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Indian Bank Credit Officer salaries in Bangalore / Bengaluru

Annual salary range
6 - 8 years exp.
₹9 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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215% 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 - ₹12.9 L/yr

Last Updated: 13 Dec 2024

Companies similar to Indian Bank for Credit Officer in Bangalore / Bengaluru

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Indian Bank Credit Officer Salary

6 - 8 years exp. (5 salaries)

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₹9 L/yr - ₹12.5 L/yr

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

2 - 7 years exp. (3 salaries)

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₹9.6 L/yr - ₹14 L/yr

arrow icon 3% more
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HDFC Bank Credit Officer Salary

1 - 7 years exp. (23 salaries)

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₹1.8 L/yr - ₹3.9 L/yr

arrow icon 77% less
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ICICI Bank Credit Officer Salary

0 - 3 years exp. (6 salaries)

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₹1.8 L/yr - ₹3.8 L/yr

arrow icon 79% less
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Axis Bank Credit Officer Salary

0 - 5 years exp. (7 salaries)

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₹2.3 L/yr - ₹6.1 L/yr

arrow icon 69% less
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Bank of Baroda Credit Officer Salary

4 - 12 years exp. (13 salaries)

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₹8 L/yr - ₹15.6 L/yr

arrow icon 13% more
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Canara Bank Credit Officer Salary

6 - 8 years exp. (3 salaries)

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₹8.5 L/yr - ₹11.6 L/yr

arrow icon 6% less
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IDBI Bank Credit Officer Salary

2 - 8 years exp. (8 salaries)

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₹7 L/yr - ₹18 L/yr

arrow icon 11% more
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₹2.2 L/yr - ₹6 L/yr

arrow icon 64% less
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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 73% less
1 job opening
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Standard Chartered Credit Officer Salary

1 - 5 years exp. (7 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 78% less
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Indian Overseas Bank Credit Officer Salary

7 - 12 years exp. (5 salaries)

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₹11 L/yr - ₹15 L/yr

arrow icon 22% more
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Union Bank of India Credit Officer Salary

8 - 13 years exp. (5 salaries)

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₹12.6 L/yr - ₹19.5 L/yr

arrow icon 6% more
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IDFC FIRST Bank Credit Officer Salary

2 - 3 years exp. (3 salaries)

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₹2.2 L/yr - ₹2.9 L/yr

arrow icon 79% less
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NatWest Group Credit Officer Salary

3 - 4 years exp. (3 salaries)

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₹12 L/yr - ₹16.5 L/yr

arrow icon 29% more
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 in Bangalore / Bengaluru

6d ago
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8 years exp.
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8 years exp.
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7 years exp.
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6 years exp.
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8 years exp.

Experience wise Indian Bank Credit Officer salaries in Bangalore / Bengaluru

Last Updated: 13 Dec 2024

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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₹4.7 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

Chief Manager Salary
(3 salaries)
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₹20 L/yr - ₹24.75 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

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.

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Full Time

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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.

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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.

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Full Time

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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.

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Full Time

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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.

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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.

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Full Time

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Finance & Accounting Department

2.0
  •  posted on 17 Jun 2023

3.0
 for  Salary and Benefits

Likes

Job Safety, health insurance, decent salary. Simple Interest on loans for staff and 1% higher interest for staff on deposits.

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Dislikes

Promotion is based on buttering GMs and seniors. Promotion interview marks are noted in pencil and then changed once it reached corporate office based on above criterion. Very few specialist officers are given promotion, preference if only for POs; DO NOT join as specialist officer if you are looking for career growth. Random transferring away from home. Branch Managers are excessively pressurized.

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Indian Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at Indian Bank Bangalore / Bengaluru?
Credit Officer salary at Indian Bank in Bangalore / Bengaluru ranges between ₹9.0 Lakhs to ₹12.5 Lakhs for experience between 6 years to 8 years. According to our estimates it is 215% more than the average Credit Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Indian Bank Bangalore / Bengaluru.
How does the salary of a Credit Officer at Indian Bank Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Credit Officer at Indian Bank is 215% more than the average salary of a Credit Officer in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Credit Officer in Bangalore / Bengaluru?
  • NatWest Group Credit Officer Salary - ₹12.0 Lakhs to ₹16.5 Lakhs per year
  • Indian Overseas Bank Credit Officer Salary - ₹11.0 Lakhs to ₹15.0 Lakhs per year
  • Bank of Baroda Credit Officer Salary - ₹8.0 Lakhs to ₹15.6 Lakhs per year
  • IDBI Bank Credit Officer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
  • Union Bank of India Credit Officer Salary - ₹12.6 Lakhs to ₹19.5 Lakhs per year
What is the salary of a Credit Officer in companies similar to Indian Bank in Bangalore / Bengaluru?
  • State Bank of India Credit Officer Salary - ₹9.6 Lakhs to ₹14.0 Lakhs per year
  • Canara Bank Credit Officer Salary - ₹8.5 Lakhs to ₹11.6 Lakhs per year
  • Ujjivan Small Finance Bank Credit Officer Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
  • Axis Bank Credit Officer Salary - ₹2.3 Lakhs to ₹6.1 Lakhs per year
  • Equitas Small Finance Bank Credit Officer Salary - ₹2.2 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Credit Officer at Indian Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Credit Officer at Indian Bank ranges between ₹85,136 per month to ₹87,364 per month in Bangalore / Bengaluru. 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 in Bangalore / Bengaluru?
According to AmbitionBox, 100% of the Indian Bank Credit Officers in Bangalore / Bengaluru reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Indian Bank Credit Officer salary in Bangalore / Bengaluru 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.