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Indian Bank Chief Manager Credit salaries in Mumbai

Annual salary range
12 - 13 years exp.
₹24.8 Lakhs - ₹31.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Last Updated: 2 Dec 2024

Companies similar to Indian Bank for Chief Manager Credit in Mumbai

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Indian Bank Chief Manager Credit Salary

12 - 13 years exp. (AmbitionBox Estimate)

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₹24.8 L/yr - ₹31.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Union Bank of India Chief Manager Credit Salary

13 - 19 years exp. (5 salaries)

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₹27 L/yr - ₹40 L/yr

arrow icon 10% more
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IndusInd Bank Chief Manager Credit Salary

7 - 10 years exp. (3 salaries)

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₹9 L/yr - ₹19.4 L/yr

arrow icon 53% less
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Bank of Baroda Chief Manager Credit Salary

9 - 13 years exp. (12 salaries)

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₹23.2 L/yr - ₹37 L/yr

arrow icon 9% more
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₹24 L/yr - ₹35.4 L/yr

arrow icon 11% more

Similar Designation Salaries at Indian Bank

Similar Designation Avg. annual salary
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₹11 L/yr - ₹12.8 L/yr

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
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 Indian Bank

BFSI, Investments & Trading Department

5.0
  •  updated on 21 Apr 2021

3.0
 for  Salary and Benefits

Likes

Everyone can take part in decision making. Integrity is integral part. The work culture had then this bank to be at the apex of all Banks in terms of profitability and we have endured the testing time in baking industry.

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  • Skill development - Good
  • +5 more

Dislikes

compensation front

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 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 05 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary in PSBs is the only thing you can term as a positive.

Dislikes

Work life balance is non existent. Management will bluntly put it that they do not care about your health or mental condition. Targets are unrealistic and everybody is out to pressurize branches as much possible, even encouraging unethical and fraudulent practices. HR is non existent. You will be forced to work long hours to satisfy the ego of the management. Join at your own risk.

read more
  • Skill development - Bad
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 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 23 Mar 2022

3.0
 for  Salary and Benefits

Likes

...f diversified roles in various verticals along different geographical locations.The employees enjoy several Perks and allowances alongside their salary.It has a great job security and social status too.

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  • Job security - Excellent
  • +3 more

Dislikes

The job can be a bit monotonus and repetitive at times. The salary is decent at first but the growth is stagnant after a time period. The far off rural postings brings several challenges and hardships too. The transfers are frequent.

read more

BFSI, Investments & Trading Department

3.0
  •  updated on 19 Mar 2022

4.0
 for  Salary and Benefits

Likes

Job security, some of good Managers, Salary and Compensation is good. Its a government job but culture is quite like private job.

read more
  • Salary - Good
  • +2 more

Dislikes

Very much shortage of Staff, Some of the Mangement staff Behaviour is rude and Superior behaves like bossy. Too much workload due to immensely shortage of Staff. Bad promotion policy . Not all the time deserving candidate gets promotion. Transfer policy is poor. They do not consider your request unless you know someone who has influence.

read more
  • Work satisfaction - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 28 Nov 2024

5.0
 for  Salary and Benefits

Likes

Job security, good pay, ability to gain knowledge and connections.

  • Salary - Excellent
  • +4 more

Dislikes

Impossible targets, harassing in meeting stating transfers, expecting to work overtime even on holidays, unapproachable and unheedful HR personnel.

read more
  • Company culture - Poor
see more salary related reviews

Indian Bank Chief Manager Credit Salary FAQs

How the salary growth look like for a Chief Manager Credit at Indian Bank in Mumbai?
The salary growth for a Chief Manager Credit at Indian Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Chief Manager Credit in Mumbai can expect the following growth trajectory at Indian Bank:

Experience Average Salary Range
12 years ₹24.8 Lakhs to ₹31.4 Lakhs per year
13 years ₹24.8 Lakhs to ₹31.5 Lakhs per year
and so on.

Tell us how to improve this page.

Indian Bank Chief Manager Credit salary in Mumbai ranges between ₹24.8 Lakhs to ₹31.6 Lakhs. This is an estimate based on latest salaries received from employees of Indian Bank.