Retail Credit Manager
Annual salary range
₹6.8 Lakhs - ₹14 Lakhs
Low Confidence 
Low Confidence means the data is based on a small number of latest salaries.
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Filter salaries byRetail Credit Manager Salary in Mumbai (Updated 2025)
based on 10
latest salaries
• updated:
5 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Retail Credit Manager Salary in Mumbai ranges between ₹6.8 Lakhs to ₹14 Lakhs for 5 years of experience to 12 years of experience. Salary estimates are based on 10 latest salaries received from Retail Credit...
Read More
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
10 -
12
yrs
exp.
.
Mumbai
(5 salaries)
|
₹9.5 L/yr - ₹10.2 L/yr | |
2 -
8
yrs
exp.
.
Mumbai
(3 salaries)
|
₹5.8 L/yr - ₹12.9 L/yr | |
Login to view exact salary
| ||
9 -
11
yrs
exp.
.
Mumbai
(3 salaries)
|
₹12.6 L/yr - ₹16.1 L/yr | |
11 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹6.2 L/yr - ₹7.9 L/yr | |
17 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹15.3 L/yr - ₹19.5 L/yr | |
11 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹18.4 L/yr - ₹23.5 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
Retail Credit Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
5
years
(1
salaries)
|  ₹12.9 L/yr - ₹12.9 L/yr |
8
years
(1
salaries)
| ₹5.8 L/yr - ₹5.8 L/yr |
Login to view exact salary
| |
9
years
(1
salaries)
| ₹14 L/yr - ₹14 L/yr |
10
years
(2
salaries)
| ₹10.2 L/yr - ₹14 L/yr |
11
years
(5
salaries)
| ₹6.8 L/yr - ₹20.4 L/yr |
View all salaries by experience
Retail Credit Manager Jobs in Mumbai
Retail Credit Manager
· 2-3 years
G2G Consultancy & Services
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Area Credit Manager Salary
4 -
13
years
exp.
(370 salaries)
| ₹7 L/yr - ₹19.8 L/yr |
Branch Credit Manager Salary
2 -
9
years
exp.
(370 salaries)
| ₹3.8 L/yr - ₹10 L/yr |
Login to view exact salary
| |
Credit Manager Salary
1 -
10
years
exp.
(2.8k salaries)
| ₹3.6 L/yr - ₹13.5 L/yr |
Relationship Manager Salary
1 -
8
years
exp.
(9.7k salaries)
| ₹2.2 L/yr - ₹10 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(30.3k salaries)
| ₹8 L/yr - ₹36 L/yr |
View more similar designations
Salary related reviews by similar designations like Retail Credit Manager
HDFC 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
ICICI Bank
Relationship Manager in Tuni
• posted on 17 Mar 2025
Likes
Good environment and learn how to talk with customers and know how to resolve the problem in tough situation.
- Skill development - Excellent
+5 more
Dislikes
Salary is very low .
HDFC Bank
Relationship Manager in Mumbai
• posted on 22 Feb 2025
Likes
I like because of international trip and some time getting incentive
- Job security - Good
Dislikes
No promotion and lots of politics and no salary increment
Top skills for Retail Credit Manager
Retail Credit Manager Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Retail Credit Manager
4 -
14
years
exp.
| ₹6.5 L/yr - ₹15.7 L/yr |
Chennai
Retail Credit Manager
3 -
13
years
exp.
| ₹3 L/yr - ₹12.7 L/yr |
Login to view exact salary
| |
Gwalior
Retail Credit Manager
4 -
7
years
exp.
| ₹5.9 L/yr - ₹8.5 L/yr |
Pune
Retail Credit Manager
3 -
8
years
exp.
| ₹7.7 L/yr - ₹10.8 L/yr |
Hyderabad / Secunderabad
Retail Credit Manager
5 -
7
years
exp.
| ₹5 L/yr - ₹5.2 L/yr |
View More
Retail Credit Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Retail Credit Manager
3 -
14
years
exp.
