IDFC FIRST Bharat Credit Manager Salaries by 60+ Employees (Updated 2025)

3 - 10 years exp.

₹3.5 Lakhs - ₹8.3 Lakhs

Salary of majority employees

35% less than the average Credit Manager Salary in Financial Services Companies for 3 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 10 years exp. (27 salaries)	₹3.5 L/yr - ₹6.6 L/yr
Finance & Accounting Credit Manager Salary 4 - 9 years exp. (13 salaries)	₹4.2 L/yr - ₹6.2 L/yr
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Risk Management & Compliance Credit Manager Salary 3 - 10 years exp. (12 salaries)	₹3.6 L/yr - ₹8.3 L/yr
Data Science & Analytics Credit Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.7 L/yr

Last Updated: 13 Feb 2025

Companies similar to IDFC FIRST Bharat for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.3 L/yr 66% more	6 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	₹4 L/yr - ₹17.1 L/yr 96% more
Login to view exact salary
Axis Bank Credit Manager Salary 0 - 12 years exp. (823 salaries)	₹4 L/yr - ₹14.8 L/yr 71% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 78% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (442 salaries)	₹4.2 L/yr - ₹14.6 L/yr 68% more	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (228 salaries)	₹3.4 L/yr - ₹12.8 L/yr 52% more
RBL Bank Credit Manager Salary 2 - 10 years exp. (141 salaries)	₹2.4 L/yr - ₹11.3 L/yr 27% more
Standard Chartered Credit Manager Salary 4 - 12 years exp. (55 salaries)	₹7 L/yr - ₹22 L/yr 171% more
HSBC Group Credit Manager Salary 1 - 10 years exp. (24 salaries)	₹4.6 L/yr - ₹17.6 L/yr 116% more	1 job opening
Tata Capital Credit Manager Salary 0 - 11 years exp. (436 salaries)	₹4 L/yr - ₹13 L/yr 54% more	4 job openings
Bajaj Finserv Credit Manager Salary 0 - 9 years exp. (391 salaries)	₹2.5 L/yr - ₹8.5 L/yr 15% more
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Bajaj Finance Credit Manager Salary 1 - 9 years exp. (194 salaries)	₹2.4 L/yr - ₹9 L/yr 15% more
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (159 salaries)	₹4 L/yr - ₹10.8 L/yr 47% more
Cholamandalam Investment & Finance Credit Manager Salary 2 - 13 years exp. (155 salaries)	₹2 L/yr - ₹10.1 L/yr 11% more
Shriram Finance Credit Manager Salary 0 - 12 years exp. (140 salaries)	₹1.8 L/yr - ₹10.3 L/yr 18% more	2 job openings
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (81 salaries)	₹3 L/yr - ₹9 L/yr 2% more
Citicorp Credit Manager Salary 5 - 14 years exp. (37 salaries)	₹6.9 L/yr - ₹27.9 L/yr 215% more
HDFC Sales Credit Manager Salary 3 - 11 years exp. (23 salaries)	₹3 L/yr - ₹8.7 L/yr 12% more
LIC Housing Finance Credit Manager Salary 3 - 13 years exp. (9 salaries)	₹8 L/yr - ₹30 L/yr 263% more
Wells Fargo Credit Manager Salary 2 - 11 years exp. (5 salaries)	₹7.7 L/yr - ₹25 L/yr 247% more

View all

Credit Manager salary at IDFC FIRST Bharat ranges between ₹3.5 Lakhs to ₹8.3 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 69 latest salaries received from various employees of IDFC FIRST Bharat .

Experience wise IDFC FIRST Bharat Credit Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
3 years (7 salaries)	₹3.5 L/yr - ₹6.2 L/yr
4 years (7 salaries)	₹3.7 L/yr - ₹5 L/yr
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5 years (11 salaries)	₹3.7 L/yr - ₹5.9 L/yr
6 years (17 salaries)	₹3.6 L/yr - ₹6.5 L/yr
7 years (8 salaries)	₹3.5 L/yr - ₹6 L/yr
8 years (9 salaries)	₹4.2 L/yr - ₹6.6 L/yr
9 years (5 salaries)	₹4 L/yr - ₹5.9 L/yr
10 years (5 salaries)	₹5 L/yr - ₹8.3 L/yr

View all

Similar Designation salaries in IDFC FIRST Bharat

Credit Officer Salary

(5 salaries)

₹1.7 L/yr - ₹3.72 L/yr

Area Credit Manager Salary

(6 salaries)

₹4.4 L/yr - ₹7.2 L/yr

Branch Manager Salary

(114 salaries)

₹2.6 L/yr - ₹9.35 L/yr

Deputy Manager Salary

(93 salaries)

₹3.19 L/yr - ₹7.65 L/yr

Chief Manager Salary

(30 salaries)

₹7.45 L/yr - ₹19.74 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.6 L/yr

Sales Manager Salary

(146 salaries)

₹2.2 L/yr - ₹7.25 L/yr

Branch Credit Manager Salary

(259 salaries)

₹3.05 L/yr - ₹7.2 L/yr

Deputy Credit Manager Salary

(6 salaries)

₹3.75 L/yr - ₹4.55 L/yr

Top skills at IDFC FIRST Bharat for Credit Manager

Supervision Management Underwriting Sales Front End SLAS Banking Retail Banking Leased Line Switching ESIC Tender Estimation Corba XML Credit appraisal

Salary related reviews for IDFC FIRST Bharat

4.4

Rated by 23 employees for salary & benefits

Relationship Manager in Madurai

Full Time

Finance & Accounting Department

5.0

• posted on 15 Dec 2023

5.0

for Salary and Benefits

Likes

Salary is good as comparing other companys. Incentive benefits and conveyance benefits. Doms is provided by company. 2nd&4th saturday holidays.

