ICICI Bank Mumbai Branch Credit Manager Salaries by 70+ Employees (Updated 2025)

1 - 9 years exp.

₹4 Lakhs - ₹12 Lakhs

Avg. annual salary

Monthly In-hand Salary

32% more than the average Branch Credit Manager Salary in Banking Companies for 1 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Branch Credit Manager Salary 1 - 9 years exp. (31 salaries)	₹4 L/yr - ₹9 L/yr
Finance & Accounting Branch Credit Manager Salary 1 - 8 years exp. (29 salaries)	₹4 L/yr - ₹12 L/yr
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Risk Management & Compliance Branch Credit Manager Salary 1 - 4 years exp. (4 salaries)	₹8 L/yr - ₹11 L/yr

Last Updated: 8 Mar 2025

Companies similar to ICICI Bank for Branch Credit Manager in Mumbai

ICICI Bank Branch Credit Manager Salary

1 - 9 years exp. (79 salaries)

₹4 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Branch Credit Manager Salary 4 - 9 years exp. (6 salaries)	₹4 L/yr - ₹6.6 L/yr 32% less
Kotak Mahindra Bank Branch Credit Manager Salary 1 - 4 years exp. (5 salaries)	₹7 L/yr - ₹9.5 L/yr 1% more
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Piramal Capital Housing Finance Branch Credit Manager Salary 2 - 11 years exp. (62 salaries)	₹3 L/yr - ₹8.9 L/yr 23% less
HDB Financial Services Branch Credit Manager Salary 0 - 13 years exp. (48 salaries)	₹3.2 L/yr - ₹7 L/yr 34% less	7 job openings
PNB Housing Finance Branch Credit Manager Salary 2 - 10 years exp. (31 salaries)	₹6 L/yr - ₹12 L/yr 8% more	2 job openings

Branch Credit Manager salary at ICICI Bank ranges between ₹4 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 79 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Branch Credit Manager in Mumbai

1mo ago

₹11 Lakhs

3 years exp.

2mo ago

₹7.8 Lakhs

6 years exp.

5mo ago

₹7 Lakhs

2 years exp.

6mo ago

₹6.2 Lakhs

4 years exp.

9mo ago

₹5.2 Lakhs

9 years exp.

1y ago

3 years exp.

1y ago

2 years exp.

1y ago

3 years exp.

1y ago

8 years exp.

1y ago

8 years exp.

Experience wise ICICI Bank Branch Credit Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
1 year (9 salaries)	₹4 L/yr - ₹10 L/yr
2 years (20 salaries)	₹4 L/yr - ₹8.6 L/yr
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3 years (21 salaries)	₹4 L/yr - ₹12 L/yr
4 years (9 salaries)	₹5 L/yr - ₹10 L/yr
5 years (8 salaries)	₹4.7 L/yr - ₹12 L/yr
6 years (4 salaries)	₹4 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
8 years (5 salaries)	₹5 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr

View all

From

Branch Credit Manager

₹

Lakhs/yr

1 - 9 years exp.

Zonal Head Credit

₹

Lakhs/yr

17 - 19 years exp.

Branch Credit Manager

1 - 9 years exp.

Regional Credit Manager

3 - 14 years exp.

102% hike

Zonal Credit Manager

6 - 18 years exp.

38% hike

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 ICICI Bank

Chief Manager Salary

(980 salaries)

₹13.7 L/yr - ₹39 L/yr

Credit Manager Salary

(562 salaries)

₹4 L/yr - ₹17.41 L/yr

Branch Manager Salary

(227 salaries)

₹6 L/yr - ₹24.96 L/yr

Regional Credit Manager Salary

(68 salaries)

₹7 L/yr - ₹23 L/yr

Area Credit Manager Salary

(40 salaries)

₹7.8 L/yr - ₹19 L/yr

Zonal Credit Manager Salary

(33 salaries)

₹12 L/yr - ₹36 L/yr

Deputy Credit Manager Salary

(13 salaries)

₹4.8 L/yr - ₹9 L/yr

Senior Credit Officer Salary

(3 salaries)

₹2.8 L/yr - ₹3 L/yr

Top skills at ICICI Bank for Branch Credit Manager

Credit Management Disbursement Finance Credit Underwriting Sanction CPA Credit Analysis Legal Cases

Salary related reviews for ICICI Bank

2.4

Rated by 8 employees for salary & benefits

Branch Credit Manager in Dehradun

Full Time

Finance & Accounting Department

2.0

• posted on 30 May 2022

2.0

for Salary and Benefits

Likes

Job security is excellent. Standard set of policy.

