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HDFC Bank Credit Manager salaries in India (Updated 2025)

Annual salary range
0 - 11 years exp.
₹5.5 Lakhs - ₹13 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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Credit Manager Salary at HDFC Bank ranges between ₹5.5 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 2.8k latest salaries... Read more

8% more than the average Credit Manager Salary in Banking Companies for 0 - 11 years of experience

Interested in this particular role? 3 job openings

What are the roles & responsibilities of a Credit Manager at HDFC Bank?

Corporate Relationship Management

  • Acquire new corporate clients and establish relationships
  • Enhance business from existing corporate portfolios
  • Track and monitor achievement of segment-wise targets
  • Conduct regular business updates and reviews with clients

Sales and Product Management

  • Drive market penetration and acquisition of new merchants

Read full roles & responsibilities

Last Updated: 28 Jul 2025

Companies similar to HDFC Bank for Credit Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Credit Manager Salary

0 - 12 years exp. (3.4k salaries)

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₹7.8 L/yr - ₹13.5 L/yr

arrow icon 20% more
1 job opening
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Axis Bank Credit Manager Salary

0 - 12 years exp. (854 salaries)

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₹5.5 L/yr - ₹12.6 L/yr

arrow icon 4% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 10 years exp. (1.1k salaries)

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₹6.5 L/yr - ₹14 L/yr

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3 job openings
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IDFC FIRST Bank Credit Manager Salary

0 - 11 years exp. (870 salaries)

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₹5.4 L/yr - ₹12 L/yr

At par
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Bandhan Bank Credit Manager Salary

0 - 15 years exp. (511 salaries)

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₹4.1 L/yr - ₹9.5 L/yr

arrow icon 21% less
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Yes Bank Credit Manager Salary

1 - 10 years exp. (413 salaries)

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₹5.6 L/yr - ₹13 L/yr

arrow icon 5% more
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Utkarsh Small Finance Bank Credit Manager Salary

1 - 10 years exp. (291 salaries)

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₹3.1 L/yr - ₹7 L/yr

arrow icon 42% less
1 job opening
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Jana Small Finance Bank Credit Manager Salary

2 - 14 years exp. (197 salaries)

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₹4 L/yr - ₹9.4 L/yr

arrow icon 24% less
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IndusInd Bank Credit Manager Salary

3 - 12 years exp. (210 salaries)

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₹5.9 L/yr - ₹11.4 L/yr

arrow icon 3% less
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RBL Bank Credit Manager Salary

2 - 10 years exp. (124 salaries)

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₹5 L/yr - ₹10.1 L/yr

arrow icon 18% less
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Ujjivan Small Finance Bank Credit Manager Salary

1 - 10 years exp. (138 salaries)

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₹3.5 L/yr - ₹7.7 L/yr

arrow icon 38% less
2 job openings
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IDBI Bank Credit Manager Salary

1 - 17 years exp. (118 salaries)

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₹14.5 L/yr - ₹25 L/yr

arrow icon 119% more
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Karur Vysya Bank Credit Manager Salary

0 - 12 years exp. (87 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 13% more
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Federal Bank Credit Manager Salary

2 - 10 years exp. (69 salaries)

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₹13 L/yr - ₹21 L/yr

arrow icon 88% more
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State Bank of India Credit Manager Salary

3 - 14 years exp. (43 salaries)

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₹14.7 L/yr - ₹25 L/yr

arrow icon 126% more
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Canara Bank Credit Manager Salary

6 - 12 years exp. (39 salaries)

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₹15 L/yr - ₹26 L/yr

arrow icon 118% more
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Punjab National Bank Credit Manager Salary

5 - 10 years exp. (40 salaries)

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₹13.1 L/yr - ₹22 L/yr

arrow icon 102% more
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Union Bank of India Credit Manager Salary

6 - 12 years exp. (39 salaries)

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₹13 L/yr - ₹20 L/yr

arrow icon 82% more
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South Indian Bank Credit Manager Salary

5 - 11 years exp. (31 salaries)

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₹12.2 L/yr - ₹22 L/yr

arrow icon 87% more
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₹5.8 L/yr - ₹11.7 L/yr

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View all

Latest annual salaries shared by HDFC Bank Credit Manager

1d ago
₹8 Lakhs
2 years exp.
2d ago
₹4.5 Lakhs
6 years exp.
2d ago
₹6 Lakhs
2 years exp.
2d ago
₹3.6 Lakhs
3 years exp.
2d ago
₹8.2 Lakhs
1 year exp.
2d ago
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6 years exp.
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5 years exp.
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2 years exp.
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2 years exp.

