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Karnataka Bank Credit Manager salaries in India (Updated 2025)

Annual salary range
0 - 11 years exp.
₹10.5 Lakhs - ₹16 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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70% more than the average Credit Manager Salary in Banking Companies for 0 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹11.4 L/yr - ₹16 L/yr

Finance & Accounting
Credit Manager Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹11.5 L/yr - ₹13 L/yr

Last Updated: 16 Mar 2025

Companies similar to Karnataka Bank for Credit Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (2.7k salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 36% less
2 job openings
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.2k salaries)

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₹4.3 L/yr - ₹18 L/yr

arrow icon 25% less
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Axis Bank Credit Manager Salary

0 - 12 years exp. (822 salaries)

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₹4 L/yr - ₹14.8 L/yr

arrow icon 34% less
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State Bank of India Credit Manager Salary

3 - 14 years exp. (47 salaries)

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₹10 L/yr - ₹32 L/yr

arrow icon 48% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (1k salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 32% less
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (228 salaries)

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₹3.2 L/yr - ₹13 L/yr

arrow icon 41% less
1 job opening
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Yes Bank Credit Manager Salary

0 - 12 years exp. (416 salaries)

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₹4.2 L/yr - ₹14.3 L/yr

arrow icon 33% less
1 job opening
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Federal Bank Credit Manager Salary

2 - 12 years exp. (87 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 17% more
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (817 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 41% less
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RBL Bank Credit Manager Salary

1 - 10 years exp. (135 salaries)

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₹2.4 L/yr - ₹11.4 L/yr

arrow icon 49% less
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AU Small Finance Bank Credit Manager Salary

0 - 11 years exp. (519 salaries)

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₹2.4 L/yr - ₹11 L/yr

arrow icon 55% less
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Bank of Baroda Credit Manager Salary

4 - 13 years exp. (209 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 30% more
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Jana Small Finance Bank Credit Manager Salary

2 - 12 years exp. (190 salaries)

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₹1.5 L/yr - ₹10 L/yr

arrow icon 55% less
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Equitas Small Finance Bank Credit Manager Salary

2 - 15 years exp. (175 salaries)

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₹2.2 L/yr - ₹9.7 L/yr

arrow icon 58% less
8 job openings
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DCB Bank Credit Manager Salary

3 - 12 years exp. (305 salaries)

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₹3 L/yr - ₹11.5 L/yr

arrow icon 47% less
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Ujjivan Small Finance Bank Credit Manager Salary

0 - 10 years exp. (134 salaries)

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₹2.7 L/yr - ₹9.2 L/yr

arrow icon 60% less
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IDBI Bank Credit Manager Salary

2 - 17 years exp. (107 salaries)

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₹8.5 L/yr - ₹28.9 L/yr

arrow icon 43% more
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₹3 L/yr - ₹8.9 L/yr

arrow icon 59% less
1 job opening
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Karur Vysya Bank Credit Manager Salary

1 - 12 years exp. (81 salaries)

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₹6 L/yr - ₹16 L/yr

arrow icon 21% less
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Barclays Credit Manager Salary

6 - 11 years exp. (67 salaries)

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₹8 L/yr - ₹27 L/yr

arrow icon 47% more
View all
Credit Manager salary at Karnataka Bank ranges between ₹10.5 Lakhs to ₹16 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 10 latest salaries received from various employees of Karnataka Bank.

Latest annual salaries shared by Karnataka Bank Credit Manager

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5 years exp.
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4 years exp.
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10 years exp.
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3 years exp.

Experience wise Karnataka Bank Credit Manager salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5.6 L/yr - ₹15 L/yr
1 year (AmbitionBox Estimate)

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₹5.6 L/yr - ₹15 L/yr
2 years (AmbitionBox Estimate)

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₹12.5 L/yr - ₹16 L/yr
3 years (AmbitionBox Estimate)

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₹13 L/yr - ₹24.8 L/yr
4 years (AmbitionBox Estimate)

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₹13 L/yr - ₹24.7 L/yr
View all

Similar Designation salaries in Karnataka Bank

Credit Officer Salary
(19 salaries)
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₹7 L/yr - ₹12 L/yr
Branch Manager Salary
(50 salaries)
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₹6 L/yr - ₹18 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹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)
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₹11.6 L/yr - ₹14.8 L/yr
Sales Officer Salary
(4 salaries)
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₹1 L/yr - ₹3 L/yr
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₹6 L/yr - ₹25 L/yr
Officer Salary
(84 salaries)
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₹4.5 L/yr - ₹12.5 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Karnataka Bank

2.8

Rated by 4 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No Transparency in transfer policy.

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

read more

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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Good
  • +1 more

Dislikes

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

  • Promotions - Bad
  • +3 more

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

read more
  • 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 .

read more
  • Salary - Poor
  • +3 more
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Karnataka Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Karnataka Bank ?
The average salary of a Credit Manager at Karnataka Bank in India typically ranges from ₹10.5 Lakhs to ₹16.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Credit Manager at Karnataka Bank earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Credit Manager Salaries at Karnataka 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 10 Karnataka Bank employees in India.
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 in India typically ranges from ₹93,408 to ₹95,916 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 10 salaries received from various employees of Karnataka Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Karnataka Bank for Credit Manager in India?
State Bank of India ₹10.0 Lakhs to ₹32.0 Lakhs per year
Barclays ₹8.0 Lakhs to ₹27.0 Lakhs per year
IDBI Bank ₹8.5 Lakhs to ₹28.9 Lakhs per year
Bank of Baroda ₹7.0 Lakhs to ₹24.0 Lakhs per year
Deutsche Bank ₹7.8 Lakhs to ₹27.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Karnataka Bank, depending on the role and experience level.
What is the salary of a Credit Manager in companies similar to Karnataka Bank in India?
The salary of a Credit Manager at companies similar to Karnataka Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Bank ₹12.0 Lakhs to ₹18.1 Lakhs per year
Federal Bank ₹10.0 Lakhs to ₹20.0 Lakhs per year
ANZ Banking Group ₹7.1 Lakhs to ₹23.0 Lakhs per year
DBS Bank ₹7.2 Lakhs to ₹26.3 Lakhs per year
Standard Chartered ₹7.1 Lakhs to ₹22.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Credit Manager at Karnataka Bank in India?
The salary growth for a Credit Manager at Karnataka Bank depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Karnataka Bank:

Experience Average Salary Range
Fresher ₹5.6 Lakhs to ₹15.0 Lakhs per year
1 year ₹5.6 Lakhs to ₹15.0 Lakhs per year
2 years ₹12.5 Lakhs to ₹16.0 Lakhs per year
3 years ₹13.0 Lakhs to ₹24.8 Lakhs per year
and so on.

Tell us how to improve this page.

Karnataka Bank Credit Manager salary in India ranges between ₹10.5 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Karnataka Bank latest salaries received from various employees of Karnataka Bank.