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Central Bank of India Senior Manager Credit salaries in India (Updated 2025)

Annual salary range
10 - 15 years exp.
₹14.5 Lakhs - ₹22 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Senior Manager Credit Salary at Central Bank of India ranges between ₹14.5 Lakhs to ₹22 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 6 latest... Read more

30% more than the average Senior Manager Credit Salary in Banking Companies for 10 - 15 years of experience

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Last Updated: 24 Feb 2025

Companies similar to Central Bank of India for Senior Manager Credit

Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Senior Manager Credit Salary

2 - 12 years exp. (416 salaries)

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₹9.8 L/yr - ₹16.4 L/yr

arrow icon 30% less
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Yes Bank Senior Manager Credit Salary

4 - 16 years exp. (194 salaries)

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₹10 L/yr - ₹17.3 L/yr

arrow icon 28% less
1 job opening
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IDFC FIRST Bank Senior Manager Credit Salary

3 - 11 years exp. (87 salaries)

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₹9.4 L/yr - ₹15.9 L/yr

arrow icon 37% less
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₹6 L/yr - ₹13.3 L/yr

arrow icon 47% less
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₹15.3 L/yr - ₹26.2 L/yr

arrow icon 9% more
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₹3.8 L/yr - ₹8.8 L/yr

arrow icon 66% less
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Bank of India Senior Manager Credit Salary

8 - 13 years exp. (32 salaries)

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₹15 L/yr - ₹25 L/yr

arrow icon 4% more
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Canara Bank Senior Manager Credit Salary

6 - 13 years exp. (31 salaries)

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₹17.8 L/yr - ₹28 L/yr

arrow icon 27% more
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IndusInd Bank Senior Manager Credit Salary

3 - 12 years exp. (24 salaries)

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₹11 L/yr - ₹19.4 L/yr

arrow icon 19% less
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Standard Chartered Senior Manager Credit Salary

4 - 12 years exp. (20 salaries)

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₹20.8 L/yr - ₹38.8 L/yr

arrow icon 52% more
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Indian Bank Senior Manager Credit Salary

5 - 13 years exp. (20 salaries)

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₹14.2 L/yr - ₹22 L/yr

arrow icon 2% more
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₹13.4 L/yr - ₹19 L/yr

arrow icon 7% less
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Federal Bank Senior Manager Credit Salary

8 - 14 years exp. (13 salaries)

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₹17.3 L/yr - ₹26 L/yr

arrow icon 23% more
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₹17 L/yr - ₹25 L/yr

arrow icon 12% more
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IDBI Bank Senior Manager Credit Salary

6 - 12 years exp. (5 salaries)

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₹14 L/yr - ₹22.7 L/yr

arrow icon 11% less
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₹5.2 L/yr - ₹13 L/yr

arrow icon 52% less
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Corporation Bank Senior Manager Credit Salary

10 - 17 years exp. (5 salaries)

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₹14.4 L/yr - ₹22.3 L/yr

arrow icon 6% more
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Allahabad Bank Senior Manager Credit Salary

6 - 24 years exp. (4 salaries)

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₹12.3 L/yr - ₹18 L/yr

arrow icon 14% less
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₹8.2 L/yr - ₹15.3 L/yr

arrow icon 40% less
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Deutsche Bank Senior Manager Credit Salary

9 - 15 years exp. (4 salaries)

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₹18 L/yr - ₹26.3 L/yr

arrow icon 3% more
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Central Bank of India Senior Manager Credit salaries by

Years of experience Avg. annual salary
10 years (AmbitionBox Estimate)

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₹18.7 L/yr - ₹22 L/yr
11 years (AmbitionBox Estimate)

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₹17.7 L/yr - ₹22 L/yr
12 years (AmbitionBox Estimate)

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₹16.8 L/yr - ₹21.5 L/yr
13 years (AmbitionBox Estimate)

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₹15.9 L/yr - ₹20.3 L/yr
14 years (AmbitionBox Estimate)

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₹15 L/yr - ₹19.1 L/yr
View all salaries by experience

Similar Designation Salaries at Central Bank of India

Similar Designation Avg. annual salary
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₹10 L/yr - ₹17 L/yr

Deputy Manager Salary
(AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

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₹12 L/yr - ₹50 L/yr

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₹5.7 L/yr - ₹23.2 L/yr

Senior Associate Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr

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₹2 L/yr - ₹30 L/yr

Relationship Manager Salary
(AmbitionBox Estimate)
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₹6.2 L/yr - ₹7.9 L/yr

Regional Credit Manager Salary
(AmbitionBox Estimate)
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₹13 L/yr - ₹16.6 L/yr

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₹13.3 L/yr - ₹21.5 L/yr

Zonal Credit Manager Salary
(AmbitionBox Estimate)
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₹20.4 L/yr - ₹26.1 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
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a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Central Bank of India

4.2

Rated by 3 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 20 Mar 2025

1.0
 for  Salary and Benefits

Likes

Central bank of India one of worst bank in India.. It should be privatized with immediate effect. Regional manager and zonal manager are one of worst.. Even managers treated new joinee Business correspondence, apprentices like labour.. Only work matters to them no work life balance, only target oriented.. Only good was colleagues ( clerks, po's, 4th grade)

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Dislikes

Worst work life balance Less salary Target only Do labour Senior officers treated u like labous

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  updated on 17 Aug 2024

4.0
 for  Salary and Benefits

Likes

Job is permanent. Salary and Perks are good.

