Equitas Small Finance Bank Mumbai Credit Manager Salaries by 4 Employees (Updated 2025)

6 - 10 years exp.

₹5.4 Lakhs - ₹6.7 Lakhs

Salary of majority employees

27% less than the average Credit Manager Salary in Banking Companies for 6 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 8 - 10 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹11.6 L/yr
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Risk Management & Compliance Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.4 L/yr

Last Updated: 11 May 2024

Companies similar to Equitas Small Finance Bank for Credit Manager in Mumbai

Equitas Small Finance Bank Credit Manager Salary

6 - 10 years exp. (4 salaries)

₹5.4 L/yr - ₹6.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (445 salaries)	₹4 L/yr - ₹14 L/yr 49% more	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (564 salaries)	₹4.3 L/yr - ₹15 L/yr 67% more	1 job opening
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Axis Bank Credit Manager Salary 0 - 12 years exp. (144 salaries)	₹3.6 L/yr - ₹14.9 L/yr 50% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (243 salaries)	₹3.6 L/yr - ₹14 L/yr 48% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (73 salaries)	₹4.6 L/yr - ₹14.1 L/yr 44% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (208 salaries)	₹3 L/yr - ₹13 L/yr 30% more
AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (36 salaries)	₹4.1 L/yr - ₹10 L/yr 15% more
IndusInd Bank Credit Manager Salary 3 - 12 years exp. (34 salaries)	₹3.6 L/yr - ₹11 L/yr 32% more	6 job openings
Federal Bank Credit Manager Salary 2 - 12 years exp. (33 salaries)	₹11 L/yr - ₹19 L/yr 165% more
RBL Bank Credit Manager Salary 1 - 11 years exp. (28 salaries)	₹3 L/yr - ₹11.7 L/yr 11% more
Bank of Baroda Credit Manager Salary 4 - 12 years exp. (26 salaries)	₹8 L/yr - ₹22 L/yr 180% more
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IDBI Bank Credit Manager Salary 3 - 17 years exp. (12 salaries)	₹12 L/yr - ₹24.8 L/yr 225% more
Jana Small Finance Bank Credit Manager Salary 2 - 10 years exp. (9 salaries)	₹2.4 L/yr - ₹9 L/yr 16% less
Bank of India Credit Manager Salary 5 - 9 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 117% more
Standard Chartered Credit Manager Salary 5 - 12 years exp. (6 salaries)	₹11 L/yr - ₹14.8 L/yr 122% more
Central Bank of India Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹11.4 L/yr - ₹16 L/yr 135% more
DBS Bank Credit Manager Salary 8 - 11 years exp. (4 salaries)	₹13.9 L/yr - ₹30 L/yr 199% more
Indian Bank Credit Manager Salary 1 - 10 years exp. (4 salaries)	₹11 L/yr - ₹14 L/yr 109% more

Credit Manager salary at Equitas Small Finance Bank ranges between ₹5.4 Lakhs to ₹6.7 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Credit Manager salaries in Mumbai

Last Updated: 11 May 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.2 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹10.5 L/yr
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8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹10.7 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr

Similar Designation salaries in Equitas Small Finance Bank

Branch Manager Salary

(18 salaries)

₹5.8 L/yr - ₹17.05 L/yr

Deputy Manager Salary

(12 salaries)

₹3.8 L/yr - ₹6.5 L/yr

Sales Manager Salary

(10 salaries)

₹3.3 L/yr - ₹7.54 L/yr

Area Credit Manager Salary

(3 salaries)

₹12.99 L/yr - ₹20.97 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹2.85 L/yr - ₹5 L/yr

Top skills at Equitas Small Finance Bank for Credit Manager

Team development Corba Team Management Manpower Planning GK Team Development Team Development Monitoring Auditing Auditing Process Orientation Team Management Finance Finance Housekeeping

Salary related reviews for Equitas Small Finance Bank

Credit Manager in Bangalore / Bengaluru

Full Time

Other Department

2.0

• posted on 01 May 2021

1.0

for Salary and Benefits

Likes

...anagement is very bad and in this company sales people are treating like itler . And appraisals are very bad but one good thing is in covid - 19 they give salary .

