Tata Motors Finance Credit Officer Salaries by 7 Employees (Updated 2024)

0 - 4 years exp.

₹1.4 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

37% 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 2 - 3 years exp. (3 salaries)	₹1.4 L/yr - ₹3.1 L/yr
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BFSI, Investments & Trading Credit Officer Salary Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 30 Aug 2023

Companies similar to Tata Motors Finance for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Credit Officer Salary 0 - 6 years exp. (39 salaries)	₹1.5 L/yr - ₹3.4 L/yr 9% more
Bajaj Finance Credit Officer Salary 0 - 5 years exp. (37 salaries)	₹1.9 L/yr - ₹5 L/yr 58% more
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HDFC Bank Credit Officer Salary 1 - 8 years exp. (336 salaries)	₹1.3 L/yr - ₹4 L/yr 18% more
ICICI Bank Credit Officer Salary 0 - 8 years exp. (115 salaries)	₹1.2 L/yr - ₹4.7 L/yr 17% more
Kotak Mahindra Bank Credit Officer Salary 0 - 6 years exp. (106 salaries)	₹1.5 L/yr - ₹4.5 L/yr 18% more
IndusInd Bank Credit Officer Salary 0 - 9 years exp. (132 salaries)	₹1.5 L/yr - ₹4 L/yr 21% more
Axis Bank Credit Officer Salary 0 - 6 years exp. (181 salaries)	₹1.2 L/yr - ₹6.5 L/yr 61% more
Shriram Finance Credit Officer Salary 0 - 9 years exp. (181 salaries)	₹1.2 L/yr - ₹4.5 L/yr 23% more
Muthoot Finance Credit Officer Salary 1 - 5 years exp. (8 salaries)	₹1.7 L/yr - ₹2.4 L/yr 4% less
Mahindra Rural Housing Finance Credit Officer Salary 0 - 8 years exp. (196 salaries)	₹1.6 L/yr - ₹3.5 L/yr 26% more
Sammaan Capital Limited Credit Officer Salary 0 - 8 years exp. (169 salaries)	₹1.7 L/yr - ₹3.9 L/yr 29% more
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Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (167 salaries)	₹1.3 L/yr - ₹4 L/yr 29% more
SMFG India Credit Credit Officer Salary 0 - 7 years exp. (95 salaries)	₹1.6 L/yr - ₹4.4 L/yr 28% more
Aditya Birla Finance Credit Officer Salary 0 - 7 years exp. (68 salaries)	₹2.4 L/yr - ₹5 L/yr 57% more
IIFL Finance Credit Officer Salary 1 - 7 years exp. (58 salaries)	₹1.7 L/yr - ₹4.2 L/yr 38% more
Aavas Financiers Credit Officer Salary 0 - 5 years exp. (57 salaries)	₹1.6 L/yr - ₹4.5 L/yr 34% more
SK Finance Limited Credit Officer Salary 1 - 7 years exp. (49 salaries)	₹1.9 L/yr - ₹4.1 L/yr 38% more
L&T Finance Credit Officer Salary 1 - 6 years exp. (46 salaries)	₹1.8 L/yr - ₹4 L/yr 51% more
Capri Global Capital Credit Officer Salary 0 - 6 years exp. (44 salaries)	₹1.5 L/yr - ₹3.8 L/yr 33% more
Manappuram Finance Credit Officer Salary 1 - 9 years exp. (24 salaries)	₹2.2 L/yr - ₹4.5 L/yr 55% more

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Credit Officer salary at Tata Motors Finance ranges between ₹1.4 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Tata Motors Finance.