  • Salary - Good
  • +2 more

Dislikes

There is no stipulated work hours for officers. It will go more than 10 hours per day. No confirmed Week offs. They may ask you to conduct a camp or canvass loans or Canvass government business on Saturdays and Sundays. Just because it's a permanent job, higher authorities treats you like a dog shit. You are not supposed to avail sick leave if there is staff shortage. You can not either avail Authorised leave if some higher authorities comes to your branch. They'll cancel all your leaves straight away. Just scaling up in position is not a real growth. You need to print passbooks even if you are a chief manager. Family is nothing to them. Health is nothing to them. Don't drink water. Don't go for lunch even if it's 2:30 PM. No tea breaks. No tea at all. "I work for a bank" has changed. "I live for a bank and Die for a bank" is a new trend.

read more
  • Work satisfaction - Poor
  • +2 more

Contractual

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 20 Sep 2024

3.0
 for  Salary and Benefits

Likes

Employees are very familiar and the work environment is very positive

  • Promotions - Excellent
  • +3 more

Dislikes

The apprentice trainees are dissatisfied with their salary and lack of job security. They are concerned about the lack of confirmation for future postings and feel that the company is poor at providing clear answers to their questions.

read more
  • Job security - Bad

Contractual

 · 

Other Department

5.0
  •  updated on 26 Mar 2024

5.0
 for  Salary and Benefits

Likes

Friendly work staff make easy to achieve Targets in mobile banking, internet banking, etc.

  • Salary - Excellent
  • +6 more

Dislikes

Nothing dislike in bank but apprentice is contract for only one year so that why salary is very low and after completing apprentice we are unemployed. So whose having good study and able to crack banking exam go through it because who is having good study do not required any experience. As I am not as much good in study I need experience to work in private bank. As per my motive it is good for me to get private bank job as in any field. Thank you.

read more

BFSI, Investments & Trading Department

4.0
  •  updated on 22 Dec 2020

4.0
 for  Salary and Benefits

Likes

Job Security. Freedom to take Credit decision, to work Honest, independent. Regular and increase in Salary every year considerably. Union activities allowed considerably. Regular Training imported at Mumbai and Kolkatta.Job satisfaction that I have served to the needy people of this Great Nation.

read more
  • Salary - Good
  • +6 more

Dislikes

Salary is common to all Efficient and others. Some sort of compulsion from Govt side for Credit but not helping for Recovery.

read more
see more salary related reviews

Central Bank of India Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Central Bank of India ?
The average salary of a Senior Manager Credit at Central Bank of India in India typically ranges from ₹14.5 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Senior Manager Credit at Central Bank of India earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Senior Manager Credit Salaries at Central Bank of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Central Bank of India employees in India.
What is the estimated take home salary of a Senior Manager Credit at Central Bank of India in India?
The estimated take-home salary of a Senior Manager Credit at Central Bank of India in India typically ranges from ₹1,21,978 to ₹1,25,499 per month. This is based on the average salary range of ₹14.5 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 10 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Central Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Central Bank of India for Senior Manager Credit in India?
Standard Chartered ₹20.8 Lakhs to ₹38.8 Lakhs per year
Canara Bank ₹17.8 Lakhs to ₹28.0 Lakhs per year
Federal Bank ₹17.3 Lakhs to ₹26.0 Lakhs per year
Indian Overseas Bank ₹17.0 Lakhs to ₹25.0 Lakhs per year
Union Bank of India ₹15.3 Lakhs to ₹26.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Central Bank of India, depending on the role and experience level.
What is the salary of a Senior Manager Credit in companies similar to Central Bank of India in India?
The salary of a Senior Manager Credit at companies similar to Central Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Corporation Bank ₹14.4 Lakhs to ₹22.3 Lakhs per year
Bank of India ₹15.0 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank ₹18.0 Lakhs to ₹26.3 Lakhs per year
Indian Bank ₹14.2 Lakhs to ₹22.0 Lakhs per year
UCO Bank ₹12.0 Lakhs to ₹24.4 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Senior Manager Credit at Central Bank of India in India?
The salary growth for a Senior Manager Credit at Central Bank of India depends on factors such as experience, performance, and promotions. On average, a Senior Manager Credit can expect the following growth trajectory at Central Bank of India:

Experience Average Salary Range
10 years ₹18.7 Lakhs to ₹22.0 Lakhs per year
11 years ₹17.7 Lakhs to ₹22.0 Lakhs per year
12 years ₹16.8 Lakhs to ₹21.5 Lakhs per year
13 years ₹15.9 Lakhs to ₹20.3 Lakhs per year
and so on.

Tell us how to improve this page.

Central Bank of India Senior Manager Credit salary in India ranges between ₹14.5 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Central Bank of India latest salaries received from various employees of Central Bank of India.