RAKBANK Credit Officer Salaries by 3 Employees

15 - 20 years exp.

₹14.1 Lakhs - ₹34 Lakhs

Low Confidence

Salary of majority employees

472% more than the average Credit Officer Salary in Banking Companies for 15 - 20 years of experience

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Salaries in different departments

Data Science & Analytics Credit Officer Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹12.7 L/yr - ₹15.5 L/yr
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Customer Success, Service & Operations Credit Officer Salary 20 years exp. (AmbitionBox Estimate)	₹30.6 L/yr - ₹37.4 L/yr

Last Updated: 27 Feb 2024

Companies similar to RAKBANK for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (359 salaries)	₹1.9 L/yr - ₹6 L/yr 79% less
HDFC Bank Credit Officer Salary 1 - 8 years exp. (250 salaries)	₹1.5 L/yr - ₹4 L/yr 88% less
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Utkarsh Small Finance Bank Credit Officer Salary 0 - 5 years exp. (242 salaries)	₹1.5 L/yr - ₹4.1 L/yr 87% less	5 job openings
Axis Bank Credit Officer Salary 0 - 6 years exp. (171 salaries)	₹1.2 L/yr - ₹6.5 L/yr 82% less	1 job opening
RBL Bank Credit Officer Salary 0 - 7 years exp. (167 salaries)	₹1.4 L/yr - ₹4.4 L/yr 87% less
IndusInd Bank Credit Officer Salary 1 - 10 years exp. (131 salaries)	₹1.5 L/yr - ₹4.2 L/yr 86% less
ICICI Bank Credit Officer Salary 0 - 6 years exp. (118 salaries)	₹1.2 L/yr - ₹4.7 L/yr 88% less
Kotak Mahindra Bank Credit Officer Salary 1 - 6 years exp. (96 salaries)	₹1.5 L/yr - ₹4.5 L/yr 87% less
Jana Small Finance Bank Credit Officer Salary 0 - 7 years exp. (50 salaries)	₹1.3 L/yr - ₹3.6 L/yr 88% less
Yes Bank Credit Officer Salary 2 - 10 years exp. (48 salaries)	₹2 L/yr - ₹4 L/yr 87% less
IDFC FIRST Bank Credit Officer Salary 0 - 8 years exp. (41 salaries)	₹2.1 L/yr - ₹4.9 L/yr 86% less
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Bandhan Bank Credit Officer Salary 0 - 9 years exp. (39 salaries)	₹1.3 L/yr - ₹5 L/yr 84% less
City Union Bank Credit Officer Salary 3 - 10 years exp. (23 salaries)	₹3.5 L/yr - ₹12.3 L/yr 65% less
Federal Bank Credit Officer Salary 0 - 6 years exp. (22 salaries)	₹5.3 L/yr - ₹16 L/yr 49% less
Karnataka Bank Credit Officer Salary 3 - 11 years exp. (19 salaries)	₹7 L/yr - ₹12 L/yr 52% less
Union Bank of India Credit Officer Salary 2 - 13 years exp. (18 salaries)	₹6.5 L/yr - ₹19.5 L/yr 40% less
IDBI Bank Credit Officer Salary 0 - 13 years exp. (16 salaries)	₹7 L/yr - ₹18 L/yr 32% less
Canara Bank Credit Officer Salary 7 - 12 years exp. (16 salaries)	₹8 L/yr - ₹19.5 L/yr 38% less
Karur Vysya Bank Credit Officer Salary 8 - 11 years exp. (13 salaries)	₹7.5 L/yr - ₹15 L/yr 51% less
South Indian Bank Credit Officer Salary 1 - 11 years exp. (10 salaries)	₹9 L/yr - ₹15 L/yr 39% less

View all

Credit Officer salary at RAKBANK ranges between ₹14.1 Lakhs to ₹34 Lakhs per year for employees with experience between 15 years to 20 years. Salary estimates are based on 3 latest salaries received from various employees of RAKBANK.

Experience wise RAKBANK Credit Officer salaries

Last Updated: 27 Feb 2024

Experience	Avg Annual Salary
15+ years (3 salaries)	₹14.1 L/yr - ₹34 L/yr
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Similar Designation salaries in RAKBANK

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Associate Vice President Salary

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Salary related reviews for RAKBANK

Business Support Officer in Dubai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It will be a great learning experience for a fresher to join RAKBANK and also to grow simultaneously. RAKBANK will surely develop as better professional.

Skill development - Good

+5 more

Dislikes

Only Salary is a matter of concern rest everything is alright.

Analyst in Ras Al-Khaimah

Banking Department

1.0

• posted on 20 Aug 2022

1.0

for Salary and Benefits

Likes

Paycheck is received on a timely basis as it is a regulated Bank. Good view from the building- you could see how the upper middle class actually lives.

Dislikes

Almost everything, cost cutting measures, no incentives, they expect you to do overtime work for no extra pay.

Salary - Bad

+6 more

Manager Support And Service in Dubai

Customer Success, Service & Operations Department

3.0

• posted on 12 Aug 2020

1.0

for Salary and Benefits

Likes

It's OK, but got laid off just before the pandemic got worse. Didn't get any lay off package was sent on garden leave and was given my notice period salary which was for 3 month salary.

Dislikes

A lot politics, they always need someone to blame

Salary - Bad

+3 more

Manager ICT Infrastructure

Engineering - Hardware & Networks Department

4.0

• posted on 29 Oct 2018

4.0

for Salary and Benefits

Likes

...ly. If you performed well and improved processes one would be suitably rewarded. Salary was good. Employees were encouraged to be forthcoming and innovative. For some key staff work life balance was tight since as I mentioned earlier we were a fast growing bank and it was expected. Regarding politics it was as in other organizations. Please note that I am commenting on the status around the year 2012

Salary - Good

+5 more

Dislikes

There was a disparity between the banking(front end) and back office departments. IT was not given due recognition where financial incentives were on offer. Even if IT had executed complicated projects such as data center relocation at minimal downtime and costs, there was not much appreciation of the scope of work done. This certainly was a big let down to those who really spent long hours.

Brach Operation Manager in Abu Dhabi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Dec 2023

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for Salary and Benefits

Likes

Learning options by L&D team, Very few managers support and appreciate your efforts.

Skill development - Good

Dislikes

Appraisal process not recommended, Job security is not sure, Lack of connection between HR team and Staff which creates a distance and limited understanding about HR policies and procedures. Most of time line managers are advised to communicate the HR policies. It need to be improved. HR direct involvement can help organisation identify efficient talents.

Job security - Poor

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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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RAKBANK Credit Officer Salary FAQs

How the salary growth look like for a Credit Officer at RAKBANK in India?

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

Experience	Average Salary Range
15 years	₹14.1 Lakhs to ₹34.0 Lakhs per year

and so on.

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RAKBANK Credit Officer Salaries

RAKBANK Credit Officer salary in India ranges between ₹14.1 Lakhs to ₹34 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 RAKBANK latest salaries received from various employees of RAKBANK.