CreditAccess Grameen Loan Processor Salaries by 5 Employees

1 - 5 years exp.

₹1.8 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Loan Processor Salary in NBFC Companies for 1 - 5 years of experience

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Last Updated: 8 Apr 2024

Companies similar to CreditAccess Grameen for Loan Processor

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Loan Processor Salary 1 - 3 years exp. (49 salaries)	₹0.9 L/yr - ₹3.1 L/yr 10% more
Muthoot Fincorp Loan Processor Salary 0 - 3 years exp. (27 salaries)	₹1.2 L/yr - ₹2.5 L/yr 7% less
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Manappuram Finance Loan Processor Salary 0 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹3 L/yr 13% more
Shriram Finance Loan Processor Salary 1 - 7 years exp. (4 salaries)	₹2 L/yr - ₹2.1 L/yr 7% more
Home Credit Finance Loan Processor Salary 0 - 5 years exp. (3 salaries)	₹1.6 L/yr - ₹4 L/yr 49% more
Bajaj Finance Loan Processor Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr 6% less
SMFG India Credit Loan Processor Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.8 L/yr 37% more

Loan Processor salary at CreditAccess Grameen ranges between ₹1.8 Lakh to ₹2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of CreditAccess Grameen.

Experience wise CreditAccess Grameen Loan Processor salaries

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹2 L/yr

Similar Designation salaries in CreditAccess Grameen

Team Lead Salary

(9 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Analyst Salary

(4 salaries)

₹4 L/yr - ₹8.5 L/yr

Finance Executive Salary

(8 salaries)

₹1.44 L/yr - ₹3.05 L/yr

Accountant Salary

(6 salaries)

₹1.7 L/yr - ₹2.5 L/yr

Senior Associate Salary

(17 salaries)

₹1.05 L/yr - ₹3.4 L/yr

Senior Analyst Salary

(3 salaries)

₹5 L/yr - ₹6 L/yr

Deputy Manager Salary

(18 salaries)

₹3.85 L/yr - ₹11.05 L/yr

Accounts Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Financial Analyst Salary

(4 salaries)

₹1.8 L/yr - ₹2.25 L/yr

Management Trainee Salary

(5 salaries)

₹3.5 L/yr - ₹7 L/yr

Salary related reviews for CreditAccess Grameen

Assistant Operations Excellence Manager in Bangalore / Bengaluru

Full Time

Product Management Department

4.0

• posted on 28 Sep 2024

3.0

for Salary and Benefits

Likes

A great place to work. Amazing culture. Seniors are very helpful and Humble. Everyone is supportive. Appraisal is the best part as every year we get good bonus and hike. Work life balance is great

Job security - Excellent

+4 more

Dislikes

Salary is not satisfactory.

Recovery Executive in Bhinmal

Full Time

Finance & Accounting Department

3.0

• posted on 30 Aug 2024

5.0

for Salary and Benefits

Likes

Working at Credit Access Grameen, a leading microfinance institution in India, can offer several benefits. Employees often appreciate the organization's commitment to financial inclusion and the positive social impact it creates by providing credit to underserved communities. The company culture usually emphasizes teamwork, growth, and learning opportunities. Additionally, being part of a mission-driven organization can be personally rewarding, as you contribute to empowering individuals and fostering economic development in low-income areas.

Salary - Excellent

+6 more

Dislikes

...perceived or real limitations in career advancement or professional development. Compensation: Some employees might feel that the salary and benefits do not align with their level of responsibility or industry standards. Work-Life Balance: The demands of the job might impact personal time and work-life balance. Organizational Changes: Frequent changes in company policies or leadership might create an unstable work environment. These points can vary based on role, location, and individual experiences.

Assistant Branch Manager in Thiruvaiyaru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 31 Dec 2023

2.0

for Salary and Benefits

Likes

We defenetly got a respect for our work

Skill development - Good

+3 more

Dislikes

...24*7 working day, they won't leave for any holiday and at all. This is very bad. And one more thing salary is very low compared to other small mfi.

