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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Axis Bank Credit Analyst salaries in Mumbai (Updated 2025)

Annual salary range
0 - 8 years exp.
₹5.2 Lakhs - ₹20.2 Lakhs
Salary of majority employees
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18% more than the average Credit Analyst Salary in Banking Companies for 0 - 8 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Credit Analyst Salary
0 - 8 years exp. (50 salaries)
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₹5 L/yr - ₹20 L/yr

Finance & Accounting
Credit Analyst Salary
0 - 8 years exp. (32 salaries)
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₹5.2 L/yr - ₹21 L/yr

Risk Management & Compliance
Credit Analyst Salary
1 year exp. (AmbitionBox Estimate)
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₹9.3 L/yr - ₹13.9 L/yr

Last Updated: 18 Mar 2025

Companies similar to Axis Bank for Credit Analyst in Mumbai

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Axis Bank Credit Analyst Salary

0 - 8 years exp. (115 salaries)

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₹5.2 L/yr - ₹20.2 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Credit Analyst Salary

0 - 6 years exp. (107 salaries)

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₹5.2 L/yr - ₹20 L/yr

arrow icon 3% less
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Kotak Mahindra Bank Credit Analyst Salary

1 - 8 years exp. (61 salaries)

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₹10.1 L/yr - ₹22 L/yr

arrow icon 8% more
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IndusInd Bank Credit Analyst Salary

0 - 10 years exp. (57 salaries)

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₹10 L/yr - ₹19 L/yr

arrow icon 4% less
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Standard Chartered Credit Analyst Salary

1 - 8 years exp. (30 salaries)

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₹9.2 L/yr - ₹25 L/yr

arrow icon 29% more
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HDFC Bank Credit Analyst Salary

0 - 7 years exp. (30 salaries)

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₹6.9 L/yr - ₹18.3 L/yr

arrow icon 1% less
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IDFC FIRST Bank Credit Analyst Salary

0 - 5 years exp. (29 salaries)

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₹3.9 L/yr - ₹14 L/yr

arrow icon 21% less
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State Bank of India Credit Analyst Salary

3 - 13 years exp. (25 salaries)

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₹10.3 L/yr - ₹30 L/yr

arrow icon 73% more
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Yes Bank Credit Analyst Salary

1 - 6 years exp. (21 salaries)

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₹2 L/yr - ₹11.3 L/yr

arrow icon 44% less
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Bank of Baroda Credit Analyst Salary

0 - 9 years exp. (15 salaries)

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₹12 L/yr - ₹22.5 L/yr

arrow icon 25% more
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Deutsche Bank Credit Analyst Salary

0 - 10 years exp. (13 salaries)

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₹8.2 L/yr - ₹20.9 L/yr

arrow icon 6% more
1 job opening
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NatWest Group Credit Analyst Salary

1 - 6 years exp. (11 salaries)

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₹10.3 L/yr - ₹16.5 L/yr

arrow icon 7% more
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Barclays Credit Analyst Salary

1 - 10 years exp. (10 salaries)

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₹8 L/yr - ₹26 L/yr

arrow icon 29% more
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RBL Bank Credit Analyst Salary

1 - 4 years exp. (6 salaries)

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₹4.3 L/yr - ₹14.8 L/yr

arrow icon 11% less
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Shinhan Bank Credit Analyst Salary

1 - 7 years exp. (5 salaries)

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₹5 L/yr - ₹12.5 L/yr

arrow icon 24% less
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Mizuho Bank Credit Analyst Salary

1 - 4 years exp. (4 salaries)

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₹5.9 L/yr - ₹8.5 L/yr

arrow icon 36% less
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Canara Bank Credit Analyst Salary

9 - 10 years exp. (3 salaries)

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₹13 L/yr - ₹19.4 L/yr

arrow icon 45% more
Credit Analyst salary at Axis Bank ranges between ₹5.2 Lakhs to ₹20.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 115 latest salaries received from various employees of Axis Bank.

Latest annual salaries shared by Axis Bank Credit Analyst in Mumbai

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Experience wise Axis Bank Credit Analyst salaries in Mumbai

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
Fresher  (13 salaries)

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₹4 L/yr - ₹12 L/yr
1 year  (29 salaries)

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₹5.2 L/yr - ₹16.4 L/yr
2 years  (15 salaries)

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₹5.6 L/yr - ₹16.4 L/yr
3 years  (14 salaries)

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₹5.3 L/yr - ₹19.1 L/yr
4 years  (14 salaries)

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₹5 L/yr - ₹20.2 L/yr
View all
Axis Bank Credit Analyst Salary and Career Growth

From

To

Credit Analyst

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0 - 9 years exp.

Senior Vice President

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13 - 27 years exp.

Credit Analyst

0 - 9 years exp.
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Senior Manager

2 - 21 years exp.
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arrow icon 41% hike

Assistant Vice President

6 - 23 years exp.
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arrow icon 52% hike

From

To

Credit Analyst

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0 - 9 years exp.

