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4.0

based on 10k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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IDFC FIRST Bank Credit Manager salaries in Chennai

Annual salary range
1 - 10 years exp.
₹3.5 Lakhs - ₹12 Lakhs
Salary of majority employees
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At par with the average Credit Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
1 - 10 years exp. (15 salaries)
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₹3.5 L/yr - ₹10.5 L/yr

Finance & Accounting
Credit Manager Salary
1 - 7 years exp. (12 salaries)
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₹3.5 L/yr - ₹12 L/yr

Last Updated: 27 Jan 2025

Companies similar to IDFC FIRST Bank for Credit Manager in Chennai

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IDFC FIRST Bank Credit Manager Salary

1 - 10 years exp. (31 salaries)

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₹3.5 L/yr - ₹12 L/yr

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

0 - 11 years exp. (176 salaries)

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₹2.8 L/yr - ₹12 L/yr

At par
1 job opening
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (178 salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 18% more
1 job opening
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Axis Bank Credit Manager Salary

0 - 12 years exp. (44 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 15% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 9 years exp. (40 salaries)

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₹3.6 L/yr - ₹13.2 L/yr

arrow icon 16% more
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Yes Bank Credit Manager Salary

0 - 10 years exp. (64 salaries)

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₹3.4 L/yr - ₹11 L/yr

arrow icon 4% more
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IndusInd Bank Credit Manager Salary

3 - 12 years exp. (17 salaries)

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₹3.5 L/yr - ₹13.2 L/yr

arrow icon 2% less
6 job openings
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Jana Small Finance Bank Credit Manager Salary

4 - 11 years exp. (15 salaries)

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₹3.5 L/yr - ₹6.6 L/yr

arrow icon 35% less
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Bandhan Bank Credit Manager Salary

1 - 7 years exp. (13 salaries)

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₹3.3 L/yr - ₹9.3 L/yr

arrow icon 18% less
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Federal Bank Credit Manager Salary

2 - 10 years exp. (11 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 95% more
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Karur Vysya Bank Credit Manager Salary

4 - 12 years exp. (9 salaries)

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₹6.3 L/yr - ₹13.9 L/yr

arrow icon 37% more
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₹4.2 L/yr - ₹6.3 L/yr

arrow icon 27% less
Credit Manager salary at IDFC FIRST Bank ranges between ₹3.5 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 31 latest salaries received from various employees of IDFC FIRST Bank.

Latest annual salaries shared by IDFC FIRST Bank Credit Manager in Chennai

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Experience wise IDFC FIRST Bank Credit Manager salaries in Chennai

Last Updated: 27 Jan 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹7 L/yr - ₹8 L/yr
2 years  (6 salaries)

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₹3.5 L/yr - ₹10 L/yr
3 years  (5 salaries)

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₹3.5 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹11 L/yr
5 years  (3 salaries)

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₹4.1 L/yr - ₹9.8 L/yr
View all
IDFC FIRST Bank Credit Manager Salary and Career Growth

From

To

Credit Manager

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0 - 10 years exp.

Area Credit Manager

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5 - 14 years exp.

From

To

Credit Manager

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0 - 10 years exp.

Cluster Credit Manager

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6 - 14 years exp.

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 IDFC FIRST Bank

Deputy Manager Salary
(122 salaries)
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₹3 L/yr - ₹7.5 L/yr
Sales Manager Salary
(68 salaries)
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₹3.5 L/yr - ₹9.8 L/yr
Branch Manager Salary
(38 salaries)
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₹6.74 L/yr - ₹27.23 L/yr
Chief Manager Salary
(29 salaries)
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₹11 L/yr - ₹34.25 L/yr
Credit Analyst Salary
(6 salaries)
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₹8 L/yr - ₹13.5 L/yr

Top skills at IDFC FIRST Bank for Credit Manager

Underwriting Banking Retail Banking Front End Sales Management SLAS Supervision Loans Credit Appraisal Business Loan Credit Management Business Banking Monitoring Credit Underwriting

Salary related reviews for IDFC FIRST Bank

4.8

Rated by 5 employees for salary & benefits

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

read more
  • Skill development - Bad
    +4 more

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.

read more
  • Skill development - Bad
    +4 more

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.

read more
  • Salary - Poor
    +5 more

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

read more

Dislikes

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

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 08 Jan 2023

5.0
 for  Salary and Benefits

Likes

Only Salary is the best part in IDFC FIRST BANK.

  • Salary - Excellent

Dislikes

... handle the pressure from their seniors so they put their pressure on employees.Employees only trap in salary part.even in sleep many times you will get dream of working pressure.

read more
  • Skill development - Bad
    +5 more
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IDFC FIRST Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at IDFC FIRST Bank Chennai?
Credit Manager salary at IDFC FIRST Bank in Chennai ranges between ₹3.5 Lakhs to ₹12.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 4% less than the average Credit Manager Salary in India. Salary estimates are based on 31 latest salaries received from various employees of IDFC FIRST Bank Chennai.
How does the salary of a Credit Manager at IDFC FIRST Bank Chennai compare with the average salary range for this job?
The average salary of a Credit Manager at IDFC FIRST Bank is 4% less than the average salary of a Credit Manager in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Credit Manager at IDFC FIRST Bank?
Underwriting, Banking, Retail Banking, Front End and Sales are some of the popular skills required to work as a Credit Manager at IDFC FIRST Bank Chennai.
Which similar companies are paying more than IDFC FIRST Bank to a Credit Manager in Chennai?
  • Federal Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • Karur Vysya Bank Credit Manager Salary - ₹6.3 Lakhs to ₹13.9 Lakhs per year
  • ICICI Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
  • Kotak Mahindra Bank Credit Manager Salary - ₹3.6 Lakhs to ₹13.2 Lakhs per year
  • Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to IDFC FIRST Bank in Chennai?
  • Yes Bank Credit Manager Salary - ₹3.4 Lakhs to ₹11.0 Lakhs per year
  • HDFC Bank Credit Manager Salary - ₹2.8 Lakhs to ₹12.0 Lakhs per year
  • IndusInd Bank Credit Manager Salary - ₹3.5 Lakhs to ₹13.2 Lakhs per year
  • Bandhan Bank Credit Manager Salary - ₹3.3 Lakhs to ₹9.3 Lakhs per year
  • Ujjivan Small Finance Bank Credit Manager Salary - ₹4.2 Lakhs to ₹6.3 Lakhs per year
What is the estimated take home salary of a Credit Manager at IDFC FIRST Bank in Chennai?
The estimated take-home salary of a Credit Manager at IDFC FIRST Bank ranges between ₹57,448 per month to ₹58,892 per month in Chennai. The take-home salary calculation is based on the average IDFC FIRST Bank Credit Manager salary in India which ranges between ₹3.5 Lakhs to ₹12.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at IDFC FIRST Bank in Chennai?
According to AmbitionBox, 78% of the IDFC FIRST Bank Credit Managers in Chennai reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDFC FIRST Bank Credit Manager salary in Chennai ranges between ₹3.5 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.