Union Bank of India Mumbai Senior Manager Credit Salaries by 10 Employees (Updated 2025)

8 - 14 years exp.

₹11 Lakhs - ₹27.5 Lakhs

Salary of majority employees

59% more than the average Senior Manager Credit Salary in Banking Companies for 8 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 9 - 14 years exp. (4 salaries)	₹11 L/yr - ₹25 L/yr
Risk Management & Compliance Senior Manager Credit Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹24 L/yr - ₹27.5 L/yr
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Data Science & Analytics Senior Manager Credit Salary 9 years exp. (AmbitionBox Estimate)	₹23.5 L/yr - ₹25.6 L/yr

Last Updated: 4 Mar 2024

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

Union Bank of India Senior Manager Credit Salary

8 - 14 years exp. (10 salaries)

₹11 L/yr - ₹27.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (32 salaries)	₹11 L/yr - ₹21.5 L/yr 32% less
HDFC Bank Senior Manager Credit Salary 4 - 11 years exp. (37 salaries)	₹9 L/yr - ₹20 L/yr 36% less	1 job opening
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Axis Bank Senior Manager Credit Salary 6 - 14 years exp. (19 salaries)	₹10 L/yr - ₹26.9 L/yr 16% less
Punjab National Bank Senior Manager Credit Salary 5 - 12 years exp. (8 salaries)	₹13 L/yr - ₹28 L/yr 13% more
Bank of Baroda Senior Manager Credit Salary 8 - 13 years exp. (11 salaries)	₹12.5 L/yr - ₹25 L/yr 12% less
Canara Bank Senior Manager Credit Salary 7 - 11 years exp. (4 salaries)	₹18 L/yr - ₹24 L/yr At par
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 11 years exp. (71 salaries)	₹7 L/yr - ₹15.5 L/yr 44% less
Yes Bank Senior Manager Credit Salary 4 - 12 years exp. (30 salaries)	₹8.8 L/yr - ₹17 L/yr 41% less
IDFC FIRST Bank Senior Manager Credit Salary 5 - 12 years exp. (10 salaries)	₹9.4 L/yr - ₹13.5 L/yr 50% less
Standard Chartered Senior Manager Credit Salary 4 - 10 years exp. (7 salaries)	₹10.4 L/yr - ₹19.4 L/yr 16% less

Senior Manager Credit salary at Union Bank of India ranges between ₹11 Lakhs to ₹27.5 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 10 latest salaries received from various employees of Union Bank of India.

Experience wise Union Bank of India Senior Manager Credit salaries in Mumbai

Last Updated: 4 Mar 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹25 L/yr
9 years (AmbitionBox Estimate)	₹11 L/yr - ₹23.5 L/yr
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10 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹26 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹27.5 L/yr
12 years (AmbitionBox Estimate)	₹20 L/yr - ₹41.6 L/yr
13 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹25 L/yr
14 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹25 L/yr

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From

Senior Manager Credit

6 - 14 years exp.

Chief Credit Manager

₹

Lakhs/yr

11 - 11 years exp.

From

1 more level

Senior Manager Credit

6 - 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

Chief Manager Salary

(66 salaries)

₹13 L/yr - ₹42 L/yr

Branch Manager Salary

(11 salaries)

₹8 L/yr - ₹22.5 L/yr

Credit Manager Salary

(4 salaries)

₹10 L/yr - ₹19 L/yr

Salary related reviews for Union Bank of India

1.6

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.

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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Union Bank of India Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at Union Bank of India in Mumbai ranges between ₹11.0 Lakhs to ₹27.5 Lakhs for experience between 8 years to 14 years. According to our estimates it is 59% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Union Bank of India Mumbai.

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

The average salary of a Senior Manager Credit at Union Bank of India is 59% more than the average salary of a Senior Manager Credit in Mumbai. 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 Mumbai?

Punjab National Bank Senior Manager Credit Salary - ₹13.0 Lakhs to ₹28.0 Lakhs per year
Canara Bank Senior Manager Credit Salary - ₹18.0 Lakhs to ₹24.0 Lakhs per year

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

Bank of Baroda Senior Manager Credit Salary - ₹12.5 Lakhs to ₹25.0 Lakhs per year
Axis Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹26.9 Lakhs per year
Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹19.4 Lakhs per year
ICICI Bank Senior Manager Credit Salary - ₹11.0 Lakhs to ₹21.5 Lakhs per year
HDFC Bank Senior Manager Credit Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Union Bank of India ranges between ₹1,43,808 per month to ₹1,49,174 per month in Mumbai. 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 ₹27.5 Lakhs per year for employees with experience between 8 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 in Mumbai?

According to AmbitionBox, 60% of the Union Bank of India Senior Manager Credits in Mumbai reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Union Bank of India Senior Manager Credit Salaries in Mumbai

Union Bank of India Senior Manager Credit salary in Mumbai ranges between ₹11 Lakhs to ₹27.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Union Bank of India latest salaries received from various employees of Union Bank of India.