Credit Associate
Annual salary range
₹1.5 Lakh - ₹20 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byCredit Associate Salary in India (Updated 2025)
based on 538
latest salaries
• updated:
19 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Credit Associate Salary in India ranges between ₹1.5 Lakh to ₹20 Lakhs for 1 year of experience to 6 years of experience. Salary estimates are based on 538 latest salaries received from Credit Associate.
Explore on this page
Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
JPMorgan Chase & Co. Credit Associate Salary
2 years exp |  | |
| | ||
 Credit Associate Salary
2 years exp | | |
 Credit Associate Salary
2 years exp | | |
 Credit Associate Salary
2 years exp | | |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
0 -
5
yrs
exp.
(75 salaries)
|
₹1.3 L/yr - ₹2.4 L/yr | |
|
0 -
5
yrs
exp.
(57 salaries)
|
₹1.8 L/yr - ₹3.5 L/yr | |
Login to view exact salary
| ||
|
0 -
4
yrs
exp.
(31 salaries)
|
₹1.8 L/yr - ₹3.7 L/yr | |
1 -
4
yrs
exp.
(28 salaries)
|
₹5 L/yr - ₹9 L/yr | |
|
2 -
5
yrs
exp.
(24 salaries)
|
₹20 L/yr - ₹36 L/yr | |
2 -
6
yrs
exp.
(10 salaries)
|
₹11 L/yr - ₹20 L/yr | |
2 -
3
yrs
exp.
(8 salaries)
|
₹1.9 L/yr - ₹4.5 L/yr | |
2 -
6
yrs
exp.
(8 salaries)
|
₹7 L/yr - ₹13 L/yr | |
Login to view exact salary
| ||
3 -
9
yrs
exp.
(8 salaries)
|
₹2.5 L/yr - ₹3.8 L/yr | |
1 -
6
yrs
exp.
(7 salaries)
|
₹2 L/yr - ₹3.2 L/yr | |
Latest annual salaries shared by Credit Associates
2d ago
Acuity Knowledge Partners
Credit Associate
2 years exp.
4d ago
Muthoot Homefin India
Credit Associate
4 years exp.
5d ago
Uthaan Technologies
Credit Associate
4 years exp.
1w ago
KhataBook
Credit Associate
5 years exp.
1w ago
Mahindra Rural Housing Finance
Credit Associate
4 years exp.
1w ago
PNB Housing Finance
Credit Associate
1 year exp.
2w ago
Vodafone Idea
Credit Associate
1 year exp.
2w ago
Ziel Financial Technologies
Credit Associate
3 years exp.
2w ago
Kotak Mahindra Bank
Credit Associate
3 years exp.
3w ago
HSBC Group
Credit Associate
4 years exp.
View all latest salaries
Credit Associate salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(101
salaries)
| ₹1.2 L/yr - ₹5.4 L/yr |
2
years
(157
salaries)
| ₹1.5 L/yr - ₹14.5 L/yr |
Login to view exact salary
| |
3
years
(140
salaries)
| ₹1.5 L/yr - ₹18.5 L/yr |
4
years
(87
salaries)
| ₹1.9 L/yr - ₹29.5 L/yr |
5
years
(47
salaries)
| ₹1.7 L/yr - ₹28 L/yr |
View all salaries by experience
Credit Associate Jobs in India
Credit Associate
· 3-6 years
Moodys Investors Service
Bangalore / Bengaluru
Credit Associate
· 0-2 years
Svatantra Microfin
₹2
L/yr
- ₹3.5
L/yr
Madurai
Credit Associate
· 3-8 years
Talentboon Consulting
Hyderabad / Secunderabad
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Associate Salary
2 -
10
years
exp.
(2.3L salaries)
| ₹2.3 L/yr - ₹23 L/yr |
Process Associate Salary
0 -
5
years
exp.
(1L salaries)
| ₹1.6 L/yr - ₹4.4 L/yr |
Login to view exact salary
| |
Associate Salary
0 -
8
years
exp.
(2.3L salaries)
| ₹1.9 L/yr - ₹16.6 L/yr |
Account Assistant Salary
1 -
9
years
exp.
(1.1L salaries)
| ₹1 L/yr - ₹4.4 L/yr |
Executive Salary
1 -
9
years
exp.
(1.7L salaries)
| ₹1.8 L/yr - ₹7.8 L/yr |
View more similar designations
Salary related reviews by similar designations like Credit Associate
Kotak Mahindra Bank
Deputy Manager
• posted on 18 Jan 2025
Likes
It's the best company for stability, Learning, Growth, increase your value in the market.
- Salary - Excellent
+6 more
Dislikes
Salary competitive less as per Market otherwise wonderful
Mahindra Rural Housing Finance
Credit Associate
• posted on 28 Mar 2018
Likes
This is a good company to work and team work is awesome appraisals are good but salary hikes are low.
read more- Salary - Good
+5 more
Dislikes
No time maintainance, no good appraisals, not so much of skill development.
