Edelweiss Chennai Credit Officer Salaries by 9 Employees

2 - 7 years exp.

₹2.3 Lakhs - ₹3.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Credit Officer Salary in Financial Services Companies for 2 - 7 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 2 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹3.7 L/yr
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BFSI, Investments & Trading Credit Officer Salary 2 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹3.9 L/yr

Last Updated: 2 Aug 2023

Companies similar to Edelweiss for Credit Officer in Chennai

Edelweiss Credit Officer Salary

2 - 7 years exp. (9 salaries)

₹2.3 L/yr - ₹3.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Officer Salary 1 - 5 years exp. (6 salaries)	₹2.4 L/yr - ₹4 L/yr 1% less
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (111 salaries)	₹1.6 L/yr - ₹4.4 L/yr 16% less	19 job openings
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HDB Financial Services Credit Officer Salary 1 - 7 years exp. (28 salaries)	₹1.2 L/yr - ₹3.7 L/yr 24% less
RBL Bank Credit Officer Salary 1 - 7 years exp. (13 salaries)	₹1.4 L/yr - ₹4 L/yr 25% less
Cholamandalam Investment & Finance Credit Officer Salary 0 - 6 years exp. (12 salaries)	₹1.7 L/yr - ₹3 L/yr 17% less

Credit Officer salary at Edelweiss ranges between ₹2.3 Lakhs to ₹3.9 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of Edelweiss.

Experience wise Edelweiss Credit Officer salaries in Chennai

Last Updated: 2 Aug 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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4 years (3 salaries)	₹2.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr

View all

Similar Designation salaries in Edelweiss

Credit Manager Salary

(10 salaries)

₹5.5 L/yr - ₹12 L/yr

Branch Manager Salary

(8 salaries)

₹5.65 L/yr - ₹9 L/yr

Salary related reviews for Edelweiss

4.7

Rated by 6 employees for salary & benefits

Credit Officer in Begumpet

Credit Underwriting Department

4.0

• posted on 22 Jul 2020

2.0

for Salary and Benefits

Likes

Good work environment and culture. There is a big cafeteria for chilling

Work satisfaction - Good

+2 more

Dislikes

...ion making is not good . Police wise good but some older than present companies. I was working more than 2 years but not giving hikes and salary increments . In this pandemic situation company has taken force resignations to the employees

Salary - Poor

Credit Officer in Mumbai

Finance & Accounting Department

5.0

• posted on 08 Apr 2019

4.0

for Salary and Benefits

Likes

Teamwork,training,job security,career growth,Learing new experience,Work Environment everything are best here. Best Career Start For Fresher as well as Experienced person to do work.

Salary - Good

+6 more

Dislikes

Work life balance, Salary, Politics & innovation

Credit Officer in Kolar

Credit Department

4.0

• posted on 10 Jan 2019

5.0

for Salary and Benefits

Likes

The company is into the finance. Providing sme loans for business improvements. Timings also comfortable to work as a female employee I am really to be a part of it

Salary - Excellent

+6 more

Dislikes

Need the salary hike and career improvements

Branch Credit Manager in Aurangabad

Full Time

Risk Management & Compliance Department

4.0

• posted on 10 Oct 2023

2.0

for Salary and Benefits

Likes

Sat sun weekly off Average work culture Employee oriented culture

Job security - Good

Dislikes

...over month end Aggressive sales team Poor promotion Poor compliance management Cost cutting

Salary - Poor

+2 more

Credit Manager in Surat

Full Time

Risk Management & Compliance Department

5.0

• posted on 06 Mar 2022

3.0

for Salary and Benefits

Likes

Good Experience work in edelweiss and, work freely and fredamly no any pressure and worklord onchead ,good work experience.No any Dislikes coment

Skill development - Excellent

+5 more

Dislikes

...omment is dislikes ,i have work more than 4and half years but,as a financially .there has been growth, and no any salary growth shows in last 4 year .finally i have left the job for financial and salary.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Edelweiss Credit Officer Salary FAQs

What is the salary of Credit Officer at Edelweiss in Chennai?

The average salary of a Credit Officer at Edelweiss in Chennai typically ranges from ₹2.3 Lakhs to ₹3.9 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Credit Officer in Chennai at Edelweiss earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.9 Lakhs per year. Credit Officer Salaries at Edelweiss 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 9 Edelweiss employees in India.

What is the estimated take home salary of a Credit Officer at Edelweiss in Chennai?

The estimated take-home salary of a Credit Officer at Edelweiss in Chennai typically ranges from ₹24,860 to ₹26,301 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.9 Lakhs per year for employees with experience ranging from 2 years to 7 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 9 salaries received from various employees of Edelweiss. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Credit Officer in companies similar to Edelweiss in Chennai?

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

Bajaj Finserv	₹2.4 Lakhs to ₹4.0 Lakhs per year
Equitas Small Finance Bank	₹1.6 Lakhs to ₹4.4 Lakhs per year
Cholamandalam Investment & Finance	₹1.7 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services	₹1.2 Lakhs to ₹3.7 Lakhs per year
RBL Bank	₹1.4 Lakhs to ₹4.0 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 Officer at Edelweiss in Chennai?

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

Experience	Average Salary Range
2 years	₹2.9 Lakhs to ₹3.8 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹2.8 Lakhs to ₹6.1 Lakhs per year
5 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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Edelweiss Credit Officer Salaries in Chennai

Edelweiss Credit Officer salary in Chennai ranges between ₹2.3 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Edelweiss latest salaries received from various employees of Edelweiss.