HDFC Bank Credit Manager salaries by

Years of experience Avg. annual salary
Fresher  (357 salaries)

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₹6 L/yr - ₹12.4 L/yr
1 year  (398 salaries)

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₹5.5 L/yr - ₹12.4 L/yr
2 years  (369 salaries)

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₹5.5 L/yr - ₹12.5 L/yr
3 years  (317 salaries)

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₹5.5 L/yr - ₹12.4 L/yr
4 years  (314 salaries)

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₹5.5 L/yr - ₹12 L/yr
View all salaries by experience

Similar Designation Salaries at HDFC Bank

Similar Designation Avg. annual salary
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₹1.2 L/yr - ₹4 L/yr

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₹9.8 L/yr - ₹28.9 L/yr

Branch Manager Salary
(1.7k salaries)
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₹6.8 L/yr - ₹24 L/yr

Deputy Manager Salary
(15.3k salaries)
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₹2 L/yr - ₹10.5 L/yr

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₹8 L/yr - ₹26 L/yr

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₹4.5 L/yr - ₹18.3 L/yr

Sales Manager Salary
(4.2k salaries)
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₹3 L/yr - ₹12 L/yr

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₹3.5 L/yr - ₹12 L/yr

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₹3.5 L/yr - ₹11 L/yr

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₹3.6 L/yr - ₹9.8 L/yr

View more similar designations

What people are saying about HDFC Bank

View All
a team lead
3h (edited)
Just found out something weird today
So I’m in the process of shifting my home loan from hdfc to sbi… and hdfc just told me they'll charge 600 just to email me the list of documents related to my own loan. yup, 600 to view my own papers Honestly, this whole thing has been an eye-opener. I used to think chasing the lowest interest rate is all that matters when taking a home loan but nope. There’s more to it. With HDFC, even when I tried making a part-payment, they’d charge a prepayment fee plus GST on top of that. Like bro I’m just trying to pay you back, why is that a problem? That’s why I’m moving to SBI. At least they don’t charge you extra just to repay your own loan or view your documents. Feels more transparent and fair. So yeah, just a heads up sometimes it’s better to go with a govt. bank over private ones. Not just for interest rates, but for peace of mind
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HDFC Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at HDFC Bank ?
The average salary of a Credit Manager at HDFC Bank in India typically ranges from ₹5.5 Lakhs to ₹13.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Credit Manager at HDFC Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Credit Manager Salaries at HDFC Bank 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 2800+ HDFC Bank employees in India.
What is the estimated take home salary of a Credit Manager at HDFC Bank in India?
The estimated take-home salary of a Credit Manager at HDFC Bank in India typically ranges from ₹63,615 to ₹65,234 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 2800+ salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Credit Manager at HDFC Bank ?
To be a Credit Manager at HDFC Bank in india, the key skills required include:

  • - Credit Management
  • - Credit Underwriting
  • - Credit Appraisal
  • - Credit Underwriting
  • - Working Capital

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Bank for Credit Manager in India?
State Bank of India ₹14.7 Lakhs to ₹25.0 Lakhs per year
IDBI Bank ₹14.5 Lakhs to ₹25.0 Lakhs per year
Canara Bank ₹15.0 Lakhs to ₹26.0 Lakhs per year
Punjab National Bank ₹13.1 Lakhs to ₹22.0 Lakhs per year
Federal Bank ₹13.0 Lakhs to ₹21.0 Lakhs per year

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

South Indian Bank ₹12.2 Lakhs to ₹22.0 Lakhs per year
Union Bank of India ₹13.0 Lakhs to ₹20.0 Lakhs per year
Karnataka Bank ₹11.6 Lakhs to ₹18.0 Lakhs per year
Central Bank of India ₹10.3 Lakhs to ₹17.0 Lakhs per year
City Union Bank ₹9.0 Lakhs to ₹16.0 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 Credit Manager at HDFC Bank in India?
The salary growth for a Credit Manager at HDFC Bank depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
Fresher ₹6.0 Lakhs to ₹12.4 Lakhs per year
1 year ₹5.5 Lakhs to ₹12.4 Lakhs per year
2 years ₹5.5 Lakhs to ₹12.5 Lakhs per year
3 years ₹5.5 Lakhs to ₹12.4 Lakhs per year
and so on.

Top skills at HDFC Bank for Credit Manager

Sales Relationship Management Problem Solving Analytical Team Management

Tell us how to improve this page.

HDFC Bank Credit Manager salary in India ranges between ₹5.5 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 2.8k HDFC Bank latest salaries received from various employees of HDFC Bank.