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

5 - 13 years exp.

₹14.5 Lakhs - ₹23.5 Lakhs

Salary of majority employees

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36% more than the average Senior Manager Credit Salary in Banking Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 8 - 13 years exp. (7 salaries)	Unlock ₹16 L/yr - ₹23.5 L/yr
Finance & Accounting Senior Manager Credit Salary 5 - 11 years exp. (6 salaries)	Unlock ₹14.5 L/yr - ₹20 L/yr
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Risk Management & Compliance Senior Manager Credit Salary 10 - 11 years exp. (AmbitionBox Estimate)	Unlock ₹18.5 L/yr - ₹19.6 L/yr

Last Updated: 17 Feb 2025

Companies similar to Indian Bank for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Manager Credit Salary 8 - 13 years exp. (5 salaries)	Unlock ₹14 L/yr - ₹23 L/yr 10% less
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (326 salaries)	Unlock ₹7.8 L/yr - ₹21 L/yr 26% less	1 job opening
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ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (159 salaries)	Unlock ₹7 L/yr - ₹22.8 L/yr 21% less
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (120 salaries)	Unlock ₹10 L/yr - ₹26.9 L/yr 12% less
Punjab National Bank Senior Manager Credit Salary 5 - 11 years exp. (64 salaries)	Unlock ₹10.4 L/yr - ₹32 L/yr 26% more
Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (48 salaries)	Unlock ₹12 L/yr - ₹28 L/yr 10% more
Canara Bank Senior Manager Credit Salary 6 - 13 years exp. (27 salaries)	Unlock ₹16 L/yr - ₹35 L/yr 24% more
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (386 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 33% less
Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (188 salaries)	Unlock ₹7.8 L/yr - ₹17 L/yr 32% less
IDBI Bank Senior Manager Credit Salary 6 - 12 years exp. (5 salaries)	Unlock ₹14 L/yr - ₹18 L/yr 13% less
IDFC FIRST Bank Senior Manager Credit Salary 2 - 12 years exp. (81 salaries)	Unlock ₹6.3 L/yr - ₹16 L/yr 41% less
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AU Small Finance Bank Senior Manager Credit Salary 3 - 12 years exp. (61 salaries)	Unlock ₹4.7 L/yr - ₹15.5 L/yr 48% less
Union Bank of India Senior Manager Credit Salary 7 - 14 years exp. (48 salaries)	Unlock ₹11 L/yr - ₹28.5 L/yr 8% more
Jana Small Finance Bank Senior Manager Credit Salary 3 - 10 years exp. (38 salaries)	Unlock ₹3.1 L/yr - ₹12 L/yr 64% less
Standard Chartered Senior Manager Credit Salary 4 - 12 years exp. (21 salaries)	Unlock ₹10.4 L/yr - ₹33.4 L/yr 18% more
IndusInd Bank Senior Manager Credit Salary 3 - 12 years exp. (20 salaries)	Unlock ₹8 L/yr - ₹23.5 L/yr 30% less
Bank of Maharashtra Senior Manager Credit Salary 6 - 14 years exp. (18 salaries)	Unlock ₹13 L/yr - ₹24 L/yr 7% less
Bandhan Bank Senior Manager Credit Salary 5 - 9 years exp. (15 salaries)	Unlock ₹8.8 L/yr - ₹20.9 L/yr 19% less
Federal Bank Senior Manager Credit Salary 3 - 14 years exp. (14 salaries)	Unlock ₹14 L/yr - ₹22 L/yr 5% more
Central Bank of India Senior Manager Credit Salary 10 - 15 years exp. (6 salaries)	Unlock ₹14.5 L/yr - ₹22 L/yr 2% less

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Senior Manager Credit salary at Indian Bank ranges between ₹14.5 Lakhs to ₹23.5 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 18 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Senior Manager Credit

2d ago

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13 years exp.

3w ago

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12 years exp.

3mo ago

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11 years exp.

1y ago

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10 years exp.

1y ago

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11 years exp.

1y ago

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11 years exp.

1y ago

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11 years exp.

1y ago

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6 years exp.

1y ago

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10 years exp.

1y ago

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5 years exp.

Experience wise Indian Bank Senior Manager Credit salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹14.5 L/yr - ₹18 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹16 L/yr - ₹32.2 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹16.3 L/yr - ₹20.8 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹16 L/yr - ₹32.9 L/yr
9 years (3 salaries)	Unlock ₹18 L/yr - ₹33.3 L/yr
10 years (4 salaries)	Unlock ₹18.5 L/yr - ₹23 L/yr
11 years (4 salaries)	Unlock ₹18.5 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹7.7 L/yr - ₹21.5 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹7.7 L/yr - ₹23.5 L/yr

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Similar Designation salaries in Indian Bank

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₹9 L/yr - ₹17 L/yr

Deputy Manager Salary

(4 salaries)

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₹5.1 L/yr - ₹18 L/yr

Chief Manager Salary

(72 salaries)

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₹12.5 L/yr - ₹40 L/yr

Branch Manager Salary

(84 salaries)

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₹5.95 L/yr - ₹21.8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

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₹9 L/yr - ₹11.5 L/yr

Senior Credit Officer Salary

(3 salaries)

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₹15 L/yr - ₹35 L/yr

Credit Analyst Salary

(10 salaries)

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₹9 L/yr - ₹15.5 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.6 L/yr

Credit Officer Salary

(5 salaries)

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₹9 L/yr - ₹12.5 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Indian Bank

3.0

Rated by 5 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

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Indian Bank Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at Indian Bank in India ranges between ₹14.5 Lakhs to ₹23.5 Lakhs for experience between 5 years to 13 years. According to our estimates it is 36% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Indian Bank India.

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

The average salary of a Senior Manager Credit at Indian Bank is 36% more than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

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

Punjab National Bank Senior Manager Credit Salary - ₹10.4 Lakhs to ₹32.0 Lakhs per year
Canara Bank Senior Manager Credit Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹33.4 Lakhs per year
Bank of Baroda Senior Manager Credit Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Union Bank of India Senior Manager Credit Salary - ₹11.0 Lakhs to ₹28.5 Lakhs per year

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

Federal Bank Senior Manager Credit Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
Indian Overseas Bank Senior Manager Credit Salary - ₹17.0 Lakhs to ₹21.0 Lakhs per year
Deutsche Bank Senior Manager Credit Salary - ₹16.9 Lakhs to ₹21.6 Lakhs per year
Central Bank of India Senior Manager Credit Salary - ₹14.5 Lakhs to ₹22.0 Lakhs per year
Bank of Maharashtra Senior Manager Credit Salary - ₹13.0 Lakhs to ₹24.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Indian Bank ranges between ₹1,24,396 per month to ₹1,28,239 per month in India. The take-home salary calculation is based on the average Indian Bank Senior Manager Credit salary in India which ranges between ₹14.5 Lakhs to ₹23.5 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 76% of the Indian Bank Senior Manager Credits reported a notice period of 3 Months, 24% reported a notice period of 1 Month.This is based on 17 responses on AmbitionBox in last 2 years.

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Indian Bank Senior Manager Credit Salaries by Location

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Indian Bank Senior Manager Credit Salaries

Indian Bank Senior Manager Credit salary in India ranges between ₹14.5 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Indian Bank latest salaries received from various employees of Indian Bank.