Retail Credit Manager
Annual salary range
₹5 Lakhs - ₹18 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
Filter salaries byRetail Credit Manager Salary in Banking in India
based on 43
latest salaries
• updated:
31 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise Retail Credit Manager salaries
| Years of experience | Avg. Annual Salary |
|---|---|
4
years
(5
salaries)
|  ₹3 L/yr - ₹9.8 L/yr |
5
years
(4
salaries)
| ₹5 L/yr - ₹12.3 L/yr |
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| |
6
years
(5
salaries)
| ₹5.2 L/yr - ₹9.6 L/yr |
7
years
(8
salaries)
| ₹5.5 L/yr - ₹10.5 L/yr |
8
years
(5
salaries)
| ₹5.6 L/yr - ₹11.3 L/yr |
View all salaries by experience
Retail Credit Manager Salary in
India ranges between ₹5
Lakhs to ₹18
Lakhs for
4 years of experience to 14 years of experience
. Salary estimates are based on
43 latest salaries received
from Retail Credit Manager.
See latest salaries
Retail Credit Manager salaries in different departments
| Department | Avg Annual Salary |
|---|---|
BFSI, Investments & Trading
Retail Credit Manager Salary
4 - 11
years
exp.
(17
salaries)
| ₹5.5 L/yr - ₹14 L/yr |
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| |
Finance & Accounting
Retail Credit Manager Salary
4 - 14
years
exp.
(7
salaries)
| ₹5 L/yr - ₹14.3 L/yr |
Latest annual salaries shared by Retail Credit Managers
1w ago
Tata Motors Finance
Retail Credit Manager
12 years exp.
4w ago
HDFC Bank
Retail Credit Manager
4 years exp.
1mo ago
Bajaj Finserv
Retail Credit Manager
12 years exp.
1mo ago
South Indian Bank
Retail Credit Manager
9 years exp.
1mo ago
HDFC Bank
Retail Credit Manager
4 years exp.
1mo ago
ICICI Bank
Retail Credit Manager
7 years exp.
2mo ago
Tata Capital Housing Finance
Retail Credit Manager
7 years exp.
2mo ago
Karur Vysya Bank
Retail Credit Manager
11 years exp.
2mo ago
IDFC FIRST Bank
Retail Credit Manager
4 years exp.
2mo ago
ICICI Bank
Retail Credit Manager
5 years exp.
View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
12
yrs
exp.
(20 salaries)
|
₹2.9 L/yr - ₹11 L/yr | |
1 -
8
yrs
exp.
(16 salaries)
|
₹5.5 L/yr - ₹12.3 L/yr | |
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| ||
6 -
9
yrs
exp.
(4 salaries)
|
₹9.6 L/yr - ₹12.7 L/yr | |
9 -
11
yrs
exp.
(3 salaries)
|
₹14 L/yr - ₹18.5 L/yr | |
11 -
12
yrs
exp.
(AmbitionBox Estimate)
|
₹14.9 L/yr - ₹19 L/yr | |
0 -
4
yrs
exp.
(AmbitionBox Estimate)
|
₹6.4 L/yr - ₹8.2 L/yr | |
11 -
14
yrs
exp.
(AmbitionBox Estimate)
|
₹9.5 L/yr - ₹12.2 L/yr | |
11 -
13
yrs
exp.
(AmbitionBox Estimate)
|
₹12.7 L/yr - ₹16.2 L/yr | |
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| ||
15 -
17
yrs
exp.
(AmbitionBox Estimate)
|
₹15.3 L/yr - ₹19.5 L/yr | |
14 yrs
exp.
(AmbitionBox Estimate)
|
₹12.6 L/yr - ₹16.1 L/yr | |
Retail Credit Manager Jobs in India
Retail Credit Manager
· 2-3 years
G2G Consultancy & Services
Retail Credit Manager
· 2-4 years
G2G Consultancy & Services
Similar Designation Salaries for Retail Credit Manager
| Designations | Avg Annual Salary |
|---|---|
Area Credit Manager Salary
5 -
13
years
exp.
(1.5k salaries)
| ₹6.5 L/yr - ₹20 L/yr |
Branch Credit Manager Salary
2 -
9
years
exp.
