Credit Manager
Annual salary range
₹3.1 Lakhs - ₹13.1 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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All Filters Credit Manager Salary in India (Updated 2025)
Based on 20.3k
salaries
• Updated:
15 Jul 2025
Select an experience to get the exact salary
Salary of majority employees
Credit Manager Salary in India ranges between ₹3.1 Lakhs to ₹13.1 Lakhs for 1 year of experience to 9 years of experience. Salary estimates are based on 20.3k latest salaries received from Credit Manager.
Explore on this page
Top paying companies 
Popular companies 
Latest annual salaries 
Salaries by experience 
Jobs available
Similar designations 
Salary related reviews 
Top interview questions 
| Company name | Avg. annual salary | Open Jobs |
|---|---|---|
Federal Bank Credit Manager Salary
2 years exp |  | |
Indian Bank Credit Manager Salary
2 years exp | | |
 Credit Manager Salary
2 years exp | | |
 Credit Manager Salary
2 years exp | | |
 Credit Manager Salary
2 years exp | | |
Is this list helpful? | ||
View more companies
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
12
yrs
exp.
(3.4k salaries)
|
₹7.8 L/yr - ₹13.5 L/yr | 1 job opening |
0 -
11
yrs
exp.
(2.8k salaries)
|
₹5.5 L/yr - ₹12.6 L/yr | 3 job openings |
Login to view exact salary
| ||
0 -
10
yrs
exp.
(1.1k salaries)
|
₹6.5 L/yr - ₹13.8 L/yr | 4 job openings |
0 -
12
yrs
exp.
(860 salaries)
|
₹5.5 L/yr - ₹12.6 L/yr | |
0 -
11
yrs
exp.
(763 salaries)
|
₹5.3 L/yr - ₹11.4 L/yr | |
0 -
12
yrs
exp.
(557 salaries)
|
₹3.9 L/yr - ₹8 L/yr | 1 job opening |
1 -
10
yrs
exp.
(511 salaries)
|
₹2.4 L/yr - ₹7.6 L/yr | |
0 -
15
yrs
exp.
(510 salaries)
|
₹3.5 L/yr - ₹9.5 L/yr | |
Login to view exact salary
| ||
1 -
9
yrs
exp.
(402 salaries)
|
₹4 L/yr - ₹8.7 L/yr | |
1 -
10
yrs
exp.
(401 salaries)
|
₹5.6 L/yr - ₹13 L/yr | 3 job openings |
Latest annual salaries shared by Credit Managers
View all latest salaries
Credit Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(2.2k
salaries)
| ₹3 L/yr - ₹12 L/yr |
2
years
(2.6k
salaries)
| ₹3 L/yr - ₹12.1 L/yr |
Login to view exact salary
| |
3
years
(2.7k
salaries)
| ₹3 L/yr - ₹12.5 L/yr |
4
years
(2.7k
salaries)
| ₹3 L/yr - ₹12.6 L/yr |
5
years
(3k
salaries)
| ₹3.1 L/yr - ₹13 L/yr |
View all salaries by experience
Credit Manager Jobs in India
Credit Manager
· 8-13 years
Marriott
Bangalore / Bengaluru
Credit Manager
· 4-9 years
Hdfc Bank
₹3
L/yr
- ₹8.3
L/yr
(AmbitionBox estimate)
Chennai
Credit Manager
· 14-19 years
Equitas Small Finance Bank Ltd
Pattukkottai +3 more
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Senior Manager Salary
6 -
20
years
exp.
(1.8L salaries)
| ₹7.8 L/yr - ₹42.6 L/yr |
Chief Manager Salary
6 -
24
years
exp.
(14.9k salaries)
| ₹8.2 L/yr - ₹38 L/yr |
Login to view exact salary
| |
Area Credit Manager Salary
5 -
14
years
exp.
(4.6k salaries)
| ₹5.6 L/yr - ₹19.8 L/yr |
Branch Manager Salary
4 -
17
years
exp.
(51.2k salaries)
| ₹2.8 L/yr - ₹18 L/yr |
Deputy Manager Salary
3 -
15
years
exp.
(2.3L salaries)
| ₹4 L/yr - ₹18.2 L/yr |
View more similar designations
Salary reviews by Credit Manager and similar roles
Tata Capital
Credit Manager
• updated on 19 Apr 2025
Likes
Brand value and compensation offered is decent.
- Job security - Excellent
Dislikes
Employees don't get fixed holidays on days where it is officially off. They need to work unofficially and also have to struggle a alot to get it's comp off on the day they require. Employees work almost 11 to 12 hrs daily from almost 9 am to 8 pm so there is no work life balance. Systems are not up to the mark.
read more- Work satisfaction - Poor
+1 more
Punjab National Bank
Manager
• updated on 08 Jul 2025
Likes
...elopment by way of regular training and circulars on various aspects of banking. Besides it has a very good promotion policy, good salary and job security.
read more- Salary - Excellent
+6 more
Dislikes
Authorititive attitude of some seniors without respecting juniors.
