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South Indian Bank Credit Manager salaries in India (Updated 2025)

Annual salary range
4 - 11 years exp.
₹9 Lakhs - ₹21 Lakhs
Salary of majority employees
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101% more than the average Credit Manager Salary in Banking Companies for 4 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
5 - 11 years exp. (17 salaries)
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₹9 L/yr - ₹21 L/yr

Finance & Accounting
Credit Manager Salary
4 - 9 years exp. (8 salaries)
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₹11 L/yr - ₹17 L/yr

Last Updated: 6 Jan 2025

Companies similar to South Indian Bank for Credit Manager

Company name Avg Annual Salary Open Jobs
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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 1% less
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Karur Vysya Bank Credit Manager Salary

1 - 12 years exp. (81 salaries)

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₹6.3 L/yr - ₹16.8 L/yr

arrow icon 33% 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 31% less
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Karnataka Bank Credit Manager Salary

0 - 12 years exp. (10 salaries)

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₹10.5 L/yr - ₹16 L/yr

arrow icon 16% less
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Dhanlaxmi Bank Credit Manager Salary

11 - 18 years exp. (3 salaries)

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₹3.9 L/yr - ₹14.5 L/yr

arrow icon 36% less
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CSB Bank Credit Manager Salary

0 - 7 years exp. (37 salaries)

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₹4.5 L/yr - ₹12 L/yr

arrow icon 49% less
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DBS Bank Credit Manager Salary

3 - 13 years exp. (19 salaries)

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₹7.2 L/yr - ₹26.3 L/yr

arrow icon 4% less
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the Nainital Bank Credit Manager Salary

6 - 9 years exp. (5 salaries)

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₹9 L/yr - ₹11 L/yr

arrow icon 38% less
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J&K Bank Credit Manager Salary

7 - 13 years exp. (5 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 18% less
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (3.2k salaries)

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₹4.3 L/yr - ₹18 L/yr

arrow icon 36% less
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (2.7k salaries)

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₹3.5 L/yr - ₹14.4 L/yr

arrow icon 46% less
14 job openings
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (1k salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 42% less
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (822 salaries)

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₹3 L/yr - ₹13.5 L/yr

arrow icon 51% less
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Axis Bank Credit Manager Salary

0 - 12 years exp. (826 salaries)

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₹3.5 L/yr - ₹14.8 L/yr

arrow icon 45% less
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Yes Bank Credit Manager Salary

0 - 12 years exp. (416 salaries)

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₹4.2 L/yr - ₹14.3 L/yr

arrow icon 44% less
1 job opening
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Bandhan Bank Credit Manager Salary

0 - 15 years exp. (304 salaries)

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₹2.6 L/yr - ₹10.8 L/yr

arrow icon 59% less
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Utkarsh Small Finance Bank Credit Manager Salary

1 - 10 years exp. (278 salaries)

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₹2 L/yr - ₹8.6 L/yr

arrow icon 69% less
2 job openings
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (233 salaries)

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₹2.9 L/yr - ₹13 L/yr

arrow icon 51% less
1 job opening
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Jana Small Finance Bank Credit Manager Salary

2 - 12 years exp. (190 salaries)

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₹1.5 L/yr - ₹10 L/yr

arrow icon 62% less
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RBL Bank Credit Manager Salary

1 - 10 years exp. (135 salaries)

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₹2.4 L/yr - ₹11.4 L/yr

arrow icon 57% less
View all
Credit Manager salary at South Indian Bank ranges between ₹9 Lakhs to ₹21 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 29 latest salaries received from various employees of South Indian Bank.

Latest annual salaries shared by South Indian Bank Credit Manager

2mo ago
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8 years exp.
7mo ago
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7 years exp.
8mo ago
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9 years exp.
8mo ago
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11 years exp.
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10 years exp.
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10 years exp.
1y ago
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7 years exp.

Experience wise South Indian Bank Credit Manager salaries

Last Updated: 6 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹13 L/yr - ₹25.9 L/yr
5 years  (4 salaries)

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₹9 L/yr - ₹26.6 L/yr
6 years (AmbitionBox Estimate)

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₹9.6 L/yr - ₹27.3 L/yr
7 years  (6 salaries)

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₹10 L/yr - ₹17 L/yr
8 years  (6 salaries)

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₹10 L/yr - ₹17 L/yr
View all

