South Indian Bank Mumbai Credit Analyst Salaries by 10+ Employees (Updated 2025)

5 - 9 years exp.

₹10.5 Lakhs - ₹18.5 Lakhs

Salary of majority employees

40% more than the average Credit Analyst Salary in Banking Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Analyst Salary 7 - 9 years exp. (5 salaries)	₹12 L/yr - ₹18.5 L/yr
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Finance & Accounting Credit Analyst Salary 8 - 9 years exp. (3 salaries)	₹11 L/yr - ₹14 L/yr

Last Updated: 12 May 2024

Companies similar to South Indian Bank for Credit Analyst in Mumbai

South Indian Bank Credit Analyst Salary

5 - 9 years exp. (11 salaries)

₹10.5 L/yr - ₹18.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Federal Bank Credit Analyst Salary 1 - 8 years exp. (20 salaries)	₹8 L/yr - ₹19 L/yr At par
Karur Vysya Bank Credit Analyst Salary 1 - 9 years exp. (5 salaries)	₹6 L/yr - ₹18 L/yr 23% less
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CSB Bank Credit Analyst Salary 0 - 9 years exp. (10 salaries)	₹7 L/yr - ₹11 L/yr 26% less
DBS Bank Credit Analyst Salary 2 - 10 years exp. (10 salaries)	₹6 L/yr - ₹19 L/yr 1% less
Axis Bank Credit Analyst Salary 0 - 8 years exp. (114 salaries)	₹5.2 L/yr - ₹18 L/yr 21% less	2 job openings
ICICI Bank Credit Analyst Salary 0 - 6 years exp. (110 salaries)	₹5.3 L/yr - ₹20 L/yr 18% less
Kotak Mahindra Bank Credit Analyst Salary 1 - 8 years exp. (59 salaries)	₹5.2 L/yr - ₹18 L/yr 21% less
IndusInd Bank Credit Analyst Salary 0 - 10 years exp. (55 salaries)	₹9.1 L/yr - ₹17.8 L/yr 22% less
HDFC Bank Credit Analyst Salary 0 - 7 years exp. (29 salaries)	₹6.7 L/yr - ₹22.5 L/yr 7% less
IDFC FIRST Bank Credit Analyst Salary 0 - 5 years exp. (29 salaries)	₹3.9 L/yr - ₹14 L/yr 29% less
Yes Bank Credit Analyst Salary 1 - 6 years exp. (21 salaries)	₹2 L/yr - ₹11.3 L/yr 52% less	1 job opening
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IDBI Bank Credit Analyst Salary 6 - 16 years exp. (10 salaries)	₹17.3 L/yr - ₹28 L/yr 48% more
Utkarsh Small Finance Bank Credit Analyst Salary 1 - 10 years exp. (8 salaries)	₹4.5 L/yr - ₹19 L/yr 20% less
RBL Bank Credit Analyst Salary 1 - 4 years exp. (6 salaries)	₹4.3 L/yr - ₹14.8 L/yr 26% less
Canara Bank Credit Analyst Salary 9 - 10 years exp. (3 salaries)	₹13 L/yr - ₹19.4 L/yr 23% more

Credit Analyst salary at South Indian Bank ranges between ₹10.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 11 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Credit Analyst salaries in Mumbai

Last Updated: 12 May 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹22.7 L/yr
6 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
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7 years (4 salaries)	₹12 L/yr - ₹14.5 L/yr
8 years (3 salaries)	₹11 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	₹12 L/yr - ₹18.5 L/yr

Similar Designation salaries in South Indian Bank

Analyst Salary

(3 salaries)

₹9 L/yr - ₹10 L/yr

Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 May 2024

4.0

for Salary and Benefits

Likes

Salary assured for IBA pay scale staff. No assurance for CTC staff. Not sure what will happen in salary for IBA scale staffs in coming years.

Salary - Good

+1 more

Dislikes

Work culture and work life balance adversely affected after introduction of cluster system in 2021. Excellent in alloting huge targets but worst in getting assistance for departments in solving customer complaints. Mental and physical health of staff seriously affected. Threatening messages through WhatsApp. Have to contact customers through personal mobile so that staff has to attend customer while at home and holidays.

