Credit Officer
Annual salary range
₹1.7 Lakh - ₹7 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 Officer Salary in India (Updated 2025)
based on 7.8k
latest salaries
• updated:
24 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Credit Officer Salary in India ranges between ₹1.7 Lakh to ₹7 Lakhs for 1 year of experience to 7 years of experience. Salary estimates are based on 7.8k latest salaries received from Credit Officer.
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 |
|---|---|---|
State Bank of India Credit Officer Salary
2 years exp |  | |
Citicorp Credit Officer Salary
2 years exp | | |
 Credit Officer Salary
2 years exp | | |
 Credit Officer Salary
2 years exp | | |
 Credit Officer Salary
2 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
8
yrs
exp.
(359 salaries)
|
₹1.9 L/yr - ₹6 L/yr | |
0 -
9
yrs
exp.
(277 salaries)
|
₹1.6 L/yr - ₹4.4 L/yr | 19 job openings |
Login to view exact salary
| ||
1 -
8
yrs
exp.
(249 salaries)
|
₹1.5 L/yr - ₹4 L/yr | |
0 -
5
yrs
exp.
(242 salaries)
|
₹1.5 L/yr - ₹4.1 L/yr | 5 job openings |
0 -
6
yrs
exp.
(238 salaries)
|
₹1.3 L/yr - ₹4 L/yr | |
0 -
9
yrs
exp.
(219 salaries)
|
₹2 L/yr - ₹4.5 L/yr | |
1 -
9
yrs
exp.
(207 salaries)
|
₹1.6 L/yr - ₹5.2 L/yr | |
0 -
6
yrs
exp.
(199 salaries)
|
₹1.2 L/yr - ₹4 L/yr | |
Login to view exact salary
| ||
0 -
6
yrs
exp.
(171 salaries)
|
₹1.2 L/yr - ₹6.5 L/yr | 1 job opening |
0 -
7
yrs
exp.
(167 salaries)
|
₹1.4 L/yr - ₹4.4 L/yr | |
Latest annual salaries shared by Credit Officers
1d ago
HDB Financial Services
Credit Officer
5 years exp.
2d ago
Satin Finserv
Credit Officer
4 years exp.
2d ago
NeoGrowth Credit
Credit Officer
6 years exp.
2d ago
iKORP Technology Consulting
Credit Officer
5 years exp.
2d ago
HDB Financial Services
Credit Officer
1 year exp.
2d ago
MAS Financial Services
Credit Officer
2 years exp.
2d ago
Equitas Small Finance Bank
Credit Officer
3 years exp.
2d ago
MAS Financial Services
Credit Officer
3 years exp.
3d ago
ESAF Small Finance Bank
Credit Officer
2 years exp.
3d ago
AU Small Finance Bank
Credit Officer
2 years exp.
View all latest salaries
Credit Officer salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(1.3k
salaries)
| ₹1.5 L/yr - ₹4.5 L/yr |
2
years
(1.6k
salaries)
| ₹1.6 L/yr - ₹4.8 L/yr |
Login to view exact salary
| |
3
years
(1.5k
salaries)
| ₹1.8 L/yr - ₹5 L/yr |
4
years
(1.3k
salaries)
| ₹2 L/yr - ₹6.5 L/yr |
5
years
(1.1k
salaries)
| ₹2 L/yr - ₹10 L/yr |
View all salaries by experience
Credit Officer Jobs in India
Credit Officer
· 8-10 years
Equitas Small Finance Bank Ltd
Kumbakonam
Credit Officer
· 7-9 years
JPMorgan Chase
Mumbai
Credit Officer
· 2-5 years
DEUTSCHE BANK AG
Mumbai
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Credit Manager Salary
1 -
10
years
exp.
(19.8k salaries)
| ₹3 L/yr - ₹13 L/yr |
Sales Officer Salary
1 -
10
years
exp.
(85.5k salaries)
| ₹1.5 L/yr - ₹6.2 L/yr |
Login to view exact salary
| |
Senior Credit Officer Salary
2 -
8
years
exp.
(1.2k salaries)
| ₹2.1 L/yr - ₹7.6 L/yr |
Officer Salary
1 -
10
years
exp.
(61k salaries)
| ₹2 L/yr - ₹8.6 L/yr |
Credit Analyst Salary
1 -
8
years
exp.
(7.5k salaries)
| ₹2.2 L/yr - ₹16.1 L/yr |
View more similar designations
Salary related reviews by similar designations like Credit Officer
ICICI Bank
Credit Manager
• posted on 01 Jan 2025
Likes
Will get bonus irrespective of performance.
