Credit Manager
Annual salary range
₹3 Lakhs - ₹13 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Credit Manager Salary in India (Updated 2025)
based on 19.7k
latest salaries
• updated:
5 Mar 2025
Select an experience to get the exact salary
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Salary of majority employees
Experience wise Credit Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(2.2k
salaries)
|  Unlock₹3 L/yr - ₹11.5 L/yr |
2
years
(2.6k
salaries)
| Unlock ₹3 L/yr - ₹12 L/yr |
Login to view exact salary
| |
3
years
(2.6k
salaries)
| Unlock ₹3 L/yr - ₹12 L/yr |
4
years
(2.7k
salaries)
| Unlock ₹3 L/yr - ₹12.3 L/yr |
5
years
(3k
salaries)
| Unlock ₹3.1 L/yr - ₹12.8 L/yr |
View all salaries by experience
Credit Manager Salary in
India ranges between ₹3
Lakhs to ₹13
Lakhs for
1 year of experience to 10 years of experience
. Salary estimates are based on
19.7k latest salaries received
from Credit Manager.
See latest salaries
Credit Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Credit Manager Salary
1 - 10
years
exp.
(6.7k
salaries)
| Unlock ₹3 L/yr - ₹13 L/yr |
Login to view exact salary
| |
Finance & Accounting
Credit Manager Salary
1 - 10
years
exp.
(6.7k
salaries)
| Unlock ₹3 L/yr - ₹13 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
Latest annual salaries shared by Credit Managers
1d ago
ICICI Bank
Credit Manager
1 year exp.
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1d ago
Bank of Baroda
Credit Manager
7 years exp.
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1d ago
DCB Bank
Credit Manager
5 years exp.
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1d ago
Bandhan Bank
Credit Manager
1 year exp.
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1d ago
DCB Bank
Credit Manager
5 years exp.
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1d ago
DCB Bank
Credit Manager
8 years exp.
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1d ago
Axis Bank
Credit Manager
5 years exp.
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2d ago
ICICI Bank
Credit Manager
3 years exp.
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2d ago
ICICI Bank
Credit Manager
1 year exp.
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2d ago
IDFC FIRST Bharat
Credit Manager
6 years exp.
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| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| Unlock | ||
| Unlock | ||
| Unlock | ||
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| Unlock | 1 job opening | |
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
11
yrs
exp.
(3.3k salaries)
|
₹4 L/yr - ₹17.5 L/yr | |
0 -
12
yrs
exp.
(2.7k salaries)
|
₹3.5 L/yr - ₹14.1 L/yr | 5 job openings |
Login to view exact salary
| ||
0 -
11
yrs
exp.
(1k salaries)
|
₹3.7 L/yr - ₹14.5 L/yr | |
0 -
12
yrs
exp.
(818 salaries)
|
₹3.5 L/yr - ₹14.8 L/yr | |
0 -
10
yrs
exp.
(676 salaries)
|
₹3 L/yr - ₹13 L/yr | 1 job opening |
0 -
12
yrs
exp.
(513 salaries)
|
₹2.4 L/yr - ₹10.5 L/yr | |
0 -
12
yrs
exp.
(467 salaries)
|
₹2 L/yr - ₹9 L/yr | 1 job opening |
0 -
10
yrs
exp.
(442 salaries)
|
₹4.2 L/yr - ₹14.6 L/yr | 1 job opening |
Login to view exact salary
| ||
0 -
11
yrs
exp.
(436 salaries)
|
₹3.5 L/yr - ₹13 L/yr | 6 job openings |
0 -
11
yrs
exp.
(401 salaries)
|
₹2.5 L/yr - ₹10 L/yr | |
Credit Manager Jobs in India
Credit Manager
· 3-6 years
HDB Financial Services
Malappuram
Credit Manager
· 8-13 years
Marriott
Bangalore / Bengaluru
Credit Manager
· 3-8 years
Hdfc Bank
Chennai
Similar Designation Salaries for Credit Manager
| Designations | Avg Annual Salary |
|---|---|
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| Unlock ₹7 L/yr - ₹40 L/yr |
Chief Manager Salary
6 -
24
years
exp.
(14k salaries)
| Unlock ₹8 L/yr - ₹37 L/yr |
Login to view exact salary
| |
Area Credit Manager Salary
4 -
14
years
exp.
