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the Nainital Bank Credit Officer salaries in India

Annual salary range
1 - 5 years exp.
₹5.6 Lakhs - ₹7.5 Lakhs
Salary of majority employees
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93% more than the average Credit Officer Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 14 Mar 2023

Companies similar to the Nainital Bank for Credit Officer

Company name Avg Annual Salary Open Jobs
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Karnataka Bank Credit Officer Salary

3 - 11 years exp. (19 salaries)

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₹7 L/yr - ₹12 L/yr

arrow icon 42% more
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Karur Vysya Bank Credit Officer Salary

2 - 12 years exp. (30 salaries)

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₹4.5 L/yr - ₹15 L/yr

arrow icon 52% more
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South Indian Bank Credit Officer Salary

1 - 11 years exp. (10 salaries)

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₹9 L/yr - ₹15 L/yr

arrow icon 78% more
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Federal Bank Credit Officer Salary

0 - 6 years exp. (22 salaries)

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₹5.2 L/yr - ₹16 L/yr

arrow icon 55% more
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City Union Bank Credit Officer Salary

3 - 10 years exp. (23 salaries)

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₹3.5 L/yr - ₹12.3 L/yr

arrow icon 5% more
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₹7.5 L/yr - ₹10.5 L/yr

arrow icon 34% more
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Dhanlaxmi Bank Credit Officer Salary

0 - 13 years exp. (9 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 23% less
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CSB Bank Credit Officer Salary

0 - 7 years exp. (12 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 62% less
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DBS Bank Credit Officer Salary

3 - 5 years exp. (4 salaries)

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₹3.8 L/yr - ₹4.8 L/yr

arrow icon 33% less
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Sammaan Capital Limited Credit Officer Salary

0 - 6 years exp. (143 salaries)

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₹1.7 L/yr - ₹3.8 L/yr

arrow icon 59% less
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Easy Home Finance Credit Officer Salary

1 - 4 years exp. (5 salaries)

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₹2.1 L/yr - ₹3.3 L/yr

arrow icon 64% less
Credit Officer salary at the Nainital Bank ranges between ₹5.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 8 latest salaries received from various employees of the Nainital Bank.

Latest annual salaries shared by the Nainital Bank Credit Officer

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Experience wise the Nainital Bank Credit Officer salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.6 L/yr - ₹7.5 L/yr
2 years  (3 salaries)

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₹5.6 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)

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₹6 L/yr - ₹12.5 L/yr
4 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)

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₹7 L/yr - ₹13.5 L/yr

Similar Designation salaries in the Nainital Bank

Credit Manager Salary
(5 salaries)
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₹9 L/yr - ₹11 L/yr
Credit Analyst Salary
(3 salaries)
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₹12 L/yr - ₹13.5 L/yr
Officer Salary
(4 salaries)
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₹7 L/yr - ₹10.5 L/yr
Branch Manager Salary
(19 salaries)
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₹7.5 L/yr - ₹14 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Branch Credit Manager Salary
(AmbitionBox Estimate)
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₹8.3 L/yr - ₹10.6 L/yr
Assistant Credit Manager Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
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₹17 L/yr - ₹33.3 L/yr

Salary related reviews for the Nainital Bank

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 06 Jul 2023

3.0
 for  Salary and Benefits

Likes

...e bank. Bank is running very well and its presence is in just 5 northern states. salary structure is as per IBA norms.

read more

Dislikes

Too much pressure on staff .. no job security.. everyday a new threat from management.. undhe pressure of work without sufficient staff and infrastructure. No-one is there to listen you but many superior are there to harras you

read more
  • Skill development - Bad
    +4 more

Strategic & Top Management Department

4.0
  •  posted on 17 Feb 2019

3.0
 for  Salary and Benefits

Likes

...d not able to compete with other banks due to non upgradation of technology .Salary is based on IBA agreement, no such pressure of work. Learning opportunity is limited. No such travels . BOB is holding 99 % shares and Chairman and COO are on deputation which hampers working, change of frequent policies.

read more
  • Job security - Excellent
    +1 more

Dislikes

Chairman and COO are from BOB and governed by service conditions of BOB ,hence not accountable for working in Nainital Bank . Bank was established in 1922 and total business is app 10000 crore. It is implications of deputation.

