The Co-operative Bank Mumbai Credit Officer Salaries by 5 Employees

7 - 11 years exp.

₹7 Lakhs - ₹9 Lakhs

Salary of majority employees

72% more than the average Credit Officer Salary in Banking Companies for 7 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 7 - 11 years exp. (3 salaries)	₹7 L/yr - ₹9 L/yr
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Customer Success, Service & Operations Credit Officer Salary 7 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to The Co-operative Bank for Credit Officer in Mumbai

The Co-operative Bank Credit Officer Salary

7 - 11 years exp. (5 salaries)

₹7 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Credit Officer Salary 1 - 5 years exp. (16 salaries)	₹1.5 L/yr - ₹2.9 L/yr 66% less
ICICI Bank Credit Officer Salary 0 - 7 years exp. (13 salaries)	₹2.5 L/yr - ₹4.5 L/yr 54% less
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IndusInd Bank Credit Officer Salary 1 - 7 years exp. (9 salaries)	₹1.5 L/yr - ₹3.2 L/yr 63% less
Axis Bank Credit Officer Salary 1 - 5 years exp. (8 salaries)	₹2.5 L/yr - ₹5 L/yr 51% less	1 job opening
Deutsche Bank Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹4.6 L/yr - ₹10.4 L/yr 23% more	2 job openings
Mizuho Bank Credit Officer Salary 3 - 6 years exp. (4 salaries)	₹7.4 L/yr - ₹8.8 L/yr 1% more

Credit Officer salary at The Co-operative Bank ranges between ₹7 Lakhs to ₹9 Lakhs per year for employees with experience between 7 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of The Co-operative Bank.

Experience wise The Co-operative Bank Credit Officer salaries in Mumbai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr

Similar Designation salaries in The Co-operative Bank

Officer Salary

(3 salaries)

₹3.5 L/yr - ₹6 L/yr

Salary related reviews for The Co-operative Bank

Branch Manager in S.A.S. Nagar. Punjab

BFSI, Investments & Trading Department

4.0

• posted on 31 Jul 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Bank policies are good and they give good salary. But there is political pressure some time.

Salary - Excellent

+6 more

Dislikes

I never dislike cooperative Bank because my status in my location society is due to bank.

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 04 Aug 2024

4.0

for Salary and Benefits

Likes

... is togetherness and unitynamomgst staff members. Good place to work for ladies. Salary is decent.

Salary - Good

+5 more

Dislikes

Internal politics and bias & preferences. Lagging in technology ugradation. Systems & procedures very orthodox with lot of paper work

Senior Executive in Alibag

Finance & Accounting Department

4.0

• posted on 11 Oct 2019

4.0

for Salary and Benefits

Likes

Learning in bank transaction and account etc, salary satisfied, bank is like my own family.every day we have to different types of customer handle .in that case I am teach how to talk and behaviour of people in my life.

Salary - Good

+6 more

Dislikes

...ot confirmed.every day different we are facing problem in new financial changes.salary growth is slow.

Branch Operation Officer in Vijaypur

Full Time

Finance & Accounting Department

4.0

• posted on 30 Jan 2022

4.0

for Salary and Benefits

Likes

All my worki position and place is good and I am very thank to my stoff for giving good knowledge to us. I am having good working culture and management in my banking nature. And i am very lucky to work there.

Salary - Good

+6 more

Dislikes

Working good but knowledge is not developing here. And I am improving my skills and knowledge.

Clerk in Kopargaon

Intern

Marketing & Communication Department

4.0

• posted on 19 Oct 2024

4.0

for Salary and Benefits

Likes

cooperative banks have a positive, inclusive work culture. Others say that the bank has good people who are passionate about helping the bank.

Salary - Good

+6 more

Dislikes

Some say that salaries are low and don't match market standards

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The Co-operative Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at The Co-operative Bank in Mumbai?

The average salary of a Credit Officer at The Co-operative Bank in Mumbai typically ranges from ₹7.0 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 7 years to 11 years).

The top 10% of Credit Officer in Mumbai at The Co-operative Bank earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Credit Officer Salaries at The Co-operative Bank 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 5 The Co-operative Bank employees in India.

What is the estimated take home salary of a Credit Officer at The Co-operative Bank in Mumbai?

The estimated take-home salary of a Credit Officer at The Co-operative Bank in Mumbai typically ranges from ₹55,796 to ₹57,194 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 7 years to 11 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 5 salaries received from various employees of The Co-operative Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than The Co-operative Bank for Credit Officer in India?

Deutsche Bank	₹4.6 Lakhs to ₹10.4 Lakhs per year
Mizuho Bank	₹7.4 Lakhs to ₹8.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Co-operative Bank, depending on the role and experience level.

What is the salary of a Credit Officer in companies similar to The Co-operative Bank in Mumbai?

The salary of a Credit Officer at companies similar to The Co-operative Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹2.5 Lakhs to ₹5.0 Lakhs per year
ICICI Bank	₹2.5 Lakhs to ₹4.5 Lakhs per year
IndusInd Bank	₹1.5 Lakhs to ₹3.2 Lakhs per year
Kotak Mahindra Bank	₹1.5 Lakhs to ₹2.9 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 The Co-operative Bank in Mumbai?

The salary growth for a Credit Officer at The Co-operative Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Officer in Mumbai can expect the following growth trajectory at The Co-operative Bank:

Experience	Average Salary Range
7 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
8 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
10 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
11 years	₹8.1 Lakhs to ₹10.3 Lakhs per year

and so on.

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The Co-operative Bank Credit Officer Salaries in Mumbai

The Co-operative Bank Credit Officer salary in Mumbai ranges between ₹7 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 The Co-operative Bank latest salaries received from various employees of The Co-operative Bank.