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A credit risk analyst is responsible for evaluating and assessing the creditworthiness of individuals, businesses, or organizations. They analyze financial data, review credit histories, and assess potential risks involved in lending money or extending credit. Their primary role is to minimize credit losses by identifying and mitigating potential risks through thorough analysis and evaluation. Credit risk analysts also develop and implement credit risk management strategies and policies to ensure the overall health of the organization's credit portfolio. They work closely with other departments such as lending, underwriting, and collections to make informed decisions regarding credit approvals, limits, and terms. Strong analytical skills, attention to detail, and knowledge of financial markets and regulations are essential for success in this occupation.
Estimated Yearly Salary: 2,742,319 INR
Estimated Monthly Salary: 228,527 INR
Estimated Weekly Salary: 52,737 INR per week
Estimated Hourly Salary: 1,318 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 221,378 INR
Estimated Weekly Salary: 51,087 INR per week
Estimated Hourly Salary: 1,277 INR per hour
Last revision of data: 2024-01-02
Estimated Yearly Salary: 30,658 USD
Estimated Monthly Salary: 2,555 USD
Estimated Weekly Salary: 590 USD per week
Estimated Hourly Salary: 15 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 2,742,319 INR
Estimated Monthly Salary: 228,527 INR
Estimated Weekly Salary: 52,737 INR per week
Estimated Hourly Salary: 1,318 INR per hour
By working as Credit Risk Analyst a person can save up to 1,660 USD per month or 19,916 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.
Estimated Yearly Salary for Credit Risk Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Credit Risk Analyst salary in India
Average Yearly Salary of Credit Risk Analyst in India is approximately 2,742,319 INR (30,658 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 Risk Analyst do?
A credit risk analyst is responsible for evaluating and assessing the creditworthiness of individuals, businesses, or organizations. They analyze financial data, review credit histories, and assess potential risks involved in lending money or extending credit. Their primary role is to minimize credit losses by identifying and mitigating potential risks through thorough analysis and evaluation. Credit risk analysts also develop and implement credit risk management strategies and policies to ensure the overall health of the organization's credit portfolio. They work closely with other departments such as lending, underwriting, and collections to make informed decisions regarding credit approvals, limits, and terms. Strong analytical skills, attention to detail, and knowledge of financial markets and regulations are essential for success in this occupation.
Skills: Credit Risk Analyst, Risk Management, Financial Analysis, Credit Evaluation, Credit Portfolio Management, Risk Mitigation.
Job industry: Finance
Job industry: Finance
How much does Credit Risk Analyst make?
Salary details
How much does Credit Risk Analyst make?Estimated Yearly Salary: 2,742,319 INR
Estimated Monthly Salary: 228,527 INR
Estimated Weekly Salary: 52,737 INR per week
Estimated Hourly Salary: 1,318 INR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,656,530 INREstimated Monthly Salary: 221,378 INR
Estimated Weekly Salary: 51,087 INR per week
Estimated Hourly Salary: 1,277 INR per hour
Last revision of data: 2024-01-02Credit Risk Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 30,658 USD
Estimated Monthly Salary: 2,555 USD
Estimated Weekly Salary: 590 USD per week
Estimated Hourly Salary: 15 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Analyst job salary compared to average salary in India.
Comparison shows that a person working as Credit Risk Analyst in India earns on average:
1.48 times the average salary (or 148% of average salary).
Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Credit Risk Analyst job salary compared to average salary in India.
Comparison shows that a person working as Credit Risk Analyst in India earns on average:
1.48 times the average salary (or 148% of average salary).
Is Credit Risk Analyst a well paid job?
Yes, our data shows that Credit Risk Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Credit Risk Analyst?
High salary for Credit Risk Analyst would be somewhere between 3,016,551 INR and 3,976,363 INR. However this is an estimation based on Gaussian Distribution.How much can you save working as Credit Risk 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: 2,742,319 INR
Estimated Monthly Salary: 228,527 INR
Estimated Weekly Salary: 52,737 INR per week
Estimated Hourly Salary: 1,318 INR per hour
By working as Credit Risk Analyst a person can save up to 1,660 USD per month or 19,916 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 Risk Analyst
Pakistan is 2,164 USD
China is 17,479 USD
Nepal is 10,034 USD
Bangladesh is 3,842 USD
Afghanistan is 8,200 USD Last revision of data: 2025-01-04Salary 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 increaseTop 10 highest salaries in India
(21,041,458 INR per year, pre-tax.)
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(17,441,897 INR per year, pre-tax.)
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4. Neurosurgeon
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7. Urologist
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Data as of 2025Random salary:
Network expert (2,295,008 INR per year, pre-tax.)
Ophthalmic biometrist (1,361,160 INR per year, pre-tax.)
Real estate salesperson (1,536,152 INR per year, pre-tax.)
Contortionist (1,734,390 INR per year, pre-tax.)
Local sales manager (2,093,270 INR per year, pre-tax.)
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