Karnataka Bank Credit Manager Salaries by 9 Employees

0 - 11 years exp.

₹10.5 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

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74% more than the average Credit Manager Salary in Banking Companies for 0 - 11 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹12.2 L/yr - ₹13 L/yr
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BFSI, Investments & Trading Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹11.4 L/yr - ₹13.5 L/yr

Last Updated: 23 Nov 2024

Companies similar to Karnataka Bank for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	Unlock ₹3.5 L/yr - ₹14 L/yr 38% less	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	Unlock ₹4 L/yr - ₹17.5 L/yr 26% less
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Axis Bank Credit Manager Salary 0 - 12 years exp. (826 salaries)	Unlock ₹4 L/yr - ₹14.8 L/yr 35% less
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	Unlock ₹10 L/yr - ₹32 L/yr 45% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	Unlock ₹3.8 L/yr - ₹14.5 L/yr 33% less
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (227 salaries)	Unlock ₹3.2 L/yr - ₹13 L/yr 43% less	1 job opening
Yes Bank Credit Manager Salary 0 - 10 years exp. (443 salaries)	Unlock ₹4.1 L/yr - ₹14.9 L/yr 37% less	1 job opening
Federal Bank Credit Manager Salary 2 - 12 years exp. (87 salaries)	Unlock ₹10 L/yr - ₹20 L/yr 15% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (676 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 42% less
RBL Bank Credit Manager Salary 2 - 10 years exp. (138 salaries)	Unlock ₹2.4 L/yr - ₹11.4 L/yr 51% less
AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (518 salaries)	Unlock ₹2.4 L/yr - ₹11 L/yr 56% less
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Bank of Baroda Credit Manager Salary 4 - 13 years exp. (212 salaries)	Unlock ₹7 L/yr - ₹24 L/yr 27% more
Jana Small Finance Bank Credit Manager Salary 2 - 12 years exp. (192 salaries)	Unlock ₹1.5 L/yr - ₹10 L/yr 54% less
Equitas Small Finance Bank Credit Manager Salary 2 - 15 years exp. (179 salaries)	Unlock ₹2.2 L/yr - ₹9.9 L/yr 59% less	1 job opening
DCB Bank Credit Manager Salary 3 - 12 years exp. (294 salaries)	Unlock ₹3 L/yr - ₹11.5 L/yr 48% less
Ujjivan Small Finance Bank Credit Manager Salary 0 - 10 years exp. (134 salaries)	Unlock ₹2.7 L/yr - ₹9.2 L/yr 61% less
IDBI Bank Credit Manager Salary 2 - 17 years exp. (111 salaries)	Unlock ₹8 L/yr - ₹28.9 L/yr 37% more
Suryoday Small Finance Bank Credit Manager Salary 1 - 10 years exp. (83 salaries)	Unlock ₹3 L/yr - ₹8.9 L/yr 60% less	1 job opening
Karur Vysya Bank Credit Manager Salary 1 - 12 years exp. (82 salaries)	Unlock ₹6 L/yr - ₹16 L/yr 23% less
Barclays Credit Manager Salary 6 - 11 years exp. (64 salaries)	Unlock ₹9.2 L/yr - ₹26 L/yr 40% more

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Credit Manager salary at Karnataka Bank ranges between ₹10.5 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 9 latest salaries received from various employees of Karnataka Bank.

Experience wise Karnataka Bank Credit Manager salaries

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹15 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹5.7 L/yr - ₹15 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹12.7 L/yr - ₹16.2 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹13 L/yr - ₹25.2 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹13 L/yr - ₹25 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹12.4 L/yr - ₹15.9 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹11.4 L/yr - ₹24.7 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹24.6 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹12.2 L/yr - ₹15.6 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹12.2 L/yr - ₹15.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹10.5 L/yr - ₹24.1 L/yr

View all

Similar Designation salaries in Karnataka Bank

Credit Officer Salary

(19 salaries)

Unlock

₹7 L/yr - ₹12 L/yr

Branch Manager Salary

(49 salaries)

Unlock

₹6 L/yr - ₹18 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

Unlock

₹6.9 L/yr - ₹8.9 L/yr

Chief Manager Salary

(6 salaries)

