Allahabad Bank Credit Manager Salaries by 6 Employees

3 - 6 years exp.

₹6 Lakhs - ₹8.9 Lakhs

Low Confidence

Salary of majority employees

11% more than the average Credit Manager Salary in Banking Companies for 3 - 6 years of experience

Interested in this particular role?

Last Updated: 13 Mar 2023

Companies similar to Allahabad Bank for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Credit Manager Salary 0 - 10 years exp. (1k salaries)	₹3.8 L/yr - ₹15 L/yr 6% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (822 salaries)	₹3.5 L/yr - ₹13 L/yr 10% less
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AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (527 salaries)	₹2.4 L/yr - ₹9.4 L/yr 31% less
Yes Bank Credit Manager Salary 1 - 12 years exp. (374 salaries)	₹4.2 L/yr - ₹16.2 L/yr 5% more
Bandhan Bank Credit Manager Salary 0 - 14 years exp. (305 salaries)	₹2.6 L/yr - ₹10.8 L/yr 27% less
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (210 salaries)	₹3.4 L/yr - ₹13.1 L/yr 8% less	9 job openings
Jana Small Finance Bank Credit Manager Salary 2 - 12 years exp. (193 salaries)	₹1.7 L/yr - ₹10 L/yr 30% less
Equitas Small Finance Bank Credit Manager Salary 4 - 14 years exp. (165 salaries)	₹2.2 L/yr - ₹9.4 L/yr 37% less	8 job openings
Ujjivan Small Finance Bank Credit Manager Salary 0 - 11 years exp. (136 salaries)	₹2.7 L/yr - ₹9.2 L/yr 37% less
IDBI Bank Credit Manager Salary 3 - 17 years exp. (109 salaries)	₹8.5 L/yr - ₹32 L/yr 128% more
Federal Bank Credit Manager Salary 2 - 12 years exp. (82 salaries)	₹10 L/yr - ₹20 L/yr 79% more
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Barclays Credit Manager Salary 6 - 11 years exp. (67 salaries)	₹8 L/yr - ₹27 L/yr 124% more
Standard Chartered Credit Manager Salary 4 - 12 years exp. (53 salaries)	₹7.1 L/yr - ₹22 L/yr 59% more
Indian Bank Credit Manager Salary 0 - 9 years exp. (38 salaries)	₹9 L/yr - ₹17 L/yr 43% more
Union Bank of India Credit Manager Salary 6 - 11 years exp. (39 salaries)	₹6.6 L/yr - ₹20 L/yr 73% more
Bank of Maharashtra Credit Manager Salary 5 - 9 years exp. (28 salaries)	₹10 L/yr - ₹20 L/yr 72% more
Indian Overseas Bank Credit Manager Salary 6 - 12 years exp. (19 salaries)	₹11 L/yr - ₹17 L/yr 77% more
Central Bank of India Credit Manager Salary 0 - 13 years exp. (15 salaries)	₹10 L/yr - ₹17 L/yr 57% more
NatWest Group Credit Manager Salary 0 - 9 years exp. (9 salaries)	₹11.5 L/yr - ₹22.6 L/yr 58% more
UCO Bank Credit Manager Salary 4 - 14 years exp. (6 salaries)	₹6 L/yr - ₹16 L/yr 26% more

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Credit Manager salary at Allahabad Bank ranges between ₹6 Lakhs to ₹8.9 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Allahabad Bank.

Experience wise Allahabad Bank Credit Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.3 L/yr
4 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹8.9 L/yr
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5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.9 L/yr
6 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹15.7 L/yr

Similar Designation salaries in Allahabad Bank

Credit Officer Salary

(4 salaries)

₹5.25 L/yr - ₹9.3 L/yr

Branch Manager Salary

(6 salaries)

₹8.2 L/yr - ₹9.25 L/yr

Deputy Manager Salary

(3 salaries)

₹6 L/yr - ₹12 L/yr

Chief Manager Salary

(16 salaries)

₹6.72 L/yr - ₹20 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Sales Manager Salary

(3 salaries)

₹3.5 L/yr - ₹5 L/yr

Officer Salary

(6 salaries)

₹1.7 L/yr - ₹10.4 L/yr

Salary related reviews for Allahabad Bank

3.0

Rated by 1 employees for salary & benefits

Manager

All type works Department

4.0

• posted on 13 May 2019

3.0

for Salary and Benefits

Likes

...tive where one can update his knowledge and clear his doubt whenever he want . Customer Satisfaction is above average ( Compared to other Government sector bank) Which is a good thing Salary is Comparable to Other government bank ( Except SBI , Where one gets Slightly higher salary for same post)