Work satisfaction - Bad

+1 more

Officer in Ludhiana

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 May 2024

4.0

for Salary and Benefits

Likes

Salary benefits

Salary - Good

Dislikes

Worst Work Culture,don't waste your potential just for few more money.Huge Target Pressure and Politics, Nepotism at peak only malayali people sit and enjoy being here ,while other staff are tortured , harassed on daily basis.No matter how Educated,good Employee you're if you don't meet their Targets and don't Butter your senior each and every minute.People in Other part of India except kerela don't even know About Bank so think about it how difficult will be To meet Target,even if you meet Targets you have to Butter.If you like to get treated like animal then you guys can join

Skill development - Bad

+5 more

Assistant Manager Operations in Chennai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Jan 2025

5.0

for Salary and Benefits

Likes

Only salary and allowance at par with IBA till date.....

Salary - Excellent

Dislikes

There is no continuous Management at top level sudden changing in the management only orders and circular issuance.There is lot of higher ups to supervise us and sought us No one will come for ground work not recommended for youngsters

Skill development - Poor

+3 more

Probationary Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Jul 2024

3.0

for Salary and Benefits

Likes

Less Pressure Salary, Perks & Other benefit

Dislikes

Words Would be Less to Describe the Disliking Outdated Bank Policies Terrible Management at top No Vision to Serve & Retain Good Customers No Marketing & Promotion Brand Name is hardly Known to people

Skill development - Bad

+4 more

Probationary Officer in Kochi

Full Time

Data Science & Analytics Department

4.0

• posted on 08 Oct 2023

5.0

for Salary and Benefits

Likes

Salary and work structure is just like a Govt. bank. IBA scales are maintained. Also the work life balance is quite decent compared to other private sector banks. Most of the employees are quite young (below 35 years) so that is an added advantage too.

Salary - Excellent

+5 more

Dislikes

Sometime too much of regulations and rules hurt the business

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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South Indian Bank Credit Analyst Salary FAQs

What is the salary of Credit Analyst at South Indian Bank Mumbai?

Credit Analyst salary at South Indian Bank in Mumbai ranges between ₹10.5 Lakhs to ₹18.5 Lakhs for experience between 5 years to 9 years. According to our estimates it is 40% more than the average Credit Analyst Salary in India. Salary estimates are based on 11 latest salaries received from various employees of South Indian Bank Mumbai.

How does the salary of a Credit Analyst at South Indian Bank Mumbai compare with the average salary range for this job?

The average salary of a Credit Analyst at South Indian Bank is 40% more than the average salary of a Credit Analyst in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Credit Analyst in Mumbai?

IDBI Bank Credit Analyst Salary - ₹17.3 Lakhs to ₹28.0 Lakhs per year
Canara Bank Credit Analyst Salary - ₹13.0 Lakhs to ₹19.4 Lakhs per year
Federal Bank Credit Analyst Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year

What is the salary of a Credit Analyst in companies similar to South Indian Bank in Mumbai?

DBS Bank Credit Analyst Salary - ₹6.0 Lakhs to ₹19.0 Lakhs per year
HDFC Bank Credit Analyst Salary - ₹6.7 Lakhs to ₹22.5 Lakhs per year
ICICI Bank Credit Analyst Salary - ₹5.3 Lakhs to ₹20.0 Lakhs per year
Utkarsh Small Finance Bank Credit Analyst Salary - ₹4.5 Lakhs to ₹19.0 Lakhs per year
Axis Bank Credit Analyst Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Credit Analyst at South Indian Bank in Mumbai?

The estimated take-home salary of a Credit Analyst at South Indian Bank ranges between ₹95,552 per month to ₹98,130 per month in Mumbai. The take-home salary calculation is based on the average South Indian Bank Credit Analyst salary in India which ranges between ₹10.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Analyst at South Indian Bank in Mumbai?

According to AmbitionBox, 75% of the South Indian Bank Credit Analysts in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

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South Indian Bank Credit Analyst Salaries in Mumbai

South Indian Bank Credit Analyst salary in Mumbai ranges between ₹10.5 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 South Indian Bank latest salaries received from various employees of South Indian Bank.