Berar Finance Credit Officer Salaries by 30+ Employees (Updated 2024)

0 - 6 years exp.

₹1.2 Lakh - ₹3 Lakhs

Salary of majority employees

44% less than the average Credit Officer Salary in NBFC Companies for 0 - 6 years of experience

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Last Updated: 20 Dec 2024

Companies similar to Berar Finance for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Officer Salary 0 - 5 years exp. (37 salaries)	₹1.9 L/yr - ₹5 L/yr 75% more
HDFC Bank Credit Officer Salary 1 - 8 years exp. (335 salaries)	₹1.3 L/yr - ₹4 L/yr 29% more
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ICICI Bank Credit Officer Salary 0 - 8 years exp. (111 salaries)	₹1.3 L/yr - ₹4.7 L/yr 30% more
Kotak Mahindra Bank Credit Officer Salary 1 - 6 years exp. (96 salaries)	₹1.5 L/yr - ₹4.5 L/yr 33% more
Axis Bank Credit Officer Salary 0 - 6 years exp. (181 salaries)	₹1.2 L/yr - ₹6.5 L/yr 79% more
State Bank of India Credit Officer Salary 2 - 10 years exp. (41 salaries)	₹7.4 L/yr - ₹17 L/yr 515% more
Sammaan Capital Limited Credit Officer Salary 0 - 8 years exp. (163 salaries)	₹1.7 L/yr - ₹3.8 L/yr 44% more
Mahindra Finance Credit Officer Salary 0 - 6 years exp. (39 salaries)	₹1.5 L/yr - ₹3.4 L/yr 21% more
Mahindra Rural Housing Finance Credit Officer Salary 0 - 8 years exp. (191 salaries)	₹1.6 L/yr - ₹3.6 L/yr 39% more
Can Fin Homes Credit Officer Salary 4 - 8 years exp. (65 salaries)	₹3.2 L/yr - ₹8.5 L/yr 189% more
Aavas Financiers Credit Officer Salary 0 - 5 years exp. (57 salaries)	₹1.6 L/yr - ₹4.5 L/yr 49% more
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IKF Finance Credit Officer Salary 0 - 6 years exp. (22 salaries)	₹2 L/yr - ₹4.1 L/yr 56% more
Tata Capital Housing Finance Credit Officer Salary 2 - 6 years exp. (21 salaries)	₹2.6 L/yr - ₹3.8 L/yr 65% more
Kotak Mahindra Prime Credit Officer Salary 0 - 4 years exp. (17 salaries)	₹1.6 L/yr - ₹2.7 L/yr 10% more
Capri Global Capital Credit Officer Salary 0 - 6 years exp. (42 salaries)	₹1.5 L/yr - ₹3.7 L/yr 40% more
PNB Housing Finance Credit Officer Salary 2 - 7 years exp. (8 salaries)	₹2 L/yr - ₹3.5 L/yr 35% more
Repco Home Finance Credit Officer Salary 1 - 6 years exp. (13 salaries)	₹3 L/yr - ₹7 L/yr 105% more
Electronica Finance Credit Officer Salary 0 - 5 years exp. (15 salaries)	₹2.5 L/yr - ₹4.8 L/yr 66% more
Ugro Capital Credit Officer Salary 0 - 6 years exp. (3 salaries)	₹3.5 L/yr - ₹4.6 L/yr 102% more

Credit Officer salary at Berar Finance ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 37 latest salaries received from various employees of Berar Finance.

