RBL Bank Mumbai Credit Manager Salaries by 20+ Employees (Updated 2025)

2 - 10 years exp.

₹3 Lakhs - ₹11.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Credit Manager Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 2 - 10 years exp. (11 salaries)	₹5.5 L/yr - ₹11.5 L/yr
Finance & Accounting Credit Manager Salary 2 - 10 years exp. (6 salaries)	₹3 L/yr - ₹9.6 L/yr
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Risk Management & Compliance Credit Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.1 L/yr
Customer Success, Service & Operations Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.2 L/yr

Last Updated: 2 Apr 2025

Companies similar to RBL Bank for Credit Manager in Mumbai

RBL Bank Credit Manager Salary

2 - 10 years exp. (25 salaries)

₹3 L/yr - ₹11.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Manager Salary 0 - 12 years exp. (563 salaries)	₹4 L/yr - ₹17.6 L/yr 26% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (454 salaries)	₹4 L/yr - ₹15 L/yr 18% more	13 job openings
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Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (233 salaries)	₹3.7 L/yr - ₹13 L/yr 6% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (212 salaries)	₹3 L/yr - ₹13 L/yr 2% less
Axis Bank Credit Manager Salary 0 - 12 years exp. (151 salaries)	₹4.7 L/yr - ₹15 L/yr 18% more
Yes Bank Credit Manager Salary 1 - 12 years exp. (71 salaries)	₹4.6 L/yr - ₹16.2 L/yr 13% more
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (37 salaries)	₹3.6 L/yr - ₹13.8 L/yr 2% less	9 job openings
Federal Bank Credit Manager Salary 2 - 12 years exp. (30 salaries)	₹11 L/yr - ₹19 L/yr 99% more
IDBI Bank Credit Manager Salary 3 - 17 years exp. (13 salaries)	₹12 L/yr - ₹28.9 L/yr 166% more
Utkarsh Small Finance Bank Credit Manager Salary 3 - 9 years exp. (12 salaries)	₹3.9 L/yr - ₹7.5 L/yr 31% less	2 job openings
Jana Small Finance Bank Credit Manager Salary 2 - 10 years exp. (9 salaries)	₹3 L/yr - ₹9.2 L/yr 25% less
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Karur Vysya Bank Credit Manager Salary 4 - 11 years exp. (9 salaries)	₹7 L/yr - ₹16 L/yr 28% more
Central Bank of India Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹11.4 L/yr - ₹16 L/yr 76% more
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹11 L/yr - ₹15 L/yr 66% more
Canara Bank Credit Manager Salary 7 - 12 years exp. (4 salaries)	₹13 L/yr - ₹18 L/yr 119% more
Union Bank of India Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹10 L/yr - ₹19 L/yr 88% more
Shinhan Bank Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr 25% more

Credit Manager salary at RBL Bank ranges between ₹3 Lakhs to ₹11.7 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 25 latest salaries received from various employees of RBL Bank.

Latest annual salaries shared by RBL Bank Credit Manager in Mumbai

3d ago

₹4.8 Lakhs

3 years exp.

2mo ago

₹6.6 Lakhs

10 years exp.

2mo ago

₹9.5 Lakhs

2 years exp.

3mo ago

₹7.9 Lakhs

5 years exp.

5mo ago

₹4.8 Lakhs

2 years exp.

6mo ago

5 years exp.

8mo ago

10 years exp.

10mo ago

10 years exp.

10mo ago

7 years exp.

1y ago

9 years exp.

Experience wise RBL Bank Credit Manager salaries in Mumbai

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹3 L/yr - ₹9.5 L/yr
3 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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4 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
5 years (5 salaries)	₹3.1 L/yr - ₹11.7 L/yr
6 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
7 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.3 L/yr
8 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.4 L/yr
9 years (3 salaries)	₹6.6 L/yr - ₹14.9 L/yr
10 years (5 salaries)	₹6.5 L/yr - ₹11.5 L/yr

View all

Similar Designation salaries in RBL Bank

Deputy Manager Salary

(472 salaries)

₹3 L/yr - ₹8 L/yr

Branch Manager Salary

(48 salaries)

₹11.2 L/yr - ₹28.5 L/yr

Credit Officer Salary

(24 salaries)

₹2 L/yr - ₹4.35 L/yr

Sales Manager Salary

(9 salaries)

₹3.5 L/yr - ₹8 L/yr

Zonal Credit Manager Salary

(7 salaries)

₹17.1 L/yr - ₹27.4 L/yr

Credit Analyst Salary

(6 salaries)

₹4.25 L/yr - ₹14.78 L/yr

Top skills at RBL Bank for Credit Manager

Underwriting Credit Appraisal Underwriting Banking Lap MS Office Credit Management Ca Finacle Finance mortgage Interpersonal Skills IT Project Management Legal Excel

