Shriram Finance Mumbai Credit Officer Salaries by 10+ Employees (Updated 2024)

2 - 9 years exp.

₹1.8 Lakh - ₹3.6 Lakhs

Salary of majority employees

28% less than the average Credit Officer Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 2 - 9 years exp. (7 salaries)	₹1.8 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Credit Officer Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.6 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: 24 Jan 2024

Companies similar to Shriram Finance for Credit Officer in Mumbai

Shriram Finance Credit Officer Salary

2 - 9 years exp. (11 salaries)

₹1.8 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Officer Salary 1 - 8 years exp. (17 salaries)	₹1.5 L/yr - ₹3.5 L/yr 2% less
ICICI Bank Credit Officer Salary 0 - 9 years exp. (12 salaries)	₹2.5 L/yr - ₹4.5 L/yr 21% more
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Axis Bank Credit Officer Salary 1 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹5 L/yr 29% more
Kotak Mahindra Bank Credit Officer Salary 0 - 6 years exp. (17 salaries)	₹1.5 L/yr - ₹2.9 L/yr 12% less
L&T Finance Credit Officer Salary 1 - 6 years exp. (14 salaries)	₹2.2 L/yr - ₹3.8 L/yr 19% more
Sammaan Capital Limited Credit Officer Salary 1 - 8 years exp. (38 salaries)	₹1.7 L/yr - ₹3.5 L/yr 2% more
Edelweiss Credit Officer Salary 0 - 9 years exp. (67 salaries)	₹2.5 L/yr - ₹4.3 L/yr 20% more
HDB Financial Services Credit Officer Salary 1 - 7 years exp. (5 salaries)	₹1.2 L/yr - ₹3.5 L/yr 3% less
IIFL Finance Credit Officer Salary 2 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 1% less
Muthoot Fincorp Credit Officer Salary 3 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹3.3 L/yr 2% more
Aditya Birla Capital Credit Officer Salary 5 - 6 years exp. (3 salaries)	₹3.1 L/yr - ₹5 L/yr 34% more
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Aavas Financiers Credit Officer Salary 0 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr 10% more

Credit Officer salary at Shriram Finance ranges between ₹1.8 Lakh to ₹3.6 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 11 latest salaries received from various employees of Shriram Finance.

Experience wise Shriram Finance Credit Officer salaries in Mumbai

Last Updated: 24 Jan 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹5 L/yr
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4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.1 L/yr

View all

Similar Designation salaries in Shriram Finance

Deputy Manager Salary

(22 salaries)

₹3.5 L/yr - ₹7.56 L/yr

Officer Salary

(8 salaries)

₹2.3 L/yr - ₹3.35 L/yr

Credit Manager Salary

(4 salaries)

₹3.1 L/yr - ₹8.7 L/yr

Credit Analyst Salary

(3 salaries)

₹2.35 L/yr - ₹3.3 L/yr

Credit Executive Salary

(3 salaries)

₹1.2 L/yr - ₹2.78 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

Dislikes

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

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.

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.

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.

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.

Sales Manager in Karaikudi

Full Time

Human Resources Department

1.0

• posted on 06 Jul 2021

1.0

for Salary and Benefits

Likes

...omotion. You have to work more with team without getting anything from company. Shriram giving morning 7am to night 9pm works for they are giving 8k salary. No promotion letters, No improvements legally, Work under hectic pressure. I got promoted 1year before as a manager, till now I din get any official promotion letter. And i forgot to share one thing, they gave 3700rs as petrol allowances per month but you have to spend minimum 6000rs only for your petrol consumption. Apart from that you have to service the vehicle, tire changing in your own cost. Think before joining in shriram city union finance. There is no likes in this company

Dislikes

See my dislikes in likes box

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Shriram Finance Credit Officer Salary FAQs

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

Credit Officer salary at Shriram Finance in Mumbai ranges between ₹1.8 Lakhs to ₹3.6 Lakhs for experience between 2 years to 9 years. According to our estimates it is 28% less than the average Credit Officer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Shriram Finance Mumbai.

How does the salary of a Credit Officer at Shriram Finance Mumbai compare with the average salary range for this job?

The average salary of a Credit Officer at Shriram Finance is 28% less than the average salary of a Credit Officer in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Shriram Finance to a Credit Officer in Mumbai?

Aditya Birla Capital Credit Officer Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
Axis Bank Credit Officer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
ICICI Bank Credit Officer Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
Edelweiss Credit Officer Salary - ₹2.5 Lakhs to ₹4.3 Lakhs per year
L&T Finance Credit Officer Salary - ₹2.2 Lakhs to ₹3.8 Lakhs per year

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

Aavas Financiers Credit Officer Salary - ₹3.0 Lakhs to ₹3.8 Lakhs per year
Muthoot Fincorp Credit Officer Salary - ₹1.9 Lakhs to ₹3.3 Lakhs per year
Sammaan Capital Limited Credit Officer Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
IIFL Finance Credit Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
HDFC Bank Credit Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year

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 ranges between ₹19,956 per month to ₹21,620 per month in Mumbai. The take-home salary calculation is based on the average Shriram Finance Credit Officer salary in India which ranges between ₹1.8 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at Shriram Finance in Mumbai?

According to AmbitionBox, 100% of the Shriram Finance Credit Officers in Mumbai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Shriram Finance Credit Officer Salaries in Mumbai

Shriram Finance Credit Officer salary in Mumbai ranges between ₹1.8 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Shriram Finance latest salaries received from various employees of Shriram Finance.