HSBC Group Credit Manager Salaries by 20+ Employees (Updated 2025)

1 - 10 years exp.

₹4.6 Lakhs - ₹17.6 Lakhs

Salary of majority employees

38% more than the average Credit Manager Salary in Financial Services Companies for 1 - 10 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 4 - 10 years exp. (8 salaries)	₹7.5 L/yr - ₹12.5 L/yr
BFSI, Investments & Trading Credit Manager Salary 2 - 9 years exp. (6 salaries)	₹10 L/yr - ₹17.6 L/yr
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Risk Management & Compliance Credit Manager Salary 1 - 3 years exp. (3 salaries)	₹4.6 L/yr - ₹9 L/yr

Last Updated: 24 Jan 2025

Companies similar to HSBC Group for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Credit Manager Salary 4 - 12 years exp. (55 salaries)	₹7 L/yr - ₹22 L/yr 29% more
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.2k salaries)	₹4 L/yr - ₹17.1 L/yr 7% less
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Axis Bank Credit Manager Salary 0 - 13 years exp. (827 salaries)	₹4 L/yr - ₹14.8 L/yr 17% less
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.3 L/yr 21% less	5 job openings
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	₹10 L/yr - ₹32 L/yr 79% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 16% less
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (227 salaries)	₹3.2 L/yr - ₹13 L/yr 27% less	1 job opening
Yes Bank Credit Manager Salary 0 - 10 years exp. (434 salaries)	₹4.5 L/yr - ₹14.9 L/yr 20% less
RBL Bank Credit Manager Salary 2 - 10 years exp. (141 salaries)	₹2.4 L/yr - ₹11.3 L/yr 40% less
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (163 salaries)	₹4 L/yr - ₹10.8 L/yr 31% less
Cholamandalam Investment & Finance Credit Manager Salary 2 - 12 years exp. (153 salaries)	₹2 L/yr - ₹10 L/yr 48% less
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IDFC FIRST Bharat Credit Manager Salary 3 - 10 years exp. (69 salaries)	₹3.5 L/yr - ₹8.3 L/yr 53% less
Citicorp Credit Manager Salary 5 - 15 years exp. (39 salaries)	₹7 L/yr - ₹27.9 L/yr 47% more
HDFC Sales Credit Manager Salary 3 - 11 years exp. (23 salaries)	₹3 L/yr - ₹8.7 L/yr 47% less
The Muthoot Group Credit Manager Salary 0 - 11 years exp. (17 salaries)	₹3.8 L/yr - ₹5.9 L/yr 53% less
Capri Global Housing Finance Credit Manager Salary 3 - 6 years exp. (14 salaries)	₹4.2 L/yr - ₹9 L/yr 48% less
RBL FinServe Credit Manager Salary 3 - 8 years exp. (8 salaries)	₹2.3 L/yr - ₹6.4 L/yr 59% less
Muthoot Pappachan Group Credit Manager Salary 0 - 7 years exp. (7 salaries)	₹1.8 L/yr - ₹6.2 L/yr 66% less
Wells Fargo Credit Manager Salary 2 - 11 years exp. (5 salaries)	₹7.7 L/yr - ₹25 L/yr 65% more
American Express Credit Manager Salary 4 - 13 years exp. (4 salaries)	₹15.7 L/yr - ₹35 L/yr 120% more

Credit Manager salary at HSBC Group ranges between ₹4.6 Lakhs to ₹17.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 24 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Credit Manager salaries

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.6 L/yr - ₹15.8 L/yr
2 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹11.5 L/yr
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3 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.4 L/yr
4 years (3 salaries)	₹8 L/yr - ₹15 L/yr
5 years (4 salaries)	₹6 L/yr - ₹15.5 L/yr
6 years (4 salaries)	₹8 L/yr - ₹12.5 L/yr
7 years (4 salaries)	₹7 L/yr - ₹17.6 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹16 L/yr
10 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹22.8 L/yr

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Similar Designation salaries in HSBC Group

Credit Officer Salary

(18 salaries)

₹3.5 L/yr - ₹8.22 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Branch Manager Salary

(5 salaries)

₹10.5 L/yr - ₹15.42 L/yr

Deputy Manager Salary

(16 salaries)

₹6 L/yr - ₹8.81 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.1 L/yr

Credit Analyst Salary

(86 salaries)

₹6 L/yr - ₹21 L/yr

Sales Manager Salary

(4 salaries)

