IndusInd Bank Deputy Credit Manager Salaries by 7 Employees

6 - 8 years exp.

₹5 Lakhs - ₹6.2 Lakhs

Low Confidence

Salary of majority employees

11% less than the average Deputy Credit Manager Salary in Banking Companies for 6 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Credit Manager Salary 6 - 7 years exp. (6 salaries)	₹5 L/yr - ₹6 L/yr
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Finance & Accounting Deputy Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.2 L/yr

Last Updated: 20 Nov 2024

Companies similar to IndusInd Bank for Deputy Credit Manager

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Deputy Credit Manager Salary 0 - 10 years exp. (183 salaries)	₹3.4 L/yr - ₹8.2 L/yr 4% more
IDFC FIRST Bank Deputy Credit Manager Salary 0 - 6 years exp. (59 salaries)	₹3.9 L/yr - ₹9.3 L/yr 29% more
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Axis Bank Deputy Credit Manager Salary 4 - 11 years exp. (45 salaries)	₹4.3 L/yr - ₹8.5 L/yr 19% more
ICICI Bank Deputy Credit Manager Salary 0 - 7 years exp. (45 salaries)	₹4.1 L/yr - ₹10.2 L/yr 38% more
Equitas Small Finance Bank Deputy Credit Manager Salary 6 - 15 years exp. (30 salaries)	₹3.5 L/yr - ₹7 L/yr 1% less
Ujjivan Small Finance Bank Deputy Credit Manager Salary 3 - 8 years exp. (30 salaries)	₹3.1 L/yr - ₹5.6 L/yr 20% less
Bank of Maharashtra Deputy Credit Manager Salary 2 - 7 years exp. (4 salaries)	₹8.8 L/yr - ₹12 L/yr 76% more

Deputy Credit Manager salary at IndusInd Bank ranges between ₹5 Lakhs to ₹6.2 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank Deputy Credit Manager salaries

Last Updated: 20 Nov 2024

Experience	Avg Annual Salary
6 years (3 salaries)	₹5 L/yr - ₹6 L/yr
7 years (3 salaries)	₹5 L/yr - ₹10.1 L/yr
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8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.2 L/yr

Similar Designation salaries in IndusInd Bank

Area Credit Manager Salary

(152 salaries)

₹5.46 L/yr - ₹18 L/yr

Branch Credit Manager Salary

(169 salaries)

₹2.6 L/yr - ₹9.5 L/yr

Zonal Credit Manager Salary

(36 salaries)

₹13.68 L/yr - ₹41 L/yr

Cluster Credit Manager Salary

(5 salaries)

₹11 L/yr - ₹15.5 L/yr

Regional Credit Manager Salary

(60 salaries)

₹14 L/yr - ₹30 L/yr

Credit Manager Salary

(210 salaries)

₹3.4 L/yr - ₹13.1 L/yr

Deputy Manager Salary

(3.6k salaries)

₹1.7 L/yr - ₹8.5 L/yr

Assistant Credit Manager Salary

(6 salaries)

₹2 L/yr - ₹4 L/yr

Senior Credit Officer Salary

(6 salaries)

₹3 L/yr - ₹3.75 L/yr

Relationship Manager Salary

(1.1k salaries)

₹3 L/yr - ₹12.58 L/yr

Salary related reviews for IndusInd Bank

3.1

Rated by 3 employees for salary & benefits

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

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..

Salary - Bad

+6 more

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IndusInd Bank Deputy Credit Manager Salary FAQs

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

The average salary of a Deputy Credit Manager at IndusInd Bank in India typically ranges from ₹5.0 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Deputy Credit Manager at IndusInd Bank earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Deputy Credit Manager Salaries at IndusInd Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 IndusInd Bank employees in India.

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

The estimated take-home salary of a Deputy Credit Manager at IndusInd Bank in India typically ranges from ₹41,250 to ₹42,397 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 6 years to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IndusInd Bank for Deputy Credit Manager in India?

Bank of Maharashtra	₹8.8 Lakhs to ₹12.0 Lakhs per year
ICICI Bank	₹4.1 Lakhs to ₹10.2 Lakhs per year
IDFC FIRST Bank	₹3.9 Lakhs to ₹9.3 Lakhs per year
Axis Bank	₹4.3 Lakhs to ₹8.5 Lakhs per year
AU Small Finance Bank	₹3.4 Lakhs to ₹8.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by IndusInd Bank, depending on the role and experience level.

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

The salary of a Deputy Credit Manager at companies similar to IndusInd Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Equitas Small Finance Bank	₹3.5 Lakhs to ₹7.0 Lakhs per year
Ujjivan Small Finance Bank	₹3.1 Lakhs to ₹5.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Deputy Credit Manager at IndusInd Bank in India?

The salary growth for a Deputy Credit Manager at IndusInd Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Credit Manager can expect the following growth trajectory at IndusInd Bank:

Experience	Average Salary Range
6 years	₹5.0 Lakhs to ₹6.0 Lakhs per year
7 years	₹5.0 Lakhs to ₹10.1 Lakhs per year
8 years	₹2.3 Lakhs to ₹6.2 Lakhs per year

and so on.

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IndusInd Bank Deputy Credit Manager Salaries

IndusInd Bank Deputy Credit Manager salary in India ranges between ₹5 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 IndusInd Bank latest salaries received from various employees of IndusInd Bank.