Union Bank of India Mumbai Credit Manager Salaries by 4 Employees (Updated 2025)

6 - 11 years exp.

₹10 Lakhs - ₹19 Lakhs

Salary of majority employees

93% more than the average Credit Manager Salary in Banking Companies for 6 - 11 years of experience

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Last Updated: 12 Jun 2023

Companies similar to Union Bank of India for Credit Manager in Mumbai

Union Bank of India Credit Manager Salary

6 - 11 years exp. (4 salaries)

₹10 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Manager Salary 12 - 14 years exp. (6 salaries)	₹12 L/yr - ₹27 L/yr 30% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (445 salaries)	₹4 L/yr - ₹14 L/yr 44% less	3 job openings
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (563 salaries)	₹4.3 L/yr - ₹15.2 L/yr 36% less	1 job opening
Axis Bank Credit Manager Salary 0 - 12 years exp. (144 salaries)	₹3.6 L/yr - ₹14.9 L/yr 43% less
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (243 salaries)	₹3.6 L/yr - ₹14 L/yr 44% less
Punjab National Bank Credit Manager Salary 4 - 9 years exp. (14 salaries)	₹10 L/yr - ₹20 L/yr 3% more
Bank of Baroda Credit Manager Salary 4 - 12 years exp. (26 salaries)	₹8 L/yr - ₹22 L/yr 6% more
Canara Bank Credit Manager Salary 7 - 12 years exp. (4 salaries)	₹13 L/yr - ₹18.6 L/yr 14% more
IDBI Bank Credit Manager Salary 3 - 17 years exp. (12 salaries)	₹12 L/yr - ₹24.8 L/yr 23% more
Central Bank of India Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹11.4 L/yr - ₹16 L/yr 11% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (208 salaries)	₹3 L/yr - ₹13 L/yr 51% less
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Yes Bank Credit Manager Salary 0 - 10 years exp. (73 salaries)	₹4.6 L/yr - ₹14.1 L/yr 45% less
IndusInd Bank Credit Manager Salary 3 - 12 years exp. (34 salaries)	₹3.6 L/yr - ₹11 L/yr 50% less	6 job openings
Bank of India Credit Manager Salary 5 - 9 years exp. (7 salaries)	₹9 L/yr - ₹18 L/yr 18% less
Standard Chartered Credit Manager Salary 5 - 12 years exp. (6 salaries)	₹11 L/yr - ₹14.8 L/yr 16% less
Shinhan Bank Credit Manager Salary 6 - 11 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr 36% less
Indian Bank Credit Manager Salary 1 - 10 years exp. (4 salaries)	₹11 L/yr - ₹14 L/yr 21% less

Credit Manager salary at Union Bank of India ranges between ₹10 Lakhs to ₹19 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Credit Manager salaries in Mumbai

Last Updated: 12 Jun 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹19 L/yr
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8 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
9 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
10 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
11 years (AmbitionBox Estimate)	₹15 L/yr - ₹30 L/yr

View all

Similar Designation salaries in Union Bank of India

Chief Manager Salary

(67 salaries)

₹13 L/yr - ₹42 L/yr

Branch Manager Salary

(6 salaries)

₹10 L/yr - ₹18 L/yr

Credit Officer Salary

(3 salaries)

₹8.75 L/yr - ₹10.7 L/yr

Salary related reviews for Union Bank of India

2.6

Rated by 2 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.

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 .

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.

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.

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.

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.

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.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Union Bank of India Credit Manager Salary FAQs

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

Credit Manager salary at Union Bank of India in Mumbai ranges between ₹10.0 Lakhs to ₹19.0 Lakhs for experience between 6 years to 11 years. According to our estimates it is 93% more than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Union Bank of India Mumbai.

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

The average salary of a Credit Manager at Union Bank of India is 93% 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 Union Bank of India to a Credit Manager in Mumbai?

State Bank of India Credit Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
IDBI Bank Credit Manager Salary - ₹12.0 Lakhs to ₹24.8 Lakhs per year
Canara Bank Credit Manager Salary - ₹13.0 Lakhs to ₹18.6 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
Punjab National Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year

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

Central Bank of India Credit Manager Salary - ₹11.4 Lakhs to ₹16.0 Lakhs per year
Standard Chartered Credit Manager Salary - ₹11.0 Lakhs to ₹14.8 Lakhs per year
Bank of India Credit Manager Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year
Indian Bank Credit Manager Salary - ₹11.0 Lakhs to ₹14.0 Lakhs per year
Shinhan Bank Credit Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Union Bank of India ranges between ₹1,07,728 per month to ₹1,10,699 per month in Mumbai. The take-home salary calculation is based on the average Union Bank of India Credit Manager salary in India which ranges between ₹10.0 Lakhs to ₹19.0 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 in Mumbai?

According to AmbitionBox, 75% of the Union Bank of India Credit Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Union Bank of India Credit Manager Salaries in Mumbai

Union Bank of India Credit Manager salary in Mumbai ranges between ₹10 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Union Bank of India latest salaries received from various employees of Union Bank of India.