The average salary for a Credit Analyst in Mumbai, Maharashtra is Rs 645,641.
MEDIAN Rs 645,641
Is Credit Analyst your job title? Get a personalized salary report!
Rs 250k - Rs 2m
Rs 20k - Rs 304k
Rs 0 - Rs 38k
Rs 250k - Rs 2m
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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
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, 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.
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 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.
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