HDFC Bank Credit Risk Manager Salaries by 90+ Employees (Updated 2025)

1 - 8 years exp.

₹5 Lakhs - ₹21.5 Lakhs

Salary of majority employees

8% less than the average Credit Risk Manager Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Risk Manager Salary 1 - 8 years exp. (35 salaries)	₹5.6 L/yr - ₹23 L/yr
Finance & Accounting Credit Risk Manager Salary 1 - 8 years exp. (19 salaries)	₹5.3 L/yr - ₹17 L/yr
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Risk Management & Compliance Credit Risk Manager Salary 1 - 8 years exp. (17 salaries)	₹6.3 L/yr - ₹22 L/yr

Last Updated: 18 Mar 2025

Companies similar to HDFC Bank for Credit Risk Manager

Company name	Avg Annual Salary	Open Jobs
Yes Bank Credit Risk Manager Salary 1 - 11 years exp. (100 salaries)	₹4.5 L/yr - ₹17 L/yr 23% less
ICICI Bank Credit Risk Manager Salary 0 - 5 years exp. (86 salaries)	₹8 L/yr - ₹27.9 L/yr 28% more
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Kotak Mahindra Bank Credit Risk Manager Salary 1 - 8 years exp. (20 salaries)	₹5.2 L/yr - ₹14 L/yr 25% less
Axis Bank Credit Risk Manager Salary 3 - 11 years exp. (14 salaries)	₹8 L/yr - ₹21 L/yr 6% more
RBL Bank Credit Risk Manager Salary 1 - 5 years exp. (10 salaries)	₹3.7 L/yr - ₹12.6 L/yr 39% less
IDFC FIRST Bank Credit Risk Manager Salary 1 - 5 years exp. (9 salaries)	₹6.2 L/yr - ₹25 L/yr 20% more
Jana Small Finance Bank Credit Risk Manager Salary 3 - 12 years exp. (8 salaries)	₹5.6 L/yr - ₹19.9 L/yr 3% more
Karur Vysya Bank Credit Risk Manager Salary 1 - 8 years exp. (7 salaries)	₹7.8 L/yr - ₹13.5 L/yr 18% less
IndusInd Bank Credit Risk Manager Salary 3 - 7 years exp. (6 salaries)	₹9.5 L/yr - ₹25.1 L/yr 32% more
IDBI Bank Credit Risk Manager Salary 5 - 16 years exp. (5 salaries)	₹18.2 L/yr - ₹25 L/yr 77% more
South Indian Bank Credit Risk Manager Salary 10 - 13 years exp. (5 salaries)	₹18 L/yr - ₹22 L/yr 59% more
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Punjab National Bank Credit Risk Manager Salary 4 - 6 years exp. (5 salaries)	₹11.1 L/yr - ₹20 L/yr 13% more
Bandhan Bank Credit Risk Manager Salary 0 - 3 years exp. (4 salaries)	₹12 L/yr - ₹12.3 L/yr 2% less
Ujjivan Small Finance Bank Credit Risk Manager Salary 5 - 12 years exp. (4 salaries)	₹12 L/yr - ₹17.5 L/yr 14% more
Utkarsh Small Finance Bank Credit Risk Manager Salary 2 - 8 years exp. (4 salaries)	₹4.3 L/yr - ₹7.1 L/yr 57% less
Central Bank of India Credit Risk Manager Salary 0 - 3 years exp. (3 salaries)	₹17 L/yr - ₹18.5 L/yr 44% more
State Bank of India Credit Risk Manager Salary 9 - 10 years exp. (3 salaries)	₹14 L/yr - ₹20 L/yr 32% more
City Union Bank Credit Risk Manager Salary 1 - 13 years exp. (3 salaries)	₹4 L/yr - ₹14 L/yr 41% less

Credit Risk Manager salary at HDFC Bank ranges between ₹5 Lakhs to ₹21.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 92 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Credit Risk Manager salaries

Last Updated: 18 Mar 2025

Experience	Avg Annual Salary
1 year (19 salaries)	₹5.1 L/yr - ₹20.5 L/yr
2 years (16 salaries)	₹6 L/yr - ₹18.5 L/yr
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3 years (10 salaries)	₹5 L/yr - ₹18 L/yr
4 years (9 salaries)	₹5 L/yr - ₹19.1 L/yr
5 years (7 salaries)	₹5.5 L/yr - ₹19.8 L/yr
6 years (11 salaries)	₹5.3 L/yr - ₹20 L/yr
7 years (11 salaries)	₹6 L/yr - ₹19.5 L/yr
8 years (9 salaries)	₹8.8 L/yr - ₹22 L/yr

