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HDFC Bank Credit Risk Manager salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹5.5 Lakhs - ₹21.7 Lakhs
Salary of majority employees
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Fixed (86%)
₹10.8 Lakhs
Variable (14%)
₹1.8 Lakh
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7% 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)
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₹5.6 L/yr - ₹23.8 L/yr

Finance & Accounting
Credit Risk Manager Salary
1 - 8 years exp. (17 salaries)
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₹5.3 L/yr - ₹17 L/yr

Risk Management & Compliance
Credit Risk Manager Salary
1 - 8 years exp. (17 salaries)
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₹6.3 L/yr - ₹22 L/yr

Last Updated: 23 Feb 2025

Companies similar to HDFC Bank for Credit Risk Manager

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

0 - 5 years exp. (81 salaries)

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₹7.5 L/yr - ₹24.9 L/yr

arrow icon 23% more
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Axis Bank Credit Risk Manager Salary

3 - 11 years exp. (14 salaries)

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₹8 L/yr - ₹21 L/yr

arrow icon 3% more
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₹14 L/yr - ₹20 L/yr

arrow icon 30% more
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₹5.2 L/yr - ₹14 L/yr

arrow icon 26% less
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Yes Bank Credit Risk Manager Salary

1 - 11 years exp. (102 salaries)

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₹4.5 L/yr - ₹15.4 L/yr

arrow icon 27% less
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IndusInd Bank Credit Risk Manager Salary

3 - 7 years exp. (5 salaries)

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₹9.5 L/yr - ₹20.5 L/yr

arrow icon 14% more
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IDFC FIRST Bank Credit Risk Manager Salary

1 - 5 years exp. (9 salaries)

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₹6.2 L/yr - ₹25 L/yr

arrow icon 18% more
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RBL Bank Credit Risk Manager Salary

1 - 5 years exp. (10 salaries)

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₹3.7 L/yr - ₹12.6 L/yr

arrow icon 40% less
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Standard Chartered Credit Risk Manager Salary

1 - 10 years exp. (14 salaries)

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₹12 L/yr - ₹27 L/yr

arrow icon 45% more
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₹5.6 L/yr - ₹19.9 L/yr

arrow icon 2% more
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Karur Vysya Bank Credit Risk Manager Salary

1 - 8 years exp. (7 salaries)

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₹7.8 L/yr - ₹13.5 L/yr

arrow icon 19% less
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IDBI Bank Credit Risk Manager Salary

5 - 16 years exp. (5 salaries)

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₹18.2 L/yr - ₹25 L/yr

arrow icon 74% more
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South Indian Bank Credit Risk Manager Salary

10 - 12 years exp. (5 salaries)

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₹18 L/yr - ₹22 L/yr

arrow icon 56% more
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₹11.1 L/yr - ₹20 L/yr

arrow icon 12% more
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₹11.5 L/yr - ₹18.5 L/yr

arrow icon 29% more
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Bandhan Bank Credit Risk Manager Salary

0 - 3 years exp. (4 salaries)

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₹12 L/yr - ₹12.3 L/yr

arrow icon 4% less
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₹12 L/yr - ₹17.5 L/yr

arrow icon 12% more
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₹4.3 L/yr - ₹7.1 L/yr

arrow icon 57% less
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City Union Bank Credit Risk Manager Salary

1 - 12 years exp. (3 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 42% less

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Credit Risk Manager salary at HDFC Bank ranges between ₹5.5 Lakhs to ₹21.7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 91 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Credit Risk Manager

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Experience wise HDFC Bank Credit Risk Manager salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
1 year  (20 salaries)

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₹5.1 L/yr - ₹21.1 L/yr
2 years  (16 salaries)

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₹6 L/yr - ₹18.5 L/yr
3 years  (9 salaries)

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₹6 L/yr - ₹18 L/yr
4 years  (9 salaries)

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₹5.5 L/yr - ₹19.1 L/yr
5 years  (7 salaries)

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₹5.5 L/yr - ₹19.8 L/yr
View all

