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

1 - 6 years exp.

₹1.2 Lakh - ₹3.7 Lakhs

Salary of majority employees

31% less than the average Credit Officer Salary in NBFC Companies for 1 - 6 years of experience

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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
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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. (27 salaries)

₹1.2 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Officer Salary 2 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹4.2 L/yr 3% more
HDFC Bank Credit Officer Salary 1 - 6 years exp. (20 salaries)	₹1.5 L/yr - ₹3.6 L/yr 5% more
Login to view exact salary
Axis Bank Credit Officer Salary 0 - 5 years exp. (10 salaries)	₹1.2 L/yr - ₹4.4 L/yr 35% more
Kotak Mahindra Bank Credit Officer Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹3.9 L/yr 1% more
Edelweiss Credit Officer Salary 2 - 7 years exp. (9 salaries)	₹2.3 L/yr - ₹3.9 L/yr 31% more
Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (7 salaries)	₹2.1 L/yr - ₹4 L/yr 12% more
L&T Finance Credit Officer Salary 2 - 4 years exp. (6 salaries)	₹2 L/yr - ₹3.5 L/yr 30% more
TVS Credit Credit Officer Salary 3 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹4.1 L/yr 12% less
Aditya Birla Finance Credit Officer Salary 2 - 7 years exp. (3 salaries)	₹2.4 L/yr - ₹4.3 L/yr 36% 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 27 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Credit Officer salaries in Chennai

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
1 year (8 salaries)	₹1.4 L/yr - ₹2.1 L/yr
2 years (6 salaries)	₹1.2 L/yr - ₹4 L/yr
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3 years (4 salaries)	₹1.9 L/yr - ₹4.3 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 (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.7 L/yr

View all

From

Credit Officer

₹

Lakhs/yr

1 - 7 years exp.

Zonal Business Manager

₹

Lakhs/yr

18 - 19 years exp.

Credit Officer 1 - 7 years exp.

Credit Relationship Manager 0 - 11 years exp.

31% hike

Branch Credit Manager 0 - 13 years exp.

47% hike

From

4 more levels

Credit Officer

1 - 7 years exp.

Zonal Manager

14 - 23 years exp.

View 1 more career path

Similar Designation salaries in HDB Financial Services

Officer Salary

(231 salaries)

₹1.4 L/yr - ₹4.5 L/yr

Sales Officer Salary

(210 salaries)

₹0.95 L/yr - ₹5.15 L/yr

Credit Manager Salary

(61 salaries)

₹2.5 L/yr - ₹8 L/yr

Branch Manager Salary

(41 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

(9 salaries)

₹4 L/yr - ₹7.5 L/yr

Credit Analyst Salary

(6 salaries)

₹1.9 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

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:

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.

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.

Branch Credit Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Oct 2024

2.0

for Salary and Benefits

Likes

...o like. Business teams are leading here. Business teams behaves like dog to BCM. Only on time salary is good thing

Dislikes

No value for credit in specially West Bengal lending department.No support for credit department. Business team from zonal level forceful to Branch credit level. Even working on credit department you will feel like you are working on sales. Even credit manager gets pressure more than any sales manager. Credit Manager leaves office every day at 10pm and at month end 3am at night.Even works on Saturday and Sunday

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

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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HDB Financial Services Credit Officer Salary FAQs

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

Credit Officer salary at HDB Financial Services in Chennai ranges between ₹1.2 Lakhs to ₹3.7 Lakhs for experience between 1 years to 6 years. According to our estimates it is 31% less than the average Credit Officer Salary in India. Salary estimates are based on 27 latest salaries received from various employees of HDB Financial Services Chennai.

How does the salary of a Credit Officer at HDB Financial Services Chennai compare with the average salary range for this job?

The average salary of a Credit Officer at HDB Financial Services is 31% less than the average salary of a Credit Officer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than HDB Financial Services to a Credit Officer in Chennai?

Aditya Birla Finance Credit Officer Salary - ₹2.4 Lakhs to ₹4.3 Lakhs per year
Axis Bank Credit Officer Salary - ₹1.2 Lakhs to ₹4.4 Lakhs per year
Edelweiss Credit Officer Salary - ₹2.3 Lakhs to ₹3.9 Lakhs per year
L&T Finance Credit Officer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
Muthoot Fincorp Credit Officer Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year

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

HDFC Bank Credit Officer Salary - ₹1.5 Lakhs to ₹3.6 Lakhs per year
ICICI Bank Credit Officer Salary - ₹2.5 Lakhs to ₹4.2 Lakhs per year
Kotak Mahindra Bank Credit Officer Salary - ₹1.8 Lakhs to ₹3.9 Lakhs per year
TVS Credit Credit Officer Salary - ₹2.1 Lakhs to ₹4.1 Lakhs per year

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 ranges between ₹17,917 per month to ₹19,611 per month in Chennai. The take-home salary calculation is based on the average HDB Financial Services Credit Officer salary in India which ranges between ₹1.2 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at HDB Financial Services in Chennai?

According to AmbitionBox, 67% of the HDB Financial Services Credit Officers in Chennai reported a notice period of 1 Month, 16% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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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 27 HDB Financial Services latest salaries received from various employees of HDB Financial Services.