Avanse Financial Services Credit Processing Associate Salaries by 5 Employees

0 - 7 years exp.

₹1.9 Lakh - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

13% less than the average Credit Processing Associate Salary in Financial Services Companies for 0 - 7 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Avanse Financial Services for Credit Processing Associate

Company name	Avg Annual Salary	Open Jobs
Hero Housing Finance Credit Processing Associate Salary 0 - 6 years exp. (36 salaries)	₹2 L/yr - ₹3.4 L/yr 11% more
SMEcorner Credit Processing Associate Salary 0 - 5 years exp. (10 salaries)	₹2.5 L/yr - ₹3.3 L/yr 25% more
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Vivriti Capital Credit Processing Associate Salary 0 - 2 years exp. (5 salaries)	₹3.5 L/yr - ₹3.6 L/yr 49% more
HDFC Credila Financial Services Credit Processing Associate Salary 1 - 3 years exp. (4 salaries)	₹1.9 L/yr - ₹3.1 L/yr 19% more
Oxyzo Financial Services Credit Processing Associate Salary 1 - 6 years exp. (4 salaries)	₹2.4 L/yr - ₹4.6 L/yr 50% more
Pamac Finserve Credit Processing Associate Salary 1 - 3 years exp. (3 salaries)	₹1.2 L/yr - ₹2.5 L/yr 29% less
KapitalTech Credit Processing Associate Salary 0 - 3 years exp. (3 salaries)	₹2.1 L/yr - ₹2.3 L/yr 5% less

Credit Processing Associate salary at Avanse Financial Services ranges between ₹1.9 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Credit Processing Associate salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

View all

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Top skills at Avanse Financial Services for Credit Processing Associate

mortgage Credit Business Loan Credit Processing Underwriting CPA Underwriting Mortgage Lap cPanel Credit CPA Business Loan Lap Laptop

Salary related reviews for Avanse Financial Services

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

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

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

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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Avanse Financial Services Credit Processing Associate Salary FAQs

What is the salary of Credit Processing Associate at Avanse Financial Services ?

The average salary of a Credit Processing Associate at Avanse Financial Services in India typically ranges from ₹1.9 Lakhs to ₹2.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Credit Processing Associate at Avanse Financial Services earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Credit Processing Associate 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 5 Avanse Financial Services employees in India.

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

The estimated take-home salary of a Credit Processing Associate at Avanse Financial Services in India typically ranges from ₹16,356 to ₹18,041 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from Fresher 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 5 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 Processing Associate at Avanse Financial Services ?

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

- mortgage
- Credit
- Business Loan
- Credit Processing
- Underwriting

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 Processing Associate in India?

Oxyzo Financial Services	₹2.4 Lakhs to ₹4.6 Lakhs per year
Vivriti Capital	₹3.5 Lakhs to ₹3.6 Lakhs per year
SMEcorner	₹2.5 Lakhs to ₹3.3 Lakhs per year
HDFC Credila Financial Services	₹1.9 Lakhs to ₹3.1 Lakhs per year
Hero Housing Finance	₹2.0 Lakhs to ₹3.4 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 Processing Associate in companies similar to Avanse Financial Services in India?

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

KapitalTech	₹2.1 Lakhs to ₹2.3 Lakhs per year
Pamac Finserve	₹1.2 Lakhs to ₹2.5 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 Processing Associate at Avanse Financial Services in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.6 Lakhs per year
1 year	₹2.1 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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Avanse Financial Services Credit Processing Associate Salaries

Avanse Financial Services Credit Processing Associate salary in India ranges between ₹1.9 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.

Avanse Financial Services Credit Processing Associate salaries in India

Companies similar to Avanse Financial Services for Credit Processing Associate

Latest annual salaries shared by Avanse Financial Services Credit Processing Associate

Experience wise Avanse Financial Services Credit Processing Associate salaries

Similar Designation salaries in Avanse Financial Services

Top skills at Avanse Financial Services for Credit Processing Associate

Salary related reviews for Avanse Financial Services

Management Trainee in Mumbai

Deputy Manager in Andheri

Senior Graphic Designer in Mumbai

Credit Executive in Chennai

Branch Sales Manager in New Delhi

Avanse Financial Services Credit Processing Associate Salary FAQs

Tell us how to improve this page.

Avanse Financial Services Credit Processing Associate Salaries by Location