Essel Finance Credit Processing Associate Salaries by 4 Employees

1 - 6 years exp.

₹2.3 Lakhs - ₹2.7 Lakhs

Salary of majority employees

6% less than the average Credit Processing Associate Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Processing Associate Salary 1 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹2.7 L/yr
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Finance & Accounting Credit Processing Associate Salary 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr

Last Updated: 13 Mar 2023

Companies similar to Essel Finance for Credit Processing Associate

Company name	Avg Annual Salary	Open Jobs
Hero Housing Finance Credit Processing Associate Salary 0 - 6 years exp. (34 salaries)	₹2 L/yr - ₹3.4 L/yr 5% more
Pamac Finserve Credit Processing Associate Salary 1 - 3 years exp. (3 salaries)	₹1.4 L/yr - ₹2.5 L/yr 33% less
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Kotak Mahindra Bank Credit Processing Associate Salary 0 - 4 years exp. (304 salaries)	₹1.5 L/yr - ₹4 L/yr 8% more
Axis Bank Credit Processing Associate Salary 0 - 5 years exp. (176 salaries)	₹1.2 L/yr - ₹3.5 L/yr 2% less
ICICI Bank Credit Processing Associate Salary 0 - 6 years exp. (171 salaries)	₹1.2 L/yr - ₹3 L/yr 8% less

Credit Processing Associate salary at Essel Finance ranges between ₹2.3 Lakhs to ₹2.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Essel Finance.

Experience wise Essel Finance Credit Processing Associate salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.7 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Essel Finance

Account Assistant Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Relationship Manager Salary

(7 salaries)

₹2.85 L/yr - ₹4 L/yr

Finance Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Accounts Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Management Trainee Salary

(5 salaries)

₹3.5 L/yr - ₹6 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Salary related reviews for Essel Finance

Zonal Legal Head

Other Department

5.0

• posted on 24 Aug 2018

5.0

for Salary and Benefits

Likes

It's a new company in lending arena. A long story is still pending company is good but very conservative towards expansion. Sr. Management is awesome specially towards supports and decision making.

Salary - Excellent

+6 more

Dislikes

Conservative for business expansion and product (Type of Loans) development.

Customer Service Executive in Noida

Forex Department

1.0

• posted on 07 Jun 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

My branch manager Mr Vikas Patra behaviour is very bad with every employee. He is not man who support to anyone in his branch. I suggest to everyone who is interested to work with Essel forex Noida branch, Please take other opportunities in this sector.

Salary - Bad

+6 more

Manager - Sales - Loan Against Property in New Delhi

Other Department

2.0

• posted on 25 Oct 2017

4.0

for Salary and Benefits

Likes

compensation and benefit

Salary - Good

Dislikes

credit process and Operation is to bad , no pressure on credit & ops , credit takes too much time to approve a case, very poor sanction ratio even at 18% rate , need banking profile at 18 %, very bad risk appetite of credit, cases took even more than 3 months to sanction , Non of DSA is ready to work, company is good for only credit and OPS dep. it's like a govt job for Sales I would advice not to join.

Skill development - Bad

+5 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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Essel Finance Credit Processing Associate Salary FAQs

What is the salary of Credit Processing Associate at Essel Finance ?

The average salary of a Credit Processing Associate at Essel Finance in India typically ranges from ₹2.3 Lakhs to ₹2.7 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Processing Associate at Essel Finance earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Credit Processing Associate Salaries at Essel Finance 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 4 Essel Finance employees in India.

What is the estimated take home salary of a Credit Processing Associate at Essel Finance in India?

The estimated take-home salary of a Credit Processing Associate at Essel Finance in India typically ranges from ₹17,577 to ₹19,276 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹2.7 Lakhs per year for employees with experience ranging from 1 year 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 4 salaries received from various employees of Essel Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Essel Finance for Credit Processing Associate in India?

Kotak Mahindra Bank	₹1.5 Lakhs to ₹4.0 Lakhs per year
Hero Housing Finance	₹2.0 Lakhs to ₹3.4 Lakhs per year

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

What is the salary of a Credit Processing Associate in companies similar to Essel Finance in India?

The salary of a Credit Processing Associate at companies similar to Essel Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹1.2 Lakhs to ₹3.5 Lakhs per year
ICICI Bank	₹1.2 Lakhs to ₹3.0 Lakhs per year
Pamac Finserve	₹1.4 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 Credit Processing Associate at Essel Finance in India?

The salary growth for a Credit Processing Associate at Essel Finance depends on factors such as experience, performance, and promotions. On average, a Credit Processing Associate can expect the following growth trajectory at Essel Finance:

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹4.3 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹1.0 Lakhs to ₹2.7 Lakhs per year
4 years	₹1.0 Lakhs to ₹2.7 Lakhs per year

and so on.

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Essel Finance Credit Processing Associate Salaries

Essel Finance Credit Processing Associate salary in India ranges between ₹2.3 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Essel Finance latest salaries received from various employees of Essel Finance.

Essel Finance Credit Processing Associate salaries in India

Companies similar to Essel Finance for Credit Processing Associate

Latest annual salaries shared by Essel Finance Credit Processing Associate

Experience wise Essel Finance Credit Processing Associate salaries

Similar Designation salaries in Essel Finance

Salary related reviews for Essel Finance

Zonal Legal Head

Customer Service Executive in Noida

Manager - Sales - Loan Against Property in New Delhi

Essel Finance Credit Processing Associate Salary FAQs

Tell us how to improve this page.

Essel Finance Credit Processing Associate Salaries by Location