Hero FinCorp Mumbai Credit Analyst Salaries by 8 Employees (Updated 2025)

2 - 7 years exp.

₹4.2 Lakhs - ₹5.6 Lakhs

Salary of majority employees

49% less than the average Credit Analyst Salary in NBFC Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Analyst Salary 3 - 5 years exp. (4 salaries)	₹4.6 L/yr - ₹5.6 L/yr
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Finance & Accounting Credit Analyst Salary 2 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹5 L/yr

Last Updated: 16 Feb 2025

Companies similar to Hero FinCorp for Credit Analyst in Mumbai

Hero FinCorp Credit Analyst Salary

2 - 7 years exp. (8 salaries)

₹4.2 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Prime Credit Analyst Salary 2 - 7 years exp. (7 salaries)	₹2.8 L/yr - ₹7.8 L/yr 23% less
Crisil Credit Analyst Salary 1 - 6 years exp. (138 salaries)	₹6.2 L/yr - ₹16 L/yr 131% more	6 job openings
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Axis Bank Credit Analyst Salary 0 - 8 years exp. (115 salaries)	₹5.2 L/yr - ₹20.2 L/yr 132% more	2 job openings
ICICI Bank Credit Analyst Salary 0 - 6 years exp. (107 salaries)	₹5.2 L/yr - ₹20 L/yr 124% more
Citicorp Credit Analyst Salary 0 - 8 years exp. (76 salaries)	₹8.5 L/yr - ₹30.7 L/yr 292% more

Credit Analyst salary at Hero FinCorp ranges between ₹4.2 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 8 latest salaries received from various employees of Hero FinCorp.

Experience wise Hero FinCorp Credit Analyst salaries in Mumbai

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.2 L/yr
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.2 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.5 L/yr

View all

Similar Designation salaries in Hero FinCorp

Senior Associate Salary

(5 salaries)

₹14 L/yr - ₹37.5 L/yr

Top skills at Hero FinCorp for Credit Analyst

Credit Financial Modelling CFA Credit Underwriting Lap Mortgage Loans Structured Finance Credit Risk Analysis Lending Securitization Banking FRM Credit Analysis

Salary related reviews for Hero FinCorp

3.0

Rated by 1 employees for salary & benefits

Credit Analyst in Mohan Estate - Delhi

Full Time

Other Department

1.0

• posted on 28 May 2023

5.0

for Salary and Benefits

Likes

Overall salary structure and Benefits are Good.

Salary - Excellent

Dislikes

A person named Gorender Singh Panghal (UBL- Lead) is playing very bad politics with his own analyst team. Also he is not able to do any good thing for his team. He is just making excuses instead of efforts... Also UBL ACM Shivani Kathuriya is very bad personality.... She even don't know that how to prepare the CAM and how to recommend the same.... She don't have any knowledge....

Skill development - Bad

+4 more

Finance Executive

two wheeler loan Department

4.0

• posted on 22 Aug 2019

2.0

for Salary and Benefits

Likes

... to in hero fincorp in last 3 years as a two wheeler finalce loan department . but in this company salary is geiven is very low acording to same feild other company .

Skill development - Good

+1 more

Dislikes

salary is not good in this company ,

Salary - Poor

+1 more

Lead in Gurgaon / Gurugram

Full Time

Other Department

2.0

• posted on 10 Aug 2024

3.0

for Salary and Benefits

Likes

...balance is average, not that great but at par with a mature Indian organization. The pay scale is above average as compared to banking organization. If one doesn't provide inputs and do as is told, can increase chances of raise and 100% bonus, even if work is not upto the mark.

Dislikes

Culture is pathetic. There is still traditional thinking of supreme authority and 'I know it all' attitude. One a few members of the management call the shots for whole company and rest management members are mere spectators. Personal grudges between management leads to lot of resources, money and effort wastage. It would be years before the

Skill development - Bad

+4 more

Associate in New Delhi

Full Time

Engineering - Software & QA Department

4.0

• posted on 01 Jan 2025

4.0

for Salary and Benefits

Likes

Flexible Hours. I can work from home. Salary within a month even if last day is holiday. No micro management. Easy leave approval. Friendly environment.

Salary - Good

+3 more

Dislikes

Deadline are so much short for every project. BAs are so slow in gathering requirement. We need good BAs in org. 🥲

Collections Executive in Gonda

Full Time

Other Department

4.0

• posted on 04 Sep 2023

5.0

for Salary and Benefits

Likes

The payouts for in this company are good. Regarding salary and incentive. There is no better company than this in two-wheeler sector. And the company is very good. Hero is Hero

Salary - Excellent

+4 more

Dislikes

There is no Progress in this Company. No matter how well you do your work, you will Not Change .You Can't Climb heights in this Company..In this company you are an Offroll Employee. In this Company , This cases which you once had in the Collection,do not remain with you but go to someone else. And the Case's on which you will do good work, those cases are sent by changing the allocation to others..!!

Promotions - Poor

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a manager - business analyst

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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Hero FinCorp Credit Analyst Salary FAQs

What is the salary of Credit Analyst at Hero FinCorp in Mumbai?

The average salary of a Credit Analyst at Hero FinCorp in Mumbai typically ranges from ₹4.2 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Credit Analyst in Mumbai at Hero FinCorp earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Credit Analyst Salaries at Hero FinCorp 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 8 Hero FinCorp employees in India.

What is the estimated take home salary of a Credit Analyst at Hero FinCorp in Mumbai?

The estimated take-home salary of a Credit Analyst at Hero FinCorp in Mumbai typically ranges from ₹37,458 to ₹38,661 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 2 years 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 8 salaries received from various employees of Hero FinCorp. 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 Hero FinCorp in Mumbai?

To be a Credit Analyst at Hero FinCorp in Mumbai, the key skills required include:

- Credit
- Financial Modelling
- CFA
- Credit Underwriting
- Lap

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

Which companies offer higher salaries than Hero FinCorp for Credit Analyst in India?

Citicorp	₹8.5 Lakhs to ₹30.7 Lakhs per year
Axis Bank	₹5.2 Lakhs to ₹20.2 Lakhs per year
Crisil	₹6.2 Lakhs to ₹16.0 Lakhs per year
ICICI Bank	₹5.2 Lakhs to ₹20.0 Lakhs per year

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

What is the salary of a Credit Analyst in companies similar to Hero FinCorp in Mumbai?

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

Kotak Mahindra Prime

₹2.8 Lakhs to ₹7.8 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 Hero FinCorp in Mumbai?

The salary growth for a Credit Analyst at Hero FinCorp 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 Hero FinCorp:

Experience	Average Salary Range
2 years	₹4.2 Lakhs to ₹8.2 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.0 Lakhs per year
4 years	₹1.9 Lakhs to ₹5.0 Lakhs per year
5 years	₹2.0 Lakhs to ₹5.6 Lakhs per year

and so on.

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Hero FinCorp Credit Analyst Salaries in Mumbai

Hero FinCorp Credit Analyst salary in Mumbai ranges between ₹4.2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Hero FinCorp latest salaries received from various employees of Hero FinCorp.