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  • Skill development - Poor

Research & Development Department

4.0
  •  posted on 14 Apr 2018

4.0
 for  Salary and Benefits

Likes

...AND,HARYANA.HIMANCHAL PRADESH,JAIPUR) Job security is satisfactory as it's a 98.60% subsidiary of Bank of Baroda and one will be getting a handsome salary. Moreover, in the coming years of 2019-2020 there would be ample of opportunity for in respect of promotions because dozens of employees is at the verge of retirement currently. In addition, you will be getting some credit /operational trainings time to time.

read more
  • Salary - Good
    +5 more

Dislikes

Every organization has some pros and cons, so why not Nainital Bank? No doubt, one will definitely feel the pressure of public and If you are a Branch Manager, there will be more pressure of meeting the quarterly targets of deposits and advances. Moreover, you will be responsibile for generating leads for third party products.

read more

BFSI, Investments & Trading Department

3.0
  •  posted on 31 May 2022

3.0
 for  Salary and Benefits

Likes

Job security is Good but there is no career growth , you may struggle 10 years to get a single promotion. No fastrack promotion. Nothing.

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  • Skill development - Excellent
    +2 more

Dislikes

No Fastrack Promotions , No favourable postings . No career growth . No appreciation for good Work.

  • Promotions - Bad

Other Department

5.0
  •  posted on 11 Aug 2021

5.0
 for  Salary and Benefits

Likes

Since bank is an associate of Bank of Baroda, it has mixed work culture of the both bank. Relations between management, superiors, peers and subordinates are excellent. Salaries are same as in nationalised bank.

read more
  • Salary - Excellent
    +6 more

Dislikes

Small bank but a beautiful bank. Bank is expanding very fast and the prospect of carrer growth is good

see more salary related reviews

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the Nainital Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at the Nainital Bank?
Credit Officer salary at the Nainital Bank in India ranges between ₹5.6 Lakhs to ₹7.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 93% more than the average Credit Officer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of the Nainital Bank India.
How does the salary of a Credit Officer at the Nainital Bank India compare with the average salary range for this job?
The average salary of a Credit Officer at the Nainital Bank is 93% more 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 the Nainital Bank to a Credit Officer in India?
  • South Indian Bank Credit Officer Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
  • Federal Bank Credit Officer Salary - ₹5.2 Lakhs to ₹16.0 Lakhs per year
  • Karur Vysya Bank Credit Officer Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
  • Karnataka Bank Credit Officer Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
  • Tamilnad Mercantile Bank Credit Officer Salary - ₹7.5 Lakhs to ₹10.5 Lakhs per year
What is the salary of a Credit Officer in companies similar to the Nainital Bank in India?
  • City Union Bank Credit Officer Salary - ₹3.5 Lakhs to ₹12.3 Lakhs per year
  • Dhanlaxmi Bank Credit Officer Salary - ₹3.0 Lakhs to ₹9.5 Lakhs per year
  • DBS Bank Credit Officer Salary - ₹3.8 Lakhs to ₹4.8 Lakhs per year
  • Sammaan Capital Limited Credit Officer Salary - ₹1.7 Lakhs to ₹3.8 Lakhs per year
  • CSB Bank Credit Officer Salary - ₹1.5 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Credit Officer at the Nainital Bank in India?
The estimated take-home salary of a Credit Officer at the Nainital Bank ranges between ₹52,220 per month to ₹53,517 per month in India. The take-home salary calculation is based on the average the Nainital Bank Credit Officer salary in India which ranges between ₹5.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

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the Nainital Bank Credit Officer salary in India ranges between ₹5.6 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 the Nainital Bank latest salaries received from various employees of the Nainital Bank.