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

Annual salary range
0 - 12 years exp.
₹3.7 Lakhs - ₹15 Lakhs
Salary of majority employees
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Fixed (100%)
₹8.7 Lakhs
Variable (0%)
₹0.0
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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? 5 job openings

Salaries in different departments

Finance & Accounting
Credit Manager Salary
0 - 11 years exp. (167 salaries)
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₹4.2 L/yr - ₹13.1 L/yr

BFSI, Investments & Trading
Credit Manager Salary
0 - 12 years exp. (157 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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₹3.5 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: 28 Feb 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. (472 salaries)

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₹3.7 L/yr - ₹15 L/yr

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

0 - 11 years exp. (543 salaries)

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₹4.7 L/yr - ₹16 L/yr

arrow icon 20% more
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Axis Bank Credit Manager Salary

0 - 11 years exp. (166 salaries)

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₹3.6 L/yr - ₹14.6 L/yr

arrow icon 2% less
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State Bank of India Credit Manager Salary

4 - 10 years exp. (4 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 113% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (153 salaries)

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₹3.8 L/yr - ₹14 L/yr

arrow icon 5% more
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (22 salaries)

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₹4.1 L/yr - ₹13.6 L/yr

arrow icon 10% less
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (110 salaries)

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₹3.3 L/yr - ₹12 L/yr

arrow icon 9% less
1 job opening
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Yes Bank Credit Manager Salary

0 - 10 years exp. (88 salaries)

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₹4.2 L/yr - ₹14.1 L/yr

arrow icon 1% less
1 job opening
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Bandhan Bank Credit Manager Salary

0 - 11 years exp. (34 salaries)

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₹3.5 L/yr - ₹9.5 L/yr

arrow icon 30% less
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RBL Bank Credit Manager Salary

2 - 9 years exp. (29 salaries)

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₹3.5 L/yr - ₹11.1 L/yr

arrow icon 24% less
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₹2.4 L/yr - ₹8.1 L/yr

arrow icon 44% less
2 job openings
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IDBI Bank Credit Manager Salary

6 - 16 years exp. (16 salaries)

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₹8.5 L/yr - ₹27 L/yr

arrow icon 134% more
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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 79% more
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Jana Small Finance Bank Credit Manager Salary

2 - 12 years exp. (14 salaries)

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₹2.6 L/yr - ₹8.8 L/yr

arrow icon 26% less
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₹3.2 L/yr - ₹10 L/yr

arrow icon 35% less
1 job opening
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Punjab National Bank Credit Manager Salary

4 - 8 years exp. (14 salaries)

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₹6.8 L/yr - ₹18 L/yr

arrow icon 79% more
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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 120% 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 84% 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 22% more
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South Indian Bank Credit Manager Salary

4 - 8 years exp. (4 salaries)

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₹10 L/yr - ₹16.4 L/yr

arrow icon 72% more
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Karnataka Bank Credit Manager Salary

3 - 6 years exp. (3 salaries)

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₹11.4 L/yr - ₹14.4 L/yr

arrow icon 58% more
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Credit Manager salary at HDFC Bank ranges between ₹3.7 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 472 latest salaries received from various employees of HDFC Bank.

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

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Experience wise HDFC Bank Credit Manager salaries in New Delhi

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
Fresher  (59 salaries)

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₹3.7 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  (50 salaries)

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₹3.5 L/yr - ₹12 L/yr
4 years  (55 salaries)

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₹3.8 L/yr - ₹13 L/yr
View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(2.1k salaries)
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₹2.3 L/yr - ₹10.5 L/yr
Sales Manager Salary
(598 salaries)
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₹3.1 L/yr - ₹12 L/yr
Branch Manager Salary
(160 salaries)
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₹7.5 L/yr - ₹25 L/yr
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₹9.87 L/yr - ₹24 L/yr
Credit Analyst Salary
(19 salaries)
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₹10.89 L/yr - ₹17 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 Banking SME Personal Loans Credit Risk Lap Portfolio Management
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Salary related reviews for HDFC Bank

2.7

Rated by 44 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 New Delhi?
Credit Manager salary at HDFC Bank in New Delhi ranges between ₹3.7 Lakhs to ₹15.0 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 472 latest salaries received from various employees of HDFC Bank New Delhi.
How does the salary of a Credit Manager at HDFC Bank New Delhi 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 New Delhi. 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 New Delhi.
Which similar companies are paying more than HDFC Bank to a Credit Manager in New Delhi?
  • IDBI Bank Credit Manager Salary - ₹8.5 Lakhs to ₹27.0 Lakhs per year
  • Canara Bank Credit Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
  • State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • Union Bank of India Credit Manager Salary - ₹11.2 Lakhs to ₹18.0 Lakhs per year
  • Punjab National Bank Credit Manager Salary - ₹6.8 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to HDFC Bank in New Delhi?
  • Federal Bank Credit Manager Salary - ₹12.0 Lakhs to ₹19.0 Lakhs per year
  • South Indian Bank Credit Manager Salary - ₹10.0 Lakhs to ₹16.4 Lakhs per year
  • Karnataka Bank Credit Manager Salary - ₹11.4 Lakhs to ₹14.4 Lakhs per year
  • Karur Vysya Bank Credit Manager Salary - ₹9.0 Lakhs to ₹14.0 Lakhs per year
  • ICICI Bank Credit Manager Salary - ₹4.7 Lakhs to ₹16.0 Lakhs per year
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 ranges between ₹63,771 per month to ₹65,394 per month in New Delhi. The take-home salary calculation is based on the average HDFC Bank Credit Manager salary in India which ranges between ₹3.7 Lakhs to ₹15.0 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 in New Delhi?
According to AmbitionBox, 43% of the HDFC Bank Credit Managers in New Delhi reported a notice period of 3 Months, 42% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 227 responses on AmbitionBox in last 2 years.

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HDFC Bank Credit Manager salary in New Delhi ranges between ₹3.7 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 472 HDFC Bank latest salaries received from various employees of HDFC Bank.

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