Spandana Sphoorty Financial Credit Assistant Salaries by 100+ Employees (Updated 2025)

0 - 5 years exp.

₹1 Lakh - ₹4.5 Lakhs

Salary of majority employees

Fixed (75%)

₹1.7 Lakh

Variable (25%)

₹0.6 Lakh

At par with the average Credit Assistant Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting Credit Assistant Salary 0 - 4 years exp. (43 salaries)	₹1 L/yr - ₹4.2 L/yr
Sales & Business Development Credit Assistant Salary 1 - 5 years exp. (15 salaries)	₹1.5 L/yr - ₹3.3 L/yr
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BFSI, Investments & Trading Credit Assistant Salary 0 - 5 years exp. (13 salaries)	₹1.5 L/yr - ₹2.8 L/yr
Customer Success, Service & Operations Credit Assistant Salary 0 - 5 years exp. (13 salaries)	₹1.6 L/yr - ₹4 L/yr
Marketing & Communication Credit Assistant Salary 0 - 2 years exp. (5 salaries)	₹1.9 L/yr - ₹3 L/yr

Last Updated: 19 Feb 2025

Companies similar to Spandana Sphoorty Financial for Credit Assistant

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Assistant Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹2.1 L/yr 12% less
ICICI Bank Credit Assistant Salary 1 - 5 years exp. (8 salaries)	₹1.2 L/yr - ₹2.4 L/yr 17% less
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Axis Bank Credit Assistant Salary 2 years exp. (3 salaries)	₹1.8 L/yr - ₹8 L/yr 84% more
Kotak Mahindra Bank Credit Assistant Salary 2 - 6 years exp. (6 salaries)	₹2 L/yr - ₹2.9 L/yr 11% more
Cholamandalam Investment & Finance Credit Assistant Salary 1 - 8 years exp. (26 salaries)	₹1.5 L/yr - ₹3.1 L/yr 12% more
Kotak Mahindra Prime Credit Assistant Salary 1 - 3 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 9% less
Mahindra Rural Housing Finance Credit Assistant Salary 1 - 3 years exp. (4 salaries)	₹1.4 L/yr - ₹2.3 L/yr 19% less
SMFG India Credit Credit Assistant Salary 2 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.1 L/yr 47% more
Mahindra Finance Credit Assistant Salary 2 - 10 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 36% more

Credit Assistant salary at Spandana Sphoorty Financial ranges between ₹1 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 175 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Credit Assistant salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (19 salaries)	₹1 L/yr - ₹2.4 L/yr
1 year (72 salaries)	₹1.4 L/yr - ₹4.5 L/yr
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2 years (43 salaries)	₹1.1 L/yr - ₹4.2 L/yr
3 years (21 salaries)	₹1.2 L/yr - ₹4 L/yr
4 years (15 salaries)	₹1.1 L/yr - ₹4 L/yr
5 years (5 salaries)	₹2 L/yr - ₹4 L/yr

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From

Credit Assistant

₹

Lakhs/yr

0 - 5 years exp.

Divisional Manager

₹

Lakhs/yr

3 - 18 years exp.

Credit Assistant 0 - 5 years exp.

Branch Manager 2 - 11 years exp.

70% hike

Cluster Manager 1 - 13 years exp.

34% hike

From

1 more level

Credit Assistant

0 - 5 years exp.

Regional Manager

0 - 5 years exp.

Similar Designation salaries in Spandana Sphoorty Financial

Account Assistant Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Senior Associate Salary

(33 salaries)

₹2 L/yr - ₹4.21 L/yr

Process Associate Salary

(7 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Accountant Salary

(8 salaries)

₹1.5 L/yr - ₹5.8 L/yr

Team Lead Salary

(6 salaries)

₹3 L/yr - ₹3.5 L/yr

Sales Executive Salary

(5 salaries)

₹1.5 L/yr - ₹4.32 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Branch Manager Salary

(114 salaries)

₹1.4 L/yr - ₹6.15 L/yr

Sales Officer Salary

(4 salaries)

₹1.1 L/yr - ₹2.75 L/yr

Deputy Manager Salary

(9 salaries)

₹6.65 L/yr - ₹8.4 L/yr

Salary related reviews for Spandana Sphoorty Financial

3.7

Rated by 80 employees for salary & benefits

Credit Assistant in Yemmiganur

Full Time

Finance & Accounting Department

1.0

• posted on 07 Apr 2023

2.0

for Salary and Benefits

Likes

Nothing good in the company after PADAMAJA REDDY Quit

Dislikes

Become worst after change of management from PADMAJA REDDY MADAM Salary was reduced only for CA's from 25k to 18k NO extra TA giving in that No dining allowance They just continously putting pressure on employees to achieve uneven targets WORST WORST WORST Working hours No work life balance in this company there only WORK NO LIFE NOTHING Even you should work on Sundays also Employees should start working from 6am to night 10pm even more sometimes Employees not getting enough pay for their work Spandana without PADMAJA REDDY MADAM is like he'll No employees security nothing They just seeking their profits Every Employee in the company watched how they removed MADAM from the company

Salary - Poor

+5 more

Credit Assistant in Kurnool

Full Time

Finance & Accounting Department

5.0

• posted on 18 Nov 2021

5.0

for Salary and Benefits

Likes

Best salary in mfi's,management takes very much care about employees.Time to time salary will be credited

Salary - Excellent

+5 more

Dislikes

Leaves and working timings but these the working timings in every mfi.Compared to other companies TA also very high

Work-life balance - Bad

Credit Assistant in Malkapur

BFSI, Investments & Trading Department

5.0

• posted on 29 May 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company Policies are good, appraisals are fair and they give good salary hole and bonus every year.

