Average Credit Analyst Salary in Mumbai, Maharashtra

Rs 645,641
Avg. Salary
Rs 97,591
Bonus
Rs 20,000
Profit Sharing
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The average salary for a Credit Analyst in Mumbai, Maharashtra is Rs 645,641.
10%
Rs 250k
10%
Rs 646k
50%
Rs 2m
90%
90%
MEDIAN Rs 645,641
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United States (change)
Salary
Rs 250k - Rs 2m
Bonus
Rs 20k - Rs 304k
Profit Sharing
Rs 0 - Rs 38k
Total Pay
Rs 250k - Rs 2m

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Job Description for Credit Analyst

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

Rs 600k

Career Paths

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.
Credit Analyst
Credit Manager
Senior Credit Analyst
Team Lead, Operations
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Credit Analyst Job Listings

Popular Skills for Credit Analyst

Skills in Financial Analysis, Risk Management / Risk Control, Credit Control, Loan Underwriting and Microsoft Excel 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 516,125 based on 29 salaries. An early career Credit Analyst with 1-4 years of experience earns an average total compensation of Rs 596,653 based on 92 salaries. A mid-career Credit Analyst with 5-9 years of experience earns an average total compensation of Rs 1,220,838 based on 33 salaries. An experienced Credit Analyst with 10-19 years of experience earns an average total compensation of Rs 1,700,000 based on 7 salaries.
Employees with Credit Analyst in their job title in Gurgaon, Haryana earn an average of 28.2% more than the national average. These job titles also find higher than average salaries in Chennai, Tamil Nadu (8.2% more) and Kolkata, West Bengal (0.7% more). The lowest salaries can be found in Pune, Maharashtra (31.9% less), Hyderabad, Andhra Pradesh (29.2% less) and Bangalore, Karnataka (14.4% less).

Years of Experience

This data is based on 161 survey responses.
Entry Level
18.0%
Early Career
57.1%
Mid Career
20.5%
Experienced
4.3%

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