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Indian Bank Credit Officer salaries in India (Updated 2025)

Annual salary range
6 - 8 years exp.
₹9 Lakhs - ₹12.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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229% more than the average Credit Officer Salary in Banking Companies for 6 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Officer Salary
6 - 8 years exp. (4 salaries)
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₹9 L/yr - ₹12.5 L/yr

Finance & Accounting
Credit Officer Salary
8 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹12.8 L/yr

Last Updated: 8 Feb 2025

Companies similar to Indian Bank for Credit Officer

Company name Avg Annual Salary Open Jobs
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State Bank of India Credit Officer Salary

2 - 8 years exp. (31 salaries)

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₹8.5 L/yr - ₹17 L/yr

arrow icon 2% less
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HDFC Bank Credit Officer Salary

1 - 8 years exp. (252 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 78% less
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ICICI Bank Credit Officer Salary

0 - 6 years exp. (118 salaries)

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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 79% less
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Axis Bank Credit Officer Salary

0 - 6 years exp. (175 salaries)

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₹1.2 L/yr - ₹6.8 L/yr

arrow icon 69% less
1 job opening
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Punjab National Bank Credit Officer Salary

0 - 4 years exp. (6 salaries)

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₹5.3 L/yr - ₹12 L/yr

arrow icon 10% less
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Bank of Baroda Credit Officer Salary

5 - 12 years exp. (106 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 17% more
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Canara Bank Credit Officer Salary

7 - 12 years exp. (16 salaries)

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₹8 L/yr - ₹19.5 L/yr

arrow icon 10% more
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Kotak Mahindra Bank Credit Officer Salary

1 - 6 years exp. (96 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 77% less
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Yes Bank Credit Officer Salary

2 - 10 years exp. (50 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 76% less
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IDBI Bank Credit Officer Salary

0 - 13 years exp. (16 salaries)

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₹7 L/yr - ₹18 L/yr

arrow icon 19% more
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₹1.9 L/yr - ₹6 L/yr

arrow icon 64% less
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₹1.6 L/yr - ₹4.4 L/yr

arrow icon 74% less
1 job opening
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AU Small Finance Bank Credit Officer Salary

0 - 6 years exp. (240 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 76% less
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IndusInd Bank Credit Officer Salary

1 - 10 years exp. (135 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 76% less
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Jana Small Finance Bank Credit Officer Salary

1 - 7 years exp. (47 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

arrow icon 77% less
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IDFC FIRST Bank Credit Officer Salary

0 - 6 years exp. (38 salaries)

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₹2.1 L/yr - ₹4.9 L/yr

arrow icon 76% less
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Bandhan Bank Credit Officer Salary

0 - 9 years exp. (36 salaries)

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₹1.3 L/yr - ₹5 L/yr

arrow icon 72% less
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Federal Bank Credit Officer Salary

0 - 6 years exp. (21 salaries)

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₹5.1 L/yr - ₹16 L/yr

arrow icon 9% less
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NatWest Group Credit Officer Salary

1 - 8 years exp. (16 salaries)

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₹7.8 L/yr - ₹20 L/yr

arrow icon 20% more
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Union Bank of India Credit Officer Salary

2 - 13 years exp. (18 salaries)

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₹6.5 L/yr - ₹19.5 L/yr

arrow icon 4% more
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Credit Officer salary at Indian Bank ranges between ₹9 Lakhs to ₹12.5 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Credit Officer

2d ago
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8 years exp.
4mo ago
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8 years exp.
8mo ago
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7 years exp.
1y ago
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6 years exp.
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8 years exp.

Experience wise Indian Bank Credit Officer salaries

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹12.5 L/yr
7 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹12.5 L/yr
8 years  (3 salaries)

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₹9 L/yr - ₹12.5 L/yr

Similar Designation salaries in Indian Bank

Credit Manager Salary
(40 salaries)
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₹9 L/yr - ₹17 L/yr
Sales Officer Salary
(4 salaries)
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₹2.2 L/yr - ₹3 L/yr
Credit Analyst Salary
(10 salaries)
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₹9 L/yr - ₹15.5 L/yr
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₹15 L/yr - ₹35 L/yr
Officer Salary
(8 salaries)
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₹8.5 L/yr - ₹10.94 L/yr
Credit Executive Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
Branch Manager Salary
(84 salaries)
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₹5.95 L/yr - ₹21.8 L/yr
Deputy Manager Salary
(4 salaries)
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₹5.1 L/yr - ₹18 L/yr
Chief Manager Salary
(77 salaries)
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₹12.5 L/yr - ₹40 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr

