Low Confidence means the data is based on a small number of latest salaries.
Credit Manager Salary in
Dumka ranges between ₹2.6
Lakhs to ₹3.6
Lakhs for
5 years of experience to 7 years of experience
. Salary estimates are based on
3 latest salaries received
from Credit Manager.
Salary related reviews by similar designations like Credit Manager
ICICI Bank
Deputy Manager in
Hyderabad / Secunderabad
4.0
• posted on 01 Feb 2025
3.0
for Salary and Benefits
Likes
Job Security
Job security - Good
Dislikes
I have concerns regarding ICICI Bank's compensation and work culture. Specifically:
- Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work.
- Workload: Employees are often overloaded with excessive work, leading to undue stress.
- Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges.
- Promotion and hikes: Opportunities for growth and salary increases seem limited.
- Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language.
- Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well.
- Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific.
- Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life.
- No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.
strong brand reputation, good learning and development opportunities, a supportive work culture with helpful colleagues, competitive salary and incentives, and the potential for career growth within the organization
Company is giving internal promotions and incentive for all employés irrespective of function.
Job security - Good
+2 more
Dislikes
Low salary for existing employees and giving better salary for new entrance in the same role 6 Days working is very hectic , company collecting money from employees for evening tea., Parent insurance is not available. Etc...
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.
...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
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).
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 ₹2.6 Lakhs to ₹3.6 Lakhs per year. Salary estimates are based on 3 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 ₹2.6 Lakhs per year (₹21.7k per month). 5 years 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 cities for Credit Manager in India?