GrayQuest Mumbai Credit Associate Salaries by 7 Employees

0 - 4 years exp.

₹3 Lakhs - ₹4.2 Lakhs

Salary of majority employees

38% less than the average Credit Associate Salary in Education & Training Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Credit Associate Salary 2 - 4 years exp. (4 salaries)	₹3.6 L/yr - ₹4.2 L/yr
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Risk Management & Compliance Credit Associate Salary Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Last Updated: 16 Mar 2023

Companies similar to GrayQuest for Credit Associate in Mumbai

GrayQuest Credit Associate Salary

0 - 4 years exp. (7 salaries)

₹3 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Credit Associate Salary 2 - 6 years exp. (11 salaries)	₹24 L/yr - ₹36 L/yr 762% more
Kotak Mahindra Bank Credit Associate Salary 3 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 34% less
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Muthoot Homefin India Credit Associate Salary 2 - 4 years exp. (5 salaries)	₹2 L/yr - ₹2.5 L/yr 40% less
Upwards Fintech Credit Associate Salary 2 - 6 years exp. (5 salaries)	₹4 L/yr - ₹11.5 L/yr 86% more
InCred Finance Credit Associate Salary 0 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹2.5 L/yr 34% less

Credit Associate salary at GrayQuest ranges between ₹3 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of GrayQuest.

Experience wise GrayQuest Credit Associate salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹6.4 L/yr
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2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.2 L/yr
3 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.2 L/yr

Similar Designation salaries in GrayQuest

Finance Executive Salary

(3 salaries)

₹3.6 L/yr - ₹4.5 L/yr

Salary related reviews for GrayQuest

Sales Team Leader in New Delhi

Full Time

Finance & Accounting Department

5.0

• posted on 09 Jul 2024

5.0

for Salary and Benefits

Likes

It was really nice working with the company. I got a lot of learnt. I had customer interaction, customer question queries & resolved.

Salary - Excellent

+4 more

Dislikes

There was no growth or change in salary after so much hard work and target completion or completion of the year.

Promotions - Bad

Inside Sales Associate (working remotely)

Contractual

Sales & Business Development Department

3.0

• posted on 28 Nov 2022

2.0

for Salary and Benefits

Likes

Company work is good but the environment of the company is very toxic.

Dislikes

First things you will never receive the salary on time and 99% never receive the incentive.. If you have any query regarding salary or related to hr. Hr will not receive the call and not give the reply of mail.... And also higher authority management will not solve the problem.... They higher only 3 month after that they will fire you without give any confirmation mail and you will not receive the experience letter.....hr and manager will not receive the call. Manager will cut your salary.... And will give the excuses....

Salary - Poor

+4 more

Operations Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 Oct 2024

5.0

for Salary and Benefits

Likes

I enjoy the collaborative and innovative environment at GQ, where fresh ideas are valued, and continuous growth is encouraged. The company's idea of simplifying education financing resonates with me, and it's fulfilling to be a part of a team that makes a meaningful impact.

Salary - Excellent

+6 more

Dislikes

While every company has areas of improvement, I appreciate that GQ is proactive in addressing challenges. Any concerns I have had such as occasional communication gaps have been met with a willingness to improve, making the work environment more constructive.

Key Account Manager in Mumbai

Full Time

Sales & Business Development Department

5.0

• posted on 27 Nov 2024

2.0

for Salary and Benefits

Likes

Too much politics the culture is where your manager will never give the credits for your work and will always be there take up your credit, they really play with your own self beliefs they will never remove you directly instead what they do is putting you in PIP and then expect you to achieve your quarterly targets in 1 month and if you don’t deliver you will be removed out of rhe organisation irrespective whether you are 6 months or 6 years in the organisation.

Work satisfaction - Excellent

+1 more

Dislikes

Dominant senior

Salary - Poor

+3 more

Technical Lead in Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 04 Oct 2024

4.0

for Salary and Benefits

Likes

- Company has a good tech stack with a clear vision to execute their goals - Uncapped Leave policy - Lean team of Engineers meaning ample opportunities to make autonomous decisions and hands on experience in industry specific tech - Hardworking and helpful colleagues to work with - Flexible timings make sure work life balance is easily attainable - Clear focus on results rather than counting hours

Salary - Good

+6 more

Dislikes

- Pantry size could be improved

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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GrayQuest Credit Associate Salary FAQs

What is the salary of Credit Associate at GrayQuest in Mumbai?

The average salary of a Credit Associate at GrayQuest in Mumbai typically ranges from ₹3.0 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Credit Associate in Mumbai at GrayQuest earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Credit Associate Salaries at GrayQuest 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 7 GrayQuest employees in India.

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

The estimated take-home salary of a Credit Associate at GrayQuest in Mumbai typically ranges from ₹27,209 to ₹28,615 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 7 salaries received from various employees of GrayQuest. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than GrayQuest for Credit Associate in India?

JPMorgan Chase & Co.	₹24.0 Lakhs to ₹36.0 Lakhs per year
Upwards Fintech	₹4.0 Lakhs to ₹11.5 Lakhs per year

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

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

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

InCred Finance	₹2.3 Lakhs to ₹2.5 Lakhs per year
Kotak Mahindra Bank	₹2.0 Lakhs to ₹3.0 Lakhs per year
Muthoot Homefin India	₹2.0 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 Associate at GrayQuest in Mumbai?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹6.1 Lakhs per year
1 year	₹3.0 Lakhs to ₹6.4 Lakhs per year
2 years	₹3.6 Lakhs to ₹4.2 Lakhs per year
3 years	₹1.5 Lakhs to ₹4.2 Lakhs per year

and so on.

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GrayQuest Credit Associate Salaries in Mumbai

GrayQuest Credit Associate salary in Mumbai ranges between ₹3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 GrayQuest latest salaries received from various employees of GrayQuest.