Credit Manager

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Credit Manager Salary in Karnal (Updated 2025)

Based on 17 salaries • Updated: 9 Jul 2025
Select an experience to get the exact salary

Annual salary range

₹3.9 Lakhs - ₹10.9 Lakhs

Moderate Confidence
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Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Credit Manager Salary in Karnal ranges between ₹3.9 Lakhs to ₹10.9 Lakhs for 1 year of experience to 9 years of experience. Salary estimates are based on 17 latest salaries received from Credit Manager.
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Top Paying Companies for Credit Manager with 2 years exp

Company name Avg. annual salary Open Jobs
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Latest annual salaries shared by Credit Managers

1d ago

Kotak Mahindra Bank

Credit Manager

6 years exp.

₹7.1 Lakhs
1d ago

Bajaj Finserv

Credit Manager

6 years exp.

₹6 Lakhs
1d ago

Tata Capital

Credit Manager

4 years exp.

₹8 Lakhs
1d ago

IIFL Home Finance

Credit Manager

1 year exp.

₹4.5 Lakhs
2d ago

IDFC FIRST Bank

Credit Manager

9 years exp.

₹10 Lakhs
2d ago

DCB Bank

Credit Manager

8 years exp.

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2d ago

ICICI Bank

Credit Manager

2 years exp.

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2d ago

HDFC Credila Financial Services

Credit Manager

4 years exp.

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2d ago

indiagold

Credit Manager

4 years exp.

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2d ago

Navadhan CapitalI

Credit Manager

3 years exp.

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Credit Manager salaries by

Years of experience Avg. annual salary
1 year
(2 salaries)
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₹4 L/yr - ₹5 L/yr

2 years
(5 salaries)
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₹3.2 L/yr - ₹6.2 L/yr

3 years
(1 salaries)
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₹6.2 L/yr - ₹6.2 L/yr

4 years
(1 salaries)
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₹5.2 L/yr - ₹5.2 L/yr

5 years
(2 salaries)
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₹4.2 L/yr - ₹5.5 L/yr

6 years
(3 salaries)
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₹4.2 L/yr - ₹5.5 L/yr

7 years
(1 salaries)
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₹10.5 L/yr - ₹10.5 L/yr

8 years
(2 salaries)
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₹8.4 L/yr - ₹10.9 L/yr

9 years
(2 salaries)
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₹6.6 L/yr - ₹11.5 L/yr

View all salaries by experience

Similar Designation Salary

Similar Designation Avg. annual salary
Branch Manager Salary
4 - 17 years exp.
(48 salaries)
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₹3.1 L/yr - ₹29.1 L/yr

Area Credit Manager Salary
7 - 13 years exp.
(14 salaries)
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₹7.1 L/yr - ₹14.9 L/yr

Credit Officer Salary
1 - 6 years exp.
(12 salaries)
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₹2.1 L/yr - ₹8.1 L/yr

Senior Manager Salary
8 - 19 years exp.
(30 salaries)
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₹6.1 L/yr - ₹31 L/yr

Deputy Manager Salary
4 - 15 years exp.
(50 salaries)
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₹4.6 L/yr - ₹15.1 L/yr

Sales Manager Salary
2 - 15 years exp.
(93 salaries)
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₹2.1 L/yr - ₹19.4 L/yr

Manager Salary
4 - 16 years exp.
(87 salaries)
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₹2.9 L/yr - ₹15 L/yr

Branch Credit Manager Salary
2 - 9 years exp.
(30 salaries)
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₹4 L/yr - ₹7.7 L/yr

Officer Salary
2 - 9 years exp.
(10 salaries)
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₹2.2 L/yr - ₹5.2 L/yr

Relationship Manager Salary
1 - 8 years exp.
(74 salaries)
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₹2.3 L/yr - ₹5 L/yr

View more similar designations

Credit Manager Salary In Other Locations

Locations Avg. annual salary
Mumbai
Credit Manager
1 - 9 years exp.
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₹4 L/yr - ₹14 L/yr

New Delhi
Credit Manager
1 - 9 years exp.
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₹3.5 L/yr - ₹14 L/yr

Bangalore / Bengaluru
Credit Manager
1 - 9 years exp.
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₹3.5 L/yr - ₹15 L/yr

Hyderabad / Secunderabad
Credit Manager
1 - 9 years exp.
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₹3.6 L/yr - ₹13.5 L/yr

Pune
Credit Manager
1 - 9 years exp.
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₹3.2 L/yr - ₹13.5 L/yr

Jaipur
Credit Manager
1 - 9 years exp.
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₹3.1 L/yr - ₹12 L/yr

Chennai
Credit Manager
1 - 9 years exp.
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₹3.3 L/yr - ₹14.5 L/yr

