Federal Bank Senior Manager Credit Salaries by 10+ Employees (Updated 2025)

3 - 14 years exp.

₹14 Lakhs - ₹22 Lakhs

Salary of majority employees

Fixed (90%)

₹17.6 Lakhs

Variable (10%)

₹2.0 Lakhs

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42% more than the average Senior Manager Credit Salary in Banking Companies for 3 - 14 years of experience

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Last Updated: 2 Feb 2025

Companies similar to Federal Bank for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (326 salaries)	Unlock ₹7.8 L/yr - ₹21 L/yr 30% less	1 job opening
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (159 salaries)	Unlock ₹7 L/yr - ₹22.8 L/yr 24% less
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Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (120 salaries)	Unlock ₹10 L/yr - ₹26.9 L/yr 16% less
State Bank of India Senior Manager Credit Salary 8 - 13 years exp. (5 salaries)	Unlock ₹14 L/yr - ₹23 L/yr 15% less
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (386 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 36% less
IndusInd Bank Senior Manager Credit Salary 3 - 12 years exp. (20 salaries)	Unlock ₹8 L/yr - ₹23.5 L/yr 33% less
Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (188 salaries)	Unlock ₹7.8 L/yr - ₹17 L/yr 35% less
IDFC FIRST Bank Senior Manager Credit Salary 2 - 12 years exp. (81 salaries)	Unlock ₹6.3 L/yr - ₹16 L/yr 44% less
RBL Bank Senior Manager Credit Salary 3 - 15 years exp. (17 salaries)	Unlock ₹10 L/yr - ₹17 L/yr 34% less
Bandhan Bank Senior Manager Credit Salary 5 - 9 years exp. (15 salaries)	Unlock ₹8.8 L/yr - ₹20.9 L/yr 23% less
Union Bank of India Senior Manager Credit Salary 7 - 14 years exp. (48 salaries)	Unlock ₹11 L/yr - ₹28.5 L/yr 3% more
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Jana Small Finance Bank Senior Manager Credit Salary 3 - 10 years exp. (38 salaries)	Unlock ₹3.1 L/yr - ₹12 L/yr 65% less
Canara Bank Senior Manager Credit Salary 6 - 13 years exp. (27 salaries)	Unlock ₹16 L/yr - ₹35 L/yr 18% more
Standard Chartered Senior Manager Credit Salary 4 - 12 years exp. (21 salaries)	Unlock ₹10.4 L/yr - ₹33.4 L/yr 12% more
Karur Vysya Bank Senior Manager Credit Salary 4 - 14 years exp. (9 salaries)	Unlock ₹12 L/yr - ₹18.5 L/yr 20% less
Central Bank of India Senior Manager Credit Salary 10 - 15 years exp. (6 salaries)	Unlock ₹14.5 L/yr - ₹22 L/yr 7% less
Corporation Bank Senior Manager Credit Salary 9 - 17 years exp. (6 salaries)	Unlock ₹11 L/yr - ₹18 L/yr 21% less
IDBI Bank Senior Manager Credit Salary 6 - 12 years exp. (5 salaries)	Unlock ₹14 L/yr - ₹18 L/yr 17% less
Utkarsh Small Finance Bank Senior Manager Credit Salary 7 - 9 years exp. (4 salaries)	Unlock ₹6.5 L/yr - ₹12.9 L/yr 52% less
UCO Bank Senior Manager Credit Salary 10 - 13 years exp. (4 salaries)	Unlock ₹12 L/yr - ₹27 L/yr 11% less

Senior Manager Credit salary at Federal Bank ranges between ₹14 Lakhs to ₹22 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 14 latest salaries received from various employees of Federal Bank.

Latest annual salaries shared by Federal Bank Senior Manager Credit

1mo ago

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14 years exp.

8mo ago

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13 years exp.

1y ago

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11 years exp.

1y ago

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12 years exp.

1y ago

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12 years exp.

1y ago

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11 years exp.

1y ago

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10 years exp.

1y ago

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6 years exp.

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10 years exp.

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8 years exp.

Experience wise Federal Bank Senior Manager Credit salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹14 L/yr - ₹33.3 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹33.6 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹16 L/yr - ₹34 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹16 L/yr - ₹34.3 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹17.3 L/yr - ₹22.2 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹35 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹18 L/yr - ₹35.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹14 L/yr - ₹22 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹18.5 L/yr - ₹36.1 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹36.4 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹18.5 L/yr - ₹36.8 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹8.2 L/yr - ₹21 L/yr

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Salary related reviews for Federal Bank

3.3

Rated by 2 employees for salary & benefits

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.

Associate Vice President in Thiruvananthapuram

Customer Success, Service & Operations Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

...ing.If we are deserving n performing well ,we will be noticed by the higher ups.Fair appraisals and good compensation n allowances also.

Salary - Good

+4 more

Dislikes

Top management decisions and policies are not conveyed to field level employees n we feel aliens at times.There should be a platform where one can raise a concern directly to a top leader.

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

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Federal Bank Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Federal Bank?

Senior Manager Credit salary at Federal Bank in India ranges between ₹14.0 Lakhs to ₹22.0 Lakhs for experience between 3 years to 14 years. According to our estimates it is 42% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Federal Bank India.

How does the salary of a Senior Manager Credit at Federal Bank India compare with the average salary range for this job?

The average salary of a Senior Manager Credit at Federal Bank is 42% more than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

Which similar companies are paying more than Federal Bank to a Senior Manager Credit in India?

Canara Bank Senior Manager Credit Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹33.4 Lakhs per year
Union Bank of India Senior Manager Credit Salary - ₹11.0 Lakhs to ₹28.5 Lakhs per year

What is the salary of a Senior Manager Credit in companies similar to Federal Bank in India?

Central Bank of India Senior Manager Credit Salary - ₹14.5 Lakhs to ₹22.0 Lakhs per year
UCO Bank Senior Manager Credit Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
State Bank of India Senior Manager Credit Salary - ₹14.0 Lakhs to ₹23.0 Lakhs per year
Axis Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹26.9 Lakhs per year
IDBI Bank Senior Manager Credit Salary - ₹14.0 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Senior Manager Credit at Federal Bank in India?

The estimated take-home salary of a Senior Manager Credit at Federal Bank ranges between ₹1,29,366 per month to ₹1,33,870 per month in India. The take-home salary calculation is based on the average Federal Bank Senior Manager Credit salary in India which ranges between ₹14.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager Credit at Federal Bank?

According to AmbitionBox, 83% of the Federal Bank Senior Manager Credits reported a notice period of 3 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Federal Bank Senior Manager Credit Salaries

Federal Bank Senior Manager Credit salary in India ranges between ₹14 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Federal Bank latest salaries received from various employees of Federal Bank.