Federal Bank Customer Service Executive Salaries by 4 Employees

2 - 5 years exp.

₹2.8 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

16% more than the average Customer Service Executive Salary in Banking Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Customer Service Executive Salary 2 - 5 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.2 L/yr
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Customer Success, Service & Operations Customer Service Executive Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 21 Nov 2024

Companies similar to Federal Bank for Customer Service Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Customer Service Executive Salary 0 - 6 years exp. (322 salaries)	₹0.9 L/yr - ₹4.5 L/yr 19% less
ICICI Bank Customer Service Executive Salary 0 - 6 years exp. (290 salaries)	₹1.2 L/yr - ₹5 L/yr 11% less
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IDFC FIRST Bank Customer Service Executive Salary 0 - 6 years exp. (306 salaries)	₹1.5 L/yr - ₹6.4 L/yr 8% more
Axis Bank Customer Service Executive Salary 0 - 6 years exp. (178 salaries)	₹1.2 L/yr - ₹5.5 L/yr 16% less
IndusInd Bank Customer Service Executive Salary 0 - 5 years exp. (154 salaries)	₹1.4 L/yr - ₹5 L/yr 16% less
Kotak Mahindra Bank Customer Service Executive Salary 0 - 5 years exp. (148 salaries)	₹1.2 L/yr - ₹4.5 L/yr 16% less
Utkarsh Small Finance Bank Customer Service Executive Salary 0 - 3 years exp. (71 salaries)	₹1.5 L/yr - ₹3.1 L/yr 38% less
Yes Bank Customer Service Executive Salary 1 - 4 years exp. (70 salaries)	₹1.6 L/yr - ₹4.8 L/yr 20% less
HSBC Global Banking and Markets Customer Service Executive Salary 0 - 8 years exp. (48 salaries)	₹2 L/yr - ₹6.5 L/yr 27% more
Standard Chartered Customer Service Executive Salary 1 - 11 years exp. (46 salaries)	₹1.7 L/yr - ₹6 L/yr 6% more
Jana Small Finance Bank Customer Service Executive Salary 0 - 6 years exp. (42 salaries)	₹1.3 L/yr - ₹4 L/yr 29% less
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RBL Bank Customer Service Executive Salary 0 - 6 years exp. (40 salaries)	₹1.4 L/yr - ₹4.4 L/yr 22% less
IDBI Bank Customer Service Executive Salary 0 - 4 years exp. (20 salaries)	₹1 L/yr - ₹7.8 L/yr 8% more
Bandhan Bank Customer Service Executive Salary 0 - 5 years exp. (17 salaries)	₹2.1 L/yr - ₹4.6 L/yr 20% less
Ujjivan Small Finance Bank Customer Service Executive Salary 0 - 5 years exp. (17 salaries)	₹1.6 L/yr - ₹3.5 L/yr 29% less
Union Bank of India Customer Service Executive Salary 1 - 3 years exp. (6 salaries)	₹2.5 L/yr - ₹4 L/yr 6% less
Central Bank of India Customer Service Executive Salary 0 - 2 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 14% less
Karur Vysya Bank Customer Service Executive Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹3.8 L/yr 7% less
Canara Bank Customer Service Executive Salary 1 - 2 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 41% less
Karnataka Bank Customer Service Executive Salary 0 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹7 L/yr 34% more

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Customer Service Executive salary at Federal Bank ranges between ₹2.8 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Customer Service Executive salaries

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.2 L/yr

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₹2.3 L/yr - ₹2.9 L/yr

Customer Service Manager Salary

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Customer Relationship Manager Salary

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Senior Associate Salary

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₹2 L/yr - ₹5 L/yr

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.

Senior Manager in Ernakulam

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.

Salary - Excellent

+5 more

Dislikes

The promotion process is subject to bias. Hands on training for new recruits can be improved.

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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Federal Bank Customer Service Executive Salary FAQs

What is the salary of Customer Service Executive at Federal Bank ?

The average salary of a Customer Service Executive at Federal Bank in India typically ranges from ₹2.8 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Customer Service Executive at Federal Bank earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Customer Service Executive 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 4 Federal Bank employees in India.

What is the estimated take home salary of a Customer Service Executive at Federal Bank in India?

The estimated take-home salary of a Customer Service Executive at Federal Bank in India typically ranges from ₹25,790 to ₹27,217 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 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 Customer Service Executive in India?

Emirates NBD	₹6.7 Lakhs to ₹13.5 Lakhs per year
Karnataka Bank	₹1.8 Lakhs to ₹7.0 Lakhs per year
HSBC Global Banking and Markets	₹2.0 Lakhs to ₹6.5 Lakhs per year
IDBI Bank	₹1.0 Lakhs to ₹7.8 Lakhs per year
IDFC FIRST Bank	₹1.5 Lakhs to ₹6.4 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 Customer Service Executive in companies similar to Federal Bank in India?

The salary of a Customer Service Executive at companies similar to Federal Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹1.7 Lakhs to ₹6.0 Lakhs per year
Union Bank of India	₹2.5 Lakhs to ₹4.0 Lakhs per year
Karur Vysya Bank	₹1.8 Lakhs to ₹3.8 Lakhs per year
ICICI Bank	₹1.2 Lakhs to ₹5.0 Lakhs per year
UCO Bank	₹2.5 Lakhs to ₹4.1 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 Customer Service Executive at Federal Bank in India?

The salary growth for a Customer Service Executive at Federal Bank depends on factors such as experience, performance, and promotions. On average, a Customer Service Executive can expect the following growth trajectory at Federal Bank:

Experience	Average Salary Range
2 years	₹2.8 Lakhs to ₹5.1 Lakhs per year
3 years	₹1.3 Lakhs to ₹4.0 Lakhs per year
4 years	₹1.5 Lakhs to ₹4.0 Lakhs per year
5 years	₹4.2 Lakhs to ₹4.2 Lakhs per year

and so on.

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Federal Bank Customer Service Executive Salaries

Federal Bank Customer Service Executive salary in India ranges between ₹2.8 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Federal Bank latest salaries received from various employees of Federal Bank.