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ICICI Bank Credit Analyst salaries in Mumbai (Updated 2025)

Annual salary range
0 - 6 years exp.
₹5.2 Lakhs - ₹20 Lakhs
Salary of majority employees
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Fixed (85%)
₹9.5 Lakhs
Variable (15%)
₹1.7 Lakh
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14% more than the average Credit Analyst Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Credit Analyst Salary
0 - 5 years exp. (38 salaries)
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₹6 L/yr - ₹17.7 L/yr

BFSI, Investments & Trading
Credit Analyst Salary
0 - 6 years exp. (31 salaries)
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₹5.8 L/yr - ₹19.8 L/yr

Risk Management & Compliance
Credit Analyst Salary
0 - 6 years exp. (10 salaries)
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₹9.1 L/yr - ₹15.7 L/yr

Last Updated: 19 Mar 2025

Companies similar to ICICI Bank for Credit Analyst in Mumbai

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ICICI Bank Credit Analyst Salary

0 - 6 years exp. (107 salaries)

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₹5.2 L/yr - ₹20 L/yr

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Company name Avg Annual Salary Open Jobs
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Axis Bank Credit Analyst Salary

0 - 8 years exp. (115 salaries)

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₹5.2 L/yr - ₹20.2 L/yr

arrow icon 3% more
2 job openings
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Kotak Mahindra Bank Credit Analyst Salary

1 - 8 years exp. (61 salaries)

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₹10.1 L/yr - ₹22 L/yr

arrow icon 12% more
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IndusInd Bank Credit Analyst Salary

0 - 10 years exp. (57 salaries)

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₹10 L/yr - ₹19 L/yr

arrow icon 1% less
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HDFC Bank Credit Analyst Salary

0 - 7 years exp. (30 salaries)

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₹6.9 L/yr - ₹18.3 L/yr

arrow icon 3% more
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Standard Chartered Credit Analyst Salary

1 - 8 years exp. (30 salaries)

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₹9.2 L/yr - ₹25 L/yr

arrow icon 33% more
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IDFC FIRST Bank Credit Analyst Salary

0 - 5 years exp. (29 salaries)

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₹3.9 L/yr - ₹14 L/yr

arrow icon 18% less
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State Bank of India Credit Analyst Salary

3 - 13 years exp. (25 salaries)

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₹10.3 L/yr - ₹30 L/yr

arrow icon 79% more
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Yes Bank Credit Analyst Salary

1 - 6 years exp. (21 salaries)

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₹2 L/yr - ₹11.3 L/yr

arrow icon 42% less
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Bank of Baroda Credit Analyst Salary

0 - 9 years exp. (15 salaries)

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₹12 L/yr - ₹22.5 L/yr

arrow icon 29% more
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Deutsche Bank Credit Analyst Salary

0 - 10 years exp. (13 salaries)

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₹8.2 L/yr - ₹20.9 L/yr

arrow icon 10% more
1 job opening
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NatWest Group Credit Analyst Salary

1 - 6 years exp. (11 salaries)

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₹10.3 L/yr - ₹16.5 L/yr

arrow icon 11% more
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Barclays Credit Analyst Salary

1 - 10 years exp. (10 salaries)

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₹8 L/yr - ₹26 L/yr

arrow icon 34% more
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DBS Bank Credit Analyst Salary

2 - 10 years exp. (10 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 6% more
1 job opening
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₹4.5 L/yr - ₹17.3 L/yr

arrow icon 11% less
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RBL Bank Credit Analyst Salary

1 - 4 years exp. (6 salaries)

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₹4.3 L/yr - ₹14.8 L/yr

arrow icon 8% less
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Shinhan Bank Credit Analyst Salary

1 - 7 years exp. (5 salaries)

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₹5 L/yr - ₹12.5 L/yr

arrow icon 22% less
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Canara Bank Credit Analyst Salary

9 - 10 years exp. (3 salaries)

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₹13 L/yr - ₹19.4 L/yr

arrow icon 50% more
Credit Analyst salary at ICICI Bank ranges between ₹5.2 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 107 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Credit Analyst in Mumbai

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Experience wise ICICI Bank Credit Analyst salaries in Mumbai

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
Fresher  (12 salaries)

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₹6.3 L/yr - ₹16.1 L/yr
1 year  (25 salaries)

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₹4.8 L/yr - ₹14.4 L/yr
2 years  (24 salaries)

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₹4.8 L/yr - ₹16.9 L/yr
3 years  (21 salaries)

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₹4.5 L/yr - ₹17 L/yr
4 years  (13 salaries)

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₹7 L/yr - ₹17.7 L/yr
View all
ICICI Bank Credit Analyst Salary and Career Growth

From

To

Credit Analyst

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0 - 6 years exp.

