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CENTRUM MICROCREDIT Credit Officer salaries in India

Annual salary range
4 - 8 years exp.
₹2.2 Lakhs - ₹2.4 Lakhs
Salary of majority employees
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33% less than the average Credit Officer Salary in NBFC Companies for 4 - 8 years of experience

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Last Updated: 17 Mar 2023

Companies similar to CENTRUM MICROCREDIT for Credit Officer

Company name Avg Annual Salary Open Jobs
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Hindusthan Microfinance Credit Officer Salary

2 - 7 years exp. (16 salaries)

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₹2.1 L/yr - ₹3.2 L/yr

arrow icon 17% more
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Sewa Grih Rin Credit Officer Salary

0 - 6 years exp. (11 salaries)

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₹2.5 L/yr - ₹4.2 L/yr

arrow icon 32% more
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₹2 L/yr - ₹3.3 L/yr

arrow icon 15% more
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Poonawalla Finance Credit Officer Salary

0 - 8 years exp. (8 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 30% more
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Rattanindia Finance Credit Officer Salary

1 - 3 years exp. (6 salaries)

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₹2.2 L/yr - ₹3.3 L/yr

arrow icon 7% more
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Conatus Finserve Credit Officer Salary

2 - 5 years exp. (6 salaries)

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₹2.6 L/yr - ₹4.2 L/yr

arrow icon 34% more
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Srg Housing Finance Credit Officer Salary

2 - 6 years exp. (5 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 5% less
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Bell Finvest Credit Officer Salary

1 - 6 years exp. (4 salaries)

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₹1.8 L/yr - ₹3 L/yr

arrow icon 4% more
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₹3 L/yr - ₹4.3 L/yr

arrow icon 51% more
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Wheels Emi Credit Officer Salary

2 - 10 years exp. (4 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 20% more
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Pooja Finelease Credit Officer Salary

0 - 12 years exp. (4 salaries)

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₹1.7 L/yr - ₹3.6 L/yr

arrow icon 2% less
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Paisalo Digital Credit Officer Salary

0 - 4 years exp. (4 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 4% more
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₹3 L/yr - ₹3.5 L/yr

arrow icon 34% more
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Yogakshemam Loans Credit Officer Salary

1 - 13 years exp. (3 salaries)

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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 24% more
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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 7% less
Credit Officer salary at CENTRUM MICROCREDIT ranges between ₹2.2 Lakhs to ₹2.4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of CENTRUM MICROCREDIT.

Latest annual salaries shared by CENTRUM MICROCREDIT Credit Officer

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7 years exp.
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8 years exp.
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5 years exp.
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4 years exp.
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5 years exp.

Experience wise CENTRUM MICROCREDIT Credit Officer salaries

Last Updated: 17 Mar 2023

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
7 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
8 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in CENTRUM MICROCREDIT

Credit Manager Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr
Officer Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr
Branch Manager Salary
(11 salaries)
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₹2.5 L/yr - ₹4.5 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr
Assistant Vice President Salary
(AmbitionBox Estimate)
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₹17.9 L/yr - ₹22.9 L/yr

Salary related reviews for CENTRUM MICROCREDIT

4.5

Rated by 3 employees for salary & benefits

Full Time

 · 

Internal Audit Department

1.0
  •  posted on 02 May 2021

1.0
 for  Salary and Benefits

Likes

All the employees are inexprienced, entire top management are fraudual staffs, they are also recruited few fraudual staffs, most of the branches have a huge fraud in house rent, it's a one of the example of fraud by top management

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Dislikes

If someone is a fraudual staff , before polishing that staffs, management think about the personal relationships with top management

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Internal Audit Department

1.0
  •  posted on 01 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job not secure, portfolio is very less, as well as staff fraud is very high. Also senior manager are not the professional, Audit head also a Medicine sales person who don't have the audit knowledge.

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Dislikes

Due to a darty politics. Professional and experienced people's exposure are very less

  • Salary - Bad
  • +6 more

Sales Department

3.0
  •  posted on 26 Jan 2020

3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Very pathetic 10 months experience in all my 7 yrs working journey. No involvement of HR, Audit and compliance in any matter of sales department. If seniors thinks they want to make out anyone they just do that without referring the matter to HR or Audit. And HR's are just blind folded. No corporate culture at all. Just everyone believes he is the owner of the company. Rules and procedure are changing every forthnight. No stable procedure at all.

read more
  • Skill development - Poor
  • +4 more
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CENTRUM MICROCREDIT Credit Officer Salary FAQs

What is the salary of Credit Officer at CENTRUM MICROCREDIT ?
The average salary of a Credit Officer at CENTRUM MICROCREDIT in India typically ranges from ₹2.2 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Credit Officer at CENTRUM MICROCREDIT earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Credit Officer Salaries at CENTRUM MICROCREDIT 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 CENTRUM MICROCREDIT employees in India.
What is the estimated take home salary of a Credit Officer at CENTRUM MICROCREDIT in India?
The estimated take-home salary of a Credit Officer at CENTRUM MICROCREDIT in India typically ranges from ₹16,912 to ₹18,621 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 4 years to 8 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 CENTRUM MICROCREDIT. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than CENTRUM MICROCREDIT for Credit Officer in India?
National Trust Housing Finance ₹3.0 Lakhs to ₹4.3 Lakhs per year
Anand Rathi Global Finance ₹3.0 Lakhs to ₹3.5 Lakhs per year
Conatus Finserve ₹2.6 Lakhs to ₹4.2 Lakhs per year
Sewa Grih Rin ₹2.5 Lakhs to ₹4.2 Lakhs per year
Poonawalla Finance ₹2.2 Lakhs to ₹4.3 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by CENTRUM MICROCREDIT, depending on the role and experience level.
What is the salary of a Credit Officer in companies similar to CENTRUM MICROCREDIT in India?
The salary of a Credit Officer at companies similar to CENTRUM MICROCREDIT in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yogakshemam Loans ₹2.7 Lakhs to ₹3.5 Lakhs per year
Wheels Emi ₹1.8 Lakhs to ₹4.0 Lakhs per year
Hindusthan Microfinance ₹2.1 Lakhs to ₹3.2 Lakhs per year
Arman Financial Services ₹2.0 Lakhs to ₹3.3 Lakhs per year
Rattanindia Finance ₹2.2 Lakhs to ₹3.3 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 CENTRUM MICROCREDIT in India?
The salary growth for a Credit Officer at CENTRUM MICROCREDIT depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at CENTRUM MICROCREDIT:

Experience Average Salary Range
4 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
6 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
7 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
and so on.

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CENTRUM MICROCREDIT Credit Officer salary in India ranges between ₹2.2 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 CENTRUM MICROCREDIT latest salaries received from various employees of CENTRUM MICROCREDIT.