(1.4k salaries)
| ₹3.4 L/yr - ₹9 L/yr |
Login to view exact salary
| |
Credit Manager Salary
1 -
10
years
exp.
(10.1k salaries)
| ₹3.5 L/yr - ₹14 L/yr |
Relationship Manager Salary
1 -
8
years
exp.
(25.5k salaries)
| ₹2.5 L/yr - ₹10 L/yr |
Senior Manager Salary
6 -
19
years
exp.
(24.9k salaries)
| ₹8 L/yr - ₹28 L/yr |
View more similar designations
Salary related reviews by similar designations like Retail Credit Manager
ICICI Bank
Relationship Manager
• posted on 21 Dec 2024
Likes
15 days mandatory leave for DBM and above. Employee loans at 2.5% No ratings - Automatic bonus annually provided performance is on par
read more- Salary - Good
+4 more
Dislikes
Branch team has to sell 15 products. Your Reporting Authority (Boss) can make you or break you.
HDFC Bank
Assistant Manager
• 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
HDFC Bank
Relationship Manager
• posted on 30 Jan 2025
Likes
The salary, week-offs, promotions, job security.
- Salary - Good
+3 more
Dislikes
Immense sales pressure. Biasness towards some specific resources.
- Work satisfaction - Poor
Top skills for Retail Credit Manager
Retail Credit Manager Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
Mumbai
Retail Credit Manager
5 -
12
years
exp.
| ₹6.8 L/yr - ₹14 L/yr |
New Delhi
Retail Credit Manager
4 -
14
years
exp.
| ₹6.5 L/yr - ₹15.7 L/yr |
Login to view exact salary
| |
Chennai
Retail Credit Manager
4 -
13
years
exp.
| ₹3 L/yr - ₹12.7 L/yr |
Gwalior
Retail Credit Manager
4 -
7
years
exp.
| ₹5.9 L/yr - ₹8.5 L/yr |
Lucknow
Retail Credit Manager
10 -
11
years
exp.
| ₹8.1 L/yr - ₹11.5 L/yr |
View More
Frequently Asked Questions about Retail Credit Manager Salaries
What is the salary of a Retail Credit Manager in India?
Salary for a Retail Credit Manager in India ranges between ₹5.0 Lakhs to ₹18.0 Lakhs per year. Salary estimates are based on 43 latest salaries received from various Retail Credit Managers across industries.
What are the top paying companies that employ Retail Credit Managers?
- ICICI Bank Retail Credit Manager Salary - ₹8.4 Lakhs per year
- HDFC Bank Retail Credit Manager Salary - ₹7.0 Lakhs per year
What is the starting salary for a Retail Credit Manager in India?
Average starting Salary for Retail Credit Manager in India is around ₹5.0 Lakhs per year (₹41.7k per month). 4 years of minimum experience is required to be a Retail Credit Manager.
What is the highest salary for a Retail Credit Manager in India?
Highest salary that a Retail Credit Manager can earn is ₹12.3 Lakhs per year (₹1.0L per month).
What are the top paying industries for Retail Credit Manager in India?
- Banking - ₹0.5 Lakhs to 20.4 Lakhs per year
- NBFC - ₹5.9 Lakhs to 10.2 Lakhs per year
- Financial Services - ₹8.0 Lakhs to 9.3 Lakhs per year
- IT Services & Consulting - ₹6.5 Lakhs to 6.5 Lakhs per year
What are the top paying cities for Retail Credit Manager in India?
- Mumbai - ₹5.8 Lakhs to 20.4 Lakhs per year
- Kolkata - ₹0.5 Lakhs to 18.0 Lakhs per year
- New Delhi - ₹6.5 Lakhs to 15.7 Lakhs per year
- Chennai - ₹3.0 Lakhs to 12.7 Lakhs per year
- Bangalore / Bengaluru - ₹6.0 Lakhs to 6.0 Lakhs per year
What are the popular/top skills required to become a Retail Credit Manager?
These are the top skills of a Retail Credit Manager based on 2 jobs posted by employers.
- Private Banking
- Medical Underwriting
- Credit Analysis
- Retail Banking
- Credit Policy
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