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HDFC Bank Credit Manager salaries in New Delhi (Updated 2025)

Annual salary range
0 - 12 years exp.
₹3.8 Lakhs - ₹15.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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14% more than the average Credit Manager Salary in Banking Companies for 0 - 12 years of experience

Interested in this particular role? 13 job openings

Salaries in different departments

Finance & Accounting
Credit Manager Salary
0 - 12 years exp. (168 salaries)
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₹4.2 L/yr - ₹15.7 L/yr

BFSI, Investments & Trading
Credit Manager Salary
0 - 12 years exp. (156 salaries)
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₹3.8 L/yr - ₹12.8 L/yr

Risk Management & Compliance
Credit Manager Salary
1 - 11 years exp. (31 salaries)
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₹3.7 L/yr - ₹12.5 L/yr

Customer Success, Service & Operations
Credit Manager Salary
0 - 9 years exp. (11 salaries)
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₹3.9 L/yr - ₹9.8 L/yr

Last Updated: 6 Apr 2025

Companies similar to HDFC Bank for Credit Manager in New Delhi

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HDFC Bank Credit Manager Salary

0 - 12 years exp. (479 salaries)

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₹3.8 L/yr - ₹15.5 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. (532 salaries)

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₹4.8 L/yr - ₹16 L/yr

arrow icon 14% more
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Axis Bank Credit Manager Salary

0 - 11 years exp. (166 salaries)

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₹3.6 L/yr - ₹14.5 L/yr

arrow icon 8% less
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (155 salaries)

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₹4.5 L/yr - ₹15.4 L/yr

arrow icon 8% more
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (114 salaries)

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₹3.9 L/yr - ₹13.5 L/yr

arrow icon 5% less
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Yes Bank Credit Manager Salary

1 - 10 years exp. (79 salaries)

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₹4.2 L/yr - ₹16 L/yr

arrow icon 2% less
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Bandhan Bank Credit Manager Salary

0 - 12 years exp. (36 salaries)

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₹2.6 L/yr - ₹9.5 L/yr

arrow icon 30% less
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₹2.4 L/yr - ₹10 L/yr

arrow icon 44% less
1 job opening
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RBL Bank Credit Manager Salary

2 - 9 years exp. (26 salaries)

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₹3.5 L/yr - ₹11.5 L/yr

arrow icon 24% less
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (23 salaries)

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₹4.1 L/yr - ₹15 L/yr

arrow icon 8% less
9 job openings
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Federal Bank Credit Manager Salary

2 - 12 years exp. (16 salaries)

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₹12 L/yr - ₹19 L/yr

arrow icon 69% more
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IDBI Bank Credit Manager Salary

6 - 16 years exp. (15 salaries)

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₹8.5 L/yr - ₹28 L/yr

arrow icon 128% more
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Punjab National Bank Credit Manager Salary

4 - 8 years exp. (15 salaries)

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₹9.8 L/yr - ₹22 L/yr

arrow icon 79% more
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Jana Small Finance Bank Credit Manager Salary

2 - 12 years exp. (13 salaries)

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₹2.6 L/yr - ₹8.8 L/yr

arrow icon 33% less
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₹3.2 L/yr - ₹8 L/yr

arrow icon 40% less
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Canara Bank Credit Manager Salary

7 - 12 years exp. (11 salaries)

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₹12 L/yr - ₹22 L/yr

arrow icon 111% more
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Union Bank of India Credit Manager Salary

6 - 12 years exp. (9 salaries)

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₹11.2 L/yr - ₹18 L/yr

arrow icon 66% more
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Karur Vysya Bank Credit Manager Salary

1 - 11 years exp. (8 salaries)

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₹9 L/yr - ₹14 L/yr

arrow icon 15% more
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South Indian Bank Credit Manager Salary

4 - 8 years exp. (4 salaries)

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₹10 L/yr - ₹15.3 L/yr

arrow icon 52% more
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Karnataka Bank Credit Manager Salary

3 - 6 years exp. (4 salaries)

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₹11.4 L/yr - ₹16 L/yr

arrow icon 52% more
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State Bank of India Credit Manager Salary

4 - 10 years exp. (3 salaries)

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₹13 L/yr - ₹20 L/yr

arrow icon 104% more
View all
Credit Manager salary at HDFC Bank ranges between ₹3.8 Lakhs to ₹15.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 479 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Credit Manager in New Delhi

1d ago
₹12 Lakhs
1 year exp.
1d ago
₹10 Lakhs
1 year exp.
6d ago
₹11 Lakhs
2 years exp.
6d ago
₹10.5 Lakhs
8 years exp.
1w ago
₹8.7 Lakhs
6 years exp.
1w ago
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8 years exp.
1w ago
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12 years exp.
1w ago
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2 years exp.
2w ago
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1 year exp.
2w ago
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1 year exp.

