HDFC Sales Mumbai Credit Officer Salaries by 9 Employees

2 - 5 years exp.

₹1.7 Lakh - ₹4.5 Lakhs

Salary of majority employees

17% less than the average Credit Officer Salary in Financial Services Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 2 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹4.5 L/yr
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Finance & Accounting Credit Officer Salary 4 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.4 L/yr

Last Updated: 15 Mar 2023

Companies similar to HDFC Sales for Credit Officer in Mumbai

HDFC Sales Credit Officer Salary

2 - 5 years exp. (9 salaries)

₹1.7 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Citicorp Credit Officer Salary 2 - 9 years exp. (15 salaries)	₹11.4 L/yr - ₹28 L/yr 341% more
JPMorgan Chase & Co. Credit Officer Salary 4 - 7 years exp. (7 salaries)	₹27 L/yr - ₹45 L/yr 793% more	3 job openings
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Aditya Birla Capital Credit Officer Salary 5 - 6 years exp. (3 salaries)	₹3.1 L/yr - ₹5 L/yr 8% more
Shriram Group Credit Officer Salary 2 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 20% less
Edelweiss Credit Officer Salary 0 - 9 years exp. (62 salaries)	₹2 L/yr - ₹4.3 L/yr 5% less

Credit Officer salary at HDFC Sales ranges between ₹1.7 Lakh to ₹4.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 9 latest salaries received from various employees of HDFC Sales.

Experience wise HDFC Sales Credit Officer salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.6 L/yr
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4 years (4 salaries)	₹1.4 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.5 L/yr

Similar Designation salaries in HDFC Sales

Deputy Manager Salary

(66 salaries)

₹3 L/yr - ₹8.41 L/yr

Sales Officer Salary

(38 salaries)

₹2 L/yr - ₹3.6 L/yr

Senior Credit Officer Salary

(8 salaries)

₹3.25 L/yr - ₹5 L/yr

Officer Salary

(8 salaries)

₹2.8 L/yr - ₹5.05 L/yr

Top skills at HDFC Sales for Credit Officer

Home Loans mortgage Credit Assessment Disbursement Credit Appraisal Credit Underwriting Sales ICWA Inter Ratio Analysis Personal Loans Credit Credit Risk Analysis Sanction auto Credit Analysis

Salary related reviews for HDFC Sales

3.2

Rated by 3 employees for salary & benefits

Relationship Manager in Agra

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Its a great place to work with the perfect balance of work and personal life. Company culture is so different to the others is a positive way. Learning and development programmes are very good to improve your skills and knowledge to grow in this sector.

Skill development - Excellent

+4 more

Dislikes

salary and benefits are so low in this company and the promotions activity also not good.

Sales Officer in Eluru

Full Time

Sales & Business Development Department

3.0

• posted on 13 May 2024

1.0

for Salary and Benefits

Likes

Low work pressure comparing to other NBFCs, Salary on time

Company culture - Good

+1 more

Dislikes

BSA payouts very late, very low perks and benifits, company having only one computer to the entire branch. This company works for HDFC bank and bank employees don't respect the employees of hdfc sales company.

Salary - Bad

+2 more

Deputy Manager in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

- Timely salary - Incentives are very good

Skill development - Good

Dislikes

- They offer low salary - Unnecessary cross sell products - Management doesn't allow to work in your own style..they just force you to do how they want specially in kandivali branch

Job security - Bad

+3 more

Sales Officer in Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 29 Sep 2023

5.0

for Salary and Benefits

Likes

You'll get a great learning, great team to work with. Salary on time.

Salary - Excellent

+2 more

Dislikes

Daily stretching, extraordinary pressure, you won't have any rights to take break, you suppose to be with like a machine, can't even talk to your colleagues.

Promotions - Poor

+1 more

Sales Officer in Mumbai

Full Time

Other Department

5.0

• posted on 23 Jun 2023

5.0

for Salary and Benefits

Likes

Work culture is good. Salary is good. Got appraisal every year

Salary - Excellent

+5 more

Dislikes

People are not good. But that is everywhere. You need to work hard and fast if you want to get appreciated here so no in-between breaks here.

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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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HDFC Sales Credit Officer Salary FAQs

What is the salary of Credit Officer at HDFC Sales in Mumbai?

The average salary of a Credit Officer at HDFC Sales in Mumbai typically ranges from ₹1.7 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Credit Officer in Mumbai at HDFC Sales earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Credit Officer Salaries at HDFC Sales 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 9 HDFC Sales employees in India.

What is the estimated take home salary of a Credit Officer at HDFC Sales in Mumbai?

The estimated take-home salary of a Credit Officer at HDFC Sales in Mumbai typically ranges from ₹26,414 to ₹27,832 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 5 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 9 salaries received from various employees of HDFC Sales. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Officer at HDFC Sales in Mumbai?

To be a Credit Officer at HDFC Sales in Mumbai, the key skills required include:

- Home Loans
- mortgage
- Credit Assessment
- Disbursement
- Credit Appraisal

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

Which companies offer higher salaries than HDFC Sales for Credit Officer in India?

JPMorgan Chase & Co.	₹27.0 Lakhs to ₹45.0 Lakhs per year
Citicorp	₹11.4 Lakhs to ₹28.0 Lakhs per year
Aditya Birla Capital	₹3.1 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Credit Officer in companies similar to HDFC Sales in Mumbai?

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

Edelweiss	₹2.0 Lakhs to ₹4.3 Lakhs per year
Shriram Group	₹2.8 Lakhs to ₹3.0 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 Officer at HDFC Sales in Mumbai?

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

Experience	Average Salary Range
2 years	₹1.7 Lakhs to ₹3.4 Lakhs per year
3 years	₹3.2 Lakhs to ₹3.6 Lakhs per year
4 years	₹1.4 Lakhs to ₹4.5 Lakhs per year
5 years	₹2.6 Lakhs to ₹6.5 Lakhs per year

and so on.

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HDFC Sales Credit Officer Salaries in Mumbai

HDFC Sales Credit Officer salary in Mumbai ranges between ₹1.7 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 HDFC Sales latest salaries received from various employees of HDFC Sales.