HGS Credit Processing Associate Salaries by 4 Employees

1 - 6 years exp.

₹2.1 Lakhs - ₹2.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Credit Processing Associate Salary in BPO Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Processing Associate Salary 3 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹3.2 L/yr
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Risk Management & Compliance Credit Processing Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr

Last Updated: 10 Sep 2024

Companies similar to HGS for Credit Processing Associate

Company name	Avg Annual Salary	Open Jobs
Conneqt Business Solutions Credit Processing Associate Salary 0 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹2.3 L/yr 15% less
Kotak Mahindra Bank Credit Processing Associate Salary 0 - 4 years exp. (402 salaries)	₹1.5 L/yr - ₹4 L/yr 4% more
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ICICI Bank Credit Processing Associate Salary 0 - 5 years exp. (224 salaries)	₹1.2 L/yr - ₹3.2 L/yr 13% less
Yes Bank Credit Processing Associate Salary 1 - 6 years exp. (174 salaries)	₹1.6 L/yr - ₹5 L/yr 14% more
Axis Bank Credit Processing Associate Salary 0 - 5 years exp. (171 salaries)	₹1.2 L/yr - ₹3.6 L/yr 5% less

Credit Processing Associate salary at HGS ranges between ₹2.1 Lakhs to ₹2.9 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HGS.

Experience wise HGS Credit Processing Associate salaries

Last Updated: 10 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

View all

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Salary related reviews for HGS

4.0

Rated by 1 employees for salary & benefits

Senior Associate in Mumbai Suburban

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Nov 2023

1.0

for Salary and Benefits

Likes

Salary is on time

Dislikes

This payroll organization who just hired the employee fire the employee they dont have any policy which is benefit for the emplyee this organization control by other organization they dont have single power for their employee worst hr manisha they have

Salary - Bad

+6 more

Senior Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Apr 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Work satisfaction - Poor

Team Lead in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 08 Jun 2022

3.0

for Salary and Benefits

Likes

HGS is a best place to start career as a fresher. Company/my leaders gave me opportunities to learn the things and improve my skills and upgrade myself.

Skill development - Good

+4 more

Dislikes

Salary compensation is not fair as compared to the market.

Process Associate in Hyderabad / Secunderabad

Full Time

Health care Department

2.0

• posted on 30 Sep 2019

1.0

for Salary and Benefits

Likes

... and it’s an overall view all we have to learn our own when u actually work.There is lot of attrition as many of them leave the company very soon so due to less salary and more work ,they show very less respect towards personal life,we can work here for gaining experience.

Dislikes

No leaves. Salary must increase

Salary - Bad

+4 more

Senior Associate (working remotely)

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jun 2023

1.0

for Salary and Benefits

Likes

Nothing to say about like it's the salary is on time at all the time almost a 90% accurately given the last day of month.

Work satisfaction - Good

+1 more

Dislikes

Many more, no induction, no HR meet after onboarding, hike is not given on performance basis, no leaves data.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HGS Credit Processing Associate Salary FAQs

What is the salary of Credit Processing Associate at HGS ?

The average salary of a Credit Processing Associate at HGS in India typically ranges from ₹2.1 Lakhs to ₹2.9 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Processing Associate at HGS earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹2.9 Lakhs per year. Credit Processing Associate Salaries at HGS 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 4 HGS employees in India.

What is the estimated take home salary of a Credit Processing Associate at HGS in India?

The estimated take-home salary of a Credit Processing Associate at HGS in India typically ranges from ₹18,348 to ₹20,036 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹2.9 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 4 salaries received from various employees of HGS. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HGS for Credit Processing Associate in India?

Yes Bank	₹1.6 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindra Bank	₹1.5 Lakhs to ₹4.0 Lakhs per year

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

What is the salary of a Credit Processing Associate in companies similar to HGS in India?

The salary of a Credit Processing Associate at companies similar to HGS in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹1.2 Lakhs to ₹3.6 Lakhs per year
ICICI Bank	₹1.2 Lakhs to ₹3.2 Lakhs per year
Conneqt Business Solutions	₹1.6 Lakhs to ₹2.3 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 Processing Associate at HGS in India?

The salary growth for a Credit Processing Associate at HGS depends on factors such as experience, performance, and promotions. On average, a Credit Processing Associate can expect the following growth trajectory at HGS:

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹2.6 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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HGS Credit Processing Associate Salaries

HGS Credit Processing Associate salary in India ranges between ₹2.1 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HGS latest salaries received from various employees of HGS.