| ₹3.9 L/yr - ₹15.7 L/yr |
Banking Retail Credit Manager
3 -
14
years
exp.
| ₹3.9 L/yr - ₹15.7 L/yr |
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| |
NBFC Retail Credit Manager
3 -
12
years
exp.
| ₹3 L/yr - ₹10.8 L/yr |
Media & Entertainment / Publishing Retail Credit Manager
3 -
12
years
exp.
| ₹3 L/yr - ₹11 L/yr |
Insurance Retail Credit Manager
3 -
12
years
exp.
| ₹3 L/yr - ₹11 L/yr |
View More
Frequently Asked Questions (FAQS) about Retail Credit Manager Salaries
What is the salary of a Retail Credit Manager in India?
The salary of a Retail Credit Manager in India varies based on experience, location, company & Industry.
On average, Retail Credit Manager salaries ranges from ₹6.8 Lakhs to ₹14.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹6.8 Lakhs to ₹14.0 Lakhs per year, with the highest salary reaching ₹5.5 Lakhs to ₹9.1 Lakhs per year. Salary estimates are based on 10 salaries received from various Retail Credit Managers across industries.
The average starting salary is around ₹6.8 Lakhs to ₹14.0 Lakhs per year, with the highest salary reaching ₹5.5 Lakhs to ₹9.1 Lakhs per year. Salary estimates are based on 10 salaries received from various Retail Credit Managers across industries.
What are the top paying companies that employ Retail Credit Managers?
Retail Credit 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 Retail Credit Manager Salary | ₹5.5 Lakhs to ₹9.1 Lakhs per year |
| HDFC Bank Retail Credit Manager Salary | ₹6 Lakhs to ₹13 Lakhs per year |
What are the top paying cities for Retail Credit Manager in India?
The annual salary for Retail Credit Manager in India varies by location. Top paying cities for Retail Credit Manager are
Salary expectations for Retail Credit Manager may vary based on job roles, experience, and specific employer requirements.
| Retail Credit Manager Salary in Pune | ₹7.7 Lakhs to ₹10.8 Lakhs per year |
| Retail Credit Manager Salary in Lucknow | ₹8.1 Lakhs to ₹11.5 Lakhs per year |
| Retail Credit Manager Salary in Indore | ₹8.1 Lakhs to ₹10.4 Lakhs per year |
| Retail Credit Manager Salary in Chennai | ₹3.0 Lakhs to ₹12.7 Lakhs per year |
| Retail Credit Manager Salary in Chhindwara | ₹7.2 Lakhs to ₹9.2 Lakhs per year |
What are the top paying industries for Retail Credit Manager in India?
Top 5 paying Industries for Retail Credit Manager in India are:
| Retail Credit Manager Salary in Financial Services | ₹3.9 Lakhs to ₹15.7 Lakhs per year |
| Retail Credit Manager Salary in Banking | ₹3.9 Lakhs to ₹15.7 Lakhs per year |
| Retail Credit Manager Salary in NBFC | ₹3.0 Lakhs to ₹10.8 Lakhs per year |
| Retail Credit Manager Salary in Consumer Electronics & Appliances | ₹5.9 Lakhs to ₹7.5 Lakhs per year |
| Retail Credit Manager Salary in Aviation | ₹5.9 Lakhs to ₹7.5 Lakhs per year |
How does experience affect salaries of a Retail Credit Manager in India?
Experience significantly impacts a Retail Credit Manager salary in India. Salaries increase with experience, as Retail Credit Manager take on more complex tasks, responsibilities, and leadership roles.
Retail Credit Manager salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 5 years | ₹12.9 Lakhs to ₹12.9 Lakhs per year |
| 8 years | ₹5.8 Lakhs to ₹5.8 Lakhs per year |
| 9 years | ₹14.0 Lakhs to ₹14.0 Lakhs per year |
| 10 years | ₹10.2 Lakhs to ₹14.0 Lakhs per year |
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