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Indian Bank Senior Manager Credit salaries in Chennai

Annual salary range
5 - 13 years exp.
₹14.5 Lakhs - ₹23.5 Lakhs
Salary of majority employees
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39% 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. (5 salaries)
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₹16 L/yr - ₹23.5 L/yr

Finance & Accounting
Senior Manager Credit Salary
5 - 11 years exp. (3 salaries)
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₹14.5 L/yr - ₹20 L/yr

Last Updated: 17 Feb 2025

Companies similar to Indian Bank for Senior Manager Credit in Chennai

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Indian Bank Senior Manager Credit Salary

5 - 13 years exp. (8 salaries)

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₹14.5 L/yr - ₹23.5 L/yr

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

4 - 6 years exp. (4 salaries)

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₹14.6 L/yr - ₹18.4 L/yr

arrow icon 20% less
1 job opening
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Axis Bank Senior Manager Credit Salary

11 - 13 years exp. (3 salaries)

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₹10 L/yr - ₹16.7 L/yr

arrow icon 15% less
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Bank of Baroda Senior Manager Credit Salary

8 - 13 years exp. (3 salaries)

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₹12 L/yr - ₹20 L/yr

arrow icon 1% more
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₹8.5 L/yr - ₹16 L/yr

arrow icon 35% less
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Yes Bank Senior Manager Credit Salary

6 - 11 years exp. (6 salaries)

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₹8.5 L/yr - ₹16 L/yr

arrow icon 32% less
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₹14 L/yr - ₹28.5 L/yr

arrow icon 13% more
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 8 latest salaries received from various employees of Indian Bank.

Latest annual salaries shared by Indian Bank Senior Manager Credit in Chennai

1w ago
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13 years exp.
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12 years exp.
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11 years exp.
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6 years exp.
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10 years exp.
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5 years exp.
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9 years exp.
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8 years exp.

Experience wise Indian Bank Senior Manager Credit salaries in Chennai

Last Updated: 17 Feb 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹32.2 L/yr
6 years (AmbitionBox Estimate)

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₹16 L/yr - ₹32.6 L/yr
7 years (AmbitionBox Estimate)

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₹16.5 L/yr - ₹21.1 L/yr
8 years (AmbitionBox Estimate)

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₹16 L/yr - ₹33.4 L/yr
9 years (AmbitionBox Estimate)

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₹18 L/yr - ₹33.7 L/yr
View all

Similar Designation salaries in Indian Bank

Chief Manager Salary
(15 salaries)
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₹12.5 L/yr - ₹32 L/yr
Credit Manager Salary
(6 salaries)
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₹12 L/yr - ₹17 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

3.0

Rated by 4 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.

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.

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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.

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  • 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 Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Indian Bank Chennai?
Senior Manager Credit salary at Indian Bank in Chennai ranges between ₹14.5 Lakhs to ₹23.5 Lakhs for experience between 5 years to 13 years. According to our estimates it is 39% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Indian Bank Chennai.
How does the salary of a Senior Manager Credit at Indian Bank Chennai compare with the average salary range for this job?
The average salary of a Senior Manager Credit at Indian Bank is 39% more than the average salary of a Senior Manager Credit in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Bank to a Senior Manager Credit in Chennai?
  • Union Bank of India Senior Manager Credit Salary - ₹14.0 Lakhs to ₹28.5 Lakhs per year
  • Bank of Baroda Senior Manager Credit Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Senior Manager Credit in companies similar to Indian Bank in Chennai?
  • Axis Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹16.7 Lakhs per year
  • HDFC Bank Senior Manager Credit Salary - ₹14.6 Lakhs to ₹18.4 Lakhs per year
  • Yes Bank Senior Manager Credit Salary - ₹8.5 Lakhs to ₹16.0 Lakhs per year
  • Kotak Mahindra Bank Senior Manager Credit Salary - ₹8.5 Lakhs to ₹16.0 Lakhs per year
What is the estimated take home salary of a Senior Manager Credit at Indian Bank in Chennai?
The estimated take-home salary of a Senior Manager Credit at Indian Bank ranges between ₹1,25,639 per month to ₹1,29,647 per month in Chennai. 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 in Chennai?
According to AmbitionBox, 100% of the Indian Bank Senior Manager Credits in Chennai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Indian Bank Senior Manager Credit salary in Chennai ranges between ₹14.5 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Indian Bank latest salaries received from various employees of Indian Bank.