SARALA DEVELOPMENT MICROFINANCE Credit Officer Salaries by 6 Employees

0 - 5 years exp.

₹1.1 Lakh - ₹2.3 Lakhs

Salary of majority employees

58% less than the average Credit Officer Salary for 0 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to SARALA DEVELOPMENT MICROFINANCE for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Bank Muscat Credit Officer Salary 1 - 4 years exp. (5 salaries)	₹1.3 L/yr - ₹3.4 L/yr 72% more
Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (359 salaries)	₹1.9 L/yr - ₹6 L/yr 182% more
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Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (277 salaries)	₹1.6 L/yr - ₹4.4 L/yr 103% more	19 job openings
HDFC Bank Credit Officer Salary 1 - 8 years exp. (249 salaries)	₹1.5 L/yr - ₹4 L/yr 71% more
Utkarsh Small Finance Bank Credit Officer Salary 0 - 5 years exp. (242 salaries)	₹1.5 L/yr - ₹4.1 L/yr 74% more	5 job openings

Credit Officer salary at SARALA DEVELOPMENT MICROFINANCE ranges between ₹1.1 Lakh to ₹2.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 6 latest salaries received from various employees of SARALA DEVELOPMENT MICROFINANCE.

Experience wise SARALA DEVELOPMENT MICROFINANCE Credit Officer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.5 L/yr
1 year (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹0.6 L/yr - ₹1.6 L/yr
5 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.3 L/yr

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Similar Designation salaries in SARALA DEVELOPMENT MICROFINANCE

Branch Manager Salary

(9 salaries)

₹1.7 L/yr - ₹2.8 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹0.1 L/yr - ₹0.1 L/yr

Salary related reviews for SARALA DEVELOPMENT MICROFINANCE

1.3

Rated by 3 employees for salary & benefits

EXECUTIVE -TRAINING AND DEVELOPMENT in Kolkata

Full Time

Other Department

1.0

• posted on 04 Oct 2023

1.0

for Salary and Benefits

Likes

Horrible

Dislikes

...this company is The Most ILL BEHAVED and don't have any respect for employees. He is a Psychological Spastic and does not pay employees their deserved salary. He is involved in Financial Frauds. I would recommend not to join this company and ruin ones career. He has forfietted my 12 days salary inspite being confirmed employee and forced to leave before the notice period was completed.

Salary - Bad

+6 more

Assistant General Manager- Internal Audit & Risk Management Officer in Kolkata

Risk Management & Compliance Department

4.0

• posted on 01 Feb 2022

3.0

for Salary and Benefits

Likes

The organisation is steady in its business operations and takea care of regulatory aspects while making business decisions. It has always emsures payments to all stakeholders amd never defaulted. It is always protects employees interest and its customers.

Skill development - Good

+2 more

Dislikes

The organisation is reactive while it had the leadership pool qho can be proactive. Head office execution team lacks domain knowledge and expertise and most of them are taken through reference and now removing the incompetency is very difficult. Management is not ready to change unless it is inevitable. The organisation culture is cost driven and not investment driven.

Head Internal Audit in Kolkata

Finance & Accounting Department

1.0

• posted on 26 Apr 2022

1.0

for Salary and Benefits

Likes

About Sarala , the overall work culture is very bad , they took feedback from resigned employee for filling up the same position

Dislikes

The overall work culture is not good for women employee , there male coleagues are very jealous towards career progression for women

Salary - Bad

+6 more

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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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SARALA DEVELOPMENT MICROFINANCE Credit Officer Salary FAQs

What is the salary of Credit Officer at SARALA DEVELOPMENT MICROFINANCE ?

The average salary of a Credit Officer at SARALA DEVELOPMENT MICROFINANCE in India typically ranges from ₹1.1 Lakhs to ₹2.3 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Credit Officer at SARALA DEVELOPMENT MICROFINANCE earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Credit Officer Salaries at SARALA DEVELOPMENT MICROFINANCE 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 6 SARALA DEVELOPMENT MICROFINANCE employees in India.

What is the estimated take home salary of a Credit Officer at SARALA DEVELOPMENT MICROFINANCE in India?

The estimated take-home salary of a Credit Officer at SARALA DEVELOPMENT MICROFINANCE in India typically ranges from ₹10,324 to ₹11,432 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹2.3 Lakhs per year for employees with experience ranging from Fresher to 5 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 6 salaries received from various employees of SARALA DEVELOPMENT MICROFINANCE. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SARALA DEVELOPMENT MICROFINANCE for Credit Officer in India?

Ujjivan Small Finance Bank	₹1.9 Lakhs to ₹6.0 Lakhs per year
Equitas Small Finance Bank	₹1.6 Lakhs to ₹4.4 Lakhs per year
Utkarsh Small Finance Bank	₹1.5 Lakhs to ₹4.1 Lakhs per year
Bank Muscat	₹1.3 Lakhs to ₹3.4 Lakhs per year
HDFC Bank	₹1.5 Lakhs to ₹4.0 Lakhs per year

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

How the salary growth look like for a Credit Officer at SARALA DEVELOPMENT MICROFINANCE in India?

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

Experience	Average Salary Range
Fresher	₹1.1 Lakhs to ₹1.5 Lakhs per year
1 year	₹1.3 Lakhs to ₹1.7 Lakhs per year
2 years	₹1.3 Lakhs to ₹1.7 Lakhs per year
3 years	₹1.3 Lakhs to ₹2.8 Lakhs per year

and so on.

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SARALA DEVELOPMENT MICROFINANCE Credit Officer Salaries

SARALA DEVELOPMENT MICROFINANCE Credit Officer salary in India ranges between ₹1.1 Lakh to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SARALA DEVELOPMENT MICROFINANCE latest salaries received from various employees of SARALA DEVELOPMENT MICROFINANCE.