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3.8

based on 776 Reviews

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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.
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)
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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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HDFC Bank Credit Underwriter Salary

0 - 8 years exp. (142 salaries)

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₹3 L/yr - ₹10.5 L/yr

arrow icon 37% less
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ICICI Bank Credit Underwriter Salary

0 - 6 years exp. (24 salaries)

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₹1.2 L/yr - ₹9.1 L/yr

arrow icon 55% 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 57% less
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Kotak Mahindra Bank Credit Underwriter Salary

0 - 7 years exp. (32 salaries)

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₹1.8 L/yr - ₹8.5 L/yr

arrow icon 65% less
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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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Yes Bank Credit Underwriter Salary

0 - 5 years exp. (10 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 71% 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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Bandhan Bank Credit Underwriter Salary

0 - 6 years exp. (52 salaries)

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₹2.8 L/yr - ₹8.5 L/yr

arrow icon 60% less
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₹1.5 L/yr - ₹5.1 L/yr

arrow icon 68% less
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City Union Bank Credit Underwriter Salary

16 - 17 years exp. (5 salaries)

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₹14.2 L/yr - ₹17.9 L/yr

arrow icon 31% more
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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
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IDBI Bank Credit Underwriter Salary

5 - 13 years exp. (3 salaries)

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₹7.5 L/yr - ₹20 L/yr

arrow icon 30% 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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3 years exp.
1y ago
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6 years exp.
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5 years exp.
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4 years exp.

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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₹5.16 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
(65 salaries)
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₹8 L/yr - ₹19 L/yr
Credit Manager Salary
(87 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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₹8.55 L/yr - ₹20 L/yr
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₹6.8 L/yr - ₹9.5 L/yr
Sales Officer Salary
(12 salaries)
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₹2.4 L/yr - ₹9 L/yr
Deputy Manager Salary
(6 salaries)
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₹4.5 L/yr - ₹13.8 L/yr
Chief Manager Salary
(4 salaries)
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₹12 L/yr - ₹20 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

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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.

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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.

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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,

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

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

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
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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
  • City Union Bank Credit Underwriter Salary - ₹14.2 Lakhs to ₹17.9 Lakhs per year
  • IDBI Bank Credit Underwriter Salary - ₹7.5 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Credit Underwriter in companies similar to Federal Bank in India?
  • HDFC Bank Credit Underwriter Salary - ₹3.0 Lakhs to ₹10.5 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 - ₹1.2 Lakhs to ₹9.1 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.

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.