CSB Bank Mumbai Credit Manager Salaries by 10+ Employees

0 - 5 years exp.

₹8 Lakhs - ₹9.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

13% more than the average Credit Manager Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 2 - 5 years exp. (4 salaries)	₹8 L/yr - ₹9.8 L/yr
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Finance & Accounting Credit Manager Salary 0 - 2 years exp. (3 salaries)	₹8.6 L/yr - ₹9.9 L/yr

Last Updated: 14 Jul 2024

Companies similar to CSB Bank for Credit Manager in Mumbai

CSB Bank Credit Manager Salary

0 - 5 years exp. (11 salaries)

₹8 L/yr - ₹9.8 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (211 salaries)	₹3 L/yr - ₹13 L/yr 16% less
Yes Bank Credit Manager Salary 1 - 10 years exp. (69 salaries)	₹4.6 L/yr - ₹14 L/yr 5% less
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IndusInd Bank Credit Manager Salary 2 - 12 years exp. (38 salaries)	₹3.6 L/yr - ₹10.9 L/yr 18% less	9 job openings
AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (35 salaries)	₹4.1 L/yr - ₹10 L/yr 30% less	1 job opening
Federal Bank Credit Manager Salary 2 - 12 years exp. (30 salaries)	₹11 L/yr - ₹19 L/yr 71% more
RBL Bank Credit Manager Salary 2 - 11 years exp. (26 salaries)	₹3 L/yr - ₹11.7 L/yr 14% less
DCB Bank Credit Manager Salary 3 - 11 years exp. (26 salaries)	₹4 L/yr - ₹9.3 L/yr 9% less	3 job openings
IDBI Bank Credit Manager Salary 3 - 17 years exp. (13 salaries)	₹12 L/yr - ₹28.9 L/yr 129% more
Jana Small Finance Bank Credit Manager Salary 2 - 10 years exp. (9 salaries)	₹3 L/yr - ₹9.2 L/yr 35% less
Karur Vysya Bank Credit Manager Salary 4 - 11 years exp. (9 salaries)	₹7 L/yr - ₹16 L/yr 10% more
Suryoday Small Finance Bank Credit Manager Salary 4 - 10 years exp. (8 salaries)	₹4.1 L/yr - ₹8.7 L/yr 28% less	1 job opening
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Equitas Small Finance Bank Credit Manager Salary 6 - 10 years exp. (5 salaries)	₹5.4 L/yr - ₹11.6 L/yr 24% less	8 job openings
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹11 L/yr - ₹15 L/yr 43% more
DBS Bank Credit Manager Salary 9 - 11 years exp. (3 salaries)	₹14.8 L/yr - ₹24.9 L/yr 68% more

Credit Manager salary at CSB Bank ranges between ₹8 Lakhs to ₹9.8 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 11 latest salaries received from various employees of CSB Bank.

Experience wise CSB Bank Credit Manager salaries in Mumbai

Last Updated: 14 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
1 year (3 salaries)	₹8.6 L/yr - ₹17 L/yr
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2 years (3 salaries)	₹8 L/yr - ₹16.8 L/yr
3 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
4 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
5 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr

View all

Similar Designation salaries in CSB Bank

Branch Manager Salary

(28 salaries)

₹6.5 L/yr - ₹18 L/yr

Deputy Manager Salary

(11 salaries)

₹3.05 L/yr - ₹6.75 L/yr

Credit Analyst Salary

(10 salaries)

₹7 L/yr - ₹11 L/yr

Sales Manager Salary

(5 salaries)

₹4.99 L/yr - ₹7.83 L/yr

Area Credit Manager Salary

(5 salaries)

₹10 L/yr - ₹13.9 L/yr

Chief Manager Salary

(3 salaries)

₹17 L/yr - ₹25 L/yr

Top skills at CSB Bank for Credit Manager

Training CCTV Monitoring Risk Management System Integration Management Banking Medical Underwriting Monitoring Private Banking Auditing HoD Supervision Credit Appraisal Credit Risk CAM

Salary related reviews for CSB Bank

3.0

Rated by 1 employees for salary & benefits

Branch Manager in Chennai

Full Time

Other Department

1.0

• posted on 28 May 2023

1.0

for Salary and Benefits

Likes

No job security and over mental stress

Dislikes

... insurance 3. No job security 4. Branch head is responsible or everything's. 5. No salary hikes or promotion even if you work hard.