Salary - Poor

Branch Manager in Full Time Office

Full Time

Finance & Accounting Department

3.0

• posted on 27 Dec 2024

4.0

for Salary and Benefits

Likes

Good Company but Chennai division manager Mr.Kannan very bad

Salary - Good

+4 more

Dislikes

Chennai division DM mr.Kannan ask daily customer to bill deposit their my salary & tell not allowed to new PAR..😡 I have loss Rs.175000 due to pressure from chennai divisional manager Mr.Kannan sir...😥😥 Chennai division many staff attrition ... Now i am reliving this company 😥

Promotions - Poor

Trainee in Banglore

Full Time

Finance & Accounting Department

5.0

• posted on 12 Oct 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cefeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

Office timing is not good

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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CreditAccess Grameen Loan Processor Salary FAQs

What is the salary of Loan Processor at CreditAccess Grameen ?

The average salary of a Loan Processor at CreditAccess Grameen in India typically ranges from ₹1.8 Lakhs to ₹2.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Loan Processor at CreditAccess Grameen earn more than ₹2.0 Lakhs per year, and the top 1% earn over ₹2.0 Lakhs per year. Loan Processor Salaries at CreditAccess Grameen 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 CreditAccess Grameen employees in India.

What is the estimated take home salary of a Loan Processor at CreditAccess Grameen in India?

The estimated take-home salary of a Loan Processor at CreditAccess Grameen in India typically ranges from ₹13,166 to ₹14,575 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.0 Lakhs per year for employees with experience ranging from 1 year 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 CreditAccess Grameen. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than CreditAccess Grameen for Loan Processor in India?

Home Credit Finance	₹1.6 Lakhs to ₹4.0 Lakhs per year
SMFG India Credit	₹2.4 Lakhs to ₹2.8 Lakhs per year
Manappuram Finance	₹1.8 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services	₹0.9 Lakhs to ₹3.1 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹2.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by CreditAccess Grameen, depending on the role and experience level.

What is the salary of a Loan Processor in companies similar to CreditAccess Grameen in India?

The salary of a Loan Processor at companies similar to CreditAccess Grameen in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance	₹1.8 Lakhs to ₹2.2 Lakhs per year
Muthoot Fincorp	₹1.2 Lakhs to ₹2.5 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 Loan Processor at CreditAccess Grameen in India?

The salary growth for a Loan Processor at CreditAccess Grameen depends on factors such as experience, performance, and promotions. On average, a Loan Processor can expect the following growth trajectory at CreditAccess Grameen:

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹3.3 Lakhs per year
2 years	₹0.7 Lakhs to ₹2.0 Lakhs per year
3 years	₹0.8 Lakhs to ₹2.0 Lakhs per year
4 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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CreditAccess Grameen Loan Processor Salaries by Location

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CreditAccess Grameen Loan Processor Salaries

CreditAccess Grameen Loan Processor salary in India ranges between ₹1.8 Lakh to ₹2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 CreditAccess Grameen latest salaries received from various employees of CreditAccess Grameen.

CreditAccess Grameen Loan Processor salaries in India

Companies similar to CreditAccess Grameen for Loan Processor

Latest annual salaries shared by CreditAccess Grameen Loan Processor

Experience wise CreditAccess Grameen Loan Processor salaries

Similar Designation salaries in CreditAccess Grameen

Salary related reviews for CreditAccess Grameen

Assistant Operations Excellence Manager in Bangalore / Bengaluru

Recovery Executive in Bhinmal

Assistant Branch Manager in Thiruvaiyaru

Branch Manager in Full Time Office

Trainee in Banglore

CreditAccess Grameen Loan Processor Salary FAQs

Tell us how to improve this page.

CreditAccess Grameen Loan Processor Salaries by Location