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New India Co-Op Bank Credit Officer salaries in India

Annual salary range
4 - 6 years exp.
₹2.7 Lakhs - ₹6 Lakhs
Salary of majority employees
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At par with the average Credit Officer Salary in Banking Companies for 4 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Credit Officer Salary
4 - 6 years exp. (3 salaries)
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₹2.7 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Credit Officer Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹6 L/yr

Finance & Accounting
Credit Officer Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 5 Jun 2024

Companies similar to New India Co-Op Bank for Credit Officer

Company name Avg Annual Salary Open Jobs
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Punjab National Bank Credit Officer Salary

1 - 4 years exp. (4 salaries)

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₹5.3 L/yr - ₹12 L/yr

arrow icon 197% more
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State Bank of India Credit Officer Salary

2 - 10 years exp. (38 salaries)

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₹6 L/yr - ₹17 L/yr

arrow icon 236% more
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ICICI Bank Credit Officer Salary

1 - 8 years exp. (96 salaries)

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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 26% less
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HDFC Bank Credit Officer Salary

1 - 8 years exp. (334 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 28% less
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Axis Bank Credit Officer Salary

0 - 6 years exp. (179 salaries)

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₹1.2 L/yr - ₹6.4 L/yr

arrow icon 2% more
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Kotak Mahindra Bank Credit Officer Salary

0 - 6 years exp. (104 salaries)

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₹1.5 L/yr - ₹4.7 L/yr

arrow icon 25% less
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Bank of Baroda Credit Officer Salary

4 - 12 years exp. (139 salaries)

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₹6 L/yr - ₹24 L/yr

arrow icon 282% 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 271% 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 245% more
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IDBI Bank Credit Officer Salary

0 - 14 years exp. (20 salaries)

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₹7 L/yr - ₹20 L/yr

arrow icon 297% more
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₹1.9 L/yr - ₹6 L/yr

arrow icon 19% more
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₹1.1 L/yr - ₹3.7 L/yr

arrow icon 30% less
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RBL Bank Credit Officer Salary

0 - 7 years exp. (172 salaries)

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₹1.4 L/yr - ₹4.4 L/yr

arrow icon 24% less
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IndusInd Bank Credit Officer Salary

1 - 9 years exp. (128 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 22% less
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Yes Bank Credit Officer Salary

2 - 10 years exp. (51 salaries)

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₹1.9 L/yr - ₹4 L/yr

arrow icon 20% 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 25% less
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IDFC FIRST Bank Credit Officer Salary

0 - 6 years exp. (39 salaries)

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₹2.1 L/yr - ₹4.9 L/yr

arrow icon 18% less
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Karur Vysya Bank Credit Officer Salary

2 - 12 years exp. (30 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 195% more
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Bandhan Bank Credit Officer Salary

0 - 9 years exp. (37 salaries)

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₹1.3 L/yr - ₹5 L/yr

arrow icon 10% less
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City Union Bank Credit Officer Salary

3 - 10 years exp. (23 salaries)

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₹3.5 L/yr - ₹12.3 L/yr

arrow icon 104% more
View all
Credit Officer salary at New India Co-Op Bank ranges between ₹2.7 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of New India Co-Op Bank.

Latest annual salaries shared by New India Co-Op Bank Credit Officer

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Experience wise New India Co-Op Bank Credit Officer salaries

Last Updated: 5 Jun 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.9 L/yr
5 years  (3 salaries)

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₹2.7 L/yr - ₹6 L/yr
6 years  (3 salaries)

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₹3 L/yr - ₹4.2 L/yr

Similar Designation salaries in New India Co-Op Bank

Credit Manager Salary
(4 salaries)
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₹7 L/yr - ₹8.3 L/yr
Credit Analyst Salary
(6 salaries)
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₹5 L/yr - ₹6.5 L/yr
Senior Credit Officer Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Officer Salary
(114 salaries)
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₹1.85 L/yr - ₹4 L/yr
Branch Manager Salary
(19 salaries)
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₹5 L/yr - ₹9.5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr
Chief Manager Salary
(5 salaries)
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₹7 L/yr - ₹9.5 L/yr
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₹7 L/yr - ₹12 L/yr

Salary related reviews for New India Co-Op Bank

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Apr 2023

1.0
 for  Salary and Benefits

Likes

Good for freshers with no experience. Easy to crack interviews as my colleagues had literally given his interview in marathi.

