IDFC FIRST Bank Vadodara Credit Manager Salaries by 10+ Employees (Updated 2024)

1 - 10 years exp.

₹3.8 Lakhs - ₹8.1 Lakhs

Salary of majority employees

At par with the average Credit Manager Salary in Banking Companies for 1 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Credit Manager Salary 5 - 7 years exp. (7 salaries)	₹3.8 L/yr - ₹8 L/yr
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BFSI, Investments & Trading Credit Manager Salary 1 - 10 years exp. (5 salaries)	₹5.5 L/yr - ₹8.1 L/yr

Last Updated: 25 Nov 2024

Companies similar to IDFC FIRST Bank for Credit Manager in Vadodara

IDFC FIRST Bank Credit Manager Salary

1 - 10 years exp. (14 salaries)

₹3.8 L/yr - ₹8.1 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Credit Manager Salary 7 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹12.9 L/yr 7% less
Bank of Baroda Credit Manager Salary 5 - 12 years exp. (6 salaries)	₹10 L/yr - ₹23 L/yr 112% more
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Edelweiss Credit Manager Salary 2 - 8 years exp. (4 salaries)	₹6.6 L/yr - ₹9 L/yr 14% less
Digikredit Finance Credit Manager Salary 1 - 7 years exp. (4 salaries)	₹5 L/yr - ₹6.5 L/yr 30% less
Plutus Bizz Advisors Credit Manager Salary 2 - 4 years exp. (3 salaries)	₹6 L/yr - ₹7 L/yr 15% less

Credit Manager salary at IDFC FIRST Bank ranges between ₹3.8 Lakhs to ₹8.1 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 14 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Credit Manager salaries in Vadodara

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5.5 L/yr - ₹14.4 L/yr
2 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.1 L/yr
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3 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹14.3 L/yr
4 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹14.2 L/yr
5 years (3 salaries)	₹5.9 L/yr - ₹14.1 L/yr
6 years (3 salaries)	₹3.8 L/yr - ₹14.1 L/yr
7 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.1 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹13.9 L/yr

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From

Credit Manager

0 - 10 years exp.

Area Credit Manager

5 - 14 years exp.

From

Credit Manager

0 - 10 years exp.

Cluster Credit Manager

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

(18 salaries)

₹6.1 L/yr - ₹18.3 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

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

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

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

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.

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.

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

Deputy Manager in Ahmedabad

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDFC FIRST Bank Credit Manager Salary FAQs

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

Credit Manager salary at IDFC FIRST Bank in Vadodara ranges between ₹3.8 Lakhs to ₹8.1 Lakhs for experience between 1 years to 10 years. According to our estimates it is 2% less than the average Credit Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of IDFC FIRST Bank Vadodara.

How does the salary of a Credit Manager at IDFC FIRST Bank Vadodara compare with the average salary range for this job?

The average salary of a Credit Manager at IDFC FIRST Bank is 2% less than the average salary of a Credit Manager in Vadodara. 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 Vadodara.

Which similar companies are paying more than IDFC FIRST Bank to a Credit Manager in Vadodara?

Bank of Baroda Credit Manager Salary - ₹10.0 Lakhs to ₹23.0 Lakhs per year

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

IndusInd Bank Credit Manager Salary - ₹3.2 Lakhs to ₹12.9 Lakhs per year
Edelweiss Credit Manager Salary - ₹6.6 Lakhs to ₹9.0 Lakhs per year
Plutus Bizz Advisors Credit Manager Salary - ₹6.0 Lakhs to ₹7.0 Lakhs per year
Digikredit Finance Credit Manager Salary - ₹5.0 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IDFC FIRST Bank ranges between ₹58,102 per month to ₹59,566 per month in Vadodara. The take-home salary calculation is based on the average IDFC FIRST Bank Credit Manager salary in India which ranges between ₹3.8 Lakhs to ₹8.1 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 Vadodara?

According to AmbitionBox, 100% of the IDFC FIRST Bank Credit Managers in Vadodara reported a notice period of 3 Months.This is based on 7 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Credit Manager Salaries in Vadodara

IDFC FIRST Bank Credit Manager salary in Vadodara ranges between ₹3.8 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.