Union Bank of India Credit Officer Salaries by 10+ Employees (Updated 2025)

2 - 13 years exp.

₹6.5 Lakhs - ₹19.5 Lakhs

Salary of majority employees

243% 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)	₹6.5 L/yr - ₹19.5 L/yr
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Customer Success, Service & Operations Credit Officer Salary 11 - 13 years exp. (3 salaries)	₹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
State Bank of India Credit Officer Salary 2 - 8 years exp. (31 salaries)	₹8.5 L/yr - ₹17 L/yr 6% less
ICICI Bank Credit Officer Salary 0 - 6 years exp. (118 salaries)	₹1.2 L/yr - ₹4.7 L/yr 80% less
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HDFC Bank Credit Officer Salary 1 - 8 years exp. (252 salaries)	₹1.2 L/yr - ₹4 L/yr 79% less
Axis Bank Credit Officer Salary 0 - 6 years exp. (175 salaries)	₹1.2 L/yr - ₹6.8 L/yr 71% less	1 job opening
Punjab National Bank Credit Officer Salary 0 - 4 years exp. (6 salaries)	₹5.3 L/yr - ₹12 L/yr 14% less
Bank of Baroda Credit Officer Salary 5 - 12 years exp. (106 salaries)	₹6 L/yr - ₹20 L/yr 12% more
Canara Bank Credit Officer Salary 7 - 12 years exp. (16 salaries)	₹8 L/yr - ₹19.5 L/yr 6% more
Kotak Mahindra Bank Credit Officer Salary 1 - 6 years exp. (96 salaries)	₹1.5 L/yr - ₹4.5 L/yr 78% less
IndusInd Bank Credit Officer Salary 1 - 10 years exp. (135 salaries)	₹1.2 L/yr - ₹4.2 L/yr 77% less
Yes Bank Credit Officer Salary 2 - 10 years exp. (50 salaries)	₹2 L/yr - ₹4 L/yr 77% less
Bank of India Credit Officer Salary 0 - 7 years exp. (72 salaries)	₹5 L/yr - ₹14 L/yr 17% less
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IDFC FIRST Bank Credit Officer Salary 0 - 6 years exp. (38 salaries)	₹2.1 L/yr - ₹4.9 L/yr 77% less
Bandhan Bank Credit Officer Salary 0 - 9 years exp. (36 salaries)	₹1.3 L/yr - ₹5 L/yr 73% less
IDBI Bank Credit Officer Salary 0 - 13 years exp. (16 salaries)	₹7 L/yr - ₹18 L/yr 14% more
Standard Chartered Credit Officer Salary 1 - 7 years exp. (16 salaries)	₹1.8 L/yr - ₹4 L/yr 79% less
NatWest Group Credit Officer Salary 1 - 8 years exp. (16 salaries)	₹7.8 L/yr - ₹20 L/yr 15% more
Central Bank of India Credit Officer Salary 3 - 8 years exp. (8 salaries)	₹12.4 L/yr - ₹21.5 L/yr 28% more
Indian Overseas Bank Credit Officer Salary 7 - 12 years exp. (8 salaries)	₹14 L/yr - ₹22 L/yr 23% more
Mizuho Bank Credit Officer Salary 3 - 6 years exp. (7 salaries)	₹7.1 L/yr - ₹8.8 L/yr 39% less
Barclays Credit Officer Salary 3 - 7 years exp. (5 salaries)	₹6.8 L/yr - ₹7.1 L/yr 44% less

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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.

Experience wise Union Bank of India Credit Officer salaries

Last Updated: 28 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹22.4 L/yr
3 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹22.4 L/yr
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4 years (3 salaries)	₹8.5 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.5 L/yr
6 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹19.5 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹22.3 L/yr
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹22.2 L/yr
11 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹15 L/yr
12 years (4 salaries)	₹12 L/yr - ₹15 L/yr
13 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹15 L/yr

View all

Similar Designation salaries in Union Bank of India

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(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Credit Analyst Salary

(4 salaries)

₹14 L/yr - ₹20 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

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Credit Underwriter Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Branch Manager Salary

(99 salaries)

₹6 L/yr - ₹24 L/yr

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Salary related reviews for Union Bank of India

3.0

Rated by 4 employees for salary & benefits

Chief Manager in Mumbai

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.

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

Branch Manager in Rajahmundry

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.

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 .

Work satisfaction - Poor

+1 more

Assistant Manager in Bangalore / Bengaluru

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.

Salary - Poor

+5 more

Manager in Tiruchirappalli

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.

Skill development - Poor

+2 more

Assistant Manager in Guwahati

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.

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.

Work satisfaction - Bad

+2 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Union Bank of India Credit Officer Salary FAQs

What is the salary of Credit Officer at Union Bank of India?

Credit Officer salary at Union Bank of India in India ranges between ₹6.5 Lakhs to ₹19.5 Lakhs for experience between 2 years to 13 years. According to our estimates it is 243% more than the average Credit Officer Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Union Bank of India India.

How does the salary of a Credit Officer at Union Bank of India India compare with the average salary range for this job?

The average salary of a Credit Officer at Union Bank of India is 243% 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 Union Bank of India to a Credit Officer in India?

Central Bank of India Credit Officer Salary - ₹12.4 Lakhs to ₹21.5 Lakhs per year
Indian Overseas Bank Credit Officer Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
NatWest Group Credit Officer Salary - ₹7.8 Lakhs to ₹20.0 Lakhs per year
IDBI Bank Credit Officer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda Credit Officer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Credit Officer in companies similar to Union Bank of India in India?

Canara Bank Credit Officer Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year
Indian Bank Credit Officer Salary - ₹9.0 Lakhs to ₹12.5 Lakhs per year
State Bank of India Credit Officer Salary - ₹8.5 Lakhs to ₹17.0 Lakhs per year
Punjab National Bank Credit Officer Salary - ₹5.3 Lakhs to ₹12.0 Lakhs per year
Bank of India Credit Officer Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year

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 ranges between ₹87,904 per month to ₹90,211 per month in India. The take-home salary calculation is based on the average Union Bank of India Credit Officer salary in India which ranges between ₹6.5 Lakhs to ₹19.5 Lakhs per year for employees with experience between 2 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Credit Officer at Union Bank of India?

According to AmbitionBox, 88% of the Union Bank of India Credit Officers reported a notice period of 3 Months, 12% reported a notice period of 2 Months.This is based on 16 responses on AmbitionBox in last 2 years.

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Union Bank of India Credit Officer Salaries by Location

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Union Bank of India Credit Officer Salaries

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