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3.8

based on 792 Reviews

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Federal Bank Probationary Officer salaries in Chennai

Annual salary range
0 - 2 years exp.
₹7.3 Lakhs - ₹13 Lakhs
Salary of majority employees
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61% more than the average Probationary Officer Salary in Banking Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting
Probationary Officer Salary
0 - 1 year exp. (3 salaries)
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₹7.3 L/yr - ₹13.1 L/yr

Marketing & Communication
Probationary Officer Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹12.8 L/yr

BFSI, Investments & Trading
Probationary Officer Salary
Fresher (AmbitionBox Estimate)
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₹9 L/yr - ₹13.2 L/yr

Customer Success, Service & Operations
Probationary Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹13 L/yr

Last Updated: 19 Jan 2025

Companies similar to Federal Bank for Probationary Officer in Chennai

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Federal Bank Probationary Officer Salary

0 - 2 years exp. (10 salaries)

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₹7.3 L/yr - ₹13 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹7 L/yr - ₹13 L/yr

arrow icon 14% less
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ICICI Bank Probationary Officer Salary

0 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 73% less
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Canara Bank Probationary Officer Salary

1 - 3 years exp. (4 salaries)

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₹6.5 L/yr - ₹10 L/yr

arrow icon 32% less
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₹7.5 L/yr - ₹10.5 L/yr

arrow icon 17% less
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City Union Bank Probationary Officer Salary

2 - 4 years exp. (4 salaries)

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₹4 L/yr - ₹5.5 L/yr

arrow icon 63% less
Probationary Officer salary at Federal Bank ranges between ₹7.3 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 10 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Probationary Officer in Chennai

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8 months exp.
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Experience wise Federal Bank Probationary Officer salaries in Chennai

Last Updated: 19 Jan 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹9 L/yr - ₹23.4 L/yr
1 year  (3 salaries)

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₹7.3 L/yr - ₹22.7 L/yr
2 years  (3 salaries)

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₹10 L/yr - ₹22 L/yr
Federal Bank Probationary Officer Salary and Career Growth

From

To

Probationary Officer

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0 - 2 years exp.

Associate Vice President

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7 - 15 years exp.

Probationary Officer 0 - 2 years exp.
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Assistant Manager 1 - 11 years exp.
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arrow icon 2% hike
Manager 4 - 12 years exp.
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arrow icon 26% hike

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Similar Designation salaries in Federal Bank

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₹20 L/yr - ₹27.3 L/yr

Salary related reviews for Federal Bank

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Oct 2023

4.0
 for  Salary and Benefits

Likes

It will pay you well but at the same time you won't be having time to spend that money.

read more
  • Salary - Good
    +1 more

Dislikes

As mentioned, there is no work life balance. You will be having plenty of unused leaves. But still you will not be allowed to take one. Due to shortage of working staff, you will be overburdened. Sales pressure will be there.

read more
  • Skill development - Bad
    +2 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 06 Apr 2023

3.0
 for  Salary and Benefits

Likes

If you are lucky enough you will get to work with a very good set of colleagues who will be like family and will extend help in all possible ways. But this experience varies from branch to brach. Don't expect it beforehand

read more
  • Job security - Good

Dislikes

...e work pressure with no appraisal or appreciation. Terrible in case of postings. Will make you work 10-12 hrs a day with same salary and increasing targets.

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  • Skill development - Bad
    +4 more

Full Time

 · 

Branch Banking Department

2.0
  •  posted on 17 Dec 2022

4.0
 for  Salary and Benefits

Likes

+ Salary is higher than the competitors. + Job Security.

  • Salary - Good
    +1 more

Dislikes

+ Company culture is not progressive. + HR policies are not complied with at the branch level. + Job description doesn't match with the responsibilities in reality. + Reporting managers verbally abuses if assigned daily targets aren't met. + Should sell Ageas Federal insurance policies monthly. + Inefficient Sales funnel & poorly equipped functional strategy.

read more
  • Skill development - Bad
    +1 more

BFSI, Investments & Trading Department

3.0
  •  posted on 29 Nov 2021

5.0
 for  Salary and Benefits

Likes

... job. It taught me good skills. After probation your job is basically permanent. The Pay you get is only second to SBI employees of same scale.

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  • Salary - Excellent
    +2 more

Dislikes

As expected from banks, the work life balance can be challenging. Federal Bank tends to be pioneers in various new banking practices but the officers rarely get enough training to implement the same. The third party products you are supposed to promote aren't exactly profitable to customers.

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  • Work satisfaction - Poor
    +1 more

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

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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
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Federal Bank Probationary Officer Salary FAQs

What is the salary of Probationary Officer at Federal Bank Chennai?
Probationary Officer salary at Federal Bank in Chennai ranges between ₹7.3 Lakhs to ₹13.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 61% more than the average Probationary Officer Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Federal Bank Chennai.
How does the salary of a Probationary Officer at Federal Bank Chennai compare with the average salary range for this job?
The average salary of a Probationary Officer at Federal Bank is 61% more than the average salary of a Probationary Officer in Chennai. To know exact salary insights, login to view.
What is the salary of a Probationary Officer in companies similar to Federal Bank in Chennai?
  • State Bank of India Probationary Officer Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year
  • South Indian Bank Probationary Officer Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
  • Canara Bank Probationary Officer Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
  • City Union Bank Probationary Officer Salary - ₹4.0 Lakhs to ₹5.5 Lakhs per year
  • ICICI Bank Probationary Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
What is the estimated take home salary of a Probationary Officer at Federal Bank in Chennai?
The estimated take-home salary of a Probationary Officer at Federal Bank ranges between ₹89,357 per month to ₹91,704 per month in Chennai. The take-home salary calculation is based on the average Federal Bank Probationary Officer salary in India which ranges between ₹7.3 Lakhs to ₹13.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Probationary Officer at Federal Bank in Chennai?
According to AmbitionBox, 73% of the Federal Bank Probationary Officers in Chennai reported a notice period of 3 Months, 27% reported a notice period of 15 days or less.This is based on 11 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Federal Bank Probationary Officer salary in Chennai ranges between ₹7.3 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Federal Bank latest salaries received from various employees of Federal Bank.