Credit Manager
Annual salary range
₹3.3 Lakhs - ₹14.2 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byCredit Manager Salary in Chennai (Updated 2025)
based on 870
latest salaries
• updated:
5 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Credit Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(101
salaries)
|  ₹3 L/yr - ₹12 L/yr |
2
years
(90
salaries)
| ₹3.2 L/yr - ₹11.1 L/yr |
Login to view exact salary
| |
3
years
(91
salaries)
| ₹3 L/yr - ₹12 L/yr |
4
years
(117
salaries)
| ₹3 L/yr - ₹11 L/yr |
5
years
(123
salaries)
| ₹3.4 L/yr - ₹12 L/yr |
View all salaries by experience
Credit Manager Salary in
Chennai ranges between ₹3.3
Lakhs to ₹14.2
Lakhs for
1 year of experience to 9 years of experience
. Salary estimates are based on
870 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 - 9
years
exp.
(372
salaries)
| ₹3.3 L/yr - ₹14.9 L/yr |
Login to view exact salary
| |
Finance & Accounting
Credit Manager Salary
1 - 9
years
exp.
(245
salaries)
| ₹3.3 L/yr - ₹14 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.
1d ago
Bank of Baroda
Credit Manager
7 years exp.
1d ago
DCB Bank
Credit Manager
5 years exp.
1d ago
Bandhan Bank
Credit Manager
1 year exp.
1d ago
DCB Bank
Credit Manager
5 years exp.
1d ago
DCB Bank
Credit Manager
8 years exp.
1d ago
Axis Bank
Credit Manager
5 years exp.
2d ago
ICICI Bank
Credit Manager
3 years exp.
2d ago
ICICI Bank
Credit Manager
1 year exp.
2d ago
IDFC FIRST Bharat
Credit Manager
6 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | ||
| | ||
| | ||
| | ||
| | 1 job opening | |
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
11
yrs
exp.
.
Chennai
(177 salaries)
|
₹2 L/yr - ₹18 L/yr | 5 job openings |
0 -
11
yrs
exp.
.
Chennai
(167 salaries)
|
₹3.8 L/yr - ₹15 L/yr | |
Login to view exact salary
| ||
0 -
11
yrs
exp.
.
Chennai
(65 salaries)
|
₹2.5 L/yr - ₹9 L/yr | 1 job opening |
0 -
10
yrs
exp.
.
Chennai
(63 salaries)
|
₹3 L/yr - ₹12.9 L/yr | 1 job opening |
0 -
12
yrs
exp.
.
Chennai
(47 salaries)
|
₹4 L/yr - ₹14 L/yr | |
1 -
9
yrs
exp.
.
Chennai
(45 salaries)
|
₹3.8 L/yr - ₹8.7 L/yr | |
0 -
9
yrs
exp.
.
Chennai
(38 salaries)
|
₹4 L/yr - ₹13.2 L/yr | |
1 -
10
yrs
exp.
.
Chennai
(31 salaries)
|
₹3.5 L/yr - ₹12.8 L/yr | 1 job opening |
Login to view exact salary
| ||
6 -
11
yrs
exp.
.
Chennai
(26 salaries)
|
₹13.1 L/yr - ₹26 L/yr | |
3 -
14
yrs
exp.
.
Chennai
(22 salaries)
|
₹3 L/yr - ₹9.3 L/yr | |
Credit Manager Jobs in Chennai
Credit Manager
· 3-6 years
HDB Financial Services
Malappuram
Credit Manager
· 4-5 years
BAJAJ FINANCIAL SECURITIES LIMITED
Mangaluru
Credit Manager
· 8-13 years
Marriott
Bangalore / Bengaluru
Similar Designation Salaries for Credit Manager
| Designations | Avg Annual Salary |
|---|---|
Senior Manager Salary
6 -
20
years
exp.
(9.7k salaries)
| ₹7.2 L/yr - ₹36 L/yr |
Chief Manager Salary
7 -
22
years
exp.
(652 salaries)
| ₹6.5 L/yr - ₹33 L/yr |
Login to view exact salary
| |
Area Credit Manager Salary
5 -
14
years
exp.
