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Magma Housing Finance Credit Analyst salaries in India

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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60% less than the average Credit Analyst Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Analyst Salary
3 - 6 years exp. (5 salaries)
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₹3 L/yr - ₹3.8 L/yr

Finance & Accounting
Credit Analyst Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.8 L/yr

Administration & Facilities
Credit Analyst Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Credit Analyst Salary
5 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.4 L/yr

Last Updated: 18 Apr 2024

Companies similar to Magma Housing Finance for Credit Analyst

Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Analyst Salary

0 - 6 years exp. (168 salaries)

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₹5 L/yr - ₹18.5 L/yr

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₹5.4 L/yr - ₹6.9 L/yr

arrow icon 75% more
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PNB Housing Finance Credit Analyst Salary

2 - 10 years exp. (7 salaries)

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₹2.1 L/yr - ₹12.1 L/yr

arrow icon 103% more
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Can Fin Homes Credit Analyst Salary

2 - 3 years exp. (3 salaries)

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₹2.4 L/yr - ₹8.2 L/yr

arrow icon 83% more
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GIC Housing Finance Credit Analyst Salary

3 - 5 years exp. (6 salaries)

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₹6.7 L/yr - ₹10 L/yr

arrow icon 139% more
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Repco Home Finance Credit Analyst Salary

3 - 6 years exp. (3 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 8% less
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L&T Finance Credit Analyst Salary

1 - 11 years exp. (6 salaries)

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₹2.7 L/yr - ₹4 L/yr

arrow icon 7% less
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Edelweiss Credit Analyst Salary

1 - 5 years exp. (5 salaries)

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₹4.7 L/yr - ₹8.5 L/yr

arrow icon 93% more
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JPMorgan Chase & Co. Credit Analyst Salary

1 - 4 years exp. (89 salaries)

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₹14.8 L/yr - ₹25 L/yr

arrow icon 350% more
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Wells Fargo Credit Analyst Salary

1 - 6 years exp. (54 salaries)

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₹3.8 L/yr - ₹15.5 L/yr

arrow icon 165% more
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Aditya Birla Capital Credit Analyst Salary

1 - 8 years exp. (10 salaries)

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₹4.9 L/yr - ₹17 L/yr

arrow icon 235% more
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Bajaj Finserv Credit Analyst Salary

2 - 6 years exp. (5 salaries)

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₹3.4 L/yr - ₹7 L/yr

arrow icon 77% more
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JM Financial Credit Analyst Salary

0 - 5 years exp. (5 salaries)

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₹10.2 L/yr - ₹22 L/yr

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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 22% less
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Reliance Capital Credit Analyst Salary

1 - 8 years exp. (3 salaries)

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₹1.5 L/yr - ₹2.9 L/yr

arrow icon 38% less
Credit Analyst salary at Magma Housing Finance ranges between ₹3 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 13 latest salaries received from various employees of Magma Housing Finance.

Latest annual salaries shared by Magma Housing Finance Credit Analyst

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Experience wise Magma Housing Finance Credit Analyst salaries

Last Updated: 18 Apr 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.8 L/yr
4 years  (3 salaries)

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₹1.4 L/yr - ₹3.8 L/yr
5 years  (3 salaries)

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₹3 L/yr - ₹6.2 L/yr
6 years  (3 salaries)

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₹3.2 L/yr - ₹3.8 L/yr

Similar Designation salaries in Magma Housing Finance

Credit Manager Salary
(14 salaries)
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₹3.5 L/yr - ₹10.5 L/yr
Business Analyst Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr
Team Lead Salary
(4 salaries)
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₹4.4 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Accountant Salary
(AmbitionBox Estimate)
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₹4.4 L/yr - ₹5.6 L/yr

Salary related reviews for Magma Housing Finance

2.6

Rated by 4 employees for salary & benefits

Finance & Accounting Department

3.0
  •  posted on 30 Jun 2022

3.0
 for  Salary and Benefits

Likes

Team work and learning experience was really good for a fresher. Politics was the worst one especially by the senior managers.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Politics especially by the senior managers. Few of them even harassed their subordinates.

  • Work-life balance - Poor

Finance & Accounting Department

3.0
  •  posted on 18 May 2021

2.0
 for  Salary and Benefits

Likes

Job security is there but not growth. You will learn many things in first two years.

