Credit Analyst salary in India

Average Yearly Salary of Credit Analyst in India is approximately 2,151,867 INR (23,934 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Credit Analyst do?

A credit analyst is responsible for evaluating the creditworthiness of individuals, businesses, or organizations to determine their ability to repay loans and manage financial obligations. They analyze financial statements, credit reports, and other relevant data to assess the risk associated with extending credit. Credit analysts also review loan applications, assess collateral, and make recommendations on credit limits and terms. They work closely with lenders, clients, and other stakeholders to gather necessary information and ensure compliance with lending policies and regulations. Additionally, credit analysts monitor and track loan performance, identify potential risks, and propose strategies to mitigate them.

Skills: credit analyst, financial analysis, risk assessment, lending, creditworthiness, loan evaluation
Job industry: Finance

How much does Credit Analyst make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Credit Analyst a well paid job?

Yes, our data show that Credit Analyst is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Credit Analyst?

High salary for Credit Analyst would be somewhere between 2,367,054 INR and 3,120,207 INR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Credit Analyst in India?

Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 2,151,867 INR
Estimated Monthly Salary: 179,322 INR
Estimated Weekly Salary: 41,382 INR per week
Estimated Hourly Salary: 1,035 INR per hour
By working as Credit Analyst a person can save up to 1,099 USD per month or 13,192 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in India, see costs of living in India.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Credit Analyst

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in India

Data as of 2025

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