Spandana Sphoorty Financial Credit Officer Salaries by 20+ Employees (Updated 2025)

0 - 4 years exp.

₹1.2 Lakh - ₹3.5 Lakhs

Salary of majority employees

34% less than the average Credit Officer Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 0 - 4 years exp. (7 salaries)	₹1.2 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Credit Officer Salary 1 - 4 years exp. (3 salaries)	₹1.6 L/yr - ₹2.8 L/yr
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Marketing & Communication Credit Officer Salary 1 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr
Consulting Credit Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.8 L/yr

Last Updated: 14 Mar 2025

Companies similar to Spandana Sphoorty Financial for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Credit Officer Salary 0 - 6 years exp. (199 salaries)	₹1.2 L/yr - ₹4 L/yr 14% more
Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (165 salaries)	₹1.3 L/yr - ₹4 L/yr 19% more
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Shriram Finance Credit Officer Salary 0 - 7 years exp. (159 salaries)	₹1.2 L/yr - ₹4.5 L/yr 15% more
Sammaan Capital Limited Credit Officer Salary 0 - 6 years exp. (131 salaries)	₹1.8 L/yr - ₹3.8 L/yr 23% more
HDB Financial Services Credit Officer Salary 1 - 7 years exp. (119 salaries)	₹1.1 L/yr - ₹4.1 L/yr 13% more
SMFG India Credit Credit Officer Salary 0 - 6 years exp. (100 salaries)	₹1 L/yr - ₹4.5 L/yr 21% more
Muthoot Microfin Credit Officer Salary 0 - 6 years exp. (69 salaries)	₹1.4 L/yr - ₹2.7 L/yr 15% less
IIFL Finance Credit Officer Salary 1 - 7 years exp. (56 salaries)	₹1.4 L/yr - ₹4.2 L/yr 22% more
Aavas Financiers Credit Officer Salary 1 - 5 years exp. (52 salaries)	₹1.5 L/yr - ₹4.5 L/yr 32% more
L&T Finance Credit Officer Salary 0 - 5 years exp. (48 salaries)	₹1.5 L/yr - ₹4 L/yr 36% more

View all

Credit Officer salary at Spandana Sphoorty Financial ranges between ₹1.2 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 27 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Credit Officer salaries

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.2 L/yr
1 year (10 salaries)	₹1.6 L/yr - ₹3.5 L/yr
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2 years (6 salaries)	₹1.2 L/yr - ₹3.5 L/yr
3 years (5 salaries)	₹2.2 L/yr - ₹3 L/yr
4 years (4 salaries)	₹2 L/yr - ₹3.1 L/yr

From

Credit Officer

₹

Lakhs/yr

0 - 4 years exp.

Regional Manager

₹

Lakhs/yr

0 - 5 years exp.

Credit Officer 0 - 4 years exp.

Branch Manager 2 - 9 years exp.

59% hike

Regional Manager 0 - 5 years exp.

36% hike

From

View 2 more levels

Credit Officer

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

Credit Manager Salary

(6 salaries)

₹1.05 L/yr - ₹3.5 L/yr

Sales Officer Salary

(4 salaries)

₹1.1 L/yr - ₹2.75 L/yr

Credit Analyst Salary

(4 salaries)

₹1.2 L/yr - ₹1.6 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Credit Executive Salary

(5 salaries)

₹2.4 L/yr - ₹3.1 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Branch Manager Salary

(152 salaries)

₹1.4 L/yr - ₹6.05 L/yr

Deputy Manager Salary

(9 salaries)

₹6.65 L/yr - ₹8.4 L/yr

Sales Manager Salary

(5 salaries)

₹2.4 L/yr - ₹5 L/yr

Branch Credit Manager Salary

(3 salaries)

₹2.1 L/yr - ₹2.1 L/yr

Salary related reviews for Spandana Sphoorty Financial

4.0

Rated by 25 employees for salary & benefits

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

Branch Manager

Customer Success, Service & Operations Department

5.0

• posted on 26 Nov 2019

5.0

for Salary and Benefits

Likes

There is salary and appraisal are done with comfortable and learning some trick to crack the any uncomfortable situation.how to over come from pressure.

