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

3 - 12 years exp.

₹6 Lakhs - ₹15 Lakhs

Salary of majority employees

28% more than the average Credit Manager Salary in Banking Companies for 3 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 12 years exp. (14 salaries)	₹8 L/yr - ₹15 L/yr
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Finance & Accounting Credit Manager Salary 5 - 10 years exp. (7 salaries)	₹6 L/yr - ₹13 L/yr

Last Updated: 2 Feb 2025

Companies similar to Shinhan Bank for Credit Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	₹10 L/yr - ₹32 L/yr 97% more
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	₹4 L/yr - ₹17.5 L/yr 1% more
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HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.1 L/yr 15% less	5 job openings
Axis Bank Credit Manager Salary 0 - 12 years exp. (818 salaries)	₹3.5 L/yr - ₹14.8 L/yr 13% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹3.7 L/yr - ₹14.5 L/yr 9% less
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (231 salaries)	₹2.9 L/yr - ₹13 L/yr 22% less
Yes Bank Credit Manager Salary 0 - 10 years exp. (442 salaries)	₹4.2 L/yr - ₹14.6 L/yr 14% less	1 job opening
Punjab National Bank Credit Manager Salary 4 - 9 years exp. (45 salaries)	₹6.8 L/yr - ₹20 L/yr 60% more
Bank of Baroda Credit Manager Salary 4 - 13 years exp. (208 salaries)	₹7 L/yr - ₹24 L/yr 73% more
Federal Bank Credit Manager Salary 2 - 12 years exp. (87 salaries)	₹10 L/yr - ₹20 L/yr 56% more
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (676 salaries)	₹3 L/yr - ₹13 L/yr 21% less	1 job opening
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Bandhan Bank Credit Manager Salary 0 - 11 years exp. (401 salaries)	₹2.5 L/yr - ₹10 L/yr 38% less
Utkarsh Small Finance Bank Credit Manager Salary 1 - 10 years exp. (280 salaries)	₹2 L/yr - ₹8.6 L/yr 51% less	2 job openings
Jana Small Finance Bank Credit Manager Salary 2 - 12 years exp. (189 salaries)	₹1.5 L/yr - ₹10 L/yr 41% less
RBL Bank Credit Manager Salary 2 - 10 years exp. (141 salaries)	₹2.4 L/yr - ₹11.3 L/yr 35% less
Ujjivan Small Finance Bank Credit Manager Salary 0 - 10 years exp. (133 salaries)	₹2.7 L/yr - ₹10.6 L/yr 44% less	1 job opening
IDBI Bank Credit Manager Salary 2 - 17 years exp. (111 salaries)	₹8 L/yr - ₹28.9 L/yr 87% more
Karur Vysya Bank Credit Manager Salary 1 - 12 years exp. (82 salaries)	₹6 L/yr - ₹16 L/yr 6% more
Union Bank of India Credit Manager Salary 6 - 11 years exp. (39 salaries)	₹6.6 L/yr - ₹20 L/yr 55% more
Canara Bank Credit Manager Salary 7 - 12 years exp. (36 salaries)	₹11.1 L/yr - ₹26 L/yr 89% more

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Credit Manager salary at Shinhan Bank ranges between ₹6 Lakhs to ₹15 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 24 latest salaries received from various employees of Shinhan Bank.

Experience wise Shinhan Bank Credit Manager salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹8.8 L/yr
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.8 L/yr
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5 years (4 salaries)	₹6 L/yr - ₹9.1 L/yr
6 years (3 salaries)	₹8.5 L/yr - ₹15 L/yr
7 years (3 salaries)	₹6.5 L/yr - ₹11.5 L/yr
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹18.2 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹12 L/yr
10 years (6 salaries)	₹7.5 L/yr - ₹15 L/yr
11 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13 L/yr
12 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹21 L/yr

View all

Similar Designation salaries in Shinhan Bank

Credit Officer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Deputy Manager Salary

(33 salaries)

₹4.8 L/yr - ₹15 L/yr

Chief Manager Salary

(3 salaries)

₹15 L/yr - ₹21 L/yr

Credit Analyst Salary

(10 salaries)

