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Credit Approver

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Credit Approver Salary in India (Updated 2025)

based on 27 latest salaries • updated: 20 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹3.5 Lakhs - ₹35 Lakhs

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High Confidence means the data is based on a large number of latest salaries.
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Credit Approver Salary in India ranges between ₹3.5 Lakhs to ₹35 Lakhs for 5 years of experience to 16 years of experience. Salary estimates are based on 27 latest salaries received from Credit Approver.

Latest annual salaries shared by Credit Approvers

3w ago

Standard Chartered

Credit Approver

13 years exp.

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1mo ago

Standard Chartered

Credit Approver

7 years exp.

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3mo ago

Standard Chartered

Credit Approver

12 years exp.

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3mo ago

TCS

Credit Approver

6 years exp.

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5mo ago

HDFC Bank

Credit Approver

12 years exp.

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10mo ago

TCS

Credit Approver

5 years exp.

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1y ago

Hero FinCorp

Credit Approver

15 years exp.

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1y ago

DBS Bank

Credit Approver

13 years exp.

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1y ago

DBS Bank

Credit Approver

12 years exp.

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1y ago

HSBC Group

Credit Approver

7 years exp.

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View all latest salaries

Credit Approver salaries by

Years of experience Avg. annual salary
5 years
(2 salaries)
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₹3.5 L/yr - ₹4 L/yr

6 years
(3 salaries)
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₹3.7 L/yr - ₹20 L/yr

7 years
(2 salaries)
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₹17.7 L/yr - ₹20.5 L/yr

8 years
(2 salaries)
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₹15 L/yr - ₹22 L/yr

9 years
(3 salaries)
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₹1.9 L/yr - ₹33 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Credit Manager Salary
1 - 10 years exp.
(19.9k salaries)
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₹3 L/yr - ₹13 L/yr

Credit Officer Salary
1 - 7 years exp.
(7.7k salaries)
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₹1.8 L/yr - ₹7 L/yr

Credit Analyst Salary
1 - 8 years exp.
(7.5k salaries)
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₹2.2 L/yr - ₹16 L/yr

Credit Underwriter Salary
1 - 7 years exp.
(1.5k salaries)
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₹2 L/yr - ₹10.8 L/yr

Credit Executive Salary
1 - 6 years exp.
(2.7k salaries)
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₹1.4 L/yr - ₹4.1 L/yr

View more similar designations

Credit Approver Salary By Locations

Locations Avg. annual salary
Mumbai
Credit Approver
5 - 13 years exp.
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₹4 L/yr - ₹35 L/yr

New Delhi
Credit Approver
6 - 15 years exp.
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₹17 L/yr - ₹25.8 L/yr

Hyderabad / Secunderabad
Credit Approver
7 - 15 years exp.
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₹20.5 L/yr - ₹24.5 L/yr

Kolkata
Credit Approver
8 - 12 years exp.
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₹15 L/yr - ₹30 L/yr

Hubli
Credit Approver
5 - 6 years exp.
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₹3.2 L/yr - ₹4.3 L/yr

View More

Credit Approver Salary By Industries

Industries Avg. annual salary

Financial Services

Credit Approver
5 - 16 years exp.
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₹4 L/yr - ₹35 L/yr

Banking

Credit Approver
6 - 16 years exp.
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₹20 L/yr - ₹35 L/yr

IT Services & Consulting

Credit Approver
5 - 15 years exp.
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₹4 L/yr - ₹45 L/yr

NBFC

Credit Approver
5 - 16 years exp.
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₹3.5 L/yr - ₹34 L/yr

Analytics & KPO

Credit Approver
7 - 15 years exp.
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₹17 L/yr - ₹45 L/yr

View More

Frequently Asked Questions (FAQS) about Credit Approver Salaries

What is the salary of a Credit Approver in India?
The salary of a Credit Approver in India varies based on experience, location, company & Industry. On average, Credit Approver salaries ranges from ₹3.5 Lakhs to ₹35.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹3.5 Lakhs to ₹35.0 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 27 salaries received from various Credit Approvers across industries.
What are the top paying cities for Credit Approver in India?
The annual salary for Credit Approver in India varies by location. Top paying cities for Credit Approver are
Credit Approver Salary in Mumbai ₹4.0 Lakhs to ₹35.0 Lakhs per year
Credit Approver Salary in New Delhi ₹17.0 Lakhs to ₹25.8 Lakhs per year
Credit Approver Salary in Hyderabad / Secunderabad ₹20.5 Lakhs to ₹24.5 Lakhs per year
Credit Approver Salary in Kolkata ₹15.0 Lakhs to ₹30.0 Lakhs per year
Credit Approver Salary in Hubli ₹3.2 Lakhs to ₹4.3 Lakhs per year
Salary expectations for Credit Approver may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Credit Approver in India?
Top 5 paying Industries for Credit Approver in India are:
Credit Approver Salary in Financial Services ₹4.0 Lakhs to ₹35.0 Lakhs per year
Credit Approver Salary in Banking ₹20.0 Lakhs to ₹35.0 Lakhs per year
Credit Approver Salary in IT Services & Consulting ₹4.0 Lakhs to ₹45.0 Lakhs per year
Credit Approver Salary in NBFC ₹3.5 Lakhs to ₹34.0 Lakhs per year
Credit Approver Salary in Analytics & KPO ₹17.0 Lakhs to ₹45.0 Lakhs per year
How does experience affect salaries of a Credit Approver in India?
Experience significantly impacts a Credit Approver salary in India. Salaries increase with experience, as Credit Approver take on more complex tasks, responsibilities, and leadership roles. Credit Approver salary at different experience level are as follows:
Experience Average Salary Range
5 years ₹3.5 Lakhs to ₹4.0 Lakhs per year
6 years ₹3.7 Lakhs to ₹20.0 Lakhs per year
7 years ₹17.7 Lakhs to ₹20.5 Lakhs per year
8 years ₹15.0 Lakhs to ₹22.0 Lakhs per year
and so on.

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