RAKBANK Credit Manager Salaries by Employees

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₹52.3 Lakhs - ₹57.8 Lakhs

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Last Updated: 28 Sep 2023

Companies similar to RAKBANK for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14 L/yr 85% less	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	₹4.3 L/yr - ₹17.5 L/yr 82% less
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Axis Bank Credit Manager Salary 0 - 12 years exp. (823 salaries)	₹3.5 L/yr - ₹14.8 L/yr 85% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹3.8 L/yr - ₹15 L/yr 84% less
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	₹10 L/yr - ₹32 L/yr 65% less
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (227 salaries)	₹3.2 L/yr - ₹13 L/yr 86% less	1 job opening
Yes Bank Credit Manager Salary 0 - 10 years exp. (443 salaries)	₹4.1 L/yr - ₹14.9 L/yr 85% less	1 job opening
Federal Bank Credit Manager Salary 2 - 12 years exp. (87 salaries)	₹10 L/yr - ₹20 L/yr 73% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (677 salaries)	₹3 L/yr - ₹13.5 L/yr 86% less
Bandhan Bank Credit Manager Salary 0 - 11 years exp. (402 salaries)	₹2.5 L/yr - ₹10 L/yr 89% less
Utkarsh Small Finance Bank Credit Manager Salary 1 - 10 years exp. (281 salaries)	₹2 L/yr - ₹8.6 L/yr 91% less	2 job openings
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Jana Small Finance Bank Credit Manager Salary 2 - 12 years exp. (194 salaries)	₹1.5 L/yr - ₹10 L/yr 89% less
RBL Bank Credit Manager Salary 2 - 10 years exp. (138 salaries)	₹2.4 L/yr - ₹11.4 L/yr 88% less
Ujjivan Small Finance Bank Credit Manager Salary 0 - 10 years exp. (134 salaries)	₹2.7 L/yr - ₹9.2 L/yr 91% less
IDBI Bank Credit Manager Salary 2 - 17 years exp. (111 salaries)	₹8 L/yr - ₹28.9 L/yr 67% less
Karur Vysya Bank Credit Manager Salary 1 - 12 years exp. (81 salaries)	₹6 L/yr - ₹16 L/yr 81% less
Union Bank of India Credit Manager Salary 6 - 11 years exp. (39 salaries)	₹6.6 L/yr - ₹20 L/yr 73% less
Canara Bank Credit Manager Salary 7 - 12 years exp. (36 salaries)	₹11.1 L/yr - ₹26 L/yr 67% less
South Indian Bank Credit Manager Salary 4 - 11 years exp. (29 salaries)	₹9 L/yr - ₹21 L/yr 73% less
The Saraswat Co-operative Bank Credit Manager Salary 0 - 12 years exp. (24 salaries)	₹6.5 L/yr - ₹11.7 L/yr 85% less

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Credit Manager salary at RAKBANK ranges between ₹52.3 Lakhs to ₹57.8 Lakhs per year for employees with 15+ years of experience. Salary estimates are based on 1 latest salaries received from various employees of RAKBANK.

Similar Designation salaries in RAKBANK

Credit Officer Salary

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Credit Analyst Salary

(8 salaries)

₹10 L/yr - ₹21.3 L/yr

Sales Manager Salary

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₹14.9 L/yr - ₹19 L/yr

Sales Officer Salary

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Relationship Manager Salary

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Officer Salary

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₹6.8 L/yr - ₹8.6 L/yr

Credit Relationship Manager Salary

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₹18 L/yr - ₹23 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹80.8 L/yr - ₹89.3 L/yr

Assistant Vice President Salary

(AmbitionBox Estimate)

₹33.8 L/yr - ₹43.1 L/yr

Salary related reviews for RAKBANK

Business Support Officer in Dubai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 04 Jul 2024

3.0

for Salary and Benefits

Likes

It will be a great learning experience for a fresher to join RAKBANK and also to grow simultaneously. RAKBANK will surely develop as better professional.

Skill development - Good

+5 more

Dislikes

Only Salary is a matter of concern rest everything is alright.

Analyst in Ras Al-Khaimah

Banking Department

1.0

• posted on 20 Aug 2022

1.0

for Salary and Benefits

Likes

Paycheck is received on a timely basis as it is a regulated Bank. Good view from the building- you could see how the upper middle class actually lives.

Dislikes

Almost everything, cost cutting measures, no incentives, they expect you to do overtime work for no extra pay.

Salary - Bad

+6 more

Manager Support And Service in Dubai

Customer Success, Service & Operations Department

3.0

• posted on 12 Aug 2020

1.0

for Salary and Benefits

Likes

It's OK, but got laid off just before the pandemic got worse. Didn't get any lay off package was sent on garden leave and was given my notice period salary which was for 3 month salary.

Dislikes

A lot politics, they always need someone to blame

Salary - Bad

+3 more

Manager ICT Infrastructure

Engineering - Hardware & Networks Department

4.0

• posted on 29 Oct 2018

4.0

for Salary and Benefits

Likes

...ly. If you performed well and improved processes one would be suitably rewarded. Salary was good. Employees were encouraged to be forthcoming and innovative. For some key staff work life balance was tight since as I mentioned earlier we were a fast growing bank and it was expected. Regarding politics it was as in other organizations. Please note that I am commenting on the status around the year 2012

Salary - Good

+5 more

Dislikes

There was a disparity between the banking(front end) and back office departments. IT was not given due recognition where financial incentives were on offer. Even if IT had executed complicated projects such as data center relocation at minimal downtime and costs, there was not much appreciation of the scope of work done. This certainly was a big let down to those who really spent long hours.

Brach Operation Manager in Abu Dhabi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Learning options by L&D team, Very few managers support and appreciate your efforts.

Skill development - Good

Dislikes

Appraisal process not recommended, Job security is not sure, Lack of connection between HR team and Staff which creates a distance and limited understanding about HR policies and procedures. Most of time line managers are advised to communicate the HR policies. It need to be improved. HR direct involvement can help organisation identify efficient talents.

Job security - Poor

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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RAKBANK Credit Manager Salary FAQs

What is the notice period for Credit Manager at RAKBANK?

According to AmbitionBox, 100% of the RAKBANK Credit Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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RAKBANK Credit Manager Salaries

RAKBANK Credit Manager salary in India ranges between ₹52.3 Lakhs to ₹57.8 Lakhs. This is an estimate based on latest salaries received from employees of RAKBANK.