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Bank of Baroda

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Bank of Baroda Credit Officer salaries in Mumbai

Annual salary range
5 - 12 years exp.
₹8 Lakhs - ₹15 Lakhs
Salary of majority employees
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223% more than the average Credit Officer Salary in Banking Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Officer Salary
5 - 9 years exp. (3 salaries)
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₹8 L/yr - ₹13.7 L/yr

Finance & Accounting
Credit Officer Salary
9 - 11 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹15.1 L/yr

Last Updated: 8 Dec 2024

Companies similar to Bank of Baroda for Credit Officer in Mumbai

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Bank of Baroda Credit Officer Salary

5 - 12 years exp. (6 salaries)

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₹8 L/yr - ₹15 L/yr

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Company name Avg Annual Salary Open Jobs
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₹2.9 L/yr - ₹5 L/yr

arrow icon 68% less
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RBL Bank Credit Officer Salary

1 - 7 years exp. (24 salaries)

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₹2 L/yr - ₹4.4 L/yr

arrow icon 79% less
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Kotak Mahindra Bank Credit Officer Salary

1 - 6 years exp. (16 salaries)

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₹1.5 L/yr - ₹2.9 L/yr

arrow icon 82% less
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ICICI Bank Credit Officer Salary

0 - 7 years exp. (13 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 76% less
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IndusInd Bank Credit Officer Salary

1 - 7 years exp. (9 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 80% less
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Axis Bank Credit Officer Salary

1 - 6 years exp. (8 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 74% less
1 job opening
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Yes Bank Credit Officer Salary

2 - 7 years exp. (6 salaries)

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₹2.4 L/yr - ₹3.2 L/yr

arrow icon 80% less
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Deutsche Bank Credit Officer Salary

2 - 8 years exp. (5 salaries)

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₹4.6 L/yr - ₹10.4 L/yr

arrow icon 35% less
2 job openings
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Mizuho Bank Credit Officer Salary

3 - 6 years exp. (4 salaries)

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₹7.4 L/yr - ₹8.8 L/yr

arrow icon 46% less
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State Bank of India Credit Officer Salary

4 - 6 years exp. (4 salaries)

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₹8 L/yr - ₹17 L/yr

arrow icon 16% less
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IDFC FIRST Bank Credit Officer Salary

3 - 5 years exp. (3 salaries)

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₹2.2 L/yr - ₹2.8 L/yr

arrow icon 82% less
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Bank of India Credit Officer Salary

6 - 7 years exp. (3 salaries)

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₹9 L/yr - ₹13.5 L/yr

arrow icon 31% less
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Union Bank of India Credit Officer Salary

8 - 10 years exp. (3 salaries)

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₹8.8 L/yr - ₹10.7 L/yr

arrow icon 25% less
Credit Officer salary at Bank of Baroda ranges between ₹8 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of Baroda.

Latest annual salaries shared by Bank of Baroda Credit Officer in Mumbai

3mo ago
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9 years exp.
1y ago
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5 years exp.
1y ago
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12 years exp.
1y ago
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11 years exp.

Experience wise Bank of Baroda Credit Officer salaries in Mumbai

Last Updated: 8 Dec 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
6 years (AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr
7 years (AmbitionBox Estimate)

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₹12.7 L/yr - ₹16.2 L/yr
8 years (AmbitionBox Estimate)

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₹12.7 L/yr - ₹16.2 L/yr
9 years (AmbitionBox Estimate)

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₹12.8 L/yr - ₹16.3 L/yr
View all

Similar Designation salaries in Bank of Baroda

Chief Manager Salary
(118 salaries)
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₹13.86 L/yr - ₹52 L/yr
Credit Manager Salary
(24 salaries)
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₹10 L/yr - ₹19 L/yr
Officer Salary
(20 salaries)
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₹7.41 L/yr - ₹15 L/yr
Credit Analyst Salary
(15 salaries)
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₹12 L/yr - ₹22.5 L/yr
Branch Manager Salary
(5 salaries)
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₹12 L/yr - ₹25 L/yr
Sales Officer Salary
(4 salaries)
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₹2.45 L/yr - ₹4.5 L/yr

Salary related reviews for Bank of Baroda

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 28 Jun 2023

3.0
 for  Salary and Benefits

Likes

Job security, timely credit of salary, perks and allowances.

