IDBI Bank Senior Manager Credit Salaries by 5 Employees

6 - 12 years exp.

₹14 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

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20% more than the average Senior Manager Credit Salary in Banking Companies for 6 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 11 - 12 years exp. (AmbitionBox Estimate)	Unlock ₹16.2 L/yr - ₹19.8 L/yr
Data Science & Analytics Senior Manager Credit Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹12.6 L/yr - ₹15.4 L/yr
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Finance & Accounting Senior Manager Credit Salary 12 years exp. (AmbitionBox Estimate)	Unlock ₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 21 Dec 2024

Companies similar to IDBI Bank for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Manager Credit Salary 8 - 13 years exp. (5 salaries)	Unlock ₹14 L/yr - ₹23 L/yr 3% more
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (326 salaries)	Unlock ₹7.8 L/yr - ₹21 L/yr 16% less	1 job opening
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ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (159 salaries)	Unlock ₹7 L/yr - ₹22.8 L/yr 9% less
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (120 salaries)	Unlock ₹10 L/yr - ₹26.9 L/yr 1% more
Punjab National Bank Senior Manager Credit Salary 5 - 11 years exp. (64 salaries)	Unlock ₹10.4 L/yr - ₹32 L/yr 45% more
Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (48 salaries)	Unlock ₹12 L/yr - ₹28 L/yr 26% more
Canara Bank Senior Manager Credit Salary 6 - 13 years exp. (27 salaries)	Unlock ₹16 L/yr - ₹35 L/yr 42% more
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (386 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 23% less
IndusInd Bank Senior Manager Credit Salary 3 - 12 years exp. (20 salaries)	Unlock ₹8 L/yr - ₹23.5 L/yr 19% less
Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (188 salaries)	Unlock ₹7.8 L/yr - ₹17 L/yr 21% less
IDFC FIRST Bank Senior Manager Credit Salary 2 - 12 years exp. (81 salaries)	Unlock ₹6.3 L/yr - ₹16 L/yr 32% less
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AU Small Finance Bank Senior Manager Credit Salary 3 - 12 years exp. (61 salaries)	Unlock ₹4.7 L/yr - ₹15.5 L/yr 41% less
Union Bank of India Senior Manager Credit Salary 7 - 14 years exp. (48 salaries)	Unlock ₹11 L/yr - ₹28.5 L/yr 23% more
Jana Small Finance Bank Senior Manager Credit Salary 3 - 10 years exp. (38 salaries)	Unlock ₹3.1 L/yr - ₹12 L/yr 58% less
Bank of India Senior Manager Credit Salary 8 - 12 years exp. (28 salaries)	Unlock ₹11 L/yr - ₹25 L/yr 13% more
Standard Chartered Senior Manager Credit Salary 4 - 12 years exp. (21 salaries)	Unlock ₹10.4 L/yr - ₹33.4 L/yr 35% more
Bank of Maharashtra Senior Manager Credit Salary 6 - 14 years exp. (18 salaries)	Unlock ₹13 L/yr - ₹24 L/yr 7% more
Indian Bank Senior Manager Credit Salary 5 - 13 years exp. (18 salaries)	Unlock ₹14.5 L/yr - ₹23.5 L/yr 15% more
Federal Bank Senior Manager Credit Salary 3 - 14 years exp. (14 salaries)	Unlock ₹14 L/yr - ₹22 L/yr 20% more
Central Bank of India Senior Manager Credit Salary 10 - 15 years exp. (6 salaries)	Unlock ₹14.5 L/yr - ₹22 L/yr 12% more

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Senior Manager Credit salary at IDBI Bank ranges between ₹14 Lakhs to ₹18 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Senior Manager Credit salaries

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹14 L/yr - ₹25.8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹13.5 L/yr - ₹17.2 L/yr
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8 years (AmbitionBox Estimate)	Unlock ₹6.3 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹14.7 L/yr - ₹18.7 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹15.2 L/yr - ₹19.5 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹18 L/yr - ₹18 L/yr

View all

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Salary related reviews for IDBI Bank

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

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

Relationship Manager in Pune

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 20 Apr 2022

3.0

for Salary and Benefits

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

Company culture - Good

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.

Work-life balance - 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

see more salary related reviews

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IDBI Bank Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at IDBI Bank in India ranges between ₹14.0 Lakhs to ₹18.0 Lakhs for experience between 6 years to 12 years. According to our estimates it is 20% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IDBI Bank India.

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

The average salary of a Senior Manager Credit at IDBI Bank is 20% more than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDBI Bank to a Senior Manager Credit in India?

Punjab National Bank Senior Manager Credit Salary - ₹10.4 Lakhs to ₹32.0 Lakhs per year
Canara Bank Senior Manager Credit Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹33.4 Lakhs per year
Bank of Baroda Senior Manager Credit Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Union Bank of India Senior Manager Credit Salary - ₹11.0 Lakhs to ₹28.5 Lakhs per year

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

Federal Bank Senior Manager Credit Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
Indian Overseas Bank Senior Manager Credit Salary - ₹17.0 Lakhs to ₹21.0 Lakhs per year
Deutsche Bank Senior Manager Credit Salary - ₹16.9 Lakhs to ₹21.6 Lakhs per year
Indian Bank Senior Manager Credit Salary - ₹14.5 Lakhs to ₹23.5 Lakhs per year
Bank of India Senior Manager Credit Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at IDBI Bank ranges between ₹1,10,814 per month to ₹1,13,885 per month in India. The take-home salary calculation is based on the average IDBI Bank Senior Manager Credit salary in India which ranges between ₹14.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the IDBI Bank Senior Manager Credits reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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IDBI Bank Senior Manager Credit Salaries

IDBI Bank Senior Manager Credit salary in India ranges between ₹14 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IDBI Bank latest salaries received from various employees of IDBI Bank.