Credit Manager
Annual salary range
₹3.3 Lakhs - ₹14.8 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Chennai
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Credit Manager Salary in Chennai (Updated 2025)
based on 879
latest salaries
• updated:
10 Mar 2025
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Salary of majority employees
Credit Manager Salary in Chennai ranges between ₹3.3 Lakhs to ₹14.8 Lakhs for 1 year of experience to 9 years of experience. Salary estimates are based on 879 latest salaries received from Credit Manager.
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| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
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| Unlock | 1 job opening | |
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| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
11
yrs
exp.
.
Chennai
(175 salaries)
|
₹2 L/yr - ₹11 L/yr | 3 job openings |
0 -
11
yrs
exp.
.
Chennai
(168 salaries)
|
₹3.8 L/yr - ₹15 L/yr | |
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| ||
0 -
11
yrs
exp.
.
Chennai
(66 salaries)
|
₹2.5 L/yr - ₹9 L/yr | 1 job opening |
0 -
10
yrs
exp.
.
Chennai
(63 salaries)
|
₹3 L/yr - ₹10.7 L/yr | 1 job opening |
2 -
10
yrs
exp.
.
Chennai
(47 salaries)
|
₹4 L/yr - ₹8.7 L/yr | |
0 -
12
yrs
exp.
.
Chennai
(46 salaries)
|
₹4 L/yr - ₹14 L/yr | |
0 -
9
yrs
exp.
.
Chennai
(37 salaries)
|
₹4 L/yr - ₹13.2 L/yr | |
1 -
10
yrs
exp.
.
Chennai
(33 salaries)
|
₹3.5 L/yr - ₹12 L/yr | |
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| ||
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 | 1 job opening |
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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Credit Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(101
salaries)
| Unlock ₹3 L/yr - ₹12 L/yr |
2
years
(90
salaries)
| Unlock ₹3.1 L/yr - ₹11.1 L/yr |
Login to view exact salary
| |
3
years
(88
salaries)
| Unlock ₹3 L/yr - ₹12 L/yr |
4
years
(117
salaries)
| Unlock ₹3 L/yr - ₹11 L/yr |
5
years
(123
salaries)
| Unlock ₹3.4 L/yr - ₹12 L/yr |
View all salaries by experience
Credit Manager Jobs in Chennai
Credit Manager
· 10-20 years
Equitas Small Finance Bank Ltd
Pune
Credit Manager
· 3-6 years
HDB Financial Services
Malappuram
Credit Manager
· 8-9 years
BAJAJ FINANCIAL SECURITIES LIMITED
Hyderabad / Secunderabad
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Manager Salary
6 -
20
years
exp.
(9.7k salaries)
| Unlock ₹7.2 L/yr - ₹36 L/yr |
Chief Manager Salary
7 -
22
years
exp.
(655 salaries)
| Unlock ₹6.5 L/yr - ₹33 L/yr |
Login to view exact salary
| |
Area Credit Manager Salary
5 -
14
years
exp.
(174 salaries)
| Unlock ₹5.7 L/yr - ₹16.9 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(2.2k salaries)
| Unlock ₹3 L/yr - ₹17.5 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(15.9k salaries)
| Unlock ₹4 L/yr - ₹18.1 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
HDFC Bank
Credit Manager in Saharanpur
• posted on 11 Mar 2025
Likes
Salary on time, Hybrid working pattern in my department.
- Job security - Excellent
Dislikes
I had been promoted internally from officer grade to Assistant manager grade. There are not much difference in salary of an Assistant manager & officer grade. So, you starting your promoted career on a demotivated note.
read moreEquitas Small Finance Bank
Deputy Manager in Chennai
• 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
Senior Manager in Mumbai
• posted on 24 Jan 2025
Likes
The work culture is dramatically different from before after the Leadership change. It’s all about work life balance and flexibility now.
read more- Work-life balance - Good
Dislikes
While the work culture has improved there’s now a decline in opportunities for salary growth and promotions.
read more- Skill development - Poor
+4 more
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.
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Credit Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Credit Manager
1 -
10
years
exp.
| Unlock ₹3.6 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 - ₹14.5 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 - ₹14 L/yr |
Login to view exact salary
| |
NBFC Credit Manager
1 -
10
years
exp.
| Unlock ₹3 L/yr - ₹11 L/yr |
Media & Entertainment / Publishing Credit Manager
1 -
9
years
exp.
| Unlock ₹3.5 L/yr - ₹12.7 L/yr |
Insurance Credit Manager
1 -
9
years
exp.
| Unlock ₹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 Chennai?
Salary for a Credit Manager in Chennai ranges between ₹3.3 Lakhs to ₹14.8 Lakhs per year. Salary estimates are based on 879 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 Chennai?
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 Chennai?
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 Chennai?
- 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 - ₹0.3 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 133 jobs posted by employers.
- Finance
- Auditing
- Credit Analysis
- Credit Management
- Sales
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