Poonawalla Fincorp Credit Officer Salaries by 8 Employees (Updated 2025)

1 - 7 years exp.

₹2.4 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹3.1 Lakhs

Variable (0%)

₹0.0

13% less than the average Credit Officer Salary in NBFC Companies for 1 - 7 years of experience

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Last Updated: 4 Jan 2025

Companies similar to Poonawalla Fincorp for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Credit Officer Salary 0 - 6 years exp. (199 salaries)	₹1.2 L/yr - ₹4 L/yr 14% less
Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (164 salaries)	₹1.3 L/yr - ₹4 L/yr 8% less
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Shriram Finance Credit Officer Salary 0 - 7 years exp. (159 salaries)	₹1.2 L/yr - ₹4.5 L/yr 13% less
Sammaan Capital Limited Credit Officer Salary 0 - 6 years exp. (132 salaries)	₹1.8 L/yr - ₹3.9 L/yr 9% less
MAS Financial Services Credit Officer Salary 0 - 9 years exp. (111 salaries)	₹1.5 L/yr - ₹5.3 L/yr 6% more
IIFL Finance Credit Officer Salary 1 - 7 years exp. (56 salaries)	₹1.4 L/yr - ₹4.2 L/yr 8% less
Aavas Financiers Credit Officer Salary 1 - 5 years exp. (53 salaries)	₹1.2 L/yr - ₹4.5 L/yr 2% less
L&T Finance Credit Officer Salary 0 - 5 years exp. (48 salaries)	₹1.5 L/yr - ₹4 L/yr 3% more
SK Finance Limited Credit Officer Salary 1 - 6 years exp. (47 salaries)	₹1.6 L/yr - ₹4.5 L/yr 3% less
Capri Global Capital Credit Officer Salary 0 - 6 years exp. (42 salaries)	₹1.5 L/yr - ₹3.7 L/yr 13% less
Five-Star Business Finance Credit Officer Salary 0 - 6 years exp. (34 salaries)	₹2.3 L/yr - ₹4 L/yr 3% less
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Mahindra Finance Credit Officer Salary 0 - 7 years exp. (33 salaries)	₹1.5 L/yr - ₹3.6 L/yr 17% less
Spandana Sphoorty Financial Credit Officer Salary 0 - 4 years exp. (27 salaries)	₹1.2 L/yr - ₹3.5 L/yr 24% less
Manappuram Finance Credit Officer Salary 1 - 11 years exp. (25 salaries)	₹2.2 L/yr - ₹4.5 L/yr 9% more
Kotak Mahindra Prime Credit Officer Salary 1 - 7 years exp. (19 salaries)	₹1.6 L/yr - ₹2.7 L/yr 27% less
Tata Capital Housing Finance Credit Officer Salary 2 - 7 years exp. (18 salaries)	₹3 L/yr - ₹3.8 L/yr 8% more
Electronica Finance Credit Officer Salary 0 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹4.8 L/yr 7% more
CreditAccess Grameen Credit Officer Salary 0 - 8 years exp. (15 salaries)	₹1.8 L/yr - ₹3.5 L/yr 14% less
Indostar Capital Finance Credit Officer Salary 0 - 7 years exp. (14 salaries)	₹2 L/yr - ₹4.5 L/yr 5% more
TVS Credit Credit Officer Salary 3 - 8 years exp. (10 salaries)	₹2 L/yr - ₹4.1 L/yr 25% less

View all

Credit Officer salary at Poonawalla Fincorp ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 8 latest salaries received from various employees of Poonawalla Fincorp.

Experience wise Poonawalla Fincorp Credit Officer salaries

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
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3 years (4 salaries)	₹2.4 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.2 L/yr

View all

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Area Credit Manager Salary

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Salary related reviews for Poonawalla Fincorp

4.0

Rated by 2 employees for salary & benefits

Sales Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 02 Aug 2023

4.0

for Salary and Benefits

Likes

The salary benifits such as incentive is good

Salary - Good

Dislikes

The work culture of the company is very bad the way boss talk with there employes are worst they even call at mid night and shout with out any reason they do the same thing whole day.

