Coastal Local Area Bank Credit Officer Salaries by 3 Employees (Updated 2024)

2 - 3 years exp.

₹2.4 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Credit Officer Salary in Financial Services Companies for 2 - 3 years of experience

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Last Updated: 28 Aug 2023

Companies similar to Coastal Local Area Bank for Credit Officer

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Bandhan Bank Credit Officer Salary 0 - 6 years exp. (37 salaries)	₹1.3 L/yr - ₹5 L/yr 17% more
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (287 salaries)	₹1.6 L/yr - ₹4.4 L/yr 26% more	1 job opening
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Ujjivan Small Finance Bank Credit Officer Salary 1 - 8 years exp. (285 salaries)	₹1.9 L/yr - ₹6 L/yr 76% more
AU Small Finance Bank Credit Officer Salary 0 - 6 years exp. (275 salaries)	₹1.4 L/yr - ₹4 L/yr 13% more
RBL Bank Credit Officer Salary 0 - 8 years exp. (179 salaries)	₹1.4 L/yr - ₹4.4 L/yr 19% more
IDFC FIRST Bank Credit Officer Salary 0 - 6 years exp. (41 salaries)	₹2.1 L/yr - ₹4 L/yr 14% more
Federal Bank Credit Officer Salary 0 - 10 years exp. (24 salaries)	₹5.8 L/yr - ₹16 L/yr 349% more
South Indian Bank Credit Officer Salary 1 - 11 years exp. (10 salaries)	₹9 L/yr - ₹15 L/yr 410% more
Karur Vysya Bank Credit Officer Salary 7 - 11 years exp. (22 salaries)	₹7.5 L/yr - ₹15 L/yr 328% more
City Union Bank Credit Officer Salary 2 - 11 years exp. (23 salaries)	₹3.5 L/yr - ₹12 L/yr 204% more
Indostar Home Finance Credit Officer Salary 4 - 6 years exp. (7 salaries)	₹2.8 L/yr - ₹3.8 L/yr 44% more
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Dmi Housing Finance Credit Officer Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹3.3 L/yr 16% more
Profectus Capital Credit Officer Salary 1 - 7 years exp. (5 salaries)	₹3.5 L/yr - ₹3.7 L/yr 47% more
ART Housing Finance (India) Credit Officer Salary 5 - 7 years exp. (4 salaries)	₹3 L/yr - ₹5.7 L/yr 41% more

Credit Officer salary at Coastal Local Area Bank ranges between ₹2.4 Lakhs to ₹2.5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Coastal Local Area Bank.

Experience wise Coastal Local Area Bank Credit Officer salaries

Last Updated: 28 Aug 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

Similar Designation salaries in Coastal Local Area Bank

Officer Salary

(10 salaries)

₹1.75 L/yr - ₹3.35 L/yr

Branch Manager Salary

(11 salaries)

₹3 L/yr - ₹8.04 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Salary related reviews for Coastal Local Area Bank

1.0

Rated by 1 employees for salary & benefits

Branch Manager

Banking - Branch Head Department

4.0

• posted on 23 Aug 2017

5.0

for Salary and Benefits

Likes

...sphere, job security, No politics, slow career growth because of small net work. In coastal bank no appraisal system, no scale of pay. management give nominal increment to every employee in the financial year beginning

Dislikes

Slow growth, No incremental benefit

Assistant Manager in Jangareddigudem

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 09 Oct 2024

1.0

for Salary and Benefits

Likes

...lete comfort zone.... not war zone no targets no pressure no salary increment... recently introduced variable pay but the V.P achieved so many rules. not respect senior employs.. each branch has a unique rule,, Management gives full support to the staff who are always praising the management... finally good...

Dislikes

Salary increment is very low...

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a technical project manager

Deadend

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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Coastal Local Area Bank Credit Officer Salary FAQs

What is the notice period for Credit Officer at Coastal Local Area Bank?

According to AmbitionBox, 100% of the Coastal Local Area Bank Credit Officers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Coastal Local Area Bank Credit Officer Salaries

Coastal Local Area Bank Credit Officer salary in India ranges between ₹2.4 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Coastal Local Area Bank latest salaries received from various employees of Coastal Local Area Bank.