IndusInd Bank Mumbai Credit Manager Salaries by 30+ Employees (Updated 2025)

2 - 12 years exp.

₹3.6 Lakhs - ₹11 Lakhs

Salary of majority employees

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10% less than the average Credit Manager Salary in Banking Companies for 2 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 2 - 11 years exp. (15 salaries)	Unlock ₹4 L/yr - ₹11.4 L/yr
Finance & Accounting Credit Manager Salary 5 - 12 years exp. (6 salaries)	Unlock ₹4.8 L/yr - ₹10.5 L/yr
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Customer Success, Service & Operations Credit Manager Salary 3 - 6 years exp. (4 salaries)	Unlock ₹3.6 L/yr - ₹8.5 L/yr
Risk Management & Compliance Credit Manager Salary 6 - 10 years exp. (3 salaries)	Unlock ₹6.1 L/yr - ₹11 L/yr

Last Updated: 22 Feb 2025

Companies similar to IndusInd Bank for Credit Manager in Mumbai

IndusInd Bank Credit Manager Salary

2 - 12 years exp. (35 salaries)

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₹3.6 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (453 salaries)	Unlock ₹4 L/yr - ₹15 L/yr 26% more	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (560 salaries)	Unlock ₹4 L/yr - ₹17.4 L/yr 35% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (148 salaries)	Unlock ₹4 L/yr - ₹15.3 L/yr 26% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (237 salaries)	Unlock ₹3.7 L/yr - ₹13 L/yr 12% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (74 salaries)	Unlock ₹4.6 L/yr - ₹14 L/yr 15% more	1 job opening
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	Unlock ₹11 L/yr - ₹15.4 L/yr 84% more
RBL Bank Credit Manager Salary 2 - 10 years exp. (26 salaries)	Unlock ₹3 L/yr - ₹11.7 L/yr 7% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (211 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 6% more
Federal Bank Credit Manager Salary 2 - 12 years exp. (33 salaries)	Unlock ₹11 L/yr - ₹20 L/yr 114% more
AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (36 salaries)	Unlock ₹4.1 L/yr - ₹10 L/yr 9% less
DCB Bank Credit Manager Salary 3 - 12 years exp. (27 salaries)	Unlock ₹4 L/yr - ₹9.3 L/yr 17% more
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Bank of Baroda Credit Manager Salary 4 - 12 years exp. (26 salaries)	Unlock ₹8 L/yr - ₹19 L/yr 133% more
IDBI Bank Credit Manager Salary 2 - 17 years exp. (13 salaries)	Unlock ₹12 L/yr - ₹28.9 L/yr 164% more
Jana Small Finance Bank Credit Manager Salary 2 - 10 years exp. (9 salaries)	Unlock ₹2.4 L/yr - ₹9 L/yr 18% less
Central Bank of India Credit Manager Salary 2 - 7 years exp. (5 salaries)	Unlock ₹11.4 L/yr - ₹16 L/yr 90% more
Equitas Small Finance Bank Credit Manager Salary 6 - 10 years exp. (4 salaries)	Unlock ₹5.4 L/yr - ₹11.6 L/yr 8% less	1 job opening
Indian Bank Credit Manager Salary 1 - 10 years exp. (4 salaries)	Unlock ₹11 L/yr - ₹14 L/yr 71% more

Credit Manager salary at IndusInd Bank ranges between ₹3.6 Lakhs to ₹11 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 35 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Credit Manager in Mumbai

2w ago

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3 years exp.

2w ago

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6 years exp.

1mo ago

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6 years exp.

1mo ago

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3 years exp.

4mo ago

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6 years exp.

5mo ago

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3 years exp.

5mo ago

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2 years exp.

8mo ago

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3 years exp.

9mo ago

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11 years exp.

9mo ago

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7 years exp.

Experience wise IndusInd Bank Credit Manager salaries in Mumbai

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹7.2 L/yr
3 years (7 salaries)	Unlock ₹3.6 L/yr - ₹11 L/yr
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4 years (3 salaries)	Unlock ₹3.6 L/yr - ₹9 L/yr
5 years (3 salaries)	Unlock ₹4 L/yr - ₹9 L/yr
6 years (5 salaries)	Unlock ₹7 L/yr - ₹9.5 L/yr
7 years (3 salaries)	Unlock ₹4.8 L/yr - ₹13.2 L/yr
8 years (3 salaries)	Unlock ₹5 L/yr - ₹13.7 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹14.2 L/yr
10 years (3 salaries)	Unlock ₹7.5 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹15 L/yr

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Similar Designation salaries in IndusInd Bank

Deputy Manager Salary

(754 salaries)

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₹1.7 L/yr - ₹8 L/yr

Chief Manager Salary

(317 salaries)

