IDFC FIRST Bank Cluster Credit Manager Salaries by 90+ Employees (Updated 2025)

6 - 13 years exp.

₹5.9 Lakhs - ₹20 Lakhs

Avg. annual salary

Monthly In-hand Salary

30% more than the average Cluster Credit Manager Salary in Banking Companies for 6 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 6 - 12 years exp. (34 salaries)	₹6.3 L/yr - ₹20 L/yr
Risk Management & Compliance Cluster Credit Manager Salary 7 - 13 years exp. (22 salaries)	₹9 L/yr - ₹17.4 L/yr
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Finance & Accounting Cluster Credit Manager Salary 6 - 13 years exp. (21 salaries)	₹6.1 L/yr - ₹20 L/yr

Last Updated: 15 Mar 2025

Companies similar to IDFC FIRST Bank for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Cluster Credit Manager Salary 5 - 12 years exp. (150 salaries)	₹4.2 L/yr - ₹12.9 L/yr 33% less
RBL Bank Cluster Credit Manager Salary 5 - 16 years exp. (15 salaries)	₹5.6 L/yr - ₹12 L/yr 34% less
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IndusInd Bank Cluster Credit Manager Salary 5 - 10 years exp. (5 salaries)	₹11 L/yr - ₹15.5 L/yr 4% more
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 50% less
Bandhan Bank Cluster Credit Manager Salary 4 - 7 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 46% less
Kotak Mahindra Bank Cluster Credit Manager Salary 2 - 13 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 20% less
Axis Bank Cluster Credit Manager Salary 4 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹12 L/yr 46% less
ICICI Bank Cluster Credit Manager Salary 3 - 8 years exp. (3 salaries)	₹7.3 L/yr - ₹11.5 L/yr 27% less
Jana Small Finance Bank Cluster Credit Manager Salary 7 - 9 years exp. (3 salaries)	₹5.4 L/yr - ₹10.1 L/yr 35% less

Cluster Credit Manager salary at IDFC FIRST Bank ranges between ₹5.9 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 93 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Cluster Credit Manager

3d ago

₹15.9 Lakhs

13 years exp.

3w ago

₹16 Lakhs

11 years exp.

1mo ago

₹12.8 Lakhs

10 years exp.

1mo ago

₹12.5 Lakhs

11 years exp.

3mo ago

₹12 Lakhs

8 years exp.

3mo ago

12 years exp.

3mo ago

10 years exp.

3mo ago

10 years exp.

3mo ago

7 years exp.

3mo ago

12 years exp.

Experience wise IDFC FIRST Bank Cluster Credit Manager salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
6 years (4 salaries)	₹9.5 L/yr - ₹14 L/yr
7 years (9 salaries)	₹5.8 L/yr - ₹15 L/yr
Login to view exact salary
8 years (8 salaries)	₹7 L/yr - ₹16 L/yr
9 years (13 salaries)	₹7 L/yr - ₹16 L/yr
10 years (21 salaries)	₹6.7 L/yr - ₹17.8 L/yr
11 years (17 salaries)	₹8.5 L/yr - ₹20 L/yr
12 years (16 salaries)	₹6.1 L/yr - ₹20 L/yr
13 years (5 salaries)	₹10 L/yr - ₹20 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Area Credit Manager Salary

(85 salaries)

₹8.15 L/yr - ₹20 L/yr

Deputy Credit Manager Salary

(59 salaries)

₹3.85 L/yr - ₹9.3 L/yr

Branch Credit Manager Salary

(215 salaries)

₹3 L/yr - ₹8.27 L/yr

Zonal Credit Manager Salary

(11 salaries)

₹25 L/yr - ₹41.8 L/yr

Assistant Credit Manager Salary

(14 salaries)

₹4 L/yr - ₹6.15 L/yr

Regional Credit Manager Salary

(33 salaries)

₹14 L/yr - ₹38 L/yr

Credit Manager Salary

(823 salaries)