Salary - Excellent

+5 more

Dislikes

growth slow work pressure hihg i have worked 12-14 hours

Branch Manager in Katol

Finance & Accounting Department

5.0

• posted on 01 Aug 2021

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 hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

CLO in Choutuppal

Full Time

Other Department

1.0

• posted on 26 Feb 2025

1.0

for Salary and Benefits

Likes

Incentives.

Dislikes

Not attractive salary but incentives are good. Work pressure is too much it causes health issues to us. Work begins morning 6:30 am and ends 10.O clock pm. Very work torcher in this company.

Salary - Bad

+6 more

Business Development Executive in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 30 Sep 2024

1.0

for Salary and Benefits

Likes

Only Job security. Bad projects and no future prospects after working here, so they are looking for manual workers.

Dislikes

No hike, politics, unprofessional behaviour, difficult getting leaves, expected to stay late and work after officr hours

Salary - Bad

+5 more

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Spandana Sphoorty Financial Credit Officer Salary FAQs

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

The average salary of a Credit Officer at Spandana Sphoorty Financial in India typically ranges from ₹1.2 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Credit Officer at Spandana Sphoorty Financial earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Credit Officer 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 20+ Spandana Sphoorty Financial employees in India.

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

The estimated take-home salary of a Credit Officer at Spandana Sphoorty Financial in India typically ranges from ₹16,538 to ₹18,239 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.5 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 20+ 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 Officer in India?

Bharat Financial Inclusion	₹3.0 Lakhs to ₹6.5 Lakhs per year
Bajaj Finance	₹1.9 Lakhs to ₹5.5 Lakhs per year
Manappuram Finance	₹2.2 Lakhs to ₹4.5 Lakhs per year
Tata Capital Housing Finance	₹3.0 Lakhs to ₹3.8 Lakhs per year
L&T Finance	₹1.5 Lakhs to ₹4.0 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.

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

The salary of a Credit Officer at companies similar to Spandana Sphoorty Financial in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Fincorp	₹2.4 Lakhs to ₹3.5 Lakhs per year
Aavas Financiers	₹1.5 Lakhs to ₹4.5 Lakhs per year
Five-Star Business Finance	₹2.3 Lakhs to ₹4.0 Lakhs per year
SK Finance Limited	₹1.6 Lakhs to ₹4.5 Lakhs per year
Ess Kay Fincorp	₹2.0 Lakhs to ₹3.5 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 Spandana Sphoorty Financial in India?

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

Experience	Average Salary Range
Fresher	₹0.9 Lakhs to ₹3.2 Lakhs per year
1 year	₹1.6 Lakhs to ₹3.5 Lakhs per year
2 years	₹1.2 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.2 Lakhs to ₹3.0 Lakhs per year

and so on.

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Spandana Sphoorty Financial Credit Officer Salaries by Location

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Spandana Sphoorty Financial Credit Officer Salaries

Spandana Sphoorty Financial Credit Officer salary in India ranges between ₹1.2 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.

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

Companies similar to Spandana Sphoorty Financial for Credit Officer

Latest annual salaries shared by Spandana Sphoorty Financial Credit Officer

Experience wise Spandana Sphoorty Financial Credit Officer salaries

Similar Designation salaries in Spandana Sphoorty Financial

Salary related reviews for Spandana Sphoorty Financial

Branch Manager in Hyderabad / Secunderabad

Branch Manager

Branch Manager in Katol

CLO in Choutuppal

Business Development Executive in Hyderabad / Secunderabad

Spandana Sphoorty Financial Credit Officer Salary FAQs

Tell us how to improve this page.

Spandana Sphoorty Financial Credit Officer Salaries by Location