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HDFC Bank Credit Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
0 - 11 years exp.
₹3.2 Lakhs - ₹12.5 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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At par with the average Credit Manager Salary in Banking Companies for 0 - 11 years of experience

Interested in this particular role? 13 job openings

Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
0 - 11 years exp. (109 salaries)
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₹3.2 L/yr - ₹14.3 L/yr

Finance & Accounting
Credit Manager Salary
0 - 10 years exp. (71 salaries)
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₹3.7 L/yr - ₹12.7 L/yr

Risk Management & Compliance
Credit Manager Salary
0 - 6 years exp. (7 salaries)
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₹5 L/yr - ₹10 L/yr

Customer Success, Service & Operations
Credit Manager Salary
1 - 6 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹8 L/yr

Last Updated: 20 Mar 2025

Companies similar to HDFC Bank for Credit Manager in Bangalore / Bengaluru

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HDFC Bank Credit Manager Salary

0 - 11 years exp. (252 salaries)

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₹3.2 L/yr - ₹12.5 L/yr

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

0 - 12 years exp. (387 salaries)

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₹4.1 L/yr - ₹17.5 L/yr

arrow icon 23% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 10 years exp. (120 salaries)

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₹4.5 L/yr - ₹14 L/yr

arrow icon 13% more
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (46 salaries)

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₹3.5 L/yr - ₹12 L/yr

arrow icon 7% less
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Axis Bank Credit Manager Salary

1 - 11 years exp. (46 salaries)

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₹4 L/yr - ₹16.4 L/yr

arrow icon 18% more
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Jana Small Finance Bank Credit Manager Salary

3 - 11 years exp. (34 salaries)

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₹3.7 L/yr - ₹9.5 L/yr

arrow icon 22% less
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Bandhan Bank Credit Manager Salary

0 - 10 years exp. (28 salaries)

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₹3.6 L/yr - ₹10.8 L/yr

arrow icon 24% less
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₹4 L/yr - ₹9.2 L/yr

arrow icon 29% less
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (23 salaries)

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₹5 L/yr - ₹15 L/yr

arrow icon 17% more
9 job openings
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Yes Bank Credit Manager Salary

1 - 9 years exp. (16 salaries)

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₹4.5 L/yr - ₹14 L/yr

arrow icon 14% more
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Federal Bank Credit Manager Salary

2 - 10 years exp. (9 salaries)

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₹10 L/yr - ₹16 L/yr

arrow icon 85% more
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Canara Bank Credit Manager Salary

7 - 11 years exp. (8 salaries)

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₹13 L/yr - ₹26 L/yr

arrow icon 151% more
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IDBI Bank Credit Manager Salary

6 - 10 years exp. (7 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 135% more
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South Indian Bank Credit Manager Salary

5 - 10 years exp. (7 salaries)

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₹10.1 L/yr - ₹21 L/yr

arrow icon 98% more
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Karur Vysya Bank Credit Manager Salary

1 - 13 years exp. (7 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 21% more
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RBL Bank Credit Manager Salary

3 - 10 years exp. (6 salaries)

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₹4.4 L/yr - ₹9 L/yr

arrow icon 14% less
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Union Bank of India Credit Manager Salary

6 - 11 years exp. (5 salaries)

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₹14 L/yr - ₹19.5 L/yr

arrow icon 121% more
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State Bank of India Credit Manager Salary

4 - 11 years exp. (4 salaries)

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₹12 L/yr - ₹22 L/yr

arrow icon 137% more
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Punjab National Bank Credit Manager Salary

4 - 8 years exp. (4 salaries)

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₹8 L/yr - ₹18 L/yr

arrow icon 102% more
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City Union Bank Credit Manager Salary

7 - 8 years exp. (3 salaries)

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₹10.5 L/yr - ₹16 L/yr

arrow icon 39% more
Credit Manager salary at HDFC Bank ranges between ₹3.2 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 252 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Credit Manager in Bangalore / Bengaluru

1d ago
₹5.3 Lakhs
9 years exp.
2w ago
₹5.8 Lakhs
2 years exp.
2w ago
₹10.5 Lakhs
3 years exp.
2w ago
₹6.8 Lakhs
6 years exp.
3w ago
₹10 Lakhs
3 years exp.
3w ago
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7 years exp.
1mo ago
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6 years exp.
1mo ago
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1 year exp.
1mo ago
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6 years exp.
1mo ago
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7 years exp.

