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

Annual salary range
4 - 12 years exp.
₹7.8 Lakhs - ₹20.5 Lakhs
Salary of majority employees
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At par with the average Senior Manager Credit Salary in Banking Companies for 4 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading
Senior Manager Credit Salary
4 - 12 years exp. (160 salaries)
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₹8.6 L/yr - ₹20.5 L/yr

Finance & Accounting
Senior Manager Credit Salary
4 - 12 years exp. (90 salaries)
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₹7.8 L/yr - ₹20 L/yr

Risk Management & Compliance
Senior Manager Credit Salary
4 - 12 years exp. (18 salaries)
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₹8 L/yr - ₹16 L/yr

Last Updated: 17 Mar 2025

Companies similar to HDFC Bank for Senior Manager Credit

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

2 - 8 years exp. (165 salaries)

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₹7 L/yr - ₹22.8 L/yr

arrow icon 7% more
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Axis Bank Senior Manager Credit Salary

5 - 14 years exp. (119 salaries)

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₹10 L/yr - ₹26.9 L/yr

arrow icon 16% more
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₹14 L/yr - ₹23 L/yr

arrow icon 21% more
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Kotak Mahindra Bank Senior Manager Credit Salary

2 - 12 years exp. (389 salaries)

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₹7 L/yr - ₹16 L/yr

arrow icon 9% less
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Yes Bank Senior Manager Credit Salary

4 - 13 years exp. (186 salaries)

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₹7.8 L/yr - ₹17 L/yr

arrow icon 7% less
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IndusInd Bank Senior Manager Credit Salary

3 - 12 years exp. (20 salaries)

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₹8 L/yr - ₹23.5 L/yr

arrow icon 3% less
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IDFC FIRST Bank Senior Manager Credit Salary

2 - 12 years exp. (81 salaries)

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₹6.3 L/yr - ₹16 L/yr

arrow icon 20% less
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RBL Bank Senior Manager Credit Salary

3 - 15 years exp. (17 salaries)

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₹10 L/yr - ₹17 L/yr

arrow icon 8% less
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Standard Chartered Senior Manager Credit Salary

4 - 12 years exp. (21 salaries)

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₹10.4 L/yr - ₹33.4 L/yr

arrow icon 60% more
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₹11 L/yr - ₹30 L/yr

arrow icon 65% more
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Senior Manager Credit salary at HDFC Bank ranges between ₹7.8 Lakhs to ₹20.5 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 332 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Senior Manager Credit

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Experience wise HDFC Bank Senior Manager Credit salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
4 years  (33 salaries)

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₹9 L/yr - ₹19 L/yr
5 years  (45 salaries)

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₹9 L/yr - ₹20 L/yr
6 years  (44 salaries)

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₹9.9 L/yr - ₹19.5 L/yr
7 years  (46 salaries)

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₹9.5 L/yr - ₹19.6 L/yr
8 years  (50 salaries)

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₹8.1 L/yr - ₹20.5 L/yr
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HDFC Bank Senior Manager Credit Salary and Career Growth

From

To

Senior Manager Credit

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4 - 12 years exp.

Regional Credit Manager

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9 - 24 years exp.

Senior Manager Credit 4 - 12 years exp.
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Area Credit Manager 5 - 18 years exp.
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arrow icon 36% hike
    Regional Credit Manager 9 - 24 years exp.
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    arrow icon 70% hike

    From

    To

    Senior Manager Credit

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    4 - 12 years exp.

    Deputy Vice President

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    10 - 25 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in HDFC Bank

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    Credit Manager Salary
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    Deputy Manager Salary
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    ₹2 L/yr - ₹10.03 L/yr
    Chief Manager Salary
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    Branch Manager Salary
    (1.6k salaries)
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    ₹1.66 L/yr - ₹8.98 L/yr
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    ₹1.5 L/yr - ₹8.4 L/yr
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    ₹2.64 L/yr - ₹11 L/yr
    Credit Analyst Salary
    (177 salaries)
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    ₹4.5 L/yr - ₹18.18 L/yr
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    ₹7.93 L/yr - ₹30 L/yr

    Top skills at HDFC Bank for Senior Manager Credit

    Mechanical Engineering Private Banking CFA Wholesale banking Credit Rating Risk Modeling Trade Finance Ca Financial Statement Analysis Credit Analysis Risk Management Financial Statements Risk Management Credit Administration CFA

    Salary related reviews for HDFC Bank

    3.1

    Rated by 37 employees for salary & benefits

    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

    read more
    • Salary - Poor
    • +4 more

    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.

    read more
    • Salary - Poor
    • +1 more

    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
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    HDFC Bank Senior Manager Credit Salary FAQs

    What is the salary of Senior Manager Credit at HDFC Bank ?
    The average salary of a Senior Manager Credit at HDFC Bank in India typically ranges from ₹7.8 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 4 years to 12 years).

    The top 10% of Senior Manager Credit at HDFC Bank earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Senior Manager Credit 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 300+ HDFC Bank employees in India.
    What is the estimated take home salary of a Senior Manager Credit at HDFC Bank in India?
    The estimated take-home salary of a Senior Manager Credit at HDFC Bank in India typically ranges from ₹96,182 to ₹98,780 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 4 years 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 300+ 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 Senior Manager Credit at HDFC Bank ?
    To be a Senior Manager Credit at HDFC Bank in india, the key skills required include:

    • - Mechanical Engineering
    • - Private Banking
    • - CFA
    • - Wholesale banking
    • - Credit Rating

    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 Senior Manager Credit in India?
    Canara Bank ₹16.0 Lakhs to ₹35.0 Lakhs per year
    Punjab National Bank ₹11.0 Lakhs to ₹30.0 Lakhs per year
    Standard Chartered ₹10.4 Lakhs to ₹33.4 Lakhs per year
    Union Bank of India ₹11.0 Lakhs to ₹28.5 Lakhs per year
    Federal Bank ₹14.0 Lakhs to ₹22.0 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 Senior Manager Credit in companies similar to HDFC Bank in India?
    The salary of a Senior Manager Credit at companies similar to HDFC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Central Bank of India ₹14.5 Lakhs to ₹22.0 Lakhs per year
    State Bank of India ₹14.0 Lakhs to ₹23.0 Lakhs per year
    IDBI Bank ₹14.0 Lakhs to ₹18.0 Lakhs per year
    South Indian Bank ₹14.0 Lakhs to ₹18.8 Lakhs per year
    Axis Bank ₹10.0 Lakhs to ₹26.9 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 Senior Manager Credit at HDFC Bank in India?
    The salary growth for a Senior Manager Credit at HDFC Bank depends on factors such as experience, performance, and promotions. On average, a Senior Manager Credit can expect the following growth trajectory at HDFC Bank:

    Experience Average Salary Range
    4 years ₹9.0 Lakhs to ₹19.0 Lakhs per year
    5 years ₹9.0 Lakhs to ₹20.0 Lakhs per year
    6 years ₹9.9 Lakhs to ₹19.5 Lakhs per year
    7 years ₹9.5 Lakhs to ₹19.6 Lakhs per year
    and so on.

    Tell us how to improve this page.

    HDFC Bank Senior Manager Credit salary in India ranges between ₹7.8 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 332 HDFC Bank latest salaries received from various employees of HDFC Bank.