Citicorp Sanction Officer Salaries by 5 Employees

0 - 5 years exp.

₹5.8 Lakhs - ₹10.8 Lakhs

Low Confidence

Salary of majority employees

65% more than the average Sanction Officer Salary in Financial Services Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sanction Officer Salary 0 - 5 years exp. (4 salaries)	₹5.8 L/yr - ₹10.8 L/yr
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Finance & Accounting Sanction Officer Salary 4 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.7 L/yr

Last Updated: 14 Aug 2024

Companies similar to Citicorp for Sanction Officer

Company name	Avg Annual Salary	Open Jobs
ANZ Banking Group Sanction Officer Salary 2 - 9 years exp. (17 salaries)	₹4.5 L/yr - ₹8.5 L/yr 17% less
Bandhan Bank Sanction Officer Salary 0 - 3 years exp. (11 salaries)	₹2.2 L/yr - ₹4.4 L/yr 67% less
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Barclays Shared Services Sanction Officer Salary 5 - 12 years exp. (5 salaries)	₹4.1 L/yr - ₹6 L/yr 40% less
TCS Sanction Officer Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹4.8 L/yr 65% less

Sanction Officer salary at Citicorp ranges between ₹5.8 Lakhs to ₹10.8 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Citicorp.

Experience wise Citicorp Sanction Officer salaries

Last Updated: 14 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
1 year (AmbitionBox Estimate)	₹9 L/yr - ₹11.4 L/yr
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2 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
3 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
4 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr

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Salary related reviews for Citicorp

Rated by 1 employees for salary & benefits

Financial Analyst in Pune

Full Time

Finance & Accounting Department

3.0

• posted on 30 Jan 2024

3.0

for Salary and Benefits

Likes

...i is good company but your work life balance depends upon your manager and team.salary is good.transport is good..leave policy is good that subject to the manager approval

Job security - Good

Dislikes

Work culture, senior management is not strong..very biased..long working hours ..no scope for hardworking and honest employee.. politics at the top

Skill development - Bad

+4 more

Business Analyst in Pune

Full Time

Other Department

4.0

• posted on 01 Feb 2024

4.0

for Salary and Benefits

Likes

. Good salary only at a time of joining . Superb Work Life Balance . Leave policy is best . Hybrid model . Day care facility . Mediclaim and health check up benifit

Salary - Good

+4 more

Dislikes

. No proper training on project . Increments now a days like nothing . Currently no job security

Promotions - Poor

Business Analyst in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 10 May 2024

5.0

for Salary and Benefits

Likes

Globally Best work culture (In India it's toxic) Best perks & benifits Best leave policy .

Salary - Excellent

+1 more

Dislikes

...ecurity. They will remove them after a few days or they will push you to resign. Layoff affected a lot of employees in India and no one talked anything about this Part of the cost-cutting they targeted directors to the above level but when it comes to India all the MDs and directors protected each other and removed C05 to C11 employees from Citi.

Skill development - Poor

+4 more

Analyst in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 06 May 2024

4.0

for Salary and Benefits

Likes

Salary, Leave Benefits, Office environment

Salary - Good

+1 more

Dislikes

Career growth totally depends on your manager, my manager left the organisation and new manager did not consider previous accomplishments at work, had to leave for career growth

Skill development - Poor

+2 more

Team Lead in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 30 Jan 2024

5.0

for Salary and Benefits

Likes

Salary hikes, worklife balance, friendly people and staff except some seniors from your department.

Salary - Excellent

+5 more

Dislikes

Seniors are not helpful and Losing Job as new boss is from another bank and wants to bring in his whole team

Job security - Bad

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What people are saying about Citicorp

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a senior software engineer

1w (edited)

Need help to decide

I have the following offers and confused to choose one. Exp: 6.8 Java backend dev cognizant - 25 lpa (24 fixed) Epam - 28 fixed Citi - 30 fixed If i ask epam with citi offer they will increase their offer, but my question is that worth negotiating with them? Please give you suggestions. My Last working day is 31 March 2025.

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Citicorp Sanction Officer Salary FAQs

What is the salary of Sanction Officer at Citicorp ?

The average salary of a Sanction Officer at Citicorp in India typically ranges from ₹5.8 Lakhs to ₹10.8 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Sanction Officer at Citicorp earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹10.8 Lakhs per year. Sanction Officer Salaries at Citicorp 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 Citicorp employees in India.

What is the estimated take home salary of a Sanction Officer at Citicorp in India?

The estimated take-home salary of a Sanction Officer at Citicorp in India typically ranges from ₹61,611 to ₹63,173 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹10.8 Lakhs per year for employees with experience ranging from Fresher 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 Citicorp. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Sanction Officer in companies similar to Citicorp in India?

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

ANZ Banking Group	₹4.5 Lakhs to ₹8.5 Lakhs per year
Barclays Shared Services	₹4.1 Lakhs to ₹6.0 Lakhs per year
TCS	₹2.0 Lakhs to ₹4.8 Lakhs per year
Bandhan Bank	₹2.2 Lakhs to ₹4.4 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 Sanction Officer at Citicorp in India?

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

Experience	Average Salary Range
Fresher	₹9.7 Lakhs to ₹12.4 Lakhs per year
1 year	₹9.0 Lakhs to ₹11.4 Lakhs per year
2 years	₹8.0 Lakhs to ₹10.3 Lakhs per year
3 years	₹7.1 Lakhs to ₹9.1 Lakhs per year

and so on.

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Citicorp Sanction Officer Salaries

Citicorp Sanction Officer salary in India ranges between ₹5.8 Lakhs to ₹10.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Citicorp latest salaries received from various employees of Citicorp.