The average salary for an Early-Career Credit Analyst in India is Rs 525,131.
MEDIAN Rs 525,131
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Rs 198k - Rs 1m
Rs 10k - Rs 163k
Rs 7k - Rs 327k
Rs 0 - Rs 21k
Rs 238k - 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 Crisil, HSBC and Moody's Investors Service. Reported salaries are highest at HSBC where the average pay is Rs 767,500. Other companies that offer high salaries for this role include HDFC Bank Pvt Ltd and Axis Bank, earning around Rs 650,000 and Rs 585,549, respectively. Brickwork Ratings pays the lowest at around Rs 397,500. Kotak Mahindra Bank and Crisil also pay on the lower end of the scale, paying Rs 476,000 and Rs 500,000, respectively.
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, Credit Control, Risk Management / Risk Control, Microsoft Excel and Loan Underwriting are correlated to pay that is above average.
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 406,635 based on 100 salaries. A mid-career Credit Analyst with 5-9 years of experience earns an average total compensation of Rs 864,897 based on 145 salaries. An experienced Credit Analyst with 10-19 years of experience earns an average total compensation of Rs 1,212,639 based on 31 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Credit Analyst in their job title in Gurgaon, Haryana earn an average of 19.0% more than the national average. These job titles also find higher than average salaries in Kolkata, West Bengal (19.0% more) and New Delhi, Delhi (18.8% more). The lowest salaries can be found in Pune, Maharashtra (23.8% less) and Bangalore, Karnataka (3.9% less).
Years of Experience
This data is based on 276 survey responses.
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