Credit Policy Manager
Annual salary range
₹5.3 Lakhs - ₹18 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
AmbitionBox
Search
Reviews
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Filter salaries byCredit Policy Manager Salary in Mumbai
based on 45
latest salaries
• updated:
15 Feb 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Credit Policy Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(9
salaries)
|  ₹8 L/yr - ₹12 L/yr |
2
years
(10
salaries)
| ₹5 L/yr - ₹13 L/yr |
Login to view exact salary
| |
3
years
(7
salaries)
| ₹6 L/yr - ₹17.4 L/yr |
4
years
(10
salaries)
| ₹5.3 L/yr - ₹18 L/yr |
5
years
(5
salaries)
| ₹7.5 L/yr - ₹17 L/yr |
View all salaries by experience
Credit Policy Manager Salary in
Mumbai ranges between ₹5.3
Lakhs to ₹18
Lakhs for
1 year of experience to 10 years of experience
. Salary estimates are based on
45 latest salaries received
from Credit Policy Manager.
See latest salaries
Credit Policy Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Credit Policy Manager Salary
1 - 8
years
exp.
(18
salaries)
| ₹7.5 L/yr - ₹16.3 L/yr |
Login to view exact salary
| |
Finance & Accounting
Credit Policy Manager Salary
1 - 4
years
exp.
(9
salaries)
| ₹8 L/yr - ₹18 L/yr |
Latest annual salaries shared by Credit Policy Managers
1w ago
DCB Bank
Credit Policy Manager
9 years exp.
1w ago
L&T Finance
Credit Policy Manager
3 years exp.
1w ago
DBS Bank
Credit Policy Manager
7 years exp.
1w ago
ICICI Bank
Credit Policy Manager
4 years exp.
3w ago
ICICI Bank
Credit Policy Manager
3 years exp.
3w ago
Mahindra Finance
Credit Policy Manager
4 years exp.
4w ago
RBL Bank
Credit Policy Manager
6 years exp.
4w ago
L&T Finance
Credit Policy Manager
2 years exp.
1mo ago
ICICI Bank
Credit Policy Manager
7 years exp.
1mo ago
ICICI Bank
Credit Policy Manager
6 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
0 -
4
yrs
exp.
.
Mumbai
(21 salaries)
|
₹6 L/yr - ₹17.4 L/yr | |
0 -
5
yrs
exp.
.
Mumbai
(16 salaries)
|
₹5 L/yr - ₹14.7 L/yr | |
Login to view exact salary
| ||
2 -
9
yrs
exp.
.
Mumbai
(3 salaries)
|
₹15.5 L/yr - ₹21 L/yr | |
4 -
8
yrs
exp.
.
Mumbai
(3 salaries)
|
₹7.5 L/yr - ₹13.2 L/yr | |
2 -
4
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹12.2 L/yr - ₹15.5 L/yr | |
2 -
3
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹4.9 L/yr - ₹6.2 L/yr | |
12 -
13
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹16.7 L/yr - ₹21.3 L/yr | |
Fresher
.
Mumbai
(AmbitionBox Estimate)
|
₹17.1 L/yr - ₹21.9 L/yr | |
Login to view exact salary
| ||
5 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹15.3 L/yr - ₹19.5 L/yr | |
10 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹9.5 L/yr - ₹12.1 L/yr | |
Similar Designation Salaries for Credit Policy Manager
| Designations | Avg Annual Salary |
|---|---|
Credit Risk Manager Salary
1 -
11
years
exp.
(214 salaries)
| ₹5.5 L/yr - ₹25 L/yr |
Credit Manager Salary
1 -
10
years
exp.
(2.8k salaries)
| ₹3.6 L/yr - ₹13.5 L/yr |
Login to view exact salary
| |
Area Credit Manager Salary
4 -
13
years
exp.
