ICICI Bank Credit Manager Salaries by 3200+ Employees (Updated 2025)

0 - 11 years exp.

₹4.3 Lakhs - ₹17.5 Lakhs

Salary of majority employees

28% more than the average Credit Manager Salary in Banking Companies for 0 - 11 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 11 years exp. (1.4k salaries)	₹4.8 L/yr - ₹17.4 L/yr
BFSI, Investments & Trading Credit Manager Salary 0 - 11 years exp. (767 salaries)	₹4 L/yr - ₹13.6 L/yr
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Risk Management & Compliance Credit Manager Salary 0 - 11 years exp. (165 salaries)	₹4.9 L/yr - ₹17.5 L/yr

Last Updated: 30 Mar 2025

Companies similar to ICICI Bank for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹15 L/yr 15% less	12 job openings
Kotak Mahindra Bank Credit Manager Salary 0 - 10 years exp. (1k salaries)	₹3.8 L/yr - ₹15 L/yr 9% less
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Axis Bank Credit Manager Salary 0 - 12 years exp. (826 salaries)	₹4 L/yr - ₹14.8 L/yr 13% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (822 salaries)	₹3 L/yr - ₹13.5 L/yr 22% less
AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (525 salaries)	₹2.4 L/yr - ₹11 L/yr 40% less
Yes Bank Credit Manager Salary 1 - 12 years exp. (374 salaries)	₹4.2 L/yr - ₹16.2 L/yr 7% less	1 job opening
Bandhan Bank Credit Manager Salary 0 - 14 years exp. (305 salaries)	₹2.6 L/yr - ₹10.8 L/yr 37% less
Utkarsh Small Finance Bank Credit Manager Salary 1 - 10 years exp. (277 salaries)	₹2 L/yr - ₹8.6 L/yr 52% less	2 job openings
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (210 salaries)	₹3.4 L/yr - ₹13.1 L/yr 20% less	9 job openings
Bank of Baroda Credit Manager Salary 4 - 13 years exp. (209 salaries)	₹7 L/yr - ₹24 L/yr 71% more

View all

Credit Manager salary at ICICI Bank ranges between ₹4.3 Lakhs to ₹17.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 3.3k latest salaries received from various employees of ICICI Bank.

Experience wise ICICI Bank Credit Manager salaries

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
Fresher (555 salaries)	₹4.1 L/yr - ₹14.5 L/yr
1 year (657 salaries)	₹4.2 L/yr - ₹16.5 L/yr
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2 years (638 salaries)	₹4 L/yr - ₹17.1 L/yr
3 years (456 salaries)	₹4 L/yr - ₹16 L/yr
4 years (291 salaries)	₹4.2 L/yr - ₹17 L/yr
5 years (277 salaries)	₹4.1 L/yr - ₹17.5 L/yr
6 years (165 salaries)	₹4.3 L/yr - ₹16 L/yr
7 years (80 salaries)	₹4.8 L/yr - ₹17 L/yr
8 years (84 salaries)	₹4.1 L/yr - ₹16 L/yr
9 years (46 salaries)	₹6 L/yr - ₹13.7 L/yr
10 years (15 salaries)	₹7.7 L/yr - ₹16.5 L/yr
11 years (10 salaries)	₹7.5 L/yr - ₹16 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

0 - 11 years exp.

Zonal Head Credit

₹

Lakhs/yr

17 - 19 years exp.

Credit Manager

0 - 11 years exp.

Regional Credit Manager

3 - 13 years exp.

59% hike

Zonal Credit Manager

6 - 18 years exp.

36% 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

Credit Officer Salary

(118 salaries)

₹1.2 L/yr - ₹4.7 L/yr

Area Credit Manager Salary

(366 salaries)

₹5.4 L/yr - ₹19.4 L/yr

Branch Manager Salary

(2.3k salaries)

₹5.39 L/yr - ₹23 L/yr

Deputy Manager Salary

(15.5k salaries)

₹2 L/yr - ₹11 L/yr

Chief Manager Salary

(2.2k salaries)

₹13 L/yr - ₹39 L/yr

Credit Analyst Salary

(374 salaries)

₹5.3 L/yr - ₹18.94 L/yr

Zonal Credit Manager Salary

(326 salaries)

₹10.8 L/yr - ₹36 L/yr

Sales Manager Salary

(592 salaries)

₹2 L/yr - ₹11 L/yr

Branch Credit Manager Salary

(372 salaries)

₹3.4 L/yr - ₹13 L/yr

Deputy Credit Manager Salary

(43 salaries)

₹4.05 L/yr - ₹10.23 L/yr

Top skills at ICICI Bank for Credit Manager

Credit Underwriting Credit Appraisal Credit Management Credit Assessment Credit Analysis Disbursement Credit Finance Financial Analysis Working Capital Credit Risk Analysis Sanction Ca Management Credit Analysis

Salary related reviews for ICICI Bank

3.6

Rated by 567 employees for salary & benefits

Credit Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 02 Nov 2024

5.0

for Salary and Benefits

Likes

Appraisal is fixed in every 3 year, salary increment is fixed, good bonus, good HR policy

Salary - Excellent

+3 more

Dislikes

You will have to do multiple work at a time, office time is very strict for coming but not for going. You will be threatened multiple times for sending back you to HR, or getting warning mails and memos which make the job security very low for the organisation No work life balance good if you are bachler or not married

Work-life balance - Bad

Credit Manager in Ambattur

Full Time

Risk Management & Compliance Department

4.0

• posted on 16 Jun 2024

4.0

for Salary and Benefits

Likes

...ing experience (both good and bad ofcourse which is part of any job or company). Good place to start a career in banking with decent package as a fresher.

