Bank of Baroda Indore Credit Manager Salaries by 6 Employees (Updated 2025)

4 - 9 years exp.

₹7.8 Lakhs - ₹18.4 Lakhs

Salary of majority employees

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144% more than the average Credit Manager Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 4 - 9 years exp. (5 salaries)	Unlock ₹7.8 L/yr - ₹18.6 L/yr
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Finance & Accounting Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹18.5 L/yr

Last Updated: 8 Mar 2025

Companies similar to Bank of Baroda for Credit Manager in Indore

Bank of Baroda Credit Manager Salary

4 - 9 years exp. (6 salaries)

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₹7.8 L/yr - ₹18.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Punjab National Bank Credit Manager Salary 4 - 5 years exp. (4 salaries)	Unlock ₹13 L/yr - ₹18 L/yr 6% less
Yes Bank Credit Manager Salary 2 - 9 years exp. (12 salaries)	Unlock ₹5.8 L/yr - ₹14 L/yr 47% less	1 job opening
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IDFC FIRST Bank Credit Manager Salary 1 - 9 years exp. (44 salaries)	Unlock ₹3.3 L/yr - ₹11 L/yr 56% less
IndusInd Bank Credit Manager Salary 3 - 11 years exp. (6 salaries)	Unlock ₹5.3 L/yr - ₹13.1 L/yr 52% less	1 job opening
AU Small Finance Bank Credit Manager Salary 0 - 10 years exp. (53 salaries)	Unlock ₹2.8 L/yr - ₹10.5 L/yr 65% less
Bandhan Bank Credit Manager Salary 0 - 9 years exp. (19 salaries)	Unlock ₹2.5 L/yr - ₹9.7 L/yr 63% less
Jana Small Finance Bank Credit Manager Salary 4 - 11 years exp. (6 salaries)	Unlock ₹2.6 L/yr - ₹7.4 L/yr 64% less
RBL Bank Credit Manager Salary 2 - 10 years exp. (5 salaries)	Unlock ₹4.5 L/yr - ₹10 L/yr 58% less
IDBI Bank Credit Manager Salary 12 - 14 years exp. (3 salaries)	Unlock ₹18 L/yr - ₹23.6 L/yr 12% more

Credit Manager salary at Bank of Baroda ranges between ₹7.8 Lakhs to ₹18.4 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of Baroda.

Experience wise Bank of Baroda Credit Manager salaries in Indore

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹28.3 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹28.8 L/yr
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6 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹29.3 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹7.8 L/yr - ₹29.9 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹15.2 L/yr - ₹19.4 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹15.1 L/yr - ₹30.9 L/yr

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From

Credit Manager

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Lakhs/yr

4 - 13 years exp.

Retail Manager

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Credit Manager 4 - 13 years exp.

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Senior Manager Credit 8 - 13 years exp.

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18% hike

Retail Manager

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Credit Manager

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4 - 13 years exp.

Joint Managing Director

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Credit Manager

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4 - 13 years exp.

Chief Credit Manager

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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

Senior Relationship Manager Salary

(6 salaries)

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₹4.6 L/yr - ₹11 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

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bank of Baroda Credit Manager Salary FAQs

What is the salary of Credit Manager at Bank of Baroda Indore?

Credit Manager salary at Bank of Baroda in Indore ranges between ₹7.8 Lakhs to ₹18.4 Lakhs for experience between 4 years to 9 years. According to our estimates it is 144% more than the average Credit Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bank of Baroda Indore.

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

The average salary of a Credit Manager at Bank of Baroda is 144% more than the average salary of a Credit Manager in Indore. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Baroda to a Credit Manager in Indore?

IDBI Bank Credit Manager Salary - ₹18.0 Lakhs to ₹23.6 Lakhs per year

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

Punjab National Bank Credit Manager Salary - ₹13.0 Lakhs to ₹18.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹5.8 Lakhs to ₹14.0 Lakhs per year
IndusInd Bank Credit Manager Salary - ₹5.3 Lakhs to ₹13.1 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year
RBL Bank Credit Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Bank of Baroda ranges between ₹1,15,416 per month to ₹1,18,636 per month in Indore. The take-home salary calculation is based on the average Bank of Baroda Credit Manager salary in India which ranges between ₹7.8 Lakhs to ₹18.4 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Bank of Baroda in Indore?

According to AmbitionBox, 80% of the Bank of Baroda Credit Managers in Indore reported a notice period of 1 Month, 20% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Bank of Baroda Credit Manager Salaries in Indore

Bank of Baroda Credit Manager salary in Indore ranges between ₹7.8 Lakhs to ₹18.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bank of Baroda latest salaries received from various employees of Bank of Baroda.