- Job security - Excellent
+1 more
Dislikes
Grading system based on colleges and not based on performance
- Skill development - Poor
+1 more
L&T Finance
Senior Manager
• posted on 24 Jan 2025
Likes
The work culture is dramatically different from before after the Leadership change. It’s all about work life balance and flexibility now.
read more- Work-life balance - Good
Dislikes
While the work culture has improved there’s now a decline in opportunities for salary growth and promotions.
read more- Skill development - Poor
+4 more
Axis Bank
Sales Officer
• posted on 14 Dec 2024
Likes
Positive work culture
- Salary - Excellent
+6 more
Dislikes
Work life balance, sales oriented rather than being service oriented, unrealistic expectations, low salary, less transparency
read moreState Bank of India
Chief Manager
• posted on 24 Feb 2025
Likes
Salary, Promotion, Perquisites, Subsidised loans
- Salary - Excellent
+3 more
Dislikes
Transfers, Daily Late Sitting, Non productive meetings/ VCs, Undue pressure for targets
- Work-life balance - Poor
Muthoot Fincorp
Senior Manager
• posted on 23 Dec 2024
Likes
1. Good Culture 2. Work life balance. 3. Org works for Employee Health and well being. Altogether good org
- Skill development - Good
+4 more
Dislikes
Salary discrimination, same grade different in salary package. Not counting the overall experience..
read moreTop skills for Credit Officer
Credit Officer Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Credit Officer
1 -
7
years
exp.
| ₹2 L/yr - ₹8.5 L/yr |
New Delhi
Credit Officer
1 -
7
years
exp.
| ₹2 L/yr - ₹8.5 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Credit Officer
1 -
7
years
exp.
| ₹2.1 L/yr - ₹10 L/yr |
Pune
Credit Officer
1 -
7
years
exp.
| ₹1.8 L/yr - ₹5.5 L/yr |
Chennai
Credit Officer
1 -
7
years
exp.
| ₹1.7 L/yr - ₹6 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 L/yr |
NBFC Credit Officer
1 -
7
years
exp.
| ₹1.8 L/yr - ₹4.2 L/yr |
Login to view exact salary
| |
Banking Credit Officer
1 -
7
years
exp.
| ₹1.8 L/yr - ₹10.5 L/yr |
Internet Credit Officer
1 -
7
years
exp.
| ₹2 L/yr - ₹4.5 L/yr |
FinTech Credit Officer
1 -
7
years
exp.
| ₹2.1 L/yr - ₹4.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Credit Officer Salaries
What is the salary of a Credit Officer in India?
The salary of a Credit Officer in India varies based on experience, location, company & Industry.
On average, Credit Officer salaries ranges from ₹1.7 Lakhs to ₹7.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹1.7 Lakhs to ₹7.0 Lakhs per year, with the highest salary reaching ₹9.6 Lakhs to ₹12.5 Lakhs per year. Salary estimates are based on 7.8k salaries received from various Credit Officers across industries.
The average starting salary is around ₹1.7 Lakhs to ₹7.0 Lakhs per year, with the highest salary reaching ₹9.6 Lakhs to ₹12.5 Lakhs per year. Salary estimates are based on 7.8k salaries received from various Credit Officers across industries.
What are the top paying companies that employ Credit Officers?
Credit Officer Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| State Bank of India Credit Officer Salary | ₹9.6 Lakhs to ₹12.5 Lakhs per year |
| Citicorp Credit Officer Salary | ₹4.3 Lakhs to ₹19.2 Lakhs per year |
| Federal Bank Credit Officer Salary | ₹10 Lakhs to ₹16 Lakhs per year |
| Bank of India Credit Officer Salary | ₹5 Lakhs to ₹10.5 Lakhs per year |
| ANZ Banking Group Credit Officer Salary | ₹5.8 Lakhs to ₹11 Lakhs per year |
What are the top paying cities for Credit Officer in India?
The annual salary for Credit Officer in India varies by location. Top paying cities for Credit Officer are
Salary expectations for Credit Officer may vary based on job roles, experience, and specific employer requirements.
| Credit Officer Salary in Gurgaon / Gurugram | ₹2.1 Lakhs to ₹15.0 Lakhs per year |
| Credit Officer Salary in Mumbai | ₹2.0 Lakhs to ₹8.5 Lakhs per year |
| Credit Officer Salary in Kolkata | ₹1.3 Lakhs to ₹10.0 Lakhs per year |
| Credit Officer Salary in Bangalore / Bengaluru | ₹2.1 Lakhs to ₹10.0 Lakhs per year |
| Credit Officer Salary in Hyderabad / Secunderabad | ₹1.8 Lakhs to ₹8.5 Lakhs per year |
What are the top paying industries for Credit Officer in India?
Top 5 paying Industries for Credit Officer in India are:
| Credit Officer Salary in Banking / Insurance / Accounting | ₹2.0 Lakhs to ₹13.0 Lakhs per year |
| Credit Officer Salary in Banking | ₹1.8 Lakhs to ₹10.5 Lakhs per year |
| Credit Officer Salary in IT Services & Consulting | ₹1.8 Lakhs to ₹10.0 Lakhs per year |
| Credit Officer Salary in Financial Services | ₹1.8 Lakhs to ₹8.0 Lakhs per year |
| Credit Officer Salary in FinTech | ₹2.1 Lakhs to ₹4.5 Lakhs per year |
How does experience affect salaries of a Credit Officer in India?
Experience significantly impacts a Credit Officer salary in India. Salaries increase with experience, as Credit Officer take on more complex tasks, responsibilities, and leadership roles.
Credit Officer salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.5 Lakhs to ₹4.5 Lakhs per year |
| 2 years | ₹1.6 Lakhs to ₹4.8 Lakhs per year |
| 3 years | ₹1.8 Lakhs to ₹5.0 Lakhs per year |
| 4 years | ₹2.0 Lakhs to ₹6.5 Lakhs per year |
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