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Shinhan Bank Credit Manager salaries in India (Updated 2025)

Annual salary range
3 - 12 years exp.
₹6 Lakhs - ₹15 Lakhs
Salary of majority employees
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26% 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. (15 salaries)
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₹8 L/yr - ₹15 L/yr

Finance & Accounting
Credit Manager Salary
5 - 10 years exp. (7 salaries)
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₹6 L/yr - ₹13 L/yr

Last Updated: 31 Mar 2025

Companies similar to Shinhan Bank for Credit Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.3k salaries)

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₹4.3 L/yr - ₹17.5 L/yr

arrow icon 1% more
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (2.7k salaries)

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₹3.5 L/yr - ₹14.5 L/yr

arrow icon 14% less
12 job openings
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Kotak Mahindra Bank Credit Manager Salary

0 - 10 years exp. (1k salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 7% less
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Axis Bank Credit Manager Salary

0 - 12 years exp. (833 salaries)

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₹4 L/yr - ₹14.5 L/yr

arrow icon 12% less
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (822 salaries)

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₹3.5 L/yr - ₹13 L/yr

arrow icon 21% less
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Bandhan Bank Credit Manager Salary

0 - 14 years exp. (305 salaries)

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₹2.6 L/yr - ₹10.8 L/yr

arrow icon 36% less
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Yes Bank Credit Manager Salary

1 - 12 years exp. (374 salaries)

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₹4.2 L/yr - ₹16.2 L/yr

arrow icon 8% less
1 job opening
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Utkarsh Small Finance Bank Credit Manager Salary

1 - 10 years exp. (279 salaries)

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₹2 L/yr - ₹8.6 L/yr

arrow icon 51% less
2 job openings
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (210 salaries)

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₹3.4 L/yr - ₹13.1 L/yr

arrow icon 19% less
9 job openings
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Jana Small Finance Bank Credit Manager Salary

2 - 12 years exp. (193 salaries)

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₹1.7 L/yr - ₹10 L/yr

arrow icon 39% less
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RBL Bank Credit Manager Salary

2 - 10 years exp. (135 salaries)

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₹2.4 L/yr - ₹11.4 L/yr

arrow icon 32% less
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Ujjivan Small Finance Bank Credit Manager Salary

0 - 11 years exp. (136 salaries)

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₹2.7 L/yr - ₹9.2 L/yr

arrow icon 45% less
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IDBI Bank Credit Manager Salary

3 - 17 years exp. (109 salaries)

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₹8.5 L/yr - ₹32 L/yr

arrow icon 100% more
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Federal Bank Credit Manager Salary

2 - 12 years exp. (82 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 57% more
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Karur Vysya Bank Credit Manager Salary

1 - 12 years exp. (83 salaries)

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₹6.3 L/yr - ₹16.8 L/yr

arrow icon 6% more
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Union Bank of India Credit Manager Salary

6 - 11 years exp. (39 salaries)

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₹6.6 L/yr - ₹20 L/yr

arrow icon 52% more
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Canara Bank Credit Manager Salary

7 - 12 years exp. (35 salaries)

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₹11.1 L/yr - ₹26 L/yr

arrow icon 91% more
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South Indian Bank Credit Manager Salary

4 - 11 years exp. (29 salaries)

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₹9 L/yr - ₹21 L/yr

arrow icon 59% more
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₹6.5 L/yr - ₹11.7 L/yr

arrow icon 14% less
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City Union Bank Credit Manager Salary

3 - 14 years exp. (18 salaries)

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₹8.5 L/yr - ₹16 L/yr

arrow icon 10% more
View all
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 25 latest salaries received from various employees of Shinhan Bank.

Latest annual salaries shared by Shinhan Bank Credit Manager

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9 years exp.
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Experience wise Shinhan Bank Credit Manager salaries

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.5 L/yr
4 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹9.9 L/yr
5 years  (4 salaries)

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₹6 L/yr - ₹9.1 L/yr
6 years  (3 salaries)

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₹8.5 L/yr - ₹15 L/yr
7 years  (3 salaries)

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₹6.5 L/yr - ₹11.5 L/yr
View all

Similar Designation salaries in Shinhan Bank

Credit Officer Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr
Deputy Manager Salary
(33 salaries)
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₹4.8 L/yr - ₹15 L/yr
Chief Manager Salary
(3 salaries)
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₹15 L/yr - ₹21 L/yr
Credit Analyst Salary
(10 salaries)
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₹5 L/yr - ₹16 L/yr
Sales Manager Salary
(5 salaries)
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₹5.65 L/yr - ₹8 L/yr
Deputy Credit Manager Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr
Assistant Credit Manager Salary
(AmbitionBox Estimate)
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₹6 L/yr - ₹7.7 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr
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₹4.58 L/yr - ₹15.64 L/yr
Officer Salary
(20 salaries)
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₹3 L/yr - ₹6 L/yr

Salary related reviews for Shinhan Bank

2.0

Rated by 2 employees for salary & benefits

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

read more
  • Salary - Poor
  • +2 more

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 .

read more

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.

read more
  • 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.

read more

Full Time

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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.

read more
  • 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.

read more

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.

read more
  • Job security - Bad
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Shinhan Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Shinhan Bank ?
The average salary of a Credit Manager at Shinhan Bank in India typically ranges from ₹6.0 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Credit Manager at Shinhan Bank earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Credit Manager Salaries at Shinhan 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+ Shinhan Bank employees in India.
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 in India typically ranges from ₹71,516 to ₹73,359 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 3 years to 12 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 Shinhan Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Shinhan Bank for Credit Manager in India?
IDBI Bank ₹8.5 Lakhs to ₹32.0 Lakhs per year
Canara Bank ₹11.1 Lakhs to ₹26.0 Lakhs per year
South Indian Bank ₹9.0 Lakhs to ₹21.0 Lakhs per year
Federal Bank ₹10.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India ₹6.6 Lakhs to ₹20.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Shinhan Bank, depending on the role and experience level.
What is the salary of a Credit Manager in companies similar to Shinhan Bank in India?
The salary of a Credit Manager at companies similar to Shinhan Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Central Bank of India ₹10.0 Lakhs to ₹17.0 Lakhs per year
Karnataka Bank ₹10.5 Lakhs to ₹16.0 Lakhs per year
City Union Bank ₹8.5 Lakhs to ₹16.0 Lakhs per year
Karur Vysya Bank ₹6.3 Lakhs to ₹16.8 Lakhs per year
ICICI Bank ₹4.3 Lakhs to ₹17.5 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 Shinhan Bank in India?
The salary growth for a Credit Manager at Shinhan Bank depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Shinhan Bank:

Experience Average Salary Range
3 years ₹7.4 Lakhs to ₹9.5 Lakhs per year
4 years ₹7.8 Lakhs to ₹9.9 Lakhs per year
5 years ₹6.0 Lakhs to ₹9.1 Lakhs per year
6 years ₹8.5 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

Shinhan Bank Credit Manager salary in India ranges between ₹6 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 Shinhan Bank latest salaries received from various employees of Shinhan Bank.