Credit Officer
Annual salary range
₹2 Lakhs - ₹8 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries byCredit Officer Salary in Mumbai
based on 670
latest salaries
• updated:
2 Dec 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise Credit Officer salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(85
salaries)
|  ₹2 L/yr - ₹5.8 L/yr |
2
years
(116
salaries)
| ₹2 L/yr - ₹7 L/yr |
Login to view exact salary
| |
3
years
(111
salaries)
| ₹2 L/yr - ₹8 L/yr |
4
years
(107
salaries)
| ₹2 L/yr - ₹7.5 L/yr |
5
years
(109
salaries)
| ₹2 L/yr - ₹6 L/yr |
View all salaries by experience
Credit Officer Salary in
Mumbai ranges between ₹2
Lakhs to ₹8
Lakhs for
1 year of experience to 7 years of experience
. Salary estimates are based on
670 latest salaries received
from Credit Officer.
See latest salaries
Credit Officer salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Finance & Accounting
Credit Officer Salary
1 - 7
years
exp.
(253
salaries)
| ₹2 L/yr - ₹8 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
Credit Officer Salary
1 - 7
years
exp.
(240
salaries)
| ₹2 L/yr - ₹7.5 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Credit Officers
1d ago
Pink City Fincap
Credit Officer
6 years exp.
1d ago
Bank of Baroda
Credit Officer
6 years exp.
1d ago
Five-Star Business Finance
Credit Officer
5 years exp.
1d ago
Fly Hi Financial Services
Credit Officer
6 years exp.
2d ago
Axis Bank
Credit Officer
3 years exp.
2d ago
Non-bank Financial Institution
Credit Officer
1 year exp.
2d ago
NeoGrowth Credit
Credit Officer
3 years exp.
2d ago
Cholamandalam Investment & Finance
Credit Officer
4 years exp.
2d ago
Cholamandal
Credit Officer
3 years exp.
2d ago
HDB Financial Services
Credit Officer
4 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | ||
| | ||
| | ||
| | ||
| | ||
Is this list helpful? | ||
View more companies
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 -
6
yrs
exp.
.
Mumbai
(14 salaries)
|
₹2.2 L/yr - ₹3.8 L/yr | |
0 -
8
yrs
exp.
.
Mumbai
(12 salaries)
|
₹2.5 L/yr - ₹4.5 L/yr | |
Login to view exact salary
| ||
1 -
6
yrs
exp.
.
Mumbai
(12 salaries)
|
₹1.9 L/yr - ₹2.8 L/yr | |
2 -
9
yrs
exp.
.
Mumbai
(11 salaries)
|
₹1.8 L/yr - ₹3.6 L/yr | |
0 -
5
yrs
exp.
.
Mumbai
(11 salaries)
|
₹2.2 L/yr - ₹3.5 L/yr | |
1 -
7
yrs
exp.
.
Mumbai
(10 salaries)
|
₹1.5 L/yr - ₹3.2 L/yr | |
3 -
11
yrs
exp.
.
Mumbai
(10 salaries)
|
₹4.6 L/yr - ₹9 L/yr | |
1 -
5
yrs
exp.
.
Mumbai
(10 salaries)
|
₹2.8 L/yr - ₹3.7 L/yr | |
Login to view exact salary
| ||
2 -
8
yrs
exp.
.
Mumbai
(9 salaries)
|
₹4.3 L/yr - ₹11.5 L/yr | |
Credit Officer Jobs in Mumbai
Credit Officer
· 1-4 years
DEUTSCHE BANK AG
Mumbai
Credit Officer
· 0-6 years
Tata Capital Ltd
Rajapalayam
Credit Officer
· 2-6 years
JPMorgan Chase
Bangalore / Bengaluru
Similar Designation Salaries for Credit Officer
| Designations | Avg Annual Salary |
|---|---|
Credit Manager Salary
1 -
10
years
exp.
(2.8k salaries)
| ₹3.6 L/yr - ₹13.5 L/yr |
Sales Officer Salary
1 -
10
years
exp.
(4k salaries)
| ₹1.8 L/yr - ₹6.2 L/yr |
Login to view exact salary
| |
Senior Credit Officer Salary
2 -
8
years
exp.
(125 salaries)
| ₹2.3 L/yr - ₹7 L/yr |
Officer Salary
1 -
9
years
exp.
(5.2k salaries)
| ₹1.8 L/yr - ₹8.8 L/yr |
Credit Analyst Salary
1 -
7
years
exp.
(1.6k salaries)
| ₹2.2 L/yr - ₹20 L/yr |
View more similar designations
Salary reviews by Credit Officer and similar roles
Punjab and Maharashtra Co-operative Bank
Credit Officer in Mumbai
• posted on 22 Nov 2024
Likes
Work life balance and company culture was very good.
