The average salary for a Credit Analyst with Credit Control skills in India is Rs 600,033.
MEDIAN Rs 600,033
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Rs 248k - Rs 1m
Rs 16k - Rs 306k
Rs 0 - Rs 110k
Rs 274k - Rs 1m
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Job Description for Credit Analyst
Credit analysts specialize in determining a business's or individual's credit worthiness. A credit analyst looks at all past credit purchases and, based on their findings, decides if a person or a corporation is worthy to receive a loan. The majority of credit analysts have a Bachelor's degree in mathematics, business, economics, or accounting. It is suggested that people with this job enjoy working with numbers, because they will be reviewing numerical figures as a part of their daily function.…Read more
Credit Analyst Tasks
- Assess credit risk.
- Aggregate and evaluate data related to credit and credit risk to support organizational decision-making.
- Ensure that approved accounts remain in good standing.
- Establish terms for approved credit requests.
Popular Employer Salaries for Credit Analyst
The top respondents for the job title Credit Analyst are from the companies Axis Bank, HSBC and American Express Co. (AMEX). Reported salaries are highest at HSBC where the average pay is Rs 700,000. Other companies that offer high salaries for this role include Crisil, earning around Rs 589,581. American Express Co. (AMEX) pays the lowest at around Rs 450,000. Axis Bank also pays on the lower end of the scale, paying Rs 550,000.
Explore the most common career paths for Credit Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Credit Analyst Job Listings
Popular Skills for Credit Analyst
Risk Management / Risk Control
Skills in Financial Analysis, Risk Management / Risk Control, Loan Underwriting and Commercial Loans are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.
Pay by Experience Level for Credit Analyst
An entry-level Credit Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of Rs 469,073 based on 23 salaries. An early career Credit Analyst with 1-4 years of experience earns an average total compensation of Rs 597,626 based on 102 salaries. A mid-career Credit Analyst with 5-9 years of experience earns an average total compensation of Rs 684,000 based on 42 salaries. An experienced Credit Analyst with 10-19 years of experience earns an average total compensation of Rs 1,400,000 based on 7 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Credit Analyst in their job title in Chennai, Tamil Nadu earn an average of 39.6% more than the national average. These job titles also find higher than average salaries in Mumbai, Maharashtra (25.0% more) and Delhi, Delhi (2.0% more). The lowest salaries can be found in Bangalore, Karnataka (16.7% less), Pune, Maharashtra (15.0% less) and New Delhi, Delhi (8.3% less).
Years of Experience
This data is based on 174 survey responses.
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