Salary - Excellent

+6 more

Dislikes

No excuse

Accountant in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 20 Oct 2023

3.0

for Salary and Benefits

Likes

I am proud to feel worked on spandana

Skill development - Excellent

+4 more

Dislikes

I worked in spandana 5.8 years but my salary with variable 3.2 lak per anum in my side give small suggestion for management please think about old employees for salaries hike so many employees completed in spandana 4 or 5 years but salaries 3 to 3.5 lak per anum they didn't get any holes and pramotion for that senior employees in freshers giving 3 laks above in that freshers don't have any experience but giving salaries 3 lakhs above what is the difference about experienced employees and freshers both are getting same salaries I am requesting think about senior employees

Branch Manager in Hyderabad / Secunderabad

Customer Success, Service & Operations Department

1.0

• posted on 05 Mar 2021

1.0

for Salary and Benefits

Likes

If you hate your family join spandana sphoorty, No family No week off, only begging infornt of borrowers houses. You can enjoy 24/7 beeging shiftm.... Very wonderfull to work with senior management ... They treat you like a begger infornt of temple... One and only worst never ever after company...

Dislikes

They give you salary like throwing biscuits to dog that too half biscuit....

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Spandana Sphoorty Financial Credit Assistant Salary FAQs

What is the salary of Credit Assistant at Spandana Sphoorty Financial?

Credit Assistant salary at Spandana Sphoorty Financial in India ranges between ₹1.0 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 2% less than the average Credit Assistant Salary in India. Salary estimates are based on 175 latest salaries received from various employees of Spandana Sphoorty Financial India.

How does the salary of a Credit Assistant at Spandana Sphoorty Financial India compare with the average salary range for this job?

The average salary of a Credit Assistant at Spandana Sphoorty Financial is 2% less than the average salary of a Credit Assistant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Spandana Sphoorty Financial to a Credit Assistant in India?

Axis Bank Credit Assistant Salary - ₹1.8 Lakhs to ₹8.0 Lakhs per year
SMFG India Credit Credit Assistant Salary - ₹2.7 Lakhs to ₹4.1 Lakhs per year
Mahindra Finance Credit Assistant Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
Cholamandalam Investment & Finance Credit Assistant Salary - ₹1.5 Lakhs to ₹3.1 Lakhs per year
Kotak Mahindra Bank Credit Assistant Salary - ₹2.0 Lakhs to ₹2.9 Lakhs per year

What is the salary of a Credit Assistant in companies similar to Spandana Sphoorty Financial in India?

Kotak Mahindra Prime Credit Assistant Salary - ₹1.2 Lakhs to ₹2.5 Lakhs per year
HDFC Bank Credit Assistant Salary - ₹2.0 Lakhs to ₹2.1 Lakhs per year
ICICI Bank Credit Assistant Salary - ₹1.2 Lakhs to ₹2.4 Lakhs per year
Mahindra Rural Housing Finance Credit Assistant Salary - ₹1.4 Lakhs to ₹2.3 Lakhs per year

What is the estimated take home salary of a Credit Assistant at Spandana Sphoorty Financial in India?

The estimated take-home salary of a Credit Assistant at Spandana Sphoorty Financial ranges between ₹15,832 per month to ₹17,471 per month in India. The take-home salary calculation is based on the average Spandana Sphoorty Financial Credit Assistant salary in India which ranges between ₹1.0 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Credit Assistant at Spandana Sphoorty Financial?

According to AmbitionBox, 47% of the Spandana Sphoorty Financial Credit Assistants reported a notice period of 1 Month, 35% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 87 responses on AmbitionBox in last 2 years.

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Spandana Sphoorty Financial Credit Assistant Salaries by Location

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Spandana Sphoorty Financial Credit Assistant Salaries

Spandana Sphoorty Financial Credit Assistant salary in India ranges between ₹1 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 175 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.

Spandana Sphoorty Financial Credit Assistant salaries in India (Updated 2025)

Companies similar to Spandana Sphoorty Financial for Credit Assistant

Latest annual salaries shared by Spandana Sphoorty Financial Credit Assistant

Experience wise Spandana Sphoorty Financial Credit Assistant salaries

Similar Designation salaries in Spandana Sphoorty Financial

Salary related reviews for Spandana Sphoorty Financial

Credit Assistant in Yemmiganur

Credit Assistant in Kurnool

Credit Assistant in Malkapur

Accountant in Hyderabad / Secunderabad

Branch Manager in Hyderabad / Secunderabad

Spandana Sphoorty Financial Credit Assistant Salary FAQs

Tell us how to improve this page.

Spandana Sphoorty Financial Credit Assistant Salaries by Location