Area Head Credit

Salary unavailable
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Axis Bank

Deputy Manager Salary
(2.2k salaries)
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₹2 L/yr - ₹11.59 L/yr
Business Analyst Salary
(274 salaries)
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₹5.9 L/yr - ₹18.51 L/yr
Credit Manager Salary
(151 salaries)
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₹4 L/yr - ₹15.24 L/yr
Team Lead Salary
(41 salaries)
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₹2 L/yr - ₹5.8 L/yr
Analyst Salary
(11 salaries)
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₹3 L/yr - ₹9.64 L/yr
Accountant Salary
(9 salaries)
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₹2.03 L/yr - ₹5.6 L/yr
Senior Analyst Salary
(6 salaries)
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₹12 L/yr - ₹19 L/yr
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₹3.2 L/yr - ₹10 L/yr

Top skills at Axis Bank for Credit Analyst

Financial Statements Commercial Banking Finance Forex Trading Cash Management Credit Cards Management Credit Analysis CAM Credit Appraisal PWD Auditing Process Orientation Relationship Financial Statements

Salary related reviews for Axis Bank

1.8

Rated by 8 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 17 May 2021

4.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Good
  • +6 more

Dislikes

Work for long hours about 9-10 hours and about 12 hrs in peak season

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 24 Jan 2025

3.0
 for  Salary and Benefits

Likes

Skill development compared to other bank axis provide good learnings

  • Job security - Good

Dislikes

Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

Legal & Regulatory Department

2.0
  •  posted on 11 Dec 2024

1.0
 for  Salary and Benefits

Likes

The team is good and if you want to learn on your own

  • Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 21 Nov 2024

5.0
 for  Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

read more
  • Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 02 Nov 2024

2.0
 for  Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

  • Job security - Good

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

read more
  • Salary - Poor
  • +3 more
see more salary related reviews

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Axis Bank Credit Analyst Salary FAQs

What is the salary of Credit Analyst at Axis Bank in Mumbai?
The average salary of a Credit Analyst at Axis Bank in Mumbai typically ranges from ₹5.2 Lakhs to ₹20.2 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Credit Analyst in Mumbai at Axis Bank earn more than ₹16.4 Lakhs per year, and the top 1% earn over ₹21.3 Lakhs per year. Credit Analyst Salaries at Axis Bank 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 100+ Axis Bank employees in India.
What is the estimated take home salary of a Credit Analyst at Axis Bank in Mumbai?
The estimated take-home salary of a Credit Analyst at Axis Bank in Mumbai typically ranges from ₹82,541 to ₹84,695 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹20.2 Lakhs per year for employees with experience ranging from Fresher to 8 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 100+ salaries received from various employees of Axis Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Credit Analyst at Axis Bank in Mumbai?
To be a Credit Analyst at Axis Bank in Mumbai, the key skills required include:

  • - Financial Statements
  • - Commercial Banking
  • - Finance
  • - Forex Trading
  • - Cash Management

These skills are highly valued at Axis Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Axis Bank for Credit Analyst in India?
State Bank of India ₹10.3 Lakhs to ₹30.0 Lakhs per year
Canara Bank ₹13.0 Lakhs to ₹19.4 Lakhs per year
Barclays ₹8.0 Lakhs to ₹26.0 Lakhs per year
Standard Chartered ₹9.2 Lakhs to ₹25.0 Lakhs per year
Bank of Baroda ₹12.0 Lakhs to ₹22.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Axis Bank, depending on the role and experience level.
What is the salary of a Credit Analyst in companies similar to Axis Bank in Mumbai?
The salary of a Credit Analyst at companies similar to Axis Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹10.1 Lakhs to ₹22.0 Lakhs per year
NatWest Group ₹10.3 Lakhs to ₹16.5 Lakhs per year
Deutsche Bank ₹8.2 Lakhs to ₹20.9 Lakhs per year
HDFC Bank ₹6.9 Lakhs to ₹18.3 Lakhs per year
ICICI Bank ₹5.2 Lakhs to ₹20.0 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 Analyst at Axis Bank in Mumbai?
The salary growth for a Credit Analyst at Axis Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Analyst in Mumbai can expect the following growth trajectory at Axis Bank:

Experience Average Salary Range
Fresher ₹4.0 Lakhs to ₹12.0 Lakhs per year
1 year ₹5.2 Lakhs to ₹16.4 Lakhs per year
2 years ₹5.6 Lakhs to ₹16.4 Lakhs per year
3 years ₹5.3 Lakhs to ₹19.1 Lakhs per year
and so on.

Tell us how to improve this page.

Axis Bank Credit Analyst salary in Mumbai ranges between ₹5.2 Lakhs to ₹20.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 115 Axis Bank latest salaries received from various employees of Axis Bank.