Protium Finance Credit Officer Salaries by 5 Employees

2 - 7 years exp.

₹2.7 Lakhs - ₹3.6 Lakhs

Salary of majority employees

8% less than the average Credit Officer Salary in Financial Services Companies for 2 - 7 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 2 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹3.6 L/yr
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BFSI, Investments & Trading Credit Officer Salary 6 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.9 L/yr

Last Updated: 23 Nov 2024

Companies similar to Protium Finance for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Edelweiss Credit Officer Salary 0 - 9 years exp. (219 salaries)	₹2 L/yr - ₹4.5 L/yr 3% more
ICICI Home Finance Credit Officer Salary 2 - 7 years exp. (16 salaries)	₹2.1 L/yr - ₹3.8 L/yr 21% less
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Aadhar Housing Finance Credit Officer Salary 0 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹2.9 L/yr 35% less
Axis Direct Credit Officer Salary 1 - 4 years exp. (6 salaries)	₹1.4 L/yr - ₹2.2 L/yr 45% less
SBI Cards & Payment Services Credit Officer Salary 0 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 20% less
JM Financial Credit Officer Salary 0 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr 22% less

Credit Officer salary at Protium Finance ranges between ₹2.7 Lakhs to ₹3.6 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 Protium Finance.

Experience wise Protium Finance Credit Officer salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

View all

Similar Designation salaries in Protium Finance

Credit Manager Salary

(106 salaries)

₹2.75 L/yr - ₹11 L/yr

Sales Officer Salary

(25 salaries)

₹1.5 L/yr - ₹3.2 L/yr

Credit Analyst Salary

(6 salaries)

₹2.5 L/yr - ₹8 L/yr

Officer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Credit Executive Salary

(3 salaries)

₹2.3 L/yr - ₹3.5 L/yr

Area Credit Manager Salary

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₹9.4 L/yr - ₹15.12 L/yr

Branch Manager Salary

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₹8.55 L/yr - ₹12.63 L/yr

Deputy Manager Salary

(43 salaries)

₹2.58 L/yr - ₹8.25 L/yr

Chief Manager Salary

(14 salaries)

₹10.4 L/yr - ₹20 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Salary related reviews for Protium Finance

2.0

Rated by 1 employees for salary & benefits

Branch Credit Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

1.0

• posted on 12 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing much

Dislikes

... getting any appraisal, work life balance is a joke in the company and lays off.employees not only in sales but also in all departments if they want cost cutting and no human touch in this company culture. 0.5/5 rating.

Salary - Bad

+6 more

Senior Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 22 Dec 2023

5.0

for Salary and Benefits

Likes

They offer good salary and office infrastructure is also good.

Salary - Excellent

Dislikes

Job Security is always at stake in Protium. They lay off twice every year along with small layoffs at any given time of year without any strong reason. Even the people holding highest designation micro manage things.

Skill development - Bad

+5 more

Collection Officer in All City

Full Time

Finance & Accounting Department

1.0

• posted on 17 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...d harassment from his manager thn after he treated very bad to give resignation. He jobless for 2 month and salary got only 12k after proper completing notice period also. Dont go for ths company. Otherwise you also suffer same.

Salary - Bad

+6 more

Branch Credit Manager in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

1.0

• posted on 31 Dec 2024

1.0

for Salary and Benefits

Likes

I don't have any positive comments. I have only bad comments. I am suggesting please no one go to protium.

Dislikes

Working at Protium has been a challenging experience. The company lacks proper work-life balance as promised policies like alternate Saturday offs are not implemented, and leave requests, even for personal or festival occasions, are often denied. The management uses inappropriate language and exerts undue pressure on employees, creating a stressful and toxic environment. Promotions and appraisals seem biased, favoring those who conform rather than recognizing genuine hard work. Additionally, customers face issues like high-interest rates, exorbitant processing fees, and unnecessary insurance charges, which damage trust and the company's reputation. Employees here are expected to sacrifice personal life entirely, which is unsustainable. Protium must prioritize employee well-being, fairness, and customer satisfaction to improve its work culture and credibility.

Salary - Bad

+6 more

Branch Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 05 Nov 2024

3.0

for Salary and Benefits

Likes

Good bonus and increments for performers or favorites

Promotions - Good

Dislikes

High rate of interest. Tough credit policies and bad culture in direct channel. favoritism during appraisals...Senior management have lot of attitude and ego...use foul language...ready to compromise on work ethics for business...HR is useless ..never help in recruitment. No one follow branch timing

Skill development - Bad

+1 more

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Protium Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Protium Finance ?

The average salary of a Credit Officer at Protium Finance in India typically ranges from ₹2.7 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Credit Officer at Protium Finance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Credit Officer Salaries at Protium 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 Protium Finance employees in India.

What is the estimated take home salary of a Credit Officer at Protium Finance in India?

The estimated take-home salary of a Credit Officer at Protium Finance in India typically ranges from ₹24,127 to ₹25,579 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.6 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 Protium Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Protium Finance for Credit Officer in India?

Edelweiss

₹2.0 Lakhs to ₹4.5 Lakhs per year

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

What is the salary of a Credit Officer in companies similar to Protium Finance in India?

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

SBI Cards & Payment Services	₹2.2 Lakhs to ₹3.0 Lakhs per year
ICICI Home Finance	₹2.1 Lakhs to ₹3.8 Lakhs per year
JM Financial	₹2.3 Lakhs to ₹3.0 Lakhs per year
Aadhar Housing Finance	₹1.5 Lakhs to ₹2.9 Lakhs per year
Axis Direct	₹1.4 Lakhs to ₹2.2 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 Protium Finance in India?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Protium Finance Credit Officer Salaries

Protium Finance Credit Officer salary in India ranges between ₹2.7 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Protium Finance latest salaries received from various employees of Protium Finance.