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HDFC Bank

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3.9

based on 37.4k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDFC Bank Credit Manager salaries in Chennai

Annual salary range
0 - 11 years exp.
₹3.1 Lakhs - ₹13 Lakhs
Salary of majority employees
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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? 4 job openings

Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
0 - 11 years exp. (64 salaries)
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₹2.6 L/yr - ₹11 L/yr

Finance & Accounting
Credit Manager Salary
0 - 10 years exp. (48 salaries)
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₹8.6 L/yr - ₹12.3 L/yr

Risk Management & Compliance
Credit Manager Salary
2 - 8 years exp. (8 salaries)
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₹4.5 L/yr - ₹13 L/yr

Last Updated: 16 Dec 2024

Companies similar to HDFC Bank for Credit Manager in Chennai

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HDFC Bank Credit Manager Salary

0 - 11 years exp. (166 salaries)

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₹3.1 L/yr - ₹13 L/yr

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

0 - 11 years exp. (180 salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 12% more
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Axis Bank Credit Manager Salary

0 - 11 years exp. (42 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 13% more
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State Bank of India Credit Manager Salary

6 - 13 years exp. (6 salaries)

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₹15 L/yr - ₹29.9 L/yr

arrow icon 208% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 9 years exp. (41 salaries)

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₹4 L/yr - ₹13.2 L/yr

arrow icon 10% more
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IndusInd Bank Credit Manager Salary

3 - 10 years exp. (14 salaries)

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₹3.5 L/yr - ₹10 L/yr

arrow icon 6% less
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Yes Bank Credit Manager Salary

0 - 10 years exp. (61 salaries)

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₹3.4 L/yr - ₹11 L/yr

At par
2 job openings
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IDFC FIRST Bank Credit Manager Salary

1 - 10 years exp. (31 salaries)

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₹3.5 L/yr - ₹12 L/yr

arrow icon 1% less
1 job opening
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Jana Small Finance Bank Credit Manager Salary

4 - 11 years exp. (15 salaries)

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₹3.5 L/yr - ₹6.6 L/yr

arrow icon 31% less
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Bandhan Bank Credit Manager Salary

1 - 7 years exp. (14 salaries)

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₹3.3 L/yr - ₹9.3 L/yr

arrow icon 19% less
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Federal Bank Credit Manager Salary

2 - 10 years exp. (11 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 91% more
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Karur Vysya Bank Credit Manager Salary

4 - 12 years exp. (9 salaries)

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₹8.5 L/yr - ₹13.9 L/yr

arrow icon 37% more
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South Indian Bank Credit Manager Salary

5 - 8 years exp. (4 salaries)

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₹9 L/yr - ₹16.7 L/yr

arrow icon 86% more
Credit Manager salary at HDFC Bank ranges between ₹3.1 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 166 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Credit Manager in Chennai

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Experience wise HDFC Bank Credit Manager salaries in Chennai

Last Updated: 16 Dec 2024

Experience Avg Annual Salary
Fresher  (12 salaries)

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₹3.6 L/yr - ₹12.3 L/yr
1 year  (23 salaries)

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₹3.5 L/yr - ₹12 L/yr
2 years  (19 salaries)

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₹3.2 L/yr - ₹10 L/yr
3 years  (19 salaries)

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₹3.2 L/yr - ₹12 L/yr
4 years  (17 salaries)

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₹3.3 L/yr - ₹14.5 L/yr
View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(2k salaries)
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₹2.5 L/yr - ₹10.45 L/yr
Sales Manager Salary
(294 salaries)
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₹2.5 L/yr - ₹11.88 L/yr
Branch Manager Salary
(135 salaries)
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₹6 L/yr - ₹24.6 L/yr
Credit Officer Salary
(20 salaries)
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₹1.5 L/yr - ₹3.6 L/yr
Credit Analyst Salary
(12 salaries)
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₹10.18 L/yr - ₹10.2 L/yr
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₹3.5 L/yr - ₹7 L/yr
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₹7.95 L/yr - ₹19.74 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

3.3

Rated by 18 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

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

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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

Dislikes

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

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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.

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Dislikes

Employee retention is 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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Dislikes

See above

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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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

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HDFC Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at HDFC Bank Chennai?
Credit Manager salary at HDFC Bank in Chennai ranges between ₹3.1 Lakhs to ₹13.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 1% less than the average Credit Manager Salary in India. Salary estimates are based on 166 latest salaries received from various employees of HDFC Bank Chennai.
How does the salary of a Credit Manager at HDFC Bank Chennai compare with the average salary range for this job?
The average salary of a Credit Manager at HDFC Bank is 1% less than the average salary of a Credit Manager in Chennai. 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 Chennai.
Which similar companies are paying more than HDFC Bank to a Credit Manager in Chennai?
  • State Bank of India Credit Manager Salary - ₹15.0 Lakhs to ₹29.9 Lakhs per year
  • Federal Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • South Indian Bank Credit Manager Salary - ₹9.0 Lakhs to ₹16.7 Lakhs per year
  • Karur Vysya Bank Credit Manager Salary - ₹8.5 Lakhs to ₹13.9 Lakhs per year
  • Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to HDFC Bank in Chennai?
  • ICICI Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
  • Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.2 Lakhs per year
  • Yes Bank Credit Manager Salary - ₹3.4 Lakhs to ₹11.0 Lakhs per year
  • IDFC FIRST Bank Credit Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
  • IndusInd Bank Credit Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
What is the estimated take home salary of a Credit Manager at HDFC Bank in Chennai?
The estimated take-home salary of a Credit Manager at HDFC Bank ranges between ₹59,521 per month to ₹61,024 per month in Chennai. The take-home salary calculation is based on the average HDFC Bank Credit Manager salary in India which ranges between ₹3.1 Lakhs to ₹13.0 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 Manager at HDFC Bank in Chennai?
According to AmbitionBox, 54% of the HDFC Bank Credit Managers in Chennai reported a notice period of 3 Months, 38% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 99 responses on AmbitionBox in last 2 years.

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HDFC Bank Credit Manager salary in Chennai ranges between ₹3.1 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 166 HDFC Bank latest salaries received from various employees of HDFC Bank.