(174 salaries)
| ₹5.7 L/yr - ₹17 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(2.2k salaries)
| ₹3 L/yr - ₹17.5 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(15.9k salaries)
| ₹4 L/yr - ₹18 L/yr |
View more similar designations
Salary reviews by Credit Manager and similar roles
ICICI Bank
Credit Manager in Chennai
• posted on 01 Jan 2025
Likes
Will get bonus irrespective of performance.
- Job security - Excellent
+1 more
Dislikes
Grading system based on colleges and not based on performance
- Skill development - Poor
+1 more
Muthoot Finance
Deputy Manager in Rae Bareli
• posted on 01 Dec 2024
Likes
salary hike and Career growth is nominal.. work culture and work life balance is best
read more- Skill development - Good
+4 more
Dislikes
Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount
read more- Promotions - Poor
Federal Bank
Senior Manager in Ernakulam
• 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.
IDFC FIRST Bank
Deputy Manager in Mumbai
• posted on 02 Feb 2025
Mahindra Rural Housing Finance
Branch Manager in Shujalpur
• posted on 15 Dec 2024
Likes
...ed us and made us resign and then did not even give us relief, we felt very bad. Despite the salary being very low (21500), we worked honestly for 8 years in Mahindra company. A staff in another company earns this much salary
read more- Skill development - Good
Dislikes
The company to which the employee gave 8 years of his life, harassed the employee and made him resign from the job, after which I was asked for early relieving, then even after I mailed for early relieving, I was not given early relieving,If I want, I can seek relief through court case because I have the recording which was spoken by the company's HR and Deepak sir (Business Head).
read more- Job security - Poor
Top skills for Credit Manager
Credit Manager Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Credit Manager
1 -
10
years
exp.
| ₹3.6 L/yr - ₹13.5 L/yr |
New Delhi
Credit Manager
1 -
10
years
exp.
| ₹3.5 L/yr - ₹13.5 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Credit Manager
1 -
10
years
exp.
| ₹3.5 L/yr - ₹14.4 L/yr |
Hyderabad / Secunderabad
Credit Manager
1 -
10
years
exp.
| ₹3.5 L/yr - ₹13 L/yr |
Pune
Credit Manager
1 -
9
years
exp.
| ₹3.2 L/yr - ₹12.2 L/yr |
View More
Credit Manager Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services Credit Manager
1 -
10
years
exp.
| ₹3.4 L/yr - ₹13 L/yr |
Banking Credit Manager
1 -
10
years
exp.
| ₹3.5 L/yr - ₹14 L/yr |
Login to view exact salary
| |
NBFC Credit Manager
1 -
10
years
exp.
| ₹3 L/yr - ₹11 L/yr |
Media & Entertainment / Publishing Credit Manager
1 -
9
years
exp.
| ₹3.5 L/yr - ₹12.7 L/yr |
Insurance Credit Manager
1 -
9
years
exp.
| ₹3.5 L/yr - ₹12.5 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 ₹3.3 Lakhs to ₹14.2 Lakhs per year. Salary estimates are based on 870 latest salaries received from various Credit Managers across industries.
What are the top paying companies that employ Credit Managers?
- State Bank of India Credit Manager Salary - ₹19.6 Lakhs per year
- Barclays Credit Manager Salary - ₹19.0 Lakhs per year
- Canara Bank Credit Manager Salary - ₹18.9 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 ₹3.3 Lakhs per year (₹27.5k 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 ₹32.0 Lakhs per year (₹2.7L per month).
What are the top paying industries for Credit Manager in India?
- IT Services & Consulting - ₹1.2 Lakhs to 22.5 Lakhs per year
- Banking - ₹2.0 Lakhs to 32.0 Lakhs per year
- Financial Services - ₹3.0 Lakhs to 32.0 Lakhs per year
- FinTech - ₹5.0 Lakhs to 8.1 Lakhs per year
- NBFC - ₹1.9 Lakhs to 18.0 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 132 jobs posted by employers.
- Finance
- Auditing
- Credit Analysis
- Credit Management
- Sales
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