Union Bank of India Senior Manager Credit Salaries by 40+ Employees (Updated 2025)

7 - 14 years exp.

₹11 Lakhs - ₹28.5 Lakhs

Salary of majority employees

55% more than the average Senior Manager Credit Salary in Banking Companies for 7 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 7 - 14 years exp. (18 salaries)	₹11 L/yr - ₹28.5 L/yr
Finance & Accounting Senior Manager Credit Salary 8 - 14 years exp. (10 salaries)	₹14 L/yr - ₹26 L/yr
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Sales & Business Development Senior Manager Credit Salary 8 - 12 years exp. (3 salaries)	₹14 L/yr - ₹20.6 L/yr
Data Science & Analytics Senior Manager Credit Salary 9 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹23.5 L/yr
Risk Management & Compliance Senior Manager Credit Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹21.8 L/yr - ₹27.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to Union Bank of India for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Manager Credit Salary 8 - 13 years exp. (5 salaries)	₹14 L/yr - ₹23 L/yr 22% less
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (160 salaries)	₹7 L/yr - ₹22.8 L/yr 31% less
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HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (327 salaries)	₹7.8 L/yr - ₹21 L/yr 35% less	1 job opening
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (120 salaries)	₹10 L/yr - ₹26.9 L/yr 24% less
Punjab National Bank Senior Manager Credit Salary 5 - 11 years exp. (64 salaries)	₹10.4 L/yr - ₹32 L/yr 11% more
Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (48 salaries)	₹12 L/yr - ₹28 L/yr 4% less
Canara Bank Senior Manager Credit Salary 6 - 13 years exp. (27 salaries)	₹16 L/yr - ₹35 L/yr 9% more
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (365 salaries)	₹6.5 L/yr - ₹16 L/yr 41% less
IndusInd Bank Senior Manager Credit Salary 3 - 12 years exp. (20 salaries)	₹8 L/yr - ₹23.5 L/yr 37% less
Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (186 salaries)	₹8.3 L/yr - ₹17 L/yr 40% less
IDFC FIRST Bank Senior Manager Credit Salary 3 - 12 years exp. (81 salaries)	₹6.3 L/yr - ₹18.1 L/yr 47% less
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Bank of India Senior Manager Credit Salary 8 - 12 years exp. (28 salaries)	₹11 L/yr - ₹25 L/yr 13% less
Standard Chartered Senior Manager Credit Salary 4 - 12 years exp. (21 salaries)	₹10.4 L/yr - ₹33.4 L/yr 3% more
Indian Bank Senior Manager Credit Salary 5 - 13 years exp. (18 salaries)	₹14.5 L/yr - ₹23.5 L/yr 12% less
Bandhan Bank Senior Manager Credit Salary 5 - 9 years exp. (15 salaries)	₹8.8 L/yr - ₹20.9 L/yr 29% less
Central Bank of India Senior Manager Credit Salary 10 - 15 years exp. (6 salaries)	₹14.5 L/yr - ₹22 L/yr 15% less
IDBI Bank Senior Manager Credit Salary 6 - 12 years exp. (5 salaries)	₹14 L/yr - ₹18 L/yr 24% less
Indian Overseas Bank Senior Manager Credit Salary 10 - 12 years exp. (5 salaries)	₹17 L/yr - ₹21 L/yr 11% less
Allahabad Bank Senior Manager Credit Salary 7 - 9 years exp. (4 salaries)	₹15.3 L/yr - ₹16.5 L/yr 26% less
Sberbank Branch in India Senior Manager Credit Salary 7 - 9 years exp. (3 salaries)	₹22.5 L/yr - ₹40 L/yr 33% more

Senior Manager Credit salary at Union Bank of India ranges between ₹11 Lakhs to ₹28.5 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 48 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Senior Manager Credit salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹35.6 L/yr
8 years (11 salaries)	₹13 L/yr - ₹25 L/yr
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9 years (7 salaries)	₹11 L/yr - ₹23.5 L/yr
10 years (14 salaries)	₹14 L/yr - ₹28.5 L/yr
11 years (4 salaries)	₹16 L/yr - ₹27.5 L/yr
12 years (3 salaries)	₹16 L/yr - ₹39.4 L/yr
13 years (4 salaries)	₹21 L/yr - ₹26 L/yr
14 years (4 salaries)	₹17.5 L/yr - ₹25 L/yr

View all

From

Senior Manager Credit

7 - 14 years exp.

Chief Credit Manager

₹

Lakhs/yr

11 - 11 years exp.

From

1 more level

Senior Manager Credit

7 - 14 years exp.

Assistant General Manager

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

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Senior Credit Officer Salary

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Credit Underwriter Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Credit Analyst Salary

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(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Union Bank of India

2.4

Rated by 9 employees for salary & benefits

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

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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Union Bank of India Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at Union Bank of India in India ranges between ₹11.0 Lakhs to ₹28.5 Lakhs for experience between 7 years to 14 years. According to our estimates it is 55% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 48 latest salaries received from various employees of Union Bank of India India.

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

The average salary of a Senior Manager Credit at Union Bank of India is 55% more than the average salary of a Senior 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 Senior Manager Credit in India?

Sberbank Branch in India Senior Manager Credit Salary - ₹22.5 Lakhs to ₹40.0 Lakhs per year
Punjab National Bank Senior Manager Credit Salary - ₹10.4 Lakhs to ₹32.0 Lakhs per year
Canara Bank Senior Manager Credit Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹33.4 Lakhs per year

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

Bank of Baroda Senior Manager Credit Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
Indian Overseas Bank Senior Manager Credit Salary - ₹17.0 Lakhs to ₹21.0 Lakhs per year
Indian Bank Senior Manager Credit Salary - ₹14.5 Lakhs to ₹23.5 Lakhs per year
Bank of India Senior Manager Credit Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
Central Bank of India Senior Manager Credit Salary - ₹14.5 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Union Bank of India ranges between ₹1,38,521 per month to ₹1,43,648 per month in India. The take-home salary calculation is based on the average Union Bank of India Senior Manager Credit salary in India which ranges between ₹11.0 Lakhs to ₹28.5 Lakhs per year for employees with experience between 7 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 79% of the Union Bank of India Senior Manager Credits reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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Union Bank of India Senior Manager Credit Salaries by Location

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Union Bank of India Senior Manager Credit Salaries

Union Bank of India Senior Manager Credit salary in India ranges between ₹11 Lakhs to ₹28.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 Union Bank of India latest salaries received from various employees of Union Bank of India.