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HDFC Bank Credit Manager salaries in India

Annual salary range
0 - 12 years exp.
₹3.5 Lakhs - ₹14 Lakhs
Salary of majority employees
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9% more than the average Credit Manager Salary in Banking Companies for 0 - 12 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
0 - 12 years exp. (874 salaries)
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₹3.5 L/yr - ₹15 L/yr

Finance & Accounting
Credit Manager Salary
0 - 11 years exp. (825 salaries)
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₹3.5 L/yr - ₹13.6 L/yr

Risk Management & Compliance
Credit Manager Salary
0 - 11 years exp. (164 salaries)
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₹3.5 L/yr - ₹15 L/yr

Customer Success, Service & Operations
Credit Manager Salary
0 - 12 years exp. (63 salaries)
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₹2.5 L/yr - ₹11.1 L/yr

Last Updated: 23 Feb 2025

Companies similar to HDFC Bank for Credit Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.3k salaries)

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₹4.3 L/yr - ₹17.1 L/yr

arrow icon 18% more
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Axis Bank Credit Manager Salary

0 - 12 years exp. (826 salaries)

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₹3.5 L/yr - ₹14.8 L/yr

arrow icon 3% more
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State Bank of India Credit Manager Salary

3 - 14 years exp. (47 salaries)

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₹10 L/yr - ₹32 L/yr

arrow icon 126% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 10 years exp. (1k salaries)

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₹4 L/yr - ₹14.5 L/yr

arrow icon 7% more
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (228 salaries)

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₹3.4 L/yr - ₹12.8 L/yr

arrow icon 9% less
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (802 salaries)

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₹3.5 L/yr - ₹12.1 L/yr

arrow icon 3% less
1 job opening
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Yes Bank Credit Manager Salary

0 - 12 years exp. (451 salaries)

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₹4.4 L/yr - ₹16 L/yr

arrow icon 7% more
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Bandhan Bank Credit Manager Salary

0 - 11 years exp. (407 salaries)

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₹2.5 L/yr - ₹10 L/yr

arrow icon 26% less
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Utkarsh Small Finance Bank Credit Manager Salary

1 - 10 years exp. (289 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 41% less
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Jana Small Finance Bank Credit Manager Salary

2 - 12 years exp. (197 salaries)

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₹1.5 L/yr - ₹10 L/yr

arrow icon 29% less
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RBL Bank Credit Manager Salary

2 - 10 years exp. (141 salaries)

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₹2.4 L/yr - ₹11.3 L/yr

arrow icon 24% less
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Ujjivan Small Finance Bank Credit Manager Salary

0 - 10 years exp. (132 salaries)

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₹2.7 L/yr - ₹9.2 L/yr

arrow icon 37% less
1 job opening
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IDBI Bank Credit Manager Salary

3 - 17 years exp. (109 salaries)

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₹8 L/yr - ₹32 L/yr

arrow icon 132% more
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Federal Bank Credit Manager Salary

2 - 12 years exp. (87 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 83% more
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Karur Vysya Bank Credit Manager Salary

1 - 12 years exp. (80 salaries)

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₹6 L/yr - ₹16 L/yr

arrow icon 23% more
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Punjab National Bank Credit Manager Salary

4 - 9 years exp. (45 salaries)

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₹6.8 L/yr - ₹20 L/yr

arrow icon 88% more
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Union Bank of India Credit Manager Salary

6 - 11 years exp. (39 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 93% more
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Canara Bank Credit Manager Salary

7 - 12 years exp. (36 salaries)

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₹11.1 L/yr - ₹26 L/yr

arrow icon 122% more
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South Indian Bank Credit Manager Salary

4 - 11 years exp. (31 salaries)

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₹9 L/yr - ₹21 L/yr

arrow icon 87% more
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Shinhan Bank Credit Manager Salary

3 - 12 years exp. (24 salaries)

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₹6 L/yr - ₹15 L/yr

arrow icon 17% more
View all
Credit Manager salary at HDFC Bank ranges between ₹3.5 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 2.7k latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Credit Manager

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Experience wise HDFC Bank Credit Manager salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
Fresher  (356 salaries)

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₹4 L/yr - ₹12.9 L/yr
1 year  (395 salaries)

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₹3.5 L/yr - ₹13 L/yr
2 years  (337 salaries)

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₹3.5 L/yr - ₹13 L/yr
3 years  (304 salaries)

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₹3.5 L/yr - ₹13.5 L/yr
4 years  (317 salaries)

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₹3.8 L/yr - ₹15 L/yr
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Similar Designation salaries in HDFC Bank