Experience wise HDFC Bank Credit Manager salaries in New Delhi

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
Fresher  (61 salaries)

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₹4.3 L/yr - ₹15 L/yr
1 year  (66 salaries)

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₹4.1 L/yr - ₹13.4 L/yr
2 years  (65 salaries)

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₹3.7 L/yr - ₹15.5 L/yr
3 years  (51 salaries)

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₹4.6 L/yr - ₹15.8 L/yr
4 years  (54 salaries)

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₹4.4 L/yr - ₹13.2 L/yr
View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(2.1k salaries)
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₹2.3 L/yr - ₹10 L/yr
Sales Manager Salary
(593 salaries)
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₹3.1 L/yr - ₹11.71 L/yr
Branch Manager Salary
(160 salaries)
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₹7.5 L/yr - ₹28.6 L/yr
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₹9.87 L/yr - ₹24 L/yr
Credit Analyst Salary
(19 salaries)
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₹4.45 L/yr - ₹16.5 L/yr
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₹5.15 L/yr - ₹9 L/yr
Chief Manager Salary
(5 salaries)
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₹8 L/yr - ₹24 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

2.7

Rated by 46 employees for salary & benefits

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

read more
  • 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

Loan Against Property Department

3.0
  •  posted on 29 Mar 2022

3.0
 for  Salary and Benefits

Likes

Had good learning in large ticket mortgages. Stable job.

  • Skill development - Good
  • +1 more

Dislikes

Career growth comes when overdue and salary will grow slowly and big compensation depends on bonus which depends on many factors. Horrible work life balance with sales oriented organization. would not recommend anyone to look at a long lasting career here.

read more
  • Company culture - Poor
  • +1 more

BFSI, Investments & Trading Department

2.0
  •  posted on 14 Jan 2019

2.0
 for  Salary and Benefits

Likes

Job security

  • Job security - Good

Dislikes

...k. Same position same job profile but package difference will be more than Lacs. Bonus not just depends on work how often you take tea break or mingle with your boss also matter.

read more
  • Salary - Poor
  • +4 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 New Delhi?
The average salary of a Credit Manager at HDFC Bank in New Delhi typically ranges from ₹3.8 Lakhs to ₹15.5 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Credit Manager in New Delhi at HDFC Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹17.7 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 400+ HDFC Bank employees in India.
What is the estimated take home salary of a Credit Manager at HDFC Bank in New Delhi?
The estimated take-home salary of a Credit Manager at HDFC Bank in New Delhi typically ranges from ₹67,145 to ₹68,863 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from Fresher to 12 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 400+ 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 New Delhi?
To be a Credit Manager at HDFC Bank in New Delhi, 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?
IDBI Bank ₹8.5 Lakhs to ₹28.0 Lakhs per year
Canara Bank ₹12.0 Lakhs to ₹22.0 Lakhs per year
State Bank of India ₹13.0 Lakhs to ₹20.0 Lakhs per year
Punjab National Bank ₹9.8 Lakhs to ₹22.0 Lakhs per year
Federal Bank ₹12.0 Lakhs to ₹19.0 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 New Delhi?
The salary of a Credit Manager at companies similar to HDFC Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India ₹11.2 Lakhs to ₹18.0 Lakhs per year
Karnataka Bank ₹11.4 Lakhs to ₹16.0 Lakhs per year
South Indian Bank ₹10.0 Lakhs to ₹15.3 Lakhs per year
Karur Vysya Bank ₹9.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank ₹4.8 Lakhs to ₹16.0 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 New Delhi?
The salary growth for a Credit Manager at HDFC Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Credit Manager in New Delhi can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
Fresher ₹4.3 Lakhs to ₹15.0 Lakhs per year
1 year ₹4.1 Lakhs to ₹13.4 Lakhs per year
2 years ₹3.7 Lakhs to ₹15.5 Lakhs per year
3 years ₹4.6 Lakhs to ₹15.8 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Credit Manager salary in New Delhi ranges between ₹3.8 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 479 HDFC Bank latest salaries received from various employees of HDFC Bank.