PSU Banks Credit Manager Salaries by 3 Employees (Updated 2025)

3 - 10 years exp.

₹10 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

77% more than the average Credit Manager Salary for 3 - 10 years of experience

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Last Updated: 4 Jan 2024

Companies similar to PSU Banks for Credit Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	₹10 L/yr - ₹32 L/yr 43% more
Bank of Baroda Credit Manager Salary 4 - 13 years exp. (169 salaries)	₹7 L/yr - ₹24 L/yr 27% more
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Punjab National Bank Credit Manager Salary 4 - 9 years exp. (45 salaries)	₹6.8 L/yr - ₹20 L/yr 16% more
Canara Bank Credit Manager Salary 7 - 12 years exp. (36 salaries)	₹11.1 L/yr - ₹26 L/yr 37% more
Bank of India Credit Manager Salary 5 - 10 years exp. (81 salaries)	₹7 L/yr - ₹21 L/yr 2% less
Union Bank of India Credit Manager Salary 6 - 11 years exp. (39 salaries)	₹6.6 L/yr - ₹20 L/yr 13% more
Indian Bank Credit Manager Salary 0 - 9 years exp. (40 salaries)	₹9 L/yr - ₹17 L/yr 8% less
Central Bank of India Credit Manager Salary 0 - 13 years exp. (15 salaries)	₹10 L/yr - ₹17 L/yr 1% less
Indian Overseas Bank Credit Manager Salary 6 - 12 years exp. (19 salaries)	₹11 L/yr - ₹17 L/yr 13% more
Bank of Maharashtra Credit Manager Salary 5 - 10 years exp. (30 salaries)	₹10 L/yr - ₹20 L/yr 9% more
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	₹4.3 L/yr - ₹18 L/yr 27% less
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HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.3 L/yr 38% less	5 job openings
Axis Bank Credit Manager Salary 0 - 12 years exp. (825 salaries)	₹4 L/yr - ₹14.8 L/yr 36% less
Accenture Credit Manager Salary 0 - 14 years exp. (9 salaries)	₹2.2 L/yr - ₹12 L/yr 48% less
Genpact Credit Manager Salary 7 - 10 years exp. (5 salaries)	₹11 L/yr - ₹14 L/yr 6% less
TCS Credit Manager Salary 1 - 10 years exp. (5 salaries)	₹2.5 L/yr - ₹8.8 L/yr 70% less
Concentrix Corporation Credit Manager Salary 3 - 13 years exp. (5 salaries)	₹6.5 L/yr - ₹16 L/yr 17% less
PwC Credit Manager Salary 0 - 4 years exp. (4 salaries)	₹10.2 L/yr - ₹13 L/yr 16% less
Capgemini Credit Manager Salary 3 - 9 years exp. (3 salaries)	₹8 L/yr - ₹16.5 L/yr 21% less

Credit Manager salary at PSU Banks ranges between ₹10 Lakhs to ₹15 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of PSU Banks.

Experience wise PSU Banks Credit Manager salaries

Last Updated: 4 Jan 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹10 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
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5 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.6 L/yr
6 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
7 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.8 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
10 years (AmbitionBox Estimate)	₹14 L/yr - ₹29.7 L/yr

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Similar Designation salaries in PSU Banks

Credit Officer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Branch Manager Salary

(4 salaries)

₹6.5 L/yr - ₹20 L/yr

Deputy Manager Salary

(6 salaries)

₹5.4 L/yr - ₹20 L/yr

Chief Manager Salary

(4 salaries)

₹15 L/yr - ₹32 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Officer Salary

(6 salaries)

₹5 L/yr - ₹12 L/yr

Salary related reviews for PSU Banks

Manager-F&A in New Delhi

Full Time

Finance & Accounting Department

5.0

• posted on 21 Sep 2024

4.0

for Salary and Benefits

Likes

देश के संसाधनों का बेहतर उपयोग करके लोक कल्याण करना । रोजगार के अवसर उत्पन्न करना । To do public welfare by making better use of the resources of the country. To generate employment opportunities.

Salary - Good

+5 more

Dislikes

प्राइवेट कॉरपोरेट सेक्टर से कम वेतन । Lower salary than private corporate sector.

Account Assistant in New Delhi

Administration & Facilities Department

5.0

• posted on 19 Mar 2021

3.0

for Salary and Benefits

Likes

I would like to say that, I worked in various departments in JNU, and there is lots of experience to handle students, staffs and knowing about admission process, administrative rules regulations etc. And finance too..

Skill development - Good

+2 more

Dislikes

There is no opportunity for permanent and salary hiking is very low as per govt. Of NCT of Delhi.

Private Secretary (working remotely)

Part Time

Human Resources Department

5.0

• posted on 19 Mar 2023

4.0

for Salary and Benefits

Likes

Working in a PSU is not bad. In PSUs the employees are getting very good remuneration in addition to the other benefits like PRP, cafeteria etc.

Salary - Good

+6 more

Dislikes

In PSU, the employees who were rendered more than 35 years of service are getting a nominal pension of about Rs..4000/-, hence no social security is available if we work in PSU.

Senior Branch Manager in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 15 Oct 2017

4.0

for Salary and Benefits

Likes

The bank is with CBS system adopted state of the art technology updating from time to time with the need of the hour having excellent inhouse staff training college to impart training at beautiful place Manipal a village but with the status of Cosmopolitan city adore with environment and presence of international students gentry .the bank is unique in innovative products of banking for the common man and community having greater role in the development of the society on the social and economic front with sole aim to be part of startup India,standup India and makeup India along with excellent opportunities for self development and professional career with scope of fast track promotions !!!!! Besides reasonable salary and perks. And lastely to get opportunity to serve the people proudly and honestly.

Salary - Good

+6 more

Dislikes

Politics of groupism , inappropriate transfer policy , influence of union and associations , victimisation of innocent and non influencial on posting under transfer policy ,non existence of performance based variable pay and perks.

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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PSU Banks Credit Manager Salary FAQs

What is the notice period for Credit Manager at PSU Banks?

According to AmbitionBox, 50% of the PSU Banks Credit Managers reported a notice period of 3 Months, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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PSU Banks Credit Manager Salaries

PSU Banks Credit Manager salary in India ranges between ₹10 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 PSU Banks latest salaries received from various employees of PSU Banks.