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Indian Bank Senior Manager Credit salaries in New Delhi

Annual salary range
5 - 11 years exp.
₹17 Lakhs - ₹22 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Senior Manager Credit Salary at Indian Bank ranges between ₹17 Lakhs to ₹22 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received... Read more

26% more than the average Senior Manager Credit Salary in Banking Companies for 5 - 11 years of experience

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Last Updated: 13 Nov 2024

Companies similar to Indian Bank for Senior Manager Credit in New Delhi

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Indian Bank Senior Manager Credit Salary

5 - 11 years exp. (5 salaries)

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₹17 L/yr - ₹22 L/yr

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Company name Avg Annual Salary Open Jobs
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₹9.6 L/yr - ₹15 L/yr

arrow icon 31% less
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Yes Bank Senior Manager Credit Salary

4 - 12 years exp. (28 salaries)

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₹10.7 L/yr - ₹16.9 L/yr

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

5 - 9 years exp. (12 salaries)

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₹9.3 L/yr - ₹15.5 L/yr

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₹17.5 L/yr - ₹26 L/yr

arrow icon 17% more
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₹10.3 L/yr - ₹15.5 L/yr

arrow icon 32% less
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₹20 L/yr - ₹35.5 L/yr

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₹20 L/yr - ₹25 L/yr

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Federal Bank Senior Manager Credit Salary

11 - 14 years exp. (4 salaries)

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₹18.5 L/yr - ₹31.3 L/yr

arrow icon 21% more
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Bandhan Bank Senior Manager Credit Salary

5 - 7 years exp. (3 salaries)

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₹11.4 L/yr - ₹18 L/yr

arrow icon 18% less
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Corporation Bank Senior Manager Credit Salary

10 - 17 years exp. (3 salaries)

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₹14.4 L/yr - ₹26.9 L/yr

arrow icon 4% more
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Vijaya Bank Senior Manager Credit Salary

5 - 12 years exp. (3 salaries)

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₹9 L/yr - ₹30 L/yr

arrow icon 6% less

Indian Bank Senior Manager Credit salaries by

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

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₹17 L/yr - ₹20.5 L/yr
6 years (AmbitionBox Estimate)

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₹17 L/yr - ₹20.7 L/yr
7 years (AmbitionBox Estimate)

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₹17 L/yr - ₹20.8 L/yr
8 years (AmbitionBox Estimate)

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₹17 L/yr - ₹21 L/yr
9 years (AmbitionBox Estimate)

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₹17 L/yr - ₹21.2 L/yr
View all salaries by experience

Similar Designation Salaries at Indian Bank

Similar Designation Avg. annual salary
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₹9 L/yr - ₹15 L/yr

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₹16 L/yr - ₹32 L/yr

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₹6.0 L/yr - ₹20 L/yr

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₹12 L/yr - ₹19 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

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
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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

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  updated on 24 Jul 2024

4.0
 for  Salary and Benefits

Likes

Salary and allowances are decent. And if you are lucky enough to get a good manager, you life will be good.

read more
  • Salary - Good
  • +1 more

Dislikes

Extremely bad work culture. Huge burden of targets, even new joinees are not spared! They won't give you an opportunity to learn, they only care about their business figures! Bad postings in unlivable rural areas. Yes perks and allowances are good, but often times you have to beg them to get those. Corrupt practices undertaken by HRM section, people of certain communities are given preference over the other. And if you dare to raise your voice against such injustice, you will be harassed even more.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

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
  • +4 more

Full Time

 · 

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.

read more
  • 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.

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see more salary related reviews

Indian Bank Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Indian Bank in New Delhi?
The average salary of a Senior Manager Credit at Indian Bank in New Delhi typically ranges from ₹17.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Senior Manager Credit in New Delhi at Indian Bank earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Senior Manager Credit Salaries at Indian 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 5 Indian Bank employees in India.
What is the estimated take home salary of a Senior Manager Credit at Indian Bank in New Delhi?
The estimated take-home salary of a Senior Manager Credit at Indian Bank in New Delhi typically ranges from ₹1,23,867 to ₹1,27,639 per month. This is based on the average salary range of ₹17.0 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 5 years 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 5 salaries received from various employees of Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Indian Bank for Senior Manager Credit in India?
Standard Chartered ₹20.0 Lakhs to ₹35.5 Lakhs per year
Federal Bank ₹18.5 Lakhs to ₹31.3 Lakhs per year
Union Bank of India ₹17.5 Lakhs to ₹26.0 Lakhs per year
Indian Overseas Bank ₹20.0 Lakhs to ₹25.0 Lakhs per year
Corporation Bank ₹14.4 Lakhs to ₹26.9 Lakhs per year

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

Vijaya Bank ₹9.0 Lakhs to ₹30.0 Lakhs per year
Bandhan Bank ₹11.4 Lakhs to ₹18.0 Lakhs per year
Yes Bank ₹10.7 Lakhs to ₹16.9 Lakhs per year
Kotak Mahindra Bank ₹9.6 Lakhs to ₹15.0 Lakhs per year
AU Small Finance Bank ₹10.3 Lakhs to ₹15.5 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 Indian Bank in New Delhi?
The salary growth for a Senior Manager Credit at Indian Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Senior Manager Credit in New Delhi can expect the following growth trajectory at Indian Bank:

Experience Average Salary Range
5 years ₹17.0 Lakhs to ₹20.5 Lakhs per year
6 years ₹17.0 Lakhs to ₹20.7 Lakhs per year
7 years ₹17.0 Lakhs to ₹20.8 Lakhs per year
8 years ₹17.0 Lakhs to ₹21.0 Lakhs per year
and so on.

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Indian Bank Senior Manager Credit salary in New Delhi ranges between ₹17 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Indian Bank latest salaries received from various employees of Indian Bank.