Credit Risk Manager
Annual salary range
₹5.5 Lakhs - ₹25 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 Risk Manager Salary in Mumbai (Updated 2025)
based on 220
latest salaries
• updated:
19 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Credit Risk Manager Salary in Mumbai ranges between ₹5.5 Lakhs to ₹25 Lakhs for 1 year of experience to 11 years of experience. Salary estimates are based on 220 latest salaries received from Credit Risk...
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Top paying companies
Popular companies
Latest annual salaries
Salaries by experience
Jobs
available
Similar designations
Salary related reviews
Top interview questions
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
ICICI Bank Credit Risk Manager Salary
2 years exp |  | |
HDFC Bank Credit Risk Manager Salary
2 years exp | | |
 Credit Risk Manager Salary
2 years exp | | |
 Credit Risk Manager Salary
2 years exp | | |
Is this list helpful? | ||
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
|
0 -
5
yrs
exp.
.
Mumbai
(31 salaries)
|
₹8 L/yr - ₹27.5 L/yr | |
|
1 -
11
yrs
exp.
.
Mumbai
(26 salaries)
|
₹5.5 L/yr - ₹15.9 L/yr | |
Login to view exact salary
| ||
|
1 -
8
yrs
exp.
.
Mumbai
(20 salaries)
|
₹6 L/yr - ₹20.5 L/yr | |
3 -
11
yrs
exp.
.
Mumbai
(15 salaries)
|
₹18 L/yr - ₹30 L/yr | |
|
1 -
7
yrs
exp.
.
Mumbai
(14 salaries)
|
₹5.2 L/yr - ₹14 L/yr | |
2 -
4
yrs
exp.
.
Mumbai
(8 salaries)
|
₹7.4 L/yr - ₹12.3 L/yr | |
3 -
11
yrs
exp.
.
Mumbai
(7 salaries)
|
₹10 L/yr - ₹21 L/yr | |
1 -
9
yrs
exp.
.
Mumbai
(7 salaries)
|
₹6.5 L/yr - ₹9.5 L/yr | |
Login to view exact salary
| ||
5 -
16
yrs
exp.
.
Mumbai
(5 salaries)
|
₹18.2 L/yr - ₹25 L/yr | |
6 -
11
yrs
exp.
.
Mumbai
(5 salaries)
|
₹13 L/yr - ₹15 L/yr | |
Latest annual salaries shared by Credit Risk Managers
2d ago
Capsave Finance
Credit Risk Manager
1 year exp.
4d ago
Bank of Baroda
Credit Risk Manager
10 years exp.
5d ago
Hiranandani Financial Services
Credit Risk Manager
6 years exp.
6d ago
Ambit Finvest
Credit Risk Manager
2 years exp.
1w ago
Bajaj Finance
Credit Risk Manager
3 years exp.
1w ago
SMFG India Credit
Credit Risk Manager
6 years exp.
1w ago
Bajaj Finance
Credit Risk Manager
6 years exp.
1w ago
IDFC FIRST Bank
Credit Risk Manager
1 year exp.
1w ago
GrayQuest
Credit Risk Manager
4 years exp.
2w ago
ICICI Bank
Credit Risk Manager
2 years exp.
View all latest salaries
Credit Risk Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(21
salaries)
| ₹5.5 L/yr - ₹20.5 L/yr |
2
years
(30
salaries)
| ₹5 L/yr - ₹19.3 L/yr |
Login to view exact salary
| |
3
years
(35
salaries)
| ₹5.2 L/yr - ₹22 L/yr |
4
years
(28
salaries)
| ₹5.4 L/yr - ₹23 L/yr |
5
years
(26
salaries)
| ₹6.3 L/yr - ₹27.5 L/yr |
View all salaries by experience
Credit Risk Manager Jobs in Mumbai
Credit Risk Manager
· 5-7 years
Muthoot FinCorp (MFL)
₹12
L/yr
- ₹15
L/yr
Chennai
Credit Risk Manager
· 1-3 years
JP Morgan Chase
Credit Risk Manager
· 1-2 years
PhonePe
Bangalore / Bengaluru
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Credit Manager Salary
1 -
10
years
exp.
(2.8k salaries)
| ₹3.6 L/yr - ₹13.5 L/yr |
Credit Relationship Manager Salary
1 -
8
years
exp.
(166 salaries)
| ₹2.2 L/yr - ₹10.8 L/yr |
Login to view exact salary
| |
Senior Manager Salary
6 -
20
years
exp.
(30.1k salaries)
| ₹8 L/yr - ₹36 L/yr |
Chief Manager Salary
6 -
24
years
exp.
(4.5k salaries)
| ₹9.9 L/yr - ₹37.8 L/yr |
Area Credit Manager Salary
4 -
13
years
exp.
(373 salaries)
| ₹6.7 L/yr - ₹20 L/yr |
View more similar designations
Salary related reviews by similar designations like Credit Risk Manager
ICICI Bank
Branch Manager in Macherla
• posted on 20 Feb 2025
Likes
Good to work on icici
- Salary - Good
+3 more
Dislikes
...and audit teams are involving the branches and wrong potrait to super officials. Low level lady staff are working for only salary not for organisation. They will escalate the small things to HR also.
read moreHDFC Bank
Assistant Manager in Lucknow
• posted on 12 Jan 2025
Likes
Salary on time.
