Varthana Senior Credit Officer Salaries by 7 Employees (Updated 2025)

4 - 7 years exp.

₹5 Lakhs - ₹6 Lakhs

Salary of majority employees

23% more than the average Senior Credit Officer Salary in NBFC Companies for 4 - 7 years of experience

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Salaries in different departments

Risk Management & Compliance Senior Credit Officer Salary 4 - 7 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr
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Finance & Accounting Senior Credit Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.2 L/yr

Last Updated: 20 Jan 2025

Companies similar to Varthana for Senior Credit Officer

Company name	Avg Annual Salary	Open Jobs
Aptus Value Housing Finance India Senior Credit Officer Salary 1 - 6 years exp. (31 salaries)	₹2.4 L/yr - ₹5.5 L/yr 19% less
Kinara Capital Senior Credit Officer Salary 1 - 8 years exp. (20 salaries)	₹2.5 L/yr - ₹3.5 L/yr 40% less
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Shubham Housing Development Finance Senior Credit Officer Salary 1 - 7 years exp. (12 salaries)	₹3 L/yr - ₹4.5 L/yr 30% less
Fedbank Financial Services Senior Credit Officer Salary 4 - 9 years exp. (6 salaries)	₹3.7 L/yr - ₹4.2 L/yr 25% less
InCred Finance Senior Credit Officer Salary 3 - 7 years exp. (5 salaries)	₹3 L/yr - ₹3.2 L/yr 40% less
NeoGrowth Credit Senior Credit Officer Salary 4 - 7 years exp. (4 salaries)	₹3 L/yr - ₹3.2 L/yr 41% less
SBFC Finance Senior Credit Officer Salary 0 - 4 years exp. (4 salaries)	₹2.9 L/yr - ₹3.7 L/yr 37% less
Dvara KGFS Senior Credit Officer Salary 0 - 4 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 28% less
Midland Microfin Limited Senior Credit Officer Salary 2 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹4.5 L/yr 29% less
Anand Rathi Global Finance Senior Credit Officer Salary 3 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹5 L/yr 26% less

Senior Credit Officer salary at Varthana ranges between ₹5 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Varthana.

Experience wise Varthana Senior Credit Officer salaries

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in Varthana

Credit Officer Salary

(15 salaries)

₹2.87 L/yr - ₹4.7 L/yr

Regional Credit Manager Salary

(5 salaries)

₹13 L/yr - ₹19.32 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹12 L/yr - ₹15.3 L/yr

Branch Credit Manager Salary

(9 salaries)

₹5.4 L/yr - ₹6.5 L/yr

Sales Officer Salary

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₹2.75 L/yr - ₹3.84 L/yr

Cluster Credit Manager Salary

(42 salaries)

₹6 L/yr - ₹13.5 L/yr

Credit Manager Salary

(37 salaries)

₹5 L/yr - ₹10 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Assistant Credit Manager Salary

(22 salaries)

₹4.2 L/yr - ₹6.5 L/yr

Credit Analyst Salary

(3 salaries)

₹4.4 L/yr - ₹5.5 L/yr

Salary related reviews for Varthana

4.2

Rated by 3 employees for salary & benefits

Cluster Credit Manager in Lucknow

Full Time

Risk Management & Compliance Department

2.0

• posted on 14 Jul 2023

5.0

for Salary and Benefits

Likes

Salary got on time, Training on regular basis.

Salary - Excellent

+1 more

Dislikes

No policy and process. No timing, Employee should work alone and handle all kind of work. No work life balance. Working on weekends even an holidays also.

Work-life balance - Poor

Relationship Manager in New Delhi

Full Time

Sales Department

4.0

• posted on 01 Dec 2022

4.0

for Salary and Benefits

Likes

Flexible working hour, salary and reimbursement release on time

Salary - Good

+1 more

Dislikes

Politics between staff and senior manager new joiner can't stable on account of them , senior staff behaviour also not good to new joiner

Skill development - Poor

+1 more

Relationship Manager in Vijayawada

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 09 Apr 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisal are fair and they give good salary hike and promotions bonus every year.

Salary - Excellent

+6 more

Dislikes

Relationship Manager in Jalndhar

Finance Department

5.0

• posted on 01 Apr 2021

5.0

for Salary and Benefits

Likes

...ronment and culture, Teammates are supportive and the management is transparent. Company polices are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Nothing for that column

Relationship Manager in Thane Mumbai

Full Time

Finance Department

5.0

• posted on 28 Mar 2021

3.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent.Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Excellent

+4 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

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Varthana Senior Credit Officer Salary FAQs

What is the salary of Senior Credit Officer at Varthana ?

The average salary of a Senior Credit Officer at Varthana in India typically ranges from ₹5.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Senior Credit Officer at Varthana earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Senior Credit Officer Salaries at Varthana 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 7 Varthana employees in India.

What is the estimated take home salary of a Senior Credit Officer at Varthana in India?

The estimated take-home salary of a Senior Credit Officer at Varthana in India typically ranges from ₹38,680 to ₹39,864 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years to 7 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 7 salaries received from various employees of Varthana. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Credit Officer in companies similar to Varthana in India?

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

Aptus Value Housing Finance India	₹2.4 Lakhs to ₹5.5 Lakhs per year
Fedbank Financial Services	₹3.7 Lakhs to ₹4.2 Lakhs per year
Anand Rathi Global Finance	₹3.2 Lakhs to ₹5.0 Lakhs per year
Dvara KGFS	₹3.2 Lakhs to ₹4.0 Lakhs per year
Midland Microfin Limited	₹2.5 Lakhs to ₹4.5 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 Senior Credit Officer at Varthana in India?

The salary growth for a Senior Credit Officer at Varthana depends on factors such as experience, performance, and promotions. On average, a Senior Credit Officer can expect the following growth trajectory at Varthana:

Experience	Average Salary Range
4 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
5 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
6 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
7 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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Varthana Senior Credit Officer Salaries

Varthana Senior Credit Officer salary in India ranges between ₹5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Varthana latest salaries received from various employees of Varthana.