  • Job security - Excellent

Dislikes

Lack of work life balance, impractical targets and nonchalant attitude of higher authorities. Unnecessary bashing. Higher authorities force the subordinates to lend loans without proper documentation just to meet the targets. Poor infrastructure of branches. Verbal abuses at times. In short, expectation from employees are high and support from management is nil. Culture is deteriorating with time.

read more
  • Skill development - Poor
  • +2 more

Credit Department

1.0
  •  posted on 06 Nov 2022

3.0
 for  Salary and Benefits

Likes

Salary and other Financial Benefits are ok There is job security

Dislikes

HR Policy is Management Centric No Work Life Balance Work on Weekends Late working hours Too much pressure for cross selling. One time you are working in a city and suddenly you get transferred to the remotest of places

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 14 Jul 2023

3.0
 for  Salary and Benefits

Likes

Cannot think of anything much apart from job security.

  • Job security - Excellent

Dislikes

...ions. * People who do work get rewarded with more work and responsibilities. *Performers and non performers get the same pay. * No quick resolution for any problem.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Oct 2023

3.0
 for  Salary and Benefits

Likes

Salary and perks

  • Job security - Good

Dislikes

No work life balance Bosses behaves like supreme authority Promotions above chief manager is impossible and it is very worst Transfer policy No practical knowledge in higher cader so illogical targets gives by them

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  • Skill development - Poor
  • +4 more

BFSI, Investments & Trading Department

3.0
  •  posted on 27 Sep 2021

5.0
 for  Salary and Benefits

Likes

Bob is a Govt sector bank. Employee is having job security and good salary and other benefits

read more
  • Salary - Excellent
  • +2 more

Dislikes

Transfer and posting policy is not transparent. discremenation on the basis of cast and religion. Some people are working very hard but no value in the eyes of management due to favratism and castism. Some people are getting choice posting on the other hand those who are working hard is only getting transfer on the basis of management demand.

read more
  • Work satisfaction - Bad
  • +2 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Bank of Baroda

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a senior manager
2d
Double Package
I have a graduate degree and am earning 6 lac p.a in the banking sector with 7 years of experience. How can I double my package..any suggestions ?
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Bank of Baroda Credit Officer Salary FAQs

What is the salary of Credit Officer at Bank of Baroda in Mumbai?
The average salary of a Credit Officer at Bank of Baroda in Mumbai typically ranges from ₹8.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Credit Officer in Mumbai at Bank of Baroda earn more than ₹14.8 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Credit Officer Salaries at Bank of Baroda 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 Bank of Baroda employees in India.
What is the estimated take home salary of a Credit Officer at Bank of Baroda in Mumbai?
The estimated take-home salary of a Credit Officer at Bank of Baroda in Mumbai typically ranges from ₹98,519 to ₹1,01,193 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 Bank of Baroda. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Credit Officer in companies similar to Bank of Baroda in Mumbai?
The salary of a Credit Officer at companies similar to Bank of Baroda in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Bank of India ₹8.0 Lakhs to ₹17.0 Lakhs per year
Union Bank of India ₹8.8 Lakhs to ₹10.7 Lakhs per year
Bank of India ₹9.0 Lakhs to ₹13.5 Lakhs per year
Deutsche Bank ₹4.6 Lakhs to ₹10.4 Lakhs per year
Mizuho Bank ₹7.4 Lakhs to ₹8.8 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 Bank of Baroda in Mumbai?
The salary growth for a Credit Officer at Bank of Baroda in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Officer in Mumbai can expect the following growth trajectory at Bank of Baroda:

Experience Average Salary Range
5 years ₹12.6 Lakhs to ₹16.1 Lakhs per year
6 years ₹12.6 Lakhs to ₹16.1 Lakhs per year
7 years ₹12.7 Lakhs to ₹16.2 Lakhs per year
8 years ₹12.7 Lakhs to ₹16.2 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of Baroda Credit Officer salary in Mumbai ranges between ₹8 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Bank of Baroda latest salaries received from various employees of Bank of Baroda.