- Work-life balance - Good
Dislikes
Good but,very High pressure for operation staff for sales work with,sales target of casa,fd, insurance,sip, other, In this organization there is nothing in operation work in retail branch banking. If sales pressure trun off from service satff then no job is better of it.
read more- Promotions - Poor
+1 more
Yes Bank
Deputy Manager in Kolkata
• posted on 11 Dec 2024
Likes
It’s good about salary on time.
- Salary - Excellent
+1 more
Dislikes
i work here for 2 month and i resign this job due to my family issue but they didn’t provide me release letter.
- Promotions - Poor
+3 more
Top skills for Credit Risk Manager
Credit Risk Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Credit Risk Manager
1 -
11
years
exp.
| ₹5 L/yr - ₹25 L/yr |
Bangalore / Bengaluru
Credit Risk Manager
1 -
11
years
exp.
| ₹4.6 L/yr - ₹43 L/yr |
Login to view exact salary
| |
Pune
Credit Risk Manager
1 -
11
years
exp.
| ₹3.5 L/yr - ₹19 L/yr |
Gurgaon / Gurugram
Credit Risk Manager
1 -
11
years
exp.
| ₹6.3 L/yr - ₹40 L/yr |
Hyderabad / Secunderabad
Credit Risk Manager
1 -
12
years
exp.
| ₹4 L/yr - ₹22.2 L/yr |
View More
Credit Risk Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Credit Risk Manager
1 -
12
years
exp.
| ₹4.4 L/yr - ₹27 L/yr |
Banking Credit Risk Manager
1 -
11
years
exp.
| ₹5 L/yr - ₹25 L/yr |
Login to view exact salary
| |
NBFC Credit Risk Manager
1 -
11
years
exp.
| ₹3.3 L/yr - ₹19.5 L/yr |
Insurance Credit Risk Manager
1 -
9
years
exp.
| ₹5.5 L/yr - ₹19.8 L/yr |
Media & Entertainment / Publishing Credit Risk Manager
1 -
8
years
exp.
| ₹6 L/yr - ₹19.5 L/yr |
View More
Frequently Asked Questions (FAQS) about Credit Risk Manager Salaries
What is the salary of a Credit Risk Manager in India?
The salary of a Credit Risk Manager in India varies based on experience, location, company & Industry.
On average, Credit Risk Manager salaries ranges from ₹5.5 Lakhs to ₹25.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹5.5 Lakhs to ₹25.0 Lakhs per year, with the highest salary reaching ₹8.4 Lakhs to ₹22.0 Lakhs per year. Salary estimates are based on 220 salaries received from various Credit Risk Managers across industries.
The average starting salary is around ₹5.5 Lakhs to ₹25.0 Lakhs per year, with the highest salary reaching ₹8.4 Lakhs to ₹22.0 Lakhs per year. Salary estimates are based on 220 salaries received from various Credit Risk Managers across industries.
What are the top paying companies that employ Credit Risk Managers?
Credit Risk Manager Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| ICICI Bank Credit Risk Manager Salary | ₹8.4 Lakhs to ₹22 Lakhs per year |
| HDFC Bank Credit Risk Manager Salary | ₹6 Lakhs to ₹18.5 Lakhs per year |
| Kotak Mahindra Bank Credit Risk Manager Salary | ₹5.5 Lakhs to ₹16.6 Lakhs per year |
| Yes Bank Credit Risk Manager Salary | ₹5 Lakhs to ₹12 Lakhs per year |
What are the top paying cities for Credit Risk Manager in India?
The annual salary for Credit Risk Manager in India varies by location. Top paying cities for Credit Risk Manager are
Salary expectations for Credit Risk Manager may vary based on job roles, experience, and specific employer requirements.
| Credit Risk Manager Salary in New Delhi | ₹5.0 Lakhs to ₹25.0 Lakhs per year |
| Credit Risk Manager Salary in Bangalore / Bengaluru | ₹4.6 Lakhs to ₹43.0 Lakhs per year |
| Credit Risk Manager Salary in Pune | ₹3.5 Lakhs to ₹19.0 Lakhs per year |
| Credit Risk Manager Salary in Gurgaon / Gurugram | ₹6.3 Lakhs to ₹40.0 Lakhs per year |
| Credit Risk Manager Salary in Hyderabad / Secunderabad | ₹4.0 Lakhs to ₹22.2 Lakhs per year |
What are the top paying industries for Credit Risk Manager in India?
Top 5 paying Industries for Credit Risk Manager in India are:
| Credit Risk Manager Salary in Financial Services | ₹4.4 Lakhs to ₹27.0 Lakhs per year |
| Credit Risk Manager Salary in Banking | ₹5.0 Lakhs to ₹25.0 Lakhs per year |
| Credit Risk Manager Salary in NBFC | ₹3.3 Lakhs to ₹19.5 Lakhs per year |
| Credit Risk Manager Salary in Insurance | ₹5.5 Lakhs to ₹19.8 Lakhs per year |
| Credit Risk Manager Salary in Media & Entertainment / Publishing | ₹6.0 Lakhs to ₹19.5 Lakhs per year |
How does experience affect salaries of a Credit Risk Manager in India?
Experience significantly impacts a Credit Risk Manager salary in India. Salaries increase with experience, as Credit Risk Manager take on more complex tasks, responsibilities, and leadership roles.
Credit Risk Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹5.5 Lakhs to ₹20.5 Lakhs per year |
| 2 years | ₹5.0 Lakhs to ₹19.3 Lakhs per year |
| 3 years | ₹5.2 Lakhs to ₹22.0 Lakhs per year |
| 4 years | ₹5.4 Lakhs to ₹23.0 Lakhs per year |
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