Skill development - Good

+1 more

Dislikes

Poor work life balance and pay. Packages are below par and people here screw you with work pressure. Late night sitting is very common in this company.

Salary - Poor

+1 more

Branch Credit Manager in Bangalore / Bengaluru

Credit mangaer. Department

3.0

• posted on 27 Dec 2021

1.0

for Salary and Benefits

Likes

...loyees are very friendly but the problem with working hours is high and Carrie growth is very low and salary hike is very low

Dislikes

salary is very less and working hours is very long since morning 9 AM to evening 9PM.

Salary - Bad

+4 more

Branch Credit Manager in Ratlam

Agri Credit Department

4.0

• posted on 16 Feb 2021

4.0

for Salary and Benefits

Likes

Company is very greatful during lockdown with their employee no salary cut and develop new changes for sing in and work from home culture and working with one of largest bank is really good and great learning get as Credit Manager.

Salary - Good

+5 more

Dislikes

There are little tough to manage work life balance during month end.

Branch Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Mar 2025

2.0

for Salary and Benefits

Likes

Very focused on Skill development, no boss management culture, lots of data oriented actionable taken, very tech savvy and technology oriented, Strong HR policies.

Skill development - Good

+1 more

Dislikes

...gement. Decision made only upon statistical reference instead of ground reality. Very poor compensation policy, no incentive or rating culture. Man marking, staff usages, proper staff onboarding, training and monitoring are missing. Depth not there to generate more business, thus missing out market share in most of the non metro or semi urban location.

Salary - Poor

+1 more

Branch Manager in Macherla

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 20 Feb 2025

4.0

for Salary and Benefits

Likes

Good to work on icici

Salary - Good

+3 more

Dislikes

...and audit teams are involving the branches and wrong potrait to super officials. Low level lady staff are working for only salary not for organisation. They will escalate the small things to HR also.

see more salary related reviews

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What people are saying about ICICI Bank

View All

tendervada

1w (edited)

currently not working

Need suggetion please 🙏

I have a new job in ICICI Bank for Branch Banking as a Relationship Manager, but my friend, who is also in the same bank, told me not to join Branch Banking as a Relationship Manager because the sales targets are too high and the work culture is too toxic. He suggested I transfer to Corporate Banking." Please give me suggetion?

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ICICI Bank Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at ICICI Bank in Mumbai?

The average salary of a Branch Credit Manager at ICICI Bank in Mumbai typically ranges from ₹4.0 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Branch Credit Manager in Mumbai at ICICI Bank earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Branch Credit Manager Salaries at ICICI 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 70+ ICICI Bank employees in India.

What is the estimated take home salary of a Branch Credit Manager at ICICI Bank in Mumbai?

The estimated take-home salary of a Branch Credit Manager at ICICI Bank in Mumbai typically ranges from ₹58,553 to ₹60,029 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 70+ salaries received from various employees of ICICI Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Credit Manager at ICICI Bank in Mumbai?

To be a Branch Credit Manager at ICICI Bank in Mumbai, the key skills required include:

- Credit Management
- Disbursement
- Finance
- Credit Underwriting
- Sanction

These skills are highly valued at ICICI Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICICI Bank for Branch Credit Manager in India?

PNB Housing Finance	₹6.0 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank	₹7.0 Lakhs to ₹9.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Bank, depending on the role and experience level.

What is the salary of a Branch Credit Manager in companies similar to ICICI Bank in Mumbai?

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

Piramal Capital Housing Finance	₹3.0 Lakhs to ₹8.9 Lakhs per year
IndusInd Bank	₹4.0 Lakhs to ₹6.6 Lakhs per year
HDB Financial Services	₹3.2 Lakhs to ₹7.0 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 Branch Credit Manager at ICICI Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹4.0 Lakhs to ₹10.0 Lakhs per year
2 years	₹4.0 Lakhs to ₹8.6 Lakhs per year
3 years	₹4.0 Lakhs to ₹12.0 Lakhs per year
4 years	₹5.0 Lakhs to ₹10.0 Lakhs per year

and so on.

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ICICI Bank Branch Credit Manager Salaries in Mumbai

ICICI Bank Branch Credit Manager salary in Mumbai ranges between ₹4 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 79 ICICI Bank latest salaries received from various employees of ICICI Bank.