IndusInd Bank HUB Credit Manager Salaries by 4 Employees (Updated 2024)

5 - 16 years exp.

₹7.5 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

33% more than the average HUB Credit Manager Salary in Banking Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading HUB Credit Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9 L/yr
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Risk Management & Compliance HUB Credit Manager Salary 5 - 11 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹7.5 L/yr

Last Updated: 8 Sep 2024

Companies similar to IndusInd Bank for HUB Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank HUB Credit Manager Salary 8 - 11 years exp. (4 salaries)	₹5.3 L/yr - ₹12.2 L/yr 2% more
AU Small Finance Bank HUB Credit Manager Salary 6 - 16 years exp. (4 salaries)	₹7 L/yr - ₹9.4 L/yr 2% more
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HDB Financial Services HUB Credit Manager Salary 2 - 13 years exp. (65 salaries)	₹2.5 L/yr - ₹10.2 L/yr 33% less
Satya Micro Housing Finance HUB Credit Manager Salary 3 - 8 years exp. (5 salaries)	₹5.8 L/yr - ₹6.9 L/yr 22% less
Svatantra Micro Housing Finance Corporation Limited HUB Credit Manager Salary 4 - 8 years exp. (5 salaries)	₹5.5 L/yr - ₹6.5 L/yr 26% less

HUB Credit Manager salary at IndusInd Bank ranges between ₹7.5 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank HUB Credit Manager salaries

Last Updated: 8 Sep 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹13.9 L/yr
6 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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7 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.1 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.4 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
14 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
15+ years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr

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Similar Designation salaries in IndusInd Bank

Area Credit Manager Salary

(148 salaries)

₹5.44 L/yr - ₹18 L/yr

Credit Manager Salary

(221 salaries)

₹3.22 L/yr - ₹12.66 L/yr

Zonal Credit Manager Salary

(28 salaries)

₹16 L/yr - ₹43.5 L/yr

Branch Credit Manager Salary

(175 salaries)

₹2.6 L/yr - ₹10 L/yr

Deputy Credit Manager Salary

(7 salaries)

₹5 L/yr - ₹6.2 L/yr

Cluster Credit Manager Salary

(5 salaries)

₹11 L/yr - ₹15.5 L/yr

Regional Credit Manager Salary

(58 salaries)

₹14 L/yr - ₹26.5 L/yr

Branch Manager Salary

(644 salaries)

₹5.99 L/yr - ₹22 L/yr

Credit Officer Salary

(133 salaries)

₹1.45 L/yr - ₹4.19 L/yr

Assistant Credit Manager Salary

(6 salaries)

₹3.25 L/yr - ₹4 L/yr

Salary related reviews for IndusInd Bank

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

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 27 Jul 2023

2.0

for Salary and Benefits

Likes

Working Culture might not be the best but it is still better in my department when compared to other department or even other banks. Seniors in my department are approachable.

Dislikes

Salary breakup is very bad. You get very less in hand then what is promised. Small increments.

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 HUB Credit Manager Salary FAQs

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

HUB Credit Manager salary at IndusInd Bank in India ranges between ₹7.5 Lakhs to ₹9.0 Lakhs for experience between 5 years to 16 years. According to our estimates it is 33% more than the average HUB Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IndusInd Bank India.

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

The average salary of a HUB Credit Manager at IndusInd Bank is 33% more than the average salary of a HUB Credit Manager in India. To know exact salary insights, login to view.

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

HDFC Bank HUB Credit Manager Salary - ₹5.3 Lakhs to ₹12.2 Lakhs per year
AU Small Finance Bank HUB Credit Manager Salary - ₹7.0 Lakhs to ₹9.4 Lakhs per year

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

Satya Micro Housing Finance HUB Credit Manager Salary - ₹5.8 Lakhs to ₹6.9 Lakhs per year
Svatantra Micro Housing Finance Corporation Limited HUB Credit Manager Salary - ₹5.5 Lakhs to ₹6.5 Lakhs per year
HDB Financial Services HUB Credit Manager Salary - ₹2.5 Lakhs to ₹10.2 Lakhs per year

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

The estimated take-home salary of a HUB Credit Manager at IndusInd Bank ranges between ₹58,561 per month to ₹60,037 per month in India. The take-home salary calculation is based on the average IndusInd Bank HUB Credit Manager salary in India which ranges between ₹7.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 5 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 83% of the IndusInd Bank HUB Credit Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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IndusInd Bank HUB Credit Manager Salaries

IndusInd Bank HUB Credit Manager salary in India ranges between ₹7.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IndusInd Bank latest salaries received from various employees of IndusInd Bank.