Axis Bank Mumbai Credit Manager Salaries by 100+ Employees (Updated 2025)

0 - 12 years exp.

₹4 Lakhs - ₹15.3 Lakhs

Salary of majority employees

Fixed (90%)

₹8.3 Lakhs

Variable (10%)

₹1.0 Lakh

14% more than the average Credit Manager Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 11 years exp. (59 salaries)	₹4.1 L/yr - ₹13.5 L/yr
Finance & Accounting Credit Manager Salary 0 - 12 years exp. (46 salaries)	₹4.4 L/yr - ₹15 L/yr
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Customer Success, Service & Operations Credit Manager Salary 0 - 9 years exp. (4 salaries)	₹5 L/yr - ₹10.9 L/yr
Risk Management & Compliance Credit Manager Salary 5 - 11 years exp. (4 salaries)	₹4 L/yr - ₹14 L/yr

Last Updated: 23 Feb 2025

Companies similar to Axis Bank for Credit Manager in Mumbai

Axis Bank Credit Manager Salary

0 - 12 years exp. (147 salaries)

₹4 L/yr - ₹15.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (451 salaries)	₹4 L/yr - ₹15 L/yr 1% more	7 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (564 salaries)	₹4 L/yr - ₹16.5 L/yr 7% more
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State Bank of India Credit Manager Salary 12 - 14 years exp. (6 salaries)	₹12 L/yr - ₹27 L/yr 96% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (240 salaries)	₹4 L/yr - ₹13 L/yr 10% less
Yes Bank Credit Manager Salary 0 - 9 years exp. (75 salaries)	₹4.6 L/yr - ₹14 L/yr 8% less	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (34 salaries)	₹3.6 L/yr - ₹11.4 L/yr 21% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (214 salaries)	₹4.1 L/yr - ₹12.2 L/yr 11% less	1 job opening
RBL Bank Credit Manager Salary 2 - 11 years exp. (27 salaries)	₹3 L/yr - ₹11.7 L/yr 25% less
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹11 L/yr - ₹15.4 L/yr 46% more
AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (38 salaries)	₹4.1 L/yr - ₹10 L/yr 27% less
Federal Bank Credit Manager Salary 2 - 12 years exp. (33 salaries)	₹11 L/yr - ₹20 L/yr 70% more
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Bank of Baroda Credit Manager Salary 4 - 12 years exp. (27 salaries)	₹8 L/yr - ₹19 L/yr 87% more
Punjab National Bank Credit Manager Salary 4 - 9 years exp. (14 salaries)	₹10 L/yr - ₹20 L/yr 75% more
Jana Small Finance Bank Credit Manager Salary 2 - 10 years exp. (9 salaries)	₹2.4 L/yr - ₹9 L/yr 43% less
Bank of India Credit Manager Salary 5 - 9 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 46% more
Canara Bank Credit Manager Salary 7 - 12 years exp. (4 salaries)	₹13 L/yr - ₹19.3 L/yr 100% more
Union Bank of India Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹10 L/yr - ₹19 L/yr 68% more
Shinhan Bank Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr 8% more

Credit Manager salary at Axis Bank ranges between ₹4 Lakhs to ₹15.3 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 147 latest salaries received from various employees of Axis Bank.

Experience wise Axis Bank Credit Manager salaries in Mumbai

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹3.9 L/yr - ₹10 L/yr
1 year (5 salaries)	₹3.3 L/yr - ₹9.1 L/yr
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2 years (11 salaries)	₹3.4 L/yr - ₹12 L/yr
3 years (17 salaries)	₹3.2 L/yr - ₹13.5 L/yr
4 years (16 salaries)	₹4.7 L/yr - ₹14.1 L/yr
5 years (23 salaries)	₹3.7 L/yr - ₹14 L/yr
6 years (17 salaries)	₹4 L/yr - ₹13.1 L/yr
7 years (14 salaries)	₹5.6 L/yr - ₹15 L/yr
8 years (12 salaries)	₹5 L/yr - ₹14.8 L/yr
9 years (12 salaries)	₹6 L/yr - ₹17.8 L/yr
10 years (6 salaries)	₹5.5 L/yr - ₹14 L/yr
11 years (6 salaries)	₹7.2 L/yr - ₹13.5 L/yr
12 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹20.9 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

0 - 12 years exp.

Zonal Sales Manager

₹

Lakhs/yr

17 - 23 years exp.

Credit Manager 0 - 12 years exp.

Area Credit Manager 5 - 14 years exp.

69% hike

Regional Credit Manager 10 - 18 years exp.

36% hike

From

3 more levels

Credit Manager

0 - 12 years exp.

Head of Product

15 - 20 years exp.

