CareEdge Ratings Credit Analyst Salaries by 100+ Employees (Updated 2024)

0 - 4 years exp.

₹5 Lakhs - ₹19.5 Lakhs

Salary of majority employees

32% more than the average Credit Analyst Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Credit Analyst Salary 0 - 4 years exp. (40 salaries)	₹4.2 L/yr - ₹14.3 L/yr
BFSI, Investments & Trading Credit Analyst Salary 0 - 4 years exp. (30 salaries)	₹5 L/yr - ₹19.5 L/yr
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Risk Management & Compliance Credit Analyst Salary 0 - 1 year exp. (3 salaries)	₹8.1 L/yr - ₹11.9 L/yr
Data Science & Analytics Credit Analyst Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹11.8 L/yr

Last Updated: 9 Dec 2024

Companies similar to CareEdge Ratings for Credit Analyst

Company name	Avg Annual Salary	Open Jobs
Crisil Credit Analyst Salary 0 - 5 years exp. (443 salaries)	₹4.7 L/yr - ₹17 L/yr 1% less	8 job openings
ICRA Credit Analyst Salary 1 - 5 years exp. (25 salaries)	₹8 L/yr - ₹15.5 L/yr 15% more
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India Ratings & Research Credit Analyst Salary 1 - 9 years exp. (28 salaries)	₹4.4 L/yr - ₹18.3 L/yr 4% less
Axis Bank Credit Analyst Salary 0 - 9 years exp. (450 salaries)	₹5 L/yr - ₹17.5 L/yr 2% less
HDFC Bank Credit Analyst Salary 0 - 6 years exp. (166 salaries)	₹11.5 L/yr - ₹18.6 L/yr 2% more
SBI Cards & Payment Services Credit Analyst Salary 4 - 8 years exp. (3 salaries)	₹3.9 L/yr - ₹20 L/yr 5% less
Bajaj Finance Credit Analyst Salary 0 - 8 years exp. (7 salaries)	₹4.3 L/yr - ₹13 L/yr 22% less
Kotak Mahindra Bank Credit Analyst Salary 1 - 8 years exp. (239 salaries)	₹6.9 L/yr - ₹17.9 L/yr 12% less
Yes Bank Credit Analyst Salary 1 - 6 years exp. (59 salaries)	₹1.8 L/yr - ₹9.2 L/yr 54% less
IndusInd Bank Credit Analyst Salary 0 - 9 years exp. (339 salaries)	₹4 L/yr - ₹15.3 L/yr 18% less
MAS Financial Services Credit Analyst Salary 0 - 3 years exp. (26 salaries)	₹2.5 L/yr - ₹6 L/yr 63% less	2 job openings
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Brickwork Ratings Credit Analyst Salary 0 - 10 years exp. (14 salaries)	₹4 L/yr - ₹9 L/yr 47% less
Edelweiss Credit Analyst Salary 0 - 6 years exp. (6 salaries)	₹4 L/yr - ₹17 L/yr 14% less
JM Financial Credit Analyst Salary 0 - 5 years exp. (5 salaries)	₹10.2 L/yr - ₹22 L/yr 14% more
Shriram Housing Finance Credit Analyst Salary 1 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 76% less
Reliance Capital Credit Analyst Salary 1 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹2.9 L/yr 81% less
Srei Equipment Finance Credit Analyst Salary 0 - 7 years exp. (3 salaries)	₹5 L/yr - ₹12 L/yr 35% less

Credit Analyst salary at CareEdge Ratings ranges between ₹5 Lakhs to ₹19.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 105 latest salaries received from various employees of CareEdge Ratings.

Experience wise CareEdge Ratings Credit Analyst salaries

Last Updated: 9 Dec 2024

Experience	Avg Annual Salary
Fresher (28 salaries)	₹4.8 L/yr - ₹14.3 L/yr
1 year (30 salaries)	₹5.2 L/yr - ₹12 L/yr
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2 years (23 salaries)	₹4.8 L/yr - ₹19.5 L/yr
3 years (16 salaries)	₹6.3 L/yr - ₹19.5 L/yr
4 years (8 salaries)	₹4.8 L/yr - ₹15 L/yr

Similar Designation salaries in CareEdge Ratings

Senior Analyst Salary

(10 salaries)

₹8 L/yr - ₹16.25 L/yr

Credit Manager Salary

(AmbitionBox Estimate)

₹16.6 L/yr - ₹21.2 L/yr

Analyst Salary

(172 salaries)

₹4.94 L/yr - ₹15.27 L/yr

Research Analyst Salary

(7 salaries)

₹6 L/yr - ₹11.5 L/yr

Associate Analyst Salary

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₹2.45 L/yr - ₹5 L/yr

Business Analyst Salary

(5 salaries)

₹7 L/yr - ₹18 L/yr

Financial Analyst Salary

(26 salaries)

₹3.15 L/yr - ₹11.15 L/yr

Team Lead Salary

(3 salaries)

₹5 L/yr - ₹22 L/yr

Deputy Manager Salary

(96 salaries)

₹5.5 L/yr - ₹16 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹7 L/yr - ₹9 L/yr

Top skills at CareEdge Ratings for Credit Analyst

Credit Analysis Financial Statement Analysis Working Capital Credit Risk Credit Rating Financial Planning Credit Underwriting Credit Research Financial Modelling Wholesale banking Corporate Finance Financial Reporting

Salary related reviews for CareEdge Ratings

1.4

Rated by 14 employees for salary & benefits

Credit Analyst in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 08 Jan 2019

3.0

for Salary and Benefits

Likes

...r. It is an awesome place for beginners with a lot of technical things to learn. Salary and appraisals are not upto the mark. Otherwise a nice company to work in.

