Shubham Housing Development Finance Indore Credit Officer Salaries by 7 Employees

2 - 6 years exp.

₹2.1 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

5% less than the average Credit Officer Salary in NBFC Companies for 2 - 6 years of experience

Interested in this particular role?

Last Updated: 14 Mar 2023

Companies similar to Shubham Housing Development Finance for Credit Officer in Indore

Shubham Housing Development Finance Credit Officer Salary

2 - 6 years exp. (7 salaries)

₹2.1 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
MAS Financial Services Credit Officer Salary 1 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4.8 L/yr 22% more
Tata Capital Housing Finance Credit Officer Salary 2 - 4 years exp. (3 salaries)	₹3.4 L/yr - ₹3.5 L/yr 20% more
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AU Small Finance Bank Credit Officer Salary 0 - 6 years exp. (26 salaries)	₹1.7 L/yr - ₹3.5 L/yr 1% more
Capri Global Housing Finance Credit Officer Salary 0 - 5 years exp. (7 salaries)	₹2.3 L/yr - ₹4 L/yr 12% more
Capri Global Capital Credit Officer Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.6 L/yr 4% less

Credit Officer salary at Shubham Housing Development Finance ranges between ₹2.1 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Shubham Housing Development Finance.

Experience wise Shubham Housing Development Finance Credit Officer salaries in Indore

Last Updated: 14 Mar 2023

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 - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr

From

Credit Officer

₹

Lakhs/yr

1 - 7 years exp.

Area Credit Manager

₹

Lakhs/yr

8 - 12 years exp.

Credit Officer

1 - 7 years exp.

Credit Manager

2 - 12 years exp.

63% hike

Branch Credit Manager

3 - 13 years exp.

30% hike

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 Shubham Housing Development Finance

Credit Manager Salary

(7 salaries)

₹2.9 L/yr - ₹5.32 L/yr

Branch Manager Salary

(4 salaries)

₹5.75 L/yr - ₹8.77 L/yr

Salary related reviews for Shubham Housing Development Finance

3.2

Rated by 2 employees for salary & benefits

Credit Officer in Yavatmal

Full Time

Finance & Accounting Department

5.0

• posted on 20 Jun 2019

4.0

for Salary and Benefits

Likes

... to the high career growthness to the day by day in all over market compiteter . There fore good salary packej. To heigh level posting to give the travelling tour the out of station. His organization is good work environment. And all totally work life is good . Thanks..

Salary - Good

+5 more

Dislikes

No any dislike.

Credit Officer in Gurgaon / Gurugram

BFSI, Investments & Trading Department

5.0

• posted on 13 Jan 2022

2.0

for Salary and Benefits

Likes

No person life in shubham company Every month

Skill development - Good

+3 more

Dislikes

Every month 18 to 20 hrs working but no rest for working hours. No salary hick and no other benifit like medical and travel. Every time change policy and no help colleagues.

Salary - Poor

Credit Officer in Kalyan / Dombivli

BFSI, Investments & Trading Department

5.0

• posted on 15 Mar 2018

3.0

for Salary and Benefits

Likes

It's a good company. Profit oriental company. I got promotion from credit officer to credit manager. Got lots of experience regarding satisfactory work. Learn how to complete work within tat

Skill development - Excellent

+5 more

Dislikes

Compensation is decent but growth is slow

Credit Manager in New Delhi

Full Time

Risk Management & Compliance Department

1.0

• posted on 08 Sep 2022

2.0

for Salary and Benefits

Likes

Only like the credit team and credit managment

Dislikes

... Very pethatic condition of IT team. They are not resolved any issue within TAT. Employee Insurance deduct from employee salary. HR gives same salary to a Fresher and to a 3 year experiance person. When a branch team win a cash price in contest than Higher level person hold the branch amount. In the company Higher authority person gives Good salary increments to only relative employees. And Annual bounce of Credit team members only 10K.

Salary - Poor

+4 more

Area Credit Manager in Jodhpur

Full Time

Credit Department

4.0

• posted on 08 Sep 2020

4.0

for Salary and Benefits

Likes

Company always carrying to their employees no any salary deduction during COVID pendamic.

Salary - Good

+6 more

Dislikes

Bonus was bad , atleast credit person's bonus should be good as this department has no any incentive plan, they are work with due diligence with integrity and waiting for bonus after 1years hard work, so company must be think about credit department.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Shubham Housing Development Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Shubham Housing Development Finance in Indore?

The average salary of a Credit Officer at Shubham Housing Development Finance in Indore typically ranges from ₹2.1 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Credit Officer in Indore at Shubham Housing Development Finance earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Credit Officer Salaries at Shubham Housing Development 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 Shubham Housing Development Finance employees in India.

What is the estimated take home salary of a Credit Officer at Shubham Housing Development Finance in Indore?

The estimated take-home salary of a Credit Officer at Shubham Housing Development Finance in Indore typically ranges from ₹20,103 to ₹21,765 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 2 years to 6 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 Shubham Housing Development Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Shubham Housing Development Finance for Credit Officer in India?

MAS Financial Services	₹3.0 Lakhs to ₹4.8 Lakhs per year
Tata Capital Housing Finance	₹3.4 Lakhs to ₹3.5 Lakhs per year
Capri Global Housing Finance	₹2.3 Lakhs to ₹4.0 Lakhs per year
AU Small Finance Bank	₹1.7 Lakhs to ₹3.5 Lakhs per year

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

What is the salary of a Credit Officer in companies similar to Shubham Housing Development Finance in Indore?

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

Capri Global Capital

₹2.0 Lakhs to ₹3.6 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 Shubham Housing Development Finance in Indore?

The salary growth for a Credit Officer at Shubham Housing Development Finance in Indore depends on factors such as experience, performance, and promotions. On average, a Credit Officer in Indore can expect the following growth trajectory at Shubham Housing Development 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 ₹3.3 Lakhs per year
5 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Shubham Housing Development Finance Credit Officer Salaries in Indore

Shubham Housing Development Finance Credit Officer salary in Indore ranges between ₹2.1 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Shubham Housing Development Finance latest salaries received from various employees of Shubham Housing Development Finance.