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HSBC Group Credit Officer salaries in India (Updated 2025)

Annual salary range
3 - 10 years exp.
₹3.5 Lakhs - ₹10 Lakhs
Salary of majority employees
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83% more than the average Credit Officer Salary in Financial Services Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Officer Salary
4 - 9 years exp. (6 salaries)
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₹4.9 L/yr - ₹8.1 L/yr

Customer Success, Service & Operations
Credit Officer Salary
3 - 10 years exp. (4 salaries)
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₹5.1 L/yr - ₹6.7 L/yr

Finance & Accounting
Credit Officer Salary
5 - 10 years exp. (3 salaries)
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₹3.5 L/yr - ₹7.5 L/yr

Last Updated: 25 Feb 2025

Companies similar to HSBC Group for Credit Officer

Company name Avg Annual Salary Open Jobs
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HDFC Sales Credit Officer Salary

1 - 9 years exp. (207 salaries)

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₹1.6 L/yr - ₹5.2 L/yr

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₹1.6 L/yr - ₹3.9 L/yr

arrow icon 57% less
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Citicorp Credit Officer Salary

1 - 9 years exp. (50 salaries)

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₹9.5 L/yr - ₹25.2 L/yr

arrow icon 111% more
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Aditya Birla Capital Credit Officer Salary

1 - 6 years exp. (47 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 42% less
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₹1.9 L/yr - ₹4 L/yr

arrow icon 57% less
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Muthoot Pappachan Group Credit Officer Salary

0 - 5 years exp. (19 salaries)

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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 68% less
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JPMorgan Chase & Co. Credit Officer Salary

0 - 7 years exp. (13 salaries)

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₹11.3 L/yr - ₹40.5 L/yr

arrow icon 280% more
4 job openings
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RBL FinServe Credit Officer Salary

1 - 6 years exp. (13 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 58% less
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The Muthoot Group Credit Officer Salary

1 - 5 years exp. (9 salaries)

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₹1.8 L/yr - ₹2.8 L/yr

arrow icon 65% less
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IDFC FIRST Bharat Credit Officer Salary

1 - 6 years exp. (5 salaries)

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₹1.7 L/yr - ₹3.7 L/yr

arrow icon 62% less
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Wells Fargo Credit Officer Salary

2 - 8 years exp. (4 salaries)

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₹12 L/yr - ₹28.6 L/yr

arrow icon 162% more
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M Power Micro Finance Credit Officer Salary

0 - 4 years exp. (3 salaries)

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₹1.2 L/yr - ₹3.4 L/yr

arrow icon 66% less
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UBS Credit Officer Salary

1 - 5 years exp. (3 salaries)

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₹2.1 L/yr - ₹7 L/yr

arrow icon 48% less
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Digamber Finance Credit Officer Salary

1 - 5 years exp. (3 salaries)

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₹1.8 L/yr - ₹3.7 L/yr

arrow icon 61% less
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BNP Paribas Credit Officer Salary

9 - 10 years exp. (3 salaries)

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₹12.7 L/yr - ₹37 L/yr

arrow icon 212% more
Credit Officer salary at HSBC Group ranges between ₹3.5 Lakhs to ₹10 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 19 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Credit Officer

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Experience wise HSBC Group Credit Officer salaries

Last Updated: 25 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹12.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
View all

Similar Designation salaries in HSBC Group

Credit Manager Salary
(24 salaries)
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₹4.6 L/yr - ₹17.55 L/yr
Sales Officer Salary
(3 salaries)
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₹2.2 L/yr - ₹4.18 L/yr
Credit Analyst Salary
(88 salaries)
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₹6.06 L/yr - ₹21 L/yr
Officer Salary
(14 salaries)
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₹1.05 L/yr - ₹5 L/yr
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₹2.25 L/yr - ₹8.8 L/yr
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₹2.5 L/yr - ₹4.37 L/yr
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.7 L/yr
Branch Manager Salary
(5 salaries)
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₹10.5 L/yr - ₹15.42 L/yr
Deputy Manager Salary
(14 salaries)
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₹6 L/yr - ₹10.51 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.1 L/yr

Salary related reviews for HSBC Group

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

read more
  • Skill development - Good
  • +5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 26 Apr 2023

3.0
 for  Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

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  • Skill development - Good
  • +5 more

Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

read more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 11 Apr 2023

3.0
 for  Salary and Benefits

Likes

Great learning opportunities at work. Good job satisfaction and opportunity to explore a lot of models for development and validation

read more
  • Skill development - Good
  • +3 more

Dislikes

Poor hikes and appraisals. Pay not matched up to the market standards

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 01 Feb 2023

1.0
 for  Salary and Benefits

Likes

Just flexible hours nothing else. They sell themselves claiming that they have good work culture. It might be good at the organisational level, but not at our level. Work culture depends on the managers more than the organisation. And if by chance you don’t get a good manager then you’ll be in a mess. Even if the entire team goes and escalates to the senior management about the manager, no action will be taken against the manager in CAU instead you’ll be shifted to another team. But who knows what will happen after that. Won’t recommend anyone to join.

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  • Job security - Excellent

Dislikes

They are willing to pay freshers but don’t value existing employees at all. They are of the opinion that they can pay more to the new joiner but no point of paying more to the existing employees.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 20 Apr 2022

2.0
 for  Salary and Benefits

Likes

The company provides lots of avenues for training . Colleagues respect /support each other in work with good work life balance

read more
  • Skill development - Good
  • +2 more

Dislikes

1. Compensation and benefits 2. Complex org structure 3. Could be more dynamic

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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HSBC Group Credit Officer Salary FAQs

What is the salary of Credit Officer at HSBC Group ?
The average salary of a Credit Officer at HSBC Group in India typically ranges from ₹3.5 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Credit Officer at HSBC Group earn more than ₹8.2 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Credit Officer Salaries at HSBC Group 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 10+ HSBC Group employees in India.
What is the estimated take home salary of a Credit Officer at HSBC Group in India?
The estimated take-home salary of a Credit Officer at HSBC Group in India typically ranges from ₹50,862 to ₹52,062 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 3 years to 10 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 10+ salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HSBC Group for Credit Officer in India?
JPMorgan Chase & Co. ₹11.3 Lakhs to ₹40.5 Lakhs per year
BNP Paribas ₹12.7 Lakhs to ₹37.0 Lakhs per year
Wells Fargo ₹12.0 Lakhs to ₹28.6 Lakhs per year
Citicorp ₹9.5 Lakhs to ₹25.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Group, depending on the role and experience level.
What is the salary of a Credit Officer in companies similar to HSBC Group in India?
The salary of a Credit Officer at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Capital ₹2.0 Lakhs to ₹5.5 Lakhs per year
HDFC Sales ₹1.6 Lakhs to ₹5.2 Lakhs per year
UBS ₹2.1 Lakhs to ₹7.0 Lakhs per year
Capri Global Housing Finance ₹1.9 Lakhs to ₹4.0 Lakhs per year
Cholamandalam Investment & Finance ₹1.6 Lakhs to ₹3.9 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 HSBC Group in India?
The salary growth for a Credit Officer at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
3 years ₹6.7 Lakhs to ₹12.8 Lakhs per year
4 years ₹2.8 Lakhs to ₹8.1 Lakhs per year
5 years ₹6.5 Lakhs to ₹8.1 Lakhs per year
6 years ₹4.8 Lakhs to ₹7.5 Lakhs per year
and so on.

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HSBC Group Credit Officer salary in India ranges between ₹3.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 HSBC Group latest salaries received from various employees of HSBC Group.