IDBI Bank Mumbai Credit Manager Salaries by 10+ Employees (Updated 2025)

2 - 17 years exp.

₹12 Lakhs - ₹28.9 Lakhs

Salary of majority employees

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138% more than the average Credit Manager Salary in Banking Companies for 2 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 7 - 17 years exp. (6 salaries)	Unlock ₹15 L/yr - ₹28.9 L/yr
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Finance & Accounting Credit Manager Salary 7 - 9 years exp. (3 salaries)	Unlock ₹12 L/yr - ₹24 L/yr

Last Updated: 25 Feb 2025

Companies similar to IDBI Bank for Credit Manager in Mumbai

IDBI Bank Credit Manager Salary

2 - 17 years exp. (13 salaries)

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₹12 L/yr - ₹28.9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (451 salaries)	Unlock ₹4 L/yr - ₹15 L/yr 52% less	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (560 salaries)	Unlock ₹4 L/yr - ₹17.4 L/yr 49% less
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Axis Bank Credit Manager Salary 0 - 12 years exp. (148 salaries)	Unlock ₹4 L/yr - ₹15.3 L/yr 52% less
State Bank of India Credit Manager Salary 12 - 14 years exp. (6 salaries)	Unlock ₹12 L/yr - ₹27 L/yr 2% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (237 salaries)	Unlock ₹3.7 L/yr - ₹13 L/yr 57% less
Yes Bank Credit Manager Salary 0 - 10 years exp. (75 salaries)	Unlock ₹4.6 L/yr - ₹14 L/yr 57% less	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (35 salaries)	Unlock ₹3.6 L/yr - ₹11 L/yr 62% less	1 job opening
RBL Bank Credit Manager Salary 2 - 11 years exp. (27 salaries)	Unlock ₹3 L/yr - ₹11.7 L/yr 64% less
Federal Bank Credit Manager Salary 2 - 12 years exp. (33 salaries)	Unlock ₹11 L/yr - ₹20 L/yr 19% less
Punjab National Bank Credit Manager Salary 4 - 9 years exp. (13 salaries)	Unlock ₹10 L/yr - ₹20 L/yr 17% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (211 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 60% less
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AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (36 salaries)	Unlock ₹4.1 L/yr - ₹10 L/yr 66% less
Bank of Baroda Credit Manager Salary 4 - 12 years exp. (26 salaries)	Unlock ₹8 L/yr - ₹19 L/yr 12% less
Jana Small Finance Bank Credit Manager Salary 2 - 10 years exp. (9 salaries)	Unlock ₹2.4 L/yr - ₹9 L/yr 69% less
Bank of India Credit Manager Salary 5 - 9 years exp. (7 salaries)	Unlock ₹9 L/yr - ₹18 L/yr 30% less
Central Bank of India Credit Manager Salary 2 - 7 years exp. (5 salaries)	Unlock ₹11.4 L/yr - ₹16 L/yr 28% less
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	Unlock ₹11 L/yr - ₹15.4 L/yr 30% less
Canara Bank Credit Manager Salary 7 - 12 years exp. (4 salaries)	Unlock ₹13 L/yr - ₹19.4 L/yr 4% less
Equitas Small Finance Bank Credit Manager Salary 6 - 10 years exp. (4 salaries)	Unlock ₹5.4 L/yr - ₹11.6 L/yr 66% less
Union Bank of India Credit Manager Salary 6 - 11 years exp. (4 salaries)	Unlock ₹10 L/yr - ₹19 L/yr 20% less

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Credit Manager salary at IDBI Bank ranges between ₹12 Lakhs to ₹28.9 Lakhs per year for employees with experience between 2 years to 17 years. Salary estimates are based on 13 latest salaries received from various employees of IDBI Bank.

Latest annual salaries shared by IDBI Bank Credit Manager in Mumbai

2w ago

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17 years exp.

7mo ago

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3 years exp.

9mo ago

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16 years exp.

11mo ago

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3 years exp.

11mo ago

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8 years exp.

1y ago

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7 years exp.

1y ago

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17 years exp.

1y ago

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2 years exp.

1y ago

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13 years exp.

1y ago

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7 years exp.

