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Federal Bank Credit Underwriter salaries in India

Annual salary range
2 - 6 years exp.
₹3.5 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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127% 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)
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₹15 L/yr - ₹20 L/yr

Finance & Accounting
Credit Underwriter Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹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
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₹1.5 L/yr - ₹5.1 L/yr

arrow icon 67% less
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HDFC Bank Credit Underwriter Salary

0 - 8 years exp. (120 salaries)

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₹3 L/yr - ₹11 L/yr

arrow icon 37% less
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Bandhan Bank Credit Underwriter Salary

0 - 2 years exp. (52 salaries)

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₹2 L/yr - ₹7.2 L/yr

arrow icon 64% less
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Axis Bank Credit Underwriter Salary

1 - 10 years exp. (53 salaries)

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₹2.6 L/yr - ₹7 L/yr

arrow icon 55% less
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Kotak Mahindra Bank Credit Underwriter Salary

0 - 7 years exp. (34 salaries)

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₹1.8 L/yr - ₹8.5 L/yr

arrow icon 65% less
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ICICI Bank Credit Underwriter Salary

1 - 8 years exp. (26 salaries)

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₹1.2 L/yr - ₹10.6 L/yr

arrow icon 45% less
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IDFC FIRST Bank Credit Underwriter Salary

1 - 6 years exp. (13 salaries)

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₹3.7 L/yr - ₹9.8 L/yr

arrow icon 38% less
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RBL Bank Credit Underwriter Salary

1 - 7 years exp. (11 salaries)

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₹2.2 L/yr - ₹11.5 L/yr

arrow icon 38% less
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Yes Bank Credit Underwriter Salary

0 - 5 years exp. (10 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 72% less
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City Union Bank Credit Underwriter Salary

16 - 17 years exp. (6 salaries)

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₹15.6 L/yr - ₹17.9 L/yr

arrow icon 41% more
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Standard Chartered Credit Underwriter Salary

1 - 5 years exp. (5 salaries)

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₹3.3 L/yr - ₹5 L/yr

arrow icon 64% less
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IDBI Bank Credit Underwriter Salary

5 - 14 years exp. (4 salaries)

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₹7.5 L/yr - ₹25 L/yr

arrow icon 53% more
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IndusInd Bank Credit Underwriter Salary

0 - 5 years exp. (4 salaries)

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₹2.4 L/yr - ₹3.7 L/yr

arrow icon 70% less
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₹2.5 L/yr - ₹5.2 L/yr

arrow icon 67% less
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Emirates NBD Credit Underwriter Salary

7 - 14 years exp. (4 salaries)

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₹8 L/yr - ₹30 L/yr

arrow icon 55% more
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.

Latest annual salaries shared by Federal Bank Credit Underwriter

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2 years exp.
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6 years exp.
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Experience wise Federal Bank Credit Underwriter salaries

Last Updated: 19 Apr 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹12.6 L/yr
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)

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₹6.1 L/yr - ₹20 L/yr
6 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹20 L/yr

Similar Designation salaries in Federal Bank

Credit Officer Salary
(22 salaries)
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₹5.32 L/yr - ₹16 L/yr
Credit Executive Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Credit Analyst Salary
(73 salaries)
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₹9 L/yr - ₹22 L/yr
Credit Manager Salary
(82 salaries)
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₹10 L/yr - ₹20 L/yr
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹13.2 L/yr - ₹16.9 L/yr
Branch Manager Salary
(47 salaries)
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₹8.2 L/yr - ₹22 L/yr
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₹6.8 L/yr - ₹9.5 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Deputy Manager Salary
(6 salaries)
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₹6.55 L/yr - ₹13.42 L/yr
Chief Manager Salary
(3 salaries)
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₹18 L/yr - ₹26 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.

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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

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Federal Bank Credit Underwriter Salary FAQs

What is the salary of Credit Underwriter at Federal Bank ?
The average salary of a Credit Underwriter at Federal Bank in India typically ranges from ₹3.5 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Credit Underwriter at Federal Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Credit Underwriter 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 5 Federal Bank employees in India.
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 in India typically ranges from ₹80,586 to ₹82,685 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 5 salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Federal Bank for Credit Underwriter in India?
Emirates NBD ₹8.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank ₹7.5 Lakhs to ₹25.0 Lakhs per year
City Union Bank ₹15.6 Lakhs to ₹17.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Federal Bank, depending on the role and experience level.
What is the salary of a Credit Underwriter in companies similar to Federal Bank in India?
The salary of a Credit Underwriter at companies similar to Federal Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹3.0 Lakhs to ₹11.0 Lakhs per year
RBL Bank ₹2.2 Lakhs to ₹11.5 Lakhs per year
IDFC FIRST Bank ₹3.7 Lakhs to ₹9.8 Lakhs per year
ICICI Bank ₹1.2 Lakhs to ₹10.6 Lakhs per year
Axis Bank ₹2.6 Lakhs to ₹7.0 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 Underwriter at Federal Bank in India?
The salary growth for a Credit Underwriter at Federal Bank depends on factors such as experience, performance, and promotions. On average, a Credit Underwriter can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
2 years ₹3.5 Lakhs to ₹3.5 Lakhs per year
3 years ₹5.2 Lakhs to ₹12.6 Lakhs per year
4 years ₹4.5 Lakhs to ₹15.0 Lakhs per year
5 years ₹6.1 Lakhs to ₹20.0 Lakhs per year
and so on.

Tell us how to improve this page.

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