Credit Manager
Annual salary range
₹3.6 Lakhs - ₹13.5 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 Mumbai
based on 2.8k
latest salaries
• updated:
19 Feb 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
(370
salaries)
|  ₹3.5 L/yr - ₹12 L/yr |
2
years
(417
salaries)
| ₹3.5 L/yr - ₹12.5 L/yr |
Login to view exact salary
| |
3
years
(376
salaries)
| ₹3.6 L/yr - ₹13 L/yr |
4
years
(380
salaries)
| ₹3.5 L/yr - ₹13.9 L/yr |
5
years
(410
salaries)
| ₹3.5 L/yr - ₹14 L/yr |
View all salaries by experience
Credit Manager Salary in
Mumbai ranges between ₹3.6
Lakhs to ₹13.5
Lakhs for
1 year of experience to 10 years of experience
. Salary estimates are based on
2.8k 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.
(1.1k
salaries)
| ₹3.6 L/yr - ₹13.8 L/yr |
Login to view exact salary
| |
Finance & Accounting
Credit Manager Salary
1 - 10
years
exp.
(978
salaries)
| ₹3.6 L/yr - ₹13.5 L/yr |
View all departments salaries
Explore on this page
Top paying companies
Popular companies
Jobs
available
Similar designations
Salary related reviews
Top interview questions
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 |
|---|---|---|
| | ||
| | ||
| | 2 job openings | |
| | ||
| | ||
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
11
yrs
exp.
.
Mumbai
(567 salaries)
|
₹4.3 L/yr - ₹15 L/yr | |
0 -
11
yrs
exp.
.
Mumbai
(452 salaries)
|
₹4 L/yr - ₹15 L/yr | 5 job openings |
Login to view exact salary
| ||
0 -
11
yrs
exp.
.
Mumbai
(241 salaries)
|
₹4 L/yr - ₹13 L/yr | |
0 -
10
yrs
exp.
.
Mumbai
(212 salaries)
|
₹4.1 L/yr - ₹12.3 L/yr | 1 job opening |
0 -
13
yrs
exp.
.
Mumbai
(148 salaries)
|
₹4 L/yr - ₹15.3 L/yr | |
1 -
13
yrs
exp.
.
Mumbai
(99 salaries)
|
₹3 L/yr - ₹10 L/yr | |
0 -
10
yrs
exp.
.
Mumbai
(80 salaries)
|
₹3 L/yr - ₹12.4 L/yr | 13 job openings |
1 -
12
yrs
exp.
.
Mumbai
(75 salaries)
|
₹3.2 L/yr - ₹13.3 L/yr | |
Login to view exact salary
| ||
0 -
10
yrs
exp.
.
Mumbai
(73 salaries)
|
₹4.6 L/yr - ₹14.1 L/yr | |
1 -
9
yrs
exp.
.
Mumbai
(56 salaries)
|
₹4.6 L/yr - ₹12.5 L/yr | |
Credit Manager Jobs in Mumbai
Credit Manager
· 8-13 years
Marriott
Bangalore / Bengaluru
Credit Manager
· 4-9 years
Hdfc Bank
₹7
L/yr
- ₹17
L/yr
Bangalore / Bengaluru
Credit Manager
· 1-3 years
Tata Capital Ltd
Indore
Similar Designation Salaries for Credit Manager
| Designations | Avg Annual Salary |
|---|---|
Credit Officer Salary
1 -
7
years
exp.
(655 salaries)
| ₹2 L/yr - ₹8.5 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(29.8k salaries)
| ₹8 L/yr - ₹36 L/yr |
Login to view exact salary
| |
Chief Manager Salary
6 -
24
years
exp.
(4.5k salaries)
| ₹9.8 L/yr - ₹37.6 L/yr |
Area Credit Manager Salary
4 -
13
years
exp.
(376 salaries)
| ₹6.9 L/yr - ₹20.1 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(2.6k salaries)
| ₹3.1 L/yr - ₹22 L/yr |
View more similar designations
Salary related reviews by similar designations like Credit Manager
Bajaj Finserv
Manager in Bangalore / Bengaluru
• posted on 27 Nov 2024
Likes
"Salary and promotions are good, but when it comes to work-life balance, it's zero. We need to work on Sundays, and there's not enough time to spend with family. The working hours are from 10 AM to 9 PM."
read more- Salary - Excellent
+1 more
Dislikes
Sunday working and office time
- Work-life balance - Bad
Muthoot Finance
Senior Manager in Bangalore / Bengaluru
• posted on 18 Feb 2025
Likes
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...
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
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
Axis Bank
Deputy Manager in Bangalore / Bengaluru
• posted on 24 Jan 2025
Likes
Skill development compared to other bank axis provide good learnings
- Job security - Good
Dislikes
Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated
read more- Work satisfaction - Poor
+2 more
Top skills for Credit Manager
Credit Manager Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
Credit Manager
1 -
10
years
exp.
| ₹3.5 L/yr - ₹13.6 L/yr |
Bangalore / Bengaluru
Credit Manager
1 -
10
years
exp.
| ₹3.5 L/yr - ₹14.4 L/yr |
Login to view exact salary
| |
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 - ₹12.3 L/yr |
Jaipur
Credit Manager
1 -
9
years
exp.
| ₹3 L/yr - ₹12 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 |
Insurance
Credit Manager
1 -
9
years
exp.
| ₹3.5 L/yr - ₹13 L/yr |
FinTech
Credit Manager
1 -
9
years
exp.
| ₹3.3 L/yr - ₹9.5 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 ₹3.6 Lakhs to ₹13.5 Lakhs per year. Salary estimates are based on 2.8k latest salaries received from various Credit Managers across industries.
What are the top paying companies that employ Credit Managers?
- Barclays Credit Manager Salary - ₹20.0 Lakhs per year
- IDBI Bank Credit Manager Salary - ₹19.7 Lakhs per year
- Barclays Shared Services Credit Manager Salary - ₹19.6 Lakhs per year
- State Bank of India Credit Manager Salary - ₹19.1 Lakhs per year
- Canara Bank Credit Manager Salary - ₹18.8 Lakhs per year
What is the starting salary for a Credit Manager in India?
Average starting Salary for Credit Manager in India is around ₹3.6 Lakhs per year (₹30.0k 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?
- Banking - ₹1.5 Lakhs to 30.0 Lakhs per year
- Internet - ₹0.7 Lakhs to 25.0 Lakhs per year
- Financial Services - ₹1.6 Lakhs to 55.0 Lakhs per year
- NBFC - ₹2.4 Lakhs to 18.0 Lakhs per year
- FinTech - ₹0.2 Lakhs to 12.0 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 58.0 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 31.0 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 154 jobs posted by employers.
- Auditing
- Finance
- Sales
- Credit Analysis
- Credit Management
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