Bharat Financial Inclusion Credit Officer Salaries by 5 Employees

1 - 5 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (48%)

₹2.1 Lakhs

Variable (52%)

₹2.2 Lakhs

19% more than the average Credit Officer Salary in NBFC Companies for 1 - 5 years of experience

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Last Updated: 24 Oct 2024

Companies similar to Bharat Financial Inclusion 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 37% less
Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (164 salaries)	₹1.3 L/yr - ₹4 L/yr 33% less
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Shriram Finance Credit Officer Salary 0 - 7 years exp. (159 salaries)	₹1.2 L/yr - ₹4.5 L/yr 37% less
Sammaan Capital Limited Credit Officer Salary 0 - 6 years exp. (131 salaries)	₹1.8 L/yr - ₹3.8 L/yr 32% less
MAS Financial Services Credit Officer Salary 0 - 9 years exp. (112 salaries)	₹1.5 L/yr - ₹5 L/yr 25% less
SMFG India Credit Credit Officer Salary 0 - 6 years exp. (100 salaries)	₹1 L/yr - ₹4.5 L/yr 34% less
Muthoot Microfin Credit Officer Salary 0 - 6 years exp. (69 salaries)	₹1.4 L/yr - ₹2.7 L/yr 53% less
IIFL Finance Credit Officer Salary 1 - 7 years exp. (56 salaries)	₹1.4 L/yr - ₹4.2 L/yr 33% less
Aavas Financiers Credit Officer Salary 1 - 5 years exp. (52 salaries)	₹1.5 L/yr - ₹4.5 L/yr 27% less
L&T Finance Credit Officer Salary 0 - 5 years exp. (48 salaries)	₹1.5 L/yr - ₹4 L/yr 25% less
SK Finance Limited Credit Officer Salary 1 - 6 years exp. (47 salaries)	₹1.6 L/yr - ₹4.5 L/yr 30% less
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Capri Global Capital Credit Officer Salary 0 - 6 years exp. (42 salaries)	₹1.5 L/yr - ₹3.7 L/yr 37% less
Five-Star Business Finance Credit Officer Salary 0 - 6 years exp. (34 salaries)	₹2.3 L/yr - ₹4 L/yr 29% less
Mahindra Finance Credit Officer Salary 0 - 7 years exp. (33 salaries)	₹1.5 L/yr - ₹3.6 L/yr 39% less
Spandana Sphoorty Financial Credit Officer Salary 0 - 4 years exp. (27 salaries)	₹1.2 L/yr - ₹3.5 L/yr 45% less
Manappuram Finance Credit Officer Salary 1 - 11 years exp. (25 salaries)	₹2.2 L/yr - ₹4.5 L/yr 19% less
Kotak Mahindra Prime Credit Officer Salary 1 - 6 years exp. (19 salaries)	₹1.6 L/yr - ₹2.7 L/yr 47% less
Tata Capital Housing Finance Credit Officer Salary 2 - 7 years exp. (18 salaries)	₹3 L/yr - ₹3.8 L/yr 22% less
Electronica Finance Credit Officer Salary 0 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹4.8 L/yr 23% less
CreditAccess Grameen Credit Officer Salary 0 - 8 years exp. (15 salaries)	₹1.8 L/yr - ₹3.5 L/yr 38% less

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Credit Officer salary at Bharat Financial Inclusion ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Bharat Financial Inclusion.

Experience wise Bharat Financial Inclusion Credit Officer salaries

Last Updated: 24 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.5 L/yr
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9 L/yr
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3 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.6 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.4 L/yr

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Salary related reviews for Bharat Financial Inclusion

5.0

Rated by 4 employees for salary & benefits

Branch Credit Manager in Gaya

Full Time

Risk Management & Compliance Department

2.0

• posted on 09 Sep 2024

3.0

for Salary and Benefits

Likes

There is nothing to like about this.Except getting a salary on time.

Job security - Good

Dislikes

Here, On this position you will feel like you are like a punching bag . If you go by policies BM will fight with you and if you don't go by policies then your senior will scold you.

Work satisfaction - Poor

+2 more

Branch Credit Manager in Dholpur Rajasthan

Other Department

5.0

• posted on 07 Apr 2022

5.0

for Salary and Benefits

Likes

...gement is transparent.There is a huge cafeteria and gaming arcade for chilling . Company policy are good appraisal are fail and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow .There is a bond of 2 years before which you cannot resign .On the job training is not given to new joinees .

Branch Manager in Nidadavole

Other Department

5.0

• posted on 20 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company polices are good, appraisals are fair and they give good salary hike bonus every year.

Salary - Excellent

+6 more

Dislikes

There ia lot of politics and the management doesn't address our issues. Salar8is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joiness.

Auditor in Kota

Full Time

Finance & Accounting Department

1.0

• posted on 17 Dec 2024

1.0

for Salary and Benefits

Likes

Lead Manager treat like Family

Dislikes

... being taken directly to Executive post and the Associate post has been removed. My Salary for 2 year is 14700/- monthly. What is going wrong with the old employee.

Salary - Bad

+5 more

HR Executive in Kolkata

Full Time

Human Resources Department

1.0

• posted on 05 Dec 2024

1.0

for Salary and Benefits

Likes

There is nothing to be liked, as a slave after working for 12-14 hrs hours you get your salary on time that's it. The company has made several policies but there is no strategy which is why attrition rate is increasing.

Dislikes

It should get the title of Worst Place to work rather than Great place to work. I believe the reason there is huge attrition in field staff and poor salary structure than other finance organisations which creates the real trouble for HR Endless Recruitment and Endless Attrition which continues as there is no one who could address the problems.

Salary - Bad

+6 more

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Bharat Financial Inclusion Credit Officer Salary FAQs

What is the salary of Credit Officer at Bharat Financial Inclusion ?

The average salary of a Credit Officer at Bharat Financial Inclusion in India typically ranges from ₹3.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Credit Officer at Bharat Financial Inclusion earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Credit Officer Salaries at Bharat Financial Inclusion 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 5 Bharat Financial Inclusion employees in India.

What is the estimated take home salary of a Credit Officer at Bharat Financial Inclusion in India?

The estimated take-home salary of a Credit Officer at Bharat Financial Inclusion in India typically ranges from ₹32,175 to ₹33,457 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹6.5 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 5 salaries received from various employees of Bharat Financial Inclusion. 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 Bharat Financial Inclusion in India?

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

Ugro Capital	₹3.0 Lakhs to ₹4.6 Lakhs per year
Manappuram Finance	₹2.2 Lakhs to ₹4.5 Lakhs per year
Tata Capital Housing Finance	₹3.0 Lakhs to ₹3.8 Lakhs per year
Electronica Finance	₹2.5 Lakhs to ₹4.8 Lakhs per year
MAS Financial Services	₹1.5 Lakhs to ₹5.0 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 Officer at Bharat Financial Inclusion in India?

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

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹6.5 Lakhs per year
2 years	₹3.5 Lakhs to ₹9.0 Lakhs per year
3 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
4 years	₹3.0 Lakhs to ₹6.6 Lakhs per year

and so on.

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Bharat Financial Inclusion Credit Officer Salaries

Bharat Financial Inclusion Credit Officer salary in India ranges between ₹3 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bharat Financial Inclusion latest salaries received from various employees of Bharat Financial Inclusion.