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ICICI Bank Credit Manager salaries in Chennai (Updated 2025)

Annual salary range
0 - 11 years exp.
₹3.8 Lakhs - ₹15 Lakhs
Salary of majority employees
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Fixed (88%)
₹8.1 Lakhs
Variable (12%)
₹1.1 Lakh
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10% more than the average Credit Manager Salary in Banking Companies for 0 - 11 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
0 - 11 years exp. (61 salaries)
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₹3.8 L/yr - ₹13.6 L/yr

Finance & Accounting
Credit Manager Salary
0 - 10 years exp. (60 salaries)
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₹4.2 L/yr - ₹15 L/yr

Risk Management & Compliance
Credit Manager Salary
1 - 10 years exp. (12 salaries)
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₹4.4 L/yr - ₹13.6 L/yr

Last Updated: 23 Mar 2025

Companies similar to ICICI Bank for Credit Manager in Chennai

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ICICI Bank Credit Manager Salary

0 - 11 years exp. (173 salaries)

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₹3.8 L/yr - ₹15 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Manager Salary

0 - 11 years exp. (167 salaries)

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₹3.5 L/yr - ₹13 L/yr

arrow icon 10% less
12 job openings
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Yes Bank Credit Manager Salary

1 - 11 years exp. (55 salaries)

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₹3 L/yr - ₹11.1 L/yr

arrow icon 19% less
1 job opening
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Axis Bank Credit Manager Salary

0 - 12 years exp. (47 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 1% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 9 years exp. (36 salaries)

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₹4 L/yr - ₹12.6 L/yr

At par
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IDFC FIRST Bank Credit Manager Salary

1 - 10 years exp. (33 salaries)

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₹3.5 L/yr - ₹12 L/yr

arrow icon 17% less
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Barclays Credit Manager Salary

6 - 11 years exp. (27 salaries)

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₹13.1 L/yr - ₹26 L/yr

arrow icon 116% more
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₹3 L/yr - ₹9.3 L/yr

arrow icon 44% less
8 job openings
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IndusInd Bank Credit Manager Salary

3 - 12 years exp. (18 salaries)

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₹3.5 L/yr - ₹13.6 L/yr

arrow icon 14% less
1 job opening
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Jana Small Finance Bank Credit Manager Salary

4 - 11 years exp. (14 salaries)

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₹3.5 L/yr - ₹6.6 L/yr

arrow icon 44% less
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State Bank of India Credit Manager Salary

6 - 13 years exp. (8 salaries)

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₹13 L/yr - ₹32 L/yr

arrow icon 134% more
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DBS Bank Credit Manager Salary

5 - 11 years exp. (5 salaries)

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₹7.5 L/yr - ₹18.7 L/yr

arrow icon 62% more
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Bank of Baroda Credit Manager Salary

5 - 12 years exp. (4 salaries)

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₹12 L/yr - ₹18.4 L/yr

arrow icon 85% more
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₹4.2 L/yr - ₹5.6 L/yr

arrow icon 45% less
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Punjab National Bank Credit Manager Salary

6 - 8 years exp. (3 salaries)

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₹9 L/yr - ₹16 L/yr

arrow icon 74% more
Credit Manager salary at ICICI Bank ranges between ₹3.8 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 173 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Credit Manager in Chennai

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Experience wise ICICI Bank Credit Manager salaries in Chennai

Last Updated: 23 Mar 2025

Experience Avg Annual Salary
Fresher  (20 salaries)

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₹4 L/yr - ₹12.6 L/yr
1 year  (43 salaries)

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₹4 L/yr - ₹15 L/yr
2 years  (33 salaries)

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₹3.8 L/yr - ₹12 L/yr
3 years  (13 salaries)

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₹3.9 L/yr - ₹12 L/yr
4 years  (13 salaries)

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₹3.9 L/yr - ₹10.8 L/yr
View all
ICICI Bank Credit Manager Salary and Career Growth

From

To

Credit Manager

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0 - 11 years exp.

Zonal Head Credit

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17 - 19 years exp.

Credit Manager

0 - 11 years exp.
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Regional Credit Manager

3 - 13 years exp.
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arrow icon 60% hike

Zonal Credit Manager

6 - 18 years exp.
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arrow icon 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

Deputy Manager Salary
(1k salaries)
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₹3 L/yr - ₹10.4 L/yr
Branch Manager Salary
(211 salaries)
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₹5.72 L/yr - ₹21.22 L/yr
Chief Manager Salary
(57 salaries)
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₹10.15 L/yr - ₹35 L/yr
Sales Manager Salary
(38 salaries)
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₹3 L/yr - ₹11 L/yr
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₹6.51 L/yr - ₹18 L/yr
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₹4.5 L/yr - ₹10.45 L/yr
Credit Analyst Salary
(24 salaries)
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₹5.65 L/yr - ₹13.5 L/yr
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₹12 L/yr - ₹25 L/yr
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₹4.7 L/yr - ₹8 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

3.7

Rated by 25 employees for salary & benefits

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

read more
  • 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

read more
  • Work-life balance - Bad

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.

read more
  • Salary - Good
  • +3 more

Dislikes

No work from home option, work pressure with unrealistic targets

  • Work-life balance - Poor

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

read more
  • Salary - Poor
  • +5 more

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

read more
  • 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.

read more

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

read more
  • 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

read more
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ICICI Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at ICICI Bank in Chennai?
The average salary of a Credit Manager at ICICI Bank in Chennai typically ranges from ₹3.8 Lakhs to ₹15.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Credit Manager in Chennai at ICICI Bank earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹13.9 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 100+ ICICI Bank employees in India.
What is the estimated take home salary of a Credit Manager at ICICI Bank in Chennai?
The estimated take-home salary of a Credit Manager at ICICI Bank in Chennai typically ranges from ₹66,923 to ₹68,636 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹15.0 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 100+ 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 in Chennai?
To be a Credit Manager at ICICI Bank in Chennai, 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?
State Bank of India ₹13.0 Lakhs to ₹32.0 Lakhs per year
Barclays ₹13.1 Lakhs to ₹26.0 Lakhs per year
Bank of Baroda ₹12.0 Lakhs to ₹18.4 Lakhs per year
Punjab National Bank ₹9.0 Lakhs to ₹16.0 Lakhs per year
DBS Bank ₹7.5 Lakhs to ₹18.7 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 Chennai?
The salary of a Credit Manager at companies similar to ICICI Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹4.0 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Bank ₹4.0 Lakhs to ₹12.6 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank ₹3.5 Lakhs to ₹13.6 Lakhs per year
IDFC FIRST Bank ₹3.5 Lakhs to ₹12.0 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 Chennai?
The salary growth for a Credit Manager at ICICI Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Chennai can expect the following growth trajectory at ICICI Bank:

Experience Average Salary Range
Fresher ₹4.0 Lakhs to ₹12.6 Lakhs per year
1 year ₹4.0 Lakhs to ₹15.0 Lakhs per year
2 years ₹3.8 Lakhs to ₹12.0 Lakhs per year
3 years ₹3.9 Lakhs to ₹12.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Bank Credit Manager salary in Chennai ranges between ₹3.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 173 ICICI Bank latest salaries received from various employees of ICICI Bank.