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3.8

based on 792 Reviews

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Federal Bank Probationary Officer salaries in Coimbatore

Annual salary range
0 - 2 years exp.
₹6 Lakhs - ₹12.9 Lakhs
Salary of majority employees
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75% more than the average Probationary Officer Salary in Banking Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Probationary Officer Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹13.1 L/yr

Finance & Accounting
Probationary Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹12.9 L/yr

Sales & Business Development
Probationary Officer Salary
Fresher (AmbitionBox Estimate)
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₹9 L/yr - ₹12.8 L/yr

Last Updated: 2 May 2024

Companies similar to Federal Bank for Probationary Officer in Coimbatore

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Federal Bank Probationary Officer Salary

0 - 2 years exp. (7 salaries)

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₹6 L/yr - ₹12.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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City Union Bank Probationary Officer Salary

0 - 2 years exp. (3 salaries)

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₹4 L/yr - ₹6.5 L/yr

arrow icon 57% less
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Muthoot Finance Probationary Officer Salary

0 - 2 years exp. (10 salaries)

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₹1.8 L/yr - ₹3 L/yr

arrow icon 79% less
3 job openings
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₹1.6 L/yr - ₹2.1 L/yr

arrow icon 86% less
Probationary Officer salary at Federal Bank ranges between ₹6 Lakhs to ₹12.9 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Probationary Officer in Coimbatore

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Experience wise Federal Bank Probationary Officer salaries in Coimbatore

Last Updated: 2 May 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹6 L/yr - ₹23.2 L/yr
1 year (AmbitionBox Estimate)

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₹7.5 L/yr - ₹22.4 L/yr
2 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹12.1 L/yr

Similar Designation salaries in Federal Bank

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₹20 L/yr - ₹32 L/yr

Salary related reviews for Federal Bank

5.0

Rated by 2 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.

read more
  • 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.

read more
  • 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

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
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Federal Bank Probationary Officer Salary FAQs

What is the salary of Probationary Officer at Federal Bank Coimbatore?
Probationary Officer salary at Federal Bank in Coimbatore ranges between ₹6.0 Lakhs to ₹12.9 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 75% more than the average Probationary Officer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Federal Bank Coimbatore.
How does the salary of a Probationary Officer at Federal Bank Coimbatore compare with the average salary range for this job?
The average salary of a Probationary Officer at Federal Bank is 75% more than the average salary of a Probationary Officer in Coimbatore. To know exact salary insights, login to view.
What is the salary of a Probationary Officer in companies similar to Federal Bank in Coimbatore?
  • City Union Bank Probationary Officer Salary - ₹4.0 Lakhs to ₹6.5 Lakhs per year
  • Muthoot Finance Probationary Officer Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
  • Manappuram Finance Probationary Officer Salary - ₹1.6 Lakhs to ₹2.1 Lakhs per year
What is the estimated take home salary of a Probationary Officer at Federal Bank in Coimbatore?
The estimated take-home salary of a Probationary Officer at Federal Bank ranges between ₹88,439 per month to ₹90,760 per month in Coimbatore. The take-home salary calculation is based on the average Federal Bank Probationary Officer salary in India which ranges between ₹6.0 Lakhs to ₹12.9 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 Coimbatore?
According to AmbitionBox, 50% of the Federal Bank Probationary Officers in Coimbatore reported a notice period of 15 days or less, 25% reported a notice period of 2 Months 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 Probationary Officer salary in Coimbatore ranges between ₹6 Lakhs to ₹12.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Federal Bank latest salaries received from various employees of Federal Bank.