HDFC Bank Mumbai Credit Analyst Salaries by 30+ Employees (Updated 2025)

0 - 7 years exp.

₹6.9 Lakhs - ₹18.3 Lakhs

Salary of majority employees

17% more than the average Credit Analyst Salary in Banking Companies for 0 - 7 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Credit Analyst Salary 1 - 7 years exp. (4 salaries)	₹10.7 L/yr - ₹18.5 L/yr
Finance & Accounting Credit Analyst Salary 5 - 7 years exp. (4 salaries)	₹6.2 L/yr - ₹10.4 L/yr
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Data Science & Analytics Credit Analyst Salary 0 - 2 years exp. (3 salaries)	₹7.6 L/yr - ₹12 L/yr
Risk Management & Compliance Credit Analyst Salary 1 - 4 years exp. (3 salaries)	₹11 L/yr - ₹13.5 L/yr
Customer Success, Service & Operations Credit Analyst Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹10.8 L/yr

Last Updated: 10 Mar 2025

Companies similar to HDFC Bank for Credit Analyst in Mumbai

HDFC Bank Credit Analyst Salary

0 - 7 years exp. (30 salaries)

₹6.9 L/yr - ₹18.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Credit Analyst Salary 0 - 8 years exp. (115 salaries)	₹5.2 L/yr - ₹20.2 L/yr 1% more	2 job openings
ICICI Bank Credit Analyst Salary 0 - 6 years exp. (107 salaries)	₹5.2 L/yr - ₹20 L/yr 3% less
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Kotak Mahindra Bank Credit Analyst Salary 1 - 8 years exp. (61 salaries)	₹10.1 L/yr - ₹22 L/yr 9% more
IndusInd Bank Credit Analyst Salary 0 - 10 years exp. (57 salaries)	₹10 L/yr - ₹19 L/yr 3% less
IDFC FIRST Bank Credit Analyst Salary 0 - 5 years exp. (29 salaries)	₹3.9 L/yr - ₹14 L/yr 21% less
State Bank of India Credit Analyst Salary 3 - 13 years exp. (25 salaries)	₹10.3 L/yr - ₹30 L/yr 75% more
Yes Bank Credit Analyst Salary 1 - 6 years exp. (21 salaries)	₹2 L/yr - ₹11.3 L/yr 43% less
Federal Bank Credit Analyst Salary 1 - 8 years exp. (17 salaries)	₹9 L/yr - ₹19 L/yr 23% more
South Indian Bank Credit Analyst Salary 5 - 9 years exp. (11 salaries)	₹10.5 L/yr - ₹18.5 L/yr 19% more
IDBI Bank Credit Analyst Salary 6 - 16 years exp. (10 salaries)	₹17.3 L/yr - ₹28 L/yr 76% more
Utkarsh Small Finance Bank Credit Analyst Salary 1 - 10 years exp. (8 salaries)	₹4.5 L/yr - ₹17.3 L/yr 14% less
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RBL Bank Credit Analyst Salary 1 - 4 years exp. (6 salaries)	₹4.3 L/yr - ₹14.8 L/yr 11% less
Karur Vysya Bank Credit Analyst Salary 1 - 9 years exp. (6 salaries)	₹6 L/yr - ₹18 L/yr 10% less
Shinhan Bank Credit Analyst Salary 1 - 7 years exp. (5 salaries)	₹5 L/yr - ₹12.5 L/yr 24% less
First Abu Dhabi Bank Credit Analyst Salary 0 - 4 years exp. (5 salaries)	₹7 L/yr - ₹10.4 L/yr 20% less
Canara Bank Credit Analyst Salary 9 - 10 years exp. (3 salaries)	₹13 L/yr - ₹19.4 L/yr 46% more

Credit Analyst salary at HDFC Bank ranges between ₹6.9 Lakhs to ₹18.3 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 30 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Credit Analyst salaries in Mumbai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹7.6 L/yr - ₹21.4 L/yr
1 year (8 salaries)	₹6.1 L/yr - ₹18 L/yr
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2 years (6 salaries)	₹4.7 L/yr - ₹21 L/yr
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹16.5 L/yr
4 years (3 salaries)	₹10 L/yr - ₹18 L/yr
5 years (3 salaries)	₹4.5 L/yr - ₹20.3 L/yr
6 years (3 salaries)	₹6.2 L/yr - ₹20.1 L/yr
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹13 L/yr

View all

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₹4 L/yr - ₹15 L/yr

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Team Lead Salary

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₹1.15 L/yr - ₹9.18 L/yr

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₹2 L/yr - ₹6.27 L/yr

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Senior Analyst Salary

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₹3.9 L/yr - ₹13 L/yr

Research Analyst Salary

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₹5.75 L/yr - ₹13 L/yr

Top skills at HDFC Bank for Credit Analyst

Retail Assets Tableau Credit Cards R Problem Solving Analytical Portfolio Analysis Analytics Banking Retail Credit Credit Analysis

Salary related reviews for HDFC Bank

2.9

Rated by 7 employees for salary & benefits

Assistant Vice President in Mumbai

Full Time

Engineering - Software & QA Department

2.0

• posted on 04 Dec 2024

3.0

for Salary and Benefits

Likes

Only job security. Salary on time. Work life balance is depends on manager.

