IndusInd Bank Mumbai Credit Officer Salaries by 10+ Employees (Updated 2024)

0 - 7 years exp.

₹1.5 Lakh - ₹3.2 Lakhs

Salary of majority employees

33% less than the average Credit Officer Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 3 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹2.6 L/yr
Risk Management & Compliance Credit Officer Salary 2 - 7 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Customer Success, Service & Operations Credit Officer Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.9 L/yr
Finance & Accounting Credit Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

Last Updated: 23 Nov 2024

Companies similar to IndusInd Bank for Credit Officer in Mumbai

IndusInd Bank Credit Officer Salary

0 - 7 years exp. (11 salaries)

₹1.5 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Officer Salary 1 - 7 years exp. (17 salaries)	₹1.5 L/yr - ₹3.5 L/yr 2% more
ICICI Bank Credit Officer Salary 0 - 9 years exp. (12 salaries)	₹2.5 L/yr - ₹4.5 L/yr 28% more
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Axis Bank Credit Officer Salary 1 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹5 L/yr 36% more
Kotak Mahindra Bank Credit Officer Salary 0 - 6 years exp. (17 salaries)	₹1.5 L/yr - ₹2.9 L/yr 7% less
Yes Bank Credit Officer Salary 2 - 6 years exp. (7 salaries)	₹2.4 L/yr - ₹4.3 L/yr 17% more
IDFC FIRST Bank Credit Officer Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.4 L/yr 12% less
RBL Bank Credit Officer Salary 1 - 8 years exp. (28 salaries)	₹2 L/yr - ₹4.4 L/yr 14% more
Citibank Credit Officer Salary 2 - 8 years exp. (9 salaries)	₹4.3 L/yr - ₹11.5 L/yr 165% more
Ujjivan Small Finance Bank Credit Officer Salary 3 - 8 years exp. (28 salaries)	₹3 L/yr - ₹5 L/yr 66% more
Federal Bank Credit Officer Salary 1 - 3 years exp. (7 salaries)	₹5.8 L/yr - ₹16 L/yr 322% more
DCB Bank Credit Officer Salary 2 - 6 years exp. (5 salaries)	₹2.6 L/yr - ₹4 L/yr 19% more
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Deutsche Bank Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹4.6 L/yr - ₹10.4 L/yr 246% more	6 job openings
Bank of Baroda Credit Officer Salary 5 - 10 years exp. (4 salaries)	₹8 L/yr - ₹14.1 L/yr 403% more
Indian Overseas Bank Credit Officer Salary 10 - 12 years exp. (3 salaries)	₹15.7 L/yr - ₹18 L/yr 490% more
Bank of Maharashtra Credit Officer Salary 10 - 11 years exp. (3 salaries)	₹14.1 L/yr - ₹20 L/yr 509% more

Credit Officer salary at IndusInd Bank ranges between ₹1.5 Lakh to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 11 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Credit Officer salaries in Mumbai

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4.4 L/yr
1 year (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.9 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr

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Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(754 salaries)

₹1.7 L/yr - ₹8.05 L/yr

Officer Salary

(93 salaries)

₹1.35 L/yr - ₹4 L/yr

Branch Manager Salary

(77 salaries)

₹7.9 L/yr - ₹27.85 L/yr

Credit Analyst Salary

(59 salaries)

₹8.98 L/yr - ₹12.6 L/yr

Credit Manager Salary

(33 salaries)

₹3.6 L/yr - ₹11.44 L/yr

Sales Officer Salary

(15 salaries)

₹1.8 L/yr - ₹3 L/yr

Area Credit Manager Salary

(10 salaries)

₹7 L/yr - ₹18 L/yr

Credit Executive Salary

(3 salaries)

₹2.3 L/yr - ₹2.75 L/yr

Salary related reviews for IndusInd Bank

3.3

Rated by 2 employees for salary & benefits

Credit Officer in Hyderabad / Secunderabad

Full Time

Risk Management & Compliance Department

1.0

• posted on 18 Feb 2023

3.0

for Salary and Benefits

Likes

Geting support from our reporting Managers

Dislikes

IMFSR (Hr Team) Because of IMFSR Hr team getting delay response I have lost 7days woking salary, I have moved from IMFSR rolls to IBL rolls. I have several discussion in phone with IMFSR Hr team same I follwed & I have resigned on31st Oct 2022. IBL Hr team asked me resignation confirmation from IMFSR team. Thy gaved reply on 2nd novmbr gtng delay reply frm IMFSR team, IBL Hr consider as joing on7th Nov22 in IBL rolls. any how Regular am gng to office but I have lost 7days pay. Now gtng to F&F settlement from IMFSR company again they deducted Rs. 14,700/- because of I didn't serve notice period. Already I informed IMFSR Hr they said it's internal moving only 1day notice period enough and as per his Suggestion I resigned on 31st Oct 22 in IMFSR company. I donot want to live My money I have almost served 6years in this company. I have each and every mail. Please do needful to me

Credit Officer in Kashipur

Full Time

Sales & Business Development Department

2.0

• posted on 31 Dec 2021

2.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. company policies are good appraisal are fair and they Give good salary package and Bonus every year

Credit Officer in Gandhinagar Branch Sector 26 Opp Smart

Ahl Department

5.0

• posted on 24 Oct 2020

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Credit Officer in Rajkot

Customer Success, Service & Operations Department

5.0

• posted on 25 May 2018

5.0

for Salary and Benefits

Likes

All work like about working at indusind bank

Dislikes

Compensation is decent,I have work 12-14 hours but over time compensation not paid by company,I handal customer and collection with my work as credit officer

Sales Manager in Surat

Full Time

Sales & Business Development Department

1.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IndusInd Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at IndusInd Bank Mumbai?

Credit Officer salary at IndusInd Bank in Mumbai ranges between ₹1.5 Lakhs to ₹3.2 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 33% less than the average Credit Officer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of IndusInd Bank Mumbai.

How does the salary of a Credit Officer at IndusInd Bank Mumbai compare with the average salary range for this job?

The average salary of a Credit Officer at IndusInd Bank is 33% less than the average salary of a Credit Officer in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than IndusInd Bank to a Credit Officer in Mumbai?

Bank of Maharashtra Credit Officer Salary - ₹14.1 Lakhs to ₹20.0 Lakhs per year
Indian Overseas Bank Credit Officer Salary - ₹15.7 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda Credit Officer Salary - ₹8.0 Lakhs to ₹14.1 Lakhs per year
Federal Bank Credit Officer Salary - ₹5.8 Lakhs to ₹16.0 Lakhs per year
Deutsche Bank Credit Officer Salary - ₹4.6 Lakhs to ₹10.4 Lakhs per year

What is the salary of a Credit Officer in companies similar to IndusInd Bank in Mumbai?

Citibank Credit Officer Salary - ₹4.3 Lakhs to ₹11.5 Lakhs per year
Ujjivan Small Finance Bank Credit Officer Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
Axis Bank Credit Officer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
ICICI Bank Credit Officer Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
DCB Bank Credit Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Credit Officer at IndusInd Bank in Mumbai?

The estimated take-home salary of a Credit Officer at IndusInd Bank ranges between ₹18,792 per month to ₹20,473 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank Credit Officer salary in India which ranges between ₹1.5 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at IndusInd Bank in Mumbai?

According to AmbitionBox, 75% of the IndusInd Bank Credit Officers in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

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IndusInd Bank Credit Officer Salaries in Mumbai

IndusInd Bank Credit Officer salary in Mumbai ranges between ₹1.5 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 IndusInd Bank latest salaries received from various employees of IndusInd Bank.