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Small Industries Development Bank of India Credit Manager salaries in India (Updated 2025)

Annual salary range
0 - 14 years exp.
₹5 Lakhs - ₹36.4 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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147% more than the average Credit Manager Salary in NBFC Companies for 0 - 14 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Credit Manager Salary
0 - 2 years exp. (3 salaries)
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₹4.5 L/yr - ₹5.5 L/yr

BFSI, Investments & Trading
Credit Manager Salary
5 - 14 years exp. (AmbitionBox Estimate)
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₹13.8 L/yr - ₹36.7 L/yr

Last Updated: 3 Mar 2025

Companies similar to Small Industries Development Bank of India for Credit Manager

Company name Avg Annual Salary Open Jobs
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₹4 L/yr - ₹13.5 L/yr

arrow icon 57% less
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Vistaar Finance Credit Manager Salary

0 - 9 years exp. (161 salaries)

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₹3 L/yr - ₹7.8 L/yr

arrow icon 72% less
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Ugro Capital Credit Manager Salary

4 - 11 years exp. (155 salaries)

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₹3.2 L/yr - ₹11.1 L/yr

arrow icon 66% less
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₹2.3 L/yr - ₹6.3 L/yr

arrow icon 76% less
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Bajaj Housing Finance Credit Manager Salary

1 - 6 years exp. (124 salaries)

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₹2 L/yr - ₹7.8 L/yr

arrow icon 75% less
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Kotak Mahindra Prime Credit Manager Salary

0 - 7 years exp. (133 salaries)

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₹3.5 L/yr - ₹14.5 L/yr

arrow icon 58% less
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PNB Housing Finance Credit Manager Salary

0 - 13 years exp. (95 salaries)

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₹4.5 L/yr - ₹12.1 L/yr

arrow icon 55% less
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₹2.9 L/yr - ₹6.5 L/yr

arrow icon 77% less
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Sammaan Capital Limited Credit Manager Salary

2 - 8 years exp. (72 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 72% less
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InCred Finance Credit Manager Salary

2 - 11 years exp. (76 salaries)

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₹4.1 L/yr - ₹11.4 L/yr

arrow icon 60% less
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Electronica Finance Credit Manager Salary

3 - 10 years exp. (49 salaries)

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₹2.5 L/yr - ₹10.1 L/yr

arrow icon 72% less
1 job opening
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MAS Financial Services Credit Manager Salary

2 - 8 years exp. (43 salaries)

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₹2.3 L/yr - ₹9.7 L/yr

arrow icon 71% less
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Hinduja Leyland Finance Credit Manager Salary

3 - 19 years exp. (42 salaries)

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₹3.3 L/yr - ₹13.3 L/yr

arrow icon 57% less
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Finova Capital Credit Manager Salary

1 - 7 years exp. (38 salaries)

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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 80% less
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₹3 L/yr - ₹6.5 L/yr

arrow icon 76% less
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IKF Finance Credit Manager Salary

1 - 12 years exp. (19 salaries)

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₹3 L/yr - ₹6.7 L/yr

arrow icon 70% less
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₹3.1 L/yr - ₹6.6 L/yr

arrow icon 75% less
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Dvara KGFS Credit Manager Salary

4 - 10 years exp. (18 salaries)

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₹3.6 L/yr - ₹7 L/yr

arrow icon 70% less
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Hero FinCorp Credit Manager Salary

2 - 12 years exp. (17 salaries)

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₹5 L/yr - ₹11.6 L/yr

arrow icon 59% less
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Tyger Capital Credit Manager Salary

5 - 13 years exp. (15 salaries)

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₹4 L/yr - ₹8.3 L/yr

arrow icon 67% less
View all
Credit Manager salary at Small Industries Development Bank of India ranges between ₹5 Lakhs to ₹36.4 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Small Industries Development Bank of India.

Latest annual salaries shared by Small Industries Development Bank of India Credit Manager

3d ago
₹13.8 Lakhs
5 years exp.
1y ago
₹5 Lakhs
2 years exp.
1y ago
₹5 Lakhs
1 year exp.
1y ago
₹5 Lakhs
6 months exp.
1y ago
₹36.7 Lakhs
14 years exp.