Experience wise HDFC Bank Credit Manager salaries in Bangalore / Bengaluru

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher  (25 salaries)

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₹4 L/yr - ₹12.5 L/yr
1 year  (32 salaries)

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₹3.1 L/yr - ₹12.4 L/yr
2 years  (29 salaries)

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₹3.5 L/yr - ₹11.5 L/yr
3 years  (30 salaries)

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₹3 L/yr - ₹12 L/yr
4 years  (29 salaries)

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₹3.2 L/yr - ₹12 L/yr
View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(1.5k salaries)
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₹2.3 L/yr - ₹10 L/yr
Sales Manager Salary
(329 salaries)
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₹3 L/yr - ₹10.98 L/yr
Branch Manager Salary
(162 salaries)
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₹7.37 L/yr - ₹25.08 L/yr
Credit Analyst Salary
(13 salaries)
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₹9.44 L/yr - ₹14.5 L/yr
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₹4.68 L/yr - ₹7.9 L/yr
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₹14 L/yr - ₹21.5 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 Underwriting Credit Banking SME Credit Analysis Credit Management Credit Appraisal

Salary related reviews for HDFC Bank

2.6

Rated by 28 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 05 Jan 2022

2.0
 for  Salary and Benefits

Likes

Number one Bank in India and job security

  • Job security - Excellent

Dislikes

Complete Comment based on my work role : There is no work life balence, daily 12 plus hour need to work without any extra pay. Holiday working mandatory and no comp off and no extra pay. No work culture and not an employee friendly organisation. Complete control by the boss and i was treated like a slave in the 3 months of notice period, they asked to do holiday working in notice period also. Not an employee friendly organisation, not recommended.

read more
  • Salary - Poor
  • +4 more

Retail Credit Department

4.0
  •  posted on 17 Dec 2019

4.0
 for  Salary and Benefits

Likes

The company offers diversified opportunities and gives lucrative package. But the office culture is verybad. Sales domination bad management.

read more
  • Salary - Good
  • +3 more

Dislikes

Compensation so good, work pressure is high .work life balance is not there.

  • Work satisfaction - Poor
  • +1 more

BFSI, Investments & Trading Department

2.0
  •  posted on 27 Mar 2018

2.0
 for  Salary and Benefits

Likes

It is a big brand. Will pay good package if one negotiate properly. My boss was good so I got lot of support.

read more

Dislikes

Work is hectic. Unreasonable targets. People who do not meet targets have to work on Sundays as well without compensation. Luckily I was not among those.

read more
  • Salary - Poor
  • +3 more

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
see more salary related reviews

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HDFC Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at HDFC Bank in Bangalore / Bengaluru?
The average salary of a Credit Manager at HDFC Bank in Bangalore / Bengaluru typically ranges from ₹3.2 Lakhs to ₹12.5 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Credit Manager in Bangalore / Bengaluru at HDFC Bank earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Credit Manager Salaries at HDFC 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 200+ HDFC Bank employees in India.
What is the estimated take home salary of a Credit Manager at HDFC Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Credit Manager at HDFC Bank in Bangalore / Bengaluru typically ranges from ₹59,914 to ₹61,428 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from Fresher to 11 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 200+ salaries received from various employees of HDFC 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 HDFC Bank in Bangalore / Bengaluru?
To be a Credit Manager at HDFC Bank in Bangalore / Bengaluru, the key skills required include:

  • - Credit Management
  • - Credit Underwriting
  • - Credit Appraisal
  • - Working Capital
  • - Credit Analysis

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Bank for Credit Manager in India?
Canara Bank ₹13.0 Lakhs to ₹26.0 Lakhs per year
State Bank of India ₹12.0 Lakhs to ₹22.0 Lakhs per year
IDBI Bank ₹12.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India ₹14.0 Lakhs to ₹19.5 Lakhs per year
Punjab National Bank ₹8.0 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.
What is the salary of a Credit Manager in companies similar to HDFC Bank in Bangalore / Bengaluru?
The salary of a Credit Manager at companies similar to HDFC Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

South Indian Bank ₹10.1 Lakhs to ₹21.0 Lakhs per year
Federal Bank ₹10.0 Lakhs to ₹16.0 Lakhs per year
City Union Bank ₹10.5 Lakhs to ₹16.0 Lakhs per year
ICICI Bank ₹4.1 Lakhs to ₹17.5 Lakhs per year
Karur Vysya Bank ₹7.5 Lakhs to ₹12.0 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 HDFC Bank in Bangalore / Bengaluru?
The salary growth for a Credit Manager at HDFC Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Bangalore / Bengaluru can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
Fresher ₹4.0 Lakhs to ₹12.5 Lakhs per year
1 year ₹3.1 Lakhs to ₹12.4 Lakhs per year
2 years ₹3.5 Lakhs to ₹11.5 Lakhs per year
3 years ₹3.0 Lakhs to ₹12.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Credit Manager salary in Bangalore / Bengaluru ranges between ₹3.2 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 252 HDFC Bank latest salaries received from various employees of HDFC Bank.