more than the average salary of a Credit Underwriter in India. To know exact salary insights, login to view.

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

Emirates NBD Credit Underwriter Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank Credit Underwriter Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
City Union Bank Credit Underwriter Salary - ₹15.6 Lakhs to ₹17.9 Lakhs per year

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

HDFC Bank Credit Underwriter Salary - ₹2.7 Lakhs to ₹11.0 Lakhs per year
RBL Bank Credit Underwriter Salary - ₹2.2 Lakhs to ₹11.5 Lakhs per year
IDFC FIRST Bank Credit Underwriter Salary - ₹3.7 Lakhs to ₹9.8 Lakhs per year
ICICI Bank Credit Underwriter Salary - ₹1.6 Lakhs to ₹10.6 Lakhs per year
Axis Bank Credit Underwriter Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Credit Underwriter at Federal Bank ranges between ₹80,586 per month to ₹82,685 per month in India. The take-home salary calculation is based on the average Federal Bank Credit Underwriter salary in India which ranges between ₹3.5 Lakhs to ₹20.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Federal Bank Credit Underwriters reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Federal Bank Credit Underwriter Salaries

Federal Bank Credit Underwriter salary in India ranges between ₹3.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Federal Bank latest salaries received from various employees of Federal Bank.