Utkarsh Small Finance Bank Mumbai Credit Manager Salaries by 10+ Employees (Updated 2025)

3 - 9 years exp.

₹3.9 Lakhs - ₹7.6 Lakhs

Salary of majority employees

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32% less than the average Credit Manager Salary in Banking Companies for 3 - 9 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting Credit Manager Salary 3 - 9 years exp. (8 salaries)	Unlock ₹3.9 L/yr - ₹7.6 L/yr
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BFSI, Investments & Trading Credit Manager Salary 4 - 6 years exp. (3 salaries)	Unlock ₹4.9 L/yr - ₹6 L/yr

Last Updated: 27 Jan 2025

Companies similar to Utkarsh Small Finance Bank for Credit Manager in Mumbai

Utkarsh Small Finance Bank Credit Manager Salary

3 - 9 years exp. (12 salaries)

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₹3.9 L/yr - ₹7.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (453 salaries)	Unlock ₹4 L/yr - ₹15 L/yr 68% more	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (560 salaries)	Unlock ₹4 L/yr - ₹17.4 L/yr 79% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (148 salaries)	Unlock ₹4 L/yr - ₹15.3 L/yr 69% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (237 salaries)	Unlock ₹3.7 L/yr - ₹13 L/yr 50% more
Yes Bank Credit Manager Salary 0 - 10 years exp. (74 salaries)	Unlock ₹4.6 L/yr - ₹14 L/yr 54% more	1 job opening
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (211 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 42% more
AU Small Finance Bank Credit Manager Salary 0 - 11 years exp. (36 salaries)	Unlock ₹4.1 L/yr - ₹10 L/yr 21% more
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (35 salaries)	Unlock ₹3.6 L/yr - ₹11 L/yr 33% more	1 job opening
Federal Bank Credit Manager Salary 2 - 12 years exp. (33 salaries)	Unlock ₹11 L/yr - ₹20 L/yr 185% more
RBL Bank Credit Manager Salary 2 - 10 years exp. (26 salaries)	Unlock ₹3 L/yr - ₹11.7 L/yr 42% more
IDBI Bank Credit Manager Salary 2 - 17 years exp. (13 salaries)	Unlock ₹12 L/yr - ₹28.9 L/yr 252% more
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Muthoot Finance Credit Manager Salary 0 - 12 years exp. (12 salaries)	Unlock ₹3.5 L/yr - ₹6 L/yr 14% less	1 job opening
Jana Small Finance Bank Credit Manager Salary 2 - 10 years exp. (9 salaries)	Unlock ₹2.4 L/yr - ₹9 L/yr 10% more
Karur Vysya Bank Credit Manager Salary 4 - 11 years exp. (9 salaries)	Unlock ₹7 L/yr - ₹16 L/yr 87% more
The Saraswat Co-operative Bank Credit Manager Salary 1 - 12 years exp. (7 salaries)	Unlock ₹7 L/yr - ₹11.5 L/yr 65% more
Central Bank of India Credit Manager Salary 2 - 7 years exp. (5 salaries)	Unlock ₹11.4 L/yr - ₹16 L/yr 153% more
Canara Bank Credit Manager Salary 7 - 12 years exp. (4 salaries)	Unlock ₹13 L/yr - ₹19.4 L/yr 239% more
Equitas Small Finance Bank Credit Manager Salary 6 - 10 years exp. (4 salaries)	Unlock ₹5.4 L/yr - ₹11.6 L/yr 22% more	1 job opening
Union Bank of India Credit Manager Salary 6 - 11 years exp. (4 salaries)	Unlock ₹10 L/yr - ₹19 L/yr 183% more

Credit Manager salary at Utkarsh Small Finance Bank ranges between ₹3.9 Lakhs to ₹7.6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 12 latest salaries received from various employees of Utkarsh Small Finance Bank.

Latest annual salaries shared by Utkarsh Small Finance Bank Credit Manager in Mumbai

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9 years exp.

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6 years exp.

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8 years exp.

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5 years exp.

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7 years exp.

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7 years exp.

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4 years exp.

Experience wise Utkarsh Small Finance Bank Credit Manager salaries in Mumbai

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹4.8 L/yr - ₹9.2 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹3.9 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹7.5 L/yr
8 years (3 salaries)	Unlock ₹5.5 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹11.6 L/yr

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Similar Designation salaries in Utkarsh Small Finance Bank

Deputy Manager Salary

(26 salaries)

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₹4.3 L/yr - ₹9.5 L/yr

Sales Manager Salary

(11 salaries)

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₹2.8 L/yr - ₹8 L/yr

Chief Manager Salary

(11 salaries)

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₹11 L/yr - ₹18.04 L/yr

Branch Manager Salary

(11 salaries)

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₹7.25 L/yr - ₹11.75 L/yr

Credit Analyst Salary

(8 salaries)

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₹4.5 L/yr - ₹17.29 L/yr

Top skills at Utkarsh Small Finance Bank for Credit Manager

Credit Appraisal Banking Credit Evaluation Team Coordination Credit Management Credit Underwriting Monitoring Business Loan Credit Underwriting Personal Loans Lap Home Loans Disbursement Credit Management Credit Appraisal

Salary related reviews for Utkarsh Small Finance Bank

4.0

Rated by 2 employees for salary & benefits

Credit Manager in New Delhi

BFSI, Investments & Trading Department

2.0

• posted on 12 Aug 2022

1.0

for Salary and Benefits

Likes

1. Being a fresher, the company has a lot to offer. New products are being launched as company is at growing stage.

Dislikes

...people mostly who are least interested in those activities, hence is a waste. 2. Low salary as compared to work being done, especially at prime location branches. 3. A lot of manual work, like A LOTTTT!