Dislikes

To be honest, its salary and compensation which is on lower end. And lack of HR policies and guidelines. Inavailability of HR in regional offices.

Analyst in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 26 Jul 2023

1.0

for Salary and Benefits

Likes

Overall culture is average with hybrid option availability.

Dislikes

...Too much low salary in comparison to work load. Low increment at analyst level. No pay parity amongst the employees. Case execution preference over case process and understanding. Immediate senior level does not have the requisite of expertise in handling a team or a case.

Senior Analyst in Mumbai

Full Time

Other Department

1.0

• posted on 02 Oct 2023

1.0

for Salary and Benefits

Likes

Initial learning phase

Dislikes

No value of the existing employees, bad pay No work life balance No leisure or fun activities (participation not allowed even if they're organised), only work No appreciation for work done No rest even on weekends or holidays applied for months back No freedom to take leaves when required, you can only fall sick when your manager permits you to No WFH allowed in some teams No flexibility of reporting time Micromanagement at its peak Not much learning once trained, cases are just executed to complete before deadlines

Analyst in Ahmedabad

Full Time

Energy & Mining Department

4.0

• posted on 05 Jun 2023

3.0

for Salary and Benefits

Likes

There are a lot of opportunities to learn and grow at this company. It's a client-facing role where you get to interact with mid- to large-corporate senior-level management and get to understand their business on a deep level.

Dislikes

The salary disparity between different employees working at the same position is high. Plus the increments offered are way below industry standards.

Analyst in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 21 Nov 2023

2.0

for Salary and Benefits

Likes

good to learn helpful seniors and managers

Dislikes

one of the worst pay master in terms of salary and other benefits.HR is keen on recruitment of new employees rather than retain well established and proven individuals.

see more salary related reviews

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a technical project manager

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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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CareEdge Ratings Credit Analyst Salary FAQs

What is the salary of Credit Analyst at CareEdge Ratings?

Credit Analyst salary at CareEdge Ratings in India ranges between ₹5.0 Lakhs to ₹19.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 32% more than the average Credit Analyst Salary in India. Salary estimates are based on 105 latest salaries received from various employees of CareEdge Ratings India.

How does the salary of a Credit Analyst at CareEdge Ratings India compare with the average salary range for this job?

The average salary of a Credit Analyst at CareEdge Ratings is 32% more than the average salary of a Credit Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Analyst at CareEdge Ratings?

Credit Analysis, Financial Statement Analysis, Working Capital, Credit Risk and Credit Rating are some of the popular skills required to work as a Credit Analyst at CareEdge Ratings India.

Which similar companies are paying more than CareEdge Ratings to a Credit Analyst in India?

ICRA Credit Analyst Salary - ₹8.0 Lakhs to ₹15.5 Lakhs per year
JM Financial Credit Analyst Salary - ₹10.2 Lakhs to ₹22.0 Lakhs per year
HDFC Bank Credit Analyst Salary - ₹11.5 Lakhs to ₹18.6 Lakhs per year

What is the salary of a Credit Analyst in companies similar to CareEdge Ratings in India?

Crisil Credit Analyst Salary - ₹4.7 Lakhs to ₹17.0 Lakhs per year
Axis Bank Credit Analyst Salary - ₹5.0 Lakhs to ₹17.5 Lakhs per year
India Ratings & Research Credit Analyst Salary - ₹4.4 Lakhs to ₹18.3 Lakhs per year
SBI Cards & Payment Services Credit Analyst Salary - ₹3.9 Lakhs to ₹20.0 Lakhs per year
Kotak Mahindra Bank Credit Analyst Salary - ₹6.9 Lakhs to ₹17.9 Lakhs per year

What is the estimated take home salary of a Credit Analyst at CareEdge Ratings in India?

The estimated take-home salary of a Credit Analyst at CareEdge Ratings ranges between ₹80,879 per month to ₹82,986 per month in India. The take-home salary calculation is based on the average CareEdge Ratings Credit Analyst salary in India which ranges between ₹5.0 Lakhs to ₹19.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Credit Analyst at CareEdge Ratings?

According to AmbitionBox, 61% of the CareEdge Ratings Credit Analysts reported a notice period of 3 Months, 35% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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CareEdge Ratings Credit Analyst Salaries

CareEdge Ratings Credit Analyst salary in India ranges between ₹5 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 105 CareEdge Ratings latest salaries received from various employees of CareEdge Ratings.