State Bank of India Assistant Credit Manager Salaries by 5 Employees

0 - 8 years exp.

₹5.8 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

166% more than the average Assistant Credit Manager Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Credit Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹18 L/yr
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Finance & Accounting Assistant Credit Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.3 L/yr

Last Updated: 30 May 2024

Companies similar to State Bank of India for Assistant Credit Manager

Company name	Avg Annual Salary	Open Jobs
AU Small Finance Bank Assistant Credit Manager Salary 1 - 10 years exp. (118 salaries)	₹2 L/yr - ₹5.7 L/yr 65% less
HDFC Bank Assistant Credit Manager Salary 1 - 5 years exp. (60 salaries)	₹2.4 L/yr - ₹9 L/yr 61% less
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Axis Bank Assistant Credit Manager Salary 0 - 7 years exp. (37 salaries)	₹2.7 L/yr - ₹5.5 L/yr 65% less
Kotak Mahindra Bank Assistant Credit Manager Salary 0 - 7 years exp. (22 salaries)	₹2 L/yr - ₹4.1 L/yr 69% less
ICICI Bank Assistant Credit Manager Salary 0 - 6 years exp. (14 salaries)	₹1.5 L/yr - ₹3.8 L/yr 80% less
IDFC FIRST Bank Assistant Credit Manager Salary 1 - 7 years exp. (14 salaries)	₹4 L/yr - ₹6.2 L/yr 62% less
Bandhan Bank Assistant Credit Manager Salary 0 - 2 years exp. (9 salaries)	₹2 L/yr - ₹4.5 L/yr 69% less
Union Bank of India Assistant Credit Manager Salary 1 - 8 years exp. (7 salaries)	₹4.5 L/yr - ₹13 L/yr 30% less
IDBI Bank Assistant Credit Manager Salary 4 - 8 years exp. (6 salaries)	₹10 L/yr - ₹16 L/yr 8% more
IndusInd Bank Assistant Credit Manager Salary 2 - 4 years exp. (6 salaries)	₹2 L/yr - ₹4 L/yr 71% less
Indian Overseas Bank Assistant Credit Manager Salary 5 - 11 years exp. (6 salaries)	₹6 L/yr - ₹11 L/yr 27% less
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Bank of Baroda Assistant Credit Manager Salary 1 - 5 years exp. (6 salaries)	₹7 L/yr - ₹12 L/yr 13% less
Bank of India Assistant Credit Manager Salary 1 - 9 years exp. (6 salaries)	₹6 L/yr - ₹8.9 L/yr 38% less
Yes Bank Assistant Credit Manager Salary 0 - 2 years exp. (5 salaries)	₹4 L/yr - ₹5 L/yr 62% less
Central Bank of India Assistant Credit Manager Salary 4 - 7 years exp. (5 salaries)	₹7.1 L/yr - ₹11.8 L/yr 20% less
Standard Chartered Assistant Credit Manager Salary 4 - 13 years exp. (5 salaries)	₹3.8 L/yr - ₹4.1 L/yr 67% less
Canara Bank Assistant Credit Manager Salary 7 - 8 years exp. (3 salaries)	₹14.5 L/yr - ₹15 L/yr 26% more
Barclays Assistant Credit Manager Salary 0 - 9 years exp. (3 salaries)	₹4 L/yr - ₹12 L/yr 44% less
Punjab National Bank Assistant Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹9.9 L/yr - ₹11 L/yr 13% less
Indian Bank Assistant Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 11% less

Assistant Credit Manager salary at State Bank of India ranges between ₹5.8 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Assistant Credit Manager salaries

Last Updated: 30 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
1 year (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
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2 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
3 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
4 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.6 L/yr
5 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
6 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
7 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
8 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr

View all

From

Assistant Credit Manager

₹

Lakhs/yr

0 - 8 years exp.

Regional Manager

₹

Lakhs/yr

12 - 26 years exp.

Assistant Credit Manager

0 - 8 years exp.

Branch Manager

5 - 16 years exp.

66% hike

Chief Manager

11 - 22 years exp.

67% hike

From

View 5 more levels

Assistant Credit Manager

0 - 8 years exp.

General Manager, Audit

Salary unavailable

From

View 4 more levels

Assistant Credit Manager

0 - 8 years exp.