Salary - Bad

+6 more

Officer in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 27 Mar 2023

2.0

for Salary and Benefits

Likes

While working with CSB bank I have lern lot of things which is good and useful for my future

Skill development - Excellent

+4 more

Dislikes

I am not satisfied with the appraisal and salary hike, they are not looking properly, I have done better business than other and I did not get enough hike and expected promotion, but who didn't do anything they got ,this is bit surprised to me .

Salary - Poor

+1 more

Relationship Manager in Kochi/Cochin

Full Time

Sales & Business Development Department

5.0

• posted on 01 Oct 2023

3.0

for Salary and Benefits

Likes

... I was able to have a good achievement in CSB Bank during my working periods. I want to join csb if I get a good salary package, still i love my Emp id 89619

Skill development - Excellent

+4 more

Dislikes

Salary package IT support

Relationship Manager in Thrissur

Other Department

4.0

• posted on 28 Mar 2019

5.0

for Salary and Benefits

Likes

...emembering a very good teammates, very effectively supportive bank staffs I had. Overall, Catholic Syrian Bank gives me a excellent working opportunity with superb salary and other compensations.

Salary - Excellent

+6 more

Dislikes

Work press is high and also with working hours are not fixed.

Assistant Manager in Solapur

Full Time

Other Department

2.0

• posted on 23 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

Management . No promotion after working for 7 years . They are hiring people from other organisations on high package and old employee are working as traine ... No value for product , professional knowledge. They want only salesman ...due to that brand value important.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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CSB Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at CSB Bank in Mumbai?

The average salary of a Credit Manager at CSB Bank in Mumbai typically ranges from ₹8.0 Lakhs to ₹9.8 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Credit Manager in Mumbai at CSB Bank earn more than ₹9.8 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Credit Manager Salaries at CSB 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 10+ CSB Bank employees in India.

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

The estimated take-home salary of a Credit Manager at CSB Bank in Mumbai typically ranges from ₹67,042 to ₹68,758 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from Fresher to 5 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 10+ salaries received from various employees of CSB Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Manager at CSB Bank in Mumbai?

To be a Credit Manager at CSB Bank in Mumbai, the key skills required include:

- Training
- CCTV Monitoring
- Risk Management
- System Integration
- Management

These skills are highly valued at CSB Bank and are crucial for successful performance in a Software Engineering role.

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

IDBI Bank	₹12.0 Lakhs to ₹28.9 Lakhs per year
Federal Bank	₹11.0 Lakhs to ₹19.0 Lakhs per year
DBS Bank	₹14.8 Lakhs to ₹24.9 Lakhs per year
Standard Chartered	₹11.0 Lakhs to ₹15.0 Lakhs per year
Karur Vysya Bank	₹7.0 Lakhs to ₹16.0 Lakhs per year

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

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

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

Yes Bank	₹4.6 Lakhs to ₹14.0 Lakhs per year
DCB Bank	₹4.0 Lakhs to ₹9.3 Lakhs per year
RBL Bank	₹3.0 Lakhs to ₹11.7 Lakhs per year
IDFC FIRST Bank	₹3.0 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank	₹3.6 Lakhs to ₹10.9 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 CSB Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹8.6 Lakhs to ₹10.9 Lakhs per year
1 year	₹8.6 Lakhs to ₹17.0 Lakhs per year
2 years	₹8.0 Lakhs to ₹16.8 Lakhs per year
3 years	₹8.3 Lakhs to ₹10.6 Lakhs per year

and so on.

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CSB Bank Credit Manager Salaries in Mumbai

CSB Bank Credit Manager salary in Mumbai ranges between ₹8 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 CSB Bank latest salaries received from various employees of CSB Bank.