Experience wise IDBI Bank Credit Manager salaries in Mumbai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹26.8 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹16 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹14.5 L/yr - ₹18.5 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹15 L/yr - ₹19.2 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹15.6 L/yr - ₹19.9 L/yr
7 years (4 salaries)	Unlock ₹12 L/yr - ₹20 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹18 L/yr - ₹33.3 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹14 L/yr - ₹34.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹17.7 L/yr - ₹22.7 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹18.3 L/yr - ₹23.4 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹18.8 L/yr - ₹24.1 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹8.6 L/yr - ₹22 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹19.9 L/yr - ₹25.5 L/yr
15+ years (3 salaries)	Unlock ₹20 L/yr - ₹28.9 L/yr

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Similar Designation salaries in IDBI Bank

Credit Analyst Salary

(10 salaries)

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₹17.25 L/yr - ₹28 L/yr

Branch Manager Salary

(6 salaries)

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₹12 L/yr - ₹32 L/yr

Salary related reviews for IDBI Bank

4.5

Rated by 2 employees for salary & benefits

Credit Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 07 Apr 2023

4.0

for Salary and Benefits

Likes

Salary is good at initial levels. Job Security. Work Pressure is manageable. When required one can avail leaves without much hassle. Other off the Salary Slip component is good.

Salary - Good

+1 more

Dislikes

Methodology for assessing the Variable Pay is area where improvement is required. Policy wise the bank is conservative but management has it own take on it. But this makes the bank less competitive.

Promotions - Poor

Credit Manager in Pune

Full Time

Finance & Accounting Department

4.0

• posted on 13 Aug 2022

5.0

for Salary and Benefits

Likes

...portunity to learn depending on your open minded attitude for new learnings. 2. Good pay master as per Industry Standards.

Salary - Excellent

+1 more

Dislikes

1. Promotion policy is traditional and non transperent. 2. Transfer policy is not transperent. You may be transferred without any consent anytime and anywhere. 3. Work experience not given weightage and may be posted anywhere without matching your skill sets.

Promotions - Poor

Credit Manager in Indore

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 13 Oct 2018

4.0

for Salary and Benefits

Likes

Almost everything was excellent during the era when I have joined this esteemed organization. But now its like working in an organization called bank having third party insurance product only.

Salary - Good

+2 more

Dislikes

... bank. Gross salary is apparently higher, but net salary is bow par in industry. Salary structure is quite rediculous where you end up paying highest possible tax.

Skill development - Poor

+3 more

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Sep 2023

4.0

for Salary and Benefits

Likes

Salary & employees monetary benefits due to IBA membership

Salary - Good

Dislikes

Unfair promotions practice, Impotent Supervisors in Retail Banking, Egoistic people in Mid Management, God Father culture, No career growth, Non posting of required employees in branches etc.,

Skill development - Bad

+5 more

Credit Analyst in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2022

3.0

for Salary and Benefits

Likes

There is a lot of learning here. The more you work the more work you get to do. Salary is comparitively better than some public sector banks

Skill development - Excellent

+2 more

Dislikes

Its in transition phase of converting from piblic to private. So alot of changes in working style and people especially seniors (who actually prepare those new rules) couldnot follow. Work life balance is low. Long working hours. More selling of LICs than actual banking

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional team... read more

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IDBI Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at IDBI Bank Mumbai?

Credit Manager salary at IDBI Bank in Mumbai ranges between ₹12.0 Lakhs to ₹28.9 Lakhs for experience between 2 years to 17 years. According to our estimates it is 138% more than the average Credit Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of IDBI Bank Mumbai.

How does the salary of a Credit Manager at IDBI Bank Mumbai compare with the average salary range for this job?

The average salary of a Credit Manager at IDBI Bank is 138% more than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

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

State Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
Canara Bank Credit Manager Salary - ₹13.0 Lakhs to ₹19.4 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
Federal Bank Credit Manager Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IDBI Bank ranges between ₹1,28,642 per month to ₹1,33,049 per month in Mumbai. The take-home salary calculation is based on the average IDBI Bank Credit Manager salary in India which ranges between ₹12.0 Lakhs to ₹28.9 Lakhs per year for employees with experience between 2 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at IDBI Bank in Mumbai?

According to AmbitionBox, 62% of the IDBI Bank Credit Managers in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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IDBI Bank Credit Manager Salaries in Mumbai

IDBI Bank Credit Manager salary in Mumbai ranges between ₹12 Lakhs to ₹28.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 IDBI Bank latest salaries received from various employees of IDBI Bank.

IDBI Bank Credit Manager salaries in Mumbai (Updated 2025)

Companies similar to IDBI Bank for Credit Manager in Mumbai

Latest annual salaries shared by IDBI Bank Credit Manager in Mumbai

Experience wise IDBI Bank Credit Manager salaries in Mumbai

Similar Designation salaries in IDBI Bank

Salary related reviews for IDBI Bank

Credit Manager in Ahmedabad

Credit Manager in Pune

Credit Manager in Indore

Branch Manager in Mumbai

Credit Analyst in Chennai

IDBI Bank Credit Manager Salary FAQs

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