Dislikes

Depends on department to department. Poor work culture, higher management will give u lots of work by saying you are senior and you have to manage alone the task of two. Poor team management, seniors will put unnecessary pressure. No good compensation, no leadership quality in bosses. Repetitive and laborious job. No one talks about new idea. Your suggestions will not be consider in front of seniors.

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  • Salary - Poor
  • +2 more

Housing Finance Department

5.0
  •  posted on 23 Aug 2020

5.0
 for  Salary and Benefits

Likes

Magma housing finance working culture are good with 100% job satisfaction and job security. Magma help during Covid - 19 lock down through work from home to all employee and after lock down learn all security point like keep mask, keep 3 feet distance, hand wash etc all paint remember to all employee par day. Also Magma housing finance donate some fund in PM Covid - 19 fund which is help for Covid patent. THANKS TO MAGMA FOR GETTING THIS OPPORTUNITY TO ME

read more
  • Salary - Excellent
  • +6 more

Dislikes

Sorry no dislike things

Other Department

1.0
  •  posted on 11 Oct 2020

1.0
 for  Salary and Benefits

Likes

No supporting any employee. Only marketing publicity found transfer for pm account. With employee curshel situation covid19 time. my personal.

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Dislikes

Magma company is super competaion to banks.but heads is very dangers, politics,

  • Salary - Bad
  • +6 more

Home Loan Department

5.0
  •  posted on 22 Jun 2020

5.0
 for  Salary and Benefits

Likes

The company is adaptive toward new and updated technology and changes with the current scenario. Teach a lot to the employee about the policies, work enhancement by their training sessions and empower them to give their best.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Company have decent schedule and work culture but not respected and practice by the team. Late night working, holidays forcefully working, more then 12 hours working, office politics, etc

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  • Work-life balance - Poor
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Magma Housing Finance Credit Analyst Salary FAQs

What is the salary of Credit Analyst at Magma Housing Finance?
Credit Analyst salary at Magma Housing Finance in India ranges between ₹3.0 Lakhs to ₹3.8 Lakhs for experience between 2 years to 6 years. According to our estimates it is 60% less than the average Credit Analyst Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Magma Housing Finance India.
How does the salary of a Credit Analyst at Magma Housing Finance India compare with the average salary range for this job?
The average salary of a Credit Analyst at Magma Housing Finance is 60% less than the average salary of a Credit Analyst in India. To know exact salary insights, login to view.
Which similar companies are paying more than Magma Housing Finance to a Credit Analyst in India?
  • JPMorgan Chase & Co. Credit Analyst Salary - ₹14.8 Lakhs to ₹25.0 Lakhs per year
  • JM Financial Credit Analyst Salary - ₹10.2 Lakhs to ₹22.0 Lakhs per year
  • Aditya Birla Capital Credit Analyst Salary - ₹4.9 Lakhs to ₹17.0 Lakhs per year
  • HDFC Bank Credit Analyst Salary - ₹5.0 Lakhs to ₹18.5 Lakhs per year
  • Wells Fargo Credit Analyst Salary - ₹3.8 Lakhs to ₹15.5 Lakhs per year
What is the salary of a Credit Analyst in companies similar to Magma Housing Finance in India?
  • GIC Housing Finance Credit Analyst Salary - ₹6.7 Lakhs to ₹10.0 Lakhs per year
  • PNB Housing Finance Credit Analyst Salary - ₹2.1 Lakhs to ₹12.1 Lakhs per year
  • Edelweiss Credit Analyst Salary - ₹4.7 Lakhs to ₹8.5 Lakhs per year
  • Can Fin Homes Credit Analyst Salary - ₹2.4 Lakhs to ₹8.2 Lakhs per year
  • Bajaj Finserv Credit Analyst Salary - ₹3.4 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Credit Analyst at Magma Housing Finance in India?
The estimated take-home salary of a Credit Analyst at Magma Housing Finance ranges between ₹24,937 per month to ₹26,377 per month in India. The take-home salary calculation is based on the average Magma Housing Finance Credit Analyst salary in India which ranges between ₹3.0 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Credit Analyst at Magma Housing Finance?
According to AmbitionBox, 100% of the Magma Housing Finance Credit Analysts reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magma Housing Finance Credit Analyst salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 Magma Housing Finance latest salaries received from various employees of Magma Housing Finance.