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Dislikes

Low pay. No appraisal. No work life balance. No skill development as such. Nepotism is prevalent in whole bank and you have to a boss licker to get promotion

read more
  • Salary - Bad
    +5 more

Full Time

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Finance & Accounting Department

1.0
  •  posted on 25 Apr 2024

1.0
 for  Salary and Benefits

Likes

...r of some one important to new india.. he stole 6 lakhs cash from vasai branch.. all the 3 staffs from branch were pressurized to pay giving assurance that the investigation would go on and that all the staff at any cost have to pay... Assuring that if in future the culprit is caught the amount would be recovered.... Continued in dislikes

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Dislikes

...the amount of virar branch from his relative and when i asked about the 6 lakhs. The management said why did you pay if you had not stolen the money. The other reason they gave was if he stole in virar that does not mean he stole the money in vasai branch too... The HR gave me he worst example saying " If a person commits a murder in 1996 and now in 2023 again a murder is occured ... That does not mean he is again the murderer.

read more
  • Salary - Bad
    +6 more

Full Time

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IT & Information Security Department

1.0
  •  posted on 13 May 2024

1.0
 for  Salary and Benefits

Likes

Nothing to like here, It is the worst company you will ever join with all false promises, HR has the highest package All the higher influenced people and authorities have huge salaries and the good working staff has less than ever salary , bootlickers are welcomed here becoz they only do that thing only other than job. No hikes, no promotion nothing is good here

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Dislikes

Head HR is a biggest headache who doesn’t know anything, just giving false examples and promises Every team has a bootlicker who get salary hike without doing any work and the hard worked employees are not paid. KRA is another big problem where you will not be given a good hike instead you will be compared with a security guard saying he can also do this, thats the worst thing you can ever hear from your manager. Salary is also not according to standards Not the designation and also the workplace is good Its full of politics and toxic environment. Ketan Muni is one of the worst guy you will ever see with no knowledge and some Gujarat influence he came to that stage of head of operations. Other than that he is even not eligible to be a officer. Rajiv tiwary is another bootlicker of CEO who had made this bank more worst and becoz of this guy the employees here are resigning

read more
  • Salary - Bad
    +6 more

Full Time

 · 

Consulting Department

3.0
  •  posted on 29 Nov 2022

1.0
 for  Salary and Benefits

Likes

Helps to develop new skills Better career growth Direct access to production Job security

  • Skill development - Excellent
    +2 more

Dislikes

Managers firm (Only manager being listen here) No salary Hikes at all Toxic Team leads (Especially at IT department) Employees have to work on holidays without expecting any compensation. HRD is really very terrible

read more
  • Salary - Bad
    +3 more

Sales & Business Development Department

3.0
  •  posted on 20 Aug 2018

1.0
 for  Salary and Benefits

Likes

Employee are helping and friendly. No leave restrictions.Managers are very understanding

Dislikes

There is no compensation.if you resign before your notice they deduct your salary from your account.eg. notice period is for 3 months and you served only for a month they deduct 2 months of salary from your account. growth is very slow

read more
  • Salary - Bad
    +1 more
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New India Co-Op Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at New India Co-Op Bank?
Credit Officer salary at New India Co-Op Bank in India ranges between ₹2.7 Lakhs to ₹6.0 Lakhs for experience between 4 years to 6 years. According to our estimates it is 1% less than the average Credit Officer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of New India Co-Op Bank India.
How does the salary of a Credit Officer at New India Co-Op Bank India compare with the average salary range for this job?
The average salary of a Credit Officer at New India Co-Op Bank is 1% less 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 New India Co-Op Bank to a Credit Officer in India?
  • Central Bank of India Credit Officer Salary - ₹12.4 Lakhs to ₹21.5 Lakhs per year
  • IDBI Bank Credit Officer Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
  • Bank of Baroda Credit Officer Salary - ₹6.0 Lakhs to ₹24.0 Lakhs per year
  • Canara Bank Credit Officer Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year
  • South Indian Bank Credit Officer Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
What is the salary of a Credit Officer in companies similar to New India Co-Op Bank in India?
  • Union Bank of India Credit Officer Salary - ₹6.5 Lakhs to ₹19.5 Lakhs per year
  • State Bank of India Credit Officer Salary - ₹6.0 Lakhs to ₹17.0 Lakhs per year
  • Federal Bank Credit Officer Salary - ₹5.2 Lakhs to ₹16.0 Lakhs per year
  • Punjab National Bank Credit Officer Salary - ₹5.3 Lakhs to ₹12.0 Lakhs per year
  • Karur Vysya Bank Credit Officer Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Credit Officer at New India Co-Op Bank in India?
The estimated take-home salary of a Credit Officer at New India Co-Op Bank ranges between ₹26,261 per month to ₹27,681 per month in India. The take-home salary calculation is based on the average New India Co-Op Bank Credit Officer salary in India which ranges between ₹2.7 Lakhs to ₹6.0 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Credit Officer at New India Co-Op Bank?
According to AmbitionBox, 75% of the New India Co-Op Bank Credit Officers reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

New India Co-Op Bank Credit Officer salary in India ranges between ₹2.7 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 New India Co-Op Bank latest salaries received from various employees of New India Co-Op Bank.