Salary - Bad

+2 more

Credit Manager in Patna Bihar

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 Nov 2020

3.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+2 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Assistant Vice President in Varanasi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 Dec 2024

3.0

for Salary and Benefits

Likes

Overall good management, Job security and growth prospects, decent transportation (HO), decent bonus and financial benefits

Job security - Good

+1 more

Dislikes

Old school, low priority on employees experience, low employees benefits like free meal and goodies, lack of process driven culture, strict working hours and mandatory work from office

Credit Officer in Pusad

Full Time

Finance & Accounting Department

3.0

• posted on 03 Nov 2024

2.0

for Salary and Benefits

Likes

My Branch total 7 days work holiday bank open sunday work salary firsht six month best salary but next six month salary is low insensitive not available clients emi self mannage bank total collection posting but od members cash self deposit I'm not satisfying in this bank

Dislikes

I'm not satisfied utkarsh small finance bank work time work 16 hours salary low

Salary - Poor

+5 more

Credit Officer in Rudrapur

Full Time

Finance & Accounting Department

5.0

• posted on 29 Aug 2024

5.0

for Salary and Benefits

Likes

According to Utkarsh Small Finance Bank, they offer a unique work-life balance culture that helps employees focus on their work and live a healthy, stress-free life. They also offer a variety of employee-centric activities to help employees unwind and maintain a holistic approach to work-life balance.

Salary - Excellent

+5 more

Dislikes

Low salary: Some say that the salary is low and not comparable to other banks. For example, one reviewer says that engineering graduates start at 9,000 rupees per month, which is considered shameful. No promotions: Some say that there are no opportunities for promotion, and that hard work is not appreciated. Politics: Some say that there is too much politics in the workplace, and that superiors are not supportive. Long hours: Some say that MB branches have late working hours and heavy workloads. No time management: Some say that there is no time management. Manual work: Some say that there is too much manual work. No digital features: Some say that the bank lacks digital features. Pressure: Some say that the job is stressful.

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Salary Discussions, Hike & Promotions

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an associate vice president

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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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Utkarsh Small Finance Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Utkarsh Small Finance Bank Mumbai?

Credit Manager salary at Utkarsh Small Finance Bank in Mumbai ranges between ₹3.9 Lakhs to ₹7.6 Lakhs for experience between 3 years to 9 years. According to our estimates it is 32% less than the average Credit Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Utkarsh Small Finance Bank Mumbai.

How does the salary of a Credit Manager at Utkarsh Small Finance Bank Mumbai compare with the average salary range for this job?

The average salary of a Credit Manager at Utkarsh Small Finance Bank is 32% less than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Utkarsh Small Finance Bank?

Credit Appraisal, Banking, Credit Evaluation, Team Coordination and Credit Management are some of the popular skills required to work as a Credit Manager at Utkarsh Small Finance Bank Mumbai.

Which similar companies are paying more than Utkarsh Small Finance Bank to a Credit Manager in Mumbai?

IDBI Bank Credit Manager Salary - ₹12.0 Lakhs to ₹28.9 Lakhs per year
Canara Bank Credit Manager Salary - ₹13.0 Lakhs to ₹19.4 Lakhs per year
Federal Bank Credit Manager Salary - ₹11.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹19.0 Lakhs per year
Central Bank of India Credit Manager Salary - ₹11.4 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Utkarsh Small Finance Bank in Mumbai?

Karur Vysya Bank Credit Manager Salary - ₹7.0 Lakhs to ₹16.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.4 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
The Saraswat Co-operative Bank Credit Manager Salary - ₹7.0 Lakhs to ₹11.5 Lakhs per year

What is the estimated take home salary of a Credit Manager at Utkarsh Small Finance Bank in Mumbai?

The estimated take-home salary of a Credit Manager at Utkarsh Small Finance Bank ranges between ₹41,652 per month to ₹42,792 per month in Mumbai. The take-home salary calculation is based on the average Utkarsh Small Finance Bank Credit Manager salary in India which ranges between ₹3.9 Lakhs to ₹7.6 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Utkarsh Small Finance Bank in Mumbai?

According to AmbitionBox, 93% of the Utkarsh Small Finance Bank Credit Managers in Mumbai reported a notice period of 3 Months, 7% reported a notice period of 15 days or less.This is based on 14 responses on AmbitionBox in last 2 years.

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Utkarsh Small Finance Bank Credit Manager Salaries in Mumbai

Utkarsh Small Finance Bank Credit Manager salary in Mumbai ranges between ₹3.9 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Utkarsh Small Finance Bank latest salaries received from various employees of Utkarsh Small Finance Bank.