Federal Bank Data Scientist Salaries by 4 Employees

1 - 6 years exp.

₹7.5 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Data Scientist Salary in Banking Companies for 1 - 6 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Federal Bank for Data Scientist

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Data Scientist Salary 0 - 4 years exp. (133 salaries)	₹9.6 L/yr - ₹30 L/yr 45% more	4 job openings
ICICI Bank Data Scientist Salary 0 - 4 years exp. (70 salaries)	₹7.2 L/yr - ₹25 L/yr 21% more
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Kotak Mahindra Bank Data Scientist Salary 0 - 6 years exp. (74 salaries)	₹6 L/yr - ₹24 L/yr 15% more
Axis Bank Data Scientist Salary 0 - 8 years exp. (72 salaries)	₹5.8 L/yr - ₹20 L/yr 13% more
Standard Chartered Data Scientist Salary 1 - 13 years exp. (56 salaries)	₹8.6 L/yr - ₹33.7 L/yr 50% more
RBL Bank Data Scientist Salary 1 - 5 years exp. (51 salaries)	₹7 L/yr - ₹15.5 L/yr 9% less
IDFC FIRST Bank Data Scientist Salary 1 - 5 years exp. (19 salaries)	₹14.4 L/yr - ₹40 L/yr 84% more
Ujjivan Small Finance Bank Data Scientist Salary 0 - 6 years exp. (19 salaries)	₹3 L/yr - ₹14 L/yr 37% less
IndusInd Bank Data Scientist Salary 0 - 7 years exp. (17 salaries)	₹7.8 L/yr - ₹21.5 L/yr 43% more	5 job openings
Bandhan Bank Data Scientist Salary 0 - 3 years exp. (11 salaries)	₹8 L/yr - ₹15.7 L/yr 14% less
Canara Bank Data Scientist Salary 2 - 8 years exp. (7 salaries)	₹11.1 L/yr - ₹17 L/yr 5% less
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Yes Bank Data Scientist Salary 1 - 3 years exp. (5 salaries)	₹10 L/yr - ₹18.5 L/yr 11% more
Karnataka Bank Data Scientist Salary 1 - 4 years exp. (4 salaries)	₹12.8 L/yr - ₹14 L/yr 5% more
Karur Vysya Bank Data Scientist Salary 2 - 20 years exp. (4 salaries)	₹6 L/yr - ₹25 L/yr 39% more
IDBI Bank Data Scientist Salary 10 - 14 years exp. (3 salaries)	₹22 L/yr - ₹28 L/yr 95% more
Jana Small Finance Bank Data Scientist Salary 1 - 7 years exp. (3 salaries)	₹5 L/yr - ₹13 L/yr 19% less
UCO Bank Data Scientist Salary 8 - 10 years exp. (3 salaries)	₹15 L/yr - ₹26 L/yr 46% more

Data Scientist salary at Federal Bank ranges between ₹7.5 Lakhs to ₹17 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Data Scientist salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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6 years (3 salaries)	₹10.5 L/yr - ₹17 L/yr

Similar Designation salaries in Federal Bank

Lead Data Scientist Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Data Scientist Salary

(AmbitionBox Estimate)

₹19.4 L/yr - ₹24.7 L/yr

Data Analyst Salary

(13 salaries)

₹4.8 L/yr - ₹14 L/yr

Analyst Salary

(5 salaries)

₹3.62 L/yr - ₹13 L/yr

Senior Analyst Salary

(4 salaries)

₹14 L/yr - ₹21 L/yr

Business Analyst Salary

(14 salaries)

₹6.5 L/yr - ₹14.5 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Senior Data Analyst Salary

(4 salaries)

₹6.9 L/yr - ₹8.4 L/yr

Senior Associate Salary

(6 salaries)

₹6.8 L/yr - ₹9.5 L/yr

Software Developer Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Salary related reviews for Federal Bank

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.

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

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

Assistant Manager Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 14 May 2024

5.0

for Salary and Benefits

Likes

Salary and other compensation reimbursement and job security

Salary - Excellent

+2 more

Dislikes

Work life balance is worst.. if sales is not your thing you wont get any credit for other operational work done by you. Banking is all about selling insurance products

Work-life balance - Poor

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Federal Bank Data Scientist Salary FAQs

What is the salary of Data Scientist at Federal Bank ?

The average salary of a Data Scientist at Federal Bank in India typically ranges from ₹7.5 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Data Scientist at Federal Bank earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Data Scientist 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 Data Scientist at Federal Bank in India?

The estimated take-home salary of a Data Scientist at Federal Bank in India typically ranges from ₹90,269 to ₹92,642 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 1 year 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 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 Data Scientist in India?

IDBI Bank	₹22.0 Lakhs to ₹28.0 Lakhs per year
IDFC FIRST Bank	₹14.4 Lakhs to ₹40.0 Lakhs per year
Standard Chartered	₹8.6 Lakhs to ₹33.7 Lakhs per year
UCO Bank	₹15.0 Lakhs to ₹26.0 Lakhs per year
HDFC Bank	₹9.6 Lakhs to ₹30.0 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 Data Scientist in companies similar to Federal Bank in India?

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

IndusInd Bank	₹7.8 Lakhs to ₹21.5 Lakhs per year
Karur Vysya Bank	₹6.0 Lakhs to ₹25.0 Lakhs per year
ICICI Bank	₹7.2 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank	₹6.0 Lakhs to ₹24.0 Lakhs per year
Axis Bank	₹5.8 Lakhs to ₹20.0 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 Data Scientist at Federal Bank in India?

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

Experience	Average Salary Range
1 year	₹6.8 Lakhs to ₹8.6 Lakhs per year
6 years	₹10.5 Lakhs to ₹17.0 Lakhs per year

and so on.

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Federal Bank Data Scientist Salaries

Federal Bank Data Scientist salary in India ranges between ₹7.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Federal Bank latest salaries received from various employees of Federal Bank.

Federal Bank Data Scientist salaries in India

Companies similar to Federal Bank for Data Scientist

Latest annual salaries shared by Federal Bank Data Scientist

Experience wise Federal Bank Data Scientist salaries

Similar Designation salaries in Federal Bank

Salary related reviews for Federal Bank

Senior Manager in Ernakulam

Sales Manager in Visakhapatnam

Associate in New Delhi

Assistant Manager in Khambhalia

Assistant Manager Operations in Kochi

Federal Bank Data Scientist Salary FAQs

Tell us how to improve this page.