(370 salaries)
| ₹6.7 L/yr - ₹20 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(29.8k salaries)
| ₹8 L/yr - ₹36 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(31.2k salaries)
| ₹3.7 L/yr - ₹16.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Credit Policy Manager
ICICI Bank
Deputy Manager in Hyderabad / Secunderabad
• posted on 01 Feb 2025
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.
read more- Work satisfaction - Poor
+1 more
L&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
L&T Finance
Area Credit Manager in Jaipur
• posted on 04 Oct 2023
Likes
Compensation and growth..work recognition and infrastructure
- Salary - Excellent
+4 more
Dislikes
Balance of professional and personal life balance is missing
Credit Policy Manager Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
Bangalore / Bengaluru
Credit Policy Manager
1 -
6
years
exp.
| ₹6.9 L/yr - ₹13 L/yr |
Noida
Credit Policy Manager
4 -
6
years
exp.
| ₹5.7 L/yr - ₹11.5 L/yr |
Login to view exact salary
| |
New Delhi
Credit Policy Manager
4 -
5
years
exp.
| ₹6 L/yr - ₹8.3 L/yr |
Hyderabad / Secunderabad
Credit Policy Manager
7 -
8
years
exp.
| ₹9.5 L/yr - ₹49 L/yr |
Pune
Credit Policy Manager
5 -
6
years
exp.
| ₹21.6 L/yr - ₹27.6 L/yr |
View More
Credit Policy Manager Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
Credit Policy Manager
1 -
10
years
exp.
| ₹6 L/yr - ₹21 L/yr |
NBFC
Credit Policy Manager
1 -
10
years
exp.
| ₹8 L/yr - ₹24 L/yr |
Login to view exact salary
| |
Banking
Credit Policy Manager
1 -
9
years
exp.
| ₹5.7 L/yr - ₹21 L/yr |
Banking / Insurance / Accounting
Credit Policy Manager
1 -
4
years
exp.
| ₹8 L/yr - ₹14 L/yr |
FinTech
Credit Policy Manager
2 -
6
years
exp.
| ₹4.8 L/yr - ₹24 L/yr |
View More
Frequently Asked Questions about Credit Policy Manager Salaries
What is the salary of a Credit Policy Manager in India?
Salary for a Credit Policy Manager in India ranges between ₹5.3 Lakhs to ₹18.0 Lakhs per year. Salary estimates are based on 45 latest salaries received from various Credit Policy Managers across industries.
What is the starting salary for a Credit Policy Manager in India?
Average starting Salary for Credit Policy Manager in India is around ₹5.3 Lakhs per year (₹44.2k per month). 1 year of minimum experience is required to be a Credit Policy Manager.
What is the highest salary for a Credit Policy Manager in India?
Highest salary that a Credit Policy Manager can earn is ₹17.4 Lakhs per year (₹1.4L per month).
What are the top paying industries for Credit Policy Manager in India?
- Engineering & Construction - ₹18.5 Lakhs to 18.5 Lakhs per year
- Financial Services - ₹17.0 Lakhs to 17.0 Lakhs per year
- Banking - ₹5.0 Lakhs to 22.0 Lakhs per year
- NBFC - ₹6.0 Lakhs to 23.7 Lakhs per year
- FinTech - ₹4.8 Lakhs to 6.0 Lakhs per year
What are the top paying cities for Credit Policy Manager in India?
- Jaipur - ₹11.5 Lakhs to 20.0 Lakhs per year
- New Delhi - ₹6.7 Lakhs to 25.0 Lakhs per year
- Mumbai - ₹4.8 Lakhs to 23.7 Lakhs per year
- Bangalore / Bengaluru - ₹6.9 Lakhs to 13.0 Lakhs per year
- Noida - ₹5.7 Lakhs to 11.5 Lakhs per year
Tell us how to improve this page.
- Home >
- Salaries >
- Credit Policy Manager Salary >
- Credit Policy Manager Salary in Mumbai
Rate your company