IndusInd Bank State Credit Manager Salaries by 60+ Employees (Updated 2024)

3 - 16 years exp.

₹5 Lakhs - ₹18.9 Lakhs

Salary of majority employees

28% less than the average State Credit Manager Salary in Banking Companies for 3 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Credit Manager Salary 3 - 16 years exp. (32 salaries)	₹5 L/yr - ₹18.8 L/yr
Finance & Accounting State Credit Manager Salary 5 - 14 years exp. (16 salaries)	₹6 L/yr - ₹18.2 L/yr
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Customer Success, Service & Operations State Credit Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹9.2 L/yr - ₹12.6 L/yr

Last Updated: 7 Dec 2024

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 27% more
RBL Bank State Credit Manager Salary 10 - 11 years exp. (3 salaries)	₹7.7 L/yr - ₹14.5 L/yr 5% more
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IDFC FIRST Bank State Credit Manager Salary 11 - 17 years exp. (22 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 184% more
SMFG India Credit State Credit Manager Salary 10 - 18 years exp. (31 salaries)	₹9 L/yr - ₹26.2 L/yr 56% more

State Credit Manager salary at IndusInd Bank ranges between ₹5 Lakhs to ₹18.9 Lakhs per year for employees with experience between 3 years to 16 years. Salary estimates are based on 67 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank State Credit Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹15.4 L/yr
4 years (4 salaries)	₹5.2 L/yr - ₹10.3 L/yr
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5 years (8 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 - ₹17.7 L/yr
8 years (8 salaries)	₹6.5 L/yr - ₹15 L/yr
9 years (4 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
15+ years (5 salaries)	₹10.2 L/yr - ₹18.8 L/yr

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Similar Designation salaries in IndusInd Bank

Area Credit Manager Salary

(143 salaries)

₹5.41 L/yr - ₹18 L/yr

Branch Credit Manager Salary

(175 salaries)

₹2.6 L/yr - ₹10 L/yr

Zonal Credit Manager Salary

(28 salaries)

₹16 L/yr - ₹43.5 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

(223 salaries)

₹3.22 L/yr - ₹12.62 L/yr

Assistant Credit Manager Salary

(6 salaries)

₹3.25 L/yr - ₹4 L/yr

Regional Credit Manager Salary

(58 salaries)

₹14 L/yr - ₹26.5 L/yr

Senior Credit Officer Salary

(6 salaries)

₹3 L/yr - ₹3.75 L/yr

Relationship Manager Salary

(1k salaries)

₹3 L/yr - ₹12 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.

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.

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

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.

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.

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 State Credit Manager Salary FAQs

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

State Credit Manager salary at IndusInd Bank in India ranges between ₹5.0 Lakhs to ₹18.9 Lakhs for experience between 3 years to 16 years. According to our estimates it is 28% less than the average State Credit Manager Salary in India. Salary estimates are based on 67 latest salaries received from various employees of IndusInd Bank India.

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

The average salary of a State Credit Manager at IndusInd Bank is 28% less than the average salary of a State Credit Manager in India. To know exact salary insights, login to view.

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

Credit Management, Compliance, Credit Analysis, Underwriting and risk are some of the popular skills required to work as a State Credit Manager at IndusInd Bank India.

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

AU Small Finance Bank State Credit Manager Salary - ₹25.8 Lakhs to ₹36.0 Lakhs per year
IDFC FIRST Bank State Credit Manager Salary - ₹12.2 Lakhs to ₹30.0 Lakhs per year
SMFG India Credit State Credit Manager Salary - ₹9.0 Lakhs to ₹26.2 Lakhs per year
Kotak Mahindra Bank State Credit Manager Salary - ₹9.0 Lakhs to ₹18.8 Lakhs per year
RBL Bank State Credit Manager Salary - ₹7.7 Lakhs to ₹14.5 Lakhs per year

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 ranges between ₹76,411 per month to ₹78,392 per month in India. The take-home salary calculation is based on the average IndusInd Bank State Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹18.9 Lakhs per year for employees with experience between 3 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 77% of the IndusInd Bank State Credit Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.

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IndusInd Bank State Credit Manager Salaries

IndusInd Bank State Credit Manager salary in India ranges between ₹5 Lakhs to ₹18.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 67 IndusInd Bank latest salaries received from various employees of IndusInd Bank.