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Indian Bank Credit Manager salaries in Chennai (Updated 2025)

Annual salary range
0 - 8 years exp.
₹12 Lakhs - ₹17 Lakhs
Salary of majority employees
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66% more than the average Credit Manager Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹14.2 L/yr

Finance & Accounting
Credit Manager Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹13.7 L/yr - ₹16.5 L/yr

Last Updated: 9 Feb 2025

Companies similar to Indian Bank for Credit Manager in Chennai

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Indian Bank Credit Manager Salary

0 - 8 years exp. (6 salaries)

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₹12 L/yr - ₹17 L/yr

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

0 - 11 years exp. (176 salaries)

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₹2.8 L/yr - ₹13 L/yr

arrow icon 44% less
5 job openings
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (168 salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 33% less
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Axis Bank Credit Manager Salary

0 - 12 years exp. (47 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 35% less
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State Bank of India Credit Manager Salary

6 - 13 years exp. (8 salaries)

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₹13 L/yr - ₹32 L/yr

arrow icon 57% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 9 years exp. (38 salaries)

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₹4 L/yr - ₹13.2 L/yr

arrow icon 34% less
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Yes Bank Credit Manager Salary

0 - 10 years exp. (63 salaries)

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₹3.4 L/yr - ₹11 L/yr

arrow icon 42% less
1 job opening
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IndusInd Bank Credit Manager Salary

3 - 12 years exp. (17 salaries)

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₹3.5 L/yr - ₹13.2 L/yr

arrow icon 44% less
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IDFC FIRST Bank Credit Manager Salary

1 - 10 years exp. (31 salaries)

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₹3.5 L/yr - ₹12.8 L/yr

arrow icon 40% less
1 job opening
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Federal Bank Credit Manager Salary

2 - 10 years exp. (11 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 11% more
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Barclays Credit Manager Salary

6 - 11 years exp. (24 salaries)

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₹13.1 L/yr - ₹26 L/yr

arrow icon 43% more
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₹3 L/yr - ₹9.3 L/yr

arrow icon 66% less
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Jana Small Finance Bank Credit Manager Salary

4 - 11 years exp. (15 salaries)

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₹3.5 L/yr - ₹6.6 L/yr

arrow icon 62% less
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DBS Bank Credit Manager Salary

5 - 11 years exp. (5 salaries)

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₹7.5 L/yr - ₹18.7 L/yr

arrow icon 8% more
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Indian Overseas Bank Credit Manager Salary

7 - 12 years exp. (4 salaries)

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₹12.2 L/yr - ₹16.1 L/yr

arrow icon 11% more
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Bank of Baroda Credit Manager Salary

5 - 12 years exp. (4 salaries)

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₹12 L/yr - ₹18.5 L/yr

arrow icon 25% more
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₹4.2 L/yr - ₹6.1 L/yr

arrow icon 59% less
1 job opening

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Credit Manager salary at Indian Bank ranges between ₹12 Lakhs to ₹17 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Credit Manager in Chennai

3w ago
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6 years exp.
1mo ago
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8 years exp.
6mo ago
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1 year exp.
10mo ago
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1 year exp.
1y ago
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8 months exp.
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7 years exp.

Experience wise Indian Bank Credit Manager salaries in Chennai

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹12 L/yr - ₹23.4 L/yr
1 year (AmbitionBox Estimate)

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₹12 L/yr - ₹23.7 L/yr
2 years (AmbitionBox Estimate)

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₹12 L/yr - ₹15.4 L/yr
3 years (AmbitionBox Estimate)

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₹12.2 L/yr - ₹15.5 L/yr
4 years (AmbitionBox Estimate)

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₹12.3 L/yr - ₹15.7 L/yr
View all
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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unlock blur 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

Chief Manager Salary
(15 salaries)
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₹12.5 L/yr - ₹32 L/yr
Branch Manager Salary
(6 salaries)
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₹10 L/yr - ₹20.9 L/yr
Credit Analyst Salary
(4 salaries)
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₹9 L/yr - ₹15.5 L/yr

Salary related reviews for Indian Bank

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.

read more
  • 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.

read more
  • 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.

read more
  • 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
see more salary related reviews

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Indian Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Indian Bank Chennai?
Credit Manager salary at Indian Bank in Chennai ranges between ₹12.0 Lakhs to ₹17.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 66% more than the average Credit Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Indian Bank Chennai.
How does the salary of a Credit Manager at Indian Bank Chennai compare with the average salary range for this job?
The average salary of a Credit Manager at Indian Bank is 66% more than the average salary of a Credit Manager in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Credit Manager in Chennai?
  • State Bank of India Credit Manager Salary - ₹13.0 Lakhs to ₹32.0 Lakhs per year
  • Barclays Credit Manager Salary - ₹13.1 Lakhs to ₹26.0 Lakhs per year
  • Bank of Baroda Credit Manager Salary - ₹12.0 Lakhs to ₹18.5 Lakhs per year
  • Indian Overseas Bank Credit Manager Salary - ₹12.2 Lakhs to ₹16.1 Lakhs per year
  • Federal Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to Indian Bank in Chennai?
  • DBS Bank Credit Manager Salary - ₹7.5 Lakhs to ₹18.7 Lakhs per year
  • ICICI Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
  • Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.2 Lakhs per year
  • Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
  • IDFC FIRST Bank Credit Manager Salary - ₹3.5 Lakhs to ₹12.8 Lakhs per year
What is the estimated take home salary of a Credit Manager at Indian Bank in Chennai?
The estimated take-home salary of a Credit Manager at Indian Bank ranges between ₹96,280 per month to ₹98,881 per month in Chennai. The take-home salary calculation is based on the average Indian Bank Credit Manager salary in India which ranges between ₹12.0 Lakhs to ₹17.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at Indian Bank in Chennai?
According to AmbitionBox, 60% of the Indian Bank Credit Managers in Chennai reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Bank Credit Manager salary in Chennai ranges between ₹12 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Indian Bank latest salaries received from various employees of Indian Bank.