Union Bank of India Chief Manager Credit Salaries by 20+ Employees (Updated 2025)

8 - 23 years exp.

₹18 Lakhs - ₹35 Lakhs

Salary of majority employees

11% more than the average Chief Manager Credit Salary in Banking Companies for 8 - 23 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Credit Salary 12 - 19 years exp. (12 salaries)	₹18 L/yr - ₹30 L/yr
Finance & Accounting Chief Manager Credit Salary 8 - 23 years exp. (6 salaries)	₹18 L/yr - ₹33 L/yr
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Risk Management & Compliance Chief Manager Credit Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22.4 L/yr

Last Updated: 5 Feb 2025

Companies similar to Union Bank of India for Chief Manager Credit

Company name	Avg Annual Salary	Open Jobs
State Bank of India Chief Manager Credit Salary 11 - 14 years exp. (4 salaries)	₹29 L/yr - ₹33 L/yr 12% more
ICICI Bank Chief Manager Credit Salary 5 - 11 years exp. (5 salaries)	₹17.8 L/yr - ₹20.5 L/yr 28% less
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Kotak Mahindra Bank Chief Manager Credit Salary 6 - 12 years exp. (27 salaries)	₹9 L/yr - ₹22 L/yr 46% less
Punjab National Bank Chief Manager Credit Salary 7 - 14 years exp. (20 salaries)	₹14 L/yr - ₹36 L/yr 13% more
Bank of Baroda Chief Manager Credit Salary 8 - 14 years exp. (25 salaries)	₹15 L/yr - ₹37 L/yr 8% more
Indian Bank Chief Manager Credit Salary 12 - 27 years exp. (10 salaries)	₹17.2 L/yr - ₹35 L/yr 5% more
Central Bank of India Chief Manager Credit Salary 10 - 13 years exp. (4 salaries)	₹14 L/yr - ₹21 L/yr 34% less
IDFC FIRST Bank Chief Manager Credit Salary 9 - 14 years exp. (5 salaries)	₹13 L/yr - ₹16.8 L/yr 45% less
Bank of India Chief Manager Credit Salary 10 - 34 years exp. (4 salaries)	₹12 L/yr - ₹22 L/yr 38% less
Indian Overseas Bank Chief Manager Credit Salary 9 - 11 years exp. (3 salaries)	₹14.5 L/yr - ₹30 L/yr 12% less

Chief Manager Credit salary at Union Bank of India ranges between ₹18 Lakhs to ₹35 Lakhs per year for employees with experience between 8 years to 23 years. Salary estimates are based on 22 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Chief Manager Credit salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹18 L/yr - ₹45.6 L/yr
9 years (AmbitionBox Estimate)	₹22.9 L/yr - ₹29.3 L/yr
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10 years (AmbitionBox Estimate)	₹18 L/yr - ₹46.1 L/yr
11 years (AmbitionBox Estimate)	₹18 L/yr - ₹29 L/yr
12 years (AmbitionBox Estimate)	₹22 L/yr - ₹33 L/yr
13 years (AmbitionBox Estimate)	₹18 L/yr - ₹46.9 L/yr
14 years (AmbitionBox Estimate)	₹22 L/yr - ₹30 L/yr
15+ years (12 salaries)	₹18 L/yr - ₹35 L/yr

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Salary related reviews for Union Bank of India

4.0

Rated by 2 employees for salary & benefits

Branch Head in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 07 May 2023

5.0

for Salary and Benefits

Likes

Since it is a government bank, job security and salary is very handful.

Salary - Excellent

+3 more

Dislikes

Work life balance is very as they will not give you home posting it nearby posting and when you will away higher authority will force you unilaterally without listening anything

Work-life balance - Bad

Branch Manager in Rajahmundry

BFSI, Investments & Trading Department

3.0

• posted on 07 Jan 2019

3.0

for Salary and Benefits

Likes

The company allows you fast new challenges every time and you need to completely learn accordingly. We will have good respect in the society.

