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

5 - 11 years exp.

₹10.5 Lakhs - ₹30 Lakhs

Avg. annual salary

Monthly In-hand Salary

60% 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. (30 salaries)	₹8.8 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: 31 Mar 2025

Companies similar to Punjab National Bank for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (387 salaries)	₹6.5 L/yr - ₹16 L/yr 43% less
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (328 salaries)	₹7 L/yr - ₹22.5 L/yr 35% less	1 job opening
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Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (186 salaries)	₹7.8 L/yr - ₹17 L/yr 42% less
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (165 salaries)	₹7 L/yr - ₹22.8 L/yr 33% less
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (121 salaries)	₹7 L/yr - ₹22.9 L/yr 32% less
IDFC FIRST Bank Senior Manager Credit Salary 2 - 12 years exp. (81 salaries)	₹6.3 L/yr - ₹16 L/yr 50% less
AU Small Finance Bank Senior Manager Credit Salary 3 - 12 years exp. (62 salaries)	₹4.7 L/yr - ₹15.5 L/yr 53% less
Union Bank of India Senior Manager Credit Salary 7 - 14 years exp. (48 salaries)	₹11 L/yr - ₹28.5 L/yr 9% less
Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (47 salaries)	₹12 L/yr - ₹28 L/yr 5% less
Jana Small Finance Bank Senior Manager Credit Salary 3 - 10 years exp. (38 salaries)	₹3.1 L/yr - ₹12 L/yr 69% less

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Senior Manager Credit salary at Punjab National Bank ranges between ₹10.5 Lakhs to ₹30 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 65 latest salaries received from various employees of Punjab National Bank.

Experience wise Punjab National Bank Senior Manager Credit salaries

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
5 years (5 salaries)	₹13 L/yr - ₹36.5 L/yr
6 years (8 salaries)	₹12 L/yr - ₹21 L/yr
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7 years (13 salaries)	₹8.8 L/yr - ₹38.5 L/yr
8 years (10 salaries)	₹15 L/yr - ₹22 L/yr
9 years (13 salaries)	₹12 L/yr - ₹25 L/yr
10 years (11 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

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)

₹8 L/yr - ₹22 L/yr

Deputy Manager Salary

(51 salaries)

₹5 L/yr - ₹15.7 L/yr

Chief Manager Salary

(164 salaries)

₹13.78 L/yr - ₹50.52 L/yr

Branch Manager Salary

(54 salaries)

₹5 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

(11 salaries)

₹3 L/yr - ₹4 L/yr

Credit Officer Salary

(8 salaries)

₹5.25 L/yr - ₹14.5 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.

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Punjab National Bank Senior Manager Credit Salary FAQs

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

The average salary of a Senior Manager Credit at Punjab National Bank in India typically ranges from ₹10.5 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Senior Manager Credit at Punjab National Bank earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹29.7 Lakhs per year. Senior Manager Credit 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 60+ Punjab National Bank employees in India.

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 in India typically ranges from ₹1,42,034 to ₹1,47,320 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 5 years to 11 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 60+ 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 Senior Manager Credit in India?

Sberbank Branch in India	₹22.5 Lakhs to ₹40.0 Lakhs per year
Canara Bank	₹16.0 Lakhs to ₹35.0 Lakhs per year
Standard Chartered	₹10.4 Lakhs to ₹33.4 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 Senior Manager Credit in companies similar to Punjab National Bank in India?

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

Bank of Baroda	₹12.0 Lakhs to ₹28.0 Lakhs per year
Union Bank of India	₹11.0 Lakhs to ₹28.5 Lakhs per year
Indian Overseas Bank	₹17.0 Lakhs to ₹21.0 Lakhs per year
Deutsche Bank	₹16.9 Lakhs to ₹21.6 Lakhs per year
Bank of India	₹11.0 Lakhs to ₹25.0 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 Manager Credit at Punjab National Bank in India?

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

Experience	Average Salary Range
5 years	₹13.0 Lakhs to ₹36.5 Lakhs per year
6 years	₹12.0 Lakhs to ₹21.0 Lakhs per year
7 years	₹8.8 Lakhs to ₹38.5 Lakhs per year
8 years	₹15.0 Lakhs to ₹22.0 Lakhs per year

and so on.

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Punjab National Bank Senior Manager Credit Salaries

Punjab National Bank Senior Manager Credit salary in India ranges between ₹10.5 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 65 Punjab National Bank latest salaries received from various employees of Punjab National Bank.