Central Bank of India Indore Credit Manager Salaries by 3 Employees

2 - 5 years exp.

₹12 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

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112% more than the average Credit Manager Salary in Banking Companies for 2 - 5 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 2 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹17 L/yr
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BFSI, Investments & Trading Credit Manager Salary 2 years exp. (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹14.6 L/yr

Last Updated: 12 Aug 2024

Companies similar to Central Bank of India for Credit Manager in Indore

Central Bank of India Credit Manager Salary

2 - 5 years exp. (3 salaries)

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₹12 L/yr - ₹17 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 8% more
Bank of Baroda Credit Manager Salary 4 - 9 years exp. (6 salaries)	Unlock ₹7.8 L/yr - ₹18.4 L/yr 15% more
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Yes Bank Credit Manager Salary 2 - 9 years exp. (12 salaries)	Unlock ₹5.8 L/yr - ₹14 L/yr 40% less	1 job opening
IDBI Bank Credit Manager Salary 12 - 14 years exp. (3 salaries)	Unlock ₹18 L/yr - ₹23.6 L/yr 28% more
AU Small Finance Bank Credit Manager Salary 0 - 10 years exp. (53 salaries)	Unlock ₹2.8 L/yr - ₹10.5 L/yr 60% less
IDFC FIRST Bank Credit Manager Salary 1 - 9 years exp. (44 salaries)	Unlock ₹3.3 L/yr - ₹11 L/yr 50% less
IndusInd Bank Credit Manager Salary 3 - 11 years exp. (6 salaries)	Unlock ₹5.3 L/yr - ₹13.1 L/yr 45% less	1 job opening
Jana Small Finance Bank Credit Manager Salary 4 - 11 years exp. (6 salaries)	Unlock ₹2.6 L/yr - ₹7.4 L/yr 59% less
Equitas Small Finance Bank Credit Manager Salary 3 - 7 years exp. (3 salaries)	Unlock ₹3.5 L/yr - ₹6.2 L/yr 66% less	1 job opening

Credit Manager salary at Central Bank of India ranges between ₹12 Lakhs to ₹17 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Central Bank of India.

Experience wise Central Bank of India Credit Manager salaries in Indore

Last Updated: 12 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹16 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹13.3 L/yr - ₹17 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹13.3 L/yr - ₹17 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹17 L/yr

From

Credit Manager

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0 - 13 years exp.

Branch Head and Branch Manager

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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.

Salary related reviews for Central Bank of India

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Job is permanent. Salary and Perks are good.

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There is no stipulated work hours for officers. It will go more than 10 hours per day. No confirmed Week offs. They may ask you to conduct a camp or canvass loans or Canvass government business on Saturdays and Sundays. Just because it's a permanent job, higher authorities treats you like a dog shit. You are not supposed to avail sick leave if there is staff shortage. You can not either avail Authorised leave if some higher authorities comes to your branch. They'll cancel all your leaves straight away. Just scaling up in position is not a real growth. You need to print passbooks even if you are a chief manager. Family is nothing to them. Health is nothing to them. Don't drink water. Don't go for lunch even if it's 2:30 PM. No tea breaks. No tea at all. "I work for a bank" has changed. "I live for a bank and Die for a bank" is a new trend.

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The apprentice trainees are dissatisfied with their salary and lack of job security. They are concerned about the lack of confirmation for future postings and feel that the company is poor at providing clear answers to their questions.

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5.0

• posted on 26 Mar 2024

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for Salary and Benefits

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Friendly work staff make easy to achieve Targets in mobile banking, internet banking, etc.

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+6 more

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Nothing dislike in bank but apprentice is contract for only one year so that why salary is very low and after completing apprentice we are unemployed. So whose having good study and able to crack banking exam go through it because who is having good study do not required any experience. As I am not as much good in study I need experience to work in private bank. As per my motive it is good for me to get private bank job as in any field. Thank you.

Senior Manager in PUDUKOTTAI, TAMIL NADU

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• posted on 22 Dec 2020

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for Salary and Benefits

Likes

Job Security. Freedom to take Credit decision, to work Honest, independent. Regular and increase in Salary every year considerably. Union activities allowed considerably. Regular Training imported at Mumbai and Kolkatta.Job satisfaction that I have served to the needy people of this Great Nation.

Salary - Good

+6 more

Dislikes

Salary is common to all Efficient and others. Some sort of compulsion from Govt side for Credit but not helping for Recovery.

IT Manager in Mumbai

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People are really supportive if you are in IT section. You have full freedom to explore and try new initiatives.

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...ghly process driven. A small project may take several months just for approvals. Standard compensation as per govt guidelines no performance based benefits. Lack of staff and work at field level is really horrible. You are made to do many things which are not under your scope of work by your bosses.

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Central Bank of India Credit Manager Salary FAQs

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

According to AmbitionBox, 100% of the Central Bank of India Credit Managers in Indore reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Central Bank of India Credit Manager Salaries in Indore

Central Bank of India Credit Manager salary in Indore ranges between ₹12 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Central Bank of India latest salaries received from various employees of Central Bank of India.