Credit Manager
Annual salary range
₹2.8 Lakhs - ₹11.1 Lakhs
Very High Confidence 
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Indore
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Credit Manager Salary in Indore (Updated 2025)
based on 389
latest salaries
• updated:
12 Mar 2025
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Salary of majority employees
Credit Manager Salary in Indore ranges between ₹2.8 Lakhs to ₹11.1 Lakhs for 1 year of experience to 9 years of experience. Salary estimates are based on 389 latest salaries received from Credit Manager.
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Top paying companies
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Latest annual salaries
Salaries by experience
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Similar designations
Salary related reviews
Top interview questions
| 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 -
10
yrs
exp.
.
Indore
(53 salaries)
|
₹2.8 L/yr - ₹10.5 L/yr | |
1 -
9
yrs
exp.
.
Indore
(44 salaries)
|
₹3.3 L/yr - ₹11 L/yr | |
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| ||
0 -
9
yrs
exp.
.
Indore
(19 salaries)
|
₹2.5 L/yr - ₹9.7 L/yr | |
1 -
9
yrs
exp.
.
Indore
(19 salaries)
|
₹3 L/yr - ₹8.1 L/yr | |
4 -
8
yrs
exp.
.
Indore
(13 salaries)
|
₹4.9 L/yr - ₹10 L/yr | |
2 -
9
yrs
exp.
.
Indore
(12 salaries)
|
₹5.8 L/yr - ₹14 L/yr | 1 job opening |
0 -
8
yrs
exp.
.
Indore
(12 salaries)
|
₹2.7 L/yr - ₹6.7 L/yr | |
2 -
9
yrs
exp.
.
Indore
(11 salaries)
|
₹4.5 L/yr - ₹10.4 L/yr | |
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| ||
1 -
10
yrs
exp.
.
Indore
(11 salaries)
|
₹2.5 L/yr - ₹8 L/yr | 5 job openings |
2 -
10
yrs
exp.
.
Indore
(11 salaries)
|
₹5.5 L/yr - ₹13.2 L/yr | 7 job openings |
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
(37
salaries)
| Unlock ₹2.5 L/yr - ₹7.5 L/yr |
2
years
(44
salaries)
| Unlock ₹2.3 L/yr - ₹12 L/yr |
Login to view exact salary
| |
3
years
(53
salaries)
| Unlock ₹2.5 L/yr - ₹8.5 L/yr |
4
years
(47
salaries)
| Unlock ₹2.9 L/yr - ₹10 L/yr |
5
years
(73
salaries)
| Unlock ₹3.1 L/yr - ₹9.6 L/yr |
View all salaries by experience
Credit Manager Jobs in Indore
Credit Manager
· 10-20 years
Equitas Small Finance Bank Ltd
Pune
Credit Manager
· 3-6 years
HDB Financial Services
Malappuram
Credit Manager
· 4-5 years
BAJAJ FINANCIAL SECURITIES LIMITED
Mangaluru
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Chief Manager Salary
7 -
20
years
exp.
(70 salaries)
| Unlock ₹7.1 L/yr - ₹31.8 L/yr |
Credit Officer Salary
1 -
7
years
exp.
(120 salaries)
| Unlock ₹1.8 L/yr - ₹4.2 L/yr |
Login to view exact salary
| |
Senior Manager Salary
6 -
20
years
exp.
(800 salaries)
| Unlock ₹5.3 L/yr - ₹30 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(2.1k salaries)
| Unlock ₹4 L/yr - ₹15 L/yr |
Area Credit Manager Salary
5 -
13
years
exp.
(129 salaries)
| Unlock ₹6.5 L/yr - ₹18.8 L/yr |
View more similar designations
Salary related reviews by similar designations like Credit Manager
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 moreIDFC FIRST Bank
Deputy Manager in Mumbai
• posted on 02 Feb 2025
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
Canara Bank
Chief Manager in Ernakulam
• 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
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
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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 Indore?
Salary for a Credit Manager in Indore ranges between ₹2.8 Lakhs to ₹11.1 Lakhs per year. Salary estimates are based on 389 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 Indore?
Average starting Salary for Credit Manager in India is around ₹2.8 Lakhs per year (₹23.3k per month). 1 year of minimum experience is required to be a Credit Manager.
What is the highest salary for a Credit Manager in Indore?
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 Indore?
- Banking - ₹2.0 Lakhs to 19.0 Lakhs per year
- Financial Services - ₹2.0 Lakhs to 10.4 Lakhs per year
- NBFC - ₹2.0 Lakhs to 13.2 Lakhs per year
- Investment Banking / Venture Capital / Private Equity - ₹3.0 Lakhs to 6.8 Lakhs per year
- FinTech - ₹3.1 Lakhs to 4.2 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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