DCB Bank Mumbai Credit Officer Salaries by 5 Employees

2 - 6 years exp.

₹2.6 Lakhs - ₹4 Lakhs

Salary of majority employees

26% less than the average Credit Officer Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 3 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹4 L/yr
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BFSI, Investments & Trading Credit Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr

Last Updated: 21 Oct 2023

Companies similar to DCB Bank for Credit Officer in Mumbai

DCB Bank Credit Officer Salary

2 - 6 years exp. (5 salaries)

₹2.6 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (28 salaries)	₹2.9 L/yr - ₹5 L/yr 38% more
RBL Bank Credit Officer Salary 1 - 7 years exp. (24 salaries)	₹2 L/yr - ₹4.4 L/yr 10% less
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IndusInd Bank Credit Officer Salary 1 - 7 years exp. (9 salaries)	₹1.5 L/yr - ₹3.2 L/yr 15% less
Federal Bank Credit Officer Salary 1 - 3 years exp. (8 salaries)	₹4.7 L/yr - ₹16 L/yr 227% more
Yes Bank Credit Officer Salary 2 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹3.2 L/yr 14% less
Deutsche Bank Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹4.6 L/yr - ₹10.4 L/yr 184% more	2 job openings
Indian Overseas Bank Credit Officer Salary 10 - 12 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 417% more
IDFC FIRST Bank Credit Officer Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 21% less
Bank of Maharashtra Credit Officer Salary 10 - 11 years exp. (3 salaries)	₹14.1 L/yr - ₹20 L/yr 399% more

Credit Officer salary at DCB Bank ranges between ₹2.6 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of DCB Bank.

Experience wise DCB Bank Credit Officer salaries in Mumbai

Last Updated: 21 Oct 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

Similar Designation salaries in DCB Bank

Deputy Manager Salary

(115 salaries)

₹2.3 L/yr - ₹8.4 L/yr

Credit Manager Salary

(24 salaries)

₹4 L/yr - ₹9.3 L/yr

Credit Analyst Salary

(12 salaries)

₹3.5 L/yr - ₹9 L/yr

Branch Manager Salary

(5 salaries)

₹5.5 L/yr - ₹11.5 L/yr

Area Credit Manager Salary

(3 salaries)

₹14 L/yr - ₹16 L/yr

Officer Salary

(3 salaries)

₹1.5 L/yr - ₹3.6 L/yr

Top skills at DCB Bank for Credit Officer

Power Point Presentation Data Entry Excel Analytics MIS

Salary related reviews for DCB Bank

4.6

Rated by 2 employees for salary & benefits

Relationship Manager in Vadodara

Full Time

Sales & Business Development Department

3.0

• posted on 24 Oct 2024

4.0

for Salary and Benefits

Likes

They are giving good salary package.

Salary - Good

Dislikes

There are so many politics.no support from superior.all case were set by credit team. whether it legal or technical all decisions given by credit team Only.i strongly recommend don't join this organisation for business purpose.

Skill development - Bad

+4 more

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 21 Jul 2024

3.0

for Salary and Benefits

Likes

Only good thing about this bank is salary hike. If you're looking for salary hike up to 70% only then join this bank.

Dislikes

Work culture is very poor. pressure will be built since day one. Their products are very limited but their expectations are very high. You need to have a lot of references to survive in this bank.

Skill development - Bad

+5 more

Relationship Manager in Vapi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 12 Apr 2024

2.0

for Salary and Benefits

Likes

The work culture is really good There are company events and parties almost every month Really good training program Very supportive managers

Promotions - Good

+1 more

Dislikes

...ng at month ends You may have to stay at the branch the whole night to disburse your case Credit team is very slow Half your salary will be gone in travelling

Salary - Poor

+3 more

Credit Analyst in Raipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Apr 2021

2.0

for Salary and Benefits

Likes

Very supportive & cooperative superiors. Helps to learn & gain knowledge.

Job security - Good

+1 more

Dislikes

As comparable to work pressure to be handled as credit analyst, salary structure is low as comparable to industry standards. Also, certain basic facilities to be provided to offices( other than corp.or circle offc) like pantry service,coffee machine, microwave,flexible timings,Sodexo,other perks,etc.

Salary - Poor

Branch Manager in Berhampur

Full Time

Other Department

2.0

• posted on 21 Dec 2023

3.0

for Salary and Benefits

Likes

Agree with work life balance but not good culture.

Work-life balance - Excellent

Dislikes

...am work at branch level work. Operations and Sales both are differently working. Operations people are seating ideal and getting good salary and bonus as well. Pls change the culture otherwise attrition will be higher in future. They are the liability for the organization and if you compare with other organizations, operations people are enjoying a lot. Pls change the culture 🙏

Skill development - Bad

+4 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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DCB Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at DCB Bank in Mumbai?

The average salary of a Credit Officer at DCB Bank in Mumbai typically ranges from ₹2.6 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Credit Officer in Mumbai at DCB Bank earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Credit Officer Salaries at DCB Bank 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 DCB Bank employees in India.

What is the estimated take home salary of a Credit Officer at DCB Bank in Mumbai?

The estimated take-home salary of a Credit Officer at DCB Bank in Mumbai typically ranges from ₹23,489 to ₹24,950 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years 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 5 salaries received from various employees of DCB Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Officer at DCB Bank in Mumbai?

To be a Credit Officer at DCB Bank in Mumbai, the key skills required include:

- Power Point Presentation
- Data Entry
- Excel
- Analytics
- MIS

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

Which companies offer higher salaries than DCB Bank for Credit Officer in India?

Indian Overseas Bank	₹14.5 Lakhs to ₹18.0 Lakhs per year
Bank of Maharashtra	₹14.1 Lakhs to ₹20.0 Lakhs per year
Federal Bank	₹4.7 Lakhs to ₹16.0 Lakhs per year
Deutsche Bank	₹4.6 Lakhs to ₹10.4 Lakhs per year
Ujjivan Small Finance Bank	₹2.9 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Credit Officer in companies similar to DCB Bank in Mumbai?

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

RBL Bank	₹2.0 Lakhs to ₹4.4 Lakhs per year
Yes Bank	₹2.4 Lakhs to ₹3.2 Lakhs per year
IndusInd Bank	₹1.5 Lakhs to ₹3.2 Lakhs per year
IDFC FIRST Bank	₹2.2 Lakhs to ₹2.8 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 Credit Officer at DCB Bank in Mumbai?

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

Experience	Average Salary Range
2 years	₹2.6 Lakhs to ₹5.5 Lakhs per year
3 years	₹2.6 Lakhs to ₹5.7 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
5 years	₹1.3 Lakhs to ₹4.0 Lakhs per year

and so on.

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DCB Bank Credit Officer Salaries in Mumbai

DCB Bank Credit Officer salary in Mumbai ranges between ₹2.6 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 DCB Bank latest salaries received from various employees of DCB Bank.