Similar Designation salaries in South Indian Bank

Credit Officer Salary
(10 salaries)
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₹9 L/yr - ₹14.99 L/yr
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹11.2 L/yr - ₹14.3 L/yr
Branch Manager Salary
(50 salaries)
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₹7 L/yr - ₹19 L/yr
Chief Manager Salary
(46 salaries)
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₹12 L/yr - ₹30 L/yr
Credit Analyst Salary
(39 salaries)
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₹8.25 L/yr - ₹18.5 L/yr
Sales Manager Salary
(9 salaries)
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₹9.2 L/yr - ₹13 L/yr
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₹9 L/yr - ₹9.5 L/yr
Cluster Credit Manager Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Regional Credit Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
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₹7 L/yr - ₹10.8 L/yr

Salary related reviews for South Indian Bank

3.1

Rated by 6 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 09 May 2024

4.0
 for  Salary and Benefits

Likes

Salary benefits

  • Salary - Good

Dislikes

Worst Work Culture,don't waste your potential just for few more money.Huge Target Pressure and Politics, Nepotism at peak only malayali people sit and enjoy being here ,while other staff are tortured , harassed on daily basis.No matter how Educated,good Employee you're if you don't meet their Targets and don't Butter your senior each and every minute.People in Other part of India except kerela don't even know About Bank so think about it how difficult will be To meet Target,even if you meet Targets you have to Butter.If you like to get treated like animal then you guys can join

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 10 May 2024

4.0
 for  Salary and Benefits

Likes

Salary assured for IBA pay scale staff. No assurance for CTC staff. Not sure what will happen in salary for IBA scale staffs in coming years.

read more
  • Salary - Good
  • +1 more

Dislikes

Work culture and work life balance adversely affected after introduction of cluster system in 2021. Excellent in alloting huge targets but worst in getting assistance for departments in solving customer complaints. Mental and physical health of staff seriously affected. Threatening messages through WhatsApp. Have to contact customers through personal mobile so that staff has to attend customer while at home and holidays.

read more
  • Work satisfaction - Bad
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 19 Jan 2025

5.0
 for  Salary and Benefits

Likes

Only salary and allowance at par with IBA till date.....

  • Salary - Excellent

Dislikes

There is no continuous Management at top level sudden changing in the management only orders and circular issuance.There is lot of higher ups to supervise us and sought us No one will come for ground work not recommended for youngsters

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 27 Jul 2024

3.0
 for  Salary and Benefits

Likes

Less Pressure Salary, Perks & Other benefit

Dislikes

Words Would be Less to Describe the Disliking Outdated Bank Policies Terrible Management at top No Vision to Serve & Retain Good Customers No Marketing & Promotion Brand Name is hardly Known to people

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 08 Oct 2023

5.0
 for  Salary and Benefits

Likes

Salary and work structure is just like a Govt. bank. IBA scales are maintained. Also the work life balance is quite decent compared to other private sector banks. Most of the employees are quite young (below 35 years) so that is an added advantage too.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Sometime too much of regulations and rules hurt the business

see more salary related reviews

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South Indian Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at South Indian Bank ?
The average salary of a Credit Manager at South Indian Bank in India typically ranges from ₹9.0 Lakhs to ₹21.0 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Credit Manager at South Indian Bank earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Credit Manager Salaries at South Indian 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+ South Indian Bank employees in India.
What is the estimated take home salary of a Credit Manager at South Indian Bank in India?
The estimated take-home salary of a Credit Manager at South Indian Bank in India typically ranges from ₹1,07,808 to ₹1,10,781 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from 4 years to 11 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 South Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than South Indian Bank for Credit Manager in India?
IDBI Bank ₹8.5 Lakhs to ₹28.9 Lakhs per year
Canara Bank ₹11.1 Lakhs to ₹26.0 Lakhs per year

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

Federal Bank ₹10.0 Lakhs to ₹20.0 Lakhs per year
DBS Bank ₹7.2 Lakhs to ₹26.3 Lakhs per year
Union Bank of India ₹6.6 Lakhs to ₹20.0 Lakhs per year
Central Bank of India ₹10.0 Lakhs to ₹17.0 Lakhs per year
Karnataka Bank ₹10.5 Lakhs to ₹16.0 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 South Indian Bank in India?
The salary growth for a Credit Manager at South Indian Bank depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at South Indian Bank:

Experience Average Salary Range
4 years ₹13.0 Lakhs to ₹25.9 Lakhs per year
5 years ₹9.0 Lakhs to ₹26.6 Lakhs per year
6 years ₹9.6 Lakhs to ₹27.3 Lakhs per year
7 years ₹10.0 Lakhs to ₹17.0 Lakhs per year
and so on.

Tell us how to improve this page.

South Indian Bank Credit Manager salary in India ranges between ₹9 Lakhs to ₹21 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 South Indian Bank latest salaries received from various employees of South Indian Bank.