Upload Button Icon Add office photos
filter salariesFilter salaries by

India Ratings & Research Credit Analyst salaries in Mumbai (Updated 2025)

Annual salary range
1 - 5 years exp.
₹10.9 Lakhs - ₹15 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur
Credit Analyst Salary at India Ratings & Research ranges between ₹10.9 Lakhs to ₹15 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 7 latest salaries... Read more

35% more than the average Credit Analyst Salary in Financial Services Companies for 1 - 5 years of experience

Interested in this particular role?

Last Updated: 17 Aug 2025

Companies similar to India Ratings & Research for Credit Analyst in Mumbai

Logo
India Ratings & Research Credit Analyst Salary

1 - 5 years exp. (7 salaries)

unlock blur

₹10.9 L/yr - ₹15 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Crisil Credit Analyst Salary

1 - 6 years exp. (140 salaries)

unlock blur

₹9 L/yr - ₹16 L/yr

arrow icon 13% less
4 job openings
Logo
Axis Bank Credit Analyst Salary

0 - 8 years exp. (124 salaries)

unlock blur

₹8.8 L/yr - ₹15 L/yr

arrow icon 15% less
8 job openings
Logo
ICICI Bank Credit Analyst Salary

0 - 6 years exp. (109 salaries)

unlock blur

₹8.9 L/yr - ₹15.8 L/yr

arrow icon 13% less
Logo
Citicorp Credit Analyst Salary

1 - 9 years exp. (82 salaries)

unlock blur

₹15.6 L/yr - ₹26.6 L/yr

arrow icon 51% more
Logo
Kotak Mahindra Bank Credit Analyst Salary

1 - 8 years exp. (62 salaries)

unlock blur

₹10.1 L/yr - ₹18 L/yr

arrow icon 3% less
1 job opening

Latest annual salaries shared by India Ratings & Research Credit Analyst in Mumbai

2d ago
₹12.1 Lakhs
2 years exp.
2mo ago
₹10.5 Lakhs
1 year exp.
5mo ago
₹24 Lakhs
5 years exp.
10mo ago
₹15 Lakhs
4 years exp.

India Ratings & Research Credit Analyst salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

unlock blur

₹11.8 L/yr - ₹15 L/yr
2 years  (3 salaries)

unlock blur

₹10.9 L/yr - ₹15 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹12.1 L/yr - ₹15 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹12.2 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹12.4 L/yr - ₹15 L/yr

Similar Designation Salaries at India Ratings & Research

Similar Designation Avg. annual salary
Analyst Salary
(45 salaries)
unlock-blur

₹7 L/yr - ₹24 L/yr

unlock-blur

₹14.3 L/yr - ₹25.6 L/yr

Top trending discussions

View All
Salary Discussions
2w
an educator
Comment ‘DO IT’ and I’ll Ask for the Raise 💰
If 50 people comment “DO IT”, I’ll finally ask for that raise. Been delaying it for months 🙃
FeedCard Image
Got a question about India Ratings & Research?
Ask anonymously on communities.

Prepare for Your Interview with Real Experiences!

View interviews
Office worker

Salary related reviews for India Ratings & Research

1.2

Rated by 2 employees for salary & benefits

Finance & Accounting Department

4.0
  •  updated on 19 Apr 2024

2.0
 for  Salary and Benefits

Likes

Great work life balance, good opportunities, more learning.

Dislikes

.... Getting in with good salary is important. Even director position does not have respect....

read more

Finance & Accounting Department

3.0
  •  updated on 12 Apr 2022

2.0
 for  Salary and Benefits

Likes

Work life balance, Supportive team

Dislikes

Poor Hike and bonus%. Both are always in single digit. Join any rating agency and you will g...

read more

BFSI, Investments & Trading Department

4.0
  •  updated on 07 Apr 2022

1.0
 for  Salary and Benefits

Likes

Good learning opportunities in MC/LC & other teams except Emerging Corp. Very good manager in South...

read more

Dislikes

Very less pay scale. Learning curve will depend on individual's ability to reach out...

read more

BFSI, Investments & Trading Department

5.0
  •  updated on 08 Sep 2023

4.0
 for  Salary and Benefits

Likes

Excellent work culture with very supportive managers, opportunity for learning, flexibility around w...

read more

Dislikes

Pay could be better, along with appraisals. This is the only drawback, otherwise it is one o...

read more

Finance & Accounting Department

1.0
  •  updated on 19 Oct 2023

1.0
 for  Salary and Benefits

Likes

Only learning through interactions with industry people.

Dislikes

Culture, compensation, growth, no focus on training and development. Not a very employee friendly co...

read more

see more salary related reviews

India Ratings & Research Credit Analyst Salary FAQs

What is the salary of Credit Analyst at India Ratings & Research in Mumbai?
The average salary of a Credit Analyst at India Ratings & Research in Mumbai typically ranges from ₹10.9 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Credit Analyst in Mumbai at India Ratings & Research earn more than ₹23.4 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Credit Analyst Salaries at India Ratings & Research can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 India Ratings & Research employees in India.
What is the estimated take home salary of a Credit Analyst at India Ratings & Research in Mumbai?
The estimated take-home salary of a Credit Analyst at India Ratings & Research in Mumbai typically ranges from ₹96,334 to ₹98,937 per month. This is based on the average salary range of ₹10.9 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of India Ratings & Research. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than India Ratings & Research for Credit Analyst in India?
Citicorp ₹15.6 Lakhs to ₹26.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by India Ratings & Research, depending on the role and experience level.
What is the salary of a Credit Analyst in companies similar to India Ratings & Research in Mumbai?
The salary of a Credit Analyst at companies similar to India Ratings & Research in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹10.1 Lakhs to ₹18.0 Lakhs per year
Crisil ₹9.0 Lakhs to ₹16.0 Lakhs per year
ICICI Bank ₹8.9 Lakhs to ₹15.8 Lakhs per year
Axis Bank ₹8.8 Lakhs to ₹15.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Credit Analyst at India Ratings & Research in Mumbai?
The salary growth for a Credit Analyst at India Ratings & Research in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Analyst in Mumbai can expect the following growth trajectory at India Ratings & Research:

Experience Average Salary Range
1 year ₹11.8 Lakhs to ₹15.0 Lakhs per year
2 years ₹10.9 Lakhs to ₹15.0 Lakhs per year
3 years ₹12.1 Lakhs to ₹15.0 Lakhs per year
4 years ₹12.2 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

India Ratings & Research Credit Analyst salary in Mumbai ranges between ₹10.9 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 India Ratings & Research latest salaries received from various employees of India Ratings & Research.