Experience wise Small Industries Development Bank of India Credit Manager salaries

Last Updated: 3 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)

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₹5 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)

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₹5 L/yr - ₹12.1 L/yr
3 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
4 years (AmbitionBox Estimate)

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₹10.5 L/yr - ₹13.4 L/yr
View all

Similar Designation salaries in Small Industries Development Bank of India

Area Credit Manager Salary
(AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
Credit Analyst Salary
(5 salaries)
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₹5.2 L/yr - ₹21 L/yr
Assistant Credit Manager Salary
(AmbitionBox Estimate)
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₹21.2 L/yr - ₹27 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹15 L/yr - ₹30 L/yr
Officer Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Credit Relationship Manager Salary
(AmbitionBox Estimate)
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₹20.5 L/yr - ₹26.2 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Salary related reviews for Small Industries Development Bank of India

3.0

Rated by 1 employees for salary & benefits

BFSI, Investments & Trading Department

2.0
  •  posted on 14 Sep 2017

5.0
 for  Salary and Benefits

Likes

The atmosphere is dog eat dog and only those equipped to pander to whims and fancies of superiors survive comfortably. Independent thinking, creative approaches and different voices are actively discouraged

read more
  • Salary - Excellent
  • +1 more

Dislikes

The pay and perquisites are excellent but this is more on account of the institution being a public financial institution rather than management largesse. It is not uncommon for management to execute vendettas against free thinking performers.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Customer Support Department

1.0
  •  posted on 06 Nov 2022

4.0
 for  Salary and Benefits

Likes

Very Poor organization for the contractual employees no support is their from the senior managers no learning and training is provide. The only thing provided by the senior manager is the harrasment which they give to the employees A totally corrupt Organization.

read more
  • Salary - Good

Dislikes

Harrasment is being done from senior managers

  • Skill development - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 23 May 2023

5.0
 for  Salary and Benefits

Likes

A well knit organisation with well established processes and procedures. The organisation enjoys a sound reputation in the market and has High credibility in the eyes of its internal and external stakeholders

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nothing in particular

Contractual

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 09 Aug 2023

5.0
 for  Salary and Benefits

Likes

Work environment was very Good

  • Salary - Excellent
  • +5 more

Dislikes

In Vijayawada branch AGM was worest person the name of the employee was Segu Sukumar he is angry person is right to fit person because they didn't support other contract employees he is always scolding the person they didn't give respect to persons either younger or older persons he is not perfect person that place.

read more
  • Promotions - Poor

Contractual

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 25 Sep 2023

3.0
 for  Salary and Benefits

Likes

Nothing as of now

Dislikes

Worst company I have worked with If you people are government employee then it's well and good but if you are a contractual employee they people will make your life hell. In offer letter it would be written 5 days week working but once you join they will even call on Saturday and Sunday and if by Any reason you would say that you are stuck in any work and you won't be able to come then they people will say you that we are firing you and Don't come to office from tommrow.

read more
  • Skill development - Bad
  • +4 more
see more salary related reviews

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Small Industries Development Bank of India Credit Manager Salary FAQs

What is the salary of Credit Manager at Small Industries Development Bank of India ?
The average salary of a Credit Manager at Small Industries Development Bank of India in India typically ranges from ₹5.0 Lakhs to ₹36.4 Lakhs per year, depending on experience (from Fresher to 14 years).

The top 10% of Credit Manager at Small Industries Development Bank of India earn more than ₹36.7 Lakhs per year, and the top 1% earn over ₹36.7 Lakhs per year. Credit Manager Salaries at Small Industries Development Bank of India 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 5 Small Industries Development Bank of India employees in India.
What is the estimated take home salary of a Credit Manager at Small Industries Development Bank of India in India?
The estimated take-home salary of a Credit Manager at Small Industries Development Bank of India in India typically ranges from ₹1,28,316 to ₹1,32,680 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹36.4 Lakhs per year for employees with experience ranging from Fresher to 14 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 5 salaries received from various employees of Small Industries Development Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Credit Manager in companies similar to Small Industries Development Bank of India in India?
The salary of a Credit Manager at companies similar to Small Industries Development Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

LIC Housing Finance ₹8.0 Lakhs to ₹30.0 Lakhs per year
BA Continuum ₹9.0 Lakhs to ₹17.0 Lakhs per year
PNB Housing Finance ₹4.5 Lakhs to ₹12.1 Lakhs per year
Tata Capital Housing Finance ₹4.0 Lakhs to ₹13.5 Lakhs per year
Hinduja Leyland Finance ₹3.3 Lakhs to ₹13.3 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 Small Industries Development Bank of India in India?
The salary growth for a Credit Manager at Small Industries Development Bank of India depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Small Industries Development Bank of India:

Experience Average Salary Range
Fresher ₹5.0 Lakhs to ₹5.0 Lakhs per year
1 year ₹5.0 Lakhs to ₹5.0 Lakhs per year
2 years ₹5.0 Lakhs to ₹12.1 Lakhs per year
3 years ₹8.3 Lakhs to ₹10.6 Lakhs per year
and so on.

Tell us how to improve this page.

Small Industries Development Bank of India Credit Manager salary in India ranges between ₹5 Lakhs to ₹36.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Small Industries Development Bank of India latest salaries received from various employees of Small Industries Development Bank of India.