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Federal Bank Senior Manager Credit salaries in India (Updated 2025)

Annual salary range
8 - 14 years exp.
₹17.3 Lakhs - ₹26 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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Senior Manager Credit Salary at Federal Bank ranges between ₹17.3 Lakhs to ₹26 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 13 latest salaries received... Read more

60% more than the average Senior Manager Credit Salary in Banking Companies for 8 - 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
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Kotak Mahindra Bank Senior Manager Credit Salary

2 - 12 years exp. (416 salaries)

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₹9.8 L/yr - ₹16.4 L/yr

arrow icon 43% less
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HDFC Bank Senior Manager Credit Salary

3 - 12 years exp. (338 salaries)

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₹11 L/yr - ₹19.6 L/yr

arrow icon 38% less
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ICICI Bank Senior Manager Credit Salary

2 - 10 years exp. (222 salaries)

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₹12 L/yr - ₹22 L/yr

arrow icon 30% less
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Yes Bank Senior Manager Credit Salary

4 - 16 years exp. (194 salaries)

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₹10 L/yr - ₹17.3 L/yr

arrow icon 42% less
1 job opening
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Axis Bank Senior Manager Credit Salary

5 - 14 years exp. (131 salaries)

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₹12.9 L/yr - ₹22.5 L/yr

arrow icon 25% less
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IDFC FIRST Bank Senior Manager Credit Salary

3 - 11 years exp. (87 salaries)

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₹9.4 L/yr - ₹15.9 L/yr

arrow icon 49% less
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₹15.3 L/yr - ₹26.2 L/yr

arrow icon 11% less
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₹3.8 L/yr - ₹8.8 L/yr

arrow icon 72% less
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Canara Bank Senior Manager Credit Salary

6 - 13 years exp. (31 salaries)

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₹17.8 L/yr - ₹28 L/yr

arrow icon 3% more
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IndusInd Bank Senior Manager Credit Salary

3 - 12 years exp. (24 salaries)

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₹11 L/yr - ₹19.4 L/yr

arrow icon 35% less
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Standard Chartered Senior Manager Credit Salary

4 - 12 years exp. (20 salaries)

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₹20.8 L/yr - ₹38.8 L/yr

arrow icon 23% more
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RBL Bank Senior Manager Credit Salary

3 - 15 years exp. (19 salaries)

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₹10 L/yr - ₹17 L/yr

arrow icon 42% less
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Bandhan Bank Senior Manager Credit Salary

5 - 9 years exp. (15 salaries)

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₹11.2 L/yr - ₹20.9 L/yr

arrow icon 33% less
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Karur Vysya Bank Senior Manager Credit Salary

4 - 16 years exp. (12 salaries)

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₹13 L/yr - ₹22.6 L/yr

arrow icon 24% less
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₹14.5 L/yr - ₹22 L/yr

arrow icon 19% less
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IDBI Bank Senior Manager Credit Salary

6 - 12 years exp. (5 salaries)

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₹14 L/yr - ₹22.7 L/yr

arrow icon 28% less
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₹5.2 L/yr - ₹13 L/yr

arrow icon 61% less
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Corporation Bank Senior Manager Credit Salary

10 - 17 years exp. (5 salaries)

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₹14.4 L/yr - ₹22.3 L/yr

arrow icon 14% less
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₹6.5 L/yr - ₹12.9 L/yr

arrow icon 58% less
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UCO Bank Senior Manager Credit Salary

10 - 13 years exp. (4 salaries)

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₹12 L/yr - ₹24.4 L/yr

arrow icon 22% less
View all

Federal Bank Senior Manager Credit salaries by

Years of experience Avg. annual salary
8 years (AmbitionBox Estimate)

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₹20.2 L/yr - ₹25.9 L/yr
9 years  (3 salaries)

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₹18 L/yr - ₹26 L/yr
10 years (AmbitionBox Estimate)

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₹20.2 L/yr - ₹25.8 L/yr
11 years (AmbitionBox Estimate)

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₹20.2 L/yr - ₹25.8 L/yr
12 years (AmbitionBox Estimate)

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₹20.2 L/yr - ₹25.8 L/yr
View all salaries by experience

Similar Designation Salaries at Federal Bank

Similar Designation Avg. annual salary
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₹10.5 L/yr - ₹21 L/yr

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₹10 L/yr - ₹21 L/yr

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₹3 L/yr - ₹10 L/yr

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₹18 L/yr - ₹26 L/yr

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₹8.2 L/yr - ₹22 L/yr

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₹6.8 L/yr - ₹9.5 L/yr

Senior Credit Officer Salary
(AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.3 L/yr

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₹6.1 L/yr - ₹20 L/yr

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₹9 L/yr - ₹22 L/yr

Area Credit Manager Salary
(AmbitionBox Estimate)
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₹11.8 L/yr - ₹15.1 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Federal Bank

3.3

Rated by 2 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated 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

Customer Success, Service & Operations Department

4.0
  •  updated 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.

read more
  • 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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated 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

 · 

Sales & Business Development Department

1.0
  •  updated 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

 · 

Customer Success, Service & Operations Department

4.0
  •  updated 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
see more salary related reviews

Federal Bank Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Federal Bank ?
The average salary of a Senior Manager Credit at Federal Bank in India typically ranges from ₹17.3 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of Senior Manager Credit at Federal Bank earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Senior Manager Credit 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 10+ Federal Bank employees in India.
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 in India typically ranges from ₹1,44,718 to ₹1,50,125 per month. This is based on the average salary range of ₹17.3 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 8 years to 14 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 10+ 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 Senior Manager Credit in India?
Standard Chartered ₹20.8 Lakhs to ₹38.8 Lakhs per year
Canara Bank ₹17.8 Lakhs to ₹28.0 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 Senior Manager Credit in companies similar to Federal Bank in India?
The salary of a Senior Manager Credit at companies similar to Federal Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India ₹15.3 Lakhs to ₹26.2 Lakhs per year
Corporation Bank ₹14.4 Lakhs to ₹22.3 Lakhs per year
Central Bank of India ₹14.5 Lakhs to ₹22.0 Lakhs per year
UCO Bank ₹12.0 Lakhs to ₹24.4 Lakhs per year
Vijaya Bank ₹9.0 Lakhs to ₹30.0 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 Senior Manager Credit at Federal Bank in India?
The salary growth for a Senior Manager Credit at Federal Bank depends on factors such as experience, performance, and promotions. On average, a Senior Manager Credit can expect the following growth trajectory at Federal Bank:

Experience Average Salary Range
8 years ₹20.2 Lakhs to ₹25.9 Lakhs per year
9 years ₹18.0 Lakhs to ₹26.0 Lakhs per year
10 years ₹20.2 Lakhs to ₹25.8 Lakhs per year
11 years ₹20.2 Lakhs to ₹25.8 Lakhs per year
and so on.

Tell us how to improve this page.

Federal Bank Senior Manager Credit salary in India ranges between ₹17.3 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Federal Bank latest salaries received from various employees of Federal Bank.