Credit Manager

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Credit Manager Salary in India (Updated 2025)

based on 19.7k latest salaries • updated: 5 Mar 2025
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Annual salary range

₹3 Lakhs - ₹13 Lakhs

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Experience wise Credit Manager salaries

Years of experience Avg. Annual Salary
1 year
(2.2k salaries)
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₹3 L/yr - ₹11.5 L/yr

2 years
(2.6k salaries)
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₹3 L/yr - ₹12 L/yr

3 years
(2.6k salaries)
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₹3 L/yr - ₹12 L/yr

4 years
(2.7k salaries)
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₹3 L/yr - ₹12.3 L/yr

5 years
(3k salaries)
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₹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.
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Credit Manager salaries in different departments

Department Avg Annual Salary
BFSI, Investments & Trading
Credit Manager Salary
1 - 10 years exp. (6.7k salaries)
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₹3 L/yr - ₹13 L/yr

Finance & Accounting
Credit Manager Salary
1 - 10 years exp. (6.7k salaries)
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₹3 L/yr - ₹13 L/yr

View all departments salaries
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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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Top Paying Companies for Credit Manager

Company name Avg Annual Salary Open Jobs
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Credit Manager Jobs in India

Credit Manager

· 3-6 years

HDB Financial Services

·
3.9

Malappuram

Credit Manager

· 8-13 years

Marriott

·
4.2

Bangalore / Bengaluru

Credit Manager

· 3-8 years

Hdfc Bank

·
3.9

Chennai

View all Credit Manager jobs

Similar Designation Salaries for Credit Manager

Designations Avg Annual Salary
Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7 L/yr - ₹40 L/yr

Chief Manager Salary
6 - 24 years exp.
(14k salaries)
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₹8 L/yr - ₹37 L/yr

Area Credit Manager Salary
4 - 14 years exp.
(4.4k salaries)
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₹5.4 L/yr - ₹19.3 L/yr

Branch Manager Salary
4 - 17 years exp.
(50.3k salaries)
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₹2.6 L/yr - ₹18 L/yr

Deputy Manager Salary
3 - 15 years exp.
(2.2L salaries)
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₹4 L/yr - ₹18 L/yr

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Credit Manager Salary By Locations

Locations Avg Annual Salary
Mumbai
Credit Manager
1 - 10 years exp.
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₹3.5 L/yr - ₹13.5 L/yr

New Delhi
Credit Manager
1 - 10 years exp.
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₹3.5 L/yr - ₹13.5 L/yr

Bangalore / Bengaluru
Credit Manager
1 - 10 years exp.
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₹3.5 L/yr - ₹14.4 L/yr

Hyderabad / Secunderabad
Credit Manager
1 - 10 years exp.
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₹3.5 L/yr - ₹13 L/yr

Pune
Credit Manager
1 - 9 years exp.
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₹3.2 L/yr - ₹12 L/yr

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Credit Manager Salary By Industries

Industries Avg Annual Salary

Financial Services

Credit Manager
1 - 10 years exp.
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₹3.4 L/yr - ₹13 L/yr

Banking

Credit Manager
1 - 10 years exp.
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₹3.5 L/yr - ₹13.8 L/yr

NBFC

Credit Manager
1 - 10 years exp.
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₹3 L/yr - ₹11 L/yr

Insurance

Credit Manager
1 - 9 years exp.
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₹3.5 L/yr - ₹12.5 L/yr

FinTech

Credit Manager
1 - 9 years exp.
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₹3.2 L/yr - ₹9.2 L/yr

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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?
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?
What are the top paying cities for Credit Manager in India?
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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