Experience wise Berar Finance Credit Officer salaries

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.2 L/yr - ₹3.3 L/yr
1 year (4 salaries)	₹1.5 L/yr - ₹2 L/yr
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2 years (10 salaries)	₹1.3 L/yr - ₹3 L/yr
3 years (6 salaries)	₹1.9 L/yr - ₹2.5 L/yr
4 years (8 salaries)	₹1.5 L/yr - ₹3 L/yr
5 years (3 salaries)	₹2.1 L/yr - ₹3 L/yr
6 years (3 salaries)	₹1.9 L/yr - ₹2.5 L/yr

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Similar Designation salaries in Berar Finance

Credit Manager Salary

(3 salaries)

₹1.95 L/yr - ₹3.6 L/yr

Sales Officer Salary

(5 salaries)

₹1.85 L/yr - ₹2.95 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Credit Executive Salary

(71 salaries)

₹1 L/yr - ₹3 L/yr

Branch Manager Salary

(32 salaries)

₹2.4 L/yr - ₹5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Sales Manager Salary

(5 salaries)

₹1.8 L/yr - ₹5.85 L/yr

Salary related reviews for Berar Finance

1.0

Rated by 2 employees for salary & benefits

Branch Manager in Kolhapur

Sales & Marketing Department

1.0

• posted on 12 Apr 2021

1.0

for Salary and Benefits

Likes

Political cuture in management level , Not job security, working culture is poor, company policy not satisfied, not person life,

Dislikes

Salary not secure, job training is not given to new joinees, management poor

Branch Head in Pune

Full Time

Marketing & Sales Department

3.0

• posted on 05 Sep 2023

2.0

for Salary and Benefits

Likes

Less pressure as compared to other companies also no VC which are really irritating for everyone

Dislikes

No training, no recognition, no reward, no motivation, no incentive, salary never get on time, increment neither predictable nor fix even month also not fix, no proper HR policies, can transfer anywhere....

Internal Audit Officer in Nagpur

Full Time

Finance & Accounting Department

3.0

• posted on 27 Sep 2024

2.0

for Salary and Benefits

Likes

Apart from this Internal Audit , other departments are good and their work culture are also good .The company is good but employee benifits are not much.

Dislikes

...d not have been given the Diwali bonus even though I was eligible for the bonus. Here 2 PF amounts are deducted from the salary itself whereas this does not happen in other NBFC and Banks ,although the salary in CTC is given there like other NBFC and Banks.

Sales Executive in Durg

Finance & Accounting Department

5.0

• posted on 24 May 2022

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 good salary hike and bonus every year.

Dislikes

Career growth is slow.

Collections Executive in Nagpur

Finance Department

3.0

• posted on 01 Oct 2020

1.0

for Salary and Benefits

Likes

Job security is good

Dislikes

There is a lot of politics among top managemnets, salary is also less and so the career growth, office timing is of 11-12 hrs No safety measures taken during covid No incentive on work nor appreciation

see more salary related reviews

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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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Berar Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Berar Finance?

Credit Officer salary at Berar Finance in India ranges between ₹1.2 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 44% less than the average Credit Officer Salary in India. Salary estimates are based on 37 latest salaries received from various employees of Berar Finance India.

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

The average salary of a Credit Officer at Berar Finance is 44% 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 Berar Finance to a Credit Officer in India?

State Bank of India Credit Officer Salary - ₹7.4 Lakhs to ₹17.0 Lakhs per year
Can Fin Homes Credit Officer Salary - ₹3.2 Lakhs to ₹8.5 Lakhs per year
Repco Home Finance Credit Officer Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
Ugro Capital Credit Officer Salary - ₹3.5 Lakhs to ₹4.6 Lakhs per year
Axis Bank Credit Officer Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year

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

Bajaj Finance Credit Officer Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
Electronica Finance Credit Officer Salary - ₹2.5 Lakhs to ₹4.8 Lakhs per year
Tata Capital Housing Finance Credit Officer Salary - ₹2.6 Lakhs to ₹3.8 Lakhs per year
IKF Finance Credit Officer Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year
Aavas Financiers Credit Officer Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Credit Officer at Berar Finance ranges between ₹13,789 per month to ₹15,252 per month in India. The take-home salary calculation is based on the average Berar Finance Credit Officer salary in India which ranges between ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at Berar Finance?

According to AmbitionBox, 100% of the Berar Finance Credit Officers reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Berar Finance Credit Officer Salaries

Berar Finance Credit Officer salary in India ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 Berar Finance latest salaries received from various employees of Berar Finance.