IndusInd Bank Indore Credit Manager Salaries by 5 Employees (Updated 2024)

3 - 8 years exp.

₹5.3 Lakhs - ₹12.9 Lakhs

Salary of majority employees

14% more than the average Credit Manager Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 5 - 8 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹12.9 L/yr
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Risk Management & Compliance Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹8.8 L/yr

Last Updated: 7 Dec 2024

Companies similar to IndusInd Bank for Credit Manager in Indore

IndusInd Bank Credit Manager Salary

3 - 8 years exp. (5 salaries)

₹5.3 L/yr - ₹12.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Credit Manager Salary 2 - 9 years exp. (12 salaries)	₹5.8 L/yr - ₹14 L/yr 17% more	2 job openings
RBL Bank Credit Manager Salary 1 - 10 years exp. (7 salaries)	₹4.5 L/yr - ₹10 L/yr 18% less
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IDFC FIRST Bank Credit Manager Salary 1 - 9 years exp. (42 salaries)	₹3.3 L/yr - ₹11 L/yr 4% less	1 job opening
AU Small Finance Bank Credit Manager Salary 0 - 10 years exp. (51 salaries)	₹2.4 L/yr - ₹9.5 L/yr 27% less	1 job opening
Bandhan Bank Credit Manager Salary 0 - 9 years exp. (19 salaries)	₹2.5 L/yr - ₹9.7 L/yr 16% less
DCB Bank Credit Manager Salary 5 - 11 years exp. (7 salaries)	₹5.2 L/yr - ₹7.5 L/yr 11% less	17 job openings
Bank of Baroda Credit Manager Salary 3 - 9 years exp. (7 salaries)	₹10 L/yr - ₹17 L/yr 114% more
Jana Small Finance Bank Credit Manager Salary 4 - 11 years exp. (6 salaries)	₹4.2 L/yr - ₹6.7 L/yr 27% less
IDBI Bank Credit Manager Salary 12 - 14 years exp. (3 salaries)	₹18 L/yr - ₹23.7 L/yr 152% more
Central Bank of India Credit Manager Salary 2 - 5 years exp. (3 salaries)	₹12 L/yr - ₹17 L/yr 79% more

Credit Manager salary at IndusInd Bank ranges between ₹5.3 Lakhs to ₹12.9 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Credit Manager salaries in Indore

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹12.5 L/yr
4 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.2 L/yr
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5 years (3 salaries)	₹5.3 L/yr - ₹13.3 L/yr
6 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹12.9 L/yr

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Credit Analyst Salary

(10 salaries)

₹8.75 L/yr - ₹12.5 L/yr

Area Credit Manager Salary

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₹9 L/yr - ₹13 L/yr

Branch Credit Manager Salary

(3 salaries)

₹4.65 L/yr - ₹6.2 L/yr

Credit Officer Salary

(3 salaries)

₹2.3 L/yr - ₹3 L/yr

Top skills at IndusInd Bank for Credit Manager

Credit Management Credit Analysis Ca Chartered Accountant Compliance Vehicle Underwriting risk Sales Credit Cards Team Handling Channel Sales Product Management DSA car

Salary related reviews for IndusInd Bank

3.0

Rated by 2 employees for salary & benefits

Sales Manager in Surat

Full Time

Sales & Business Development Department

1.0

• posted on 24 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary package good as per market standard.

Dislikes

- Worst Management. - No appreciation for work and achieving targets - Say no every time when trying to apply for leave even if leaves are available and you are informing 2 weeks earlier.

Branch Manager in Kochi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Sep 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...nonuse at all...you have to recruit staff...suddenly all policies will change...they ensure u don't get bonus or rating if u do not complete amfi or irda...all these r communicated at last minute...no support n extended targets too which u can never achieve..

Chief Manager in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing to like about IndusInd bank other then there attractive compensation offering. That is how they will bring you in system and then that money will not help you to survive. Eventually you will choose peace over money.

Dislikes

1) Work Pressure 2) No inputs from organization. 3) You will be left on your own without any leads from bank's side. 4) Video call culture.

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Jun 2023

3.0

for Salary and Benefits

Likes

The Salary is good and nothing else.

Dislikes

The work culture is very bad, especially the reporting managers are just toxic people. They demoralise you rather than influence and inspire. The bank is fond of one thing and that is money. I was in ARD and trust me when I say that they treat you like some commodity which can be used and used only. And you can be assured that at the end end of the day whether your mental health is good or bad they don't care and they won't be bothered by your sad situation. Moreover they do nothing, so that your mental health can improve. You are put under extreme demands and unimaginable pressure both mentally and physically for every day. My opinion is don't join there as the internal workings of the bank is just next to a slum.

Relationship Manager in Ashok Nagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Aug 2023

2.0

for Salary and Benefits

Likes

IndusInd Bank is very good organisation in terms of doing business but they are not giving salary hike/appraisal for are employees those who are working since last five years.

Dislikes

Aa an employee I would like to get more salary as I have experience more than 12 years

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IndusInd Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at IndusInd Bank Indore?

Credit Manager salary at IndusInd Bank in Indore ranges between ₹5.3 Lakhs to ₹12.9 Lakhs for experience between 3 years to 8 years. According to our estimates it is 14% more than the average Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of IndusInd Bank Indore.

How does the salary of a Credit Manager at IndusInd Bank Indore compare with the average salary range for this job?

The average salary of a Credit Manager at IndusInd Bank is 14% more than the average salary of a Credit Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at IndusInd Bank?

Credit Management, Credit Analysis, Ca, Chartered Accountant and Compliance are some of the popular skills required to work as a Credit Manager at IndusInd Bank Indore.

Which similar companies are paying more than IndusInd Bank to a Credit Manager in Indore?

IDBI Bank Credit Manager Salary - ₹18.0 Lakhs to ₹23.7 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
Central Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹5.8 Lakhs to ₹14.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to IndusInd Bank in Indore?

IDFC FIRST Bank Credit Manager Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year
DCB Bank Credit Manager Salary - ₹5.2 Lakhs to ₹7.5 Lakhs per year
Bandhan Bank Credit Manager Salary - ₹2.5 Lakhs to ₹9.7 Lakhs per year
RBL Bank Credit Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
AU Small Finance Bank Credit Manager Salary - ₹2.4 Lakhs to ₹9.5 Lakhs per year

What is the estimated take home salary of a Credit Manager at IndusInd Bank in Indore?

The estimated take-home salary of a Credit Manager at IndusInd Bank ranges between ₹57,240 per month to ₹58,679 per month in Indore. The take-home salary calculation is based on the average IndusInd Bank Credit Manager salary in India which ranges between ₹5.3 Lakhs to ₹12.9 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at IndusInd Bank in Indore?

According to AmbitionBox, 67% of the IndusInd Bank Credit Managers in Indore reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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IndusInd Bank Credit Manager Salaries in Indore

IndusInd Bank Credit Manager salary in Indore ranges between ₹5.3 Lakhs to ₹12.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IndusInd Bank latest salaries received from various employees of IndusInd Bank.