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Union Bank of India Credit Officer salaries in India

Annual salary range
2 - 13 years exp.
₹6.5 Lakhs - ₹19.5 Lakhs
Salary of majority employees
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242% more than the average Credit Officer Salary in Banking Companies for 2 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Officer Salary
2 - 8 years exp. (5 salaries)
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₹6.5 L/yr - ₹19.5 L/yr

Customer Success, Service & Operations
Credit Officer Salary
11 - 13 years exp. (3 salaries)
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₹11.9 L/yr - ₹15 L/yr

Last Updated: 28 Nov 2024

Companies similar to Union Bank of India for Credit Officer

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

1 - 8 years exp. (250 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 79% less
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Axis Bank Credit Officer Salary

0 - 6 years exp. (171 salaries)

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₹1.2 L/yr - ₹6.5 L/yr

arrow icon 71% less
1 job opening
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IndusInd Bank Credit Officer Salary

1 - 10 years exp. (131 salaries)

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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 77% less
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ICICI Bank Credit Officer Salary

0 - 6 years exp. (118 salaries)

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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 80% less
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Bank of Baroda Credit Officer Salary

5 - 12 years exp. (106 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 14% more
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Kotak Mahindra Bank Credit Officer Salary

1 - 6 years exp. (96 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 78% less
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Bank of India Credit Officer Salary

0 - 7 years exp. (71 salaries)

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₹4.8 L/yr - ₹14 L/yr

arrow icon 22% less
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IDFC FIRST Bank Credit Officer Salary

0 - 8 years exp. (41 salaries)

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₹2.1 L/yr - ₹4.9 L/yr

arrow icon 76% less
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Bandhan Bank Credit Officer Salary

0 - 9 years exp. (39 salaries)

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₹1.3 L/yr - ₹5 L/yr

arrow icon 73% less
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State Bank of India Credit Officer Salary

2 - 8 years exp. (29 salaries)

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₹8.5 L/yr - ₹17 L/yr

arrow icon 4% less
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IDBI Bank Credit Officer Salary

0 - 13 years exp. (16 salaries)

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₹7 L/yr - ₹18 L/yr

arrow icon 14% more
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Canara Bank Credit Officer Salary

7 - 12 years exp. (16 salaries)

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₹8 L/yr - ₹19.5 L/yr

arrow icon 4% more
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Standard Chartered Credit Officer Salary

1 - 7 years exp. (16 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 79% less
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NatWest Group Credit Officer Salary

1 - 8 years exp. (16 salaries)

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₹7.8 L/yr - ₹20 L/yr

arrow icon 15% more
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Central Bank of India Credit Officer Salary

3 - 8 years exp. (8 salaries)

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₹12.4 L/yr - ₹21.5 L/yr

arrow icon 28% more
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Indian Overseas Bank Credit Officer Salary

7 - 12 years exp. (8 salaries)

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₹11 L/yr - ₹22 L/yr

arrow icon 28% more
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Mizuho Bank Credit Officer Salary

3 - 6 years exp. (7 salaries)

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₹7.1 L/yr - ₹8.8 L/yr

arrow icon 39% less
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Barclays Credit Officer Salary

3 - 7 years exp. (5 salaries)

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₹6.8 L/yr - ₹7.1 L/yr

arrow icon 44% less
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Indian Bank Credit Officer Salary

6 - 8 years exp. (5 salaries)

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₹9 L/yr - ₹12.5 L/yr

arrow icon 4% less
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Allahabad Bank Credit Officer Salary

4 - 7 years exp. (4 salaries)

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₹5.3 L/yr - ₹9.3 L/yr

arrow icon 42% less
View all
Credit Officer salary at Union Bank of India ranges between ₹6.5 Lakhs to ₹19.5 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 18 latest salaries received from various employees of Union Bank of India.

Latest annual salaries shared by Union Bank of India Credit Officer

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13 years exp.
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8 years exp.
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11 years exp.
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12 years exp.
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12 years exp.
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10 years exp.
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7 years exp.
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11 years exp.
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8 years exp.
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9 years exp.

Experience wise Union Bank of India Credit Officer salaries

Last Updated: 28 Nov 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹22.4 L/yr
3 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹22.4 L/yr
4 years  (3 salaries)

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₹8.5 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹12.5 L/yr
6 years (AmbitionBox Estimate)

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₹11.2 L/yr - ₹14.3 L/yr
View all

Similar Designation salaries in Union Bank of India

Credit Manager Salary
(39 salaries)
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₹6.56 L/yr - ₹20 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Credit Analyst Salary
(4 salaries)
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₹14 L/yr - ₹20 L/yr
Senior Credit Officer Salary
(AmbitionBox Estimate)
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₹14 L/yr - ₹17.8 L/yr
Officer Salary
(4 salaries)
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₹1 L/yr - ₹10 L/yr
Credit Underwriter Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Credit Executive Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Branch Manager Salary
(97 salaries)
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₹7 L/yr - ₹24 L/yr
Deputy Manager Salary
(10 salaries)
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₹9 L/yr - ₹16 L/yr
Chief Manager Salary
(156 salaries)
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₹12 L/yr - ₹42 L/yr

