Belstar Microfinance Credit Officer Salaries by 4 Employees (Updated 2024)

3 - 5 years exp.

₹1.8 Lakh - ₹2.8 Lakhs

Salary of majority employees

38% less than the average Credit Officer Salary in NBFC Companies for 3 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.1 L/yr
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Finance & Accounting Credit Officer Salary 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr

Last Updated: 26 Oct 2024

Companies similar to Belstar Microfinance for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Credit Officer Salary 1 - 8 years exp. (287 salaries)	₹1.9 L/yr - ₹6 L/yr 93% more
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (287 salaries)	₹1.6 L/yr - ₹4.4 L/yr 40% more	1 job opening
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Jana Small Finance Bank Credit Officer Salary 1 - 7 years exp. (47 salaries)	₹1.3 L/yr - ₹3.5 L/yr 23% more
Suryoday Small Finance Bank Credit Officer Salary 0 - 6 years exp. (37 salaries)	₹2 L/yr - ₹3.5 L/yr 25% more
Utkarsh Small Finance Bank Credit Officer Salary 0 - 5 years exp. (245 salaries)	₹1.1 L/yr - ₹3.7 L/yr 15% more
Spandana Sphoorty Financial Credit Officer Salary 1 - 3 years exp. (24 salaries)	₹1 L/yr - ₹3.5 L/yr 7% more
ESAF Small Finance Bank Credit Officer Salary 1 - 8 years exp. (53 salaries)	₹1.8 L/yr - ₹5.7 L/yr 69% more	2 job openings
Mahindra Rural Housing Finance Credit Officer Salary 0 - 8 years exp. (191 salaries)	₹1.6 L/yr - ₹3.6 L/yr 26% more
Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (172 salaries)	₹1.3 L/yr - ₹4 L/yr 27% more
Sammaan Capital Limited Credit Officer Salary 0 - 8 years exp. (163 salaries)	₹1.7 L/yr - ₹3.8 L/yr 31% more
Bajaj Housing Finance Credit Officer Salary 0 - 3 years exp. (140 salaries)	₹1.8 L/yr - ₹3.1 L/yr 8% more
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SMFG India Credit Credit Officer Salary 0 - 7 years exp. (101 salaries)	₹1.6 L/yr - ₹4.4 L/yr 29% more
IIFL Finance Credit Officer Salary 1 - 7 years exp. (58 salaries)	₹1.7 L/yr - ₹4.2 L/yr 39% more
Aditya Birla Finance Credit Officer Salary 0 - 7 years exp. (65 salaries)	₹2.4 L/yr - ₹5 L/yr 63% more
Aavas Financiers Credit Officer Salary 0 - 5 years exp. (57 salaries)	₹1.6 L/yr - ₹4.5 L/yr 35% more
L&T Finance Credit Officer Salary 1 - 6 years exp. (46 salaries)	₹1.8 L/yr - ₹4 L/yr 53% more
Mahindra Finance Credit Officer Salary 0 - 6 years exp. (39 salaries)	₹1.5 L/yr - ₹3.4 L/yr 10% more
Tata Capital Credit Officer Salary 0 - 10 years exp. (26 salaries)	₹2.5 L/yr - ₹5 L/yr 54% more	2 job openings
Piramal Capital Housing Finance Credit Officer Salary 1 - 7 years exp. (25 salaries)	₹1.9 L/yr - ₹6.4 L/yr 62% more
Manappuram Finance Credit Officer Salary 1 - 9 years exp. (24 salaries)	₹2.2 L/yr - ₹4.5 L/yr 56% more

View all

Credit Officer salary at Belstar Microfinance ranges between ₹1.8 Lakh to ₹2.8 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Belstar Microfinance .

