IDFC FIRST Bank Senior Manager Credit Salaries by 80+ Employees (Updated 2025)

3 - 12 years exp.

₹6.3 Lakhs - ₹18.1 Lakhs

Salary of majority employees

17% less than the average Senior Manager Credit Salary in Banking Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 5 - 12 years exp. (31 salaries)	₹8 L/yr - ₹14 L/yr
Finance & Accounting Senior Manager Credit Salary 5 - 12 years exp. (28 salaries)	₹6.3 L/yr - ₹18.1 L/yr
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Risk Management & Compliance Senior Manager Credit Salary 3 - 11 years exp. (8 salaries)	₹9.1 L/yr - ₹15 L/yr
Sales & Business Development Senior Manager Credit Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹8.7 L/yr

Last Updated: 5 Mar 2025

Companies similar to IDFC FIRST Bank for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (327 salaries)	₹7.8 L/yr - ₹21 L/yr 21% more	1 job opening
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (160 salaries)	₹7 L/yr - ₹22.8 L/yr 30% more
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Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (120 salaries)	₹10 L/yr - ₹26.9 L/yr 42% more
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (365 salaries)	₹6.5 L/yr - ₹16 L/yr 10% more
IndusInd Bank Senior Manager Credit Salary 3 - 12 years exp. (20 salaries)	₹8 L/yr - ₹23.5 L/yr 18% more
Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (186 salaries)	₹8.3 L/yr - ₹17 L/yr 12% more
RBL Bank Senior Manager Credit Salary 3 - 15 years exp. (17 salaries)	₹10 L/yr - ₹17 L/yr 14% more
Federal Bank Senior Manager Credit Salary 3 - 14 years exp. (14 salaries)	₹14 L/yr - ₹22 L/yr 69% more
Bandhan Bank Senior Manager Credit Salary 5 - 9 years exp. (15 salaries)	₹8.8 L/yr - ₹20.9 L/yr 34% more
IDBI Bank Senior Manager Credit Salary 6 - 12 years exp. (5 salaries)	₹14 L/yr - ₹18 L/yr 43% more
Union Bank of India Senior Manager Credit Salary 7 - 14 years exp. (48 salaries)	₹11 L/yr - ₹28.5 L/yr 88% more
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Jana Small Finance Bank Senior Manager Credit Salary 3 - 10 years exp. (38 salaries)	₹3.1 L/yr - ₹12 L/yr 40% less
Canara Bank Senior Manager Credit Salary 6 - 13 years exp. (27 salaries)	₹16 L/yr - ₹35 L/yr 104% more
Standard Chartered Senior Manager Credit Salary 4 - 12 years exp. (21 salaries)	₹10.4 L/yr - ₹33.4 L/yr 94% more
Karur Vysya Bank Senior Manager Credit Salary 4 - 14 years exp. (9 salaries)	₹12 L/yr - ₹18.5 L/yr 39% more
Central Bank of India Senior Manager Credit Salary 10 - 15 years exp. (6 salaries)	₹14.5 L/yr - ₹22 L/yr 60% more
Ujjivan Small Finance Bank Senior Manager Credit Salary 7 - 15 years exp. (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr 22% less
Corporation Bank Senior Manager Credit Salary 9 - 17 years exp. (6 salaries)	₹11 L/yr - ₹18 L/yr 35% more
Utkarsh Small Finance Bank Senior Manager Credit Salary 7 - 9 years exp. (4 salaries)	₹6.5 L/yr - ₹12.9 L/yr 17% less
UCO Bank Senior Manager Credit Salary 10 - 13 years exp. (4 salaries)	₹12 L/yr - ₹27 L/yr 54% more

