Union Bank of India Hyderabad / Secunderabad Credit Officer Salaries by 4 Employees

3 - 5 years exp.

₹7.5 Lakhs - ₹13 Lakhs

Avg. annual salary

Monthly In-hand Salary

190% more than the average Credit Officer Salary in Banking Companies for 3 - 5 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Union Bank of India for Credit Officer in Hyderabad / Secunderabad

Union Bank of India Credit Officer Salary

3 - 5 years exp. (4 salaries)

₹7.5 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Credit Officer Salary 0 - 7 years exp. (11 salaries)	₹1.7 L/yr - ₹5 L/yr 67% less	1 job opening
IndusInd Bank Credit Officer Salary 2 - 7 years exp. (8 salaries)	₹1.6 L/yr - ₹3.7 L/yr 77% less
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State Bank of India Credit Officer Salary 4 - 8 years exp. (6 salaries)	₹8.5 L/yr - ₹13.1 L/yr 2% less
Bank of Baroda Credit Officer Salary 5 - 9 years exp. (6 salaries)	₹9 L/yr - ₹18 L/yr 23% more
Kotak Mahindra Bank Credit Officer Salary 2 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹2.6 L/yr 78% less
ICICI Bank Credit Officer Salary 0 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3.7 L/yr 78% less
IDFC FIRST Bank Credit Officer Salary 1 - 2 years exp. (3 salaries)	₹2.6 L/yr - ₹3 L/yr 74% less

Credit Officer salary at Union Bank of India ranges between ₹7.5 Lakhs to ₹13 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Credit Officer salaries in Hyderabad / Secunderabad

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.5 L/yr
4 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
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5 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr

Similar Designation salaries in Union Bank of India

Chief Manager Salary

(15 salaries)

₹13.5 L/yr - ₹37 L/yr

Deputy Manager Salary

(5 salaries)

₹9 L/yr - ₹12.5 L/yr

Salary related reviews for Union Bank of India

3.0

Rated by 1 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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Union Bank of India Credit Officer Salary FAQs

What is the salary of Credit Officer at Union Bank of India in Hyderabad / Secunderabad?

The average salary of a Credit Officer at Union Bank of India in Hyderabad / Secunderabad typically ranges from ₹7.5 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Credit Officer in Hyderabad / Secunderabad at Union Bank of India earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 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 4 Union Bank of India employees in India.

What is the estimated take home salary of a Credit Officer at Union Bank of India in Hyderabad / Secunderabad?

The estimated take-home salary of a Credit Officer at Union Bank of India in Hyderabad / Secunderabad typically ranges from ₹82,967 to ₹85,133 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 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?

Bank of Baroda

₹9.0 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 Hyderabad / Secunderabad?

The salary of a Credit Officer at companies similar to Union Bank of India in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Bank of India	₹8.5 Lakhs to ₹13.1 Lakhs per year
Axis Bank	₹1.7 Lakhs to ₹5.0 Lakhs per year
IDFC FIRST Bank	₹2.6 Lakhs to ₹3.0 Lakhs per year
IndusInd Bank	₹1.6 Lakhs to ₹3.7 Lakhs per year
ICICI Bank	₹2.0 Lakhs to ₹3.7 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 Hyderabad / Secunderabad?

The salary growth for a Credit Officer at Union Bank of India in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Credit Officer in Hyderabad / Secunderabad can expect the following growth trajectory at Union Bank of India:

Experience	Average Salary Range
3 years	₹10.5 Lakhs to ₹13.5 Lakhs per year
4 years	₹10.5 Lakhs to ₹13.4 Lakhs per year
5 years	₹10.5 Lakhs to ₹13.4 Lakhs per year

and so on.

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Union Bank of India Credit Officer Salaries in Hyderabad / Secunderabad

Union Bank of India Credit Officer salary in Hyderabad / Secunderabad ranges between ₹7.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Union Bank of India latest salaries received from various employees of Union Bank of India.