Avanse Financial Services Credit Officer Salaries by 10+ Employees (Updated 2025)

1 - 7 years exp.

₹2.8 Lakhs - ₹5.4 Lakhs

Salary of majority employees

7% more than the average Credit Officer Salary in Financial Services Companies for 1 - 7 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 1 - 7 years exp. (6 salaries)	₹3.3 L/yr - ₹4.2 L/yr
BFSI, Investments & Trading Credit Officer Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.4 L/yr
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Customer Success, Service & Operations Credit Officer Salary 2 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹3.9 L/yr

Last Updated: 22 Feb 2025

Companies similar to Avanse Financial Services for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Indusind Marketing & Financial Services Credit Officer Salary 1 - 7 years exp. (22 salaries)	₹1.3 L/yr - ₹3 L/yr 39% less
Hero Housing Finance Credit Officer Salary 1 - 8 years exp. (11 salaries)	₹2.8 L/yr - ₹3.7 L/yr 18% less
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Pamac Finserve Credit Officer Salary 2 - 6 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 39% less
SMEcorner Credit Officer Salary 3 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.4 L/yr 35% less
KapitalTech Credit Officer Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr 45% less
Samunnati Financial Intermediation and Services Credit Officer Salary 2 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 23% less
HDFC Credila Financial Services Credit Officer Salary 1 - 2 years exp. (4 salaries)	₹3 L/yr - ₹1 Cr/yr 632% more
Oxyzo Financial Services Credit Officer Salary 2 - 7 years exp. (4 salaries)	₹3.1 L/yr - ₹4 L/yr 7% less

Credit Officer salary at Avanse Financial Services ranges between ₹2.8 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 16 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Credit Officer salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.1 L/yr
2 years (3 salaries)	₹2.8 L/yr - ₹6.8 L/yr
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3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.5 L/yr
4 years (3 salaries)	₹3.4 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.7 L/yr
6 years (5 salaries)	₹3.3 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.2 L/yr

View all

Similar Designation salaries in Avanse Financial Services

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Senior Credit Officer Salary

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₹3 L/yr - ₹3.05 L/yr

Credit Underwriter Salary

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₹3.1 L/yr - ₹4.5 L/yr

Credit Executive Salary

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₹1.55 L/yr - ₹3.25 L/yr

Area Credit Manager Salary

(7 salaries)

₹10 L/yr - ₹13 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Deputy Manager Salary

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₹4.8 L/yr - ₹11 L/yr

Chief Manager Salary

(18 salaries)

₹17 L/yr - ₹28 L/yr

Top skills at Avanse Financial Services for Credit Officer

Underwriting Credit Appraisal Medical Underwriting Credit Underwriting Credit Processing Credit Appraisal mortgage US Mortgage CPA Laptop Credit Underwriting Biochemistry Credit Lap SAP Quality Management

Salary related reviews for Avanse Financial Services

Credit Executive in Chennai

Full Time

Other Department

5.0

• posted on 27 Apr 2022

5.0

for Salary and Benefits

Likes

Avanse Financial Services Ltd is very good work environment and culture teammates and colliques are so supportive to me and the management is transparent. Company policies are good.

Salary - Excellent

+6 more

Dislikes

Really a good company.. Learn lot of things in the company. Salary is decent I have 1.5 years experience in the company

Deputy Manager in Andheri

Customer Success, Service & Operations Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

There should be something to like inorder to answer this question. Shit place to work

Dislikes

...too. Systems are not mature enough. Maximum work is manual. Management is baise. Only pay comes on time

Salary - Bad

+6 more

Senior Graphic Designer in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 29 Jul 2023

4.0

for Salary and Benefits

Likes

Good company as the director don't create pressure of work but is very flexible minded person, received salary on time.

Salary - Good

+2 more

Dislikes

The only thing that I don't like is they don't have off even for days like rakhi aur bhai duj or any other Indian festivals.

Skill development - Bad

+2 more

Management Trainee in Mumbai

Full Time

Risk Management & Compliance Department

1.0

• posted on 17 Jul 2023

2.0

for Salary and Benefits

Likes

Salary and employee benefits are good in terms with the market trends

Dislikes

There is no work life balance. Managers are extremely aggressive and it is expected to work overtime and on weekends. There is no training or guidance from the seniors and the attrition rate is very high due to which there is no stability. The HR does not take cognizance of employees issues.

Salary - Poor

+6 more

Branch Sales Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 16 Apr 2021

5.0

for Salary and Benefits

Likes

Company take care of every aspect of the employee. During covid most of the company was deducting the salary but our company was giving the additional payment. Like leave inchasment and incentive. During customer company has taken care of every employee. Being a sales driven company still company is working roster..

Salary - Excellent

+6 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Avanse Financial Services Credit Officer Salary FAQs

What is the salary of Credit Officer at Avanse Financial Services ?

The average salary of a Credit Officer at Avanse Financial Services in India typically ranges from ₹2.8 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Credit Officer at Avanse Financial Services earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. Credit Officer Salaries at Avanse Financial Services can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Avanse Financial Services employees in India.

What is the estimated take home salary of a Credit Officer at Avanse Financial Services in India?

The estimated take-home salary of a Credit Officer at Avanse Financial Services in India typically ranges from ₹28,723 to ₹30,107 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 1 year to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Avanse Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Officer at Avanse Financial Services ?

To be a Credit Officer at Avanse Financial Services in india, the key skills required include:

- Underwriting
- Credit Appraisal
- Medical Underwriting
- Credit Underwriting
- Credit Processing

These skills are highly valued at Avanse Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Avanse Financial Services for Credit Officer in India?

HDFC Credila Financial Services

₹3.0 Lakhs to ₹102.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Avanse Financial Services, depending on the role and experience level.

What is the salary of a Credit Officer in companies similar to Avanse Financial Services in India?

The salary of a Credit Officer at companies similar to Avanse Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Oxyzo Financial Services	₹3.1 Lakhs to ₹4.0 Lakhs per year
Hero Housing Finance	₹2.8 Lakhs to ₹3.7 Lakhs per year
Samunnati Financial Intermediation and Services	₹2.3 Lakhs to ₹3.5 Lakhs per year
SMEcorner	₹2.5 Lakhs to ₹3.4 Lakhs per year
Indusind Marketing & Financial Services	₹1.3 Lakhs to ₹3.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Credit Officer at Avanse Financial Services in India?

The salary growth for a Credit Officer at Avanse Financial Services depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Avanse Financial Services:

Experience	Average Salary Range
1 year	₹1.5 Lakhs to ₹4.1 Lakhs per year
2 years	₹2.8 Lakhs to ₹6.8 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.5 Lakhs per year
4 years	₹3.4 Lakhs to ₹5.4 Lakhs per year

and so on.

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Avanse Financial Services Credit Officer Salaries

Avanse Financial Services Credit Officer salary in India ranges between ₹2.8 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.