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₹5.84 L/yr - ₹18 L/yr

Branch Manager Salary

(82 salaries)

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₹8.28 L/yr - ₹27.85 L/yr

Credit Analyst Salary

(55 salaries)

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₹9.78 L/yr - ₹17.38 L/yr

Sales Manager Salary

(52 salaries)

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₹2.4 L/yr - ₹9.93 L/yr

Area Credit Manager Salary

(9 salaries)

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₹7 L/yr - ₹16.5 L/yr

Credit Officer Salary

(9 salaries)

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₹1.45 L/yr - ₹3.24 L/yr

Branch Credit Manager Salary

(6 salaries)

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₹4 L/yr - ₹6.55 L/yr

Zonal Credit Manager Salary

(5 salaries)

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₹25 L/yr - ₹35.25 L/yr

Deputy Credit Manager Salary

(3 salaries)

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₹5 L/yr - ₹5.4 L/yr

Top skills at IndusInd Bank for Credit Manager

Credit Management Credit Analysis Ca Credit Analysis Chartered Accountant Compliance Lending Operations Vehicle Credit Management Underwriting risk Credit Appraisal Finance Home Loans Risk Management

Salary related reviews for IndusInd Bank

3.1

Rated by 5 employees for salary & benefits

Deputy Manager in Chennai

Full Time

Sales & Business Development Department

1.0

• posted on 28 Jan 2025

5.0

for Salary and Benefits

Likes

On time salary

Salary - Excellent

Dislikes

Please don't select this bank. they will not give proper recognition for our work.bank is good but work nature and way for work is totally bad. Backend process is entirely bad to work . opening an account is impossible for all the customers worst online apps. without backend support employees can't work freely. They need business only but don't support for doing business (support means I am telling about backend process).do not encourage employees for doing work. each and every month pip will be issued for every month Target. I don't even see such a bank like this . Don't spoil your life in joining indusind bank.shares also getting down 👎.bad job security.they will not accept the fault on them till your last date.

Skill development - Bad

+5 more

Associate Vice President in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 16 Dec 2024

4.0

for Salary and Benefits

Likes

...corporate. Work life balance, knowledge uplift, work satisfaction are very good. Salary and Appraisal are low when compared to industry. Seniors guide us well.

Salary - Good

+5 more

Dislikes

Salary and Appraisal.

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 Dec 2024

1.0

for Salary and Benefits

Likes

Less pressure than other bank.

Dislikes

...mers like other banks whose basic account starts from rs 2500 like bandhan Bank.And the salary hike is very very low like negligible.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 04 Dec 2024

2.0

for Salary and Benefits

Likes

Job security, salary on time

Job security - Good

Dislikes

At Opus center, Mumbai, Work culture is very pathetic, the super Manager raises issues which are not even required and are small. Work life balance is poor. Hasim Shaikh is Therki and favour majority female employees. Promotion is poorly done.

Salary - Poor

+3 more

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.

Salary - Poor

+6 more

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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

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IndusInd Bank Credit Manager Salary FAQs

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

Credit Manager salary at IndusInd Bank in Mumbai ranges between ₹3.6 Lakhs to ₹11.0 Lakhs for experience between 2 years to 12 years. According to our estimates it is 10% less than the average Credit Manager Salary in India. Salary estimates are based on 35 latest salaries received from various employees of IndusInd Bank Mumbai.

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

The average salary of a Credit Manager at IndusInd Bank is 10% less than the average salary of a Credit Manager in Mumbai. 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, Credit Analysis and Chartered Accountant are some of the popular skills required to work as a Credit Manager at IndusInd Bank Mumbai.

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

IDBI Bank Credit Manager Salary - ₹12.0 Lakhs to ₹28.9 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year
Federal Bank Credit Manager Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year
Central Bank of India Credit Manager Salary - ₹11.4 Lakhs to ₹16.0 Lakhs per year
Standard Chartered Credit Manager Salary - ₹11.0 Lakhs to ₹15.4 Lakhs per year

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

Indian Bank Credit Manager Salary - ₹11.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.4 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
DCB Bank Credit Manager Salary - ₹4.0 Lakhs to ₹9.3 Lakhs per year

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

The estimated take-home salary of a Credit Manager at IndusInd Bank ranges between ₹54,754 per month to ₹56,122 per month in Mumbai. The take-home salary calculation is based on the average IndusInd Bank Credit Manager salary in India which ranges between ₹3.6 Lakhs to ₹11.0 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 69% of the IndusInd Bank Credit Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

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IndusInd Bank Credit Manager Salaries in Mumbai

IndusInd Bank Credit Manager salary in Mumbai ranges between ₹3.6 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 IndusInd Bank latest salaries received from various employees of IndusInd Bank.