Experience wise Belstar Microfinance Credit Officer salaries

Last Updated: 26 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in Belstar Microfinance

Credit Manager Salary

(21 salaries)

₹3 L/yr - ₹5.74 L/yr

Sales Officer Salary

(58 salaries)

₹1.38 L/yr - ₹3 L/yr

Senior Credit Officer Salary

(4 salaries)

₹3.5 L/yr - ₹4.2 L/yr

Credit Executive Salary

(3 salaries)

₹1.72 L/yr - ₹2.36 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Branch Manager Salary

(93 salaries)

₹2.15 L/yr - ₹5 L/yr

Deputy Manager Salary

(3 salaries)

₹6.1 L/yr - ₹7.5 L/yr

Chief Manager Salary

(5 salaries)

₹7.65 L/yr - ₹10 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Branch Credit Manager Salary

(4 salaries)

₹2.8 L/yr - ₹3.7 L/yr

Salary related reviews for Belstar Microfinance

5.0

Rated by 1 employees for salary & benefits

Branch Manager in Pune

BFSI, Investments & Trading Department

5.0

• posted on 20 May 2021

5.0

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.

Dislikes

No founded dislike

Branch Manager in Chennai

Madhuranthagam Department

5.0

• posted on 08 May 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give salary hike and bonus every year. One of the most successful company.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Branch Accountant in Indore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Jun 2023

2.0

for Salary and Benefits

Likes

It's very good company but lower salary packages with low level staff's

Dislikes

Timeing issues no work load, but every Sunday company working. In mp at Indore And rm,cm,bm, Sh they don't know how to tolk with staff.

Sales Officer in Panskura

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Nov 2024

1.0

for Salary and Benefits

Likes

I have worked in this company for more than four years but I have not seen anything that I like.

Dislikes

There is no fixed time for office hours. You have to work every day of the whole month, no holiday, no Sunday off. Office culture is absolutely bad.

Account Intern in Chennai

Intern

Finance & Accounting Department

4.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

It was a great learning experience for me. I was able to connect with everyone as everyone were friendly. They assigned me tasks, helped me to complete it. The overall experience was really good!! Thanks to everyone who helped me during this journey!!

Dislikes

Nil

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Belstar Microfinance Credit Officer Salary FAQs

What is the salary of Credit Officer at Belstar Microfinance ?

Credit Officer salary at Belstar Microfinance in India ranges between ₹1.8 Lakhs to ₹2.8 Lakhs for experience between 3 years to 5 years. According to our estimates it is 38% less than the average Credit Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Belstar Microfinance India.

How does the salary of a Credit Officer at Belstar Microfinance India compare with the average salary range for this job?

The average salary of a Credit Officer at Belstar Microfinance is 38% less than the average salary of a Credit Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Belstar Microfinance to a Credit Officer in India?

Ujjivan Small Finance Bank Credit Officer Salary - ₹1.9 Lakhs to ₹6.0 Lakhs per year
Hero FinCorp Credit Officer Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
ESAF Small Finance Bank Credit Officer Salary - ₹1.8 Lakhs to ₹5.7 Lakhs per year
Aditya Birla Finance Credit Officer Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Piramal Capital Housing Finance Credit Officer Salary - ₹1.9 Lakhs to ₹6.4 Lakhs per year

What is the salary of a Credit Officer in companies similar to Belstar Microfinance in India?

Manappuram Finance Credit Officer Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
Tata Capital Credit Officer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
L&T Finance Credit Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Poonawalla Fincorp Credit Officer Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
Equitas Small Finance Bank Credit Officer Salary - ₹1.6 Lakhs to ₹4.4 Lakhs per year

What is the estimated take home salary of a Credit Officer at Belstar Microfinance in India?

The estimated take-home salary of a Credit Officer at Belstar Microfinance ranges between ₹15,264 per month to ₹16,854 per month in India. The take-home salary calculation is based on the average Belstar Microfinance Credit Officer salary in India which ranges between ₹1.8 Lakhs to ₹2.8 Lakhs per year for employees with experience between 3 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at Belstar Microfinance ?

According to AmbitionBox, 60% of the Belstar Microfinance Credit Officers reported a notice period of 1 Month, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Belstar Microfinance Credit Officer Salaries

Belstar Microfinance Credit Officer salary in India ranges between ₹1.8 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Belstar Microfinance latest salaries received from various employees of Belstar Microfinance .