RAKBANK Credit Officer Salaries by 3 Employees (Updated 2025)

15 - 20 years exp.

₹14.1 Lakhs - ₹34 Lakhs

Low Confidence

Salary of majority employees

474% 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
HDFC Bank Credit Officer Salary 1 - 8 years exp. (333 salaries)	₹1.3 L/yr - ₹3.9 L/yr 88% less
ICICI Bank Credit Officer Salary 0 - 6 years exp. (120 salaries)	₹1.2 L/yr - ₹4.7 L/yr 88% less
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Axis Bank Credit Officer Salary 0 - 6 years exp. (175 salaries)	₹1.2 L/yr - ₹6.7 L/yr 82% less
Kotak Mahindra Bank Credit Officer Salary 0 - 6 years exp. (102 salaries)	₹1.5 L/yr - ₹4.5 L/yr 87% less
State Bank of India Credit Officer Salary 2 - 10 years exp. (38 salaries)	₹6 L/yr - ₹17 L/yr 42% less
IndusInd Bank Credit Officer Salary 1 - 8 years exp. (128 salaries)	₹1.2 L/yr - ₹4.2 L/yr 87% less
Yes Bank Credit Officer Salary 1 - 7 years exp. (50 salaries)	₹2 L/yr - ₹4.3 L/yr 86% less
Federal Bank Credit Officer Salary 0 - 6 years exp. (22 salaries)	₹5.2 L/yr - ₹16 L/yr 48% less
IDFC FIRST Bank Credit Officer Salary 0 - 6 years exp. (39 salaries)	₹2.1 L/yr - ₹4.9 L/yr 86% less
Bandhan Bank Credit Officer Salary 0 - 9 years exp. (37 salaries)	₹1.3 L/yr - ₹5 L/yr 84% less
Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (287 salaries)	₹1.9 L/yr - ₹6 L/yr 80% less
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Utkarsh Small Finance Bank Credit Officer Salary 0 - 5 years exp. (244 salaries)	₹1.3 L/yr - ₹3.7 L/yr 88% less
RBL Bank Credit Officer Salary 0 - 7 years exp. (170 salaries)	₹1.4 L/yr - ₹4.4 L/yr 87% less
Jana Small Finance Bank Credit Officer Salary 1 - 7 years exp. (47 salaries)	₹1.3 L/yr - ₹3.5 L/yr 87% less
Karur Vysya Bank Credit Officer Salary 2 - 12 years exp. (30 salaries)	₹4.5 L/yr - ₹15 L/yr 49% less
City Union Bank Credit Officer Salary 3 - 10 years exp. (23 salaries)	₹3.5 L/yr - ₹12.3 L/yr 65% less
IDBI Bank Credit Officer Salary 0 - 14 years exp. (20 salaries)	₹7 L/yr - ₹20 L/yr 31% 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
Canara Bank Credit Officer Salary 7 - 12 years exp. (16 salaries)	₹8 L/yr - ₹19.5 L/yr 36% less

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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

3.0

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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Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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RAKBANK Credit Officer Salary FAQs

What is the notice period for Credit Officer at RAKBANK?

According to AmbitionBox, 50% of the RAKBANK Credit Officers reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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.