Job security - Poor

+4 more

Sales Manager in Agra

Full Time

Sales & Business Development Department

2.0

• posted on 29 Oct 2023

5.0

for Salary and Benefits

Likes

Salary on time

Salary - Excellent

+1 more

Dislikes

HR is only for hiring. Lot of pressure for target. After 20th of every month, you have to come to the office and work even on holidays, and you don't get any compensation for it. But this culture has now become common across all NBFC .

Job security - Poor

+2 more

Deputy Manager in Begusarai

Other Department

5.0

• posted on 22 Sep 2019

4.0

for Salary and Benefits

Likes

Yes, Good culture in magma with all vertical.

Salary - Good

+6 more

Dislikes

Some times to see some here is no value for our old staff. Same position working and good performance giving after that new staff salary is high and old staff has to low. request to our management at list keep near. other this staff demotivate. pls need to revise. if any one person work with organisation from long time this is not good.

Senior Manager in Pune

Full Time

Data Science & Analytics Department

1.0

• posted on 08 Jan 2025

3.0

for Salary and Benefits

Likes

only infra structure which looks great.

Job security - Good

Dislikes

...om home after dinner... so you endup closing at least 11.30-12 if not 1.30-2 AM. no salary hikes as compared to work done, failed promises, they will promise you for many things but wont fulfill anything. You might end up with high blood pressure or sugar issues

Skill development - Bad

+3 more

Business Analyst in Pune

Full Time

Product Management Department

3.0

• posted on 04 Jan 2025

3.0

for Salary and Benefits

Likes

Very bad experience, there is no equality at all, some persons (management's favourite) and some women's are paid to much , even they don't do their regular works and also promoted earlier as compared to hardworking employees. Employees who exaggerate their work and takes time more than enough to complete a tsk are really appreciated but the one who completes task before time giving his best, is considered as an average employee.

Dislikes

Company only raises salary for those who who are at higher positions who don't know how systems and processes works on ground and they only works on excel and only replies mails and are paid more than 10-15 times than a hardworking employe who really helps the company in growing business, and all appreciation goes to your boss and thier favourite ones and all other are neglected.

Promotions - Poor

+2 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Poonawalla Fincorp Credit Officer Salary FAQs

What is the salary of Credit Officer at Poonawalla Fincorp ?

The average salary of a Credit Officer at Poonawalla Fincorp in India typically ranges from ₹2.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Credit Officer at Poonawalla Fincorp earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Credit Officer Salaries at Poonawalla Fincorp 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 8 Poonawalla Fincorp employees in India.

What is the estimated take home salary of a Credit Officer at Poonawalla Fincorp in India?

The estimated take-home salary of a Credit Officer at Poonawalla Fincorp in India typically ranges from ₹22,654 to ₹24,128 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year 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 8 salaries received from various employees of Poonawalla Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Poonawalla Fincorp for Credit Officer in India?

Bharat Financial Inclusion	₹3.0 Lakhs to ₹6.5 Lakhs per year
Ugro Capital	₹3.0 Lakhs to ₹4.6 Lakhs per year
Manappuram Finance	₹2.2 Lakhs to ₹4.5 Lakhs per year
Tata Capital Housing Finance	₹3.0 Lakhs to ₹3.8 Lakhs per year
Electronica Finance	₹2.5 Lakhs to ₹4.8 Lakhs per year

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

What is the salary of a Credit Officer in companies similar to Poonawalla Fincorp in India?

The salary of a Credit Officer at companies similar to Poonawalla Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

MAS Financial Services	₹1.5 Lakhs to ₹5.3 Lakhs per year
Indostar Capital Finance	₹2.0 Lakhs to ₹4.5 Lakhs per year
L&T Finance	₹1.5 Lakhs to ₹4.0 Lakhs per year
Aavas Financiers	₹1.2 Lakhs to ₹4.5 Lakhs per year
Five-Star Business Finance	₹2.3 Lakhs to ₹4.0 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 Officer at Poonawalla Fincorp in India?

The salary growth for a Credit Officer at Poonawalla Fincorp depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Poonawalla Fincorp:

Experience	Average Salary Range
1 year	₹3.0 Lakhs to ₹5.5 Lakhs per year
2 years	₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.8 Lakhs to ₹3.6 Lakhs per year

and so on.

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Poonawalla Fincorp Credit Officer Salaries

Poonawalla Fincorp Credit Officer salary in India ranges between ₹2.4 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Poonawalla Fincorp latest salaries received from various employees of Poonawalla Fincorp.