Central Bank of India Credit Officer Salaries by 8 Employees (Updated 2025)

3 - 8 years exp.

₹12.4 Lakhs - ₹21.5 Lakhs

Low Confidence

Salary of majority employees

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338% more than the average Credit Officer Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 3 - 8 years exp. (6 salaries)	Unlock ₹12.5 L/yr - ₹21.5 L/yr
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Risk Management & Compliance Credit Officer Salary 4 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹17 L/yr - ₹20.7 L/yr

Last Updated: 25 Jan 2025

Companies similar to Central Bank of India for Credit Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Officer Salary 2 - 8 years exp. (31 salaries)	Unlock ₹8.5 L/yr - ₹17 L/yr 27% less
ICICI Bank Credit Officer Salary 0 - 6 years exp. (118 salaries)	Unlock ₹1.2 L/yr - ₹4.7 L/yr 84% less
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HDFC Bank Credit Officer Salary 1 - 8 years exp. (251 salaries)	Unlock ₹1.2 L/yr - ₹4 L/yr 84% less
Axis Bank Credit Officer Salary 0 - 6 years exp. (175 salaries)	Unlock ₹1.2 L/yr - ₹6.8 L/yr 77% less	1 job opening
Punjab National Bank Credit Officer Salary 0 - 4 years exp. (6 salaries)	Unlock ₹5.3 L/yr - ₹12 L/yr 33% less
Bank of Baroda Credit Officer Salary 5 - 12 years exp. (106 salaries)	Unlock ₹6 L/yr - ₹20 L/yr 13% less
Canara Bank Credit Officer Salary 7 - 12 years exp. (16 salaries)	Unlock ₹8 L/yr - ₹19.5 L/yr 17% less
Union Bank of India Credit Officer Salary 2 - 13 years exp. (18 salaries)	Unlock ₹6.5 L/yr - ₹19.5 L/yr 22% less
Bank of India Credit Officer Salary 0 - 7 years exp. (72 salaries)	Unlock ₹5 L/yr - ₹14 L/yr 35% less
IDBI Bank Credit Officer Salary 0 - 13 years exp. (16 salaries)	Unlock ₹7 L/yr - ₹18 L/yr 11% less
AU Small Finance Bank Credit Officer Salary 0 - 6 years exp. (367 salaries)	Unlock ₹1.3 L/yr - ₹3.8 L/yr 83% less
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Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (290 salaries)	Unlock ₹1.9 L/yr - ₹6 L/yr 73% less
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (275 salaries)	Unlock ₹1.2 L/yr - ₹4.4 L/yr 80% less	1 job opening
IndusInd Bank Credit Officer Salary 1 - 9 years exp. (137 salaries)	Unlock ₹1.5 L/yr - ₹4.2 L/yr 82% less
Kotak Mahindra Bank Credit Officer Salary 1 - 6 years exp. (96 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr 83% less
Yes Bank Credit Officer Salary 2 - 10 years exp. (50 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 82% less
Jana Small Finance Bank Credit Officer Salary 1 - 7 years exp. (47 salaries)	Unlock ₹1.3 L/yr - ₹3.5 L/yr 83% less
IDFC FIRST Bank Credit Officer Salary 0 - 8 years exp. (41 salaries)	Unlock ₹2.1 L/yr - ₹4.9 L/yr 82% less
Federal Bank Credit Officer Salary 0 - 6 years exp. (21 salaries)	Unlock ₹5.1 L/yr - ₹16 L/yr 32% less
Standard Chartered Credit Officer Salary 1 - 7 years exp. (16 salaries)	Unlock ₹1.8 L/yr - ₹4 L/yr 83% less

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Credit Officer salary at Central Bank of India ranges between ₹12.4 Lakhs to ₹21.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Central Bank of India.

Experience wise Central Bank of India Credit Officer salaries

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹22.4 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹17 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹5.8 L/yr - ₹25.9 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹6.1 L/yr - ₹21.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹14.7 L/yr - ₹18.8 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹6.9 L/yr - ₹21.5 L/yr

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Similar Designation salaries in Central Bank of India

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₹10 L/yr - ₹17 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

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₹21.6 L/yr - ₹27.6 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

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₹21.4 L/yr - ₹27.4 L/yr

Officer Salary

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₹10.8 L/yr - ₹13.8 L/yr

Branch Manager Salary

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₹5.01 L/yr - ₹16 L/yr

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₹7 L/yr - ₹9 L/yr

Chief Manager Salary

(51 salaries)

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₹12 L/yr - ₹36 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

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₹19.8 L/yr - ₹25.3 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

Assistant Credit Manager Salary

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₹7.1 L/yr - ₹11.75 L/yr

Salary related reviews for Central Bank of India

4.3

Rated by 4 employees for salary & benefits

Assistant Manager Operations in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 17 Aug 2024

4.0

for Salary and Benefits

Likes

Job is permanent. Salary and Perks are good.

