Senior Credit Officer
Annual salary range
₹2.3 Lakhs - ₹10 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 bySenior Credit Officer Salary in Mumbai (Updated 2025)
based on 118
latest salaries
• updated:
18 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Credit Officer Salary in Mumbai ranges between ₹2.3 Lakhs to ₹10 Lakhs for 2 years of experience to 8 years of experience. Salary estimates are based on 118 latest salaries received from Senior Credit...
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| Company name | Avg. annual salary | Open Jobs |
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.3 L/yr - ₹4.2 L/yr | |
7 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹13.5 L/yr - ₹17.2 L/yr | |
Login to view exact salary
| ||
10 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹3.7 L/yr - ₹4.7 L/yr | |
Latest annual salaries shared by Senior Credit Officers
2d ago
Indifi Capital
Senior Credit Officer
3 years exp.
4d ago
Kinara Capital
Senior Credit Officer
2 years exp.
4d ago
Bhanix Finance & Investment
Senior Credit Officer
6 years exp.
5d ago
SK Finance Limited
Senior Credit Officer
2 years exp.
1w ago
Ujjivan Small Finance Bank
Senior Credit Officer
7 years exp.
1w ago
AU Small Finance Bank
Senior Credit Officer
3 years exp.
1w ago
Aavas Financiers
Senior Credit Officer
2 years exp.
1w ago
Suryoday Small Finance Bank
Senior Credit Officer
4 years exp.
1w ago
Capital India Finance
Senior Credit Officer
6 years exp.
1w ago
HDFC Sales
Senior Credit Officer
6 years exp.
View all latest salaries
Senior Credit Officer salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(9
salaries)
| ₹2.3 L/yr - ₹3 L/yr |
3
years
(18
salaries)
| ₹2.6 L/yr - ₹4.4 L/yr |
Login to view exact salary
| |
4
years
(22
salaries)
| ₹2.8 L/yr - ₹4.8 L/yr |
5
years
(26
salaries)
| ₹2 L/yr - ₹5.5 L/yr |
6
years
(18
salaries)
| ₹2.5 L/yr - ₹15 L/yr |
View all salaries by experience
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Credit Officer Salary
1 -
7
years
exp.
(637 salaries)
| ₹2 L/yr - ₹8.5 L/yr |
Regional Credit Manager Salary
5 -
18
years
exp.
(225 salaries)
| ₹8.8 L/yr - ₹32 L/yr |
Login to view exact salary
| |
Senior Executive Salary
2 -
11
years
exp.
(25k salaries)
| ₹2.3 L/yr - ₹10 L/yr |
Deputy Credit Manager Salary
1 -
10
years
exp.
(90 salaries)
| ₹4 L/yr - ₹9.3 L/yr |
Zonal Credit Manager Salary
7 -
19
years
exp.
(92 salaries)
| ₹14.5 L/yr - ₹45 L/yr |
View more similar designations
Salary related reviews by similar designations like Senior Credit Officer
AU Small Finance Bank
Sales Officer in Tikamgarh
• posted on 26 Jan 2025
Likes
Au small finance bank very good company. Good timing. Good salary.
- Salary - Good
+6 more
Dislikes
Au small finance bank very good job.good company.
Sammaan Capital Limited
Sales Officer in Ahmednagar
• posted on 22 Oct 2019
Likes
Job Security is Excellent! Career Growth is confirm for performing employees! Every year we gets Salary Increments & Appraisals! I doesn't noticed any kind of politics in my more than 2 year's association with Indiabulls Housing Finance Ltd! Work environment is very familiar! In fact we works as a family! Balance between work & life is Excellent!
read more- Salary - Good
+6 more
Dislikes
There is nothing any single reason to dislike about working in Indiabulls Housing Finance Ltd.