Kolkata
Credit Manager
1 - 9 years exp.
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₹3.5 L/yr - ₹13 L/yr

Ahmedabad
Credit Manager
1 - 9 years exp.
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₹3.6 L/yr - ₹13 L/yr

Indore
Credit Manager
1 - 9 years exp.
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₹2.9 L/yr - ₹11.5 L/yr

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Credit Manager Salary By Industries

Industries Avg. annual salary

Financial Services

Credit Manager
1 - 9 years exp.
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₹3.5 L/yr - ₹13.5 L/yr

Banking

Credit Manager
1 - 9 years exp.
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₹3.6 L/yr - ₹14 L/yr

NBFC

Credit Manager
1 - 9 years exp.
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₹3 L/yr - ₹11.5 L/yr

Media & Entertainment / Publishing

Credit Manager
1 - 9 years exp.
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₹3.5 L/yr - ₹13 L/yr

Insurance

Credit Manager
1 - 9 years exp.
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₹3.5 L/yr - ₹13 L/yr

Banking / Insurance / Accounting

Credit Manager
1 - 9 years exp.
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₹4 L/yr - ₹16 L/yr

FinTech

Credit Manager
1 - 9 years exp.
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₹3.5 L/yr - ₹9.5 L/yr

Internet

Credit Manager
1 - 9 years exp.
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₹3 L/yr - ₹13 L/yr

BPO/KPO

Credit Manager
1 - 9 years exp.
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₹2.7 L/yr - ₹12.8 L/yr

Analytics & KPO

Credit Manager
1 - 9 years exp.
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₹3.9 L/yr - ₹19 L/yr

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Frequently Asked Questions (FAQS) about Credit Manager Salaries

What is the salary of a Credit Manager in India?
The salary of a Credit Manager in India varies based on experience, location, company & Industry. On average, Credit Manager salaries ranges from ₹3.9 Lakhs to ₹10.9 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹3.9 Lakhs to ₹10.9 Lakhs per year, with the highest salary reaching ₹13.0 Lakhs to ₹17.5 Lakhs per year. Salary estimates are based on 17 salaries received from various Credit Managers across industries.
What are the top paying companies that employ Credit Managers?
Credit Manager Salaries at Top paying companies in India are
Federal Bank Credit Manager Salary ₹13 Lakhs to ₹17.5 Lakhs per year
Indian Bank Credit Manager Salary ₹12 Lakhs to ₹13.8 Lakhs per year
Godrej Capital Credit Manager Salary ₹10 Lakhs to ₹15 Lakhs per year
Profectus Capital Credit Manager Salary ₹9.9 Lakhs to ₹12.7 Lakhs per year
Godrej Housing Finance Credit Manager Salary ₹9.1 Lakhs to ₹12 Lakhs per year
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
What are the top paying cities for Credit Manager in India?
The annual salary for Credit Manager in India varies by location. Top paying cities for Credit Manager are
Credit Manager Salary in Kolkata ₹3.5 Lakhs to ₹13.0 Lakhs per year
Credit Manager Salary in Chennai ₹3.3 Lakhs to ₹14.5 Lakhs per year
Credit Manager Salary in Bangalore / Bengaluru ₹3.5 Lakhs to ₹15.0 Lakhs per year
Credit Manager Salary in Ahmedabad ₹3.6 Lakhs to ₹13.0 Lakhs per year
Credit Manager Salary in Hyderabad / Secunderabad ₹3.6 Lakhs to ₹13.5 Lakhs per year
Salary expectations for Credit Manager may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Credit Manager in India?
Top 5 paying Industries for Credit Manager in India are:
Credit Manager Salary in Analytics & KPO ₹3.9 Lakhs to ₹19.0 Lakhs per year
Credit Manager Salary in Banking / Insurance / Accounting ₹4.0 Lakhs to ₹16.0 Lakhs per year
Credit Manager Salary in Banking ₹3.6 Lakhs to ₹14.0 Lakhs per year
Credit Manager Salary in Insurance ₹3.5 Lakhs to ₹13.0 Lakhs per year
Credit Manager Salary in Media & Entertainment / Publishing ₹3.5 Lakhs to ₹13.0 Lakhs per year
How does experience affect salaries of a Credit Manager in India?
Experience significantly impacts a Credit Manager salary in India. Salaries increase with experience, as Credit Manager take on more complex tasks, responsibilities, and leadership roles. Credit Manager salary at different experience level are as follows:
Experience Average Salary Range
1 year ₹4.0 Lakhs to ₹5.0 Lakhs per year
2 years ₹3.2 Lakhs to ₹6.2 Lakhs per year
3 years ₹6.2 Lakhs to ₹6.2 Lakhs per year
4 years ₹5.2 Lakhs to ₹5.2 Lakhs per year
and so on.

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