₹3.5 L/yr - ₹13 L/yr

Senior Credit Officer Salary

(7 salaries)

₹3 L/yr - ₹3.2 L/yr

Relationship Manager Salary

(661 salaries)

₹2 L/yr - ₹11 L/yr

Chief Manager Salary

(650 salaries)

₹10.2 L/yr - ₹37.19 L/yr

Top skills at IDFC FIRST Bank for Cluster Credit Manager

Monitoring Portfolio Management Strategic Planning Operations Front End Credit Underwriting Analytics Banking Customer Service Retail Banking Business operations Credit Appraisal Legal Business Banking Auditing

Salary related reviews for IDFC FIRST Bank

4.4

Rated by 14 employees for salary & benefits

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 27 Jan 2025

1.0

for Salary and Benefits

Likes

Employee benefits as per banking industry is good if u have home loans

Dislikes

Work life balance, leadership is like complete egoistic and worst, salary hike is not based on performance, job security is close to nothing

Salary - Bad

+6 more

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Salary - Excellent

+1 more

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Skill development - Bad

+4 more

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

+1 more

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

Skill development - Bad

+4 more

Relationship Manager in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Currently, the pay they are offering is good

Dislikes

...e a fancy job discription and in relaity, the job we do is completely different. They harras employees and even after resigning, they harrass for due payment.

Salary - Poor

+5 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 10 May 2023

3.0

for Salary and Benefits

Likes

I like work culture and job security, overall it's average, if you are good performer then you will get chance to apply for different role

Dislikes

Promotion/ appraisal and salary not good for people who's internally get promoted

see more salary related reviews

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What people are saying about IDFC FIRST Bank

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a senior business analyst

Salary discussion

For a BA/PM, is 50% increment on current salary is too much to ask? Background: MBA from IIM, BE - Computer Science from tier 2 college, ~3 Years experience.

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IDFC FIRST Bank Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at IDFC FIRST Bank ?

The average salary of a Cluster Credit Manager at IDFC FIRST Bank in India typically ranges from ₹5.9 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Cluster Credit Manager at IDFC FIRST Bank earn more than ₹16.4 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Cluster Credit Manager Salaries at IDFC FIRST 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 90+ IDFC FIRST Bank employees in India.

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

The estimated take-home salary of a Cluster Credit Manager at IDFC FIRST Bank in India typically ranges from ₹92,375 to ₹94,850 per month. This is based on the average salary range of ₹5.9 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 6 years to 13 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 90+ salaries received from various employees of IDFC FIRST Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Credit Manager at IDFC FIRST Bank ?

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

- Monitoring
- Portfolio Management
- Strategic Planning
- Operations
- Front End

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IDFC FIRST Bank for Cluster Credit Manager in India?

IndusInd Bank

₹11.0 Lakhs to ₹15.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IDFC FIRST Bank, depending on the role and experience level.

What is the salary of a Cluster Credit Manager in companies similar to IDFC FIRST Bank in India?

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

Kotak Mahindra Bank	₹7.0 Lakhs to ₹13.5 Lakhs per year
ICICI Bank	₹7.3 Lakhs to ₹11.5 Lakhs per year
Ujjivan Small Finance Bank	₹4.2 Lakhs to ₹12.9 Lakhs per year
RBL Bank	₹5.6 Lakhs to ₹12.0 Lakhs per year
Jana Small Finance Bank	₹5.4 Lakhs to ₹10.1 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 Cluster Credit Manager at IDFC FIRST Bank in India?

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

Experience	Average Salary Range
6 years	₹9.5 Lakhs to ₹14.0 Lakhs per year
7 years	₹5.8 Lakhs to ₹15.0 Lakhs per year
8 years	₹7.0 Lakhs to ₹16.0 Lakhs per year
9 years	₹7.0 Lakhs to ₹16.0 Lakhs per year

and so on.

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IDFC FIRST Bank Cluster Credit Manager Salaries

IDFC FIRST Bank Cluster Credit Manager salary in India ranges between ₹5.9 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 93 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.