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

2 - 10 years exp.

₹3 Lakhs - ₹11.7 Lakhs

Salary of majority employees

15% less than 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 - ₹6.3 L/yr
Customer Success, Service & Operations Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.7 L/yr
Product Management Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹6.4 L/yr - ₹7.6 L/yr

Last Updated: 2 Feb 2025

Companies similar to RBL Bank for Credit Manager in Mumbai

RBL Bank Credit Manager Salary

2 - 10 years exp. (27 salaries)

₹3 L/yr - ₹11.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (450 salaries)	₹4 L/yr - ₹15 L/yr 27% more	5 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (562 salaries)	₹4.3 L/yr - ₹17.4 L/yr 43% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (145 salaries)	₹4 L/yr - ₹15.3 L/yr 30% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (237 salaries)	₹3.7 L/yr - ₹13 L/yr 28% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (75 salaries)	₹4.6 L/yr - ₹14 L/yr 22% more	1 job opening
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (211 salaries)	₹4.1 L/yr - ₹14.9 L/yr 20% more	1 job opening
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (35 salaries)	₹3.6 L/yr - ₹11 L/yr 12% more
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹11 L/yr - ₹15.4 L/yr 96% more
Federal Bank Credit Manager Salary 2 - 12 years exp. (33 salaries)	₹11 L/yr - ₹20 L/yr 128% more
DCB Bank Credit Manager Salary 4 - 12 years exp. (23 salaries)	₹4 L/yr - ₹9.3 L/yr 17% more
IDBI Bank Credit Manager Salary 2 - 17 years exp. (13 salaries)	₹12 L/yr - ₹28.9 L/yr 181% more
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Utkarsh Small Finance Bank Credit Manager Salary 3 - 9 years exp. (12 salaries)	₹3.9 L/yr - ₹7.6 L/yr 29% less	2 job openings
Jana Small Finance Bank Credit Manager Salary 2 - 10 years exp. (9 salaries)	₹2.4 L/yr - ₹9 L/yr 12% less
Karur Vysya Bank Credit Manager Salary 4 - 11 years exp. (9 salaries)	₹7 L/yr - ₹16 L/yr 51% more
Central Bank of India Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹11.4 L/yr - ₹16 L/yr 102% more
Canara Bank Credit Manager Salary 7 - 12 years exp. (4 salaries)	₹13 L/yr - ₹19.4 L/yr 171% more
Union Bank of India Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹10 L/yr - ₹19 L/yr 125% more
Shinhan Bank Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr 45% 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 27 latest salaries received from various employees of RBL Bank.

Experience wise RBL Bank Credit Manager salaries in Mumbai

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
2 years (4 salaries)	₹3 L/yr - ₹9.5 L/yr
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹7.6 L/yr
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4 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹7.6 L/yr
5 years (5 salaries)	₹2.7 L/yr - ₹11.7 L/yr
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.8 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹9.6 L/yr
9 years (3 salaries)	₹6.6 L/yr - ₹8.3 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

(475 salaries)

₹2.6 L/yr - ₹8 L/yr

Branch Manager Salary

(46 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

Area Credit Manager Salary

(3 salaries)

₹13 L/yr - ₹17.52 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

3.0

Rated by 1 employees for salary & benefits

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.

Deputy Manager in Navi Mumbai

CSR & Social Service Department

2.0

• posted on 26 Dec 2021

1.0

for Salary and Benefits

Likes

Exposure and responsibilities beyond experience which gives a person to learn.

Dislikes

1. No Industry parity in pay 2. Toxic work culture 3. No work-life balance 4. Unbearable infrastructure 5. Namesake designations without much impact on earnings.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

1w (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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RBL Bank Credit Manager Salary FAQs

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

Credit Manager salary at RBL Bank in Mumbai ranges between ₹3.0 Lakhs to ₹11.7 Lakhs for experience between 2 years to 10 years. According to our estimates it is 15% less than the average Credit Manager Salary in India. Salary estimates are based on 27 latest salaries received from various employees of RBL Bank Mumbai.

How does the salary of a Credit Manager at RBL Bank Mumbai compare with the average salary range for this job?

The average salary of a Credit Manager at RBL Bank is 15% less than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at RBL Bank?

Underwriting, Credit Appraisal, Underwriting, Banking and Lap are some of the popular skills required to work as a Credit Manager at RBL Bank Mumbai.

Which similar companies are paying more than RBL Bank to a Credit Manager in Mumbai?

IDBI Bank Credit Manager Salary - ₹12.0 Lakhs to ₹28.9 Lakhs per year
Canara Bank Credit Manager Salary - ₹13.0 Lakhs to ₹19.4 Lakhs per year
Federal Bank Credit Manager Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹19.0 Lakhs per year
Central Bank of India Credit Manager Salary - ₹11.4 Lakhs to ₹16.0 Lakhs per year

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

Standard Chartered Credit Manager Salary - ₹11.0 Lakhs to ₹15.4 Lakhs per year
Karur Vysya Bank Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
Shinhan Bank Credit Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹17.4 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year

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 ranges between ₹52,847 per month to ₹54,091 per month in Mumbai. The take-home salary calculation is based on the average RBL Bank Credit Manager salary in India which ranges between ₹3.0 Lakhs to ₹11.7 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at RBL Bank in Mumbai?

According to AmbitionBox, 69% of the RBL Bank Credit Managers in Mumbai reported a notice period of 3 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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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 27 RBL Bank latest salaries received from various employees of RBL Bank.