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The Saraswat Co-operative Bank Credit Manager salaries in Mumbai (Updated 2025)

Annual salary range
1 - 12 years exp.
₹7 Lakhs - ₹11.5 Lakhs
Salary of majority employees
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Fixed (98%)
₹8.9 Lakhs
Variable (2%)
₹0.2 Lakh
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12% more than the average Credit Manager Salary in Banking Companies for 1 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
1 - 11 years exp. (4 salaries)
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₹7 L/yr - ₹9.2 L/yr

Finance & Accounting
Credit Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹9 L/yr - ₹10.4 L/yr

Last Updated: 9 Jan 2025

Companies similar to The Saraswat Co-operative Bank for Credit Manager in Mumbai

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The Saraswat Co-operative Bank Credit Manager Salary

1 - 12 years exp. (7 salaries)

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₹7 L/yr - ₹11.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹7.2 L/yr - ₹11.5 L/yr

arrow icon 2% less
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SVC Co-Operative Bank Credit Manager Salary

8 - 11 years exp. (3 salaries)

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₹10 L/yr - ₹15.3 L/yr

arrow icon 34% more
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (560 salaries)

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₹4 L/yr - ₹17.4 L/yr

arrow icon 9% more
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (453 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 2% more
3 job openings
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (237 salaries)

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₹3.7 L/yr - ₹13 L/yr

arrow icon 9% less
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (211 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 14% less
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Axis Bank Credit Manager Salary

0 - 12 years exp. (148 salaries)

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₹4 L/yr - ₹15.3 L/yr

arrow icon 2% more
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Yes Bank Credit Manager Salary

0 - 10 years exp. (74 salaries)

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₹4.6 L/yr - ₹14 L/yr

arrow icon 7% less
1 job opening
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (35 salaries)

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₹3.6 L/yr - ₹11 L/yr

arrow icon 19% less
1 job opening
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Federal Bank Credit Manager Salary

2 - 12 years exp. (33 salaries)

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₹11 L/yr - ₹20 L/yr

arrow icon 73% more
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RBL Bank Credit Manager Salary

2 - 10 years exp. (26 salaries)

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₹3 L/yr - ₹11.7 L/yr

arrow icon 14% less
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IDBI Bank Credit Manager Salary

2 - 17 years exp. (13 salaries)

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₹12 L/yr - ₹28.9 L/yr

arrow icon 114% more
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₹3.9 L/yr - ₹7.6 L/yr

arrow icon 39% less
2 job openings
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Jana Small Finance Bank Credit Manager Salary

2 - 10 years exp. (9 salaries)

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₹2.4 L/yr - ₹9 L/yr

arrow icon 33% less
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Karur Vysya Bank Credit Manager Salary

4 - 11 years exp. (9 salaries)

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₹7 L/yr - ₹16 L/yr

arrow icon 14% more
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Central Bank of India Credit Manager Salary

2 - 7 years exp. (5 salaries)

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₹11.4 L/yr - ₹16 L/yr

arrow icon 53% more
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Canara Bank Credit Manager Salary

7 - 12 years exp. (4 salaries)

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₹13 L/yr - ₹19.4 L/yr

arrow icon 106% more
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Union Bank of India Credit Manager Salary

6 - 11 years exp. (4 salaries)

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₹10 L/yr - ₹19 L/yr

arrow icon 72% more
Credit Manager salary at The Saraswat Co-operative Bank ranges between ₹7 Lakhs to ₹11.5 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 7 latest salaries received from various employees of The Saraswat Co-operative Bank.

Latest annual salaries shared by The Saraswat Co-operative Bank Credit Manager in Mumbai

2mo ago
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8 years exp.
2mo ago
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12 years exp.
6mo ago
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11 years exp.
9mo ago
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11 years exp.
1y ago
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Experience wise The Saraswat Co-operative Bank Credit Manager salaries in Mumbai

Last Updated: 9 Jan 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹7 L/yr - ₹15.4 L/yr
2 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹9.9 L/yr
3 years (AmbitionBox Estimate)

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₹7 L/yr - ₹15.8 L/yr
4 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr
5 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
View all
The Saraswat Co-operative Bank Credit Manager Salary and Career Growth

From

To

Credit Manager

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0 - 12 years exp.

Senior Manager Credit

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9 - 13 years exp.

