Crisil Mumbai Associate Salaries by 100+ Employees (Updated 2025)

0 - 6 years exp.

₹2.6 Lakhs - ₹12.5 Lakhs

Salary of majority employees

10% less than the average Associate Salary in Analytics & KPO Companies for 0 - 6 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Finance & Accounting Associate Salary 0 - 6 years exp. (80 salaries)	₹1.6 L/yr - ₹11.1 L/yr
BFSI, Investments & Trading Associate Salary 1 - 5 years exp. (26 salaries)	₹3.8 L/yr - ₹15.3 L/yr
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Data Science & Analytics Associate Salary 1 - 6 years exp. (18 salaries)	₹2.3 L/yr - ₹12.3 L/yr
Human Resources Associate Salary 1 - 5 years exp. (8 salaries)	₹2.8 L/yr - ₹8.6 L/yr
Customer Success, Service & Operations Associate Salary 1 - 5 years exp. (7 salaries)	₹2.4 L/yr - ₹8.3 L/yr

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Last Updated: 7 Mar 2025

Companies similar to Crisil for Associate in Mumbai

Crisil Associate Salary

0 - 6 years exp. (173 salaries)

₹2.6 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICRA Associate Salary 0 - 9 years exp. (6 salaries)	₹2.1 L/yr - ₹5 L/yr 49% less
Axis Bank Associate Salary 0 - 8 years exp. (17 salaries)	₹2.1 L/yr - ₹5 L/yr 50% less
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HDFC Bank Associate Salary 0 - 6 years exp. (21 salaries)	₹1.9 L/yr - ₹7.8 L/yr 57% less
Netscribes Associate Salary 0 - 4 years exp. (28 salaries)	₹1.2 L/yr - ₹3.9 L/yr 69% less
Moody's Associate Salary 2 - 4 years exp. (9 salaries)	₹7 L/yr - ₹10.1 L/yr 29% more	1 job opening
Acuité Ratings & Research Associate Salary 0 - 3 years exp. (9 salaries)	₹2 L/yr - ₹5.8 L/yr 38% less
Credit Information Bureau Associate Salary 0 - 5 years exp. (8 salaries)	₹3 L/yr - ₹4.8 L/yr 51% less
Matrix Business Services Associate Salary 3 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹2.3 L/yr 70% less
Karvy Data Management Services Associate Salary 1 - 2 years exp. (3 salaries)	₹1.4 L/yr - ₹2.2 L/yr 73% less

Associate salary at Crisil ranges between ₹2.6 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 173 latest salaries received from various employees of Crisil.

Experience wise Crisil Associate salaries in Mumbai

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹2.8 L/yr - ₹10 L/yr
1 year (43 salaries)	₹2 L/yr - ₹9 L/yr
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2 years (41 salaries)	₹1.8 L/yr - ₹11.7 L/yr
3 years (26 salaries)	₹2.2 L/yr - ₹12.2 L/yr
4 years (26 salaries)	₹3 L/yr - ₹13.5 L/yr
5 years (20 salaries)	₹3.8 L/yr - ₹11.5 L/yr
6 years (12 salaries)	₹4.5 L/yr - ₹12.3 L/yr

View all

From

Associate

₹

Lakhs/yr

0 - 6 years exp.

Director

₹

Lakhs/yr

10 - 20 years exp.

Associate

0 - 6 years exp.

Research Analyst

0 - 7 years exp.

65% hike

Senior Research Analyst

2 - 11 years exp.

32% hike

From

View 2 more levels

Associate

0 - 6 years exp.

Analyst Lead

6 - 7 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Crisil

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Lead Engineer Salary

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₹11 L/yr - ₹25 L/yr

Team Lead Salary

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Technical Lead Salary

(10 salaries)

₹11.5 L/yr - ₹25.2 L/yr

Associate Consultant Salary

(6 salaries)

₹8.8 L/yr - ₹12 L/yr

Java Developer Salary

(4 salaries)

₹7.9 L/yr - ₹9.85 L/yr

Top skills at Crisil for Associate

Analytics Excel Bloomberg Finance Advanced Excel

Salary related reviews for Crisil

2.6

Rated by 44 employees for salary & benefits

Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Nov 2023

1.0

for Salary and Benefits

Likes

Job security Culture depends on your team Flexibility to work. You have enough work but not necessary that you need to login at 11 and log off at 8. Half a day concept isn't there ..so if you take permission from your manager for half a day it isn't considered as a leave . But this is again based on your manager

Job security - Excellent

+1 more

Dislikes

1.Compensation. They are very bad when it comes to annual hike Culture is bad in many teams Work hours might be extended even post 11 pm 2.No automation or tech - they ask us to learn and upskill and implement things. However, the company will give trainings or LinkedIn trainings and ask for result in automation from a non comp science person in no time 3. I have seen people as associate for 9 plus years . So promotions are rare 4.the goal is set in a very detailed manner that you can get any hike by the end of the year. You get hike is one digit!!