New Business Manager

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in State Bank of India

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹25.2 L/yr - ₹32.2 L/yr

Branch Credit Manager Salary

(4 salaries)

₹4.23 L/yr - ₹15 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹25 L/yr - ₹28 L/yr

Deputy Credit Manager Salary

(7 salaries)

₹10 L/yr - ₹16 L/yr

Credit Manager Salary

(47 salaries)

₹10 L/yr - ₹32 L/yr

Senior Credit Officer Salary

(3 salaries)

₹12.5 L/yr - ₹16 L/yr

Relationship Manager Salary

(185 salaries)

₹2.93 L/yr - ₹12.87 L/yr

Branch Manager Salary

(290 salaries)

₹8 L/yr - ₹31.4 L/yr

Assistant Vice President Salary

(197 salaries)

₹5.72 L/yr - ₹16 L/yr

Chief Manager Salary

(364 salaries)

₹15 L/yr - ₹50 L/yr

Salary related reviews for State Bank of India

Deputy Manager in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 20 Mar 2025

4.0

for Salary and Benefits

Likes

...ly banker to every Indian. One gain experience in handling all kind of customer. Good Salary package compared to any other banking and financial institutions. Respect and status is incomparable. Tough but worth for career oriented candidates.

Salary - Good

+4 more

Dislikes

Challenges before a women employee and men is not the same in our society. Not every family support working women. To spread their wings and fulfill their dreams they faces many many hurdles. We cannot have rigid and common transfer policy for everyone. I have seen many women employee resigning due to this reason including me. Having work life balance is difficult for officer particularly.

Work-life balance - Bad

Deputy Manager in Bokaro

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jan 2025

1.0

for Salary and Benefits

Likes

Fixed salary

Job security - Excellent

Dislikes

Horrible work culture. Too much internal politics. People who don't work re appraised well and people who work hard are appraised badly, and have to bear lots of criticism. Seniors don't have any idea about the reality of ground level and force unethical practices for personal gains. People who oppose this are publically humiliated and instructed to resign. Seniors have no working knowledge of how the softwares work, and if some do do, then they refused to share their knowledge with others. It is the worst workplace I have ever worked in. I would not wish this kind of working environment to my worst enemy.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 15 Nov 2024

4.0

for Salary and Benefits

Likes

Nothing to like really. You just get stuck in doing monotonous job

Salary - Good

+1 more

Dislikes

...erable. Asking to not come on a public holiday leads to targetting by your boss. No compensation for working on holidays. One has to work for 10-12 hours Monday to Saturday. You are asked to do work outside bank guidelines and no risk allowance/security assurance is given.

Skill development - Bad

+3 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 18 Sep 2024

4.0

for Salary and Benefits

Likes

It is a reputed organisation and the largest public sector bank in India. The salary and perks are better as compared to other PSBs. There is job security.

Salary - Good

+2 more

Dislikes

Long sitting hours, lot of workload, seniors threatening to transfer/change posting, stress and pressure of completing targets, working on weekends and holidays. Huge customer base means a lot of customer dealing.

Company culture - Poor

+1 more

Deputy Manager in New Delhi

Full Time

Other Department

3.0

• posted on 28 Jul 2024

3.0

for Salary and Benefits

Likes

Salary and little bit of recognition

Job security - Excellent

Dislikes

Bad culture Politics Transfer postings outside Which disturbs your personal life Late working Shortage of staff puts more burden on existing employees Poorest work life balance

Work satisfaction - Bad

+2 more

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State Bank of India Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at State Bank of India ?

The average salary of a Assistant Credit Manager at State Bank of India in India typically ranges from ₹5.8 Lakhs to ₹18.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Assistant Credit Manager at State Bank of India earn more than ₹18.0 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Assistant Credit Manager Salaries at State 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 State Bank of India employees in India.

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

The estimated take-home salary of a Assistant Credit Manager at State Bank of India in India typically ranges from ₹84,239 to ₹86,441 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from Fresher to 8 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 State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than State Bank of India for Assistant Credit Manager in India?

Canara Bank	₹14.5 Lakhs to ₹15.0 Lakhs per year
IDBI Bank	₹10.0 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by State Bank of India, depending on the role and experience level.

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

The salary of a Assistant Credit Manager at companies similar to State Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indian Bank	₹10.0 Lakhs to ₹12.0 Lakhs per year
Punjab National Bank	₹9.9 Lakhs to ₹11.0 Lakhs per year
Bank of Baroda	₹7.0 Lakhs to ₹12.0 Lakhs per year
Central Bank of India	₹7.1 Lakhs to ₹11.8 Lakhs per year
Indian Overseas Bank	₹6.0 Lakhs to ₹11.0 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 Assistant Credit Manager at State Bank of India in India?

The salary growth for a Assistant Credit Manager at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Assistant Credit Manager can expect the following growth trajectory at State Bank of India:

Experience	Average Salary Range
Fresher	₹11.4 Lakhs to ₹14.5 Lakhs per year
1 year	₹11.2 Lakhs to ₹14.3 Lakhs per year
2 years	₹11.0 Lakhs to ₹14.1 Lakhs per year
3 years	₹10.8 Lakhs to ₹13.8 Lakhs per year

and so on.

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State Bank of India Assistant Credit Manager Salaries

State Bank of India Assistant Credit Manager salary in India ranges between ₹5.8 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 State Bank of India latest salaries received from various employees of State Bank of India.