India Ratings & Research Credit Analyst Salaries by 30+ Employees (Updated 2025)

1 - 9 years exp.

₹5.3 Lakhs - ₹22.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

41% more than the average Credit Analyst Salary in Financial Services Companies for 1 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Analyst Salary 1 - 9 years exp. (18 salaries)	₹7 L/yr - ₹24 L/yr
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Finance & Accounting Credit Analyst Salary 1 - 9 years exp. (8 salaries)	₹4.5 L/yr - ₹10.5 L/yr

Last Updated: 14 Mar 2025

Companies similar to India Ratings & Research for Credit Analyst

Company name	Avg Annual Salary	Open Jobs
Daimler Financial Services Credit Analyst Salary 1 - 15 years exp. (9 salaries)	₹8.3 L/yr - ₹26.8 L/yr 41% more
Axis Bank Credit Analyst Salary 1 - 9 years exp. (414 salaries)	₹5.5 L/yr - ₹21 L/yr 2% less	1 job opening
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Crisil Credit Analyst Salary 1 - 5 years exp. (426 salaries)	₹5.5 L/yr - ₹17 L/yr 6% less	6 job openings
ICICI Bank Credit Analyst Salary 0 - 6 years exp. (374 salaries)	₹5.3 L/yr - ₹18.9 L/yr 12% less
IndusInd Bank Credit Analyst Salary 0 - 10 years exp. (395 salaries)	₹4.2 L/yr - ₹17 L/yr 21% less	11 job openings

Credit Analyst salary at India Ratings & Research ranges between ₹5.3 Lakhs to ₹22.2 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 31 latest salaries received from various employees of India Ratings & Research.

Latest annual salaries shared by India Ratings & Research Credit Analyst

2d ago

₹24 Lakhs

5 years exp.

1mo ago

₹10.5 Lakhs

1 year exp.

1mo ago

₹15 Lakhs

2 years exp.

4mo ago

₹17 Lakhs

3 years exp.

5mo ago

₹15 Lakhs

4 years exp.

1y ago

2 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

1y ago

4 years exp.

1y ago

7 years exp.

Experience wise India Ratings & Research Credit Analyst salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹5.5 L/yr - ₹12.5 L/yr
2 years (6 salaries)	₹4.4 L/yr - ₹18.6 L/yr
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3 years (5 salaries)	₹6.5 L/yr - ₹18 L/yr
4 years (6 salaries)	₹5.1 L/yr - ₹18 L/yr
5 years (3 salaries)	₹5.5 L/yr - ₹22.4 L/yr
6 years (AmbitionBox Estimate)	₹7 L/yr - ₹23.3 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹24.2 L/yr
8 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
9 years (4 salaries)	₹8 L/yr - ₹22.3 L/yr

View all

Similar Designation salaries in India Ratings & Research

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Associate Analyst Salary

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₹3.7 L/yr - ₹4 L/yr

Business Analyst Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Financial Analyst Salary

(4 salaries)

₹4 L/yr - ₹11.8 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹24.3 L/yr - ₹31.1 L/yr

Senior Associate Salary

(3 salaries)

₹4.5 L/yr - ₹16 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Financial Analyst Salary

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₹13.3 L/yr - ₹20 L/yr

Salary related reviews for India Ratings & Research

1.3

Rated by 5 employees for salary & benefits

Analyst in Mumbai

Full Time

Finance & Accounting Department

4.0

• posted on 19 Apr 2024

2.0

for Salary and Benefits

Likes

Great work life balance, good opportunities, more learning.

Skill development - Good

+4 more

Dislikes

...negligible. If you want work life balance, then good, but money wise really bad. Getting in with good salary is important. Even director position does not have respect.

Salary - Poor

+1 more

Senior Analyst in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 12 Apr 2022

2.0

for Salary and Benefits

Likes

Work life balance, Supportive team

Job security - Excellent

+2 more

Dislikes

Poor Hike and bonus%. Both are always in single digit. Join any rating agency and you will get hike in single digit. This is company in not for people who are looking for stability and long term. Technologically not so good.

