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

45% 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 - ₹20.8 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)	₹19.2 L/yr - ₹27.5 L/yr

Last Updated: 22 Mar 2025

Companies similar to Union Bank of India for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (389 salaries)	₹7 L/yr - ₹16 L/yr 38% less
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (325 salaries)	₹7 L/yr - ₹22.5 L/yr 28% less	1 job opening
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ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (165 salaries)	₹7 L/yr - ₹22.8 L/yr 26% less
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (121 salaries)	₹7 L/yr - ₹22.9 L/yr 25% less
IDFC FIRST Bank Senior Manager Credit Salary 2 - 12 years exp. (81 salaries)	₹6.3 L/yr - ₹16 L/yr 45% less
Punjab National Bank Senior Manager Credit Salary 5 - 11 years exp. (64 salaries)	₹10.4 L/yr - ₹32 L/yr 18% more
Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (47 salaries)	₹12 L/yr - ₹28 L/yr 4% more
Bank of India Senior Manager Credit Salary 8 - 12 years exp. (28 salaries)	₹11 L/yr - ₹25 L/yr 8% less
Canara Bank Senior Manager Credit Salary 6 - 13 years exp. (27 salaries)	₹16 L/yr - ₹35 L/yr 15% more
Standard Chartered Senior Manager Credit Salary 4 - 12 years exp. (21 salaries)	₹10.4 L/yr - ₹33.4 L/yr 10% more
IndusInd Bank Senior Manager Credit Salary 3 - 12 years exp. (20 salaries)	₹8 L/yr - ₹23.5 L/yr 33% less
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Indian Bank Senior Manager Credit Salary 5 - 13 years exp. (19 salaries)	₹14.2 L/yr - ₹21.5 L/yr 9% less
Bandhan Bank Senior Manager Credit Salary 5 - 9 years exp. (15 salaries)	₹8.8 L/yr - ₹20.9 L/yr 25% less
Central Bank of India Senior Manager Credit Salary 10 - 15 years exp. (6 salaries)	₹14.5 L/yr - ₹22 L/yr 9% less
IDBI Bank Senior Manager Credit Salary 6 - 12 years exp. (5 salaries)	₹14 L/yr - ₹18 L/yr 19% less
Indian Overseas Bank Senior Manager Credit Salary 10 - 12 years exp. (5 salaries)	₹17 L/yr - ₹21 L/yr 6% less
State Bank of India Senior Manager Credit Salary 8 - 13 years exp. (5 salaries)	₹14 L/yr - ₹23 L/yr 17% less
Allahabad Bank Senior Manager Credit Salary 7 - 9 years exp. (4 salaries)	₹15.3 L/yr - ₹16.5 L/yr 22% less
Sberbank Branch in India Senior Manager Credit Salary 7 - 9 years exp. (3 salaries)	₹22.5 L/yr - ₹40 L/yr 41% 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: 22 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹33.3 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 - ₹37.2 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

₹

Lakhs/yr

7 - 14 years exp.

Assistant General Manager

₹

Lakhs/yr

16 - 31 years exp.

Senior Manager Credit 7 - 14 years exp.

Chief Manager 10 - 17 years exp.

45% hike

Assistant General Manager 16 - 31 years exp.

6% hike

From

View 1 more level

Senior Manager Credit

7 - 14 years exp.

Faculty Member

Salary unavailable

From

Senior Manager Credit

7 - 14 years exp.

Chief Credit Manager

11 - 11 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 Union Bank of India

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(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Credit Manager Salary

(39 salaries)

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(10 salaries)

₹9 L/yr - ₹16 L/yr

Chief Manager Salary

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₹12 L/yr - ₹42 L/yr

Branch Manager Salary

(97 salaries)

₹7 L/yr - ₹24 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Credit Analyst Salary

(4 salaries)

₹14 L/yr - ₹20 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Salary related reviews for Union Bank of India

2.3

Rated by 10 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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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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 ?

The average salary of a Senior Manager Credit at Union Bank of India in India typically ranges from ₹11.0 Lakhs to ₹28.5 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Senior Manager Credit at Union Bank of India earn more than ₹25.7 Lakhs per year, and the top 1% earn over ₹28.5 Lakhs per year. Senior Manager Credit Salaries at Union Bank of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 40+ Union Bank of India employees in India.

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 in India typically ranges from ₹1,31,884 to ₹1,36,710 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹28.5 Lakhs per year for employees with experience ranging from 7 years to 14 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 40+ salaries received from various employees of Union Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Union Bank of India for Senior Manager Credit in India?

Sberbank Branch in India	₹22.5 Lakhs to ₹40.0 Lakhs per year
Punjab National Bank	₹10.4 Lakhs to ₹32.0 Lakhs per year
Canara Bank	₹16.0 Lakhs to ₹35.0 Lakhs per year
Standard Chartered	₹10.4 Lakhs to ₹33.4 Lakhs per year
Bank of Baroda	₹12.0 Lakhs to ₹28.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Union Bank of India, depending on the role and experience level.

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

The salary of a Senior Manager Credit at companies similar to Union Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indian Overseas Bank	₹17.0 Lakhs to ₹21.0 Lakhs per year
Bank of India	₹11.0 Lakhs to ₹25.0 Lakhs per year
Indian Bank	₹14.2 Lakhs to ₹21.5 Lakhs per year
Central Bank of India	₹14.5 Lakhs to ₹22.0 Lakhs per year
State Bank of India	₹14.0 Lakhs to ₹23.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Manager Credit at Union Bank of India in India?

The salary growth for a Senior Manager Credit at Union Bank of India depends on factors such as experience, performance, and promotions. On average, a Senior Manager Credit can expect the following growth trajectory at Union Bank of India:

Experience	Average Salary Range
7 years	₹11.0 Lakhs to ₹33.3 Lakhs per year
8 years	₹13.0 Lakhs to ₹25.0 Lakhs per year
9 years	₹11.0 Lakhs to ₹23.5 Lakhs per year
10 years	₹14.0 Lakhs to ₹28.5 Lakhs per year

and so on.

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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.