Spandana Sphoorty Financial Bangalore / Bengaluru Credit Assistant Salaries by 8 Employees

0 - 4 years exp.

₹1.5 Lakh - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Credit Assistant Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Credit Assistant Salary 0 - 1 year exp. (3 salaries)	₹1.5 L/yr - ₹3 L/yr
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Sales & Business Development Credit Assistant Salary 4 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 15 Dec 2024

Companies similar to Spandana Sphoorty Financial for Credit Assistant in Bangalore / Bengaluru

Spandana Sphoorty Financial Credit Assistant Salary

0 - 4 years exp. (8 salaries)

₹1.5 L/yr - ₹4.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Indostar Capital Finance Credit Assistant Salary 4 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹5.8 L/yr 122% more
Login to view exact salary
Cholamandalam Investment & Finance Credit Assistant Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.6 L/yr 11% more

Credit Assistant salary at Spandana Sphoorty Financial ranges between ₹1.5 Lakh to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Credit Assistant salaries in Bangalore / Bengaluru

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
1 year (5 salaries)	₹1.5 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

From

Credit Assistant

₹

Lakhs/yr

0 - 4 years exp.

Regional Manager

₹

Lakhs/yr

0 - 5 years exp.

Credit Assistant 0 - 4 years exp.

Branch Manager 2 - 9 years exp.

68% hike

Regional Manager 0 - 5 years exp.

37% hike

From

View 2 more levels

Credit Assistant

0 - 4 years exp.

Divisional Manager

3 - 18 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 Spandana Sphoorty Financial

Branch Manager Salary

(7 salaries)

₹2.7 L/yr - ₹5.4 L/yr

Salary related reviews for Spandana Sphoorty Financial

4.0

Rated by 1 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

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Spandana Sphoorty Financial Credit Assistant Salary FAQs

What is the salary of Credit Assistant at Spandana Sphoorty Financial in Bangalore / Bengaluru?

The average salary of a Credit Assistant at Spandana Sphoorty Financial in Bangalore / Bengaluru typically ranges from ₹1.5 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Credit Assistant in Bangalore / Bengaluru at Spandana Sphoorty Financial earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Credit Assistant Salaries at Spandana Sphoorty Financial 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 8 Spandana Sphoorty Financial employees in India.

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

The estimated take-home salary of a Credit Assistant at Spandana Sphoorty Financial in Bangalore / Bengaluru typically ranges from ₹15,573 to ₹17,190 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 4 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 8 salaries received from various employees of Spandana Sphoorty Financial. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Spandana Sphoorty Financial for Credit Assistant in India?

Indostar Capital Finance	₹4.5 Lakhs to ₹5.8 Lakhs per year
Cholamandalam Investment & Finance	₹2.0 Lakhs to ₹2.6 Lakhs per year

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

How the salary growth look like for a Credit Assistant at Spandana Sphoorty Financial in Bangalore / Bengaluru?

The salary growth for a Credit Assistant at Spandana Sphoorty Financial in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Credit Assistant in Bangalore / Bengaluru can expect the following growth trajectory at Spandana Sphoorty Financial:

Experience	Average Salary Range
Fresher	₹1.9 Lakhs to ₹2.5 Lakhs per year
1 year	₹1.5 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.6 Lakhs per year

and so on.

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Spandana Sphoorty Financial Credit Assistant Salaries in Bangalore / Bengaluru

Spandana Sphoorty Financial Credit Assistant salary in Bangalore / Bengaluru ranges between ₹1.5 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.