IndusInd Bank Senior Manager Credit Salaries by 20+ Employees (Updated 2025)

3 - 12 years exp.

₹8 Lakhs - ₹23.5 Lakhs

Salary of majority employees

Fixed (100%)

₹13.1 Lakhs

Variable (0%)

₹0.0

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At par with the average Senior Manager Credit Salary in Banking Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 3 - 6 years exp. (11 salaries)	Unlock ₹11 L/yr - ₹17.6 L/yr
Finance & Accounting Senior Manager Credit Salary 6 - 9 years exp. (6 salaries)	Unlock ₹8.9 L/yr - ₹15 L/yr
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Risk Management & Compliance Senior Manager Credit Salary 5 - 12 years exp. (3 salaries)	Unlock ₹8 L/yr - ₹23.5 L/yr

Last Updated: 8 Mar 2025

Companies similar to IndusInd Bank for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (326 salaries)	Unlock ₹7.8 L/yr - ₹21 L/yr 4% more	1 job opening
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (159 salaries)	Unlock ₹7 L/yr - ₹22.8 L/yr 13% more
Login to view exact salary
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (120 salaries)	Unlock ₹10 L/yr - ₹26.9 L/yr 25% more
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (386 salaries)	Unlock ₹6.5 L/yr - ₹16 L/yr 5% less
Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (188 salaries)	Unlock ₹7.8 L/yr - ₹17 L/yr 3% less
Federal Bank Senior Manager Credit Salary 3 - 14 years exp. (14 salaries)	Unlock ₹14 L/yr - ₹22 L/yr 49% more
RBL Bank Senior Manager Credit Salary 3 - 15 years exp. (17 salaries)	Unlock ₹10 L/yr - ₹17 L/yr 1% less
IDFC FIRST Bank Senior Manager Credit Salary 2 - 12 years exp. (81 salaries)	Unlock ₹6.3 L/yr - ₹16 L/yr 16% less
Bandhan Bank Senior Manager Credit Salary 5 - 9 years exp. (15 salaries)	Unlock ₹8.8 L/yr - ₹20.9 L/yr 15% more
DCB Bank Senior Manager Credit Salary 3 - 14 years exp. (35 salaries)	Unlock ₹4.2 L/yr - ₹12.7 L/yr 40% less
AU Small Finance Bank Senior Manager Credit Salary 3 - 12 years exp. (61 salaries)	Unlock ₹4.7 L/yr - ₹15.5 L/yr 27% less
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Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (48 salaries)	Unlock ₹12 L/yr - ₹28 L/yr 55% more
Jana Small Finance Bank Senior Manager Credit Salary 3 - 10 years exp. (38 salaries)	Unlock ₹3.1 L/yr - ₹12 L/yr 48% less
Standard Chartered Senior Manager Credit Salary 4 - 12 years exp. (21 salaries)	Unlock ₹10.4 L/yr - ₹33.4 L/yr 67% more
Bank of Maharashtra Senior Manager Credit Salary 6 - 14 years exp. (18 salaries)	Unlock ₹13 L/yr - ₹24 L/yr 33% more
Indian Bank Senior Manager Credit Salary 5 - 13 years exp. (18 salaries)	Unlock ₹14.5 L/yr - ₹23.5 L/yr 42% more
Ujjivan Small Finance Bank Senior Manager Credit Salary 7 - 15 years exp. (AmbitionBox Estimate)	Unlock ₹7.7 L/yr - ₹9.8 L/yr 33% less
Central Bank of India Senior Manager Credit Salary 10 - 15 years exp. (6 salaries)	Unlock ₹14.5 L/yr - ₹22 L/yr 38% more
IDBI Bank Senior Manager Credit Salary 6 - 12 years exp. (5 salaries)	Unlock ₹14 L/yr - ₹18 L/yr 24% more
Indian Overseas Bank Senior Manager Credit Salary 10 - 12 years exp. (5 salaries)	Unlock ₹17 L/yr - ₹21 L/yr 44% more

View all

Senior Manager Credit salary at IndusInd Bank ranges between ₹8 Lakhs to ₹23.5 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 20 latest salaries received from various employees of IndusInd Bank.

Latest annual salaries shared by IndusInd Bank Senior Manager Credit

3d ago

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4 years exp.

1mo ago

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9 years exp.

2mo ago

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9 years exp.

4mo ago

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6 years exp.

5mo ago

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7 years exp.

6mo ago

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4 years exp.

6mo ago

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12 years exp.

7mo ago

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3 years exp.

7mo ago

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8 years exp.

8mo ago

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6 years exp.

Experience wise IndusInd Bank Senior Manager Credit salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹11 L/yr - ₹20.7 L/yr
4 years (4 salaries)	Unlock ₹11 L/yr - ₹14 L/yr
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5 years (4 salaries)	Unlock ₹10 L/yr - ₹16.6 L/yr
6 years (4 salaries)	Unlock ₹8.9 L/yr - ₹17.6 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5.2 L/yr - ₹14 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹8.9 L/yr - ₹23.9 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹8.9 L/yr - ₹15 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹25.2 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹12.9 L/yr - ₹16.5 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹23.5 L/yr

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Top skills at IndusInd Bank for Senior Manager Credit

risk auto Ca Corporate Credit Risk Analysis Cash Management Services Credit Analysis US Mortgage Operations Management Credit Management Chartered Accountant Customer Service Risk Management Compliance car

Salary related reviews for IndusInd Bank

3.8

Rated by 2 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

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

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.

Skill development - Bad

+5 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 Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at IndusInd Bank in India ranges between ₹8.0 Lakhs to ₹23.5 Lakhs for experience between 3 years to 12 years. According to our estimates it is 4% less than the average Senior Manager Credit Salary in India. Salary estimates are based on 20 latest salaries received from various employees of IndusInd Bank India.

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

The average salary of a Senior Manager Credit at IndusInd Bank is 4% less than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

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

risk, auto, Ca, Corporate Credit and Risk Analysis are some of the popular skills required to work as a Senior Manager Credit at IndusInd Bank India.

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

Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹33.4 Lakhs per year
Bank of Baroda Senior Manager Credit Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Federal Bank Senior Manager Credit Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
Indian Overseas Bank Senior Manager Credit Salary - ₹17.0 Lakhs to ₹21.0 Lakhs per year
Deutsche Bank Senior Manager Credit Salary - ₹16.9 Lakhs to ₹21.6 Lakhs per year

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

Indian Bank Senior Manager Credit Salary - ₹14.5 Lakhs to ₹23.5 Lakhs per year
Central Bank of India Senior Manager Credit Salary - ₹14.5 Lakhs to ₹22.0 Lakhs per year
UCO Bank Senior Manager Credit Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
Bank of Maharashtra Senior Manager Credit Salary - ₹13.0 Lakhs to ₹24.0 Lakhs per year
Axis Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹26.9 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at IndusInd Bank ranges between ₹92,553 per month to ₹95,034 per month in India. The take-home salary calculation is based on the average IndusInd Bank Senior Manager Credit salary in India which ranges between ₹8.0 Lakhs to ₹23.5 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 81% of the IndusInd Bank Senior Manager Credits reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 26 responses on AmbitionBox in last 2 years.

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IndusInd Bank Senior Manager Credit Salaries

IndusInd Bank Senior Manager Credit salary in India ranges between ₹8 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 IndusInd Bank latest salaries received from various employees of IndusInd Bank.