MUFG Bank Mumbai Credit Manager Salaries by 3 Employees (Updated 2025)

3 - 6 years exp.

₹23 Lakhs - ₹30.6 Lakhs

Low Confidence

Salary of majority employees

219% more than the average Credit Manager Salary in Financial Services Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 years exp. (AmbitionBox Estimate)	₹20.7 L/yr - ₹25.3 L/yr
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Risk Management & Compliance Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹27.5 L/yr - ₹33.7 L/yr

Last Updated: 29 Dec 2024

Companies similar to MUFG Bank for Credit Manager in Mumbai

MUFG Bank Credit Manager Salary

3 - 6 years exp. (3 salaries)

₹23 L/yr - ₹30.6 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Manager Salary 3 - 14 years exp. (8 salaries)	₹12 L/yr - ₹27 L/yr 30% less
ICICI Bank Credit Manager Salary 0 - 11 years exp. (565 salaries)	₹4.3 L/yr - ₹15 L/yr 62% less	1 job opening
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HDFC Bank Credit Manager Salary 0 - 12 years exp. (440 salaries)	₹4 L/yr - ₹14 L/yr 64% less	5 job openings
Axis Bank Credit Manager Salary 0 - 12 years exp. (143 salaries)	₹4.7 L/yr - ₹15 L/yr 65% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (235 salaries)	₹3.8 L/yr - ₹15.2 L/yr 67% less
IndusInd Bank Credit Manager Salary 3 - 12 years exp. (32 salaries)	₹3.6 L/yr - ₹11.4 L/yr 71% less
Yes Bank Credit Manager Salary 0 - 10 years exp. (73 salaries)	₹4.6 L/yr - ₹14.1 L/yr 67% less	2 job openings
Punjab National Bank Credit Manager Salary 4 - 9 years exp. (14 salaries)	₹10 L/yr - ₹20 L/yr 34% less
Bank of Baroda Credit Manager Salary 3 - 12 years exp. (26 salaries)	₹8 L/yr - ₹22 L/yr 37% less
Canara Bank Credit Manager Salary 7 - 12 years exp. (4 salaries)	₹13 L/yr - ₹18.7 L/yr 30% less

Credit Manager salary at MUFG Bank ranges between ₹23 Lakhs to ₹30.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of MUFG Bank.

Experience wise MUFG Bank Credit Manager salaries in Mumbai

Last Updated: 29 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹20.7 L/yr - ₹26.5 L/yr
4 years (AmbitionBox Estimate)	₹27.5 L/yr - ₹35.2 L/yr
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6 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr

Similar Designation salaries in MUFG Bank

Assistant Vice President Salary

(59 salaries)

₹11 L/yr - ₹35 L/yr

Senior Associate Salary

(8 salaries)

₹4 L/yr - ₹7.5 L/yr

Credit Analyst Salary

(7 salaries)

₹15.6 L/yr - ₹25 L/yr

Associate Vice President Salary

(6 salaries)

₹24 L/yr - ₹33 L/yr

Relationship Manager Salary

(3 salaries)

₹50 L/yr - ₹51 L/yr

Salary related reviews for MUFG Bank

Senior Associate in New Delhi

Trade finance Department

4.0

• posted on 27 Dec 2019

4.0

for Salary and Benefits

Likes

...ngs. Added benefits like life and health insurance cover. International trips. Rewards and bonus. Regular trainings and other e-learning. sophisticated and intellectual colleagues.

Dislikes

none

AVP in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Nov 2024

1.0

for Salary and Benefits

Likes

1. People are nice 2. Work life balance 3. Hybrid working

Dislikes

1. The pay is way below the market 2. No scope for growth (at all) 3. No matter the designation (ex. Director grade) you will be an individual contributor

AVP in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

4.0

• posted on 28 Jul 2023

4.0

for Salary and Benefits

Likes

Worklife Balance Bangalore management Culture

Dislikes

No learning Too much restructuring People with less experience are being hired in senior roles with higher package. Tenured employees with less salary are not promoted

Analyst in New Delhi

Full Time

Other Department

2.0

• posted on 02 Aug 2022

1.0

for Salary and Benefits

Likes

There is job security and salary comes on time.

Dislikes

The bank has all old people working for the past 25-35 years. The average salary hike is 6% p.a. There is no work life balance. One has to sit daily at nights to complete work. If you tell the same to the management or HR, they wont take any action on the same as they support and glorify this culture themselves.

Sr.Data Analyst- SSRS SQL Server And Power BI in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

5.0

• posted on 03 Aug 2024

5.0

for Salary and Benefits

Likes

Company and policy Hybrid working policy Salary and benefits Office transportation Car lease scheme Medical insurance Team members and manager

Dislikes

For IT professional,Office located in Bangalore only. Should have more working locations like in Pune , Mumbai ,Gujrat and Delhi.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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MUFG Bank Credit Manager Salary FAQs

What is the notice period for Credit Manager at MUFG Bank in Mumbai?

According to AmbitionBox, 100% of the MUFG Bank Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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MUFG Bank Credit Manager Salaries in Mumbai

MUFG Bank Credit Manager salary in Mumbai ranges between ₹23 Lakhs to ₹30.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 MUFG Bank latest salaries received from various employees of MUFG Bank.