IndusInd Bank State Credit Manager Salaries by 50+ Employees (Updated 2025)

3 - 14 years exp.

₹5 Lakhs - ₹16.6 Lakhs

Salary of majority employees

31% less than the average State Credit Manager Salary in Banking Companies for 3 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Credit Manager Salary 3 - 14 years exp. (26 salaries)	₹5 L/yr - ₹15 L/yr
Finance & Accounting State Credit Manager Salary 5 - 14 years exp. (15 salaries)	₹6 L/yr - ₹18.4 L/yr
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Customer Success, Service & Operations State Credit Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹12 L/yr

Last Updated: 17 Feb 2025

Companies similar to IndusInd Bank for State Credit Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank State Credit Manager Salary 7 - 23 years exp. (16 salaries)	₹9 L/yr - ₹18.8 L/yr 26% more
RBL Bank State Credit Manager Salary 10 - 11 years exp. (3 salaries)	₹7.7 L/yr - ₹14.5 L/yr 8% more
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IDFC FIRST Bank State Credit Manager Salary 11 - 18 years exp. (27 salaries)	₹12.2 L/yr - ₹30 L/yr 110% more
AU Small Finance Bank State Credit Manager Salary 13 - 16 years exp. (3 salaries)	₹25.8 L/yr - ₹36 L/yr 191% more
Aavas Financiers State Credit Manager Salary 5 - 16 years exp. (31 salaries)	₹10.4 L/yr - ₹21.3 L/yr 41% more	1 job opening

State Credit Manager salary at IndusInd Bank ranges between ₹5 Lakhs to ₹16.6 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 59 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank State Credit Manager salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹15.8 L/yr
4 years (3 salaries)	₹5.2 L/yr - ₹16.3 L/yr
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5 years (7 salaries)	₹5.5 L/yr - ₹10.6 L/yr
6 years (7 salaries)	₹5.9 L/yr - ₹10.8 L/yr
7 years (4 salaries)	₹5.7 L/yr - ₹17.9 L/yr
8 years (7 salaries)	₹6.5 L/yr - ₹15 L/yr
9 years (5 salaries)	₹7.9 L/yr - ₹14 L/yr
10 years (3 salaries)	₹4.3 L/yr - ₹15 L/yr
11 years (3 salaries)	₹11 L/yr - ₹15.2 L/yr
12 years (8 salaries)	₹6.5 L/yr - ₹14 L/yr
13 years (3 salaries)	₹7 L/yr - ₹12 L/yr
14 years (8 salaries)	₹9.2 L/yr - ₹19.5 L/yr

View all

From

State Credit Manager

₹

Lakhs/yr

3 - 14 years exp.

Zonal Head

₹

Lakhs/yr

15 - 25 years exp.

State Credit Manager 3 - 14 years exp.

State Head 11 - 20 years exp.

54% hike

Zonal Head 15 - 25 years exp.

135% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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

Deputy Credit Manager Salary

(7 salaries)

₹5 L/yr - ₹6.2 L/yr

Credit Manager Salary

(233 salaries)

₹2.9 L/yr - ₹13 L/yr

Assistant Credit Manager Salary

(6 salaries)

₹2 L/yr - ₹4 L/yr

Regional Credit Manager Salary

(60 salaries)

₹14 L/yr - ₹30 L/yr

Senior Credit Officer Salary

(6 salaries)

₹3 L/yr - ₹3.75 L/yr

Relationship Manager Salary

(1.1k salaries)

₹3 L/yr - ₹12.5 L/yr

Top skills at IndusInd Bank for State Credit Manager

Credit Management Compliance Credit Analysis Underwriting risk Ca Chartered Accountant Vehicle auto car Strategic Management Operations Management KYC Resource Optimization Cash Flow Management

Salary related reviews for IndusInd Bank

4.4

Rated by 9 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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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IndusInd Bank State Credit Manager Salary FAQs

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

The average salary of a State Credit Manager at IndusInd Bank in India typically ranges from ₹5.0 Lakhs to ₹16.6 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of State Credit Manager at IndusInd Bank earn more than ₹14.1 Lakhs per year, and the top 1% earn over ₹19.1 Lakhs per year. State 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 50+ IndusInd Bank employees in India.

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

The estimated take-home salary of a State Credit Manager at IndusInd Bank in India typically ranges from ₹74,909 to ₹76,848 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹16.6 Lakhs per year for employees with experience ranging from 3 years to 14 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 50+ salaries received from various employees of IndusInd Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a State Credit Manager at IndusInd Bank ?

To be a State Credit Manager at IndusInd Bank in india, the key skills required include:

- Credit Management
- Compliance
- Credit Analysis
- Underwriting
- risk

These skills are highly valued at IndusInd Bank and are crucial for successful performance in a Software Engineering role.

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

AU Small Finance Bank	₹25.8 Lakhs to ₹36.0 Lakhs per year
IDFC FIRST Bank	₹12.2 Lakhs to ₹30.0 Lakhs per year
Aavas Financiers	₹10.4 Lakhs to ₹21.3 Lakhs per year
Kotak Mahindra Bank	₹9.0 Lakhs to ₹18.8 Lakhs per year
RBL Bank	₹7.7 Lakhs to ₹14.5 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.

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

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

Experience	Average Salary Range
3 years	₹5.0 Lakhs to ₹15.8 Lakhs per year
4 years	₹5.2 Lakhs to ₹16.3 Lakhs per year
5 years	₹5.5 Lakhs to ₹10.6 Lakhs per year
6 years	₹5.9 Lakhs to ₹10.8 Lakhs per year

and so on.

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IndusInd Bank State Credit Manager Salaries

IndusInd Bank State Credit Manager salary in India ranges between ₹5 Lakhs to ₹16.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 59 IndusInd Bank latest salaries received from various employees of IndusInd Bank.