₹5 L/yr - ₹6 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Credit Underwriter Salary

(14 salaries)

₹3.5 L/yr - ₹8.8 L/yr

Credit Executive Salary

(10 salaries)

₹2.5 L/yr - ₹4.37 L/yr

Top skills at HSBC Group for Credit Manager

Housekeeping Customer Service Biochemistry Operations Auditing Interpersonal Skills Clinical SAS Programming Relationship Management Home Loans Trade Finance Financial Services CCTV Monitoring Agile Coaching IFRS Medical Coding

Salary related reviews for HSBC Group

3.6

Rated by 3 employees for salary & benefits

Senior Associate in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

5.0

• posted on 20 Oct 2023

3.0

for Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

Skill development - Good

+5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

Assistant Vice President in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 26 Apr 2023

3.0

for Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

Skill development - Good

+5 more

Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

4.0

• posted on 11 Apr 2023

3.0

for Salary and Benefits

Likes

Great learning opportunities at work. Good job satisfaction and opportunity to explore a lot of models for development and validation

Skill development - Good

+3 more

Dislikes

Poor hikes and appraisals. Pay not matched up to the market standards

Credit Analyst in Kolkata

Full Time

Finance & Accounting Department

2.0

• posted on 01 Feb 2023

1.0

for Salary and Benefits

Likes

Just flexible hours nothing else. They sell themselves claiming that they have good work culture. It might be good at the organisational level, but not at our level. Work culture depends on the managers more than the organisation. And if by chance you don’t get a good manager then you’ll be in a mess. Even if the entire team goes and escalates to the senior management about the manager, no action will be taken against the manager in CAU instead you’ll be shifted to another team. But who knows what will happen after that. Won’t recommend anyone to join.

Job security - Excellent

Dislikes

They are willing to pay freshers but don’t value existing employees at all. They are of the opinion that they can pay more to the new joiner but no point of paying more to the existing employees.

Salary - Bad

+4 more

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

3.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

The company provides lots of avenues for training . Colleagues respect /support each other in work with good work life balance

Skill development - Good

+2 more

Dislikes

1. Compensation and benefits 2. Complex org structure 3. Could be more dynamic

Salary - Poor

+1 more

see more salary related reviews

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What people are saying about HSBC Group

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a senior business analyst

HSBC GSC Pune

Hi folks, need a help with a decision. Does HSBC GSC allows work from Pune location. I have got an offer for Bengaluru. Any flexibility to work from Pune location? First level of understanding i got is that they don’t have GSC offices in Pune. Can someone throw some light? Thanks in advance.

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HSBC Group Credit Manager Salary FAQs

What is the salary of Credit Manager at HSBC Group?

Credit Manager salary at HSBC Group in India ranges between ₹4.6 Lakhs to ₹17.6 Lakhs for experience between 1 years to 10 years. According to our estimates it is 38% more than the average Credit Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of HSBC Group India.

How does the salary of a Credit Manager at HSBC Group India compare with the average salary range for this job?

The average salary of a Credit Manager at HSBC Group is 38% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at HSBC Group?

Housekeeping, Customer Service, Biochemistry, Operations and Auditing are some of the popular skills required to work as a Credit Manager at HSBC Group India.

Which similar companies are paying more than HSBC Group to a Credit Manager in India?

American Express Credit Manager Salary - ₹15.7 Lakhs to ₹35.0 Lakhs per year
State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
Wells Fargo Credit Manager Salary - ₹7.7 Lakhs to ₹25.0 Lakhs per year
Citicorp Credit Manager Salary - ₹7.0 Lakhs to ₹27.9 Lakhs per year
Standard Chartered Credit Manager Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to HSBC Group in India?

ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.1 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.8 Lakhs per year
Yes Bank Credit Manager Salary - ₹4.5 Lakhs to ₹14.9 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.3 Lakhs per year

What is the estimated take home salary of a Credit Manager at HSBC Group in India?

The estimated take-home salary of a Credit Manager at HSBC Group ranges between ₹76,930 per month to ₹78,926 per month in India. The take-home salary calculation is based on the average HSBC Group Credit Manager salary in India which ranges between ₹4.6 Lakhs to ₹17.6 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at HSBC Group?

According to AmbitionBox, 69% of the HSBC Group Credit Managers reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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HSBC Group Credit Manager Salaries

HSBC Group Credit Manager salary in India ranges between ₹4.6 Lakhs to ₹17.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 HSBC Group latest salaries received from various employees of HSBC Group.