Salary - Excellent

+6 more

Dislikes

GRM working hours is high(6.00am to 8:30pm) 14 hrs 30 mins working time.

Branch Credit Manager in Valappadi

Full Time

Risk Management & Compliance Department

4.0

• posted on 29 Nov 2023

3.0

for Salary and Benefits

Likes

Salary every month credited in month end no delayed . Business team side given lot of promotion oppertunity. Yearly once given abroad travelling complimentary for JFM. Employee afternoon lunch provided is good .

Skill development - Good

+3 more

Dislikes

Morning office time for 8:30 AM.

Relationship Manager in Ramanathapuram

Full Time

Sales & Business Development Department

3.0

• posted on 29 Nov 2023

2.0

for Salary and Benefits

Likes

Every month conduct month end celebration is so good, it's motivated to work.

Dislikes

Employee salary is low , and benefits is not satisfied. Promotion is taken by politics, it's not giving to best employees. So it's weast , so please don't recommend in this company

Salary - Poor

+5 more

Branch Credit Manager in Thiruvananthapuram

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 06 Jun 2023

4.0

for Salary and Benefits

Likes

On time salary, yearly increment, banking holidays.

Salary - Good

+2 more

Dislikes

Full of politics, supersivors don't have good knowledge. You should have a Godfather for appraisal and promotions. Office politics and gossips matters. Bad work culture.

Skill development - Poor

+2 more

Relationship Manager in Vaiyampatti

Full Time

Sales & Business Development Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

This Company Provide To Good Salary and Incentives.... Promotion To the Employee in Our Work Performance.....

Salary - Excellent

+5 more

Dislikes

Plss Introducing The Development Team...Our company more Improvement In Business Vaise and Cultural vaise HR Take all branches no visit he work Heavy and not concentrate Product only Man handling....This Development Team Introducing Man handling and Product Vise complaint Take to Employee and People...Rectify And Our Company Policies Discuss....IDFC First Bharat 1st place in Tamilnadu.....But not in India so Small changes Rectify Our Company In Top Of India.....in Over all Companies.....Pls Introducing Development Team.....👍👍👍👍

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IDFC FIRST Bharat Credit Manager Salary FAQs

What is the salary of Credit Manager at IDFC FIRST Bharat ?

Credit Manager salary at IDFC FIRST Bharat in India ranges between ₹3.5 Lakhs to ₹8.3 Lakhs for experience between 3 years to 10 years. According to our estimates it is 35% less than the average Credit Manager Salary in India. Salary estimates are based on 69 latest salaries received from various employees of IDFC FIRST Bharat India.

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

The average salary of a Credit Manager at IDFC FIRST Bharat is 35% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at IDFC FIRST Bharat ?

Supervision, Management, Underwriting, Sales and Front End are some of the popular skills required to work as a Credit Manager at IDFC FIRST Bharat India.

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

American Express Credit Manager Salary - ₹15.7 Lakhs to ₹35.0 Lakhs per year
LIC Housing Finance Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Wells Fargo Credit Manager Salary - ₹7.7 Lakhs to ₹25.0 Lakhs per year
Citicorp Credit Manager Salary - ₹6.9 Lakhs to ₹27.9 Lakhs per year
Standard Chartered Credit Manager Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year

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

HSBC Group Credit Manager Salary - ₹4.6 Lakhs to ₹17.6 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.1 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.8 Lakhs per year
Yes Bank Credit Manager Salary - ₹4.2 Lakhs to ₹14.6 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IDFC FIRST Bharat ranges between ₹38,333 per month to ₹39,523 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bharat Credit Manager salary in India which ranges between ₹3.5 Lakhs to ₹8.3 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 81% of the IDFC FIRST Bharat Credit Managers reported a notice period of 3 Months, 12% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 68 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bharat Credit Manager Salaries by Location

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IDFC FIRST Bharat Credit Manager Salaries

IDFC FIRST Bharat Credit Manager salary in India ranges between ₹3.5 Lakhs to ₹8.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 69 IDFC FIRST Bharat latest salaries received from various employees of IDFC FIRST Bharat .

IDFC FIRST Bharat Credit Manager salaries in India (Updated 2025)

Companies similar to IDFC FIRST Bharat for Credit Manager

Latest annual salaries shared by IDFC FIRST Bharat Credit Manager

Experience wise IDFC FIRST Bharat Credit Manager salaries

Similar Designation salaries in IDFC FIRST Bharat

Top skills at IDFC FIRST Bharat for Credit Manager

Salary related reviews for IDFC FIRST Bharat

Relationship Manager in Madurai

Branch Credit Manager in Valappadi

Relationship Manager in Ramanathapuram

Branch Credit Manager in Thiruvananthapuram

Relationship Manager in Vaiyampatti

IDFC FIRST Bharat Credit Manager Salary FAQs

Tell us how to improve this page.

IDFC FIRST Bharat Credit Manager Salaries by Location