South Indian Bank Credit Risk Manager Salaries by 4 Employees (Updated 2024)

10 - 12 years exp.

₹18 Lakhs - ₹22 Lakhs

Low Confidence

Salary of majority employees

48% more than the average Credit Risk Manager Salary in Banking Companies for 10 - 12 years of experience

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Last Updated: 19 Apr 2024

Companies similar to South Indian Bank for Credit Risk Manager

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Credit Risk Manager Salary 1 - 8 years exp. (7 salaries)	₹7.8 L/yr - ₹13.5 L/yr 47% less
DBS Bank Credit Risk Manager Salary 13 - 18 years exp. (4 salaries)	₹30 L/yr - ₹41.5 L/yr 76% more
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Yes Bank Credit Risk Manager Salary 1 - 11 years exp. (98 salaries)	₹4.5 L/yr - ₹15.6 L/yr 53% less
HDFC Bank Credit Risk Manager Salary 1 - 8 years exp. (91 salaries)	₹5 L/yr - ₹19.9 L/yr 38% less
ICICI Bank Credit Risk Manager Salary 0 - 6 years exp. (89 salaries)	₹7.3 L/yr - ₹24.5 L/yr 21% less
Kotak Mahindra Bank Credit Risk Manager Salary 1 - 8 years exp. (20 salaries)	₹5.2 L/yr - ₹14 L/yr 52% less
Axis Bank Credit Risk Manager Salary 3 - 11 years exp. (12 salaries)	₹8 L/yr - ₹21 L/yr 31% less
RBL Bank Credit Risk Manager Salary 1 - 5 years exp. (10 salaries)	₹3.7 L/yr - ₹12.6 L/yr 61% less
IDFC FIRST Bank Credit Risk Manager Salary 1 - 5 years exp. (9 salaries)	₹6.2 L/yr - ₹25 L/yr 23% less
Jana Small Finance Bank Credit Risk Manager Salary 3 - 12 years exp. (8 salaries)	₹5.6 L/yr - ₹19.9 L/yr 34% less
IDBI Bank Credit Risk Manager Salary 5 - 16 years exp. (5 salaries)	₹18.2 L/yr - ₹25 L/yr 14% more
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IndusInd Bank Credit Risk Manager Salary 3 - 7 years exp. (5 salaries)	₹9.5 L/yr - ₹20.5 L/yr 25% less
Bandhan Bank Credit Risk Manager Salary 0 - 3 years exp. (4 salaries)	₹12 L/yr - ₹12.3 L/yr 37% less
Ujjivan Small Finance Bank Credit Risk Manager Salary 5 - 12 years exp. (4 salaries)	₹12 L/yr - ₹17.5 L/yr 27% less
Utkarsh Small Finance Bank Credit Risk Manager Salary 2 - 8 years exp. (4 salaries)	₹4.3 L/yr - ₹7.1 L/yr 72% less

Credit Risk Manager salary at South Indian Bank ranges between ₹18 Lakhs to ₹22 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Credit Risk Manager salaries

Last Updated: 19 Apr 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹18 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹19 L/yr - ₹34.6 L/yr
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12 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹22 L/yr

Similar Designation salaries in South Indian Bank

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Credit Analyst Salary

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₹8.25 L/yr - ₹18.5 L/yr

Branch Credit Manager Salary

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Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Salary related reviews for South Indian Bank

Officer in Ludhiana

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 May 2024

4.0

for Salary and Benefits

Likes

Salary benefits

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

Assistant Manager in Kochi

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.

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.

Probationary Officer in New Delhi

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

Probationary Officer in Kochi

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.

Dislikes

Sometime too much of regulations and rules hurt the business

Customer Service Associate in Durgapur

Full Time

Other Department

3.0

• posted on 17 Sep 2023

4.0

for Salary and Benefits

Likes

Their salary structure as compare to other pvt Bank is good because they follow iba payscale but not sure for how long after the change in the administration.

Dislikes

Senior staff of the banks are useless they just want to sit and expect spoon feeding bank initiative taken by the head office are never been viewed seriously managers of the bank in fact assistant manager and the po just act that they are working but the reality is that they just wanna pas their time in side the bank

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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South Indian Bank Credit Risk Manager Salary FAQs

What is the salary of Credit Risk Manager at South Indian Bank?

Credit Risk Manager salary at South Indian Bank in India ranges between ₹18.0 Lakhs to ₹22.0 Lakhs for experience between 10 years to 12 years. According to our estimates it is 48% more than the average Credit Risk Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank India.

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

The average salary of a Credit Risk Manager at South Indian Bank is 48% more than the average salary of a Credit Risk Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Credit Risk Manager in India?

DBS Bank Credit Risk Manager Salary - ₹30.0 Lakhs to ₹41.5 Lakhs per year
IDBI Bank Credit Risk Manager Salary - ₹18.2 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Credit Risk Manager in companies similar to South Indian Bank in India?

ICICI Bank Credit Risk Manager Salary - ₹7.3 Lakhs to ₹24.5 Lakhs per year
IDFC FIRST Bank Credit Risk Manager Salary - ₹6.2 Lakhs to ₹25.0 Lakhs per year
IndusInd Bank Credit Risk Manager Salary - ₹9.5 Lakhs to ₹20.5 Lakhs per year
Ujjivan Small Finance Bank Credit Risk Manager Salary - ₹12.0 Lakhs to ₹17.5 Lakhs per year
Axis Bank Credit Risk Manager Salary - ₹8.0 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Credit Risk Manager at South Indian Bank ranges between ₹1,27,809 per month to ₹1,32,105 per month in India. The take-home salary calculation is based on the average South Indian Bank Credit Risk Manager salary in India which ranges between ₹18.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 10 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Credit Risk Manager at South Indian Bank?

According to AmbitionBox, 100% of the South Indian Bank Credit Risk Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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South Indian Bank Credit Risk Manager Salaries

South Indian Bank Credit Risk Manager salary in India ranges between ₹18 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 South Indian Bank latest salaries received from various employees of South Indian Bank.