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IDFC FIRST Bank Credit Manager salaries in Indore

Annual salary range
1 - 9 years exp.
₹3.3 Lakhs - ₹11 Lakhs
Salary of majority employees
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Fixed (100%)
₹7.7 Lakhs
Variable (0%)
₹0.0
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10% more than the average Credit Manager Salary in Banking Companies for 1 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting
Credit Manager Salary
1 - 8 years exp. (21 salaries)
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₹4 L/yr - ₹9 L/yr

BFSI, Investments & Trading
Credit Manager Salary
1 - 9 years exp. (15 salaries)
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₹4.3 L/yr - ₹9.5 L/yr

Risk Management & Compliance
Credit Manager Salary
3 - 8 years exp. (4 salaries)
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₹6 L/yr - ₹11 L/yr

Last Updated: 20 Feb 2025

Companies similar to IDFC FIRST Bank for Credit Manager in Indore

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IDFC FIRST Bank Credit Manager Salary

1 - 9 years exp. (45 salaries)

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₹3.3 L/yr - ₹11 L/yr

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

2 - 9 years exp. (12 salaries)

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₹5.8 L/yr - ₹14 L/yr

arrow icon 19% more
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IndusInd Bank Credit Manager Salary

3 - 11 years exp. (6 salaries)

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₹5.3 L/yr - ₹13.1 L/yr

arrow icon 8% more
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RBL Bank Credit Manager Salary

2 - 10 years exp. (5 salaries)

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₹4.5 L/yr - ₹10 L/yr

arrow icon 13% less
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Bandhan Bank Credit Manager Salary

0 - 9 years exp. (18 salaries)

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₹2.5 L/yr - ₹9.8 L/yr

arrow icon 21% less
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Jana Small Finance Bank Credit Manager Salary

4 - 11 years exp. (6 salaries)

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₹4.2 L/yr - ₹7.3 L/yr

arrow icon 23% less
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₹2.5 L/yr - ₹8.6 L/yr

arrow icon 28% less
1 job opening
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IDBI Bank Credit Manager Salary

12 - 16 years exp. (4 salaries)

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₹18 L/yr - ₹32 L/yr

arrow icon 157% more
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Central Bank of India Credit Manager Salary

2 - 5 years exp. (3 salaries)

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₹12 L/yr - ₹17 L/yr

arrow icon 93% more
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Karur Vysya Bank Credit Manager Salary

5 - 7 years exp. (3 salaries)

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₹7.2 L/yr - ₹11.5 L/yr

arrow icon 31% more
Credit Manager salary at IDFC FIRST Bank ranges between ₹3.3 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 45 latest salaries received from various employees of IDFC FIRST Bank.

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

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Experience wise IDFC FIRST Bank Credit Manager salaries in Indore

Last Updated: 20 Feb 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹7 L/yr - ₹8.5 L/yr
2 years  (3 salaries)

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₹5.5 L/yr - ₹8.5 L/yr
3 years  (9 salaries)

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₹3.6 L/yr - ₹8 L/yr
4 years  (6 salaries)

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₹5.3 L/yr - ₹8.5 L/yr
5 years  (7 salaries)

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₹3.3 L/yr - ₹9.4 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 - 17 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

Branch Manager Salary
(54 salaries)
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₹6 L/yr - ₹21.5 L/yr
Deputy Manager Salary
(52 salaries)
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₹3 L/yr - ₹7.5 L/yr
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₹3.5 L/yr - ₹8.16 L/yr
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₹14.8 L/yr - ₹16.36 L/yr
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₹5 L/yr - ₹7 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

3.1

Rated by 2 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
see more salary related reviews

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IDFC FIRST Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at IDFC FIRST Bank Indore?
Credit Manager salary at IDFC FIRST Bank in Indore ranges between ₹3.3 Lakhs to ₹11.0 Lakhs for experience between 1 years to 9 years. According to our estimates it is 10% more than the average Credit Manager Salary in India. Salary estimates are based on 45 latest salaries received from various employees of IDFC FIRST Bank Indore.
How does the salary of a Credit Manager at IDFC FIRST Bank Indore compare with the average salary range for this job?
The average salary of a Credit Manager at IDFC FIRST Bank is 10% more than the average salary of a Credit Manager in Indore. 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 Indore.
Which similar companies are paying more than IDFC FIRST Bank to a Credit Manager in Indore?
  • IDBI Bank Credit Manager Salary - ₹18.0 Lakhs to ₹32.0 Lakhs per year
  • Central Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
  • Karur Vysya Bank Credit Manager Salary - ₹7.2 Lakhs to ₹11.5 Lakhs per year
  • Yes Bank Credit Manager Salary - ₹5.8 Lakhs to ₹14.0 Lakhs per year
  • IndusInd Bank Credit Manager Salary - ₹5.3 Lakhs to ₹13.1 Lakhs per year
What is the salary of a Credit Manager in companies similar to IDFC FIRST Bank in Indore?
  • RBL Bank Credit Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
  • Bandhan Bank Credit Manager Salary - ₹2.5 Lakhs to ₹9.8 Lakhs per year
  • Jana Small Finance Bank Credit Manager Salary - ₹4.2 Lakhs to ₹7.3 Lakhs per year
  • Utkarsh Small Finance Bank Credit Manager Salary - ₹2.5 Lakhs to ₹8.6 Lakhs per year
What is the estimated take home salary of a Credit Manager at IDFC FIRST Bank in Indore?
The estimated take-home salary of a Credit Manager at IDFC FIRST Bank ranges between ₹56,886 per month to ₹58,315 per month in Indore. The take-home salary calculation is based on the average IDFC FIRST Bank Credit Manager salary in India which ranges between ₹3.3 Lakhs to ₹11.0 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at IDFC FIRST Bank in Indore?
According to AmbitionBox, 81% of the IDFC FIRST Bank Credit Managers in Indore reported a notice period of 3 Months, 19% reported a notice period of 1 Month.This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

IDFC FIRST Bank Credit Manager salary in Indore ranges between ₹3.3 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 45 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.