Skill development - Good

+1 more

Dislikes

Excessive work load, it ruin week end and late night so it hardly impact on work life balance. Poor management (Depends on vertical). Poisonous politics. Unpractical deadlines. At join they told its hybrid but after few months manager ruling to come everyday. Bad infrastructure, office and internet services.

Promotions - Poor

+3 more

Deputy Manager in Chennai

Full Time

Sales & Business Development Department

5.0

• posted on 04 Dec 2024

4.0

for Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

Salary - Good

+6 more

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

Deputy Manager in Bhopal

Full Time

Sales & Business Development Department

2.0

• posted on 09 Oct 2024

2.0

for Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

Salary - Poor

+5 more

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

Job security - Excellent

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

Skill development - Poor

+3 more

Deputy Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 May 2024

1.0

for Salary and Benefits

Likes

Other than job stability and company value there's no benefits at all

Job security - Excellent

Dislikes

...ng a leave when you are sick also feels like you have committed a serious crime. No hike even after working for almost 10 hrs a day for 4 years. Terrible process and sales pressure. Your mental health goes for a toss working here.

Salary - Bad

+5 more

see more salary related reviews

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What people are saying about HDFC Bank

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Can someone advice whether I should join HDFC Bank with almost Half CTC or Teleperformance (TP), a BPO with Double CTC? Job Role: Inbound Customer Support. Factors: WFH: TP ✅️ HDFC ❌️ Location: HDFC - New Delhi, TP - Noida Team Handling: HDFC - Individual role. TP - Team Leader Team Handling: HDFC ❌️ TP ✅️ Working Days: HDFC - 6. TP - 5 Customer Base: HDFC - Indian, TP - USA

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HDFC Bank

Teleperformance

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HDFC Bank Credit Analyst Salary FAQs

What is the salary of Credit Analyst at HDFC Bank in Mumbai?

The average salary of a Credit Analyst at HDFC Bank in Mumbai typically ranges from ₹6.9 Lakhs to ₹18.3 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Credit Analyst in Mumbai at HDFC Bank earn more than ₹18.3 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Credit Analyst Salaries at HDFC Bank 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 30+ HDFC Bank employees in India.

What is the estimated take home salary of a Credit Analyst at HDFC Bank in Mumbai?

The estimated take-home salary of a Credit Analyst at HDFC Bank in Mumbai typically ranges from ₹81,919 to ₹84,057 per month. This is based on the average salary range of ₹6.9 Lakhs to ₹18.3 Lakhs per year for employees with experience ranging from Fresher 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 30+ salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Analyst at HDFC Bank in Mumbai?

To be a Credit Analyst at HDFC Bank in Mumbai, the key skills required include:

- Retail Assets
- Tableau
- Credit Cards
- R
- Problem Solving

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Bank for Credit Analyst in India?

IDBI Bank	₹17.3 Lakhs to ₹28.0 Lakhs per year
State Bank of India	₹10.3 Lakhs to ₹30.0 Lakhs per year
Canara Bank	₹13.0 Lakhs to ₹19.4 Lakhs per year
Federal Bank	₹9.0 Lakhs to ₹19.0 Lakhs per year
South Indian Bank	₹10.5 Lakhs to ₹18.5 Lakhs per year

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

What is the salary of a Credit Analyst in companies similar to HDFC Bank in Mumbai?

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

Kotak Mahindra Bank	₹10.1 Lakhs to ₹22.0 Lakhs per year
Axis Bank	₹5.2 Lakhs to ₹20.2 Lakhs per year
ICICI Bank	₹5.2 Lakhs to ₹20.0 Lakhs per year
IndusInd Bank	₹10.0 Lakhs to ₹19.0 Lakhs per year
Karur Vysya Bank	₹6.0 Lakhs to ₹18.0 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 Analyst at HDFC Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹7.6 Lakhs to ₹21.4 Lakhs per year
1 year	₹6.1 Lakhs to ₹18.0 Lakhs per year
2 years	₹4.7 Lakhs to ₹21.0 Lakhs per year
3 years	₹9.0 Lakhs to ₹16.5 Lakhs per year

and so on.

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HDFC Bank Credit Analyst Salaries in Mumbai

HDFC Bank Credit Analyst salary in Mumbai ranges between ₹6.9 Lakhs to ₹18.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 HDFC Bank latest salaries received from various employees of HDFC Bank.