Dislikes
When it comes to salary and compensation it was very low as per the designations.
read moreICICI Bank
Chief Manager in New Delhi
• posted on 25 Oct 2024
Likes
...g you can enjoy. You have to do one thing only. Do your Job with responsibility. Nothing will bother you inprospect of Job security, salary. You are working in most established brand who care for its employees.
read moreDislikes
Nothing
Yes Bank
Sales Officer in Anand
• posted on 08 Oct 2024
Likes
Enjoyed working..got to learn..got to know a lot..worked for 2.5 years..this was my first job in life..I will never forget yes bank..now I am not working yes bank... Every time I remember, I go to the bank and meet all the staff...and I do all my bank work from Yes Bank...I will never forget the first job of my life.
read moreDislikes
I was in yes bank in me-hin company we were working in yes bank and me-hin used to make our salary but I had no problem with that...but our salary was not increasing...my reason for leaving was salary and Secondly, Shaleen Dodia, the cluster head in Borsad branch, did not know how to respect any employee. And was giving more mental torture...that is why she left working in Yes Bank.
read moreHDFC Bank
Sales Officer in Kolkata
• posted on 12 Nov 2024
Likes
a good learning environment, strong career growth opportunities, competitive salary and benefits, a supportive work culture, good infrastructure, and a reputation for job security
read moreDislikes
high pressure sales targets, poor work-life balance, lack of career growth, and a perceived toxic work environment.
ANZ Banking Group
Senior Manager in Bangalore / Bengaluru
• posted on 25 Oct 2024
Likes
Overall it is good. Salary is good as per market. Bonus apart from salary . Latest Tech
read moreDislikes
Contractor and consultant are treated as permanent staff while permanent staff are treated like contractors sometimes. Many times it is contractor driven which permanent staff feels bad.
read moreTop skills for Credit Officer
Credit Officer Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Credit Officer
1 -
7
years
exp.
| ₹2 L/yr - ₹9 L/yr |
Bangalore / Bengaluru
Credit Officer
1 -
7
years
exp.
| ₹2 L/yr - ₹10 L/yr |
Login to view exact salary
| |
Pune
Credit Officer
1 -
7
years
exp.
| ₹1.8 L/yr - ₹5.6 L/yr |
Chennai
Credit Officer
1 -
7
years
exp.
| ₹1.6 L/yr - ₹6 L/yr |
Jaipur
Credit Officer
1 -
7
years
exp.
| ₹1.7 L/yr - ₹4.3 L/yr |
View More
Credit Officer Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Credit Officer
1 -
7
years
exp.
| ₹1.8 L/yr - ₹8.4 L/yr |
Banking
Credit Officer
1 -
7
years
exp.
| ₹1.8 L/yr - ₹10.5 L/yr |
Login to view exact salary
| |
NBFC
Credit Officer
1 -
7
years
exp.
| ₹1.8 L/yr - ₹4 L/yr |
Internet
Credit Officer
1 -
7
years
exp.
| ₹2 L/yr - ₹4.5 L/yr |
Insurance
Credit Officer
1 -
7
years
exp.
| ₹1.6 L/yr - ₹3.5 L/yr |
View More
Frequently Asked Questions about Credit Officer Salaries
What is the salary of a Credit Officer in India?
Salary for a Credit Officer in India ranges between ₹2.0 Lakhs to ₹8.0 Lakhs per year. Salary estimates are based on 670 latest salaries received from various Credit Officers across industries.
What are the top paying companies that employ Credit Officers?
- NatWest Group Credit Officer Salary - ₹15.6 Lakhs per year
- Bank of Baroda Credit Officer Salary - ₹13.4 Lakhs per year
- State Bank of India Credit Officer Salary - ₹12.3 Lakhs per year
- Federal Bank Credit Officer Salary - ₹10.9 Lakhs per year
- Karur Vysya Bank Credit Officer Salary - ₹10.4 Lakhs per year
What is the starting salary for a Credit Officer in India?
Average starting Salary for Credit Officer in India is around ₹2.0 Lakhs per year (₹16.7k per month). 1 year of minimum experience is required to be a Credit Officer.
What is the highest salary for a Credit Officer in India?
Highest salary that a Credit Officer can earn is ₹20.8 Lakhs per year (₹1.7L per month).
What are the top paying industries for Credit Officer in India?
- Banking - ₹1.5 Lakhs to 50.0 Lakhs per year
- Financial Services - ₹0.3 Lakhs to 45.0 Lakhs per year
- BPO - ₹1.9 Lakhs to 5.0 Lakhs per year
- FinTech - ₹1.9 Lakhs to 7.1 Lakhs per year
- NBFC - ₹1.2 Lakhs to 8.5 Lakhs per year
What are the top paying cities for Credit Officer in India?
- Bangalore / Bengaluru - ₹0.2 Lakhs to 45.0 Lakhs per year
- Mumbai - ₹0.2 Lakhs to 50.0 Lakhs per year
- New Delhi - ₹0.1 Lakhs to 22.0 Lakhs per year
- Pune - ₹0.2 Lakhs to 51.0 Lakhs per year
- Chennai - ₹0.6 Lakhs to 33.0 Lakhs per year
What are the popular/top skills required to become a Credit Officer?
These are the top skills of a Credit Officer based on 42 jobs posted by employers.
- Finance
- Risk Management
- Credit Analysis
- Credit Management
- Personal Loans
Tell us how to improve this page.
Popular Calculators
Credit Officer Interview Questions
based on 194 interviews
Q1.
In this round HR ask question from my CV.
Q2.
How can handle HL and LAP product
Q3.
What is difference between housing loan and mortgage loan
Q4.
Which one is eligible for housing and mortgage loan and other loan
Calculate your monthly in-hand salary
What’s left after taxes? Enter your CTC for a breakdown.
- Home >
- Salaries >
- Credit Officer Salary >
- Credit Officer Salary in Mumbai
Rate your company