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 The Saraswat Co-operative Bank

Deputy Manager Salary
(210 salaries)
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₹3.8 L/yr - ₹11 L/yr
Branch Manager Salary
(23 salaries)
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₹4.1 L/yr - ₹15 L/yr
Chief Manager Salary
(11 salaries)
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₹21 L/yr - ₹28 L/yr
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Salary related reviews for The Saraswat Co-operative Bank

BFSI, Investments & Trading Department

4.0
  •  posted on 20 Apr 2022

3.0
 for  Salary and Benefits

Likes

Banks policy are goods, work environment is also good all teammates are like family, management never pressurized about work and targets, very helping and supporting management.

read more
  • Skill development - Good
  • +5 more

Dislikes

Salary hike is low as compared to public sector bank.

Full Time

 · 

Other Department

4.0
  •  posted on 26 Jul 2024

3.0
 for  Salary and Benefits

Likes

Work culture is really good, you get to learn many things as one person does everything. There is no proper segregation of work. Staff is responsible for sales, audit, branch operations, customer service, it issues etc. so it's multi tasking job.

read more
  • Skill development - Good
  • +3 more

Dislikes

Salary and other monetary benefits of the bank are not good. Appraisal and yearly increment are always delayed. No communication from HR regarding the same. HR policies of the bank need to be improved. So that people will stay here for long.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 10 Jun 2024

3.0
 for  Salary and Benefits

Likes

Supportive staff and proper training is given by bank to it's employees.good bank for learning but not recommended to work till retirement.

read more
  • Job security - Good
  • +1 more

Dislikes

Various targets i.e casa, insurance, fd, sip mutual fund, credit card etc and low salary as compared to sales pressure and targets. You need to do both operations and marketing at less salary.

read more

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 03 Jan 2024

1.0
 for  Salary and Benefits

Likes

Nothing to like about

Dislikes

...ce of working in saraswat bank. There is no proper management in any department. They provide worst salary but work pressure is high. Pathetic culture. No employee is happy working in saraswat bank.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 23 Aug 2023

3.0
 for  Salary and Benefits

Likes

Job Location

Dislikes

...zed and Toxic Work Culture Favouritism Long working hours- No work life balance Lower Pay Scale Unprofessional and Unethical Practices Non- Transparent HR Policies Required to work on holidays if the need be. Extreme pressure for marketing

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

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The Saraswat Co-operative Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at The Saraswat Co-operative Bank Mumbai?
Credit Manager salary at The Saraswat Co-operative Bank in Mumbai ranges between ₹7.0 Lakhs to ₹11.5 Lakhs for experience between 1 years to 12 years. According to our estimates it is 12% more than the average Credit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of The Saraswat Co-operative Bank Mumbai.
How does the salary of a Credit Manager at The Saraswat Co-operative Bank Mumbai compare with the average salary range for this job?
The average salary of a Credit Manager at The Saraswat Co-operative Bank is 12% more than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than The Saraswat Co-operative Bank to a Credit Manager in Mumbai?
  • IDBI Bank Credit Manager Salary - ₹12.0 Lakhs to ₹28.9 Lakhs per year
  • Canara Bank Credit Manager Salary - ₹13.0 Lakhs to ₹19.4 Lakhs per year
  • Federal Bank Credit Manager Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year
  • Union Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹19.0 Lakhs per year
  • Central Bank of India Credit Manager Salary - ₹11.4 Lakhs to ₹16.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to The Saraswat Co-operative Bank in Mumbai?
  • SVC Co-Operative Bank Credit Manager Salary - ₹10.0 Lakhs to ₹15.3 Lakhs per year
  • Karur Vysya Bank Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
  • ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.4 Lakhs per year
  • Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
  • HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
What is the estimated take home salary of a Credit Manager at The Saraswat Co-operative Bank in Mumbai?
The estimated take-home salary of a Credit Manager at The Saraswat Co-operative Bank ranges between ₹66,170 per month to ₹67,862 per month in Mumbai. The take-home salary calculation is based on the average The Saraswat Co-operative Bank Credit Manager salary in India which ranges between ₹7.0 Lakhs to ₹11.5 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at The Saraswat Co-operative Bank in Mumbai?
According to AmbitionBox, 60% of the The Saraswat Co-operative Bank Credit Managers in Mumbai reported a notice period of 1 Month, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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The Saraswat Co-operative Bank Credit Manager salary in Mumbai ranges between ₹7 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.

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