Cholamandalam Investment & Finance
Branch Credit Manager in Mumbai
• posted on 12 Jun 2022
Likes
Good compensation Team is good Work life balance
- Salary - Excellent
+5 more
Dislikes
Too many con calls Once you have achieved your target they don't satisfy they want more
- Skill development - Poor
Aptus Value Housing Finance India
Deputy Credit Manager in Coimbatore
• posted on 05 Mar 2019
Likes
The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.
read more- Salary - Good
+6 more
Dislikes
Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes
read moreAavas Financiers
Senior Executive in Jaipur
• posted on 01 Nov 2022
Likes
Great company
- Salary - Good
+6 more
Dislikes
Company should think more about employee's welfare. My recommendation is to increase the salary bar
read moreSenior Credit Officer Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Senior Credit Officer
2 -
8
years
exp.
| ₹2.6 L/yr - ₹7.5 L/yr |
Bangalore / Bengaluru
Senior Credit Officer
2 -
8
years
exp.
| ₹2.5 L/yr - ₹13.8 L/yr |
Login to view exact salary
| |
Pune
Senior Credit Officer
2 -
8
years
exp.
| ₹2.3 L/yr - ₹7 L/yr |
Chennai
Senior Credit Officer
2 -
8
years
exp.
| ₹2.5 L/yr - ₹6.5 L/yr |
Jaipur
Senior Credit Officer
2 -
8
years
exp.
| ₹2.3 L/yr - ₹4.2 L/yr |
View More
Senior Credit Officer Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Senior Credit Officer
2 -
8
years
exp.
| ₹2.1 L/yr - ₹7 L/yr |
NBFC Senior Credit Officer
2 -
8
years
exp.
| ₹2.2 L/yr - ₹5 L/yr |
Login to view exact salary
| |
Banking Senior Credit Officer
2 -
8
years
exp.
| ₹2.1 L/yr - ₹12.5 L/yr |
Internet Senior Credit Officer
2 -
7
years
exp.
| ₹2 L/yr - ₹6.5 L/yr |
FinTech Senior Credit Officer
2 -
8
years
exp.
| ₹2.8 L/yr - ₹5.5 L/yr |
View More
Frequently Asked Questions about Senior Credit Officer Salaries
What is the salary of a Senior Credit Officer in India?
Salary for a Senior Credit Officer in India ranges between ₹2.3 Lakhs to ₹10.0 Lakhs per year. Salary estimates are based on 118 latest salaries received from various Senior Credit Officers across industries.
What are the top paying companies that employ Senior Credit Officers?
- ANZ Banking Group Senior Credit Officer Salary - ₹12.2 Lakhs per year
- Ujjivan Small Finance Bank Senior Credit Officer Salary - ₹4.5 Lakhs per year
- HDFC Bank Senior Credit Officer Salary - ₹4.5 Lakhs per year
- Aptus Value Housing Finance India Senior Credit Officer Salary - ₹4.2 Lakhs per year
- Cholamandalam Investment & Finance Senior Credit Officer Salary - ₹3.6 Lakhs per year
What is the starting salary for a Senior Credit Officer in India?
Average starting Salary for Senior Credit Officer in India is around ₹2.3 Lakhs per year (₹19.2k per month). 2 years of minimum experience is required to be a Senior Credit Officer.
What is the highest salary for a Senior Credit Officer in India?
Highest salary that a Senior Credit Officer can earn is ₹15.5 Lakhs per year (₹1.3L per month).
What are the top paying industries for Senior Credit Officer in India?
- Banking - ₹0.8 Lakhs to 30.8 Lakhs per year
- Financial Services - ₹2.3 Lakhs to 45.0 Lakhs per year
- FinTech - ₹3.5 Lakhs to 7.1 Lakhs per year
- Management Consulting - ₹3.7 Lakhs to 4.7 Lakhs per year
- NBFC - ₹2.0 Lakhs to 4.1 Lakhs per year
What are the top paying cities for Senior Credit Officer in India?
- Bangalore / Bengaluru - ₹2.0 Lakhs to 27.8 Lakhs per year
- Mumbai - ₹0.8 Lakhs to 45.0 Lakhs per year
- New Delhi - ₹1.8 Lakhs to 23.0 Lakhs per year
- Jaipur - ₹0.2 Lakhs to 35.0 Lakhs per year
- Pune - ₹1.8 Lakhs to 13.0 Lakhs per year
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