Senior Manager Credit
Annual salary range
₹7 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 bySenior Manager Credit Salary in Mumbai (Updated 2025)
based on 374
latest salaries
• updated:
2 Apr 2025
Select an experience to get the exact salary
Salary of majority employees
Senior Manager Credit Salary in Mumbai ranges between ₹7 Lakhs to ₹25 Lakhs for 4 years of experience to 13 years of experience. Salary estimates are based on 374 latest salaries received from Senior Manager...
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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 |
|---|---|---|
Canara Bank Senior Manager Credit Salary
8 years exp |  | |
Standard Chartered Senior Manager Credit Salary
8 years exp | | |
 Senior Manager Credit Salary
8 years exp | | |
 Senior Manager Credit Salary
8 years exp | | |
 Senior Manager Credit Salary
8 years exp | | |
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View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
3 -
4
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹18.5 L/yr - ₹23.6 L/yr | |
7 -
8
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹16 L/yr - ₹20.4 L/yr | |
Login to view exact salary
| ||
10 -
11
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹15 L/yr - ₹18 L/yr | |
3 -
4
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹6.5 L/yr - ₹8.3 L/yr | |
3 -
4
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹13.5 L/yr - ₹17.2 L/yr | |
8 -
9
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.9 L/yr - ₹7.5 L/yr | |
4 -
5
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹14.3 L/yr - ₹18.3 L/yr | |
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹5.7 L/yr - ₹7.2 L/yr | |
Login to view exact salary
| ||
7 -
9
yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹9.4 L/yr - ₹12 L/yr | |
5 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹12.7 L/yr - ₹16.7 L/yr | |
Latest annual salaries shared by Senior Manager Credits
2d ago
Yes Bank
Senior Manager Credit
5 years exp.
2d ago
Origa Lease Finance
Senior Manager Credit
5 years exp.
2d ago
Aadhar Housing Finance
Senior Manager Credit
9 years exp.
2d ago
AU Small Finance Bank
Senior Manager Credit
6 years exp.
2d ago
Avanse Financial Services
Senior Manager Credit
10 years exp.
2d ago
Hedge Finance
Senior Manager Credit
5 years exp.
2d ago
Jana Small Finance Bank
Senior Manager Credit
9 years exp.
2d ago
Kotak Mahindra Bank
Senior Manager Credit
10 years exp.
2d ago
Vastu Housing Finance
Senior Manager Credit
10 years exp.
3d ago
Kotak Mahindra Bank
Senior Manager Credit
5 years exp.
View all latest salaries
Senior Manager Credit salaries by
| Years of experience | Avg. annual salary |
|---|---|
4
years
(33
salaries)
| ₹8 L/yr - ₹20 L/yr |
5
years
(58
salaries)
| ₹7.5 L/yr - ₹21.5 L/yr |
Login to view exact salary
| |
6
years
(51
salaries)
| ₹8 L/yr - ₹17.5 L/yr |
7
years
(43
salaries)
| ₹7.8 L/yr - ₹23 L/yr |
8
years
(53
salaries)
| ₹6.2 L/yr - ₹25 L/yr |
View all salaries by experience
Senior Manager Credit Jobs in Mumbai
Senior Manager Credit
· 3-8 years
INDUSIND BANK LIMITED
Mumbai
Senior Manager Credit
· 6-7 years
SBI CARDS AND PAYMENT SERVICES PRIVATE LIMITED.
Gurgaon / Gurugram
Senior Manager Credit
· 5-10 years
Shubham Housing Development Finance
Gurgaon / Gurugram
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Manager Salary
6 -
20
years
exp.
(30.3k salaries)
| ₹8 L/yr - ₹36 L/yr |
Senior Analyst Salary
2 -
8
years
exp.
(11.8k salaries)
| ₹3.3 L/yr - ₹17.5 L/yr |
Login to view exact salary
| |
Chief Manager Salary
6 -
24
years
exp.