Salary related reviews for Indian Bank

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Mar 2022

4.0
 for  Salary and Benefits

Likes

Job security, some of good Managers, Salary and Compensation is good. Its a government job but culture is quite like private job.

read more
  • Salary - Good
  • +2 more

Dislikes

Very much shortage of Staff, Some of the Mangement staff Behaviour is rude and Superior behaves like bossy. Too much workload due to immensely shortage of Staff. Bad promotion policy . Not all the time deserving candidate gets promotion. Transfer policy is poor. They do not consider your request unless you know someone who has influence.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 28 Nov 2024

5.0
 for  Salary and Benefits

Likes

Job security, good pay, ability to gain knowledge and connections.

  • Salary - Excellent
  • +4 more

Dislikes

Impossible targets, harassing in meeting stating transfers, expecting to work overtime even on holidays, unapproachable and unheedful HR personnel.

read more
  • Company culture - Poor

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 24 Jul 2024

4.0
 for  Salary and Benefits

Likes

Salary and allowances are decent. And if you are lucky enough to get a good manager, you life will be good.

read more
  • Salary - Good
  • +1 more

Dislikes

Extremely bad work culture. Huge burden of targets, even new joinees are not spared! They won't give you an opportunity to learn, they only care about their business figures! Bad postings in unlivable rural areas. Yes perks and allowances are good, but often times you have to beg them to get those. Corrupt practices undertaken by HRM section, people of certain communities are given preference over the other. And if you dare to raise your voice against such injustice, you will be harassed even more.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 05 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary in PSBs is the only thing you can term as a positive.

Dislikes

Work life balance is non existent. Management will bluntly put it that they do not care about your health or mental condition. Targets are unrealistic and everybody is out to pressurize branches as much possible, even encouraging unethical and fraudulent practices. HR is non existent. You will be forced to work long hours to satisfy the ego of the management. Join at your own risk.

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 23 Mar 2022

3.0
 for  Salary and Benefits

Likes

...f diversified roles in various verticals along different geographical locations.The employees enjoy several Perks and allowances alongside their salary.It has a great job security and social status too.

read more
  • Job security - Excellent
  • +3 more

Dislikes

The job can be a bit monotonus and repetitive at times. The salary is decent at first but the growth is stagnant after a time period. The far off rural postings brings several challenges and hardships too. The transfers are frequent.

read more
see more salary related reviews

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Indian Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at Indian Bank?
Credit Officer salary at Indian Bank in India ranges between ₹9.0 Lakhs to ₹12.5 Lakhs for experience between 6 years to 8 years. According to our estimates it is 229% more than the average Credit Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Indian Bank India.
How does the salary of a Credit Officer at Indian Bank India compare with the average salary range for this job?
The average salary of a Credit Officer at Indian Bank is 229% more than the average salary of a Credit Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Credit Officer in India?
  • Central Bank of India Credit Officer Salary - ₹12.4 Lakhs to ₹21.5 Lakhs per year
  • Indian Overseas Bank Credit Officer Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
  • UCO Bank Credit Officer Salary - ₹13.2 Lakhs to ₹18.0 Lakhs per year
  • NatWest Group Credit Officer Salary - ₹7.8 Lakhs to ₹20.0 Lakhs per year
  • IDBI Bank Credit Officer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Credit Officer in companies similar to Indian Bank in India?
  • Bank of Baroda Credit Officer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
  • Bank of Maharashtra Credit Officer Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
  • Canara Bank Credit Officer Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year
  • Union Bank of India Credit Officer Salary - ₹6.5 Lakhs to ₹19.5 Lakhs per year
  • State Bank of India Credit Officer Salary - ₹8.5 Lakhs to ₹17.0 Lakhs per year
What is the estimated take home salary of a Credit Officer at Indian Bank in India?
The estimated take-home salary of a Credit Officer at Indian Bank ranges between ₹84,478 per month to ₹86,687 per month in India. The take-home salary calculation is based on the average Indian Bank Credit Officer salary in India which ranges between ₹9.0 Lakhs to ₹12.5 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Credit Officer at Indian Bank?
According to AmbitionBox, 89% of the Indian Bank Credit Officers reported a notice period of 3 Months, 11% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Bank Credit Officer salary in India ranges between ₹9 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Indian Bank latest salaries received from various employees of Indian Bank.