Area Head Credit

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5 - 11 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(3.6k salaries)
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₹2 L/yr - ₹10.55 L/yr
Credit Manager Salary
(558 salaries)
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₹4 L/yr - ₹17.41 L/yr
Team Lead Salary
(154 salaries)
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₹1 L/yr - ₹7.07 L/yr
Business Analyst Salary
(153 salaries)
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₹4 L/yr - ₹16.72 L/yr
Analyst Salary
(32 salaries)
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₹14.64 L/yr - ₹18.1 L/yr
Accountant Salary
(10 salaries)
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₹1.4 L/yr - ₹6.3 L/yr
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₹8.02 L/yr - ₹18 L/yr
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₹9 L/yr - ₹18 L/yr
Senior Analyst Salary
(3 salaries)
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₹1.75 L/yr - ₹7.34 L/yr

Top skills at ICICI Bank for Credit Analyst

Credit Analysis SME term loan Project Finance Credit Appraisal Financial Analysis Working Capital Credit Risk Taxation Banking Middle Management MIS Credit Policy Credit Management Credit Rating

Salary related reviews for ICICI Bank

2.4

Rated by 7 employees for salary & benefits

Full Time

 · 

IT & Information Security Department

4.0
  •  posted on 01 Feb 2025

3.0
 for  Salary and Benefits

Likes

Job Security

  • Job security - Good

Dislikes

I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

....Work life balance is good for me as we don't have too much pressure and stress. Salary and other benefits are also good. There is no appraisal system, therefore no leg pulling or working in silos is there which is very important for big organisation especially established banks. This very boon also have some cons like there are fixed increament at annual level which are close to 9% at mid management level and 4-5% at leadership levels. Additionally, the promotion happens in every 3 yrs(which is fixed based on your work experience and education level) till you reach leadership level and with each promotion you get salary hike of around 25% and from CM1 level you start to get Esops as well. Furthermore, there are fixed working hours from 9:15-5:15 for me and strictly no work from home policy. You have to be present physically everyday at ofc. Overall company culture is good like other corporates. In branch level things and experience might defer. Overall in my opinion better than other indian banks.

read more
  • Salary - Good
  • +4 more

Dislikes

Work from office for 6 days policy, with alternate Saturday's off. Others, You can read it in like section only, mentioned there

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 02 Nov 2024

5.0
 for  Salary and Benefits

Likes

Appraisal is fixed in every 3 year, salary increment is fixed, good bonus, good HR policy

read more
  • Salary - Excellent
  • +3 more

Dislikes

You will have to do multiple work at a time, office time is very strict for coming but not for going. You will be threatened multiple times for sending back you to HR, or getting warning mails and memos which make the job security very low for the organisation No work life balance good if you are bachler or not married

read more
  • Work-life balance - Bad

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 27 Oct 2024

3.0
 for  Salary and Benefits

Likes

Work life balance is there if you are a Virtual RM. Salary is below average as compared to posh cities where cost of living is high like Bangalore. HR policies is good. Fresher should take a chance to learn and embibe in the field. Coming to promotion it is by default your years of experience and expertise in the domain.

read more
  • Job security - Good
  • +3 more

Dislikes

CTC Complexities Internal department change is not easy

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 28 Jun 2024

4.0
 for  Salary and Benefits

Likes

The overall salary structure. Centralized appraisals.

  • Salary - Good
  • +1 more

Dislikes

Thank God for centralized appraisals, otherwise one wouldn't get a dime! The company culture is deteriorating with every passing minute. You won't get to learn new things unless the hierarchy sees their own benefit in it. Favourism and partiality goes hand in hand and at a peak level.

read more
  • Skill development - Poor
  • +3 more
see more salary related reviews

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ICICI Bank Credit Analyst Salary FAQs

What is the salary of Credit Analyst at ICICI Bank in Mumbai?
The average salary of a Credit Analyst at ICICI Bank in Mumbai typically ranges from ₹5.2 Lakhs to ₹20.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Credit Analyst in Mumbai at ICICI Bank earn more than ₹15.9 Lakhs per year, and the top 1% earn over ₹20.4 Lakhs per year. Credit Analyst Salaries at ICICI 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 100+ ICICI Bank employees in India.
What is the estimated take home salary of a Credit Analyst at ICICI Bank in Mumbai?
The estimated take-home salary of a Credit Analyst at ICICI Bank in Mumbai typically ranges from ₹79,974 to ₹82,056 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from Fresher 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 100+ salaries received from various employees of ICICI 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 ICICI Bank in Mumbai?
To be a Credit Analyst at ICICI Bank in Mumbai, the key skills required include:

  • - Credit Analysis
  • - SME
  • - term loan
  • - Project Finance
  • - Credit Appraisal

These skills are highly valued at ICICI Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICICI Bank for Credit Analyst in India?
State Bank of India ₹10.3 Lakhs to ₹30.0 Lakhs per year
Canara Bank ₹13.0 Lakhs to ₹19.4 Lakhs per year
Barclays ₹8.0 Lakhs to ₹26.0 Lakhs per year
Standard Chartered ₹9.2 Lakhs to ₹25.0 Lakhs per year
Bank of Baroda ₹12.0 Lakhs to ₹22.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Bank, depending on the role and experience level.
What is the salary of a Credit Analyst in companies similar to ICICI Bank in Mumbai?
The salary of a Credit Analyst at companies similar to ICICI 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
NatWest Group ₹10.3 Lakhs to ₹16.5 Lakhs per year
Deutsche Bank ₹8.2 Lakhs to ₹20.9 Lakhs per year
DBS Bank ₹6.0 Lakhs to ₹19.0 Lakhs per year
Axis Bank ₹5.2 Lakhs to ₹20.2 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 ICICI Bank in Mumbai?
The salary growth for a Credit Analyst at ICICI 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 ICICI Bank:

Experience Average Salary Range
Fresher ₹6.3 Lakhs to ₹16.1 Lakhs per year
1 year ₹4.8 Lakhs to ₹14.4 Lakhs per year
2 years ₹4.8 Lakhs to ₹16.9 Lakhs per year
3 years ₹4.5 Lakhs to ₹17.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Credit Analyst salary in Mumbai ranges between ₹5.2 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 107 ICICI Bank latest salaries received from various employees of ICICI Bank.