Indian Bank Credit Manager Salaries by 40+ Employees (Updated 2025)

0 - 9 years exp.

₹9 Lakhs - ₹17 Lakhs

Salary of majority employees

Unlock

61% more than the average Credit Manager Salary in Banking Companies for 0 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 8 years exp. (16 salaries)	Unlock ₹9 L/yr - ₹16.5 L/yr
BFSI, Investments & Trading Credit Manager Salary 1 - 9 years exp. (13 salaries)	Unlock ₹9 L/yr - ₹17 L/yr
Login to view exact salary
Data Science & Analytics Credit Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹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
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	Unlock ₹3.5 L/yr - ₹14.1 L/yr 33% less	4 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	Unlock ₹4 L/yr - ₹17.5 L/yr 20% less
Login to view exact salary
Axis Bank Credit Manager Salary 0 - 12 years exp. (818 salaries)	Unlock ₹4 L/yr - ₹14.8 L/yr 30% less
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	Unlock ₹10 L/yr - ₹32 L/yr 56% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	Unlock ₹3.8 L/yr - ₹14.5 L/yr 28% less
Yes Bank Credit Manager Salary 0 - 10 years exp. (442 salaries)	Unlock ₹4.1 L/yr - ₹14.9 L/yr 33% less	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (227 salaries)	Unlock ₹3.2 L/yr - ₹13 L/yr 39% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (821 salaries)	Unlock ₹3.6 L/yr - ₹12.8 L/yr 34% less	1 job opening
RBL Bank Credit Manager Salary 2 - 10 years exp. (141 salaries)	Unlock ₹2.4 L/yr - ₹11.3 L/yr 48% less
Federal Bank Credit Manager Salary 2 - 12 years exp. (87 salaries)	Unlock ₹10 L/yr - ₹20 L/yr 24% more

View all

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

2w ago

Unlock

6 years exp.

1mo ago

Unlock

8 years exp.

1mo ago

Unlock

1 year exp.

1mo ago

Unlock

2 years exp.

1mo ago

Unlock

1 year exp.

2mo ago

Unlock

1 year exp.

4mo ago

Unlock

1 year exp.

4mo ago

Unlock

5 years exp.

5mo ago

Unlock

1 year exp.

5mo ago

Unlock

8 years exp.

Experience wise Indian Bank Credit Manager salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	Unlock ₹9 L/yr - ₹12 L/yr
1 year (12 salaries)	Unlock ₹9 L/yr - ₹13.8 L/yr
Login to view exact salary
2 years (3 salaries)	Unlock ₹12 L/yr - ₹21.8 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹22.1 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹14 L/yr
5 years (6 salaries)	Unlock ₹9 L/yr - ₹16 L/yr
6 years (3 salaries)	Unlock ₹9.5 L/yr - ₹17 L/yr
7 years (4 salaries)	Unlock ₹11 L/yr - ₹15 L/yr
8 years (3 salaries)	Unlock ₹5.2 L/yr - ₹17 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹11 L/yr - ₹23.9 L/yr

View all

From

Credit Manager

Unlock

0 - 9 years exp.

Senior Manager Credit

Unlock

₹

Lakhs/yr

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)

Unlock

₹9 L/yr - ₹12.5 L/yr

Branch Manager Salary

(84 salaries)

Unlock

₹5.95 L/yr - ₹21.8 L/yr

Deputy Manager Salary

(4 salaries)

Unlock

₹5.1 L/yr - ₹18 L/yr

Chief Manager Salary

(72 salaries)

Unlock

₹12.5 L/yr - ₹40 L/yr

Credit Analyst Salary

(10 salaries)

Unlock

₹9 L/yr - ₹15.5 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

Unlock

₹3.7 L/yr - ₹4.7 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

Unlock

₹2.2 L/yr - ₹2.8 L/yr

Assistant Credit Manager Salary

(3 salaries)

Unlock

₹10 L/yr - ₹12 L/yr

Sales Officer Salary

(4 salaries)

Unlock

₹2.2 L/yr - ₹3 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

Unlock

₹9.9 L/yr - ₹12.6 L/yr

Salary related reviews for Indian Bank

2.6

Rated by 2 employees for salary & benefits

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.

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.

Work satisfaction - Poor

+1 more

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.

Salary - Excellent

+4 more

Dislikes

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

Company culture - Poor

Assistant Manager in Nadia

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.

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.

Skill development - Poor

+4 more

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.

Skill development - Bad

+4 more

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.

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (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... read more

Got a question about Indian Bank?

Ask anonymously on communities.

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?

State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
Barclays Credit Manager Salary - ₹9.2 Lakhs to ₹26.0 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 - ₹8.0 Lakhs to ₹22.0 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 Salaries by Location

Home >
Salaries >
Indian Bank Salaries >
Indian Bank Credit Manager Salaries

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

Indian Bank Credit Manager salaries in India (Updated 2025)

Companies similar to Indian Bank for Credit Manager

Latest annual salaries shared by Indian Bank Credit Manager

Experience wise Indian Bank Credit Manager salaries

Similar Designation salaries in Indian Bank