Spandana Sphoorty Financial Hyderabad / Secunderabad Credit Officer Salaries by 4 Employees

Select experience

₹1.6 Lakh - ₹2.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Credit Officer Salary in NBFC Companies for 1 year of experience

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Last Updated: 18 Mar 2023

Companies similar to Spandana Sphoorty Financial for Credit Officer in Hyderabad / Secunderabad

Spandana Sphoorty Financial Credit Officer Salary

1 year exp. (4 salaries)

₹1.6 L/yr - ₹2.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Credit Officer Salary 0 - 5 years exp. (20 salaries)	₹1.7 L/yr - ₹3.5 L/yr 14% more
Shriram Finance Credit Officer Salary 0 - 6 years exp. (11 salaries)	₹1.5 L/yr - ₹3.4 L/yr 25% more
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IIFL Finance Credit Officer Salary 2 - 6 years exp. (8 salaries)	₹2.1 L/yr - ₹3.6 L/yr 25% more
Sammaan Capital Limited Credit Officer Salary 2 - 5 years exp. (5 salaries)	₹2.7 L/yr - ₹3.3 L/yr 30% more
HDB Financial Services Credit Officer Salary 1 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹3 L/yr 18% more
Mahindra Finance Credit Officer Salary 3 - 6 years exp. (3 salaries)	₹1.7 L/yr - ₹3.2 L/yr 22% more
SMFG India Credit Credit Officer Salary 1 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹3.3 L/yr 31% more

Credit Officer salary at Spandana Sphoorty Financial ranges between ₹1.6 Lakh to ₹2.4 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Spandana Sphoorty Financial.

Experience wise Spandana Sphoorty Financial Credit Officer salaries in Hyderabad / Secunderabad

Last Updated: 18 Mar 2023

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.6 L/yr - ₹2.4 L/yr
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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.

57% hike

Regional Manager 0 - 5 years exp.

37% 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

Branch Manager Salary

(15 salaries)

₹1.5 L/yr - ₹6 L/yr

Deputy Manager Salary

(5 salaries)

₹6.8 L/yr - ₹8 L/yr

Salary related reviews for Spandana Sphoorty Financial

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

115 participants . poll closed

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Spandana Sphoorty Financial Credit Officer Salary FAQs

What is the salary of Credit Officer at Spandana Sphoorty Financial in Hyderabad / Secunderabad?

The average salary of a Credit Officer at Spandana Sphoorty Financial in Hyderabad / Secunderabad typically ranges from ₹1.6 Lakhs to ₹2.4 Lakhs per year, depending on experience (from 1 year to 1 year).

The top 10% of Credit Officer in Hyderabad / Secunderabad at Spandana Sphoorty Financial earn more than ₹2.4 Lakhs per year, and the top 1% earn over ₹2.4 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 4 Spandana Sphoorty Financial employees in India.

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

The estimated take-home salary of a Credit Officer at Spandana Sphoorty Financial in Hyderabad / Secunderabad typically ranges from ₹15,446 to ₹17,052 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.4 Lakhs per year for employees with experience ranging from 1 year to 1 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 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?

SMFG India Credit	₹2.5 Lakhs to ₹3.3 Lakhs per year
Sammaan Capital Limited	₹2.7 Lakhs to ₹3.3 Lakhs per year
IIFL Finance	₹2.1 Lakhs to ₹3.6 Lakhs per year
Shriram Finance	₹1.5 Lakhs to ₹3.4 Lakhs per year
Mahindra Finance	₹1.7 Lakhs to ₹3.2 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 Hyderabad / Secunderabad?

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

HDB Financial Services	₹1.6 Lakhs to ₹3.0 Lakhs per year
Muthoot Fincorp	₹1.7 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 Hyderabad / Secunderabad?

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

Experience	Average Salary Range
1 year	₹1.6 Lakhs to ₹2.4 Lakhs per year

and so on.

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Spandana Sphoorty Financial Credit Officer Salaries in Hyderabad / Secunderabad

Spandana Sphoorty Financial Credit Officer salary in Hyderabad / Secunderabad ranges between ₹1.6 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Spandana Sphoorty Financial latest salaries received from various employees of Spandana Sphoorty Financial.