IDFC FIRST Bank Chennai Credit Analyst Salaries by 5 Employees

0 - 4 years exp.

₹8 Lakhs - ₹13.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Credit Analyst Salary in Banking Companies for 0 - 4 years of experience

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Last Updated: 1 Dec 2023

Companies similar to IDFC FIRST Bank for Credit Analyst in Chennai

IDFC FIRST Bank Credit Analyst Salary

0 - 4 years exp. (5 salaries)

₹8 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Credit Analyst Salary 0 - 9 years exp. (27 salaries)	₹5.8 L/yr - ₹16 L/yr 3% more	13 job openings
ICICI Bank Credit Analyst Salary 0 - 7 years exp. (24 salaries)	₹5.7 L/yr - ₹13.5 L/yr 6% more
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Axis Bank Credit Analyst Salary 1 - 9 years exp. (23 salaries)	₹7.2 L/yr - ₹15.9 L/yr 16% more	4 job openings
Standard Chartered Credit Analyst Salary 1 - 7 years exp. (21 salaries)	₹10 L/yr - ₹18 L/yr 16% more
HDFC Bank Credit Analyst Salary 1 - 7 years exp. (13 salaries)	₹8.8 L/yr - ₹10.6 L/yr 9% less
Federal Bank Credit Analyst Salary 1 - 6 years exp. (8 salaries)	₹10 L/yr - ₹18 L/yr 46% more
Karur Vysya Bank Credit Analyst Salary 0 - 11 years exp. (6 salaries)	₹6 L/yr - ₹17.8 L/yr 2% more
RBL Bank Credit Analyst Salary 1 - 6 years exp. (5 salaries)	₹7 L/yr - ₹13.5 L/yr 21% more
City Union Bank Credit Analyst Salary 4 - 13 years exp. (5 salaries)	₹6.9 L/yr - ₹22 L/yr 21% more
IDBI Bank Credit Analyst Salary 5 - 8 years exp. (4 salaries)	₹15 L/yr - ₹26.4 L/yr 103% more
Yes Bank Credit Analyst Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹6.8 L/yr 51% less
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Jana Small Finance Bank Credit Analyst Salary 4 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 61% less
Kotak Mahindra Bank Credit Analyst Salary 1 - 7 years exp. (3 salaries)	₹5.9 L/yr - ₹12.1 L/yr 11% less

Credit Analyst salary at IDFC FIRST Bank ranges between ₹8 Lakhs to ₹13.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Credit Analyst salaries in Chennai

Last Updated: 1 Dec 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
1 year (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
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2 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
3 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.8 L/yr
4 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr

Similar Designation salaries in IDFC FIRST Bank

Deputy Manager Salary

(129 salaries)

₹3 L/yr - ₹9.05 L/yr

Credit Manager Salary

(30 salaries)

₹3.5 L/yr - ₹12 L/yr

Team Lead Salary

(8 salaries)

₹1.8 L/yr - ₹6.7 L/yr

Financial Analyst Salary

(4 salaries)

₹2 L/yr - ₹3.86 L/yr

Analyst Salary

(3 salaries)

₹3.6 L/yr - ₹4.55 L/yr

Top skills at IDFC FIRST Bank for Credit Analyst

Credit Analysis Credit Management

Salary related reviews for IDFC FIRST Bank

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

Deputy Manager in Ahmedabad

Full Time

Sales & Business Development Department

1.0

• posted on 08 Jan 2023

5.0

for Salary and Benefits

Likes

Only Salary is the best part in IDFC FIRST BANK.

Salary - Excellent

Dislikes

... handle the pressure from their seniors so they put their pressure on employees.Employees only trap in salary part.even in sleep many times you will get dream of working pressure.

Skill development - Bad

+5 more

Deputy Manager in Salem

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 15 Mar 2023

5.0

for Salary and Benefits

Likes

Best bank Every cross sell and deepening comes under incentive lots of growth opportunities yearly growth salary hike also Good..Best place to Work.

Salary - Excellent

+6 more

Dislikes

Nothing to say dislike May overcome simplifying in process.

see more salary related reviews

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What people are saying about IDFC FIRST Bank

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a senior business analyst

Salary discussion

For a BA/PM, is 50% increment on current salary is too much to ask? Background: MBA from IIM, BE - Computer Science from tier 2 college, ~3 Years experience.

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IDFC FIRST Bank Credit Analyst Salary FAQs

What is the salary of Credit Analyst at IDFC FIRST Bank in Chennai?

The average salary of a Credit Analyst at IDFC FIRST Bank in Chennai typically ranges from ₹8.0 Lakhs to ₹13.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Credit Analyst in Chennai at IDFC FIRST Bank earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Credit Analyst Salaries at IDFC FIRST 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 5 IDFC FIRST Bank employees in India.

What is the estimated take home salary of a Credit Analyst at IDFC FIRST Bank in Chennai?

The estimated take-home salary of a Credit Analyst at IDFC FIRST Bank in Chennai typically ranges from ₹73,440 to ₹75,336 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from Fresher 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 5 salaries received from various employees of IDFC FIRST 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 IDFC FIRST Bank in Chennai?

To be a Credit Analyst at IDFC FIRST Bank in Chennai, the key skills required include:

- Credit Analysis
- Credit Management

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IDFC FIRST Bank for Credit Analyst in India?

IDBI Bank	₹15.0 Lakhs to ₹26.4 Lakhs per year
Federal Bank	₹10.0 Lakhs to ₹18.0 Lakhs per year
RBL Bank	₹7.0 Lakhs to ₹13.5 Lakhs per year
City Union Bank	₹6.9 Lakhs to ₹22.0 Lakhs per year
Axis Bank	₹7.2 Lakhs to ₹15.9 Lakhs per year

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

What is the salary of a Credit Analyst in companies similar to IDFC FIRST Bank in Chennai?

The salary of a Credit Analyst at companies similar to IDFC FIRST Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹10.0 Lakhs to ₹18.0 Lakhs per year
ICICI Bank	₹5.7 Lakhs to ₹13.5 Lakhs per year
IndusInd Bank	₹5.8 Lakhs to ₹16.0 Lakhs per year
Karur Vysya Bank	₹6.0 Lakhs to ₹17.8 Lakhs per year
HDFC Bank	₹8.8 Lakhs to ₹10.6 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 IDFC FIRST Bank in Chennai?

The salary growth for a Credit Analyst at IDFC FIRST Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Credit Analyst in Chennai can expect the following growth trajectory at IDFC FIRST Bank:

Experience	Average Salary Range
Fresher	₹9.0 Lakhs to ₹11.5 Lakhs per year
1 year	₹9.1 Lakhs to ₹11.6 Lakhs per year
2 years	₹9.2 Lakhs to ₹11.7 Lakhs per year
3 years	₹9.3 Lakhs to ₹11.8 Lakhs per year

and so on.

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IDFC FIRST Bank Credit Analyst Salaries in Chennai

IDFC FIRST Bank Credit Analyst salary in Chennai ranges between ₹8 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.