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Punjab National Bank Credit Manager salaries in New Delhi (Updated 2025)

Annual salary range
4 - 8 years exp.
₹9.8 Lakhs - ₹22 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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103% more than the average Credit Manager Salary in Banking Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
5 - 8 years exp. (12 salaries)
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₹9.8 L/yr - ₹22 L/yr

Finance & Accounting
Credit Manager Salary
4 - 6 years exp. (AmbitionBox Estimate)
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₹10.4 L/yr - ₹18.1 L/yr

Risk Management & Compliance
Credit Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹20 L/yr

Last Updated: 29 Mar 2025

Companies similar to Punjab National Bank for Credit Manager in New Delhi

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Punjab National Bank Credit Manager Salary

4 - 8 years exp. (15 salaries)

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₹9.8 L/yr - ₹22 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (539 salaries)

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₹4.7 L/yr - ₹16 L/yr

arrow icon 36% less
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (482 salaries)

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₹3.7 L/yr - ₹15.5 L/yr

arrow icon 47% less
12 job openings
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Axis Bank Credit Manager Salary

0 - 11 years exp. (168 salaries)

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₹3.6 L/yr - ₹14.6 L/yr

arrow icon 48% less
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Kotak Mahindra Bank Credit Manager Salary

0 - 10 years exp. (155 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 44% less
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (112 salaries)

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₹3.3 L/yr - ₹12 L/yr

arrow icon 52% less
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AU Small Finance Bank Credit Manager Salary

0 - 10 years exp. (83 salaries)

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₹3.5 L/yr - ₹10.3 L/yr

arrow icon 64% less
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Yes Bank Credit Manager Salary

1 - 10 years exp. (79 salaries)

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₹4.2 L/yr - ₹16 L/yr

arrow icon 45% less
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Bandhan Bank Credit Manager Salary

0 - 12 years exp. (36 salaries)

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₹2.6 L/yr - ₹9.5 L/yr

arrow icon 61% less
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RBL Bank Credit Manager Salary

2 - 9 years exp. (26 salaries)

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₹3.5 L/yr - ₹11.5 L/yr

arrow icon 57% less
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (23 salaries)

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₹4.1 L/yr - ₹14.7 L/yr

arrow icon 50% less
9 job openings
View all
Credit Manager salary at Punjab National Bank ranges between ₹9.8 Lakhs to ₹22 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 15 latest salaries received from various employees of Punjab National Bank.

Latest annual salaries shared by Punjab National Bank Credit Manager in New Delhi

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8 years exp.
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7 years exp.
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4 years exp.

Experience wise Punjab National Bank Credit Manager salaries in New Delhi

Last Updated: 29 Mar 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹14.2 L/yr - ₹18.2 L/yr
5 years  (3 salaries)

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₹9.8 L/yr - ₹18 L/yr
6 years  (4 salaries)

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₹10 L/yr - ₹29.5 L/yr
7 years  (4 salaries)

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₹12.5 L/yr - ₹22 L/yr
8 years  (3 salaries)

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₹14 L/yr - ₹30.4 L/yr
Punjab National Bank Credit Manager Salary and Career Growth

From

To

Credit Manager

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4 - 9 years exp.

Chief Manager

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10 - 18 years exp.

Credit Manager 4 - 9 years exp.
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Senior Manager 7 - 13 years exp.
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arrow icon 21% hike
    Chief Manager 10 - 18 years exp.
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    arrow icon 49% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Punjab National Bank

    Chief Manager Salary
    (39 salaries)
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    ₹12 L/yr - ₹40 L/yr
    Deputy Manager Salary
    (9 salaries)
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    ₹6.5 L/yr - ₹15 L/yr
    Credit Officer Salary
    (4 salaries)
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    ₹5.25 L/yr - ₹14.5 L/yr
    Branch Manager Salary
    (3 salaries)
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    ₹6.75 L/yr - ₹15 L/yr

    Salary related reviews for Punjab National Bank

    2.3

    Rated by 2 employees for salary & benefits

    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.

    • Job security - Excellent

    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.

    read more
    • Salary - Poor
    • +5 more

    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

    read more
    • Salary - Good
    • +1 more

    Dislikes

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

    read more
    • Company culture - Poor
    • +1 more

    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

    read more
    • Job security - Excellent

    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.

    read more
    • Skill development - Poor
    • +3 more

    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.

    read more
    • Salary - Good
    • +6 more

    Dislikes

    It is hectic sometimes

    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.

    read more
    • Salary - Good
    • +5 more

    Dislikes

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

    see more salary related reviews

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    Punjab National Bank Credit Manager Salary FAQs

    What is the salary of Credit Manager at Punjab National Bank in New Delhi?
    The average salary of a Credit Manager at Punjab National Bank in New Delhi typically ranges from ₹9.8 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 4 years to 8 years).

    The top 10% of Credit Manager in New Delhi at Punjab National Bank earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Credit Manager Salaries at Punjab National 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+ Punjab National Bank employees in India.
    What is the estimated take home salary of a Credit Manager at Punjab National Bank in New Delhi?
    The estimated take-home salary of a Credit Manager at Punjab National Bank in New Delhi typically ranges from ₹1,12,309 to ₹1,15,428 per month. This is based on the average salary range of ₹9.8 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 4 years to 8 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 Punjab National Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than Punjab National Bank for Credit Manager in India?
    Canara Bank ₹12.0 Lakhs to ₹22.0 Lakhs per year
    State Bank of India ₹13.0 Lakhs to ₹20.0 Lakhs per year
    Barclays ₹8.0 Lakhs to ₹27.0 Lakhs per year
    Bank of Baroda ₹11.1 Lakhs to ₹22.0 Lakhs per year

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

    Standard Chartered ₹11.6 Lakhs to ₹22.0 Lakhs per year
    Indian Overseas Bank ₹11.0 Lakhs to ₹17.0 Lakhs per year
    Union Bank of India ₹11.2 Lakhs to ₹18.0 Lakhs per year
    Sberbank Branch in India ₹13.5 Lakhs to ₹14.0 Lakhs per year
    NatWest Group ₹11.5 Lakhs to ₹22.6 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 Punjab National Bank in New Delhi?
    The salary growth for a Credit Manager at Punjab National Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Credit Manager in New Delhi can expect the following growth trajectory at Punjab National Bank:

    Experience Average Salary Range
    4 years ₹14.2 Lakhs to ₹18.2 Lakhs per year
    5 years ₹9.8 Lakhs to ₹18.0 Lakhs per year
    6 years ₹10.0 Lakhs to ₹29.5 Lakhs per year
    7 years ₹12.5 Lakhs to ₹22.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Punjab National Bank Credit Manager salary in New Delhi ranges between ₹9.8 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Punjab National Bank latest salaries received from various employees of Punjab National Bank.