Credit Associate
Annual salary range
₹1.7 Lakh - ₹30 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byCredit Associate Salary in Mumbai (Updated 2025)
based on 85
latest salaries
• updated:
8 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Credit Associate Salary in Mumbai ranges between ₹1.7 Lakh to ₹30 Lakhs for 1 year of experience to 6 years of experience. Salary estimates are based on 85 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 |
|---|---|---|
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
8 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹18 L/yr - ₹23 L/yr | |
1 yr
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.4 L/yr - ₹3.1 L/yr | |
Login to view exact salary
| ||
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.3 L/yr - ₹2.9 L/yr | |
4 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.5 L/yr - ₹3.2 L/yr | |
6 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹11.3 L/yr - ₹14.4 L/yr | |
5 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.2 L/yr - ₹4.1 L/yr | |
1 yr
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹0.1 L/yr - ₹0.2 L/yr | |
4 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹2.9 L/yr - ₹3.7 L/yr | |
Login to view exact salary
| ||
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
(11
salaries)
| ₹1.2 L/yr - ₹3.1 L/yr |
2
years
(21
salaries)
| ₹1.7 L/yr - ₹18.5 L/yr |
Login to view exact salary
| |
3
years
(24
salaries)
| ₹1.9 L/yr - ₹25 L/yr |
4
years
(22
salaries)
| ₹2 L/yr - ₹35 L/yr |
5
years
(8
salaries)
| ₹2.3 L/yr - ₹35 L/yr |
View all salaries by experience
Credit Associate Jobs in Mumbai
Credit Associate
· 0-2 years
Svatantra Microfin
₹2
L/yr
- ₹3.5
L/yr
Madurai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Associate Salary
2 -
10
years
exp.
(21.3k salaries)
| ₹2.4 L/yr - ₹24.7 L/yr |
Process Associate Salary
0 -
5
years
exp.
(2.7k salaries)
| ₹1.5 L/yr - ₹4.3 L/yr |
Login to view exact salary
| |
Associate Salary
0 -
8
years
exp.
(23.1k salaries)
| ₹2 L/yr - ₹22 L/yr |
Account Assistant Salary
1 -
9
years
exp.
(14.4k salaries)
| ₹1 L/yr - ₹4.2 L/yr |
Executive Salary
1 -
9
years
exp.
(15.2k salaries)
| ₹1.8 L/yr - ₹9 L/yr |
View more similar designations
Salary related reviews by similar designations like Credit Associate
Kotak Mahindra Bank
Deputy Manager in Mumbai
• 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
Associate in Wardhannapet
• posted on 26 Jan 2021
Likes
Good work environment and culture. Teammates are supportive. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair.
read more- Skill development - Good
+2 more
Dislikes
Salary is low but work load is heavy. Workplace is not given near home
Kotak Mahindra Bank
Deputy Manager in Chennai
• posted on 24 Oct 2024
- Salary - Excellent
+2 more
Dislikes
The work life balance is very poor. You must work in 12h a day is the worst scenario.
- Work-life balance - Bad
Kotak Mahindra Bank
Deputy Manager in Navi Mumbai
• posted on 20 Nov 2023
Likes
Very good place to work. Good environment, great Learning, great support,great employee engagement
- Salary - Excellent
+6 more
Dislikes
They should offer offer good package as per market so that they can hold their employees for a long long time
read moreTop skills for Credit Associate
Credit Associate Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Credit Associate
1 -
5
years
exp.
| ₹2.2 L/yr - ₹22 L/yr |
New Delhi
Credit Associate
1 -
6
years
exp.
| ₹2.3 L/yr - ₹7.2 L/yr |
Login to view exact salary
| |
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 |
Gurgaon / Gurugram
Credit Associate
1 -
4
years
exp.
| ₹2.3 L/yr - ₹10 L/yr |
View More
Credit Associate Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Credit Associate
1 -
6
years
exp.
| ₹1.5 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 about Credit Associate Salaries
What is the salary of a Credit Associate in India?
Salary for a Credit Associate in India ranges between ₹1.7 Lakhs to ₹30.0 Lakhs per year. Salary estimates are based on 85 latest salaries received from various Credit Associates across industries.
What are the top paying companies that employ Credit Associates?
- JPMorgan Chase & Co. Credit Associate Salary - ₹27.0 Lakhs per year
- Acuity Knowledge Partners Credit Associate Salary - ₹6.3 Lakhs per year
- Kotak Mahindra Bank Credit Associate Salary - ₹2.6 Lakhs per year
- Muthoot Homefin India Credit Associate Salary - ₹2.6 Lakhs per year
- Mahindra Rural Housing Finance Credit Associate Salary - ₹1.8 Lakhs per year
What is the starting salary for a Credit Associate in India?
Average starting Salary for Credit Associate in India is around ₹1.7 Lakhs per year (₹14.2k per month). 1 year of minimum experience is required to be a Credit Associate.
What is the highest salary for a Credit Associate in India?
Highest salary that a Credit Associate can earn is ₹36.0 Lakhs per year (₹3.0L per month).
What are the top paying industries for Credit Associate in India?
- Financial Services - ₹2.7 Lakhs to 190.0 Lakhs per year
- Banking - ₹2.0 Lakhs to 20.0 Lakhs per year
- FinTech - ₹1.7 Lakhs to 20.0 Lakhs per year
- Education & Training - ₹3.0 Lakhs to 4.2 Lakhs per year
- NBFC - ₹1.9 Lakhs to 12.6 Lakhs per year
What are the top paying cities for Credit Associate in India?
- Mumbai - ₹0.1 Lakhs to 190.0 Lakhs per year
- Bangalore / Bengaluru - ₹0.2 Lakhs to 29.3 Lakhs per year
- Pune - ₹1.2 Lakhs to 16.0 Lakhs per year
- Chennai - ₹1.2 Lakhs to 12.0 Lakhs per year
- New Delhi - ₹1.8 Lakhs to 12.5 Lakhs per year
What are the popular/top skills required to become a Credit Associate?
These are the top skills of a Credit Associate based on 1 job posted by employers.
- Operations
- Finance
- Financial Analysis
- Legal
- Credit Analysis
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