Similar Designation salaries in HDFC Bank

Credit Manager Salary
(2.7k salaries)
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₹3.5 L/yr - ₹14.08 L/yr
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₹6.8 L/yr - ₹16 L/yr
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₹8 L/yr - ₹30 L/yr
Deputy Manager Salary
(15.1k salaries)
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₹2 L/yr - ₹10.8 L/yr
Chief Manager Salary
(13 salaries)
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₹8 L/yr - ₹26 L/yr
Credit Officer Salary
(252 salaries)
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₹1.15 L/yr - ₹4 L/yr
Branch Manager Salary
(1.6k salaries)
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₹6.5 L/yr - ₹23 L/yr
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₹2.47 L/yr - ₹11 L/yr
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₹2.05 L/yr - ₹12.5 L/yr
Credit Analyst Salary
(168 salaries)
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₹11 L/yr - ₹18.55 L/yr

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
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Salary related reviews for HDFC Bank

2.9

Rated by 10 employees for salary & benefits

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.

read more
  • 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.

read more
  • Promotions - Poor
  • +3 more

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

read more

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

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Sep 2024

3.0
 for  Salary and Benefits

Likes

Salary Improvement required, old & new employee salary pakage are different of same post. Old employees got low package & new appointy get higher pakage of salary.

read more
  • Skill development - Excellent
  • +1 more

Dislikes

Salary & Position growth is not available in organization, it is same here at other corporate.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Jul 2024

3.0
 for  Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

  • Job security - Excellent

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

read more
  • Skill development - Poor
  • +3 more
see more salary related reviews

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HDFC Bank Credit Risk Manager Salary FAQs

What is the salary of Credit Risk Manager at HDFC Bank?
Credit Risk Manager salary at HDFC Bank in India ranges between ₹5.5 Lakhs to ₹21.7 Lakhs for experience between 1 years to 8 years. According to our estimates it is 7% less than the average Credit Risk Manager Salary in India. Salary estimates are based on 91 latest salaries received from various employees of HDFC Bank India.
How does the salary of a Credit Risk Manager at HDFC Bank India compare with the average salary range for this job?
The average salary of a Credit Risk Manager at HDFC Bank is 7% less than the average salary of a Credit Risk Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Credit Risk Manager at HDFC Bank?
Credit Risk Management, Risk Assessment, Risk Analysis, Finance and Senior Management are some of the popular skills required to work as a Credit Risk Manager at HDFC Bank India.
Which similar companies are paying more than HDFC Bank to a Credit Risk Manager in India?
  • IDBI Bank Credit Risk Manager Salary - ₹18.2 Lakhs to ₹25.0 Lakhs per year
  • South Indian Bank Credit Risk Manager Salary - ₹18.0 Lakhs to ₹22.0 Lakhs per year
  • Standard Chartered Credit Risk Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
  • State Bank of India Credit Risk Manager Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
  • Central Bank of India Credit Risk Manager Salary - ₹11.5 Lakhs to ₹18.5 Lakhs per year
What is the salary of a Credit Risk Manager in companies similar to HDFC Bank in India?
  • ICICI Bank Credit Risk Manager Salary - ₹7.5 Lakhs to ₹24.9 Lakhs per year
  • IDFC FIRST Bank Credit Risk Manager Salary - ₹6.2 Lakhs to ₹25.0 Lakhs per year
  • IndusInd Bank Credit Risk Manager Salary - ₹9.5 Lakhs to ₹20.5 Lakhs per year
  • Ujjivan Small Finance Bank Credit Risk Manager Salary - ₹12.0 Lakhs to ₹17.5 Lakhs per year
  • Punjab National Bank Credit Risk Manager Salary - ₹11.1 Lakhs to ₹20.0 Lakhs per year
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 ranges between ₹89,082 per month to ₹91,421 per month in India. The take-home salary calculation is based on the average HDFC Bank Credit Risk Manager salary in India which ranges between ₹5.5 Lakhs to ₹21.7 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Credit Risk Manager at HDFC Bank?
According to AmbitionBox, 61% of the HDFC Bank Credit Risk Managers reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 59 responses on AmbitionBox in last 2 years.

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HDFC Bank Credit Risk Manager salary in India ranges between ₹5.5 Lakhs to ₹21.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 91 HDFC Bank latest salaries received from various employees of HDFC Bank.