View 1 more career path

Similar Designation salaries in Axis Bank

Deputy Manager Salary

(2.2k salaries)

₹2 L/yr - ₹11.59 L/yr

Sales Manager Salary

(305 salaries)

₹3.6 L/yr - ₹14 L/yr

Credit Analyst Salary

(114 salaries)

₹5.03 L/yr - ₹18.56 L/yr

Area Credit Manager Salary

(26 salaries)

₹9.55 L/yr - ₹22.8 L/yr

Deputy Credit Manager Salary

(9 salaries)

₹5.45 L/yr - ₹7.65 L/yr

Credit Officer Salary

(8 salaries)

₹2.54 L/yr - ₹5 L/yr

Chief Manager Salary

(3 salaries)

₹13 L/yr - ₹36 L/yr

Top skills at Axis Bank for Credit Manager

Credit Appraisal Credit Underwriting Relationship Market Intelligence Wholesale Auditing Corporate Banking Corporate Credit Management Credit Analysis PWD Interpersonal Skills Working Capital Lap

Salary related reviews for Axis Bank

4.0

Rated by 5 employees for salary & benefits

Credit Manager in Indore

BFSI, Investments & Trading Department

2.0

• posted on 13 Oct 2020

1.0

for Salary and Benefits

Likes

Job security

Dislikes

...rvisors and they use it for their beloved and ignore the work done by others. HR is their only for hiring you at cheap package and vary from what you had negotiated. All people in the office will lie for every commitment .

Salary - Bad

+3 more

Deputy Manager in Bangalore / Bengaluru (working remotely)

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Jan 2025

3.0

for Salary and Benefits

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

Work satisfaction - Poor

+2 more

Deputy Manager in Lucknow

Full Time

Legal & Regulatory Department

2.0

• posted on 11 Dec 2024

1.0

for Salary and Benefits

Likes

The team is good and if you want to learn on your own

Job security - Excellent

Dislikes

Location placement is not good Culture is not good as well Salary is the worst as compared to other national banks Overall learning is not that great No training facilities

Salary - Bad

+3 more

Deputy Manager in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 21 Nov 2024

5.0

for Salary and Benefits

Likes

Salary on time. Descent salary package they provide compare to other companies.

Salary - Excellent

Dislikes

No work life balance. Unlimited pressure on tpp products. Huge mental pressure. Worst work culture. Huge partiality within employees. No team work.

Work satisfaction - Poor

+2 more

Deputy Manager in Noida

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2024

2.0

for Salary and Benefits

Likes

Job certainty, less pressure of work as compared to other bank.

Job security - Good

Dislikes

Out dated Process of work, no training for new joiners, less salary package as compared to other company, lack of communication before application of new process, no leave encashment

Salary - Poor

+3 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Axis Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Axis Bank Mumbai?

Credit Manager salary at Axis Bank in Mumbai ranges between ₹4.0 Lakhs to ₹15.3 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 14% more than the average Credit Manager Salary in India. Salary estimates are based on 147 latest salaries received from various employees of Axis Bank Mumbai.

How does the salary of a Credit Manager at Axis Bank Mumbai compare with the average salary range for this job?

The average salary of a Credit Manager at Axis Bank is 14% more than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Axis Bank?

Credit Appraisal, Credit Underwriting, Relationship, Market Intelligence and Wholesale are some of the popular skills required to work as a Credit Manager at Axis Bank Mumbai.

Which similar companies are paying more than Axis Bank to a Credit Manager in Mumbai?

Canara Bank Credit Manager Salary - ₹13.0 Lakhs to ₹19.3 Lakhs per year
State Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year
Punjab National Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
Federal Bank Credit Manager Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Axis Bank in Mumbai?

Union Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹19.0 Lakhs per year
Standard Chartered Credit Manager Salary - ₹11.0 Lakhs to ₹15.4 Lakhs per year
Bank of India Credit Manager Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year
Shinhan Bank Credit Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹16.5 Lakhs per year

What is the estimated take home salary of a Credit Manager at Axis Bank in Mumbai?

The estimated take-home salary of a Credit Manager at Axis Bank ranges between ₹67,297 per month to ₹69,020 per month in Mumbai. The take-home salary calculation is based on the average Axis Bank Credit Manager salary in India which ranges between ₹4.0 Lakhs to ₹15.3 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Axis Bank in Mumbai?

According to AmbitionBox, 70% of the Axis Bank Credit Managers in Mumbai reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 71 responses on AmbitionBox in last 2 years.

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Axis Bank Credit Manager Salaries in Mumbai

Axis Bank Credit Manager salary in Mumbai ranges between ₹4 Lakhs to ₹15.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 147 Axis Bank latest salaries received from various employees of Axis Bank.