Experience wise Tata Motors Finance Credit Officer salaries

Last Updated: 30 Aug 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.9 L/yr
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2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹4 L/yr

Similar Designation salaries in Tata Motors Finance

Credit Manager Salary

(15 salaries)

₹7.1 L/yr - ₹11 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Credit Analyst Salary

(3 salaries)

₹3.72 L/yr - ₹6 L/yr

Officer Salary

(3 salaries)

₹5.2 L/yr - ₹7.1 L/yr

Credit Underwriter Salary

(4 salaries)

₹1.55 L/yr - ₹3.5 L/yr

Credit Executive Salary

(5 salaries)

₹1.75 L/yr - ₹2.85 L/yr

Area Credit Manager Salary

(24 salaries)

₹5.5 L/yr - ₹16 L/yr

Branch Manager Salary

(17 salaries)

₹4.1 L/yr - ₹9 L/yr

Deputy Manager Salary

(28 salaries)

₹5.45 L/yr - ₹12 L/yr

Zonal Credit Manager Salary

(35 salaries)

₹5 L/yr - ₹17.03 L/yr

Salary related reviews for Tata Motors Finance

5.0

Rated by 1 employees for salary & benefits

Regional Sales Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2024

1.0

for Salary and Benefits

Likes

...ts High demand from employee Employee always feels under stress and demotivated. Compensation not good as per standard. Company drive does not match with ground reality. Likes - People learns to survive in worst situation.

Dislikes

Mentioned above

Senior Manager in Thane

Full Time

Administration & Facilities Department

1.0

• posted on 27 Dec 2023

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

... due to flattering and these people do not have caliber to adopt new technology. Manager reports to manager, AVP reports o AVP, and surprise or shock few managers salary is lesser than their reportees. Many employees are by pass their bosses. If you are 45+ than join TATA to just earn salary & get retire. If you are not match yourself with their culture than they will harass you and will force to resign. No proper budgeting, TATA have so much money to spend unnecessary. TATA just using Ratan Tata sir name and survive on goodwill.

Collections Executive in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 28 Jun 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 hike and bonus every year.

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.

Collections Executive in Navi Mumbai

Full Time

Engineering - Software & QA Department

5.0

• posted on 05 Jun 2022

4.0

for Salary and Benefits

Likes

It was a great experience working, also got to learn many more things, and have skilled me to work in any other recovery stream.

Dislikes

Just a bit cons. 1. Comparably low salary - but exciting incentive structure. 2. Too slow process for Career Growth.

Area Operation Manager in Jabalpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2019

4.0

for Salary and Benefits

Likes

Very friendly and working environment, job security is good, if ur in good package then salary grow accordingly.big gap in salary structure in lower and middle mangment. Travel policy excellent, CSR activities goings on regular basis.

Dislikes

Appraisal process.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Tata Motors Finance Credit Officer Salary FAQs

What is the salary of Credit Officer at Tata Motors Finance?

Credit Officer salary at Tata Motors Finance in India ranges between ₹1.4 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 37% less than the average Credit Officer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Tata Motors Finance India.

How does the salary of a Credit Officer at Tata Motors Finance India compare with the average salary range for this job?

The average salary of a Credit Officer at Tata Motors Finance is 37% less than the average salary of a Credit Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Tata Motors Finance to a Credit Officer in India?

Bharat Financial Inclusion Credit Officer Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
Axis Bank Credit Officer Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year
Bajaj Finance Credit Officer Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
Aditya Birla Finance Credit Officer Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Piramal Capital Housing Finance Credit Officer Salary - ₹1.9 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Credit Officer in companies similar to Tata Motors Finance in India?

Manappuram Finance Credit Officer Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
L&T Finance Credit Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Tata Capital Credit Officer Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Poonawalla Fincorp Credit Officer Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
SK Finance Limited Credit Officer Salary - ₹1.9 Lakhs to ₹4.1 Lakhs per year

What is the estimated take home salary of a Credit Officer at Tata Motors Finance in India?

The estimated take-home salary of a Credit Officer at Tata Motors Finance ranges between ₹15,385 per month to ₹16,986 per month in India. The take-home salary calculation is based on the average Tata Motors Finance Credit Officer salary in India which ranges between ₹1.4 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at Tata Motors Finance?

According to AmbitionBox, 67% of the Tata Motors Finance Credit Officers reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Tata Motors Finance Credit Officer Salaries

Tata Motors Finance Credit Officer salary in India ranges between ₹1.4 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.