Kotak Mahindra Bank
Senior Manager
• posted on 17 Oct 2024
Likes
Employee home loan facility for staff at lesser rate of interest ....nearly 50% less rest is ok ok
Dislikes
...ime extended working hours .....Which somewhere it disturbs work life balance... Salary hike is average and bonus depends on work
read more- Promotions - Poor
+1 more
Kotak Mahindra Bank
Associate
• posted on 24 Sep 2023
Likes
Work environment good... Managers support also good
- Skill development - Good
+1 more
Dislikes
Salary not good in my position...work timing not good...
- Job security - Bad
+1 more
Top skills for Credit Associate
Credit Associate Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Credit Associate
1 -
5
years
exp.
| ₹2.2 L/yr - ₹22 L/yr |
Mumbai
Credit Associate
1 -
6
years
exp.
| ₹1.7 L/yr - ₹30 L/yr |
Login to view exact salary
| |
New Delhi
Credit Associate
1 -
6
years
exp.
| ₹2.3 L/yr - ₹7.2 L/yr |
Pune
Credit Associate
1 -
5
years
exp.
| ₹2 L/yr - ₹7 L/yr |
Chennai
Credit Associate
1 -
5
years
exp.
| ₹1.2 L/yr - ₹10 L/yr |
View More
Credit Associate Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Credit Associate
1 -
6
years
exp.
| ₹1.7 L/yr - ₹25.3 L/yr |
NBFC Credit Associate
1 -
5
years
exp.
| ₹1.4 L/yr - ₹3.5 L/yr |
Login to view exact salary
| |
Banking Credit Associate
1 -
6
years
exp.
| ₹2 L/yr - ₹18.5 L/yr |
Internet Credit Associate
1 -
5
years
exp.
| ₹2.1 L/yr - ₹10 L/yr |
IT Services & Consulting Credit Associate
1 -
5
years
exp.
| ₹1.8 L/yr - ₹17.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Credit Associate Salaries
What is the salary of a Credit Associate in India?
The salary of a Credit Associate in India varies based on experience, location, company & Industry.
On average, Credit Associate salaries ranges from ₹1.5 Lakhs to ₹20.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹1.5 Lakhs to ₹20.0 Lakhs per year, with the highest salary reaching ₹20.0 Lakhs to ₹46.1 Lakhs per year. Salary estimates are based on 538 salaries received from various Credit Associates across industries.
The average starting salary is around ₹1.5 Lakhs to ₹20.0 Lakhs per year, with the highest salary reaching ₹20.0 Lakhs to ₹46.1 Lakhs per year. Salary estimates are based on 538 salaries received from various Credit Associates across industries.
What are the top paying companies that employ Credit Associates?
Credit Associate Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| JPMorgan Chase & Co. Credit Associate Salary | ₹20 Lakhs to ₹46.1 Lakhs per year |
| Acuity Knowledge Partners Credit Associate Salary | ₹5 Lakhs to ₹6.5 Lakhs per year |
| Kotak Mahindra Bank Credit Associate Salary | ₹1.8 Lakhs to ₹3.5 Lakhs per year |
| Muthoot Homefin India Credit Associate Salary | ₹2 Lakhs to ₹3.2 Lakhs per year |
| Mahindra Rural Housing Finance Credit Associate Salary | ₹1.4 Lakhs to ₹2.4 Lakhs per year |
What are the top paying cities for Credit Associate in India?
The annual salary for Credit Associate in India varies by location. Top paying cities for Credit Associate are
Salary expectations for Credit Associate may vary based on job roles, experience, and specific employer requirements.
| Credit Associate Salary in Bangalore / Bengaluru | ₹2.2 Lakhs to ₹22.0 Lakhs per year |
| Credit Associate Salary in Mumbai | ₹1.7 Lakhs to ₹30.0 Lakhs per year |
| Credit Associate Salary in New Delhi | ₹2.3 Lakhs to ₹7.2 Lakhs per year |
| Credit Associate Salary in Pune | ₹2.0 Lakhs to ₹7.0 Lakhs per year |
| Credit Associate Salary in Chennai | ₹1.2 Lakhs to ₹10.0 Lakhs per year |
What are the top paying industries for Credit Associate in India?
Top 5 paying Industries for Credit Associate in India are:
| Credit Associate Salary in Financial Services | ₹1.7 Lakhs to ₹25.3 Lakhs per year |
| Credit Associate Salary in NBFC | ₹1.4 Lakhs to ₹3.5 Lakhs per year |
| Credit Associate Salary in Banking | ₹2.0 Lakhs to ₹18.5 Lakhs per year |
| Credit Associate Salary in Internet | ₹2.1 Lakhs to ₹10.0 Lakhs per year |
| Credit Associate Salary in IT Services & Consulting | ₹1.8 Lakhs to ₹17.5 Lakhs per year |
How does experience affect salaries of a Credit Associate in India?
Experience significantly impacts a Credit Associate salary in India. Salaries increase with experience, as Credit Associate take on more complex tasks, responsibilities, and leadership roles.
Credit Associate salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.2 Lakhs to ₹5.4 Lakhs per year |
| 2 years | ₹1.5 Lakhs to ₹14.5 Lakhs per year |
| 3 years | ₹1.5 Lakhs to ₹18.5 Lakhs per year |
| 4 years | ₹1.9 Lakhs to ₹29.5 Lakhs per year |
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