Senior Manager Credit salary at IDFC FIRST Bank ranges between ₹6.3 Lakhs to ₹18.1 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 81 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Senior Manager Credit salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹14.5 L/yr
4 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
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5 years (9 salaries)	₹8 L/yr - ₹12.5 L/yr
6 years (12 salaries)	₹8 L/yr - ₹16.8 L/yr
7 years (11 salaries)	₹9.5 L/yr - ₹18.1 L/yr
8 years (12 salaries)	₹6.3 L/yr - ₹15 L/yr
9 years (12 salaries)	₹7.9 L/yr - ₹16 L/yr
10 years (12 salaries)	₹8.5 L/yr - ₹13.5 L/yr
11 years (5 salaries)	₹8.2 L/yr - ₹12.7 L/yr
12 years (6 salaries)	₹8.2 L/yr - ₹21.2 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

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Deputy Manager Salary

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₹2.15 L/yr - ₹9.5 L/yr

Chief Manager Salary

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₹10.2 L/yr - ₹36 L/yr

Branch Manager Salary

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₹6.25 L/yr - ₹26 L/yr

Senior Associate Salary

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₹1.95 L/yr - ₹5.75 L/yr

Senior Credit Officer Salary

(7 salaries)

₹3 L/yr - ₹3.2 L/yr

Credit Underwriter Salary

(13 salaries)

₹3.66 L/yr - ₹9.8 L/yr

Credit Analyst Salary

(68 salaries)

₹3.53 L/yr - ₹14 L/yr

Area Credit Manager Salary

(83 salaries)

₹8.15 L/yr - ₹21.47 L/yr

Salary related reviews for IDFC FIRST Bank

3.4

Rated by 9 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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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IDFC FIRST Bank Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at IDFC FIRST Bank in India ranges between ₹6.3 Lakhs to ₹18.1 Lakhs for experience between 3 years to 12 years. According to our estimates it is 17% less than the average Senior Manager Credit Salary in India. Salary estimates are based on 81 latest salaries received from various employees of IDFC FIRST Bank India.

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

The average salary of a Senior Manager Credit at IDFC FIRST Bank is 17% less than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

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

Canara Bank Senior Manager Credit Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹33.4 Lakhs per year
Union Bank of India Senior Manager Credit Salary - ₹11.0 Lakhs to ₹28.5 Lakhs per year
Federal Bank Senior Manager Credit Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
Central Bank of India Senior Manager Credit Salary - ₹14.5 Lakhs to ₹22.0 Lakhs per year

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

UCO Bank Senior Manager Credit Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
IDBI Bank Senior Manager Credit Salary - ₹14.0 Lakhs to ₹18.0 Lakhs per year
Axis Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹26.9 Lakhs per year
Karur Vysya Bank Senior Manager Credit Salary - ₹12.0 Lakhs to ₹18.5 Lakhs per year
Corporation Bank Senior Manager Credit Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at IDFC FIRST Bank ranges between ₹80,952 per month to ₹83,062 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Senior Manager Credit salary in India which ranges between ₹6.3 Lakhs to ₹18.1 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager Credit at IDFC FIRST Bank?

According to AmbitionBox, 92% of the IDFC FIRST Bank Senior Manager Credits reported a notice period of 3 Months, 4% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 76 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Senior Manager Credit Salaries by Location

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IDFC FIRST Bank Senior Manager Credit Salaries

IDFC FIRST Bank Senior Manager Credit salary in India ranges between ₹6.3 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 81 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Senior Manager Credit salaries in India (Updated 2025)

Companies similar to IDFC FIRST Bank for Senior Manager Credit

Latest annual salaries shared by IDFC FIRST Bank Senior Manager Credit

Experience wise IDFC FIRST Bank Senior Manager Credit salaries

Similar Designation salaries in IDFC FIRST Bank

Salary related reviews for IDFC FIRST Bank

Assistant Vice President in Hyderabad / Secunderabad

Branch Manager in Surat

Deputy Manager in Navi Mumbai

Relationship Manager in Chennai

Deputy Manager in Mumbai

IDFC FIRST Bank Senior Manager Credit Salary FAQs

Tell us how to improve this page.

IDFC FIRST Bank Senior Manager Credit Salaries by Location