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ICICI Bank Credit Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 11 years exp.
₹4 Lakhs - ₹16.5 Lakhs
Salary of majority employees
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Fixed (87%)
₹8.6 Lakhs
Variable (13%)
₹1.3 Lakh
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22% 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. (247 salaries)
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₹4.5 L/yr - ₹15.4 L/yr

BFSI, Investments & Trading
Credit Manager Salary
0 - 9 years exp. (152 salaries)
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₹4.1 L/yr - ₹16.5 L/yr

Risk Management & Compliance
Credit Manager Salary
0 - 10 years exp. (37 salaries)
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₹5 L/yr - ₹13.3 L/yr

Last Updated: 26 Feb 2025

Companies similar to ICICI Bank for Credit Manager in Mumbai

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ICICI Bank Credit Manager Salary

0 - 11 years exp. (564 salaries)

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₹4 L/yr - ₹16.5 L/yr

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

0 - 11 years exp. (451 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 6% less
7 job openings
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Axis Bank Credit Manager Salary

0 - 12 years exp. (147 salaries)

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₹4 L/yr - ₹15.3 L/yr

arrow icon 7% less
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (240 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 16% less
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State Bank of India Credit Manager Salary

12 - 14 years exp. (6 salaries)

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₹12 L/yr - ₹27 L/yr

arrow icon 83% more
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (214 salaries)

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₹4.1 L/yr - ₹12.2 L/yr

arrow icon 17% less
1 job opening
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (34 salaries)

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₹3.6 L/yr - ₹11.4 L/yr

arrow icon 26% less
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Federal Bank Credit Manager Salary

2 - 12 years exp. (33 salaries)

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₹11 L/yr - ₹20 L/yr

arrow icon 58% more
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Yes Bank Credit Manager Salary

0 - 9 years exp. (75 salaries)

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₹4.6 L/yr - ₹14 L/yr

arrow icon 14% less
1 job opening
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RBL Bank Credit Manager Salary

2 - 11 years exp. (27 salaries)

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₹3 L/yr - ₹11.7 L/yr

arrow icon 30% less
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Standard Chartered Credit Manager Salary

5 - 12 years exp. (5 salaries)

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₹11 L/yr - ₹15.4 L/yr

arrow icon 36% more
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Credit Manager salary at ICICI Bank ranges between ₹4 Lakhs to ₹16.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 564 latest salaries received from various employees of ICICI Bank.

Latest annual salaries shared by ICICI Bank Credit Manager in Mumbai

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Experience wise ICICI Bank Credit Manager salaries in Mumbai

Last Updated: 26 Feb 2025

Experience Avg Annual Salary
Fresher  (62 salaries)

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₹4 L/yr - ₹11 L/yr
1 year  (136 salaries)

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₹4 L/yr - ₹12.5 L/yr
2 years  (133 salaries)

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₹4 L/yr - ₹16.5 L/yr
3 years  (84 salaries)

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₹4.1 L/yr - ₹16 L/yr
4 years  (46 salaries)

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₹4.9 L/yr - ₹15 L/yr
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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 - 20 years exp.

Credit Manager 0 - 11 years exp.
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Regional Credit Manager 5 - 13 years exp.
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arrow icon 66% hike
Zonal Credit Manager 6 - 17 years exp.
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arrow icon 33% hike

View more

Similar Designation salaries in ICICI Bank

Deputy Manager Salary
(3.6k salaries)
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₹2 L/yr - ₹10.55 L/yr
Chief Manager Salary
(961 salaries)
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₹13.7 L/yr - ₹37 L/yr
Branch Manager Salary
(225 salaries)
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₹6 L/yr - ₹26 L/yr
Credit Analyst Salary
(110 salaries)
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₹5.25 L/yr - ₹20 L/yr
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₹4 L/yr - ₹12 L/yr
Sales Manager Salary
(54 salaries)
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₹2 L/yr - ₹11 L/yr
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₹7.88 L/yr - ₹19 L/yr
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₹12 L/yr - ₹30 L/yr
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₹4.8 L/yr - ₹9 L/yr
Credit Officer Salary
(13 salaries)
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₹2.5 L/yr - ₹4.5 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 45 employees for salary & benefits

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Jan 2022

2.0
 for  Salary and Benefits

Likes

Just brand name and their is no other thing to like about it

Dislikes

...s weekend working and no payment or comp off for that 7. Growth is very slow 8. Less salary package compare to other banks 9. Being credit manager your being forced to sell the financial products 10. On the job training is not given 11. Attrition level is very high in every department 12.Mumbai Zonal credit manager is good for nothing 13 No monthly meetings with HR overall worst place to work . Better to work in KPO/BPO

read more
  • Salary - Poor
  • +5 more

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
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ICICI Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at ICICI Bank Mumbai?
Credit Manager salary at ICICI Bank in Mumbai ranges between ₹4.0 Lakhs to ₹16.5 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 22% more than the average Credit Manager Salary in India. Salary estimates are based on 564 latest salaries received from various employees of ICICI Bank Mumbai.
How does the salary of a Credit Manager at ICICI Bank Mumbai compare with the average salary range for this job?
The average salary of a Credit Manager at ICICI Bank is 22% more than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Credit Manager at ICICI Bank?
Credit Underwriting, Credit Appraisal, Credit Management, Credit Assessment and Credit Analysis are some of the popular skills required to work as a Credit Manager at ICICI Bank Mumbai.
Which similar companies are paying more than ICICI Bank to a Credit Manager in Mumbai?
  • Canara Bank Credit Manager Salary - ₹13.0 Lakhs to ₹19.3 Lakhs per year
  • State Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
  • DBS Bank Credit Manager Salary - ₹14.1 Lakhs to ₹30.0 Lakhs per year
  • Bank of Baroda Credit Manager Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year
  • Punjab National Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to ICICI Bank in Mumbai?
  • Federal Bank Credit Manager Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year
  • Union Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹19.0 Lakhs per year
  • Standard Chartered Credit Manager Salary - ₹11.0 Lakhs to ₹15.4 Lakhs per year
  • Bank of India Credit Manager Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year
  • Shinhan Bank Credit Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year
What is the estimated take home salary of a Credit Manager at ICICI Bank in Mumbai?
The estimated take-home salary of a Credit Manager at ICICI Bank ranges between ₹71,716 per month to ₹73,565 per month in Mumbai. The take-home salary calculation is based on the average ICICI Bank Credit Manager salary in India which ranges between ₹4.0 Lakhs to ₹16.5 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at ICICI Bank in Mumbai?
According to AmbitionBox, 88% of the ICICI Bank Credit Managers in Mumbai reported a notice period of 1 Month, 6% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 265 responses on AmbitionBox in last 2 years.

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ICICI Bank Credit Manager salary in Mumbai ranges between ₹4 Lakhs to ₹16.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 564 ICICI Bank latest salaries received from various employees of ICICI Bank.