Punjab National Bank Indore Credit Manager Salaries by 4 Employees (Updated 2024)

4 - 5 years exp.

₹13 Lakhs - ₹18 Lakhs

Salary of majority employees

142% more than the average Credit Manager Salary in Banking Companies for 4 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹18 L/yr
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Finance & Accounting Credit Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr

Last Updated: 9 Dec 2024

Companies similar to Punjab National Bank for Credit Manager in Indore

Punjab National Bank Credit Manager Salary

4 - 5 years exp. (4 salaries)

₹13 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Credit Manager Salary 2 - 9 years exp. (12 salaries)	₹5.8 L/yr - ₹14 L/yr 45% less	2 job openings
IndusInd Bank Credit Manager Salary 3 - 9 years exp. (5 salaries)	₹5.3 L/yr - ₹12.9 L/yr 53% less
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IDFC FIRST Bank Credit Manager Salary 1 - 9 years exp. (42 salaries)	₹3.3 L/yr - ₹11 L/yr 55% less	1 job opening
RBL Bank Credit Manager Salary 1 - 10 years exp. (7 salaries)	₹4.5 L/yr - ₹10 L/yr 62% less
AU Small Finance Bank Credit Manager Salary 0 - 10 years exp. (51 salaries)	₹2.4 L/yr - ₹9.5 L/yr 66% less	1 job opening
Bandhan Bank Credit Manager Salary 0 - 9 years exp. (18 salaries)	₹2.5 L/yr - ₹9.7 L/yr 59% less
Bank of Baroda Credit Manager Salary 3 - 9 years exp. (7 salaries)	₹10 L/yr - ₹17 L/yr At par
IDBI Bank Credit Manager Salary 12 - 14 years exp. (3 salaries)	₹18 L/yr - ₹23.7 L/yr 18% more
Central Bank of India Credit Manager Salary 2 - 5 years exp. (3 salaries)	₹12 L/yr - ₹17 L/yr 16% less

Credit Manager salary at Punjab National Bank ranges between ₹13 Lakhs to ₹18 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Credit Manager salaries in Indore

Last Updated: 9 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹13 L/yr - ₹28 L/yr
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5 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹18 L/yr

Similar Designation salaries in Punjab National Bank

Chief Manager Salary

(5 salaries)

₹15 L/yr - ₹30.34 L/yr

Salary related reviews for Punjab National Bank

Deputy Manager in Patna

Full Time

Strategic & Top Management Department

1.0

• posted on 03 Sep 2024

2.0

for Salary and Benefits

Likes

No matter what you do your salary will remain same.

Dislikes

Frequent transfers to remote villages create hell lot of family problems and other problems as well. Banking sector has hell lot of corruption and you will feel very insecure if you are moral.

Senior Associate in Mandi

Full Time

Finance & Accounting Department

3.0

• posted on 18 Oct 2023

4.0

for Salary and Benefits

Likes

Job security Good Salary Good perks and allowances Supportive to leaners and new joinees Overall good in terms of learning new things

Dislikes

No work life balance Extending work hours Bad management Poor work culture in top management Work pressure too much in officer cadre

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 16 Oct 2023

3.0

for Salary and Benefits

Likes

decent salary and perks but still less than Central Governments employees

Dislikes

Undue pressure is put on us for target completion with staff shortage. Apart from this we have to deal with throttling compliance policies which makes even simple work cumbersome and difficult. There are so many portals for complaints and we are always on our toes.

Chief Manager in Patiala

BFSI, Investments & Trading Department

5.0

• posted on 26 Oct 2018

4.0

for Salary and Benefits

Likes

...on is excellent.In a nutshell good and progressive bank with solid fundamentals. Salary is as in other PSU banks.

Dislikes

It is hectic sometimes

Chief Manager in Kolkata

BFSI, Investments & Trading Department

5.0

• posted on 05 Oct 2018

4.0

for Salary and Benefits

Likes

... a public sector bank , the activities are as per the directives of RBI/GovtThe. Salary is as per bi-partite settlement between IBA and trade unions.

Dislikes

There is no work-life balance, especially for the branch heads.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Punjab National Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Punjab National Bank Indore?

Credit Manager salary at Punjab National Bank in Indore ranges between ₹13.0 Lakhs to ₹18.0 Lakhs for experience between 4 years to 5 years. According to our estimates it is 142% more than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank Indore.

How does the salary of a Credit Manager at Punjab National Bank Indore compare with the average salary range for this job?

The average salary of a Credit Manager at Punjab National Bank is 142% more than the average salary of a Credit Manager in Indore. To know exact salary insights, login to view.

Which similar companies are paying more than Punjab National Bank to a Credit Manager in Indore?

IDBI Bank Credit Manager Salary - ₹18.0 Lakhs to ₹23.7 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Punjab National Bank in Indore?

Central Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹5.8 Lakhs to ₹14.0 Lakhs per year
IndusInd Bank Credit Manager Salary - ₹5.3 Lakhs to ₹12.9 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.3 Lakhs to ₹11.0 Lakhs per year
Bandhan Bank Credit Manager Salary - ₹2.5 Lakhs to ₹9.7 Lakhs per year

What is the estimated take home salary of a Credit Manager at Punjab National Bank in Indore?

The estimated take-home salary of a Credit Manager at Punjab National Bank ranges between ₹1,12,222 per month to ₹1,15,338 per month in Indore. The take-home salary calculation is based on the average Punjab National Bank Credit Manager salary in India which ranges between ₹13.0 Lakhs to ₹18.0 Lakhs per year for employees with experience between 4 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Punjab National Bank in Indore?

According to AmbitionBox, 100% of the Punjab National Bank Credit Managers in Indore reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Punjab National Bank Credit Manager Salaries in Indore

Punjab National Bank Credit Manager salary in Indore ranges between ₹13 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Punjab National Bank latest salaries received from various employees of Punjab National Bank.