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Credit Manager Salaries in India

Updated 23 May 2022
₹6,95,822 /yr
Average Base Pay

990 salaries

₹4L

Low

₹14L

High

Additional Cash Compensation
Average₹99,522Range₹25,850 - ₹2,48,926

The estimated total pay for a Credit Manager is ₹7,95,344 per year in the India area, with an average salary of ₹6,95,822 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is ₹99,522 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

What are some related job titles for a Credit Manager?

Corporate Credit Manager

₹10,23,026

per year

View SalariesSee Open Jobs

Credit and Collections

₹17,022

per year

Credit and Collections Manager

₹14,31,601

per year

Regional Credit Manager

₹1,04,099

per year

Salaries in India

Location

or

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Company

Average Base Salary in (INR)

Range

ICICI Bank
3.6

ICICI Bank

Credit Manager

₹7,04,372

 /yr
Range: ₹2L - ₹92L
221 salaries
See 232 salaries from all locations

₹2L

₹92L

₹2,21,673 - ₹91,90,716 Range

HDFC Bank
3.7

HDFC Bank

Credit Manager

₹6,43,361

 /yr
Range: ₹2L - ₹23L

₹2L

₹23L

₹1,80,548 - ₹23,23,086 Range

Kotak Mahindra
3.7

Kotak Mahindra

Credit Manager

₹7,10,619

 /yr
Range: ₹3L - ₹15L

₹3L

₹15L

₹3,09,013 - ₹14,75,894 Range

IDFC First Bank
3.5

IDFC First Bank

Credit Manager

₹6,38,426

 /yr
Range: ₹3L - ₹16L

₹3L

₹16L

₹3,00,502 - ₹16,01,946 Range

Bajaj Finance
4.1

Bajaj Finance

Credit Manager

₹5,06,519

 /yr
Range: ₹2L - ₹7L

₹2L

₹7L

₹2,38,705 - ₹7,39,360 Range

HDB Financial Services
3.6

HDB Financial Services

Credit Manager

₹4,34,786

 /yr
Range: ₹3L - ₹8L

₹3L

₹8L

₹2,61,293 - ₹7,80,000 Range

Axis Bank
3.8

Axis Bank

Credit Manager

₹7,88,579

 /yr
Range: ₹4L - ₹15L

₹4L

₹15L

₹4,29,671 - ₹15,00,000 Range

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Indiabulls
3.2

Indiabulls

Credit Manager

₹5,42,506

 /yr
Range: ₹3L - ₹9L

₹3L

₹9L

₹3,08,067 - ₹8,96,473 Range

AU Small Finance Bank
4.3

AU Small Finance Bank

Credit Manager

₹5,50,000

 /yr
Range: ₹4L - ₹8L

₹4L

₹8L

₹4,29,671 - ₹7,68,406 Range

Bank of Baroda
3.6

Bank of Baroda

Credit Manager - Monthly

₹85,126

 /mo
Range: ₹38T - ₹2L

₹38T

₹2L

₹37,919 - ₹1,55,638 Range

Bandhan Bank
3.4

Bandhan Bank

Credit Manager

₹4,76,038

 /yr
Range: ₹4L - ₹36L

₹4L

₹36L

₹3,60,000 - ₹36,22,640 Range

IndusInd Bank
3.4

IndusInd Bank

Credit Manager - Monthly

₹63,662

 /mo
Range: ₹25T - ₹1L

₹25T

₹1L

₹24,762 - ₹1,28,989 Range

Tata Capital
3.8

Tata Capital

Credit Manager

₹7,56,062

 /yr
Range: ₹3L - ₹14L

₹3L

₹14L

₹3,00,000 - ₹13,53,297 Range

Yes Bank
3.9

Yes Bank

Credit Manager

₹7,23,806

 /yr
Range: ₹3L - ₹95L

₹3L

₹95L

₹2,74,821 - ₹95,32,123 Range

Edelweiss Financial Services
3.8

Edelweiss Financial Services

Credit Manager

₹6,77,746

 /yr
Range: ₹4L - ₹75L

₹4L

₹75L

₹3,79,515 - ₹74,70,613 Range

Fullerton Financial Holdings
3.9

Fullerton Financial Holdings

Credit Manager

₹7,90,657

 /yr
Range: ₹2L - ₹52L

₹2L

₹52L

₹1,92,000 - ₹52,47,648 Range

Bank of India
3.7

Bank of India

Credit Manager - Monthly

₹83,850

 /mo
Range: ₹47T - ₹1L

₹47T

₹1L

₹46,638 - ₹1,46,005 Range

State Bank of India
3.8

State Bank of India

Credit Manager

₹13,40,147

 /yr
Range: ₹2L - ₹34L

₹2L

₹34L

₹2,23,050 - ₹33,75,000 Range

Union Bank of India
4.0

Union Bank of India

Credit Manager

₹10,95,568

 /yr
Range: ₹6L - ₹13L

₹6L

₹13L

₹6,21,018 - ₹12,96,106 Range

PNB Housing Finance
3.5

PNB Housing Finance

Credit Manager

₹8,90,536

 /yr
Range: ₹4L - ₹10L

₹4L

₹10L

₹3,88,364 - ₹10,46,237 Range

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Frequently asked questions about a Credit Manager salaries

The national average salary for a Credit Manager is ₹6,95,822 per year in India. Filter by location to see a Credit Manager salaries in your area. Salaries estimates are based on 990 salaries submitted anonymously to Glassdoor by a Credit Manager employees.

The highest salary for a Credit Manager in India is ₹13,94,033 per year.

The lowest salary for a Credit Manager in India is ₹4,26,312 per year.