Punjab National Bank Senior Credit Risk Manager Salaries by 4 Employees (Updated 2025)

7 - 12 years exp.

₹17 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

62% more than the average Senior Credit Risk Manager Salary in Banking Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Credit Risk Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr
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Risk Management & Compliance Senior Credit Risk Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹30 L/yr - ₹40 L/yr

Last Updated: 11 Mar 2025

Companies similar to Punjab National Bank for Senior Credit Risk Manager

Company name	Avg Annual Salary	Open Jobs
Yes Bank Senior Credit Risk Manager Salary 3 - 8 years exp. (8 salaries)	₹12 L/yr - ₹18.1 L/yr 52% less
ICICI Bank Senior Credit Risk Manager Salary 3 - 9 years exp. (5 salaries)	₹12 L/yr - ₹16 L/yr 40% less
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HDFC Bank Senior Credit Risk Manager Salary 6 - 14 years exp. (5 salaries)	₹13.5 L/yr - ₹25.5 L/yr 27% less
Axis Bank Senior Credit Risk Manager Salary 8 - 11 years exp. (5 salaries)	₹17 L/yr - ₹23 L/yr 21% less
AU Small Finance Bank Senior Credit Risk Manager Salary 6 - 12 years exp. (4 salaries)	₹7 L/yr - ₹18.6 L/yr 43% less
IDFC FIRST Bank Senior Credit Risk Manager Salary 5 - 8 years exp. (3 salaries)	₹13 L/yr - ₹14 L/yr 49% less
Bank of India Senior Credit Risk Manager Salary 13 - 15 years exp. (3 salaries)	₹18 L/yr - ₹20 L/yr 26% less
Kotak Mahindra Bank Senior Credit Risk Manager Salary 4 - 6 years exp. (3 salaries)	₹10.5 L/yr - ₹12 L/yr 58% less

Senior Credit Risk Manager salary at Punjab National Bank ranges between ₹17 Lakhs to ₹40 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Senior Credit Risk Manager salaries

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
9 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.5 L/yr
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11 years (AmbitionBox Estimate)	₹27 L/yr - ₹34.5 L/yr
12 years (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr

Similar Designation salaries in Punjab National Bank

Senior Credit Officer Salary

(4 salaries)

₹11.5 L/yr - ₹23 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Branch Credit Manager Salary

(6 salaries)

₹8 L/yr - ₹10 L/yr

Credit Manager Salary

(46 salaries)

₹8 L/yr - ₹22 L/yr

Assistant Credit Manager Salary

(3 salaries)

₹9.9 L/yr - ₹11 L/yr

Senior Associate Salary

(3 salaries)

₹5 L/yr - ₹6 L/yr

Relationship Manager Salary

(11 salaries)

₹3 L/yr - ₹4 L/yr

Deputy Manager Salary

(51 salaries)

₹5 L/yr - ₹15.7 L/yr

Chief Manager Salary

(160 salaries)

₹13.7 L/yr - ₹50.52 L/yr

Credit Officer Salary

(7 salaries)

₹5.25 L/yr - ₹13 L/yr

Salary related reviews for Punjab National Bank

4.0

Rated by 1 employees for salary & benefits

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.

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.

Salary - Poor

+5 more

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

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

Company culture - Poor

+1 more

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

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.

Skill development - Poor

+3 more

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.

Salary - Good

+6 more

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.

Salary - Good

+5 more

Dislikes

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

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Punjab National Bank Senior Credit Risk Manager Salary FAQs

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

The average salary of a Senior Credit Risk Manager at Punjab National Bank in India typically ranges from ₹17.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Senior Credit Risk Manager at Punjab National Bank earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Senior Credit Risk 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 4 Punjab National Bank employees in India.

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

The estimated take-home salary of a Senior Credit Risk Manager at Punjab National Bank in India typically ranges from ₹1,63,742 to ₹1,70,009 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 7 years to 12 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 Punjab National Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Senior Credit Risk Manager at companies similar to Punjab National Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹17.0 Lakhs to ₹23.0 Lakhs per year
Bank of India	₹18.0 Lakhs to ₹20.0 Lakhs per year
HDFC Bank	₹13.5 Lakhs to ₹25.5 Lakhs per year
ICICI Bank	₹12.0 Lakhs to ₹16.0 Lakhs per year
AU Small Finance Bank	₹7.0 Lakhs to ₹18.6 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 Senior Credit Risk Manager at Punjab National Bank in India?

The salary growth for a Senior Credit Risk Manager at Punjab National Bank depends on factors such as experience, performance, and promotions. On average, a Senior Credit Risk Manager can expect the following growth trajectory at Punjab National Bank:

Experience	Average Salary Range
7 years	₹15.3 Lakhs to ₹19.5 Lakhs per year
9 years	₹15.3 Lakhs to ₹19.5 Lakhs per year
11 years	₹27.0 Lakhs to ₹34.5 Lakhs per year
12 years	₹36.0 Lakhs to ₹46.0 Lakhs per year

and so on.

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Punjab National Bank Senior Credit Risk Manager Salaries

Punjab National Bank Senior Credit Risk Manager salary in India ranges between ₹17 Lakhs to ₹40 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.