IndusInd Bank Indore State Credit Manager Salaries by 3 Employees (Updated 2025)

6 - 12 years exp.

₹9 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

27% less than the average State Credit Manager Salary in Banking Companies for 6 - 12 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to IndusInd Bank for State Credit Manager in Indore

IndusInd Bank State Credit Manager Salary

6 - 12 years exp. (3 salaries)

₹9 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank State Credit Manager Salary 12 - 13 years exp. (3 salaries)	₹22.5 L/yr - ₹27 L/yr 114% more
Aavas Financiers State Credit Manager Salary 5 - 8 years exp. (4 salaries)	₹12 L/yr - ₹16 L/yr 27% more	2 job openings
Login to view exact salary
Srg Housing Finance State Credit Manager Salary 18 - 21 years exp. (3 salaries)	₹9.6 L/yr - ₹11.2 L/yr 6% less

State Credit Manager salary at IndusInd Bank ranges between ₹9 Lakhs to ₹13 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of IndusInd Bank.

Experience wise IndusInd Bank State Credit Manager salaries in Indore

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9 L/yr - ₹17.4 L/yr
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	₹9 L/yr - ₹18.5 L/yr
9 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
10 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
11 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹13 L/yr

View all

From

State Credit Manager

₹

Lakhs/yr

3 - 16 years exp.

Zonal Head

₹

Lakhs/yr

15 - 25 years exp.

State Credit Manager 3 - 16 years exp.

State Head 11 - 20 years exp.

55% hike

Zonal Head 15 - 25 years exp.

132% 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

(6 salaries)

₹9 L/yr - ₹13 L/yr

Credit Manager Salary

(6 salaries)

₹5.3 L/yr - ₹13.1 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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about IndusInd Bank?

Ask anonymously on communities.

IndusInd Bank State Credit Manager Salary FAQs

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

According to AmbitionBox, 100% of the IndusInd Bank State Credit Managers in Indore reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
IndusInd Bank Salaries >
IndusInd Bank State Credit Manager Salaries >
IndusInd Bank State Credit Manager Salaries in Indore

IndusInd Bank State Credit Manager salary in Indore ranges between ₹9 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 IndusInd Bank latest salaries received from various employees of IndusInd Bank.