Axis Finance Credit Officer Salaries by 6 Employees

1 - 5 years exp.

₹2.4 Lakhs - ₹4 Lakhs

Salary of majority employees

18% less than the average Credit Officer Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 1 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr
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Finance & Accounting Credit Officer Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr

Last Updated: 9 Aug 2024

Companies similar to Axis Finance for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Credit Officer Salary 0 - 6 years exp. (199 salaries)	₹1.2 L/yr - ₹4 L/yr 9% less
Bajaj Housing Finance Credit Officer Salary 0 - 3 years exp. (149 salaries)	₹1.8 L/yr - ₹3.3 L/yr 20% less
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Sammaan Capital Limited Credit Officer Salary 0 - 6 years exp. (131 salaries)	₹1.8 L/yr - ₹3.8 L/yr 2% less
Shubham Housing Development Finance Credit Officer Salary 1 - 7 years exp. (106 salaries)	₹2 L/yr - ₹4 L/yr 4% less
MAS Financial Services Credit Officer Salary 0 - 9 years exp. (112 salaries)	₹1.5 L/yr - ₹5 L/yr 9% more
InCred Finance Credit Officer Salary 0 - 6 years exp. (59 salaries)	₹2 L/yr - ₹4.5 L/yr 9% more
SBFC Finance Credit Officer Salary 0 - 6 years exp. (28 salaries)	₹2 L/yr - ₹3.7 L/yr 3% more
Fedbank Financial Services Credit Officer Salary 0 - 7 years exp. (20 salaries)	₹2.5 L/yr - ₹4.3 L/yr 14% more
AVIOM Credit Officer Salary 0 - 6 years exp. (19 salaries)	₹2.1 L/yr - ₹4 L/yr 3% less
Tata Capital Housing Finance Credit Officer Salary 2 - 6 years exp. (18 salaries)	₹3 L/yr - ₹3.8 L/yr 13% more
Muthoottu Mini Financiers Credit Officer Salary 0 - 4 years exp. (17 salaries)	₹1.3 L/yr - ₹3 L/yr 26% less
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Hero FinCorp Credit Officer Salary 2 - 8 years exp. (15 salaries)	₹2.2 L/yr - ₹5 L/yr 35% more
Aptus Value Housing Finance India Credit Officer Salary 2 - 7 years exp. (15 salaries)	₹3 L/yr - ₹5 L/yr 27% more	1 job opening
Kotak Mahindra Prime Credit Officer Salary 1 - 6 years exp. (19 salaries)	₹1.6 L/yr - ₹2.7 L/yr 24% less
IKF Finance Credit Officer Salary 0 - 6 years exp. (15 salaries)	₹2 L/yr - ₹3.8 L/yr At par
Electronica Finance Credit Officer Salary 0 - 5 years exp. (15 salaries)	₹2.5 L/yr - ₹4.8 L/yr 12% more
Kinara Capital Credit Officer Salary 1 - 6 years exp. (14 salaries)	₹2.4 L/yr - ₹3.6 L/yr At par
Ugro Capital Credit Officer Salary 0 - 10 years exp. (10 salaries)	₹3 L/yr - ₹4.6 L/yr 27% more
PNB Housing Finance Credit Officer Salary 2 - 7 years exp. (8 salaries)	₹2 L/yr - ₹3.5 L/yr 9% less
Vistaar Finance Credit Officer Salary 0 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹4.2 L/yr 1% more

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Credit Officer salary at Axis Finance ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Axis Finance.

Experience wise Axis Finance Credit Officer salaries

Last Updated: 9 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Axis Finance

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₹9.7 L/yr - ₹13.25 L/yr

Officer Salary

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₹2 L/yr - ₹4 L/yr

Credit Executive Salary

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Area Credit Manager Salary

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Deputy Manager Salary

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Zonal Credit Manager Salary

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Salary related reviews for Axis Finance

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Vijayawada

Full Time

Finance & Accounting Department

4.0

• posted on 02 Sep 2023

4.0

for Salary and Benefits

Likes

Timely pay & first and second Saturday and all Sunday holiday. Good HR policy.

Salary - Good

+3 more

Dislikes

Collection Manger should go to filed for each and every case & sales team also get huge presuure. Personal loan team no support. HL & LAP team support is appriciated

Sales Manager in No Office

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2022

5.0

for Salary and Benefits

Likes

Salary on time , Incentives also Good .

Salary - Excellent

+1 more

Dislikes

Huge work pressure for sales team , They are like one man army . From login to till Disbursement we need to do to achive our high targets. They are treating upcountry and metro cities same .

Job security - Poor

+3 more

Credit Manager in India

Full Time

Finance & Accounting Department

3.0

• posted on 07 Sep 2022

2.0

for Salary and Benefits

Likes

Job security at peak, salary on time, work life balance

Job security - Good

+1 more

Dislikes

Appraisal system, structure of hierarchy, It's indus system where case being process and overall work bifurcation for credit, long process from login to disb

Salary - Poor

+3 more

Senior Manager in Noida

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 17 Nov 2024

3.0

for Salary and Benefits

Likes

Work life balance is good

Work-life balance - Good

Dislikes

Salary variations are too vast. Credit policies are poor and out of market competition. No job security. Pressure only on sales but credit is very stubborn and there is no pressure on credit for number and volune of business. Appraisal and promotion are rare.

Skill development - Bad

+4 more

Deputy Manager 1 in Kolkata

Unsecured Loans Department

3.0

• posted on 12 Jul 2022

4.0

for Salary and Benefits

Likes

Company care about Staff,real time salary,& others employee benefits.

Salary - Good

+4 more

Dislikes

No one use any abusing language likes other's Nbfc . Your earning is on your hands,can earn incentive unlimited on sales . For uncecure loan you have the maximum responsibility like resi , office fi & sometimes collection. Overall it's a good for work place.

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Axis Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Axis Finance ?

The average salary of a Credit Officer at Axis Finance in India typically ranges from ₹2.4 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Credit Officer at Axis Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Credit Officer Salaries at Axis Finance 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 6 Axis Finance employees in India.

What is the estimated take home salary of a Credit Officer at Axis Finance in India?

The estimated take-home salary of a Credit Officer at Axis Finance in India typically ranges from ₹21,400 to ₹23,042 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 6 salaries received from various employees of Axis Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Axis Finance for Credit Officer in India?

Tyger Capital	₹3.9 Lakhs to ₹5.0 Lakhs per year
Hero FinCorp	₹2.2 Lakhs to ₹5.0 Lakhs per year
Ugro Capital	₹3.0 Lakhs to ₹4.6 Lakhs per year
Aptus Value Housing Finance India	₹3.0 Lakhs to ₹5.0 Lakhs per year
Fedbank Financial Services	₹2.5 Lakhs to ₹4.3 Lakhs per year

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

What is the salary of a Credit Officer in companies similar to Axis Finance in India?

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

Tata Capital Housing Finance	₹3.0 Lakhs to ₹3.8 Lakhs per year
Electronica Finance	₹2.5 Lakhs to ₹4.8 Lakhs per year
InCred Finance	₹2.0 Lakhs to ₹4.5 Lakhs per year
MAS Financial Services	₹1.5 Lakhs to ₹5.0 Lakhs per year
SBFC Finance	₹2.0 Lakhs to ₹3.7 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 Axis Finance in India?

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

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.4 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Axis Finance Credit Officer Salaries

Axis Finance Credit Officer salary in India ranges between ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Axis Finance latest salaries received from various employees of Axis Finance.