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₹24 L/yr - ₹35.5 L/yr

Credit Analyst Salary

(4 salaries)

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₹7 L/yr - ₹12.1 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

Unlock

₹11.6 L/yr - ₹14.8 L/yr

Sales Officer Salary

(4 salaries)

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₹1 L/yr - ₹3 L/yr

Relationship Manager Salary

(4 salaries)

Unlock

₹6 L/yr - ₹25 L/yr

Officer Salary

(85 salaries)

Unlock

₹4 L/yr - ₹12.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

Unlock

₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Karnataka Bank

2.8

Rated by 4 employees for salary & benefits

Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Jan 2025

5.0

for Salary and Benefits

Likes

...ulture is good. I worked in other companies also but KBL is good choice to work. Salary credit on time. Much betzer to PSU banks.

Salary - Excellent

+6 more

Dislikes

No Transparency in transfer policy.

Clerk in Ludhiana

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Dec 2023

5.0

for Salary and Benefits

Likes

Work culture is nice all staff was so helpful helping you in learning new things

Salary - Excellent

+6 more

Dislikes

Posting is very bad in this bank mumbai person posted to Punjab very pathetic transfer policy all people's shuffle from their home state

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 30 Sep 2023

3.0

for Salary and Benefits

Likes

Faster promotion opportunities

Job security - Good

+1 more

Dislikes

Unhealthy working culture, Intensive work pressure, No time for family, You won't be able to go home if there is dayend check for loan account arrears. Software doesn't work properly. Staff on counter face technical glitches frequently in system which is not promptly resolved.

Work satisfaction - Bad

+2 more

Branch Manager in Chennai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 18 Sep 2023

4.0

for Salary and Benefits

Likes

The only thing which is good in Karnataka Bank is all the top executives doesnt have enough knowledge so they doesnt know how to pressure their peers.

Salary - Good

+1 more

Dislikes

The promotional activity, they give promotion on caste, recommendations etc. No score for your knowledge.

Promotions - Bad

+3 more

Assistant Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

A lot of learning, meet a lot of people, contacts, new places to see. job security. Loans at very less rates. New software installed

Skill development - Good

+1 more

Dislikes

Transfers, lot of pressure, a lot of politics when it comes to transfers and promotion. South Indians get preference 1st. Even if you do a lot of certifications you wont get transferred to concerned departments. Marketing pressure is high. Insufficient staff at branches in north branches .

Salary - Poor

+3 more

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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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Karnataka Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Karnataka Bank?

Credit Manager salary at Karnataka Bank in India ranges between ₹10.5 Lakhs to ₹15.0 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 74% more than the average Credit Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Karnataka Bank India.

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

The average salary of a Credit Manager at Karnataka Bank is 74% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

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

State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
Barclays Credit Manager Salary - ₹9.2 Lakhs to ₹26.0 Lakhs per year
IDBI Bank Credit Manager Salary - ₹8.0 Lakhs to ₹28.9 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
Deutsche Bank Credit Manager Salary - ₹7.8 Lakhs to ₹27.0 Lakhs per year

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

HSBC Bank Credit Manager Salary - ₹12.0 Lakhs to ₹18.1 Lakhs per year
Federal Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
ANZ Banking Group Credit Manager Salary - ₹7.1 Lakhs to ₹23.0 Lakhs per year
DBS Bank Credit Manager Salary - ₹7.2 Lakhs to ₹26.3 Lakhs per year
NatWest Group Credit Manager Salary - ₹11.5 Lakhs to ₹22.6 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Karnataka Bank ranges between ₹95,081 per month to ₹97,644 per month in India. The take-home salary calculation is based on the average Karnataka Bank Credit Manager salary in India which ranges between ₹10.5 Lakhs to ₹15.0 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Karnataka Bank?

According to AmbitionBox, 57% of the Karnataka Bank Credit Managers reported a notice period of 1 Month, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Karnataka Bank Credit Manager Salaries

Karnataka Bank Credit Manager salary in India ranges between ₹10.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Karnataka Bank latest salaries received from various employees of Karnataka Bank.