Job security - Excellent

+1 more

Dislikes

Growth is fast but the pressure increase multiple times and salary wil be increased very slow. Most of the things are to be managed by one person only and no one will be supporting them . Though few are experienced and highly skilled ,they won't have time to train subordinates .

Work satisfaction - Poor

+1 more

Senior Branch Manager

BFSI, Investments & Trading Department

4.0

• posted on 08 Apr 2018

4.0

for Salary and Benefits

Likes

...t merit counts. The promotion avenues are good and work culture is satisfactory. The salary structure is as available in Banking Industry.

Salary - Good

+6 more

Dislikes

No and never

Banking Operations in Hyderabad / Secunderabad

Finance & Accounting Department

4.0

• posted on 29 Sep 2020

3.0

for Salary and Benefits

Likes

...rk environment & culture.Teammates were cooperative.Transfer policies were good.Though there was no bonus and the salary hike was as per the predetermined criteria.

Skill development - Good

+4 more

Dislikes

Nothing Was there to dislike except with the perques were not satisfactory.

Chief Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Jan 2025

3.0

for Salary and Benefits

Likes

...ork at various departments and locations. Good staff training facility is there. Salary is good.

Skill development - Good

+3 more

Dislikes

Promotions are limited and salary is not as per Market. Beyond few years we can't stay in one zone which hampers education of kids

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Union Bank of India Chief Manager Credit Salary FAQs

What is the salary of Chief Manager Credit at Union Bank of India?

Chief Manager Credit salary at Union Bank of India in India ranges between ₹18.0 Lakhs to ₹35.0 Lakhs for experience between 8 years to 23 years. According to our estimates it is 11% more than the average Chief Manager Credit Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Union Bank of India India.

How does the salary of a Chief Manager Credit at Union Bank of India India compare with the average salary range for this job?

The average salary of a Chief Manager Credit at Union Bank of India is 11% more than the average salary of a Chief Manager Credit in India. To know exact salary insights, login to view.

Which similar companies are paying more than Union Bank of India to a Chief Manager Credit in India?

Punjab National Bank Chief Manager Credit Salary - ₹14.0 Lakhs to ₹36.0 Lakhs per year
State Bank of India Chief Manager Credit Salary - ₹29.0 Lakhs to ₹33.0 Lakhs per year
Bank of Baroda Chief Manager Credit Salary - ₹15.0 Lakhs to ₹37.0 Lakhs per year
Indian Bank Chief Manager Credit Salary - ₹17.2 Lakhs to ₹35.0 Lakhs per year

What is the salary of a Chief Manager Credit in companies similar to Union Bank of India in India?

Indian Overseas Bank Chief Manager Credit Salary - ₹14.5 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Chief Manager Credit Salary - ₹17.8 Lakhs to ₹20.5 Lakhs per year
Central Bank of India Chief Manager Credit Salary - ₹14.0 Lakhs to ₹21.0 Lakhs per year
Bank of India Chief Manager Credit Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
IDFC FIRST Bank Chief Manager Credit Salary - ₹13.0 Lakhs to ₹16.8 Lakhs per year

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

The estimated take-home salary of a Chief Manager Credit at Union Bank of India ranges between ₹1,66,074 per month to ₹1,72,447 per month in India. The take-home salary calculation is based on the average Union Bank of India Chief Manager Credit salary in India which ranges between ₹18.0 Lakhs to ₹35.0 Lakhs per year for employees with experience between 8 years to 23 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager Credit at Union Bank of India?

According to AmbitionBox, 94% of the Union Bank of India Chief Manager Credits reported a notice period of 3 Months, 6% reported a notice period of 15 days or less.This is based on 18 responses on AmbitionBox in last 2 years.

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Union Bank of India Chief Manager Credit Salaries

Union Bank of India Chief Manager Credit salary in India ranges between ₹18 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Union Bank of India latest salaries received from various employees of Union Bank of India.