Bank of Baroda Mumbai Credit Manager Salaries by 20+ Employees (Updated 2025)

4 - 12 years exp.

₹8 Lakhs - ₹19 Lakhs

Salary of majority employees

104% more than the average Credit Manager Salary in Banking Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 4 - 12 years exp. (11 salaries)	₹10 L/yr - ₹17.5 L/yr
Finance & Accounting Credit Manager Salary 4 - 10 years exp. (8 salaries)	₹8 L/yr - ₹19 L/yr
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Risk Management & Compliance Credit Manager Salary 4 - 9 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹17 L/yr

Last Updated: 1 Nov 2024

Companies similar to Bank of Baroda for Credit Manager in Mumbai

Bank of Baroda Credit Manager Salary

4 - 12 years exp. (27 salaries)

₹8 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Manager Salary 12 - 14 years exp. (6 salaries)	₹12 L/yr - ₹27 L/yr 9% more
ICICI Bank Credit Manager Salary 0 - 11 years exp. (567 salaries)	₹4.3 L/yr - ₹15 L/yr 40% less
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HDFC Bank Credit Manager Salary 0 - 11 years exp. (452 salaries)	₹4 L/yr - ₹15 L/yr 47% less	7 job openings
Axis Bank Credit Manager Salary 0 - 13 years exp. (147 salaries)	₹4 L/yr - ₹15.3 L/yr 43% less
Punjab National Bank Credit Manager Salary 4 - 9 years exp. (14 salaries)	₹10 L/yr - ₹20 L/yr 3% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (241 salaries)	₹4 L/yr - ₹13 L/yr 47% less
Yes Bank Credit Manager Salary 0 - 10 years exp. (73 salaries)	₹4.6 L/yr - ₹14.1 L/yr 49% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (211 salaries)	₹4.3 L/yr - ₹12.3 L/yr 51% less	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (35 salaries)	₹3.6 L/yr - ₹11 L/yr 56% less
Federal Bank Credit Manager Salary 2 - 12 years exp. (33 salaries)	₹11 L/yr - ₹20 L/yr 6% less
AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (36 salaries)	₹4.1 L/yr - ₹10 L/yr 59% less
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RBL Bank Credit Manager Salary 2 - 11 years exp. (27 salaries)	₹3 L/yr - ₹11.7 L/yr 59% less
IDBI Bank Credit Manager Salary 3 - 17 years exp. (12 salaries)	₹12 L/yr - ₹28.9 L/yr 18% more
Jana Small Finance Bank Credit Manager Salary 2 - 10 years exp. (9 salaries)	₹2.4 L/yr - ₹9 L/yr 65% less
Bank of India Credit Manager Salary 5 - 11 years exp. (8 salaries)	₹9 L/yr - ₹18 L/yr 17% less
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹11 L/yr - ₹15.4 L/yr 19% less
Canara Bank Credit Manager Salary 7 - 12 years exp. (4 salaries)	₹13 L/yr - ₹19.3 L/yr 11% more
Union Bank of India Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹10 L/yr - ₹19 L/yr 1% less
Shinhan Bank Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr 40% less

Credit Manager salary at Bank of Baroda ranges between ₹8 Lakhs to ₹19 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 27 latest salaries received from various employees of Bank of Baroda.

Experience wise Bank of Baroda Credit Manager salaries in Mumbai

Last Updated: 1 Nov 2024

Experience	Avg Annual Salary
4 years (5 salaries)	₹12 L/yr - ₹19 L/yr
5 years (AmbitionBox Estimate)	₹8 L/yr - ₹28.3 L/yr
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6 years (AmbitionBox Estimate)	₹13 L/yr - ₹28.8 L/yr
7 years (3 salaries)	₹15 L/yr - ₹17.5 L/yr
8 years (5 salaries)	₹14 L/yr - ₹18 L/yr
9 years (5 salaries)	₹16.7 L/yr - ₹19 L/yr
10 years (4 salaries)	₹10.8 L/yr - ₹30.7 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹31.2 L/yr
12 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹31.7 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

4 - 13 years exp.

Chief Credit Manager

₹

Lakhs/yr

12 - 13 years exp.

Credit Manager 4 - 13 years exp.

Senior Manager Credit 8 - 13 years exp.

23% hike

Chief Credit Manager 12 - 13 years exp.

-4% hike

From

1 more level

Credit Manager

4 - 13 years exp.

Retail Manager

Salary unavailable

View 1 more career path

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

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(14 salaries)

₹12 L/yr - ₹22.5 L/yr

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Credit Officer Salary

(5 salaries)

₹8 L/yr - ₹15 L/yr

Salary related reviews for Bank of Baroda

2.8

Rated by 7 employees for salary & benefits

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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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bank of Baroda Credit Manager Salary FAQs

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

Credit Manager salary at Bank of Baroda in Mumbai ranges between ₹8.0 Lakhs to ₹19.0 Lakhs for experience between 4 years to 12 years. According to our estimates it is 104% more than the average Credit Manager Salary in India. Salary estimates are based on 27 latest salaries received from various employees of Bank of Baroda Mumbai.

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

The average salary of a Credit Manager at Bank of Baroda is 104% more than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

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

IDBI Bank Credit Manager Salary - ₹12.0 Lakhs to ₹28.9 Lakhs per year
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

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

Union Bank of India Credit Manager Salary - ₹10.0 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
Bank of India Credit Manager Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year
Standard Chartered Credit Manager Salary - ₹11.0 Lakhs to ₹15.4 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Bank of Baroda ranges between ₹1,13,349 per month to ₹1,16,502 per month in Mumbai. The take-home salary calculation is based on the average Bank of Baroda Credit Manager salary in India which ranges between ₹8.0 Lakhs to ₹19.0 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 57% of the Bank of Baroda Credit Managers in Mumbai reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

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Bank of Baroda Credit Manager Salaries in Mumbai

Bank of Baroda Credit Manager salary in Mumbai ranges between ₹8 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Bank of Baroda latest salaries received from various employees of Bank of Baroda.