Salary - Poor

+2 more

Analyst in Chennai

BFSI, Investments & Trading Department

4.0

• posted on 07 Apr 2022

1.0

for Salary and Benefits

Likes

Good learning opportunities in MC/LC & other teams except Emerging Corp. Very good manager in South Mid Corp analytical. Decent culture. Good insurance policy

Skill development - Good

+5 more

Dislikes

Very less pay scale. Learning curve will depend on individual's ability to reach out

Salary - Bad

Senior Analyst, Commodities And Retail , Large Corporates in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 08 Sep 2023

4.0

for Salary and Benefits

Likes

Excellent work culture with very supportive managers, opportunity for learning, flexibility around work schedules, exposure, and opportunity to interact with c-suite executives.

Salary - Good

+5 more

Dislikes

Pay could be better, along with appraisals. This is the only drawback, otherwise it is one of the best places to work for.

Credit Analyst in Greater Noida

Full Time

Finance & Accounting Department

1.0

• posted on 19 Oct 2023

1.0

for Salary and Benefits

Likes

Only learning through interactions with industry people.

Skill development - Good

+1 more

Dislikes

Culture, compensation, growth, no focus on training and development. Not a very employee friendly company, do not care about personal lives or well-being of employees. High attrition and no effort at team-building. Seniors will ask to reach out for any help but when you do they’ll not respond.

Salary - Bad

+3 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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India Ratings & Research Credit Analyst Salary FAQs

What is the salary of Credit Analyst at India Ratings & Research ?

The average salary of a Credit Analyst at India Ratings & Research in India typically ranges from ₹5.3 Lakhs to ₹22.2 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Credit Analyst at India Ratings & Research earn more than ₹19.2 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Credit Analyst Salaries at India Ratings & Research 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 30+ India Ratings & Research employees in India.

What is the estimated take home salary of a Credit Analyst at India Ratings & Research in India?

The estimated take-home salary of a Credit Analyst at India Ratings & Research in India typically ranges from ₹88,234 to ₹90,549 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹22.2 Lakhs per year for employees with experience ranging from 1 year to 9 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 30+ salaries received from various employees of India Ratings & Research. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than India Ratings & Research for Credit Analyst in India?

Daimler Financial Services

₹8.3 Lakhs to ₹26.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by India Ratings & Research, depending on the role and experience level.

What is the salary of a Credit Analyst in companies similar to India Ratings & Research in India?

The salary of a Credit Analyst at companies similar to India Ratings & Research in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹5.5 Lakhs to ₹21.0 Lakhs per year
Crisil	₹5.5 Lakhs to ₹17.0 Lakhs per year
ICICI Bank	₹5.3 Lakhs to ₹18.9 Lakhs per year
IndusInd Bank	₹4.2 Lakhs to ₹17.0 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 India Ratings & Research in India?

The salary growth for a Credit Analyst at India Ratings & Research depends on factors such as experience, performance, and promotions. On average, a Credit Analyst can expect the following growth trajectory at India Ratings & Research:

Experience	Average Salary Range
1 year	₹5.5 Lakhs to ₹12.5 Lakhs per year
2 years	₹4.4 Lakhs to ₹18.6 Lakhs per year
3 years	₹6.5 Lakhs to ₹18.0 Lakhs per year
4 years	₹5.1 Lakhs to ₹18.0 Lakhs per year

and so on.

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India Ratings & Research Credit Analyst Salaries by Location

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India Ratings & Research Credit Analyst Salaries

India Ratings & Research Credit Analyst salary in India ranges between ₹5.3 Lakhs to ₹22.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 India Ratings & Research latest salaries received from various employees of India Ratings & Research.

India Ratings & Research Credit Analyst salaries in India (Updated 2025)

Companies similar to India Ratings & Research for Credit Analyst

Latest annual salaries shared by India Ratings & Research Credit Analyst

Experience wise India Ratings & Research Credit Analyst salaries

Similar Designation salaries in India Ratings & Research

Salary related reviews for India Ratings & Research

Analyst in Mumbai

Senior Analyst in Mumbai

Analyst in Chennai

Senior Analyst, Commodities And Retail , Large Corporates in Mumbai

Credit Analyst in Greater Noida

India Ratings & Research Credit Analyst Salary FAQs

Tell us how to improve this page.

India Ratings & Research Credit Analyst Salaries by Location