(4.5k salaries)
| ₹9.8 L/yr - ₹38 L/yr |
Credit Manager Salary
1 -
10
years
exp.
(2.8k salaries)
| ₹3.6 L/yr - ₹13.8 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(31.3k salaries)
| ₹3.7 L/yr - ₹16.5 L/yr |
View more similar designations
Salary related reviews by similar designations like Senior Manager Credit
IDFC FIRST Bank
Deputy Manager in Mumbai
• posted on 02 Feb 2025
ICICI Bank
Deputy Manager in Hyderabad / Secunderabad
• posted on 01 Feb 2025
Likes
Job Security
- Job security - Good
Dislikes
I have concerns regarding ICICI Bank's compensation and work culture. Specifically: - Salary: The bank offers significantly lower salaries (4-6 LPA) to Tier 3 college graduates with 5-6 years of experience, including B.Tech/M.Tech degrees, compared to freshers from top-tier1 colleges for similar work. - Workload: Employees are often overloaded with excessive work, leading to undue stress. - Bias: There appears to be a bias towards hiring and promoting graduates from Tier 1 colleges. - Promotion and hikes: Opportunities for growth and salary increases seem limited. - Work environment: Some senior managers allegedly create a toxic work environment, exhibiting unprofessional behavior towards female employees and using aggressive language. - Leave policies: Junior employees are often denied leave, including PL, CL, and sick leave, while senior managers enjoy their weekends and week days as well. - Business ethics: The bank's management practices seem to lack business ethics and morals towards gender specific. - Expectation of constant availability: Junior employees, including those in Designation/Department (DE), are expected to be available 24/7, including weekends (Saturdays and Sundays) and off-days, which is unsustainable and blurs the line between personal and professional life. - No compensation for extra work: Employees are not provided with compensatory off (comp-off) for working extra days or hours, leading to burnout and impacting work-life balance.
read more- Work satisfaction - Poor
+1 more
HDFC Bank
Branch Manager in Sindhudurg
• posted on 13 Feb 2025
Likes
Good culture and great work to place
- Salary - Excellent
+6 more
Dislikes
Vintage staff not getting salary correction as per market otherwise many left the service. Need to thing on salary revision of more than 10 year vintage staff. I am observing this since last 13 year and working on smaller package.
read moreUnion Bank of India
Chief Manager in Mumbai
• posted on 23 Jan 2025
Axis Bank
Deputy Manager in Bangalore / Bengaluru
• posted on 24 Jan 2025
Likes
Skill development compared to other bank axis provide good learnings
- Job security - Good
Dislikes
Axis gives less salary compared to other bank and also high work pressure and high pressure to cross sell and make employees to run behind the customer and its make Customer to get irritated
read more- Work satisfaction - Poor
+2 more
Top skills for Senior Manager Credit
Senior Manager Credit Salary In Other Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
Senior Manager Credit
4 -
13
years
exp.
| ₹6.5 L/yr - ₹22 L/yr |
Bangalore / Bengaluru
Senior Manager Credit
4 -
13
years
exp.
| ₹7 L/yr - ₹28 L/yr |
Login to view exact salary
| |
Pune
Senior Manager Credit
4 -
13
years
exp.
| ₹7.5 L/yr - ₹18 L/yr |
Jaipur
Senior Manager Credit
4 -
12
years
exp.
| ₹5.8 L/yr - ₹17 L/yr |
Ahmedabad
Senior Manager Credit
4 -
13
years
exp.
| ₹8.5 L/yr - ₹18.7 L/yr |
View More
Senior Manager Credit Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Senior Manager Credit
4 -
13
years
exp.
| ₹6.4 L/yr - ₹22 L/yr |
Banking Senior Manager Credit
4 -
13
years
exp.
| ₹8 L/yr - ₹22 L/yr |
Login to view exact salary
| |
NBFC Senior Manager Credit
4 -
13
years
exp.
| ₹5.6 L/yr - ₹20 L/yr |
Media & Entertainment / Publishing Senior Manager Credit
4 -
12
years
exp.
| ₹10 L/yr - ₹19.6 L/yr |
Insurance Senior Manager Credit
4 -
12
years
exp.
| ₹10 L/yr - ₹19.6 L/yr |
View More
Frequently Asked Questions (FAQS) about Senior Manager Credit Salaries
What is the salary of a Senior Manager Credit in India?
