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

1 - 8 years exp.

₹5 Lakhs - ₹21.5 Lakhs

Salary of majority employees

Fixed (86%)

₹10.5 Lakhs

Variable (14%)

₹1.7 Lakh

9% 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. (18 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: 23 Feb 2025

Companies similar to HDFC Bank for Credit Risk Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Risk Manager Salary 0 - 5 years exp. (81 salaries)	₹7.5 L/yr - ₹24.9 L/yr 26% more
Axis Bank Credit Risk Manager Salary 3 - 11 years exp. (14 salaries)	₹8 L/yr - ₹21 L/yr 6% more
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State Bank of India Credit Risk Manager Salary 9 - 10 years exp. (3 salaries)	₹14 L/yr - ₹20 L/yr 34% more
Kotak Mahindra Bank Credit Risk Manager Salary 1 - 8 years exp. (20 salaries)	₹5.2 L/yr - ₹14 L/yr 24% less
Yes Bank Credit Risk Manager Salary 1 - 11 years exp. (101 salaries)	₹4.5 L/yr - ₹15.4 L/yr 26% less
IndusInd Bank Credit Risk Manager Salary 3 - 7 years exp. (5 salaries)	₹9.5 L/yr - ₹20.5 L/yr 17% more
IDFC FIRST Bank Credit Risk Manager Salary 1 - 5 years exp. (9 salaries)	₹6.2 L/yr - ₹25 L/yr 21% more
RBL Bank Credit Risk Manager Salary 1 - 5 years exp. (10 salaries)	₹3.7 L/yr - ₹12.6 L/yr 38% less
Standard Chartered Credit Risk Manager Salary 1 - 10 years exp. (14 salaries)	₹12 L/yr - ₹27 L/yr 49% more
Jana Small Finance Bank Credit Risk Manager Salary 3 - 11 years exp. (8 salaries)	₹5.6 L/yr - ₹19.9 L/yr 4% more
Karur Vysya Bank Credit Risk Manager Salary 1 - 8 years exp. (7 salaries)	₹7.8 L/yr - ₹13.5 L/yr 16% less
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IDBI Bank Credit Risk Manager Salary 5 - 16 years exp. (5 salaries)	₹18.2 L/yr - ₹25 L/yr 79% more
Punjab National Bank Credit Risk Manager Salary 4 - 6 years exp. (5 salaries)	₹11.1 L/yr - ₹20 L/yr 15% more
Central Bank of India Credit Risk Manager Salary 0 - 4 years exp. (4 salaries)	₹11.5 L/yr - ₹18.5 L/yr 33% more
Bandhan Bank Credit Risk Manager Salary 0 - 3 years exp. (4 salaries)	₹12 L/yr - ₹12.3 L/yr 1% less
South Indian Bank Credit Risk Manager Salary 10 - 12 years exp. (5 salaries)	₹18 L/yr - ₹22 L/yr 61% more
Ujjivan Small Finance Bank Credit Risk Manager Salary 5 - 12 years exp. (4 salaries)	₹12 L/yr - ₹17.5 L/yr 16% more
Utkarsh Small Finance Bank Credit Risk Manager Salary 2 - 8 years exp. (4 salaries)	₹4.3 L/yr - ₹7.1 L/yr 56% 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 91 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Credit Risk Manager salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
1 year (20 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 (9 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 (10 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 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

Sales Officer in Etawah

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.

Skill development - Excellent

+1 more

Dislikes

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

Deputy Manager in New Delhi

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.

Skill development - Poor

+3 more

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What people are saying about HDFC Bank

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spellbindingmint

works at

HDFC Bank

I got offer from Infosys as associate consultant and currently working as Wealth manager for HDFC bank. Is job security there in Infosys?

The scenario is here in HDFC, they are forcing us to join operations team and reducing our salary from 14lpa to 8.5lpa. While Infosys is offering 10.5lpa. What should I do as I think the in hand salary will be similar in both the companies. Worried about job security in Infosys.

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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 ₹5.0 Lakhs to ₹21.5 Lakhs for experience between 1 years to 8 years. According to our estimates it is 9% 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 9% 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 ₹86,816 per month to ₹89,091 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 ₹5.0 Lakhs to ₹21.5 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, 62% of the HDFC Bank Credit Risk Managers reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 60 responses on AmbitionBox in last 2 years.

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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 91 HDFC Bank latest salaries received from various employees of HDFC Bank.