Salary related reviews for RBL Bank

1.0

Rated by 2 employees for salary & benefits

Branch Manager in Ahmednagar

Full Time

Other Department

2.0

• posted on 13 Mar 2025

4.0

for Salary and Benefits

Likes

SALARY and Perks

Salary - Good

Dislikes

work culture horrible , saturday sunday working, no support from HR , no product training, continuous con call ,no product as per current market , in rural areas bank work with liability products, no lending now a days people go digital but bank ,still forcing to sell debit cards

Skill development - Bad

+4 more

Associate Vice President in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 31 Aug 2023

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

The thing which everyone would need atleast from an employment is good work, decent salary with recognition and timely professional and personal growth. RBL internal audit team has complete bias ness favouring only 2-3 favourite employee in all terms. It is unpleasant experience being with RBL Bank and wasting time. It spoils rating of employees to favour other employees. I would recommend anyone to avoid joining internal audit team as it lacks the give employee with its basic rights and that is to proof your ability and succeed. The place with high partially.

Salary - Bad

+6 more

Relationship Manager in Pune

Full Time

Sales & Business Development Department

1.0

• posted on 13 Aug 2023

3.0

for Salary and Benefits

Likes

Salary is good

Dislikes

Bad behaviour of Branch Managers to RMPA bank as 0 value in market no business from market you have to source your own friend and family members bank execrations high from ground level RMPA no internal support don’t join this bank only if you want 3 4 month survive then join this bank. No one survive more than 1 year all employees leave within 6 month

Skill development - Bad

+5 more

Relationship Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 05 Mar 2023

2.0

for Salary and Benefits

Likes

Not like

Dislikes

... also. Because I am working with covid time with high risk but I am complet 2.6 years but organization is not support salary and promotion also but this organization is not good for me.

Salary - Poor

+6 more

Officer in Mumbai Goregaon

BFSI, Investments & Trading Department

5.0

• posted on 21 Apr 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

see more salary related reviews

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What people are saying about RBL Bank

View All

busygrape

works at

RBL Bank

HR asked me to resign with just 10 days of notice period

Hi I'm a commerce graduate, got into IT via a data science course. I'm on a third party payroll working for a bank as a data quality engineer and my package was 3.8lpa fixed+variable. Recently as the financial year is coming to an end, my HR asked me to resign stating me to be incompetent and that the project was revoked from them. Did my research with the bank who I was working with and found that they are re-structuring and doing everything in house. My hr said no variable bonus will be paid as I've just completed 8 months and I needed to complete 1yr. How should I deal with this situation? Also I'm struggling to find a new job.... Any advise? Or openings?

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RBL Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at RBL Bank in Mumbai?

The average salary of a Credit Manager at RBL Bank in Mumbai typically ranges from ₹3.0 Lakhs to ₹11.7 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Credit Manager in Mumbai at RBL Bank earn more than ₹9.6 Lakhs per year, and the top 1% earn over ₹11.7 Lakhs per year. Credit Manager Salaries at RBL 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 20+ RBL Bank employees in India.

What is the estimated take home salary of a Credit Manager at RBL Bank in Mumbai?

The estimated take-home salary of a Credit Manager at RBL Bank in Mumbai typically ranges from ₹58,648 to ₹60,126 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹11.7 Lakhs per year for employees with experience ranging from 2 years to 10 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 20+ salaries received from various employees of RBL Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Manager at RBL Bank in Mumbai?

To be a Credit Manager at RBL Bank in Mumbai, the key skills required include:

- Underwriting
- Credit Appraisal
- Underwriting
- Banking
- Lap

These skills are highly valued at RBL Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than RBL Bank for Credit Manager in India?

IDBI Bank	₹12.0 Lakhs to ₹28.9 Lakhs per year
Canara Bank	₹13.0 Lakhs to ₹18.0 Lakhs per year
Federal Bank	₹11.0 Lakhs to ₹19.0 Lakhs per year
Union Bank of India	₹10.0 Lakhs to ₹19.0 Lakhs per year
Central Bank of India	₹11.4 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by RBL Bank, depending on the role and experience level.

What is the salary of a Credit Manager in companies similar to RBL Bank in Mumbai?

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

Standard Chartered	₹11.0 Lakhs to ₹15.0 Lakhs per year
Karur Vysya Bank	₹7.0 Lakhs to ₹16.0 Lakhs per year
ICICI Bank	₹4.0 Lakhs to ₹17.6 Lakhs per year
Shinhan Bank	₹8.5 Lakhs to ₹12.0 Lakhs per year
HDFC Bank	₹4.0 Lakhs to ₹15.0 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 Credit Manager at RBL Bank in Mumbai?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹9.5 Lakhs per year
3 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
4 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
5 years	₹3.1 Lakhs to ₹11.7 Lakhs per year

and so on.

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RBL Bank Credit Manager Salaries in Mumbai

RBL Bank Credit Manager salary in Mumbai ranges between ₹3 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 RBL Bank latest salaries received from various employees of RBL Bank.