Punjab National Bank Senior Manager Credit Salaries by 60+ Employees (Updated 2025)

5 - 11 years exp.

₹11 Lakhs - ₹30 Lakhs

Salary of majority employees

68% more than the average Senior Manager Credit Salary in Banking Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 5 - 11 years exp. (29 salaries)	₹12 L/yr - ₹25 L/yr
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Finance & Accounting Senior Manager Credit Salary 5 - 10 years exp. (16 salaries)	₹11 L/yr - ₹28 L/yr

Last Updated: 22 Nov 2024

Companies similar to Punjab National Bank for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Manager Credit Salary 8 - 13 years exp. (5 salaries)	₹14 L/yr - ₹23 L/yr 28% less
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (159 salaries)	₹7 L/yr - ₹22.8 L/yr 36% less
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HDFC Bank Senior Manager Credit Salary 4 - 15 years exp. (335 salaries)	₹7.8 L/yr - ₹21.7 L/yr 39% less	1 job opening
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (118 salaries)	₹10 L/yr - ₹26.9 L/yr 30% less
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 11 years exp. (386 salaries)	₹6.5 L/yr - ₹16 L/yr 46% less
Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (188 salaries)	₹8.3 L/yr - ₹17 L/yr 45% less
IDBI Bank Senior Manager Credit Salary 6 - 12 years exp. (5 salaries)	₹14 L/yr - ₹18 L/yr 29% less
Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (48 salaries)	₹12 L/yr - ₹28 L/yr 10% less
Canara Bank Senior Manager Credit Salary 6 - 13 years exp. (26 salaries)	₹12.1 L/yr - ₹28 L/yr 5% less
Union Bank of India Senior Manager Credit Salary 6 - 14 years exp. (48 salaries)	₹11 L/yr - ₹28.5 L/yr 11% less

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Senior Manager Credit salary at Punjab National Bank ranges between ₹11 Lakhs to ₹30 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 62 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Senior Manager Credit salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
5 years (5 salaries)	₹13 L/yr - ₹38.3 L/yr
6 years (8 salaries)	₹12 L/yr - ₹39.4 L/yr
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7 years (12 salaries)	₹11 L/yr - ₹40.4 L/yr
8 years (9 salaries)	₹15 L/yr - ₹41.5 L/yr
9 years (13 salaries)	₹12 L/yr - ₹25 L/yr
10 years (10 salaries)	₹14 L/yr - ₹28 L/yr
11 years (5 salaries)	₹18.5 L/yr - ₹30 L/yr

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From

Senior Manager Credit

5 - 11 years exp.

Chief Manager

₹

Lakhs/yr

10 - 18 years exp.

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

Credit Manager Salary

(45 salaries)

₹6.8 L/yr - ₹20 L/yr

Deputy Manager Salary

(51 salaries)

₹5 L/yr - ₹15.7 L/yr

Chief Manager Salary

(162 salaries)

₹13.74 L/yr - ₹50.52 L/yr

Branch Manager Salary

(46 salaries)

₹5.75 L/yr - ₹20 L/yr

Senior Associate Salary

(3 salaries)

₹5 L/yr - ₹6 L/yr

Senior Credit Officer Salary

(4 salaries)

₹11.5 L/yr - ₹23 L/yr

Credit Analyst Salary

(4 salaries)

₹6.76 L/yr - ₹16 L/yr

Relationship Manager Salary

(10 salaries)

₹3 L/yr - ₹4 L/yr

Credit Officer Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.2 L/yr

Branch Credit Manager Salary

(6 salaries)

₹8 L/yr - ₹10 L/yr

Salary related reviews for Punjab National Bank

3.5

Rated by 7 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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Punjab National Bank Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at Punjab National Bank in India ranges between ₹11.0 Lakhs to ₹30.0 Lakhs for experience between 5 years to 11 years. According to our estimates it is 68% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 62 latest salaries received from various employees of Punjab National Bank India.

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

The average salary of a Senior Manager Credit at Punjab National Bank is 68% more than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

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

Sberbank Branch in India Senior Manager Credit Salary - ₹22.5 Lakhs to ₹40.0 Lakhs per year
Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹41.7 Lakhs per year

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

Canara Bank Senior Manager Credit Salary - ₹12.1 Lakhs to ₹28.0 Lakhs per year
Bank of Baroda Senior Manager Credit Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Union Bank of India Senior Manager Credit Salary - ₹11.0 Lakhs to ₹28.5 Lakhs per year
Indian Overseas Bank Senior Manager Credit Salary - ₹17.0 Lakhs to ₹21.0 Lakhs per year
Deutsche Bank Senior Manager Credit Salary - ₹16.9 Lakhs to ₹21.6 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Punjab National Bank ranges between ₹1,47,956 per month to ₹1,53,509 per month in India. The take-home salary calculation is based on the average Punjab National Bank Senior Manager Credit salary in India which ranges between ₹11.0 Lakhs to ₹30.0 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 88% of the Punjab National Bank Senior Manager Credits reported a notice period of 3 Months, 12% reported a notice period of 1 Month.This is based on 24 responses on AmbitionBox in last 2 years.

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Punjab National Bank Senior Manager Credit Salaries by Location

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Punjab National Bank Senior Manager Credit Salaries

Punjab National Bank Senior Manager Credit salary in India ranges between ₹11 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 62 Punjab National Bank latest salaries received from various employees of Punjab National Bank.