Salary - Good

+2 more

Dislikes

There is no stipulated work hours for officers. It will go more than 10 hours per day. No confirmed Week offs. They may ask you to conduct a camp or canvass loans or Canvass government business on Saturdays and Sundays. Just because it's a permanent job, higher authorities treats you like a dog shit. You are not supposed to avail sick leave if there is staff shortage. You can not either avail Authorised leave if some higher authorities comes to your branch. They'll cancel all your leaves straight away. Just scaling up in position is not a real growth. You need to print passbooks even if you are a chief manager. Family is nothing to them. Health is nothing to them. Don't drink water. Don't go for lunch even if it's 2:30 PM. No tea breaks. No tea at all. "I work for a bank" has changed. "I live for a bank and Die for a bank" is a new trend.

Work satisfaction - Poor

+2 more

Apprenticeship Trainee in Ahmedabad

Contractual

BFSI, Investments & Trading Department

4.0

• posted on 20 Sep 2024

3.0

for Salary and Benefits

Likes

Employees are very familiar and the work environment is very positive

Promotions - Excellent

+3 more

Dislikes

The apprentice trainees are dissatisfied with their salary and lack of job security. They are concerned about the lack of confirmation for future postings and feel that the company is poor at providing clear answers to their questions.

Job security - Bad

Apprentice in Akola

Contractual

Other Department

5.0

• posted on 26 Mar 2024

5.0

for Salary and Benefits

Likes

Friendly work staff make easy to achieve Targets in mobile banking, internet banking, etc.

Salary - Excellent

+6 more

Dislikes

Nothing dislike in bank but apprentice is contract for only one year so that why salary is very low and after completing apprentice we are unemployed. So whose having good study and able to crack banking exam go through it because who is having good study do not required any experience. As I am not as much good in study I need experience to work in private bank. As per my motive it is good for me to get private bank job as in any field. Thank you.

Senior Manager in PUDUKOTTAI, TAMIL NADU

BFSI, Investments & Trading Department

4.0

• posted on 22 Dec 2020

4.0

for Salary and Benefits

Likes

Job Security. Freedom to take Credit decision, to work Honest, independent. Regular and increase in Salary every year considerably. Union activities allowed considerably. Regular Training imported at Mumbai and Kolkatta.Job satisfaction that I have served to the needy people of this Great Nation.

Salary - Good

+6 more

Dislikes

Salary is common to all Efficient and others. Some sort of compulsion from Govt side for Credit but not helping for Recovery.

IT Manager in Mumbai

Engineering - Software & QA Department

4.0

• posted on 22 Mar 2018

4.0

for Salary and Benefits

Likes

People are really supportive if you are in IT section. You have full freedom to explore and try new initiatives.

Salary - Good

+4 more

Dislikes

...ghly process driven. A small project may take several months just for approvals. Standard compensation as per govt guidelines no performance based benefits. Lack of staff and work at field level is really horrible. You are made to do many things which are not under your scope of work by your bosses.

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Central Bank of India Credit Officer Salary FAQs

What is the salary of Credit Officer at Central Bank of India?

Credit Officer salary at Central Bank of India in India ranges between ₹12.4 Lakhs to ₹21.5 Lakhs for experience between 3 years to 8 years. According to our estimates it is 338% more than the average Credit Officer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Central Bank of India India.

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

The average salary of a Credit Officer at Central Bank of India is 338% more 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 Central Bank of India to a Credit Officer in India?

Indian Overseas Bank Credit Officer Salary - ₹11.0 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Credit Officer in companies similar to Central Bank of India in India?

UCO Bank Credit Officer Salary - ₹13.2 Lakhs to ₹18.0 Lakhs per year
NatWest Group Credit Officer Salary - ₹7.8 Lakhs to ₹20.0 Lakhs per year
IDBI Bank Credit Officer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda Credit Officer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Bank of Maharashtra Credit Officer Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Credit Officer at Central Bank of India in India?

The estimated take-home salary of a Credit Officer at Central Bank of India ranges between ₹1,08,498 per month to ₹1,11,494 per month in India. The take-home salary calculation is based on the average Central Bank of India Credit Officer salary in India which ranges between ₹12.4 Lakhs to ₹21.5 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at Central Bank of India?

According to AmbitionBox, 43% of the Central Bank of India Credit Officers reported a notice period of 15 days or less, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Central Bank of India Credit Officer Salaries by Location

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Central Bank of India Credit Officer Salaries

Central Bank of India Credit Officer salary in India ranges between ₹12.4 Lakhs to ₹21.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Central Bank of India latest salaries received from various employees of Central Bank of India.