Indian Bank Chief Manager Credit Salaries by 10 Employees (Updated 2025)

12 - 27 years exp.

₹17.2 Lakhs - ₹35 Lakhs

Low Confidence

Salary of majority employees

17% more than the average Chief Manager Credit Salary in Banking Companies for 12 - 27 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Credit Salary 12 - 27 years exp. (7 salaries)	₹17.2 L/yr - ₹35 L/yr
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Finance & Accounting Chief Manager Credit Salary 12 - 13 years exp. (3 salaries)	₹25 L/yr - ₹30 L/yr

Last Updated: 17 Jan 2025

Companies similar to Indian Bank for Chief Manager Credit

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Chief Manager Credit Salary 5 - 11 years exp. (5 salaries)	₹17.8 L/yr - ₹20.5 L/yr 31% less
Punjab National Bank Chief Manager Credit Salary 7 - 14 years exp. (20 salaries)	₹14 L/yr - ₹36 L/yr 8% more
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Bank of Baroda Chief Manager Credit Salary 8 - 14 years exp. (24 salaries)	₹16.8 L/yr - ₹37 L/yr 5% more
Kotak Mahindra Bank Chief Manager Credit Salary 6 - 12 years exp. (27 salaries)	₹9 L/yr - ₹22 L/yr 48% less
Union Bank of India Chief Manager Credit Salary 12 - 19 years exp. (16 salaries)	₹18 L/yr - ₹35 L/yr 8% less
Central Bank of India Chief Manager Credit Salary 9 - 13 years exp. (5 salaries)	₹14 L/yr - ₹21 L/yr 39% less
IDFC FIRST Bank Chief Manager Credit Salary 9 - 14 years exp. (5 salaries)	₹13 L/yr - ₹16.8 L/yr 47% less
Indian Overseas Bank Chief Manager Credit Salary 9 - 11 years exp. (3 salaries)	₹14.5 L/yr - ₹30 L/yr 16% less

Chief Manager Credit salary at Indian Bank ranges between ₹17.2 Lakhs to ₹35 Lakhs per year for employees with experience between 12 years to 27 years. Salary estimates are based on 10 latest salaries received from various employees of Indian Bank.

Experience wise Indian Bank Chief Manager Credit salaries

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
12 years (3 salaries)	₹25 L/yr - ₹30 L/yr
13 years (3 salaries)	₹17.2 L/yr - ₹35 L/yr
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14 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹49.9 L/yr
15+ years (3 salaries)	₹24.8 L/yr - ₹51.1 L/yr

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Salary related reviews for Indian Bank

3.0

Rated by 1 employees for salary & benefits

Chief Manager Credit in Chennai

BFSI, Investments & Trading Department

5.0

• posted on 21 Apr 2021

3.0

for Salary and Benefits

Likes

Everyone can take part in decision making. Integrity is integral part. The work culture had then this bank to be at the apex of all Banks in terms of profitability and we have endured the testing time in baking industry.

Dislikes

compensation front

Assistant Branch Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 05 Jul 2024

3.0

for Salary and Benefits

Likes

Salary in PSBs is the only thing you can term as a positive.

Dislikes

Work life balance is non existent. Management will bluntly put it that they do not care about your health or mental condition. Targets are unrealistic and everybody is out to pressurize branches as much possible, even encouraging unethical and fraudulent practices. HR is non existent. You will be forced to work long hours to satisfy the ego of the management. Join at your own risk.

Assistant Branch Manager in Arambagh

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Mar 2022

3.0

for Salary and Benefits

Likes

...f diversified roles in various verticals along different geographical locations.The employees enjoy several Perks and allowances alongside their salary.It has a great job security and social status too.

Dislikes

The job can be a bit monotonus and repetitive at times. The salary is decent at first but the growth is stagnant after a time period. The far off rural postings brings several challenges and hardships too. The transfers are frequent.

Branch Manager in Chennai

BFSI, Investments & Trading Department

3.0

• posted on 19 Mar 2022

4.0

for Salary and Benefits

Likes

Job security, some of good Managers, Salary and Compensation is good. Its a government job but culture is quite like private job.

Dislikes

Very much shortage of Staff, Some of the Mangement staff Behaviour is rude and Superior behaves like bossy. Too much workload due to immensely shortage of Staff. Bad promotion policy . Not all the time deserving candidate gets promotion. Transfer policy is poor. They do not consider your request unless you know someone who has influence.

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 28 Nov 2024

5.0

for Salary and Benefits

Likes

Job security, good pay, ability to gain knowledge and connections.

Dislikes

Impossible targets, harassing in meeting stating transfers, expecting to work overtime even on holidays, unapproachable and unheedful HR personnel.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Indian Bank Chief Manager Credit Salary FAQs

What is the salary of Chief Manager Credit at Indian Bank?

Chief Manager Credit salary at Indian Bank in India ranges between ₹17.2 Lakhs to ₹35.0 Lakhs for experience between 12 years to 27 years. According to our estimates it is 17% more than the average Chief Manager Credit Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Indian Bank India.

How does the salary of a Chief Manager Credit at Indian Bank India compare with the average salary range for this job?

The average salary of a Chief Manager Credit at Indian Bank is 17% more than the average salary of a Chief Manager Credit in India. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Bank to a Chief Manager Credit in India?

Punjab National Bank Chief Manager Credit Salary - ₹14.0 Lakhs to ₹36.0 Lakhs per year
Bank of Baroda Chief Manager Credit Salary - ₹16.8 Lakhs to ₹37.0 Lakhs per year

What is the salary of a Chief Manager Credit in companies similar to Indian Bank in India?

Union Bank of India Chief Manager Credit Salary - ₹18.0 Lakhs to ₹35.0 Lakhs per year
Indian Overseas Bank Chief Manager Credit Salary - ₹14.5 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Chief Manager Credit Salary - ₹17.8 Lakhs to ₹20.5 Lakhs per year
Central Bank of India Chief Manager Credit Salary - ₹14.0 Lakhs to ₹21.0 Lakhs per year
IDFC FIRST Bank Chief Manager Credit Salary - ₹13.0 Lakhs to ₹16.8 Lakhs per year

What is the estimated take home salary of a Chief Manager Credit at Indian Bank in India?

The estimated take-home salary of a Chief Manager Credit at Indian Bank ranges between ₹1,72,952 per month to ₹1,79,635 per month in India. The take-home salary calculation is based on the average Indian Bank Chief Manager Credit salary in India which ranges between ₹17.2 Lakhs to ₹35.0 Lakhs per year for employees with experience between 12 years to 27 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager Credit at Indian Bank?

According to AmbitionBox, 91% of the Indian Bank Chief Manager Credits reported a notice period of 3 Months, 9% reported a notice period of More than 3 months.This is based on 11 responses on AmbitionBox in last 2 years.

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Indian Bank Chief Manager Credit Salaries

Indian Bank Chief Manager Credit salary in India ranges between ₹17.2 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Indian Bank latest salaries received from various employees of Indian Bank.