Oaknorth Bank New Delhi Credit Associate Salaries by 3 Employees

4 - 5 years exp.

₹7 Lakhs - ₹9.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

136% more than the average Credit Associate Salary in Banking Companies for 4 - 5 years of experience

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Last Updated: 9 Mar 2023

Companies similar to Oaknorth Bank for Credit Associate in New Delhi

Oaknorth Bank Credit Associate Salary

4 - 5 years exp. (3 salaries)

₹7 L/yr - ₹9.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Credit Associate Salary 2 - 3 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 62% less
Acuity Knowledge Partners Credit Associate Salary 1 - 4 years exp. (9 salaries)	₹5 L/yr - ₹7 L/yr 27% less
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Ivangel Sales & Services Credit Associate Salary 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr 68% less
Muthoot Homefin India Credit Associate Salary 1 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹3 L/yr 64% less
Hero FinCorp Credit Associate Salary 5 years exp. (3 salaries)	₹4.8 L/yr - ₹7.2 L/yr 35% less

Credit Associate salary at Oaknorth Bank ranges between ₹7 Lakhs to ₹9.2 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Oaknorth Bank.

Experience wise Oaknorth Bank Credit Associate salaries in New Delhi

Last Updated: 9 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr

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Salary related reviews for Oaknorth Bank

Financial Consultant in Gurgaon / Gurugram

Finance Department

1.0

• posted on 10 Dec 2021

1.0

for Salary and Benefits

Likes

Pay is higher than market rate. But other than this, everything is worse.

Dislikes

No job security. No work life balance. One manager who served for years was fired. Another manager resigned after couple of months as he was never allowed to take any leave. Employees are treated as work horses, working till 2 in morning during month end. No training provided. Cutthroat pressure from day 1. Even exit interview is not taken from resigned employees and they make us sign on clearance form that it is taken.

Salary - Bad

+6 more

Associate/Senior Associate -(Nontechnical) in Gurgaon / Gurugram

Credit Underwriting Department

1.0

• posted on 26 Aug 2020

3.0

for Salary and Benefits

Likes

Nothing except the fact that they pay above industry standards

Dislikes

They say they use AI in processing the loans but there is no such thing as AI. They force Credit Analysts to work hastily while they portray as if it is AI (Artificial Intelligence) based lending. Company culture is worst and the kind of work done here doesn't have any demand in the market so switching options are also limited.

Skill development - Poor

+4 more

Vice President in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 14 Feb 2025

4.0

for Salary and Benefits

Likes

The CEOs are trying and have a good product however the UK stakeholder and Indian senior leaders are in a constant tussle for power, neither is ready to budge causing team members to be in a fight or flight mode.

Salary - Good

Dislikes

Leadership in UK are not colaborative they feel they are always right

Skill development - Bad

+4 more

System Engineer in New Delhi

Full Time

IT & Information Security Department

4.0

• posted on 27 Jun 2024

4.0

for Salary and Benefits

Likes

Everything is good with the company buy there is no job security. Company will be fire you anytime they feel. If do not want to take risk then look for alternative. Rest everything is fine. Only thing is no job security.

Salary - Good

+4 more

Dislikes

Hire and fire

Job security - Bad

+1 more

People Operations Manager in Bangalore / Bengaluru

Full Time

Human Resources Department

1.0

• posted on 13 Apr 2021

3.0

for Salary and Benefits

Likes

Nothing except for compensation which was marginally better than the competors.

Dislikes

The work culture was pretty toxic, management did not like hearing your opinions. Absolutely no opportunities given for growth and development. And one day we were just informed out of blue, without any prior warning absolutely that we were being let go.

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Oaknorth Bank Credit Associate Salary FAQs

How the salary growth look like for a Credit Associate at Oaknorth Bank in New Delhi?

The salary growth for a Credit Associate at Oaknorth Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Credit Associate in New Delhi can expect the following growth trajectory at Oaknorth Bank:

Experience	Average Salary Range
4 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
5 years	₹7.7 Lakhs to ₹9.9 Lakhs per year

and so on.

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Oaknorth Bank Credit Associate Salaries in New Delhi

Oaknorth Bank Credit Associate salary in New Delhi ranges between ₹7 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Oaknorth Bank latest salaries received from various employees of Oaknorth Bank.