Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Federal Bank Team. If you also belong to the team, you can get access from here

Federal Bank Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Federal Bank Relationship Officer salaries in Mumbai

Annual salary range
1 - 4 years exp.
₹4.5 Lakhs - ₹13 Lakhs
Salary of majority employees
unlock blur
unlock blur

221% more than the average Relationship Officer Salary in Banking Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 10 Nov 2023

Companies similar to Federal Bank for Relationship Officer in Mumbai

Logo
Federal Bank Relationship Officer Salary

1 - 4 years exp. (5 salaries)

unlock blur

₹4.5 L/yr - ₹13 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Axis Bank Relationship Officer Salary

0 - 7 years exp. (283 salaries)

unlock blur

₹1.1 L/yr - ₹5 L/yr

arrow icon 71% less
5 job openings
Logo
Kotak Mahindra Bank Relationship Officer Salary

0 - 7 years exp. (124 salaries)

unlock blur

₹2.3 L/yr - ₹6.1 L/yr

arrow icon 64% less
Logo
HDFC Bank Relationship Officer Salary

0 - 6 years exp. (99 salaries)

unlock blur

₹1.2 L/yr - ₹4.8 L/yr

arrow icon 70% less
1 job opening
Logo
ICICI Bank Relationship Officer Salary

0 - 7 years exp. (50 salaries)

unlock blur

₹1.8 L/yr - ₹4.5 L/yr

arrow icon 67% less
Logo
IDFC FIRST Bank Relationship Officer Salary

0 - 6 years exp. (30 salaries)

unlock blur

₹1.4 L/yr - ₹5.5 L/yr

arrow icon 67% less
Logo
IndusInd Bank Relationship Officer Salary

0 - 6 years exp. (28 salaries)

unlock blur

₹1.7 L/yr - ₹4 L/yr

arrow icon 65% less
17 job openings
unlock blur

₹2.1 L/yr - ₹3.5 L/yr

arrow icon 67% less
1 job opening
Logo
RBL Bank Relationship Officer Salary

0 - 7 years exp. (16 salaries)

unlock blur

₹1.8 L/yr - ₹3 L/yr

arrow icon 71% less
unlock blur

₹2.4 L/yr - ₹3.5 L/yr

arrow icon 70% less
10 job openings
Logo
Yes Bank Relationship Officer Salary

1 - 6 years exp. (7 salaries)

unlock blur

₹2.2 L/yr - ₹4.4 L/yr

arrow icon 68% less
1 job opening
unlock blur

₹1.6 L/yr - ₹2.5 L/yr

arrow icon 76% less
Relationship Officer salary at Federal Bank ranges between ₹4.5 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Relationship Officer in Mumbai

1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
3 years exp.

Experience wise Federal Bank Relationship Officer salaries in Mumbai

Last Updated: 10 Nov 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹8.5 L/yr - ₹10.9 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹8.5 L/yr - ₹10.8 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹8.4 L/yr - ₹10.8 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹8.4 L/yr - ₹10.7 L/yr
Federal Bank Relationship Officer Salary and Career Growth

From

To

Relationship Officer

unlock blur Lakhs/yr

0 - 4 years exp.

Associate Vice President

unlock blur Lakhs/yr

7 - 15 years exp.

Relationship Officer

0 - 4 years exp.
unlock blur

Assistant Manager

0 - 9 years exp.
unlock blur
arrow icon 35% hike

Manager

3 - 12 years exp.
unlock blur
arrow icon 33% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Federal Bank

unlock blur
₹2 L/yr - ₹3.65 L/yr

Salary related reviews for Federal Bank

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

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.

read more
  • 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.

read more

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

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

read more
  • Skill development - Poor
  • +1 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

  • 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

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Federal Bank Relationship Officer Salary FAQs

What is the salary of Relationship Officer at Federal Bank in Mumbai?
The average salary of a Relationship Officer at Federal Bank in Mumbai typically ranges from ₹4.5 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Relationship Officer in Mumbai at Federal Bank earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Relationship Officer 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 5 Federal Bank employees in India.
What is the estimated take home salary of a Relationship Officer at Federal Bank in Mumbai?
The estimated take-home salary of a Relationship Officer at Federal Bank in Mumbai typically ranges from ₹68,311 to ₹70,063 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 5 salaries received from various employees of Federal Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Relationship Officer in companies similar to Federal Bank in Mumbai?
The salary of a Relationship Officer at companies similar to Federal Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹2.3 Lakhs to ₹6.1 Lakhs per year
IndusInd Bank ₹1.7 Lakhs to ₹4.0 Lakhs per year
IDFC FIRST Bank ₹1.4 Lakhs to ₹5.5 Lakhs per year
ICICI Bank ₹1.8 Lakhs to ₹4.5 Lakhs per year
Ujjivan Small Finance Bank ₹2.1 Lakhs to ₹3.5 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 Relationship Officer at Federal Bank in Mumbai?
The salary growth for a Relationship Officer at Federal Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Relationship Officer in Mumbai can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
1 year ₹8.5 Lakhs to ₹10.9 Lakhs per year
2 years ₹8.5 Lakhs to ₹10.8 Lakhs per year
3 years ₹8.4 Lakhs to ₹10.8 Lakhs per year
4 years ₹8.4 Lakhs to ₹10.7 Lakhs per year
and so on.

Tell us how to improve this page.

Federal Bank Relationship Officer salary in Mumbai ranges between ₹4.5 Lakhs to ₹13 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.