Bank of Baroda Bhopal Credit Manager Salaries by 8 Employees (Updated 2025)

7 - 12 years exp.

₹9.4 Lakhs - ₹18 Lakhs

Salary of majority employees

137% more than the average Credit Manager Salary in Banking Companies for 7 - 12 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 7 - 12 years exp. (6 salaries)	₹10.5 L/yr - ₹18 L/yr
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BFSI, Investments & Trading Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹9.4 L/yr - ₹18.7 L/yr

Last Updated: 14 Feb 2025

Companies similar to Bank of Baroda for Credit Manager in Bhopal

Bank of Baroda Credit Manager Salary

7 - 12 years exp. (8 salaries)

₹9.4 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Credit Manager Salary 0 - 8 years exp. (23 salaries)	₹4.9 L/yr - ₹9.7 L/yr 55% less
Jana Small Finance Bank Credit Manager Salary 3 - 12 years exp. (6 salaries)	₹2.8 L/yr - ₹5.5 L/yr 70% less
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RBL Bank Credit Manager Salary 7 - 10 years exp. (4 salaries)	₹5.5 L/yr - ₹7.7 L/yr 61% less
Ujjivan Small Finance Bank Credit Manager Salary 3 - 6 years exp. (4 salaries)	₹4.3 L/yr - ₹5.6 L/yr 71% less
Aavas Financiers Credit Manager Salary 5 - 9 years exp. (12 salaries)	₹4.8 L/yr - ₹8.4 L/yr 63% less	6 job openings

Credit Manager salary at Bank of Baroda ranges between ₹9.4 Lakhs to ₹18 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 8 latest salaries received from various employees of Bank of Baroda.

Experience wise Bank of Baroda Credit Manager salaries in Bhopal

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹30 L/yr
8 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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9 years (4 salaries)	₹9.4 L/yr - ₹18 L/yr
10 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
11 years (AmbitionBox Estimate)	₹16.6 L/yr - ₹32.3 L/yr
12 years (AmbitionBox Estimate)	₹18 L/yr - ₹32.8 L/yr

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From

Credit Manager

₹

Lakhs/yr

4 - 13 years exp.

Retail Manager

Salary unavailable

Credit Manager 4 - 13 years exp.

Senior Manager Credit 8 - 13 years exp.

21% hike

Retail Manager

Salary

unavailable

From

View 3 more levels

Credit Manager

4 - 13 years exp.

Joint Managing Director

Salary unavailable

From

View 1 more level

Credit Manager

4 - 13 years exp.

Chief Credit Manager

12 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bank of Baroda

Branch Manager Salary

(3 salaries)

₹15 L/yr - ₹22 L/yr

Credit Officer Salary

(3 salaries)

₹9.8 L/yr - ₹14.31 L/yr

Salary related reviews for Bank of Baroda

Credit Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 14 Jul 2023

3.0

for Salary and Benefits

Likes

Cannot think of anything much apart from job security.

Job security - Excellent

Dislikes

...ions. * People who do work get rewarded with more work and responsibilities. *Performers and non performers get the same pay. * No quick resolution for any problem.

Promotions - Poor

+3 more

Credit Manager in Bikaner

Finance & Accounting Department

3.0

• posted on 25 Sep 2018

3.0

for Salary and Benefits

Likes

Job security and work life balance are the only two things to hold on to a banking job with PSU's.

Job security - Excellent

+1 more

Dislikes

...this ain't the place for you. The culture is quite laid back and growth is slow. Hard work doesn't pay off easily..

Credit Manager

BFSI, Investments & Trading Department

4.0

• posted on 03 Aug 2018

2.0

for Salary and Benefits

Likes

Esteemed organization with history of 110 years.

Skill development - Good

+1 more

Dislikes

Salary is less. Practically No specific timings for officers. No work life balance. Frequent transfers. Hectic and complex reporting system. No permission to officers for keeping their family at a city center as per own wish.

Salary - Poor

+1 more

Credit Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 28 Jun 2023

3.0

for Salary and Benefits

Likes

Job security, timely credit of salary, perks and allowances.

Job security - Excellent

Dislikes

Lack of work life balance, impractical targets and nonchalant attitude of higher authorities. Unnecessary bashing. Higher authorities force the subordinates to lend loans without proper documentation just to meet the targets. Poor infrastructure of branches. Verbal abuses at times. In short, expectation from employees are high and support from management is nil. Culture is deteriorating with time.

Skill development - Poor

+2 more

Chief Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 17 Oct 2023

3.0

for Salary and Benefits

Likes

Salary and perks

Job security - Good

Dislikes

No work life balance Bosses behaves like supreme authority Promotions above chief manager is impossible and it is very worst Transfer policy No practical knowledge in higher cader so illogical targets gives by them

Skill development - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Bank of Baroda

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a senior manager

I AM FEELING UNDERPAID // NEED SUGGESTIONS

I am a Banker with 7 years of experience in sales. I started my career from Bandhan Bank's Micro Finance Department, after that switched to ICICI as a Sales Officer, post that joined Axis Bank in the grade of Assistant Manager and was promoted to Deputy Manager. This year I joined Bank of Baroda as a Senior Manager - MSME Department but its a contractual job role. The department and designation is too good but the contractual role is a matter of concern as there is no PF, Mediclaim, extra 1% ROI for Banker. I am getting paid at only 6 Lac p.a and I am willing to get 14 LPA, I am holding a graduate degree only. Can you suggest some good advice which I can use to boost my career.

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Bank of Baroda Credit Manager Salary FAQs

What is the salary of Credit Manager at Bank of Baroda in Bhopal?

The average salary of a Credit Manager at Bank of Baroda in Bhopal typically ranges from ₹9.4 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Credit Manager in Bhopal at Bank of Baroda earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Credit Manager Salaries at Bank of Baroda 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 8 Bank of Baroda employees in India.

What is the estimated take home salary of a Credit Manager at Bank of Baroda in Bhopal?

The estimated take-home salary of a Credit Manager at Bank of Baroda in Bhopal typically ranges from ₹1,16,063 to ₹1,19,303 per month. This is based on the average salary range of ₹9.4 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 7 years to 12 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 8 salaries received from various employees of Bank of Baroda. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Credit Manager in companies similar to Bank of Baroda in Bhopal?

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

IDFC FIRST Bank	₹4.9 Lakhs to ₹9.7 Lakhs per year
RBL Bank	₹5.5 Lakhs to ₹7.7 Lakhs per year
Aavas Financiers	₹4.8 Lakhs to ₹8.4 Lakhs per year
Jana Small Finance Bank	₹2.8 Lakhs to ₹5.5 Lakhs per year
Ujjivan Small Finance Bank	₹4.3 Lakhs to ₹5.6 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 Bank of Baroda in Bhopal?

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

Experience	Average Salary Range
7 years	₹10.5 Lakhs to ₹30.0 Lakhs per year
8 years	₹15.3 Lakhs to ₹19.5 Lakhs per year
9 years	₹9.4 Lakhs to ₹18.0 Lakhs per year
10 years	₹15.8 Lakhs to ₹20.2 Lakhs per year

and so on.

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Bank of Baroda Credit Manager Salaries in Bhopal

Bank of Baroda Credit Manager salary in Bhopal ranges between ₹9.4 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bank of Baroda latest salaries received from various employees of Bank of Baroda.