HDB Financial Services Mumbai Credit Relationship Manager Salaries by 100+ Employees (Updated 2025)

0 - 11 years exp.

₹1.8 Lakh - ₹5 Lakhs

Salary of majority employees

7% less than the average Credit Relationship Manager Salary in NBFC Companies for 0 - 11 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting Credit Relationship Manager Salary 0 - 11 years exp. (79 salaries)	₹1.8 L/yr - ₹4.6 L/yr
BFSI, Investments & Trading Credit Relationship Manager Salary 0 - 11 years exp. (45 salaries)	₹2.1 L/yr - ₹5 L/yr
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Risk Management & Compliance Credit Relationship Manager Salary 0 - 10 years exp. (6 salaries)	₹2.9 L/yr - ₹4.6 L/yr
Customer Success, Service & Operations Credit Relationship Manager Salary 2 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹4.2 L/yr

Last Updated: 13 Feb 2025

Companies similar to HDB Financial Services for Credit Relationship Manager in Mumbai

HDB Financial Services Credit Relationship Manager Salary

0 - 11 years exp. (160 salaries)

₹1.8 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Relationship Manager Salary 0 - 3 years exp. (12 salaries)	₹4.2 L/yr - ₹12.5 L/yr 193% more
Ambit Finvest Credit Relationship Manager Salary 1 - 7 years exp. (10 salaries)	₹2.9 L/yr - ₹4.2 L/yr At par
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Mashreq Bank Credit Relationship Manager Salary 5 - 8 years exp. (4 salaries)	₹24 L/yr - ₹37.5 L/yr 729% more
IDFC FIRST Bank Credit Relationship Manager Salary 3 - 6 years exp. (3 salaries)	₹2.9 L/yr - ₹2.9 L/yr 17% less

Credit Relationship Manager salary at HDB Financial Services ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 160 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Credit Relationship Manager salaries in Mumbai

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹2.1 L/yr - ₹3.7 L/yr
1 year (7 salaries)	₹2.2 L/yr - ₹3.7 L/yr
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2 years (22 salaries)	₹1.8 L/yr - ₹4 L/yr
3 years (22 salaries)	₹2.2 L/yr - ₹4.2 L/yr
4 years (24 salaries)	₹2 L/yr - ₹4.4 L/yr
5 years (22 salaries)	₹2.2 L/yr - ₹4.3 L/yr
6 years (19 salaries)	₹2.7 L/yr - ₹4.3 L/yr
7 years (14 salaries)	₹2.7 L/yr - ₹5 L/yr
8 years (12 salaries)	₹2.7 L/yr - ₹4.6 L/yr
9 years (5 salaries)	₹3.4 L/yr - ₹4.3 L/yr
10 years (5 salaries)	₹3.4 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.3 L/yr

View all

From

Credit Relationship Manager

₹

Lakhs/yr

0 - 11 years exp.

Zonal Manager

₹

Lakhs/yr

14 - 23 years exp.

Credit Relationship Manager 0 - 11 years exp.

Branch Credit Manager 0 - 12 years exp.

43% hike

Branch Manager 6 - 18 years exp.

79% hike

From

3 more levels

Credit Relationship Manager

0 - 11 years exp.

Zonal Business Manager

11 - 19 years exp.

View 1 more career path

Similar Designation salaries in HDB Financial Services

Relationship Manager Salary

(187 salaries)

₹1.65 L/yr - ₹4.6 L/yr

Branch Credit Manager Salary

(46 salaries)

₹3.2 L/yr - ₹7 L/yr

Credit Manager Salary

(44 salaries)

₹2.7 L/yr - ₹7 L/yr

Area Credit Manager Salary

(13 salaries)

₹7 L/yr - ₹15.1 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹11.85 L/yr - ₹23 L/yr

Top skills at HDB Financial Services for Credit Relationship Manager

Credit Underwriting Credit Credit Appraisal Credit Processing Underwriting Credit Analysis Disbursement Credit Operations Credit Management Monitoring CAM risk MIS Relationship Management Personal Loans

Salary related reviews for HDB Financial Services

3.2

Rated by 16 employees for salary & benefits

Credit Relationship Manager in Mumbai

Full Time

Other Department

3.0

• posted on 20 Dec 2024

3.0

for Salary and Benefits

Likes

Salary benefits and appraisal good for only sales team

Dislikes

Work life balance, work satisfaction, company culture is jot good. Still we are using 15 years old system. Lots of manual documentations for all loans in all departments. Zero technology using for process.