Salary - Bad

+3 more

Senior Software Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

2.0

• posted on 23 Jan 2023

1.0

for Salary and Benefits

Likes

Has a mix of mnc and start up cultures

Job security - Good

Dislikes

...ey will give so much work that every day atleast 1-2 hours should be extended They constantly put the work burden on the ones who work sincerely leaving them completely drained for very less salaries and for very less career development time.

Salary - Bad

+5 more

Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 29 Nov 2022

2.0

for Salary and Benefits

Likes

OverAll Work experience was great i got to learn new things for first year. Managers and other Team Members are very helpful Job Security

Job security - Excellent

+2 more

Dislikes

After Few Years Nothing new to learn, it is same repetitive Tasks Salary is less than Market standards even after Appraaisal and promotion is also less If you do trading you have to take approval from compliance team before Trading in Shares and IPO etc

Salary - Poor

+1 more

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 Jul 2023

5.0

for Salary and Benefits

Likes

1. Pay & package 2. Good infrastructure 3.Fixed seat allocation 4.Proper transport facility 5.Free evening snacks for every employee 6.Best management people, operation manager were very cooperative and always ready to listen from their subordinates 7.Always appreciate for new ideas and initiatives

Salary - Excellent

+6 more

Dislikes

I was unfortunate to continue with this company.Now trying get back there but failed.

Associate Consultant in Gurgaon / Gurugram

Contractual

Consulting Department

3.0

• posted on 06 Jul 2023

3.0

for Salary and Benefits

Likes

Only salary benefits are there. They’ll offer you whatever you ask for initially however after that no appraisals no promotions. Nothing!

Dislikes

Work life balance is pathetic Seniors they don’t know how to get the team engaged Politics at its best No job security

Skill development - Bad

+5 more

see more salary related reviews

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What people are saying about Crisil

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a research analyst

Golden Path (Private Credit)

I’m a CFA charter holder with about 4.5 years of experience mostly in credit analysis & valuations, currently working in private credit valuations (for a KPO, client is a massive PC fund). Recently got promoted to Senior level (der aye durust aye) I’m trying to find the golden path now. Following is my current plan: 1. Highlight due diligence and underwriting experience and transition to a deal team (either a global fund like Ares/Apollo or an Indian fund (even try my shot at venture debt) 2. Pursue an MBA from a decent uni (i have a 90 percentile score in GMAT). Targeting ISB, INSEAD, ESADE, IE, HEC Paris, a few Unis in US located in Boston/Chicago /NY. Post which I can perhaps continue in a tier 1 private credit fund like KKR, Carlyle, Blackstone? Considering my age and trajectory I only have this Sept Round 1 to pick out an MBA and go in Fall’26 Does this path seem golden given my profile? Can I improve it? Is MBA worth it? 😂

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Crisil Associate Salary FAQs

What is the salary of Associate at Crisil in Mumbai?

The average salary of a Associate at Crisil in Mumbai typically ranges from ₹2.6 Lakhs to ₹12.5 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Associate in Mumbai at Crisil earn more than ₹10.8 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Associate Salaries at Crisil 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 100+ Crisil employees in India.

What is the estimated take home salary of a Associate at Crisil in Mumbai?

The estimated take-home salary of a Associate at Crisil in Mumbai typically ranges from ₹53,792 to ₹55,133 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from Fresher to 6 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 100+ salaries received from various employees of Crisil. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate at Crisil in Mumbai?

To be a Associate at Crisil in Mumbai, the key skills required include:

- Analytics
- Excel
- Bloomberg
- Finance
- Advanced Excel

These skills are highly valued at Crisil and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Crisil for Associate in India?

Moody's

₹7.0 Lakhs to ₹10.1 Lakhs per year

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

What is the salary of a Associate in companies similar to Crisil in Mumbai?

The salary of a Associate at companies similar to Crisil in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Acuité Ratings & Research	₹2.0 Lakhs to ₹5.8 Lakhs per year
ICRA	₹2.1 Lakhs to ₹5.0 Lakhs per year
Axis Bank	₹2.1 Lakhs to ₹5.0 Lakhs per year
Credit Information Bureau	₹3.0 Lakhs to ₹4.8 Lakhs per year
HDFC Bank	₹1.9 Lakhs to ₹7.8 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 Associate at Crisil in Mumbai?

The salary growth for a Associate at Crisil in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at Crisil:

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹10.0 Lakhs per year
1 year	₹2.0 Lakhs to ₹9.0 Lakhs per year
2 years	₹1.8 Lakhs to ₹11.7 Lakhs per year
3 years	₹2.2 Lakhs to ₹12.2 Lakhs per year

and so on.

Tell us how to improve this page.

Crisil Associate salary in Mumbai ranges between ₹2.6 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 173 Crisil latest salaries received from various employees of Crisil.