Indian Bank Credit Officer Salaries by 5 Employees (Updated 2025)

6 - 8 years exp.

₹9 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

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)	₹9 L/yr - ₹12.5 L/yr
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Finance & Accounting Credit Officer Salary 8 years exp. (AmbitionBox Estimate)	₹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
State Bank of India Credit Officer Salary 2 - 8 years exp. (31 salaries)	₹8.5 L/yr - ₹17 L/yr 2% less
HDFC Bank Credit Officer Salary 1 - 8 years exp. (252 salaries)	₹1.2 L/yr - ₹4 L/yr 78% less
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ICICI Bank Credit Officer Salary 0 - 6 years exp. (118 salaries)	₹1.2 L/yr - ₹4.7 L/yr 79% less
Axis Bank Credit Officer Salary 0 - 6 years exp. (175 salaries)	₹1.2 L/yr - ₹6.8 L/yr 69% less	1 job opening
Punjab National Bank Credit Officer Salary 0 - 4 years exp. (6 salaries)	₹5.3 L/yr - ₹12 L/yr 10% less
Bank of Baroda Credit Officer Salary 5 - 12 years exp. (106 salaries)	₹6 L/yr - ₹20 L/yr 17% more
Canara Bank Credit Officer Salary 7 - 12 years exp. (16 salaries)	₹8 L/yr - ₹19.5 L/yr 10% more
Kotak Mahindra Bank Credit Officer Salary 1 - 6 years exp. (96 salaries)	₹1.5 L/yr - ₹4.5 L/yr 77% less
Yes Bank Credit Officer Salary 2 - 10 years exp. (50 salaries)	₹2 L/yr - ₹4 L/yr 76% less
IDBI Bank Credit Officer Salary 0 - 13 years exp. (16 salaries)	₹7 L/yr - ₹18 L/yr 19% more
Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (358 salaries)	₹1.9 L/yr - ₹6 L/yr 64% less
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Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (275 salaries)	₹1.6 L/yr - ₹4.4 L/yr 74% less	1 job opening
AU Small Finance Bank Credit Officer Salary 0 - 6 years exp. (240 salaries)	₹1.3 L/yr - ₹4 L/yr 76% less
IndusInd Bank Credit Officer Salary 1 - 10 years exp. (135 salaries)	₹1.2 L/yr - ₹4.2 L/yr 76% less
Jana Small Finance Bank Credit Officer Salary 1 - 7 years exp. (47 salaries)	₹1.3 L/yr - ₹3.5 L/yr 77% less
IDFC FIRST Bank Credit Officer Salary 0 - 6 years exp. (38 salaries)	₹2.1 L/yr - ₹4.9 L/yr 76% less
Bandhan Bank Credit Officer Salary 0 - 9 years exp. (36 salaries)	₹1.3 L/yr - ₹5 L/yr 72% less
Federal Bank Credit Officer Salary 0 - 6 years exp. (21 salaries)	₹5.1 L/yr - ₹16 L/yr 9% less
NatWest Group Credit Officer Salary 1 - 8 years exp. (16 salaries)	₹7.8 L/yr - ₹20 L/yr 20% more
Union Bank of India Credit Officer Salary 2 - 13 years exp. (18 salaries)	₹6.5 L/yr - ₹19.5 L/yr 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.

Experience wise Indian Bank Credit Officer salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12.5 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12.5 L/yr
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8 years (3 salaries)	₹9 L/yr - ₹12.5 L/yr

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Salary related reviews for Indian Bank

Branch Manager in Chennai

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.

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.

Work satisfaction - Poor

+1 more

Assistant Manager in Mumbai

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.

Company culture - Poor

Assistant Manager in Nadia

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.

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.

Skill development - Poor

+4 more

Assistant Branch Manager in Kolkata

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.

Skill development - Bad

+4 more

Assistant Branch Manager in Arambagh

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.

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.

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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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.

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Indian Bank Credit Officer Salaries

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