Union Bank of India Credit Manager Salaries by 30+ Employees (Updated 2025)

6 - 11 years exp.

₹6.6 Lakhs - ₹20 Lakhs

Salary of majority employees

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99% more than the average Credit Manager Salary in Banking Companies for 6 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 6 - 11 years exp. (19 salaries)	Unlock ₹6.9 L/yr - ₹19 L/yr
Finance & Accounting Credit Manager Salary 7 - 10 years exp. (7 salaries)	Unlock ₹8.5 L/yr - ₹16 L/yr
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Customer Success, Service & Operations Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹12.5 L/yr - ₹15.6 L/yr

Last Updated: 6 Oct 2024

Companies similar to Union Bank of India for Credit Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	Unlock ₹10 L/yr - ₹32 L/yr 27% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	Unlock ₹3.5 L/yr - ₹14.1 L/yr 45% less	5 job openings
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	Unlock ₹4 L/yr - ₹17.5 L/yr 35% less
Axis Bank Credit Manager Salary 0 - 12 years exp. (818 salaries)	Unlock ₹3.5 L/yr - ₹14.8 L/yr 44% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	Unlock ₹3.7 L/yr - ₹14.5 L/yr 41% less
Punjab National Bank Credit Manager Salary 4 - 9 years exp. (45 salaries)	Unlock ₹6.8 L/yr - ₹20 L/yr 3% more
Bank of Baroda Credit Manager Salary 4 - 13 years exp. (208 salaries)	Unlock ₹7 L/yr - ₹24 L/yr 12% more
Canara Bank Credit Manager Salary 7 - 12 years exp. (36 salaries)	Unlock ₹11.1 L/yr - ₹26 L/yr 22% more
IDBI Bank Credit Manager Salary 2 - 17 years exp. (111 salaries)	Unlock ₹8 L/yr - ₹28.9 L/yr 21% more
Central Bank of India Credit Manager Salary 0 - 13 years exp. (15 salaries)	Unlock ₹10 L/yr - ₹17 L/yr 12% less

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Credit Manager salary at Union Bank of India ranges between ₹6.6 Lakhs to ₹20 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 39 latest salaries received from various employees of Union Bank of India.

Latest annual salaries shared by Union Bank of India Credit Manager

4mo ago

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9 years exp.

4mo ago

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6 years exp.

6mo ago

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11 years exp.

8mo ago

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10 years exp.

1y ago

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10 years exp.

1y ago

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8 years exp.

1y ago

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11 years exp.

1y ago

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6 years exp.

1y ago

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11 years exp.

1y ago

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8 years exp.

Experience wise Union Bank of India Credit Manager salaries

Last Updated: 6 Oct 2024

Experience	Avg Annual Salary
6 years (9 salaries)	Unlock ₹6 L/yr - ₹18 L/yr
7 years (8 salaries)	Unlock ₹8 L/yr - ₹19 L/yr
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8 years (5 salaries)	Unlock ₹11.2 L/yr - ₹18 L/yr
9 years (6 salaries)	Unlock ₹9 L/yr - ₹18 L/yr
10 years (5 salaries)	Unlock ₹13.5 L/yr - ₹20 L/yr
11 years (6 salaries)	Unlock ₹13 L/yr - ₹20 L/yr

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From

Credit Manager

₹

Lakhs/yr

6 - 11 years exp.

Chief Credit Manager

₹

Lakhs/yr

11 - 11 years exp.

Credit Manager 6 - 11 years exp.

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Senior Manager Credit 7 - 14 years exp.

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38% hike

Chief Credit Manager 11 years exp.

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45% hike

From

2 more levels

Credit Manager

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6 - 11 years exp.

Assistant General Manager

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16 - 31 years exp.

