Danfoss Industries Credit Analyst Salaries by 6 Employees

3 - 5 years exp.

₹3 Lakhs - ₹8.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

20% less than the average Credit Analyst Salary in Industrial Machinery Companies for 3 - 5 years of experience

Interested in this particular role?

Last Updated: 24 Nov 2024

Companies similar to Danfoss Industries for Credit Analyst

Company name	Avg Annual Salary	Open Jobs
ABB Credit Analyst Salary 0 - 10 years exp. (5 salaries)	₹3.2 L/yr - ₹12 L/yr 2% less
Caterpillar Inc Credit Analyst Salary 0 - 7 years exp. (4 salaries)	₹7.7 L/yr - ₹14 L/yr 59% more
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John Deere Credit Analyst Salary 5 - 8 years exp. (4 salaries)	₹6.3 L/yr - ₹8 L/yr 2% more
Axis Bank Credit Analyst Salary 1 - 9 years exp. (414 salaries)	₹5.5 L/yr - ₹21 L/yr 73% more	1 job opening
Crisil Credit Analyst Salary 1 - 5 years exp. (426 salaries)	₹5.5 L/yr - ₹17 L/yr 66% more	6 job openings

Credit Analyst salary at Danfoss Industries ranges between ₹3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Danfoss Industries.

Experience wise Danfoss Industries Credit Analyst salaries

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
3 years (4 salaries)	₹3 L/yr - ₹8.7 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.7 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.5 L/yr

Similar Designation salaries in Danfoss Industries

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Top skills at Danfoss Industries for Credit Analyst

Refrigeration Automotive Renewable Energy customer support Customer Service Process Improvement SAP MS Office Credit Analysis Industrial Machinery ERP Claims Billing EDI French

Salary related reviews for Danfoss Industries

Production Team Leader in Chennai

Full Time

Other Department

4.0

• posted on 24 Nov 2024

3.0

for Salary and Benefits

Likes

"I'm grateful to be a part of Danfoss Industries, where innovation meets sustainability. What I appreciate most about working here is:

Skill development - Excellent

+4 more

Dislikes

...at Danfoss Industries, as it has provided me with valuable skills and knowledge. However, I do have one concern that I'd like to share: Despite my significant work experience and contributions to the company, I feel that my salary is below market average. I believe that my hard work and dedication warrant a salary that reflects my value to the organization.

Financial Accountant in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 13 May 2024

3.0

for Salary and Benefits

Likes

... overall culture of the company is good. There are decent opportunities to grow. Pay is at par though they are not the leaders.

Skill development - Good

+2 more

Dislikes

The Finance leadership is unaware of the weakness in Company’s systems, processes and controls. Consequently, there is wide gap between expectation and reality.

Engineer in Pune

Full Time

Production, Manufacturing & Engineering Department

2.0

• posted on 06 Sep 2024

3.0

for Salary and Benefits

Likes

You will get Rs 5000 as gift per year Good work quality ,good office & infra , canteen,

Work satisfaction - Good

Dislikes

Company will not pay your variable pay STI (Bonus) - 0% payout Company doesnt pay your CTC complete Low Job Security Always making drastic changes in strategy and laying off people Top Management doesn't know how to run a $10B company

Job security - Bad

Buyer in Chennai

Full Time

Procurement & Supply Chain Department

4.0

• posted on 16 Aug 2021

4.0

for Salary and Benefits

Likes

Good work and very much of support our team and we are initiate and providing self growth for each person environment and culture is very good and more training will be providing for growing our self

Salary - Good

+5 more

Dislikes

They're are not providing salary based ok our work

Work-life balance - Poor

Deputy Manager (SCM- Purchase & Vendor Management) in Vadodara

Full Time

Procurement & Supply Chain Department

1.0

• posted on 26 Feb 2024

1.0

for Salary and Benefits

Likes

Good Market Portfolio Trainings & devlopement

Dislikes

Poor Management & working culture No transparency for job profile & salary Very Limited Scope of Improvement Good Brand name but worse like road side company

Salary - Bad

+5 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Danfoss Industries Credit Analyst Salary FAQs

What is the salary of Credit Analyst at Danfoss Industries ?

The average salary of a Credit Analyst at Danfoss Industries in India typically ranges from ₹3.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Credit Analyst at Danfoss Industries earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Credit Analyst Salaries at Danfoss Industries 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 6 Danfoss Industries employees in India.

What is the estimated take home salary of a Credit Analyst at Danfoss Industries in India?

The estimated take-home salary of a Credit Analyst at Danfoss Industries in India typically ranges from ₹52,638 to ₹53,947 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 3 years 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 6 salaries received from various employees of Danfoss Industries. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Analyst at Danfoss Industries ?

To be a Credit Analyst at Danfoss Industries in india, the key skills required include:

- Refrigeration
- Automotive
- Renewable Energy
- customer support
- Customer Service

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

Which companies offer higher salaries than Danfoss Industries for Credit Analyst in India?

Axis Bank	₹5.5 Lakhs to ₹21.0 Lakhs per year
Crisil	₹5.5 Lakhs to ₹17.0 Lakhs per year
Caterpillar Inc	₹7.7 Lakhs to ₹14.0 Lakhs per year
John Deere	₹6.3 Lakhs to ₹8.0 Lakhs per year

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

What is the salary of a Credit Analyst in companies similar to Danfoss Industries in India?

The salary of a Credit Analyst at companies similar to Danfoss Industries in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ABB	₹3.2 Lakhs to ₹12.0 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 Analyst at Danfoss Industries in India?

The salary growth for a Credit Analyst at Danfoss Industries depends on factors such as experience, performance, and promotions. On average, a Credit Analyst can expect the following growth trajectory at Danfoss Industries:

Experience	Average Salary Range
3 years	₹3.0 Lakhs to ₹8.7 Lakhs per year
4 years	₹5.5 Lakhs to ₹10.7 Lakhs per year
5 years	₹2.8 Lakhs to ₹8.5 Lakhs per year

and so on.

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Danfoss Industries Credit Analyst Salaries

Danfoss Industries Credit Analyst salary in India ranges between ₹3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Danfoss Industries latest salaries received from various employees of Danfoss Industries.