Dislikes

There is lot of political in this company Environmental, culture, policies, sales people treating way, basic needs, and Infrastructure, career growth is very slow

Deputy Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Dec 2024

4.0

for Salary and Benefits

Likes

My manager and head Ma’am are very approachable. Always there to guide both personally and professionally. It is like family.

Dislikes

No proper parking No personal life balance Should give pay for working on holiday internal job posting should be opened to everyone as sometimes due to experience eligibility we lose the opportunity

Area Credit Manager in Ajmer

Full Time

Risk Management & Compliance Department

3.0

• posted on 30 Nov 2023

2.0

for Salary and Benefits

Likes

1.Job security. 2. Strong Policy. 3.insist employee to work with honesty.

Dislikes

... fourth also Usually at Festive Holidays.. 2. No performance bonus of credit. 3.Salary is not as per the industry.

Sales Manager in Erode

Full Time

Finance & Accounting Department

2.0

• posted on 29 Jun 2020

5.0

for Salary and Benefits

Likes

Good salary package...Excellent company bcoz of heading nice person MD Mr.Vasudevan

Dislikes

No respect for female employee from Senior officials only...Some of senior female officials making torture in the form of unparliamentary word to male staff.Very worst behaviour of senior officials.

Assistant Vice President (working remotely)

Full Time

Other Department

5.0

• posted on 18 Dec 2024

5.0

for Salary and Benefits

Likes

I recently joined here and I'm currently at the head office. It's truly commendable that the banks offer free lunch and snacks to their staff. That's no small feat! The commitment to corporate social responsibility at 5% is also highly valued. I'm really enjoying my time here!

Dislikes

...ve the bank could consider standardizing salaries in based upon to market value. Currently, the alignment of designation, experience, and salary seems off. If you could take a look at this, I would appreciate it.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Equitas Small Finance Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Equitas Small Finance Bank Mumbai?

Credit Manager salary at Equitas Small Finance Bank in Mumbai ranges between ₹5.4 Lakhs to ₹6.7 Lakhs for experience between 6 years to 10 years. According to our estimates it is 27% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Equitas Small Finance Bank Mumbai.

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

The average salary of a Credit Manager at Equitas Small Finance Bank is 27% less than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Equitas Small Finance Bank?

Team development, Corba, Team Management, Manpower Planning and GK are some of the popular skills required to work as a Credit Manager at Equitas Small Finance Bank Mumbai.

Which similar companies are paying more than Equitas Small Finance Bank to a Credit Manager in Mumbai?

IDBI Bank Credit Manager Salary - ₹12.0 Lakhs to ₹24.8 Lakhs per year
DBS Bank Credit Manager Salary - ₹13.9 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
Federal Bank Credit Manager Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year
Central Bank of India Credit Manager Salary - ₹11.4 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Equitas Small Finance Bank in Mumbai?

Standard Chartered Credit Manager Salary - ₹11.0 Lakhs to ₹14.8 Lakhs per year
Bank of India Credit Manager Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year
Indian Bank Credit Manager Salary - ₹11.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹15.0 Lakhs per year
Axis Bank Credit Manager Salary - ₹3.6 Lakhs to ₹14.9 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Equitas Small Finance Bank ranges between ₹45,117 per month to ₹46,206 per month in Mumbai. The take-home salary calculation is based on the average Equitas Small Finance Bank Credit Manager salary in India which ranges between ₹5.4 Lakhs to ₹6.7 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Equitas Small Finance Bank in Mumbai?

According to AmbitionBox, 100% of the Equitas Small Finance Bank Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Equitas Small Finance Bank Credit Manager Salaries in Mumbai

Equitas Small Finance Bank Credit Manager salary in Mumbai ranges between ₹5.4 Lakhs to ₹6.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.