₹5 L/yr - ₹16 L/yr

Sales Manager Salary

(5 salaries)

₹5.65 L/yr - ₹8 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹6 L/yr - ₹7.7 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Relationship Manager Salary

(20 salaries)

₹4.58 L/yr - ₹15.64 L/yr

Officer Salary

(20 salaries)

₹3 L/yr - ₹6 L/yr

Salary related reviews for Shinhan Bank

2.0

Rated by 2 employees for salary & benefits

Operations Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Aug 2023

2.0

for Salary and Benefits

Likes

Korean staff are polite and always try to help their Indian staff

Work-life balance - Good

Dislikes

Most of the seniors are chilling and taking a huge amount of salary whereas juniors are doing lots of work and not getting any recognition

Salary - Poor

+2 more

Vice President-Relationship Manager in Chennai

Full Time

Marketing & Communication Department

4.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Working environment..

Skill development - Good

+3 more

Dislikes

At the time of promotion- salary Revision was not good for above M1 level.. Suggestion Grade wise salary was differ, if possible make the grade wise same salary to the employees it's better for shinhan family .

Assistant Manager Information Technology in Mumbai

Full Time

IT & Information Security Department

4.0

• posted on 09 May 2024

3.0

for Salary and Benefits

Likes

... and have unity. Some staff ate there who don't need to support the Korean boss. To increase salary and promotion.

Skill development - Good

+2 more

Dislikes

Korean staff do not treat Indian staff well. They treat us like maids. The HR department also supports Korean people to protect their jobs. In fact, the government has implemented laws to regulate the treatment of foreign individuals who come to India for their enjoyment and to prevent mistreatment of Indian people.

Assistant Manager in New Delhi

Full Time

Other Department

4.0

• posted on 15 Oct 2024

3.0

for Salary and Benefits

Likes

No issues for taking leaves, Bosses are very cooperative and understanding here. One can easily finish their work and leave the office on time, So work and personal can be managed.

Job security - Good

+3 more

Dislikes

Systems are not employees friendly. Working process is almost manual based. Not a good place for learning as they have Very less products of banking.

Manager in New Delhi

Full Time

Sales & Business Development Department

4.0

• posted on 22 Aug 2024

5.0

for Salary and Benefits

Likes

Work culture is good and staff is well mannered and professional.

Salary - Excellent

+3 more

Dislikes

Employee Connectivity with Korean Managers is terrible only few person is allowed to meet them, also they are not flexible with statement.

Job security - Bad

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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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Shinhan Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Shinhan Bank?

Credit Manager salary at Shinhan Bank in India ranges between ₹6.0 Lakhs to ₹15.0 Lakhs for experience between 3 years to 12 years. According to our estimates it is 28% more than the average Credit Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of Shinhan Bank India.

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

The average salary of a Credit Manager at Shinhan Bank is 28% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shinhan Bank to a Credit Manager in India?

State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
Canara Bank Credit Manager Salary - ₹11.1 Lakhs to ₹26.0 Lakhs per year
IDBI Bank Credit Manager Salary - ₹8.0 Lakhs to ₹28.9 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
Punjab National Bank Credit Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Shinhan Bank in India?

Federal Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India Credit Manager Salary - ₹6.6 Lakhs to ₹20.0 Lakhs per year
South Indian Bank Credit Manager Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year
Central Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
City Union Bank Credit Manager Salary - ₹8.5 Lakhs to ₹15.5 Lakhs per year

What is the estimated take home salary of a Credit Manager at Shinhan Bank in India?

The estimated take-home salary of a Credit Manager at Shinhan Bank ranges between ₹71,838 per month to ₹73,689 per month in India. The take-home salary calculation is based on the average Shinhan Bank Credit Manager salary in India which ranges between ₹6.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 3 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Shinhan Bank?

According to AmbitionBox, 82% of the Shinhan Bank Credit Managers reported a notice period of 3 Months, 18% reported a notice period of 1 Month.This is based on 17 responses on AmbitionBox in last 2 years.

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Shinhan Bank Credit Manager Salaries

Shinhan Bank Credit Manager salary in India ranges between ₹6 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Shinhan Bank latest salaries received from various employees of Shinhan Bank.