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IDFC FIRST Bank Credit Manager salaries in Pune (Updated 2025)

Annual salary range
0 - 9 years exp.
₹4 Lakhs - ₹13.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Credit Manager Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
1 - 9 years exp. (24 salaries)
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₹4 L/yr - ₹13.3 L/yr

Finance & Accounting
Credit Manager Salary
1 - 9 years exp. (17 salaries)
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₹5 L/yr - ₹8.5 L/yr

Risk Management & Compliance
Credit Manager Salary
0 - 6 years exp. (6 salaries)
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₹8 L/yr - ₹10.7 L/yr

Last Updated: 3 Apr 2025

Companies similar to IDFC FIRST Bank for Credit Manager in Pune

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IDFC FIRST Bank Credit Manager Salary

0 - 9 years exp. (55 salaries)

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₹4 L/yr - ₹13.3 L/yr

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

0 - 12 years exp. (219 salaries)

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₹3.7 L/yr - ₹14.6 L/yr

arrow icon 4% more
13 job openings
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ICICI Bank Credit Manager Salary

0 - 12 years exp. (214 salaries)

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₹4.1 L/yr - ₹17 L/yr

arrow icon 21% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 10 years exp. (62 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 17% more
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Axis Bank Credit Manager Salary

0 - 12 years exp. (45 salaries)

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₹4.2 L/yr - ₹15.8 L/yr

arrow icon 18% more
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Bandhan Bank Credit Manager Salary

0 - 12 years exp. (22 salaries)

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₹2.9 L/yr - ₹10 L/yr

arrow icon 22% less
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Jana Small Finance Bank Credit Manager Salary

2 - 11 years exp. (17 salaries)

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₹3 L/yr - ₹10.7 L/yr

arrow icon 21% less
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Yes Bank Credit Manager Salary

1 - 9 years exp. (14 salaries)

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₹4.2 L/yr - ₹10.6 L/yr

arrow icon 7% more
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IDBI Bank Credit Manager Salary

5 - 14 years exp. (12 salaries)

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₹8.5 L/yr - ₹20 L/yr

arrow icon 133% more
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RBL Bank Credit Manager Salary

3 - 10 years exp. (10 salaries)

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₹3 L/yr - ₹11 L/yr

arrow icon 13% less
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₹3.9 L/yr - ₹10.5 L/yr

arrow icon 33% less
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₹3.3 L/yr - ₹8 L/yr

arrow icon 36% less
1 job opening
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Shinhan Bank Credit Manager Salary

5 - 10 years exp. (5 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 15% more
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Union Bank of India Credit Manager Salary

7 - 10 years exp. (4 salaries)

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₹13 L/yr - ₹16 L/yr

arrow icon 91% more
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Central Bank of India Credit Manager Salary

11 - 13 years exp. (3 salaries)

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₹10 L/yr - ₹14 L/yr

arrow icon 61% more
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Karur Vysya Bank Credit Manager Salary

5 - 12 years exp. (3 salaries)

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₹9.1 L/yr - ₹14 L/yr

arrow icon 27% more
Credit Manager salary at IDFC FIRST Bank ranges between ₹4 Lakhs to ₹13.3 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 55 latest salaries received from various employees of IDFC FIRST Bank.

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

3d ago
₹7.4 Lakhs
7 years exp.
3w ago
₹9 Lakhs
4 years exp.
2mo ago
₹13.3 Lakhs
8 years exp.
2mo ago
₹9 Lakhs
3 years exp.
2mo ago
₹10 Lakhs
9 years exp.
3mo ago
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6 years exp.
4mo ago
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5 years exp.
6mo ago
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8 years exp.
6mo ago
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7 years exp.
7mo ago
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7 years exp.

Experience wise IDFC FIRST Bank Credit Manager salaries in Pune

Last Updated: 3 Apr 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹7.6 L/yr - ₹9.7 L/yr
1 year  (6 salaries)

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₹5 L/yr - ₹10 L/yr
2 years  (5 salaries)

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₹5 L/yr - ₹15.1 L/yr
3 years  (7 salaries)

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₹6.9 L/yr - ₹11 L/yr
4 years  (9 salaries)

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₹4 L/yr - ₹11.9 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 - 13 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
(176 salaries)
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₹3 L/yr - ₹8.84 L/yr
Sales Manager Salary
(68 salaries)
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₹2.95 L/yr - ₹9.75 L/yr
Branch Manager Salary
(36 salaries)
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₹6.75 L/yr - ₹28 L/yr
Chief Manager Salary
(13 salaries)
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₹12 L/yr - ₹30 L/yr
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₹8.5 L/yr - ₹18 L/yr
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₹6 L/yr - ₹7.7 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

 · 

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

read more
  • Salary - Bad
  • +6 more

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
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 in Pune?
The average salary of a Credit Manager at IDFC FIRST Bank in Pune typically ranges from ₹4.0 Lakhs to ₹13.3 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Credit Manager in Pune at IDFC FIRST Bank earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹13.2 Lakhs per year. 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 50+ IDFC FIRST Bank employees in India.
What is the estimated take home salary of a Credit Manager at IDFC FIRST Bank in Pune?
The estimated take-home salary of a Credit Manager at IDFC FIRST Bank in Pune typically ranges from ₹60,521 to ₹62,053 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹13.3 Lakhs per year for employees with experience ranging from Fresher to 9 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 50+ 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 Credit Manager at IDFC FIRST Bank in Pune?
To be a Credit Manager at IDFC FIRST Bank in Pune, the key skills required include:

  • - Underwriting
  • - Banking
  • - Retail Banking
  • - Front End
  • - Sales

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 Credit Manager in India?
IDBI Bank ₹8.5 Lakhs to ₹20.0 Lakhs per year
Union Bank of India ₹13.0 Lakhs to ₹16.0 Lakhs per year
Central Bank of India ₹10.0 Lakhs to ₹14.0 Lakhs per year
Karur Vysya Bank ₹9.1 Lakhs to ₹14.0 Lakhs per year
ICICI Bank ₹4.1 Lakhs to ₹17.0 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 Credit Manager in companies similar to IDFC FIRST Bank in Pune?
The salary of a Credit Manager at companies similar to IDFC FIRST Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank ₹4.2 Lakhs to ₹15.8 Lakhs per year
Kotak Mahindra Bank ₹4.0 Lakhs to ₹15.0 Lakhs per year
Shinhan Bank ₹6.0 Lakhs to ₹14.0 Lakhs per year
Yes Bank ₹4.2 Lakhs to ₹10.6 Lakhs per year
HDFC Bank ₹3.7 Lakhs to ₹14.6 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 Credit Manager at IDFC FIRST Bank in Pune?
The salary growth for a Credit Manager at IDFC FIRST Bank in Pune depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Pune can expect the following growth trajectory at IDFC FIRST Bank:

Experience Average Salary Range
Fresher ₹7.6 Lakhs to ₹9.7 Lakhs per year
1 year ₹5.0 Lakhs to ₹10.0 Lakhs per year
2 years ₹5.0 Lakhs to ₹15.1 Lakhs per year
3 years ₹6.9 Lakhs to ₹11.0 Lakhs per year
and so on.

Tell us how to improve this page.

IDFC FIRST Bank Credit Manager salary in Pune ranges between ₹4 Lakhs to ₹13.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 55 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.