(4.4k salaries)
| Unlock ₹5.4 L/yr - ₹19.3 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(50.3k salaries)
| Unlock ₹2.6 L/yr - ₹18 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(2.2L salaries)
| Unlock ₹4 L/yr - ₹18 L/yr |
View more similar designations
Salary related reviews by similar designations like Credit Manager
Equitas Small Finance Bank
Deputy Manager
• posted on 18 Dec 2024
Likes
My manager and head Ma’am are very approachable. Always there to guide both personally and professionally. It is like family.
read more- Salary - Good
+4 more
Dislikes
No proper parking No personal life balance Should give pay for working on holiday internal job posting should be opened to everyone as sometimes due to experience eligibility we lose the opportunity
read moreL&T Finance
Branch Manager
• posted on 10 Feb 2025
Likes
Work life Salary Skill development
- Salary - Good
+4 more
Dislikes
Some kind of aggressive mentors monitoring, It's too worst to face and use some salary to work comparision words continue revert by supervisor and superior officials
read moreCanara Bank
Chief Manager
• posted on 18 Jan 2025
Likes
Salary is good now due to bipartite settlements . Now new PLI is also introduced by Finance Ministry for levels above executive cadre
read more- Salary - Good
+2 more
Dislikes
Work culture is too bad. Looks good ONLY from outside. Those who don't care of their ego , self esteem , family life, health can still enjoy working here by listening anything from their Management.
read more- Work satisfaction - Poor
+2 more
HDFC Bank
Deputy Manager
• posted on 04 Dec 2024
Likes
All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good
- Salary - Good
+6 more
Dislikes
Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good
read moreFederal Bank
Senior Manager
• posted on 05 Feb 2025
Likes
... consideration for posting based on personal issues. Opportunities for learning. Salary is at par with nationalised banks. Offers good job security.
read more- Salary - Excellent
+5 more
Dislikes
The promotion process is subject to bias. Hands on training for new recruits can be improved.
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Credit Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Credit Manager
1 -
10
years
exp.
| Unlock ₹3.5 L/yr - ₹13.5 L/yr |
New Delhi
Credit Manager
1 -
10
years
exp.
| Unlock ₹3.5 L/yr - ₹13.5 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Credit Manager
1 -
10
years
exp.
| Unlock ₹3.5 L/yr - ₹14.4 L/yr |
Hyderabad / Secunderabad
Credit Manager
1 -
10
years
exp.
| Unlock ₹3.5 L/yr - ₹13 L/yr |
Pune
Credit Manager
1 -
9
years
exp.
| Unlock ₹3.2 L/yr - ₹12 L/yr |
View More
Credit Manager Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services Credit Manager
1 -
10
years
exp.
| Unlock ₹3.4 L/yr - ₹13 L/yr |
Banking Credit Manager
1 -
10
years
exp.
| Unlock ₹3.5 L/yr - ₹13.8 L/yr |
Login to view exact salary
| |
NBFC Credit Manager
1 -
10
years
exp.
| Unlock ₹3 L/yr - ₹11 L/yr |
Insurance Credit Manager
1 -
9
years
exp.
| Unlock ₹3.5 L/yr - ₹12.5 L/yr |
FinTech Credit Manager
1 -
9
years
exp.
| Unlock ₹3.2 L/yr - ₹9.2 L/yr |
View More
Frequently Asked Questions about Credit Manager Salaries
What is the salary of a Credit Manager in India?
Salary for a Credit Manager in India ranges between ₹3.0 Lakhs to ₹13.0 Lakhs per year. Salary estimates are based on 19.7k latest salaries received from various Credit Managers across industries.
What are the top paying companies that employ Credit Managers?
- Barclays Credit Manager Salary - ₹20.1 Lakhs per year
- State Bank of India Credit Manager Salary - ₹19.6 Lakhs per year
- Canara Bank Credit Manager Salary - ₹18.8 Lakhs per year
- IDBI Bank Credit Manager Salary - ₹18.6 Lakhs per year
- Barclays Shared Services Credit Manager Salary - ₹18.1 Lakhs per year
What is the starting salary for a Credit Manager in India?
Average starting Salary for Credit Manager in India is around ₹3.0 Lakhs per year (₹25.0k per month). 1 year of minimum experience is required to be a Credit Manager.
What is the highest salary for a Credit Manager in India?
Highest salary that a Credit Manager can earn is ₹27.0 Lakhs per year (₹2.3L per month).
What are the top paying industries for Credit Manager in India?
- Banking - ₹1.0 Lakhs to 70.0 Lakhs per year
- FinTech - ₹0.2 Lakhs to 50.0 Lakhs per year
- Internet - ₹0.7 Lakhs to 30.0 Lakhs per year
- Financial Services - ₹0.1 Lakhs to 55.0 Lakhs per year
- NBFC - ₹0.5 Lakhs to 36.7 Lakhs per year
What are the top paying cities for Credit Manager in India?
- Bangalore / Bengaluru - ₹0.2 Lakhs to 50.0 Lakhs per year
- Mumbai - ₹0.2 Lakhs to 70.0 Lakhs per year
- New Delhi - ₹0.1 Lakhs to 52.0 Lakhs per year
- Hyderabad / Secunderabad - ₹0.1 Lakhs to 30.0 Lakhs per year
- Pune - ₹0.2 Lakhs to 36.7 Lakhs per year
What are the popular/top skills required to become a Credit Manager?
These are the top skills of a Credit Manager based on 131 jobs posted by employers.
- Auditing
- Finance
- Sales
- Credit Analysis
- Credit Management
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