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
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	₹4.3 L/yr - ₹17.5 L/yr 82% less
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.3 L/yr 85% less	12 job openings
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Kotak Mahindra Bank Credit Manager Salary 0 - 10 years exp. (1k salaries)	₹3.8 L/yr - ₹15 L/yr 84% less
Axis Bank Credit Manager Salary 0 - 12 years exp. (826 salaries)	₹4 L/yr - ₹14.8 L/yr 85% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (822 salaries)	₹3 L/yr - ₹13.5 L/yr 86% less
Bandhan Bank Credit Manager Salary 0 - 11 years exp. (406 salaries)	₹2.5 L/yr - ₹10 L/yr 89% less
Yes Bank Credit Manager Salary 1 - 12 years exp. (374 salaries)	₹4.2 L/yr - ₹16.2 L/yr 84% less	1 job opening
Utkarsh Small Finance Bank Credit Manager Salary 1 - 10 years exp. (277 salaries)	₹2 L/yr - ₹8.6 L/yr 91% less	2 job openings
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (210 salaries)	₹3.4 L/yr - ₹13.1 L/yr 86% less	9 job openings
Jana Small Finance Bank Credit Manager Salary 2 - 12 years exp. (190 salaries)	₹1.5 L/yr - ₹10 L/yr 90% less
RBL Bank Credit Manager Salary 2 - 10 years exp. (135 salaries)	₹2.4 L/yr - ₹11.4 L/yr 88% less
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Ujjivan Small Finance Bank Credit Manager Salary 0 - 11 years exp. (135 salaries)	₹2.7 L/yr - ₹9.2 L/yr 91% less
IDBI Bank Credit Manager Salary 3 - 17 years exp. (109 salaries)	₹8.5 L/yr - ₹32 L/yr 65% less
Federal Bank Credit Manager Salary 2 - 12 years exp. (82 salaries)	₹10 L/yr - ₹20 L/yr 73% less
Karur Vysya Bank Credit Manager Salary 1 - 12 years exp. (83 salaries)	₹6.3 L/yr - ₹16.8 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 72% 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
Shinhan Bank Credit Manager Salary 3 - 12 years exp. (24 salaries)	₹6 L/yr - ₹15 L/yr 82% less

View all

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

(3 salaries)

₹14.1 L/yr - ₹34 L/yr

Credit Analyst Salary

(8 salaries)

₹10 L/yr - ₹21.3 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Sales Officer Salary

(6 salaries)

₹9.5 L/yr - ₹16.15 L/yr

Relationship Manager Salary

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₹12.03 L/yr - ₹40 L/yr

Officer Salary

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₹6.8 L/yr - ₹8.6 L/yr

Credit Relationship Manager Salary

(AmbitionBox Estimate)

₹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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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RAKBANK Credit Manager Salary FAQs

How the salary growth look like for a Credit Manager at RAKBANK in India?

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

Experience	Average Salary Range
15 years	₹52.3 Lakhs to ₹57.8 Lakhs per year

and so on.

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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.