IndusInd Bank
Manager
• updated on 07 May 2025
Likes
Working life balance is good and working pressure is nominal.
- Salary - Good
+2 more
Dislikes
...good and working rules no onelearn you. Only pressure create without any reason. Yearly salary hike and bonus is not good, it's pathetic.
read more- Skill development - Poor
+1 more
IDFC FIRST Bank
Deputy Manager
• updated on 08 Apr 2025
Likes
Salary was good, work environment was good.
- Salary - Excellent
+1 more
Dislikes
Management changes every 6 months and hence people cant get promotions. No one gets ratings above average. The manager stopped employees to go on time by giving extra work and expecting unrealistic outcomes. We used to work after office hour in the office till 8pm and yet we were not appreciated for this.
read more- Promotions - Poor
Mahindra Finance
Deputy Manager
• updated on 13 Jul 2025
Likes
Lot of dashboard Development but Not increase the salary.we can do lot of work in Saturday and Sunday also.
read more- Salary - Excellent
+5 more
Dislikes
Performance bonus is not good . salary hike is 2 % from current CTC. Manager were Not good. Such has worst company I have changed three companies Mahindra is not good for joining. We can't learn the things in Mahindra.
read moreTop skills for Credit Manager
Credit Manager Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Mumbai
Credit Manager
1 -
9
years
exp.
| ₹3.8 L/yr - ₹14 L/yr |
New Delhi
Credit Manager
1 -
9
years
exp.
| ₹3.5 L/yr - ₹13.6 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
Credit Manager
1 -
9
years
exp.
| ₹3.6 L/yr - ₹15 L/yr |
Hyderabad / Secunderabad
Credit Manager
1 -
9
years
exp.
| ₹3.5 L/yr - ₹13 L/yr |
Pune
Credit Manager
1 -
9
years
exp.
| ₹3.2 L/yr - ₹13 L/yr |
View more
Credit Manager Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Credit Manager
1 -
9
years
exp.
| ₹3.4 L/yr - ₹13 L/yr |
Banking Credit Manager
1 -
9
years
exp.
| ₹3.6 L/yr - ₹14 L/yr |
Login to view exact salary
| |
NBFC Credit Manager
1 -
9
years
exp.
| ₹3 L/yr - ₹11 L/yr |
Media & Entertainment / Publishing Credit Manager
1 -
9
years
exp.
| ₹3.5 L/yr - ₹12.7 L/yr |
Insurance Credit Manager
1 -
9
years
exp.
| ₹3.5 L/yr - ₹12.5 L/yr |
View more
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 ₹3.1 Lakhs to ₹13.1 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹3.1 Lakhs to ₹13.1 Lakhs per year, with the highest salary reaching ₹13.0 Lakhs to ₹17.5 Lakhs per year. Salary estimates are based on 20.3k salaries received from various Credit Managers across industries.
The average starting salary is around ₹3.1 Lakhs to ₹13.1 Lakhs per year, with the highest salary reaching ₹13.0 Lakhs to ₹17.5 Lakhs per year. Salary estimates are based on 20.3k 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
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| 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 |
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
Salary expectations for Credit Manager may vary based on job roles, experience, and specific employer requirements.
| Credit Manager Salary in Kolkata | ₹3.5 Lakhs to ₹12.5 Lakhs per year |
| Credit Manager Salary in Bangalore / Bengaluru | ₹3.6 Lakhs to ₹15.0 Lakhs per year |
| Credit Manager Salary in Chennai | ₹3.3 Lakhs to ₹14.9 Lakhs per year |
| Credit Manager Salary in Ahmedabad | ₹3.6 Lakhs to ₹12.5 Lakhs per year |
| Credit Manager Salary in Mumbai | ₹3.8 Lakhs to ₹14.0 Lakhs per year |
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 | ₹3.5 Lakhs to ₹19.0 Lakhs per year |
| Credit Manager Salary in Banking / Insurance / Accounting | ₹3.9 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 ₹12.5 Lakhs per year |
| Credit Manager Salary in Media & Entertainment / Publishing | ₹3.5 Lakhs to ₹12.7 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:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹3.0 Lakhs to ₹12.0 Lakhs per year |
| 2 years | ₹3.0 Lakhs to ₹12.1 Lakhs per year |
| 3 years | ₹3.0 Lakhs to ₹12.5 Lakhs per year |
| 4 years | ₹3.0 Lakhs to ₹12.6 Lakhs per year |
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