Shriram Finance Mumbai Credit Officer Salaries by 7 Employees (Updated 2025)

2 - 7 years exp.

₹2 Lakhs - ₹3.6 Lakhs

Salary of majority employees

37% less than the average Credit Officer Salary in NBFC Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 3 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹3.6 L/yr
Finance & Accounting Credit Officer Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.2 L/yr
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Risk Management & Compliance Credit Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.3 L/yr

Last Updated: 27 Jan 2025

Companies similar to Shriram Finance for Credit Officer in Mumbai

Shriram Finance Credit Officer Salary

2 - 7 years exp. (7 salaries)

₹2 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Sammaan Capital Limited Credit Officer Salary 1 - 7 years exp. (28 salaries)	₹2 L/yr - ₹3.5 L/yr 5% more
L&T Finance Credit Officer Salary 0 - 6 years exp. (13 salaries)	₹2.2 L/yr - ₹3.8 L/yr 17% more
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HDB Financial Services Credit Officer Salary 1 - 7 years exp. (7 salaries)	₹2 L/yr - ₹3.7 L/yr 2% less
Muthoot Fincorp Credit Officer Salary 0 - 5 years exp. (6 salaries)	₹1.9 L/yr - ₹4 L/yr 6% more
Aavas Financiers Credit Officer Salary 4 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 27% more
IIFL Finance Credit Officer Salary 2 - 6 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 3% more
Ugro Capital Credit Officer Salary 0 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹4.6 L/yr 39% more

Credit Officer salary at Shriram Finance ranges between ₹2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Credit Officer salaries in Mumbai

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

View all

From

Credit Officer

0 - 7 years exp.

Branch Manager

2 - 14 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Shriram Finance

Deputy Manager Salary

(20 salaries)

₹3.84 L/yr - ₹7.56 L/yr

Officer Salary

(5 salaries)

₹2.65 L/yr - ₹3.35 L/yr

Credit Manager Salary

(3 salaries)

₹5.8 L/yr - ₹8.7 L/yr

Credit Analyst Salary

(3 salaries)

₹2.35 L/yr - ₹3.3 L/yr

Salary related reviews for Shriram Finance

1.0

Rated by 1 employees for salary & benefits

Credit Officer in Raichur

Finance & Accounting Department

4.0

• posted on 15 Aug 2018

2.0

for Salary and Benefits

Likes

Company providing very very less salary for executive cader employees, actual work will done by executive cader employees but salary is very very less. BM and higher authority always busy in dirty politics

Skill development - Good

+2 more

Dislikes

Company is providing very very less salary it's against labor law.

Salary - Poor

+1 more

Branch Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 17 Feb 2025

1.0

for Salary and Benefits

Likes

...will safe gaurd his Relatives. With out intimation will mark Attendance Absent. And will deduct salary for Employees in Hyderabad Region. Use and Throw, Culture. Will not give confirmation to sales Team Handling life insurance sector Division.

Dislikes

...ers. Asking repeatedly documents. Unknowingly They will mark Absent Attendance. And will deduct salary. To Sales Team. They will enjoy the psychoisam by doing all those activity. Fraud Management Cheating Agents Customers. Full of family relationship Employees, only They will grow. Remaining how much you work also no recognition. No career. No company support To Sales team at HYDERABAD Region only politics. Consuming Alchohol and will come to Office and Meetings Fraud Management They are looting Company money by claiming fake bills. And will not work. Simply will spoil Employees career. You should not ask and raise question on those things, They will target you and mark Attendance Absent. And will give false report to Management. State Head will come to office by consuming Alchohol and for Meeting Dail. He is close relative of South Head. Fraud guy simply taking salary Sitting at home.

Salary - Bad

+6 more

Deputy Manager in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jul 2023

4.0

for Salary and Benefits

Likes

Best Working culture, seniors very supportive, friendly, lots of learning, we get a chance to explore ourself, lots of opportunities for learning new things. Equal treatment. Treating as one family.

Salary - Good

+6 more

Dislikes

...nough per year but salary increment is poor. it does not meet our requirements . Salary hike very low.

Branch Manager in Kanpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2023

3.0

for Salary and Benefits

Likes

I am working here last 2 yrs as a Branch manager in life insurance, job security for a long time for good candidates.. Work-life balance and earning so much in life insurance and FD targets.

Job security - Good

+4 more

Dislikes

Salary package short on BM profile

Branch Manager in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

2.0

• posted on 28 May 2023

3.0

for Salary and Benefits

Likes

Company norms, policies and insensitive structure very good.

Company culture - Excellent

Dislikes

Low salary, torcher, no growth, any movement position downfall, no office timings, no holidays ( holidays only formalities purpose, including Sunday also) Some supiriors worst behaviour & mentality, no job guarantee.

Job security - Poor

+1 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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Shriram Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Shriram Finance in Mumbai?

The average salary of a Credit Officer at Shriram Finance in Mumbai typically ranges from ₹2.0 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Credit Officer in Mumbai at Shriram Finance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Credit Officer Salaries at Shriram 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 7 Shriram Finance employees in India.

What is the estimated take home salary of a Credit Officer at Shriram Finance in Mumbai?

The estimated take-home salary of a Credit Officer at Shriram Finance in Mumbai typically ranges from ₹19,583 to ₹21,252 per month. This is based on the average salary range of ₹2.0 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 7 salaries received from various employees of Shriram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Ugro Capital	₹3.8 Lakhs to ₹4.6 Lakhs per year
Aavas Financiers	₹3.0 Lakhs to ₹3.8 Lakhs per year
L&T Finance	₹2.2 Lakhs to ₹3.8 Lakhs per year
Muthoot Fincorp	₹1.9 Lakhs to ₹4.0 Lakhs per year
Sammaan Capital Limited	₹2.0 Lakhs to ₹3.5 Lakhs per year

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

What is the salary of a Credit Officer in companies similar to Shriram Finance in Mumbai?

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

IIFL Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
HDB Financial Services	₹2.0 Lakhs to ₹3.7 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 Shriram Finance in Mumbai?

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

Experience	Average Salary Range
2 years	₹2.5 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Shriram Finance Credit Officer Salaries in Mumbai

Shriram Finance Credit Officer salary in Mumbai ranges between ₹2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Shriram Finance latest salaries received from various employees of Shriram Finance.