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Indian Bank Credit Manager salaries in India (Updated 2025)

Annual salary range
0 - 9 years exp.
₹9 Lakhs - ₹17 Lakhs
Salary of majority employees
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61% more than the average Credit Manager Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

Finance & Accounting
Credit Manager Salary
0 - 8 years exp. (16 salaries)
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₹9 L/yr - ₹16.5 L/yr

BFSI, Investments & Trading
Credit Manager Salary
1 - 9 years exp. (13 salaries)
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₹9 L/yr - ₹17 L/yr

Data Science & Analytics
Credit Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹13.1 L/yr

Last Updated: 9 Feb 2025

Companies similar to Indian Bank for Credit Manager

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

0 - 12 years exp. (2.7k salaries)

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₹3.5 L/yr - ₹14.1 L/yr

arrow icon 32% less
5 job openings
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.3k salaries)

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₹4 L/yr - ₹17.5 L/yr

arrow icon 20% less
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Axis Bank Credit Manager Salary

0 - 12 years exp. (818 salaries)

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₹3.5 L/yr - ₹14.8 L/yr

arrow icon 31% less
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State Bank of India Credit Manager Salary

3 - 14 years exp. (47 salaries)

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₹10 L/yr - ₹32 L/yr

arrow icon 56% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (1k salaries)

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₹3.7 L/yr - ₹14.5 L/yr

arrow icon 28% less
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Yes Bank Credit Manager Salary

0 - 10 years exp. (442 salaries)

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₹4.2 L/yr - ₹14.6 L/yr

arrow icon 32% less
1 job opening
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (231 salaries)

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₹2.9 L/yr - ₹13 L/yr

arrow icon 38% less
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (676 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 38% less
1 job opening
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RBL Bank Credit Manager Salary

2 - 10 years exp. (141 salaries)

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₹2.4 L/yr - ₹11.3 L/yr

arrow icon 48% less
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Federal Bank Credit Manager Salary

2 - 12 years exp. (87 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 24% more
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Credit Manager salary at Indian Bank ranges between ₹9 Lakhs to ₹17 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 40 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Credit Manager

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Experience wise Indian Bank Credit Manager salaries

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹9 L/yr - ₹12 L/yr
1 year  (12 salaries)

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₹9 L/yr - ₹13.8 L/yr
2 years  (3 salaries)

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₹12 L/yr - ₹21.8 L/yr
3 years (AmbitionBox Estimate)

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₹12 L/yr - ₹22.1 L/yr
4 years (AmbitionBox Estimate)

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₹12 L/yr - ₹14 L/yr
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Indian Bank Credit Manager Salary and Career Growth

From

To

Credit Manager

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0 - 9 years exp.

Senior Manager Credit

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5 - 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 Indian Bank

Credit Officer Salary
(5 salaries)
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₹9 L/yr - ₹12.5 L/yr
Branch Manager Salary
(84 salaries)
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₹5.95 L/yr - ₹21.8 L/yr
Deputy Manager Salary
(4 salaries)
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₹5.1 L/yr - ₹18 L/yr
Chief Manager Salary
(77 salaries)
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₹12.5 L/yr - ₹40 L/yr
Credit Analyst Salary
(10 salaries)
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₹9 L/yr - ₹15.5 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
Credit Executive Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr
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₹10 L/yr - ₹12 L/yr
Sales Officer Salary
(4 salaries)
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₹2.2 L/yr - ₹3 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr

Salary related reviews for Indian Bank

2.6

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Good
  • +2 more

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.

read more
  • Work satisfaction - Poor
  • +1 more

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.

  • Salary - Excellent
  • +4 more

Dislikes

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

read more
  • Company culture - Poor

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 24 Jul 2024

4.0
 for  Salary and Benefits

Likes

Salary and allowances are decent. And if you are lucky enough to get a good manager, you life will be good.

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  • Salary - Good
  • +1 more

Dislikes

Extremely bad work culture. Huge burden of targets, even new joinees are not spared! They won't give you an opportunity to learn, they only care about their business figures! Bad postings in unlivable rural areas. Yes perks and allowances are good, but often times you have to beg them to get those. Corrupt practices undertaken by HRM section, people of certain communities are given preference over the other. And if you dare to raise your voice against such injustice, you will be harassed even more.

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  • Skill development - Poor
  • +4 more

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.

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  • Skill development - Bad
  • +4 more

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.

read more
  • Job security - Excellent
  • +3 more

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.

read more
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Indian Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Indian Bank?
Credit Manager salary at Indian Bank in India ranges between ₹9.0 Lakhs to ₹17.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 61% more than the average Credit Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of Indian Bank India.
How does the salary of a Credit Manager at Indian Bank India compare with the average salary range for this job?
The average salary of a Credit Manager at Indian Bank is 61% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Credit Manager in India?
  • Barclays Credit Manager Salary - ₹11.2 Lakhs to ₹27.0 Lakhs per year
  • State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
  • Canara Bank Credit Manager Salary - ₹11.1 Lakhs to ₹26.0 Lakhs per year
  • IDBI Bank Credit Manager Salary - ₹8.0 Lakhs to ₹28.9 Lakhs per year
  • Bank of Baroda Credit Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to Indian Bank in India?
  • Deutsche Bank Credit Manager Salary - ₹7.8 Lakhs to ₹27.0 Lakhs per year
  • Punjab National Bank Credit Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
  • Federal Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • Union Bank of India Credit Manager Salary - ₹6.6 Lakhs to ₹20.0 Lakhs per year
  • Indian Overseas Bank Credit Manager Salary - ₹11.0 Lakhs to ₹17.0 Lakhs per year
What is the estimated take home salary of a Credit Manager at Indian Bank in India?
The estimated take-home salary of a Credit Manager at Indian Bank ranges between ₹88,914 per month to ₹91,249 per month in India. The take-home salary calculation is based on the average Indian Bank Credit Manager salary in India which ranges between ₹9.0 Lakhs to ₹17.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at Indian Bank?
According to AmbitionBox, 54% of the Indian Bank Credit Managers reported a notice period of 1 Month, 36% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 39 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Bank Credit Manager salary in India ranges between ₹9 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 40 Indian Bank latest salaries received from various employees of Indian Bank.