Salary related reviews for Union Bank of India

3.0

Rated by 4 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 23 Jan 2025

3.0
 for  Salary and Benefits

Likes

...ork at various departments and locations. Good staff training facility is there. Salary is good.

read more
  • Skill development - Good
  • +3 more

Dislikes

Promotions are limited and salary is not as per Market. Beyond few years we can't stay in one zone which hampers education of kids

read more

BFSI, Investments & Trading Department

3.0
  •  posted on 07 Jan 2019

3.0
 for  Salary and Benefits

Likes

The company allows you fast new challenges every time and you need to completely learn accordingly. We will have good respect in the society.

read more
  • Job security - Excellent
  • +1 more

Dislikes

Growth is fast but the pressure increase multiple times and salary wil be increased very slow. Most of the things are to be managed by one person only and no one will be supporting them . Though few are experienced and highly skilled ,they won't have time to train subordinates .

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

Other Department

1.0
  •  posted on 14 Nov 2024

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...or each others, no work life balance, very old system, very old infra structure. Salary is less compared to corporate, manager and others will behave like there the owners of the bank.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 11 Jun 2024

4.0
 for  Salary and Benefits

Likes

Working with lots of coworkers. Sufficient salary.

  • Salary - Good
  • +1 more

Dislikes

Time taken by the respective department to respond to the field functionary’s concern. No real solutions arrived through discussion. Keeping important things pending.

read more
  • Skill development - Poor
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 01 Jul 2024

3.0
 for  Salary and Benefits

Likes

The Pay is Okay but not at par with other Government jobs. Bank Management and Bank Unions control the Banks Operations. Chaploosis are always favoured by Management and Unions. So becoming a Chaploos is the main skill needed to survive here.

read more

Dislikes

Bank Management pressurizes staff to achieve unrealistic targets. Officers are humiliated in regular Video Conferences. Many Officers have committed suicides in the last FY. Officers can be transferred anywhere in India and Management doesn't care about staffs families.

read more
  • Work satisfaction - Bad
  • +2 more
see more salary related reviews

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Union Bank of India Credit Officer Salary FAQs

What is the salary of Credit Officer at Union Bank of India ?
The average salary of a Credit Officer at Union Bank of India in India typically ranges from ₹6.5 Lakhs to ₹19.5 Lakhs per year, depending on experience (from 2 years to 13 years).

The top 10% of Credit Officer at Union Bank of India earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹19.5 Lakhs per year. Credit Officer Salaries at Union Bank of India 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 10+ Union Bank of India employees in India.
What is the estimated take home salary of a Credit Officer at Union Bank of India in India?
The estimated take-home salary of a Credit Officer at Union Bank of India in India typically ranges from ₹87,904 to ₹90,211 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹19.5 Lakhs per year for employees with experience ranging from 2 years to 13 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 10+ salaries received from various employees of Union Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Union Bank of India for Credit Officer in India?
Central Bank of India ₹12.4 Lakhs to ₹21.5 Lakhs per year
Indian Overseas Bank ₹11.0 Lakhs to ₹22.0 Lakhs per year
NatWest Group ₹7.8 Lakhs to ₹20.0 Lakhs per year
Bank of Baroda ₹6.0 Lakhs to ₹20.0 Lakhs per year
IDBI Bank ₹7.0 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Union Bank of India, depending on the role and experience level.
What is the salary of a Credit Officer in companies similar to Union Bank of India in India?
The salary of a Credit Officer at companies similar to Union Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Canara Bank ₹8.0 Lakhs to ₹19.5 Lakhs per year
Indian Bank ₹9.0 Lakhs to ₹12.5 Lakhs per year
State Bank of India ₹8.5 Lakhs to ₹17.0 Lakhs per year
Punjab National Bank ₹5.3 Lakhs to ₹10.6 Lakhs per year
Bank of India ₹4.8 Lakhs to ₹14.0 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 Union Bank of India in India?
The salary growth for a Credit Officer at Union Bank of India depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Union Bank of India:

Experience Average Salary Range
2 years ₹6.5 Lakhs to ₹22.4 Lakhs per year
3 years ₹7.5 Lakhs to ₹22.4 Lakhs per year
4 years ₹8.5 Lakhs to ₹13.0 Lakhs per year
5 years ₹5.0 Lakhs to ₹12.5 Lakhs per year
and so on.

Tell us how to improve this page.

Union Bank of India Credit Officer salary in India ranges between ₹6.5 Lakhs to ₹19.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Union Bank of India latest salaries received from various employees of Union Bank of India.