Credit Officer Salary
(333 salaries)
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₹1.15 L/yr - ₹4 L/yr
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₹7.4 L/yr - ₹30 L/yr
Branch Manager Salary
(1.6k salaries)
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₹6.5 L/yr - ₹23 L/yr
Deputy Manager Salary
(15.1k salaries)
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₹2 L/yr - ₹10.25 L/yr
Chief Manager Salary
(13 salaries)
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₹8 L/yr - ₹26 L/yr
Credit Analyst Salary
(168 salaries)
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₹4.71 L/yr - ₹18.48 L/yr
Zonal Credit Manager Salary
(AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr
Sales Manager Salary
(4.3k salaries)
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₹2.82 L/yr - ₹11.72 L/yr
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₹4 L/yr - ₹12 L/yr
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₹3.5 L/yr - ₹9.1 L/yr

Top skills at HDFC Bank for Credit Manager

Credit Management Credit Underwriting Credit Appraisal Working Capital Credit Analysis Underwriting Credit Policy Wholesale banking Credit Banking SME Personal Loans Credit Risk Lap Portfolio Management

Salary related reviews for HDFC Bank

2.7

Rated by 547 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 14 Feb 2024

1.0
 for  Salary and Benefits

Likes

Hdfc is very focused on accuracy Salary always on time Comp offs available

read more
  • Job security - Excellent

Dislikes

Work Life balance 0 Promotion based on number's,they forget what difficulties you faced through out the year, if you are missing by 1% also your rating will be gone for a toss, Micro management Biggest problem manpower issue You won't get Pending leaves encashment Very low bonus

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 11 Nov 2024

2.0
 for  Salary and Benefits

Likes

I'm working with HDFC for last 7yrs the overall experience is good .I love the company culture and work life balance

  • Job security - Good
  • +3 more

Dislikes

Only drawback is salary I have 7 yrs experience in HDFC and I could really feel very underpaid for my experience.

read more
  • Salary - Poor

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 20 Aug 2023

3.0
 for  Salary and Benefits

Likes

...person's works. 3. Time frame is decided for work but workload is very high. 4. New commers are comming in high package as compared to old employees. 5. Average increment is 4.5% in a year which is not fair as compared to inflation rate. 6.Overall status is average.

read more
  • Job security - Good

Dislikes

Employee retention is poor.

  • Promotions - Poor

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 03 Aug 2023

3.0
 for  Salary and Benefits

Likes

Pathetic work culture with pathetic Benefits and Infrastructure. Those who are joining due to high salary you will overcompensate for that. Your salary gradually get adjusted in your appraisals. And in any case you are willing to join ask them if they can provide you a seat or otherwise you will be working from home at your own expense.

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  • Job security - Good

Dislikes

See above

  • Skill development - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 May 2023

3.0
 for  Salary and Benefits

Likes

Job security Professional Culture After serving 2-3 years, I was able to manage all issues and got good rating, Bonus and good work life balance and I had enough time to learn new things

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  • Job security - Excellent
  • +1 more

Dislikes

Work Life balance For New Joiners - Manpower issue - Overloaded backlog work Increment on average rating is 4% which is very low for people who are working under minimum pay and 1st year 90% employees get 4% No outing to release stress - Overloaded queues Monetary benefit amount also gets after 3-4 months which is also too long time Referral amount is only if both employees are working, Good strategy but not employee friendly Mental pressure by Senior Management

read more
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HDFC Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at HDFC Bank?
Credit Manager salary at HDFC Bank in India ranges between ₹3.5 Lakhs to ₹14.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 9% more than the average Credit Manager Salary in India. Salary estimates are based on 2.7k latest salaries received from various employees of HDFC Bank India.
How does the salary of a Credit Manager at HDFC Bank India compare with the average salary range for this job?
The average salary of a Credit Manager at HDFC Bank is 9% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Credit Manager at HDFC Bank?
Credit Management, Credit Underwriting, Credit Appraisal, Working Capital and Credit Analysis are some of the popular skills required to work as a Credit Manager at HDFC Bank India.
Which similar companies are paying more than HDFC Bank to a Credit Manager in India?
  • IDBI Bank Credit Manager Salary - ₹8.0 Lakhs to ₹32.0 Lakhs per year
  • State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
  • Canara Bank Credit Manager Salary - ₹11.1 Lakhs to ₹26.0 Lakhs per year
  • Union Bank of India Credit Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
  • Punjab National Bank Credit Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to HDFC Bank in India?
  • South Indian Bank Credit Manager Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
  • Federal Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • Central Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
  • Karnataka Bank Credit Manager Salary - ₹10.5 Lakhs to ₹15.0 Lakhs per year
  • City Union Bank Credit Manager Salary - ₹8.5 Lakhs to ₹15.5 Lakhs per year
What is the estimated take home salary of a Credit Manager at HDFC Bank in India?
The estimated take-home salary of a Credit Manager at HDFC Bank ranges between ₹62,217 per month to ₹63,797 per month in India. The take-home salary calculation is based on the average HDFC Bank Credit Manager salary in India which ranges between ₹3.5 Lakhs to ₹14.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at HDFC Bank?
According to AmbitionBox, 54% of the HDFC Bank Credit Managers reported a notice period of 3 Months, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 2.7k responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Credit Manager salary in India ranges between ₹3.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 2.7k HDFC Bank latest salaries received from various employees of HDFC Bank.