Retail Credit Manager
Annual salary range
₹5 Lakhs - ₹15.7 Lakhs
High Confidence 
High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byRetail Credit Manager Salary in India (Updated 2025)
based on 62
latest salaries
• updated:
17 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Retail Credit Manager Salary in India ranges between ₹5 Lakhs to ₹15.7 Lakhs for 4 years of experience to 14 years of experience. Salary estimates are based on 62 latest salaries received from Retail Credit...
Read More
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
9 -
10
yrs
exp.
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
15 -
17
yrs
exp.
(AmbitionBox Estimate)
|
₹15.3 L/yr - ₹19.5 L/yr | |
Login to view exact salary
| ||
14 yrs
exp.
(AmbitionBox Estimate)
|
₹12.6 L/yr - ₹16.1 L/yr | |
14 yrs
exp.
(AmbitionBox Estimate)
|
₹0.4 L/yr - ₹0.5 L/yr | |
12 yrs
exp.
(AmbitionBox Estimate)
|
₹8.3 L/yr - ₹10.6 L/yr | |
6 yrs
exp.
(AmbitionBox Estimate)
|
₹5.4 L/yr - ₹6.9 L/yr | |
11 yrs
exp.
(AmbitionBox Estimate)
|
₹10.3 L/yr - ₹13.1 L/yr | |
11 yrs
exp.
(AmbitionBox Estimate)
|
₹18.4 L/yr - ₹23.5 L/yr | |
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| ||
14 yrs
exp.
(AmbitionBox Estimate)
|
₹11.1 L/yr - ₹14.1 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 |
|---|---|
4
years
(7
salaries)
|  ₹3 L/yr - ₹10.8 L/yr |
5
years
(5
salaries)
| ₹5 L/yr - ₹12.9 L/yr |
Login to view exact salary
| |
6
years
(7
salaries)
| ₹5.2 L/yr - ₹9.6 L/yr |
7
years
(9
salaries)
| ₹5.5 L/yr - ₹9.1 L/yr |
8
years
(7
salaries)
| ₹5.6 L/yr - ₹11.3 L/yr |
View all salaries by experience
Retail Credit Manager Jobs in India
Retail Credit Manager
· 2-3 years
G2G Consultancy & Services
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Area Credit Manager Salary
4 -
14
years
exp.
(4.5k salaries)
| ₹5.4 L/yr - ₹19.3 L/yr |
Branch Credit Manager Salary
2 -
10
years
exp.
(6.5k salaries)
| ₹2.6 L/yr - ₹8.3 L/yr |
Login to view exact salary
| |
Credit Manager Salary
1 -
10
years
exp.
(19.7k salaries)
| ₹3 L/yr - ₹13 L/yr |
Relationship Manager Salary
1 -
8
years
exp.
(80k salaries)
| ₹2.1 L/yr - ₹8 L/yr |
Senior Manager Salary
6 -
20
years
exp.
(1.7L salaries)
| ₹7 L/yr - ₹40.5 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
Credit Manager
• posted on 11 Mar 2025
Likes
Salary on time, Hybrid working pattern in my department.
- Job security - Excellent
Dislikes
I had been promoted internally from officer grade to Assistant manager grade. There are not much difference in salary of an Assistant manager & officer grade. So, you starting your promoted career on a demotivated note.
read moreHDFC Bank
Area Sales Manager
• posted on 15 Jan 2025
Likes
Strong market presence with strong process ,policy , compliance and excellent infrastructure.
- Skill development - Good
+2 more
Dislikes
Low Salary payment master , HR have less control , low annual increment in salary.
read moreTop 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 |
Pune
Retail Credit Manager
4 -
8
years
exp.
| ₹7.7 L/yr - ₹10.8 L/yr |
View More
Retail Credit Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Retail Credit Manager
4 -
14
years
exp.
| ₹5.2 L/yr - ₹15.7 L/yr |
Banking Retail Credit Manager
4 -
14
years
exp.
| ₹5 L/yr - ₹18 L/yr |
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| |
NBFC Retail Credit Manager
4 -
12
years
exp.
| ₹5 L/yr - ₹10.8 L/yr |
Media & Entertainment / Publishing Retail Credit Manager
4 -
12
years
exp.
| ₹3.9 L/yr - ₹11 L/yr |
Insurance Retail Credit Manager
4 -
12
years
exp.
| ₹3.9 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 ₹5.0 Lakhs to ₹15.7 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹5.0 Lakhs to ₹15.7 Lakhs per year, with the highest salary reaching ₹5.5 Lakhs to ₹9.1 Lakhs per year. Salary estimates are based on 62 salaries received from various Retail Credit Managers across industries.
The average starting salary is around ₹5.0 Lakhs to ₹15.7 Lakhs per year, with the highest salary reaching ₹5.5 Lakhs to ₹9.1 Lakhs per year. Salary estimates are based on 62 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 Mumbai | ₹6.8 Lakhs to ₹14.0 Lakhs per year |
| Retail Credit Manager Salary in New Delhi | ₹6.5 Lakhs to ₹15.7 Lakhs per year |
| Retail Credit Manager Salary in Chennai | ₹3.0 Lakhs to ₹12.7 Lakhs per year |
| Retail Credit Manager Salary in Gwalior | ₹5.9 Lakhs to ₹8.5 Lakhs per year |
| Retail Credit Manager Salary in Pune | ₹7.7 Lakhs to ₹10.8 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 | ₹5.2 Lakhs to ₹15.7 Lakhs per year |
| Retail Credit Manager Salary in Banking | ₹5.0 Lakhs to ₹18.0 Lakhs per year |
| Retail Credit Manager Salary in NBFC | ₹5.0 Lakhs to ₹10.8 Lakhs per year |
| Retail Credit Manager Salary in Media & Entertainment / Publishing | ₹3.9 Lakhs to ₹11.0 Lakhs per year |
| Retail Credit Manager Salary in Insurance | ₹3.9 Lakhs to ₹11.0 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 |
|---|---|
| 4 years | ₹3.0 Lakhs to ₹10.8 Lakhs per year |
| 5 years | ₹5.0 Lakhs to ₹12.9 Lakhs per year |
| 6 years | ₹5.2 Lakhs to ₹9.6 Lakhs per year |
| 7 years | ₹5.5 Lakhs to ₹9.1 Lakhs per year |
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