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IDBI Bank Credit Processing Associate salaries in Mumbai

Annual salary range
4 - 7 years exp.
₹2.1 Lakhs - ₹3.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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6% less than the average Credit Processing Associate Salary in Banking Companies for 4 - 7 years of experience

Interested in this particular role?

Last Updated: 15 Feb 2024

Companies similar to IDBI Bank for Credit Processing Associate in Mumbai

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IDBI Bank Credit Processing Associate Salary

4 - 7 years exp. (6 salaries)

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₹2.1 L/yr - ₹3.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Yes Bank Credit Processing Associate Salary

1 - 6 years exp. (25 salaries)

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₹2 L/yr - ₹3.8 L/yr

arrow icon 26% more
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₹3.2 L/yr - ₹4 L/yr

arrow icon 33% more
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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 32% more
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₹1.5 L/yr - ₹4 L/yr

arrow icon 5% more
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₹1.7 L/yr - ₹4 L/yr

arrow icon 8% more
Credit Processing Associate salary at IDBI Bank ranges between ₹2.1 Lakhs to ₹3.3 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Credit Processing Associate in Mumbai

1y ago
₹2.1 Lakhs
4 years exp.

Experience wise IDBI Bank Credit Processing Associate salaries in Mumbai

Last Updated: 15 Feb 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.9 L/yr
7 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in IDBI Bank

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₹11.46 L/yr - ₹22 L/yr

Salary related reviews for IDBI Bank

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 20 Apr 2022

3.0
 for  Salary and Benefits

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

read more
  • Company culture - Good

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.

read more
  • Work-life balance - Poor

Finance & Accounting Department

3.0
  •  posted on 12 Sep 2018

2.0
 for  Salary and Benefits

Likes

...t. Even the office assistant also can refer employee, this is the truth of IDBI. Vp, AVP 's son / daughters are joining with big salary without experience even sometime without completing their degree course. Being in head office Mumbai branch I found those things with proves. This is the fact. So...all average.

read more
  • Job security - Excellent

Dislikes

Job security is there. But apprisal always depend on how much suger you can mix with you all words on your boss. Oil also work. Growth means promotion after achieving target also depends on boss's mercy.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 19 Jan 2025

2.0
 for  Salary and Benefits

Likes

Salary, however little, gets credited on time. There is literally nothing to write.

read more
  • Job security - Good

Dislikes

Work culture. Needs to work on weekends Extended work hours . No increment. No appreciation for work. Super difficult to get leaves. No flexibility in work hours or days.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 21 Nov 2024

4.0
 for  Salary and Benefits

Likes

They offer good salary .

  • Salary - Good
  • +1 more

Dislikes

Promotion process is not transparent. Also admin transfers are very harsh for women employees. They do not consider whether an employee is having small kid or pregnant. Very long working hours . Sitting in branches till 8 pm is usual .

read more
  • Skill development - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 09 Jul 2024

4.0
 for  Salary and Benefits

Likes

Young demography. Salary and perks.

  • Salary - Good

Dislikes

You need to beg to avail your casual leave for one day. Frequent change of transfer policy. And very low probability of promotion. Transfer across the country against the request of the employee putting the personal life of employee and their family members in deep trouble. Irrational targets and pressure for third party products leaving no time to work for the core banking business. You have to forget life and do only work.

read more
  • Promotions - Poor
  • +3 more
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IDBI Bank Credit Processing Associate Salary FAQs

What is the salary of Credit Processing Associate at IDBI Bank in Mumbai?
The average salary of a Credit Processing Associate at IDBI Bank in Mumbai typically ranges from ₹2.1 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Credit Processing Associate in Mumbai at IDBI Bank earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Credit Processing Associate Salaries at IDBI 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 6 IDBI Bank employees in India.
What is the estimated take home salary of a Credit Processing Associate at IDBI Bank in Mumbai?
The estimated take-home salary of a Credit Processing Associate at IDBI Bank in Mumbai typically ranges from ₹17,248 to ₹18,952 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 4 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 6 salaries received from various employees of IDBI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than IDBI Bank for Credit Processing Associate in India?
IDFC FIRST Bank ₹3.2 Lakhs to ₹4.0 Lakhs per year
Deutsche Bank ₹1.5 Lakhs to ₹4.3 Lakhs per year
Yes Bank ₹2.0 Lakhs to ₹3.8 Lakhs per year
Paysense Services India ₹1.7 Lakhs to ₹4.0 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 IDBI Bank, depending on the role and experience level.
How the salary growth look like for a Credit Processing Associate at IDBI Bank in Mumbai?
The salary growth for a Credit Processing Associate at IDBI Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Processing Associate in Mumbai can expect the following growth trajectory at IDBI Bank:

Experience Average Salary Range
4 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
5 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
6 years ₹2.2 Lakhs to ₹2.9 Lakhs per year
7 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
and so on.

Tell us how to improve this page.

IDBI Bank Credit Processing Associate salary in Mumbai ranges between ₹2.1 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 IDBI Bank latest salaries received from various employees of IDBI Bank.