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Maharashtra Gramin Bank Credit Manager salaries in India

Annual salary range
1 - 15 years exp.
₹7.2 Lakhs - ₹12.7 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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40% more than the average Credit Manager Salary in Financial Services Companies for 1 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
8 - 15 years exp. (3 salaries)
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₹12 L/yr - ₹12.7 L/yr

Finance & Accounting
Credit Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹7.9 L/yr

Last Updated: 30 Jan 2024

Companies similar to Maharashtra Gramin Bank for Credit Manager

Company name Avg Annual Salary Open Jobs
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Edelweiss Credit Manager Salary

0 - 8 years exp. (141 salaries)

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₹2.7 L/yr - ₹12 L/yr

arrow icon 36% less
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ICICI Home Finance Credit Manager Salary

1 - 9 years exp. (126 salaries)

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₹2.5 L/yr - ₹11.2 L/yr

arrow icon 41% less
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Aadhar Housing Finance Credit Manager Salary

1 - 9 years exp. (118 salaries)

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₹3 L/yr - ₹6.7 L/yr

arrow icon 56% less
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₹3.1 L/yr - ₹10 L/yr

arrow icon 53% less
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JM Financial Credit Manager Salary

3 - 9 years exp. (6 salaries)

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₹3.6 L/yr - ₹8.6 L/yr

arrow icon 40% less
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Sharekhan Credit Manager Salary

2 - 7 years exp. (5 salaries)

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₹4 L/yr - ₹8.3 L/yr

arrow icon 53% less
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Better.com Credit Manager Salary

7 - 9 years exp. (3 salaries)

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₹8 L/yr - ₹12 L/yr

arrow icon 3% less
Credit Manager salary at Maharashtra Gramin Bank ranges between ₹7.2 Lakhs to ₹12.7 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Maharashtra Gramin Bank.

Latest annual salaries shared by Maharashtra Gramin Bank Credit Manager

11mo ago
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9 years exp.
1y ago
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15 years exp.
1y ago
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8 years exp.
1y ago
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1 year exp.

Experience wise Maharashtra Gramin Bank Credit Manager salaries

Last Updated: 30 Jan 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
8 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
9 years (AmbitionBox Estimate)

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₹10.8 L/yr - ₹13.8 L/yr
15+ years (AmbitionBox Estimate)

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₹11.4 L/yr - ₹14.6 L/yr

Similar Designation salaries in Maharashtra Gramin Bank

Branch Manager Salary
(8 salaries)
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₹7 L/yr - ₹11 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹17.8 L/yr - ₹22.8 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Maharashtra Gramin Bank

BFSI, Investments & Trading Department

5.0
  •  posted on 14 Jan 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

read more
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Maharashtra Gramin Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Maharashtra Gramin Bank ?
The average salary of a Credit Manager at Maharashtra Gramin Bank in India typically ranges from ₹7.2 Lakhs to ₹12.7 Lakhs per year, depending on experience (from 1 year to 15 years).

The top 10% of Credit Manager at Maharashtra Gramin Bank earn more than ₹12.7 Lakhs per year, and the top 1% earn over ₹12.7 Lakhs per year. Credit Manager Salaries at Maharashtra Gramin 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 4 Maharashtra Gramin Bank employees in India.
What is the estimated take home salary of a Credit Manager at Maharashtra Gramin Bank in India?
The estimated take-home salary of a Credit Manager at Maharashtra Gramin Bank in India typically ranges from ₹78,575 to ₹80,617 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹12.7 Lakhs per year for employees with experience ranging from 1 year to 15 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 4 salaries received from various employees of Maharashtra Gramin Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Credit Manager in companies similar to Maharashtra Gramin Bank in India?
The salary of a Credit Manager at companies similar to Maharashtra Gramin Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Better.com ₹8.0 Lakhs to ₹12.0 Lakhs per year
Edelweiss ₹2.7 Lakhs to ₹12.0 Lakhs per year
JM Financial ₹3.6 Lakhs to ₹8.6 Lakhs per year
ICICI Home Finance ₹2.5 Lakhs to ₹11.2 Lakhs per year
SBI Cards & Payment Services ₹3.1 Lakhs to ₹10.0 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 Maharashtra Gramin Bank in India?
The salary growth for a Credit Manager at Maharashtra Gramin Bank depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Maharashtra Gramin Bank:

Experience Average Salary Range
1 year ₹6.5 Lakhs to ₹8.3 Lakhs per year
8 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
9 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
15 years ₹11.4 Lakhs to ₹14.6 Lakhs per year
and so on.

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Maharashtra Gramin Bank Credit Manager salary in India ranges between ₹7.2 Lakhs to ₹12.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Maharashtra Gramin Bank latest salaries received from various employees of Maharashtra Gramin Bank.