View all

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Top skills at HDFC Bank for Credit Risk Manager

Credit Risk Management Risk Assessment Risk Analysis Finance Senior Management Collections Credit Underwriting Auditing Portfolio Management Banking Recovery Credit Analysis

Salary related reviews for HDFC Bank

2.9

Rated by 10 employees for salary & benefits

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Marketing & Communication Department

2.0

• posted on 15 Feb 2025

2.0

for Salary and Benefits

Likes

Brand value and future leaders in banking ,

Dislikes

Internal Politics, no understand on employee struggles ,no job security, less salary in the market ,always think about bank profits ,no human values ,no caring of employees , no much digitalization comparing to other banks , No leaves ,huge pressure eon every employee for tgts , need huge profits with less man power, No happiness at working with bank .only need of the hour for employees

Salary - Poor

+4 more

Deputy Manager in Guwahati (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 09 Feb 2025

2.0

for Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

Skill development - Good

+1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

Salary - Poor

+1 more

Assistant Vice President in Mumbai

Full Time

Engineering - Software & QA Department

2.0

• posted on 04 Dec 2024

3.0

for Salary and Benefits

Likes

Only job security. Salary on time. Work life balance is depends on manager.

Skill development - Good

+1 more

Dislikes

Excessive work load, it ruin week end and late night so it hardly impact on work life balance. Poor management (Depends on vertical). Poisonous politics. Unpractical deadlines. At join they told its hybrid but after few months manager ruling to come everyday. Bad infrastructure, office and internet services.

Promotions - Poor

+3 more

Deputy Manager in Chennai

Full Time

Sales & Business Development Department

5.0

• posted on 04 Dec 2024

4.0

for Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

Salary - Good

+6 more

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

Deputy Manager in Bhopal

Full Time

Sales & Business Development Department

2.0

• posted on 09 Oct 2024

2.0

for Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

Salary - Poor

+5 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDFC Bank Credit Risk Manager Salary FAQs

What is the salary of Credit Risk Manager at HDFC Bank ?

The average salary of a Credit Risk Manager at HDFC Bank in India typically ranges from ₹5.0 Lakhs to ₹21.5 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Credit Risk Manager at HDFC Bank earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Credit Risk 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 90+ HDFC Bank employees in India.

What is the estimated take home salary of a Credit Risk Manager at HDFC Bank in India?

The estimated take-home salary of a Credit Risk Manager at HDFC Bank in India typically ranges from ₹87,805 to ₹90,108 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹21.5 Lakhs per year for employees with experience ranging from 1 year to 8 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 90+ 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 Risk Manager at HDFC Bank ?

To be a Credit Risk Manager at HDFC Bank in india, the key skills required include:

- Credit Risk Management
- Risk Assessment
- Risk Analysis
- Finance
- Senior Management

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 Risk Manager in India?

IDBI Bank	₹18.2 Lakhs to ₹25.0 Lakhs per year
South Indian Bank	₹18.0 Lakhs to ₹22.0 Lakhs per year
Central Bank of India	₹17.0 Lakhs to ₹18.5 Lakhs per year
State Bank of India	₹14.0 Lakhs to ₹20.0 Lakhs per year
IndusInd Bank	₹9.5 Lakhs to ₹25.1 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 Risk Manager in companies similar to HDFC Bank in India?

The salary of a Credit Risk Manager at companies similar to HDFC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹8.0 Lakhs to ₹27.9 Lakhs per year
IDFC FIRST Bank	₹6.2 Lakhs to ₹25.0 Lakhs per year
Ujjivan Small Finance Bank	₹12.0 Lakhs to ₹17.5 Lakhs per year
Punjab National Bank	₹11.1 Lakhs to ₹20.0 Lakhs per year
Axis Bank	₹8.0 Lakhs to ₹21.0 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 Risk Manager at HDFC Bank in India?

The salary growth for a Credit Risk Manager at HDFC Bank depends on factors such as experience, performance, and promotions. On average, a Credit Risk Manager can expect the following growth trajectory at HDFC Bank:

Experience	Average Salary Range
1 year	₹5.1 Lakhs to ₹20.5 Lakhs per year
2 years	₹6.0 Lakhs to ₹18.5 Lakhs per year
3 years	₹5.0 Lakhs to ₹18.0 Lakhs per year
4 years	₹5.0 Lakhs to ₹19.1 Lakhs per year

and so on.

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HDFC Bank Credit Risk Manager Salaries

HDFC Bank Credit Risk Manager salary in India ranges between ₹5 Lakhs to ₹21.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 92 HDFC Bank latest salaries received from various employees of HDFC Bank.