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ICRA Credit Analyst salaries in Mumbai

Annual salary range
1 - 4 years exp.
₹8 Lakhs - ₹15 Lakhs
Salary of majority employees
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42% more than the average Credit Analyst Salary in Financial Services Companies for 1 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Credit Analyst Salary
1 - 4 years exp. (6 salaries)
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₹8 L/yr - ₹15 L/yr

BFSI, Investments & Trading
Credit Analyst Salary
1 - 2 years exp. (3 salaries)
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₹12 L/yr - ₹15.5 L/yr

Last Updated: 18 Aug 2023

Companies similar to ICRA for Credit Analyst in Mumbai

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ICRA Credit Analyst Salary

1 - 4 years exp. (10 salaries)

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₹8 L/yr - ₹15 L/yr

vs
Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Credit Analyst Salary

1 - 5 years exp. (43 salaries)

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₹12 L/yr - ₹30.7 L/yr

arrow icon 22% more
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Crisil Credit Analyst Salary

1 - 5 years exp. (138 salaries)

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₹6.2 L/yr - ₹16 L/yr

arrow icon 18% less
6 job openings
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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 18% less
2 job openings
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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

arrow icon 21% less
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Citicorp Credit Analyst Salary

0 - 8 years exp. (76 salaries)

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₹8.5 L/yr - ₹30.7 L/yr

arrow icon 31% more
Credit Analyst salary at ICRA ranges between ₹8 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 10 latest salaries received from various employees of ICRA.

Latest annual salaries shared by ICRA Credit Analyst in Mumbai

1y ago
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4 years exp.

Experience wise ICRA Credit Analyst salaries in Mumbai

Last Updated: 18 Aug 2023

Experience Avg Annual Salary
1 year  (3 salaries)

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₹8 L/yr - ₹25.1 L/yr
2 years  (4 salaries)

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₹11.2 L/yr - ₹25.2 L/yr
3 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)

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₹11 L/yr - ₹15 L/yr
ICRA Credit Analyst Salary and Career Growth

From

To

Credit Analyst

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1 - 5 years exp.

Vice President

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10 - 16 years exp.

Credit Analyst

1 - 5 years exp.
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Senior Analyst

3 - 9 years exp.
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arrow icon 56% hike

Assistant Vice President

8 - 15 years exp.
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arrow icon 75% hike
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 ICRA

Senior Analyst Salary
(48 salaries)
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₹12 L/yr - ₹31.2 L/yr
Analyst Salary
(37 salaries)
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₹7.15 L/yr - ₹18.95 L/yr
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₹4.5 L/yr - ₹11.66 L/yr
Deputy Manager Salary
(6 salaries)
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₹6 L/yr - ₹11 L/yr
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₹15.5 L/yr - ₹30 L/yr

Top skills at ICRA for Credit Analyst

Credit Risk Credit Rating Credit Analysis Banking Corporate Banking Credit Research Credit Analysis Financial Analysis Credit Risk Credit Rating Credit Policy Credit Appraisal Credit Research Risk Management Credit Operations

Salary related reviews for ICRA

Finance & Accounting Department

2.0
  •  posted on 18 Oct 2020

2.0
 for  Salary and Benefits

Likes

Fact that they are not insisting to come to office is a good move and arrangements for work from home remain satisfactory.

read more

Dislikes

The company for the first time in recent history has reduced the variable pay considerably even though the performance during the previous year was not that bad. Seemed to be a motivated move to reduce the CTC of all the employees although some top management guys continued to get special bonus and retention bonuses..! The politics at the middle level management continues to haunt them leading to lower growth opportunities for the hard working lot..!

read more
  • Salary - Poor
  • +5 more

Business Development Department

4.0
  •  posted on 19 Jun 2019

4.0
 for  Salary and Benefits

Likes

Teammates are good, encouraging manner, helping in work. Training was not adequate. Job security can't assured. Salary & benefits are reasonable. Growth opportunities are less. In appraisal process, they are doing politics. Learning is less. Work environment quiet monotonous. Work life balance is very good, as 5 day work culture. No work after 6PM

read more
  • Salary - Good
  • +3 more

Dislikes

In recruitment itself, depending upon candidate's background and education institution they fix salary and position. it's not fair. Carreer growth opportunities are limited. In appraisal, they are showing partiallity. Work is too monotonous. Complex product to sell. No good reputation in market. No support from Manager in job.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

1.0
  •  posted on 21 Nov 2023

3.0
 for  Salary and Benefits

Likes

Salary on time. Reimbursement on time.

  • Work-life balance - Good

Dislikes

Internal politics, Nepotism, partiality and the HR dept is terrible. No one will ever give you any answer/solution. They are good for nothing. Every month people change, you even don't know who to contact. Seniors wont help you achieve your targets nor they are willing to travel for meetings. Unwanted team calls. Whenever your manager is free or not in any mood for meeting, he/she will schedule Virtual team calls.

read more
  • Job security - Poor
  • +3 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 05 Jun 2023

1.0
 for  Salary and Benefits

Likes

Good learning, but after sometime you do the same repetitive tasks tho

  • Skill development - Good
  • +1 more

Dislikes

Salary below market standards No employee engagement programs No motivation for employees Most of the employees just wait for next appraisal cycle so that they can leave after

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 10 Jun 2022

3.0
 for  Salary and Benefits

Likes

This company has excellent culture and job security. Everyone is very polite and humble and the pay is as per industry average but there is very less perks and other benefits.

read more
  • Skill development - Good
  • +5 more

Dislikes

... as such to dislike but only thing I can say is to give some perks to employees. Like for transport and foods they deduct from your salary.

read more
see more salary related reviews

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ICRA Credit Analyst Salary FAQs

What is the salary of Credit Analyst at ICRA in Mumbai?
The average salary of a Credit Analyst at ICRA in Mumbai typically ranges from ₹8.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Credit Analyst in Mumbai at ICRA earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Credit Analyst Salaries at ICRA 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 ICRA employees in India.
What is the estimated take home salary of a Credit Analyst at ICRA in Mumbai?
The estimated take-home salary of a Credit Analyst at ICRA in Mumbai typically ranges from ₹98,353 to ₹1,01,021 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 1 year to 4 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 ICRA. 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 ICRA in Mumbai?
To be a Credit Analyst at ICRA in Mumbai, the key skills required include:

  • - Credit Risk
  • - Credit Rating
  • - Credit Analysis
  • - Banking
  • - Corporate Banking

These skills are highly valued at ICRA and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ICRA for Credit Analyst in India?
Citicorp ₹8.5 Lakhs to ₹30.7 Lakhs per year
JPMorgan Chase & Co. ₹12.0 Lakhs to ₹30.7 Lakhs per year

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

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, 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 ICRA in Mumbai?
The salary growth for a Credit Analyst at ICRA 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 ICRA:

Experience Average Salary Range
1 year ₹8.0 Lakhs to ₹25.1 Lakhs per year
2 years ₹11.2 Lakhs to ₹25.2 Lakhs per year
3 years ₹5.6 Lakhs to ₹15.0 Lakhs per year
4 years ₹11.0 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICRA Credit Analyst salary in Mumbai ranges between ₹8 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 ICRA latest salaries received from various employees of ICRA.