View 1 more career path

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 Union Bank of India

Credit Officer Salary

(18 salaries)

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₹6.5 L/yr - ₹19.5 L/yr

Branch Manager Salary

(99 salaries)

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₹6 L/yr - ₹24 L/yr

Deputy Manager Salary

(10 salaries)

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₹9 L/yr - ₹16 L/yr

Chief Manager Salary

(154 salaries)

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₹12 L/yr - ₹42 L/yr

Credit Analyst Salary

(4 salaries)

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₹14 L/yr - ₹20 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

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₹82.1 L/yr - ₹90.7 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

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₹13.5 L/yr - ₹17.3 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

Unlock

₹0.2 L/yr - ₹0.2 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Salary related reviews for Union Bank of India

2.3

Rated by 12 employees for salary & benefits

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

Assistant Manager in Bangalore / Bengaluru

Full Time

Other Department

1.0

• posted on 14 Nov 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...or each others, no work life balance, very old system, very old infra structure. Salary is less compared to corporate, manager and others will behave like there the owners of the bank.

Salary - Poor

+5 more

Manager in Tiruchirappalli

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 11 Jun 2024

4.0

for Salary and Benefits

Likes

Working with lots of coworkers. Sufficient salary.

Salary - Good

+1 more

Dislikes

Time taken by the respective department to respond to the field functionary’s concern. No real solutions arrived through discussion. Keeping important things pending.

Skill development - Poor

+2 more

Assistant Manager in Guwahati

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 01 Jul 2024

3.0

for Salary and Benefits

Likes

The Pay is Okay but not at par with other Government jobs. Bank Management and Bank Unions control the Banks Operations. Chaploosis are always favoured by Management and Unions. So becoming a Chaploos is the main skill needed to survive here.

Dislikes

Bank Management pressurizes staff to achieve unrealistic targets. Officers are humiliated in regular Video Conferences. Many Officers have committed suicides in the last FY. Officers can be transferred anywhere in India and Management doesn't care about staffs families.

Work satisfaction - Bad

+2 more

Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Jul 2023

3.0

for Salary and Benefits

Likes

Salary and allowances will be on time. Easy to get loans on self name.

Dislikes

These days banking jobs became much stressful and hectic with no personal life. Young generation please don't come banking side anymore.

Promotions - Poor

+3 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Union Bank of India Credit Manager Salary FAQs

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

Credit Manager salary at Union Bank of India in India ranges between ₹6.6 Lakhs to ₹20.0 Lakhs for experience between 6 years to 11 years. According to our estimates it is 99% more than the average Credit Manager Salary in India. Salary estimates are based on 39 latest salaries received from various employees of Union Bank of India India.

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

The average salary of a Credit Manager at Union Bank of India is 99% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

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

Barclays Credit Manager Salary - ₹11.2 Lakhs to ₹27.0 Lakhs per year
State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
Canara Bank Credit Manager Salary - ₹11.1 Lakhs to ₹26.0 Lakhs per year
IDBI Bank Credit Manager Salary - ₹8.0 Lakhs to ₹28.9 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year

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

Punjab National Bank Credit Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
Indian Overseas Bank Credit Manager Salary - ₹11.0 Lakhs to ₹17.0 Lakhs per year
NatWest Group Credit Manager Salary - ₹11.5 Lakhs to ₹22.6 Lakhs per year
Sberbank Branch in India Credit Manager Salary - ₹13.5 Lakhs to ₹14.0 Lakhs per year
Standard Chartered Credit Manager Salary - ₹7.0 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Union Bank of India ranges between ₹1,06,062 per month to ₹1,08,979 per month in India. The take-home salary calculation is based on the average Union Bank of India Credit Manager salary in India which ranges between ₹6.6 Lakhs to ₹20.0 Lakhs per year for employees with experience between 6 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 93% of the Union Bank of India Credit Managers reported a notice period of 3 Months, 3% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Union Bank of India Credit Manager Salaries

Union Bank of India Credit Manager salary in India ranges between ₹6.6 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 39 Union Bank of India latest salaries received from various employees of Union Bank of India.