How much does a Credit Manager make?

Updated 25 Sep 2021
₹6L /yr
Average Base Pay

705 salaries

₹4L

Low

₹6L

Average

₹10L

High

No additional cash compensation has been reported for this role

The national average salary for Credit Manager is ₹6,23,291 per year in India. Filter by location to see Credit Manager salaries in your area. Salaries estimates are based on 705 salaries submitted anonymously to Glassdoor by Credit Manager employees.

Related Job Titles

Corporate Credit Manager

₹10,18,325

per year

View SalariesSee Open Jobs

Credit and Collections

₹16,943

per year

Credit and Collections Manager

₹65,000

per year

Regional Credit Manager

₹1,06,825

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

₹6,99,416

 /yr
Range: ₹2L - ₹79L
174 salaries
See 184 salaries from all locations

₹2L

₹79L

₹2,20,655 - ₹78,60,000 Range

HDFC Bank
3.6

HDFC Bank

Credit Manager

₹6,57,396

 /yr
Range: ₹2L - ₹23L

₹2L

₹23L

₹1,79,719 - ₹23,12,412 Range

Kotak Mahindra
3.6

Kotak Mahindra

Credit Manager

₹7,37,671

 /yr
Range: ₹5L - ₹15L

₹5L

₹15L

₹4,63,895 - ₹14,69,112 Range

IDFC First Bank
3.5

IDFC First Bank

Credit Manager

₹6,35,493

 /yr
Range: ₹3L - ₹16L

₹3L

₹16L

₹2,97,600 - ₹15,94,585 Range

Indiabulls
3.2

Indiabulls

Credit Manager

₹5,48,361

 /yr
Range: ₹3L - ₹9L

₹3L

₹9L

₹3,06,651 - ₹8,92,354 Range

HDB Financial Services
3.6

HDB Financial Services

Credit Manager

₹4,26,818

 /yr
Range: ₹3L - ₹7L

₹3L

₹7L

₹2,60,093 - ₹6,62,366 Range

Bajaj Finance
3.6

Bajaj Finance

Credit Manager

₹5,00,000

 /yr
Range: ₹2L - ₹7L

₹2L

₹7L

₹2,36,400 - ₹6,79,889 Range

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Axis Bank
3.5

Axis Bank

Credit Manager

₹8,22,090

 /yr
Range: ₹2L - ₹21L

₹2L

₹21L

₹2,46,627 - ₹20,91,552 Range

Bank of Baroda
3.6

Bank of Baroda

Credit Manager - Monthly

₹71,151

 /mo
Range: ₹38T - ₹2L

₹38T

₹2L

₹37,745 - ₹1,54,923 Range

AU Small Finance Bank
3.4

AU Small Finance Bank

Credit Manager

₹5,49,000

 /yr
Range: ₹4L - ₹8L

₹4L

₹8L

₹4,27,696 - ₹7,64,875 Range

Edelweiss Financial Services
3.7

Edelweiss Financial Services

Credit Manager

₹6,74,605

 /yr
Range: ₹4L - ₹74L

₹4L

₹74L

₹3,77,772 - ₹74,36,287 Range

Bandhan Bank
3.3

Bandhan Bank

Credit Manager

₹4,73,851

 /yr
Range: ₹4L - ₹36L

₹4L

₹36L

₹3,94,603 - ₹36,05,995 Range

Yes Bank
3.8

Yes Bank

Credit Manager - Monthly

₹52,463

 /mo
Range: ₹23T - ₹8L

₹23T

₹8L

₹22,797 - ₹7,90,694 Range

Bank of India
3.7

Bank of India

Credit Manager

₹9,96,116

 /yr
Range: ₹6L - ₹17L

₹6L

₹17L

₹5,52,000 - ₹17,44,015 Range

IndusInd Bank
3.3

IndusInd Bank

Credit Manager

₹8,58,033

 /yr
Range: ₹4L - ₹15L

₹4L

₹15L

₹4,08,629 - ₹15,40,756 Range

Union Bank of India
4

Union Bank of India

Credit Manager

₹11,09,208

 /yr
Range: ₹7L - ₹13L

₹7L

₹13L

₹7,07,149 - ₹12,90,151 Range

Karur Vysya Bank
3.5

Karur Vysya Bank

Credit Manager

₹9,68,364

 /yr
Range: ₹5L - ₹14L

₹5L

₹14L

₹4,96,331 - ₹14,00,000 Range

Tata Capital
3.7

Tata Capital

Credit Manager

₹9,27,859

 /yr
Range: ₹6L - ₹13L

₹6L

₹13L

₹6,05,146 - ₹13,47,079 Range

Fullerton Financial Holdings
4.1

Fullerton Financial Holdings

Credit Manager

₹8,52,199

 /yr
Range: ₹3L - ₹52L

₹3L

₹52L

₹3,34,851 - ₹52,23,536 Range

DHFL
3.7

DHFL

Credit Manager - Monthly

₹62,126

 /mo
Range: ₹40T - ₹81T

₹40T

₹81T

₹39,585 - ₹80,560 Range

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Frequently asked questions about a Credit Manager salaries

The national average salary for a Credit Manager is ₹6,23,291 per year in India. Filter by location to see a Credit Manager salaries in your area. Salaries estimates are based on 705 salaries submitted anonymously to Glassdoor by a Credit Manager employees.

The highest salary for a Credit Manager in India is ₹10,41,430 per year.

The lowest salary for a Credit Manager in India is ₹3,88,267 per year.

Recent Salary Reports

Below are the most recent credit manager salary reports. Employer name has been removed to protect anonymity.

₹4,98,000
per year
A Credit Manager in the New Delhi Area area reported making ₹4,98,000 per year
Job Highlights
5-7 years experience
New Delhi Area area
Full-time
 
1001 to 5000 employees
Company - Public
₹17,200
monthly
A Credit Manager in the Lucknow Area area reported making ₹17,200 per month
Job Highlights
5-7 years experience
Lucknow Area area
Full-time
 
10000+ employees
Company - Private
₹9,50,000
per year
An ENO, Credit Suisse in the Pune Area area reported making ₹9,50,000 per year
Job Highlights
5-7 years experience
Pune Area area
Full-time
 
10000+ employees
Company - Public
₹6,50,000
per year
A Credit Manager in the Mumbai Area area reported making ₹6,50,000 per year
Additional Pay
₹40k cash bonus
Job Highlights
3-4 years experience
Mumbai Area area
Full-time
 
10000+ employees
Company - Public
₹6,00,000
per year
A Credit Manager in the Chennai Area area reported making ₹6,00,000 per year
Job Highlights
1-2 years experience
Chennai Area area
Full-time
 
10000+ employees
Company - Public
₹6,26,000
per year
A Credit Controller in the Mumbai Area area reported making ₹6,26,000 per year
Job Highlights
5-7 years experience
Mumbai Area area
Full-time
 
10000+ employees
Company - Private
₹1,40,000
monthly
A Regional Credit Manager in the Hyderabad Area area reported making ₹1,40,000 per month
Job Highlights
10+ years experience
Hyderabad Area area
Full-time
 
10000+ employees
Company - Public
₹4,00,000
per year
A Branch Credit Manager in the Mumbai Area area reported making ₹4,00,000 per year
Additional Pay
₹40k cash bonus
Job Highlights
1-2 years experience
Mumbai Area area
Full-time
 
10000+ employees
Company - Public
₹14,00,000
per year
A Credit Suisse ENO in the Pune Area area reported making ₹14,00,000 per year
Job Highlights
5-7 years experience
Pune Area area
Full-time
 
10000+ employees
Company - Public