Credit Risk Manager

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Credit Risk Manager Salary in India (Updated 2025)

based on 852 latest salaries • updated: 8 Mar 2025
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Annual salary range

₹3.7 Lakhs - ₹28 Lakhs

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Experience wise Credit Risk Manager salaries

Years of experience Avg. Annual Salary
1 year
(75 salaries)
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₹3 L/yr - ₹20 L/yr

2 years
(100 salaries)
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₹4 L/yr - ₹21 L/yr

3 years
(102 salaries)
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₹3.1 L/yr - ₹22 L/yr

4 years
(92 salaries)
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₹3.5 L/yr - ₹23.8 L/yr

5 years
(104 salaries)
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₹4 L/yr - ₹30 L/yr

View all salaries by experience
Credit Risk Manager Salary in India ranges between ₹3.7 Lakhs to ₹28 Lakhs for 1 year of experience to 12 years of experience . Salary estimates are based on 852 latest salaries received from Credit Risk Manager.
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Credit Risk Manager salaries in different departments

Department Avg Annual Salary
BFSI, Investments & Trading
Credit Risk Manager Salary
1 - 11 years exp. (268 salaries)
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₹4 L/yr - ₹25 L/yr

Finance & Accounting
Credit Risk Manager Salary
1 - 11 years exp. (157 salaries)
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₹3.7 L/yr - ₹26 L/yr

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Latest annual salaries shared by Credit Risk Managers

2d ago

Capsave Finance

Credit Risk Manager

1 year exp.

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4d ago

Bank of Baroda

Credit Risk Manager

10 years exp.

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5d ago

Hiranandani Financial Services

Credit Risk Manager

6 years exp.

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6d ago

Ambit Finvest

Credit Risk Manager

2 years exp.

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1w ago

Bajaj Finance

Credit Risk Manager

3 years exp.

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1w ago

SMFG India Credit

Credit Risk Manager

6 years exp.

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1w ago

Bajaj Finance

Credit Risk Manager

6 years exp.

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1w ago

IDFC FIRST Bank

Credit Risk Manager

1 year exp.

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1w ago

GrayQuest

Credit Risk Manager

4 years exp.

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2w ago

ICICI Bank

Credit Risk Manager

2 years exp.

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Top Paying Companies for Credit Risk Manager

Company name Avg Annual Salary Open Jobs
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Curious about top paying companies for Credit Risk Manager

Credit Risk Manager Jobs in India

Credit Risk Manager

· 5-7 years

Muthoot FinCorp (MFL)

·
4.5
₹12 L/yr - ₹15 L/yr

Chennai

Credit Risk Manager

· 1-2 years

PhonePe

·
4.0

Bangalore / Bengaluru

Credit Risk Manager

· 3-8 years

Protiviti India

·
3.2

Kolkata

View all Credit Risk Manager jobs

Similar Designation Salaries for Credit Risk Manager

Designations Avg Annual Salary
Credit Manager Salary
1 - 10 years exp.
(19.7k salaries)
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₹3 L/yr - ₹13 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7 L/yr - ₹40.1 L/yr

Credit Relationship Manager Salary
1 - 8 years exp.
(1.3k salaries)
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₹2.1 L/yr - ₹6.5 L/yr

Chief Manager Salary
6 - 24 years exp.
(14k salaries)
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₹8 L/yr - ₹37 L/yr

Area Credit Manager Salary
4 - 14 years exp.
(4.4k salaries)
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₹5.4 L/yr - ₹19.3 L/yr

View more similar designations
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Credit Risk Manager Salary By Locations

Locations Avg Annual Salary
Mumbai
Credit Risk Manager
1 - 11 years exp.
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₹5.5 L/yr - ₹25 L/yr

New Delhi
Credit Risk Manager
1 - 11 years exp.
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₹4.6 L/yr - ₹28 L/yr

Bangalore / Bengaluru
Credit Risk Manager
1 - 11 years exp.
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₹4.6 L/yr - ₹43 L/yr

Pune
Credit Risk Manager
1 - 11 years exp.
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₹3.5 L/yr - ₹19 L/yr

Gurgaon / Gurugram
Credit Risk Manager
1 - 11 years exp.
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₹6.3 L/yr - ₹40 L/yr

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Credit Risk Manager Salary By Industries

Industries Avg Annual Salary

Financial Services

Credit Risk Manager
1 - 12 years exp.
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₹4.4 L/yr - ₹27 L/yr

Banking

Credit Risk Manager
1 - 11 years exp.
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₹5 L/yr - ₹24 L/yr

NBFC

Credit Risk Manager
1 - 11 years exp.
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₹3.3 L/yr - ₹19.5 L/yr

Insurance

Credit Risk Manager
1 - 9 years exp.
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₹5.5 L/yr - ₹20 L/yr

Media & Entertainment / Publishing

Credit Risk Manager
1 - 8 years exp.
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₹6 L/yr - ₹19.8 L/yr

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Frequently Asked Questions about Credit Risk Manager Salaries

What is the salary of a Credit Risk Manager in India?
Salary for a Credit Risk Manager in India ranges between ₹3.7 Lakhs to ₹28.0 Lakhs per year. Salary estimates are based on 852 latest salaries received from various Credit Risk Managers across industries.
What are the top paying companies that employ Credit Risk Managers?
What is the starting salary for a Credit Risk Manager in India?
Average starting Salary for Credit Risk Manager in India is around ₹3.7 Lakhs per year (₹30.8k per month). 1 year of minimum experience is required to be a Credit Risk Manager.
What is the highest salary for a Credit Risk Manager in India?
Highest salary that a Credit Risk Manager can earn is ₹24.9 Lakhs per year (₹2.1L per month).
What are the top paying industries for Credit Risk Manager in India?
What are the top paying cities for Credit Risk Manager in India?
What are the popular/top skills required to become a Credit Risk Manager?
These are the top skills of a Credit Risk Manager based on 20 jobs posted by employers.
  • Python
  • Risk Management
  • Credit Analysis
  • Credit Risk Modelling
  • Credit Appraisal

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