Piramal Capital Housing Finance Credit Associate Salaries by 5 Employees

2 - 7 years exp.

₹2.1 Lakhs - ₹2.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

42% less than the average Credit Associate Salary in NBFC Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Associate Salary 2 - 7 years exp. (3 salaries)	₹2.6 L/yr - ₹2.8 L/yr
Customer Success, Service & Operations Credit Associate Salary 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Finance & Accounting Credit Associate Salary 4 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 22 Jun 2023

Companies similar to Piramal Capital Housing Finance for Credit Associate

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Credit Associate Salary 0 - 5 years exp. (75 salaries)	₹1.3 L/yr - ₹2.4 L/yr 29% less
IIFL Finance Credit Associate Salary 1 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 2% less
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Muthoot Finance Credit Associate Salary 3 - 5 years exp. (5 salaries)	₹2.9 L/yr - ₹3.1 L/yr 17% more
SMFG India Credit Credit Associate Salary 2 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹4 L/yr 7% more
Mahindra Finance Credit Associate Salary 2 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹1.9 L/yr 34% less
Tata Capital Credit Associate Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 11% less
Aditya Birla Finance Credit Associate Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 30% more

Credit Associate salary at Piramal Capital Housing Finance ranges between ₹2.1 Lakhs to ₹2.8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Piramal Capital Housing Finance.

Experience wise Piramal Capital Housing Finance Credit Associate salaries

Last Updated: 22 Jun 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

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Salary related reviews for Piramal Capital Housing Finance

Relationship Manager in Gurgaon / Gurugram

Full Time

Home Loan Department

5.0

• posted on 28 Apr 2022

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.

Salary - Excellent

+6 more

Dislikes

Overall good

Management Trainee in Hubli

Full Time

Sales & Marketing Department

5.0

• posted on 18 Jun 2021

4.0

for Salary and Benefits

Likes

Good

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Relationship Manager in Jaipur

SME (Equipment Finance) Department

5.0

• posted on 26 May 2019

3.0

for Salary and Benefits

Likes

Good environment and lots of learning opportunities.

Skill development - Excellent

+5 more

Dislikes

...ity in dhfl it’s good to me I have work in this organization up line is good . Career growth is high, Salary is little bit low but work satisfaction is high

Relationship Manager in Gurgaon / Gurugram

Other Department

5.0

• posted on 22 Dec 2018

1.0

for Salary and Benefits

Likes

All the departments are helpful like credit and opertation and working style is also good better than others. Experience was good .

Skill development - Good

+4 more

Dislikes

Appraisal is too trribal and not a care for hardworking employees. Salary is also too less for experience employee.

Salary - Bad

Branch Sales Manager in Nagpur

Full Time

Sales & Business Development Department

3.0

• posted on 25 Apr 2024

5.0

for Salary and Benefits

Likes

Salary Hike

Salary - Excellent

+1 more

Dislikes

No Job Security. HR come suddenly and take resign same day and say your BGV is incorrect after 6 months. I'm only eating member of family and this happens to me so I jobless for 5.5 months and it's ruins my life 😑😑😑

Skill development - Bad

+4 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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Piramal Capital Housing Finance Credit Associate Salary FAQs

What is the salary of Credit Associate at Piramal Capital Housing Finance ?

The average salary of a Credit Associate at Piramal Capital Housing Finance in India typically ranges from ₹2.1 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Credit Associate at Piramal Capital Housing Finance earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Credit Associate Salaries at Piramal Capital Housing Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Piramal Capital Housing Finance employees in India.

What is the estimated take home salary of a Credit Associate at Piramal Capital Housing Finance in India?

The estimated take-home salary of a Credit Associate at Piramal Capital Housing Finance in India typically ranges from ₹17,984 to ₹19,677 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 2 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Piramal Capital Housing Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Piramal Capital Housing Finance for Credit Associate in India?

Aditya Birla Finance	₹3.0 Lakhs to ₹3.5 Lakhs per year
Muthoot Finance	₹2.9 Lakhs to ₹3.1 Lakhs per year
SMFG India Credit	₹2.2 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Piramal Capital Housing Finance, depending on the role and experience level.

What is the salary of a Credit Associate in companies similar to Piramal Capital Housing Finance in India?

The salary of a Credit Associate at companies similar to Piramal Capital Housing Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance	₹2.0 Lakhs to ₹3.0 Lakhs per year
Tata Capital	₹2.0 Lakhs to ₹2.5 Lakhs per year
Mahindra Rural Housing Finance	₹1.3 Lakhs to ₹2.4 Lakhs per year
Mahindra Finance	₹1.1 Lakhs to ₹1.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Credit Associate at Piramal Capital Housing Finance in India?

The salary growth for a Credit Associate at Piramal Capital Housing Finance depends on factors such as experience, performance, and promotions. On average, a Credit Associate can expect the following growth trajectory at Piramal Capital Housing Finance:

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
5 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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Piramal Capital Housing Finance Credit Associate Salaries

Piramal Capital Housing Finance Credit Associate salary in India ranges between ₹2.1 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Piramal Capital Housing Finance latest salaries received from various employees of Piramal Capital Housing Finance.