Skill development - Excellent

+5 more

Dislikes

One Gets mastery over certain if one works on that things gets exposure to it gets proper training but to again learn new things one must again get exposure to that works , here we have a problem if one does not gets exposure to higher level of advance or Loans due to posting bias ,

Retired Branch Manager

Inspection and audit Department

5.0

• posted on 14 Mar 2018

4.0

for Salary and Benefits

Likes

...r and worked in various deptt including branch head of large branches in delhi .salary drawn last is rs 1.00 lacs approx andwork environment is good

Salary - Good

+6 more

Dislikes

While working in very very large branches undersigned has to sit late even coming to the bank on sunday

Manager in Lucknow

BFSI, Investments & Trading Department

1.0

• posted on 28 Jan 2019

2.0

for Salary and Benefits

Likes

Nothing much to celebrate other than timely salary.

Dislikes

no work-culture, horrible personnel management, caste and region politics, no innovative products,poor technological platforms.. the bank need an entire reboot.

Salary - Poor

+5 more

Swo in Bhubaneswar

Other Department

4.0

• posted on 06 Jun 2020

1.0

for Salary and Benefits

Likes

It not good to work in public sector banks now a days as u will wounder why have they hired u... For marketing or be a recovery agent or anything management wish to do with u. No specific job description and no specified working hour.

Job security - Excellent

Dislikes

No specified job role and working hour even top management will call u on holiday to work with a threat to transfer

Salary - Bad

+2 more

CAR Driver

Other Department

5.0

• posted on 22 Jan 2020

3.0

for Salary and Benefits

Likes

I worked there for 14 years as a temporary driver. It was not a permanent job and the income was very low.The environment of the office was very good.

Skill development - Good

+2 more

Dislikes

I does not like some people who were the owner's servant.They were treated me very bad.

Job security - Poor

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Allahabad Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Allahabad Bank ?

The average salary of a Credit Manager at Allahabad Bank in India typically ranges from ₹6.0 Lakhs to ₹8.9 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Credit Manager at Allahabad Bank earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹8.9 Lakhs per year. Credit Manager Salaries at Allahabad Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Allahabad Bank employees in India.

What is the estimated take home salary of a Credit Manager at Allahabad Bank in India?

The estimated take-home salary of a Credit Manager at Allahabad Bank in India typically ranges from ₹63,618 to ₹65,237 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.9 Lakhs per year for employees with experience ranging from 3 years to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Allahabad Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Allahabad Bank for Credit Manager in India?

Deutsche Bank	₹21.0 Lakhs to ₹28.0 Lakhs per year
IDBI Bank	₹8.5 Lakhs to ₹32.0 Lakhs per year
Barclays	₹8.0 Lakhs to ₹27.0 Lakhs per year
Federal Bank	₹10.0 Lakhs to ₹20.0 Lakhs per year
Indian Overseas Bank	₹11.0 Lakhs to ₹17.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Allahabad Bank, depending on the role and experience level.

What is the salary of a Credit Manager in companies similar to Allahabad Bank in India?

The salary of a Credit Manager at companies similar to Allahabad Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India	₹6.6 Lakhs to ₹20.0 Lakhs per year
Bank of Maharashtra	₹10.0 Lakhs to ₹20.0 Lakhs per year
Standard Chartered	₹7.1 Lakhs to ₹22.0 Lakhs per year
NatWest Group	₹11.5 Lakhs to ₹22.6 Lakhs per year
Central Bank of India	₹10.0 Lakhs to ₹17.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Credit Manager at Allahabad Bank in India?

The salary growth for a Credit Manager at Allahabad Bank depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Allahabad Bank:

Experience	Average Salary Range
3 years	₹6.0 Lakhs to ₹15.3 Lakhs per year
4 years	₹8.5 Lakhs to ₹8.9 Lakhs per year
5 years	₹7.2 Lakhs to ₹8.9 Lakhs per year
6 years	₹8.4 Lakhs to ₹15.7 Lakhs per year

and so on.

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Allahabad Bank Credit Manager Salaries

Allahabad Bank Credit Manager salary in India ranges between ₹6 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Allahabad Bank latest salaries received from various employees of Allahabad Bank.