HDB Financial Services Chennai Credit Officer Salaries by 20+ Employees (Updated 2025)

1 - 6 years exp.

₹1.2 Lakh - ₹3.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

38% less than the average Credit Officer Salary in NBFC Companies for 1 - 6 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 1 - 6 years exp. (12 salaries)	₹1.6 L/yr - ₹3.7 L/yr
Finance & Accounting Credit Officer Salary 1 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹3.5 L/yr
Login to view exact salary
Customer Success, Service & Operations Credit Officer Salary 2 - 6 years exp. (3 salaries)	₹1.2 L/yr - ₹3 L/yr

Last Updated: 9 Jan 2025

Companies similar to HDB Financial Services for Credit Officer in Chennai

HDB Financial Services Credit Officer Salary

1 - 6 years exp. (28 salaries)

₹1.2 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (8 salaries)	₹1.3 L/yr - ₹4 L/yr 17% more
L&T Finance Credit Officer Salary 2 - 4 years exp. (6 salaries)	₹2 L/yr - ₹3.5 L/yr 28% more
Login to view exact salary
TVS Credit Credit Officer Salary 3 - 9 years exp. (5 salaries)	₹2.1 L/yr - ₹4.1 L/yr At par
Muthoot Microfin Credit Officer Salary 2 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.7 L/yr 9% less
Aditya Birla Finance Credit Officer Salary 2 - 7 years exp. (3 salaries)	₹2.4 L/yr - ₹4.3 L/yr 41% more

Credit Officer salary at HDB Financial Services ranges between ₹1.2 Lakh to ₹3.7 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 28 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Credit Officer in Chennai

3mo ago

₹2.8 Lakhs

4 years exp.

5mo ago

₹3 Lakhs

6 years exp.

8mo ago

₹1.5 Lakh

2 years exp.

11mo ago

₹3.7 Lakhs

6 years exp.

1y ago

₹1.4 Lakh

1 year exp.

1y ago

4 years exp.

1y ago

1 year exp.

1y ago

5 years exp.

1y ago

2 years exp.

Experience wise HDB Financial Services Credit Officer salaries in Chennai

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
1 year (7 salaries)	₹1.4 L/yr - ₹2.1 L/yr
2 years (7 salaries)	₹1.2 L/yr - ₹2.1 L/yr
Login to view exact salary
3 years (4 salaries)	₹1.9 L/yr - ₹4 L/yr
4 years (4 salaries)	₹2 L/yr - ₹3.7 L/yr
5 years (3 salaries)	₹1.8 L/yr - ₹3.5 L/yr
6 years (3 salaries)	₹1.1 L/yr - ₹3.7 L/yr

View all

From

Credit Officer

₹

Lakhs/yr

1 - 7 years exp.

Zonal Business Manager

₹

Lakhs/yr

11 - 19 years exp.

Credit Officer

1 - 7 years exp.

Credit Relationship Manager

0 - 11 years exp.

29% hike

Branch Credit Manager

0 - 13 years exp.

47% hike

From

View 4 more levels

Credit Officer

1 - 7 years exp.

Zonal Manager

16 - 23 years exp.

From

View 3 more levels

Credit Officer

1 - 7 years exp.

Cluster Credit Manager

13 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDB Financial Services

Officer Salary

(228 salaries)

₹1.4 L/yr - ₹5 L/yr

Sales Officer Salary

(211 salaries)

₹0.95 L/yr - ₹4 L/yr

Credit Manager Salary

(67 salaries)

₹2.5 L/yr - ₹9 L/yr

Branch Manager Salary

(40 salaries)

₹4.17 L/yr - ₹12 L/yr

Area Credit Manager Salary

(14 salaries)

₹8.75 L/yr - ₹15 L/yr

Credit Executive Salary

(13 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(10 salaries)

₹4 L/yr - ₹7.5 L/yr

Credit Analyst Salary

(5 salaries)

₹2.15 L/yr - ₹4 L/yr

Salary related reviews for HDB Financial Services

3.9

Rated by 2 employees for salary & benefits

Credit Officer in Vasai

Finance & Accounting Department

2.0

• posted on 09 Sep 2020

2.0

for Salary and Benefits

Likes

I like that i got about product knowledge.

Dislikes

Company is not thinking about employees. There is politics. Salary is not increaed since 2 yrs. Saturday and sunday is having holidays. But they are telling employee to come for work. There is slow process of loan

Salary - Poor

+3 more

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

Credit Relationship Manager in Ankleshwar

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 24 Oct 2024

2.0

for Salary and Benefits

Likes

Learning Purposes it is goood but not good life long time.

Skill development - Good

Dislikes

Everything 1 Salary structure 2 Leave not giving which is considered as Leave on system but if they mail " Tomorrow is normal working day " u must come to branch, Shame thing to work with them.

Salary - Poor

+4 more

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Job security - Poor

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDB Financial Services

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

Got a question about HDB Financial Services?

Ask anonymously on communities.

HDB Financial Services Credit Officer Salary FAQs

What is the salary of Credit Officer at HDB Financial Services in Chennai?

The average salary of a Credit Officer at HDB Financial Services in Chennai typically ranges from ₹1.2 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Officer in Chennai at HDB Financial Services earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Credit Officer Salaries at HDB Financial Services 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 20+ HDB Financial Services employees in India.

What is the estimated take home salary of a Credit Officer at HDB Financial Services in Chennai?

The estimated take-home salary of a Credit Officer at HDB Financial Services in Chennai typically ranges from ₹16,569 to ₹18,273 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.7 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 20+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDB Financial Services for Credit Officer in India?

Aditya Birla Finance	₹2.4 Lakhs to ₹4.3 Lakhs per year
L&T Finance	₹2.0 Lakhs to ₹3.5 Lakhs per year
Muthoot Fincorp	₹1.3 Lakhs to ₹4.0 Lakhs per year
TVS Credit	₹2.1 Lakhs to ₹4.1 Lakhs per year

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

What is the salary of a Credit Officer in companies similar to HDB Financial Services in Chennai?

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

Muthoot Microfin

₹1.8 Lakhs to ₹2.7 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 HDB Financial Services in Chennai?

The salary growth for a Credit Officer at HDB Financial Services 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 HDB Financial Services:

Experience	Average Salary Range
1 year	₹1.4 Lakhs to ₹2.1 Lakhs per year
2 years	₹1.2 Lakhs to ₹2.1 Lakhs per year
3 years	₹1.9 Lakhs to ₹4.0 Lakhs per year
4 years	₹2.0 Lakhs to ₹3.7 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
HDB Financial Services Salaries >
HDB Financial Services Credit Officer Salaries >
HDB Financial Services Credit Officer Salaries in Chennai

HDB Financial Services Credit Officer salary in Chennai ranges between ₹1.2 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 HDB Financial Services latest salaries received from various employees of HDB Financial Services.