Skill development - Poor

+3 more

Credit Relationship Manager in Ankleshwar

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 24 Oct 2024

2.0

for Salary and Benefits

Likes

Learning Purposes it is goood but not good life long time.

Skill development - Good

Dislikes

Everything 1 Salary structure 2 Leave not giving which is considered as Leave on system but if they mail " Tomorrow is normal working day " u must come to branch, Shame thing to work with them.

Salary - Poor

+4 more

Credit Relationship Manager in Srikakulam

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 12 Oct 2023

1.0

for Salary and Benefits

Likes

We can learn multiple products in credit and we can fully learn our core.

Skill development - Good

Dislikes

Less salaries full work pressure including credit they’ll ask to bring some sales , no support and coming to appraisals there is no choice for that every department need to take permission from sales cluster

Salary - Bad

+3 more

Credit Relationship Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Dec 2023

2.0

for Salary and Benefits

Likes

Good Place to work for beginners and so much learning for the once who is in initial stage on job...

Skill development - Good

+2 more

Dislikes

Salary is not good as per company standards.. Work culture is poor for some departments as other departments too much dependent on same.. Work Life Balance is very poor as holidays can turn to working days and need to stretch at work..

Salary - Poor

+3 more

Credit Relationship Manager in Varanasi

Full Time

Finance & Accounting Department

5.0

• posted on 07 May 2022

1.0

for Salary and Benefits

Likes

The most important thing that i realised after joining that there is much more to learn and knowing the best method of deal appraisal and underwriting

Skill development - Excellent

+2 more

Dislikes

...t thing of HDB is that there is no transperency between employee and employer They give fake assurance regarding salary before joining

Salary - Bad

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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HDB Financial Services Credit Relationship Manager Salary FAQs

What is the salary of Credit Relationship Manager at HDB Financial Services Mumbai?

Credit Relationship Manager salary at HDB Financial Services in Mumbai ranges between ₹1.8 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 7% less than the average Credit Relationship Manager Salary in India. Salary estimates are based on 160 latest salaries received from various employees of HDB Financial Services Mumbai.

How does the salary of a Credit Relationship Manager at HDB Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Credit Relationship Manager at HDB Financial Services is 7% less than the average salary of a Credit Relationship Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Relationship Manager at HDB Financial Services?

Credit Underwriting, Credit, Credit Appraisal, Credit Processing and Underwriting are some of the popular skills required to work as a Credit Relationship Manager at HDB Financial Services Mumbai.

Which similar companies are paying more than HDB Financial Services to a Credit Relationship Manager in Mumbai?

Mashreq Bank Credit Relationship Manager Salary - ₹24.0 Lakhs to ₹37.5 Lakhs per year
ICICI Bank Credit Relationship Manager Salary - ₹4.2 Lakhs to ₹12.5 Lakhs per year
Ambit Finvest Credit Relationship Manager Salary - ₹2.9 Lakhs to ₹4.2 Lakhs per year

What is the salary of a Credit Relationship Manager in companies similar to HDB Financial Services in Mumbai?

IDFC FIRST Bank Credit Relationship Manager Salary - ₹2.9 Lakhs to ₹2.9 Lakhs per year

What is the estimated take home salary of a Credit Relationship Manager at HDB Financial Services in Mumbai?

The estimated take-home salary of a Credit Relationship Manager at HDB Financial Services ranges between ₹25,723 per month to ₹27,151 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Credit Relationship Manager salary in India which ranges between ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Credit Relationship Manager at HDB Financial Services in Mumbai?

According to AmbitionBox, 66% of the HDB Financial Services Credit Relationship Managers in Mumbai reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 73 responses on AmbitionBox in last 2 years.

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HDB Financial Services Credit Relationship Manager Salaries in Mumbai

HDB Financial Services Credit Relationship Manager salary in Mumbai ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 160 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Credit Relationship Manager salaries in Mumbai (Updated 2025)

Companies similar to HDB Financial Services for Credit Relationship Manager in Mumbai

Latest annual salaries shared by HDB Financial Services Credit Relationship Manager in Mumbai

Experience wise HDB Financial Services Credit Relationship Manager salaries in Mumbai

Similar Designation salaries in HDB Financial Services

Top skills at HDB Financial Services for Credit Relationship Manager

Salary related reviews for HDB Financial Services

Credit Relationship Manager in Mumbai

Credit Relationship Manager in Ankleshwar

Credit Relationship Manager in Srikakulam

Credit Relationship Manager in New Delhi

Credit Relationship Manager in Varanasi

HDB Financial Services Credit Relationship Manager Salary FAQs

Tell us how to improve this page.