The salary of a Senior Manager Credit in India varies based on experience, location, company & Industry.
On average, Senior Manager Credit salaries ranges from ₹7.0 Lakhs to ₹25.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹7.0 Lakhs to ₹25.0 Lakhs per year, with the highest salary reaching ₹20.4 Lakhs to ₹26.1 Lakhs per year. Salary estimates are based on 374 salaries received from various Senior Manager Credits across industries.
The average starting salary is around ₹7.0 Lakhs to ₹25.0 Lakhs per year, with the highest salary reaching ₹20.4 Lakhs to ₹26.1 Lakhs per year. Salary estimates are based on 374 salaries received from various Senior Manager Credits across industries.
What are the top paying companies that employ Senior Manager Credits?
Senior Manager Credit Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| Canara Bank Senior Manager Credit Salary | ₹20.4 Lakhs to ₹26.1 Lakhs per year |
| Standard Chartered Senior Manager Credit Salary | ₹15 Lakhs to ₹31 Lakhs per year |
| Punjab National Bank Senior Manager Credit Salary | ₹15 Lakhs to ₹22 Lakhs per year |
| Bank of Baroda Senior Manager Credit Salary | ₹12 Lakhs to ₹21 Lakhs per year |
| Federal Bank Senior Manager Credit Salary | ₹15 Lakhs to ₹35 Lakhs per year |
What are the top paying cities for Senior Manager Credit in India?
The annual salary for Senior Manager Credit in India varies by location. Top paying cities for Senior Manager Credit are
Salary expectations for Senior Manager Credit may vary based on job roles, experience, and specific employer requirements.
| Senior Manager Credit Salary in Gurgaon / Gurugram | ₹5.5 Lakhs to ₹28.0 Lakhs per year |
| Senior Manager Credit Salary in Indore | ₹5.0 Lakhs to ₹18.0 Lakhs per year |
| Senior Manager Credit Salary in Bangalore / Bengaluru | ₹7.0 Lakhs to ₹28.0 Lakhs per year |
| Senior Manager Credit Salary in New Delhi | ₹6.5 Lakhs to ₹22.0 Lakhs per year |
| Senior Manager Credit Salary in Kolkata | ₹8.5 Lakhs to ₹22.0 Lakhs per year |
What are the top paying industries for Senior Manager Credit in India?
Top 5 paying Industries for Senior Manager Credit in India are:
| Senior Manager Credit Salary in Analytics & KPO | ₹12.0 Lakhs to ₹35.0 Lakhs per year |
| Senior Manager Credit Salary in IT Services & Consulting | ₹10.4 Lakhs to ₹40.0 Lakhs per year |
| Senior Manager Credit Salary in Banking / Insurance / Accounting | ₹9.3 Lakhs to ₹24.3 Lakhs per year |
| Senior Manager Credit Salary in Banking | ₹8.0 Lakhs to ₹22.0 Lakhs per year |
| Senior Manager Credit Salary in Insurance | ₹10.0 Lakhs to ₹19.6 Lakhs per year |
How does experience affect salaries of a Senior Manager Credit in India?
Experience significantly impacts a Senior Manager Credit salary in India. Salaries increase with experience, as Senior Manager Credit take on more complex tasks, responsibilities, and leadership roles.
Senior Manager Credit salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 4 years | ₹8.0 Lakhs to ₹20.0 Lakhs per year |
| 5 years | ₹7.5 Lakhs to ₹21.5 Lakhs per year |
| 6 years | ₹8.0 Lakhs to ₹17.5 Lakhs per year |
| 7 years | ₹7.8 Lakhs to ₹23.0 Lakhs per year |
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