Salary - Good

+3 more

Dislikes

No work from home option, work pressure with unrealistic targets

Work-life balance - Poor

Credit Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 May 2024

2.0

for Salary and Benefits

Likes

Salary package

Dislikes

No work life balance , appraisals purely on sole discretion of Team leaders ,HR is only for name and for papers to show outer world . Complied to work even on public holidays . This is specifically for Noida zone , other locations may have different scenarios

Salary - Poor

+5 more

Credit Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Oct 2023

4.0

for Salary and Benefits

Likes

Best HR policy among all banks. High job security. Best bonus and good salary. 30 days only notice period. Decent work culture

Salary - Good

+3 more

Dislikes

Too much expectations from credit department. Too much responsibilities on credit department. Multi product culture. Means credit manager has to underwrite multiple product and give best TAT in all. Fast paced and unsettled environment. Low conveyance rate.

Credit Manager in Dehradun

Full Time

Human Resources Department

5.0

• posted on 13 Nov 2022

4.0

for Salary and Benefits

Likes

Great working atmosphere good team environment off course pressure is everywhere especially when it comes to Private organisations but stil after spending more than 5 years with this great organisation i must say you will never find a strong HR binding brand and employee friendly culture anywhere else

Salary - Good

+6 more

Dislikes

nothing much but being with this organisation at very early age i think salary and financial stability is the only thing i would prefer above all

see more salary related reviews

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What people are saying about ICICI Bank

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tendervada

2d (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 Credit Manager Salary FAQs

What is the salary of Credit Manager at ICICI Bank ?

The average salary of a Credit Manager at ICICI Bank in India typically ranges from ₹4.3 Lakhs to ₹17.5 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Credit Manager at ICICI Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹15.4 Lakhs per year. 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 3200+ ICICI Bank employees in India.

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

The estimated take-home salary of a Credit Manager at ICICI Bank in India typically ranges from ₹72,431 to ₹74,299 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹17.5 Lakhs per year for employees with experience ranging from Fresher to 11 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 3200+ 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 Credit Manager at ICICI Bank ?

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

- Credit Underwriting
- Credit Appraisal
- Credit Management
- Credit Assessment
- Credit Analysis

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 Credit Manager in India?

Deutsche Bank	₹21.0 Lakhs to ₹28.0 Lakhs per year
State Bank of India	₹10.0 Lakhs to ₹32.0 Lakhs per year
Barclays	₹8.0 Lakhs to ₹27.0 Lakhs per year
Canara Bank	₹11.1 Lakhs to ₹26.0 Lakhs per year
Bank of Baroda	₹7.0 Lakhs to ₹24.0 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 Credit Manager in companies similar to ICICI Bank in India?

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

Punjab National Bank	₹8.0 Lakhs to ₹22.0 Lakhs per year
Union Bank of India	₹6.6 Lakhs to ₹20.0 Lakhs per year
DBS Bank	₹7.5 Lakhs to ₹26.2 Lakhs per year
Sberbank Branch in India	₹13.5 Lakhs to ₹14.0 Lakhs per year
Standard Chartered	₹7.1 Lakhs to ₹22.0 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 Credit Manager at ICICI Bank in India?

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

Experience	Average Salary Range
Fresher	₹4.1 Lakhs to ₹14.5 Lakhs per year
1 year	₹4.2 Lakhs to ₹16.5 Lakhs per year
2 years	₹4.0 Lakhs to ₹17.1 Lakhs per year
3 years	₹4.0 Lakhs to ₹16.0 Lakhs per year

and so on.

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ICICI Bank Credit Manager Salaries by Location

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ICICI Bank Credit Manager Salaries

ICICI Bank Credit Manager salary in India ranges between ₹4.3 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3.3k ICICI Bank latest salaries received from various employees of ICICI Bank.

ICICI Bank Credit Manager salaries in India (Updated 2025)

Companies similar to ICICI Bank for Credit Manager

Latest annual salaries shared by ICICI Bank Credit Manager

Experience wise ICICI Bank Credit Manager salaries

Similar Designation salaries in ICICI Bank

Top skills at ICICI Bank for Credit Manager

Salary related reviews for ICICI Bank

Credit Manager in Bhopal

Credit Manager in Ambattur

Credit Manager in New Delhi

Credit Manager in Bhopal

Credit Manager in Dehradun

ICICI Bank Credit Manager Salary FAQs

Tell us how to improve this page.

ICICI Bank Credit Manager Salaries by Location