Punjab National Bank Mumbai Chief Manager Credit Salaries by 8 Employees (Updated 2025)

8 - 15 years exp.

₹24 Lakhs - ₹35.4 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

Chief Manager Credit Salary at Punjab National Bank ranges between ₹24 Lakhs to ₹35.4 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 8 latest salaries... Read more

11% more than the average Chief Manager Credit Salary in Banking Companies for 8 - 15 years of experience

Interested in this particular role?

Last Updated: 12 Jun 2025

Companies similar to Punjab National Bank for Chief Manager Credit in Mumbai

Punjab National Bank Chief Manager Credit Salary

8 - 15 years exp. (8 salaries)

₹24 L/yr - ₹35.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Bank of Baroda Chief Manager Credit Salary 9 - 11 years exp. (11 salaries)	₹22.7 L/yr - ₹35 L/yr 9% less
Union Bank of India Chief Manager Credit Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹25.6 L/yr - ₹32.7 L/yr 10% less
Login to view exact salary
IndusInd Bank Chief Manager Credit Salary 7 - 10 years exp. (3 salaries)	₹9 L/yr - ₹19.4 L/yr 59% less

Punjab National Bank Chief Manager Credit salaries by

Years of experience	Avg. annual salary
8 years (AmbitionBox Estimate)	₹27.8 L/yr - ₹35.4 L/yr
9 years (AmbitionBox Estimate)	₹28 L/yr - ₹35.4 L/yr
Login to view exact salary
10 years (AmbitionBox Estimate)	₹28.1 L/yr - ₹35.4 L/yr
11 years (AmbitionBox Estimate)	₹28.3 L/yr - ₹35.4 L/yr
12 years (AmbitionBox Estimate)	₹28.5 L/yr - ₹35.4 L/yr
13 years (AmbitionBox Estimate)	₹28.6 L/yr - ₹35.4 L/yr
14 years (AmbitionBox Estimate)	₹28.8 L/yr - ₹35.4 L/yr
15+ years (AmbitionBox Estimate)	₹29 L/yr - ₹35.4 L/yr

View all salaries by experience

Similar Designation Salaries at Punjab National Bank

Similar Designation	Avg. annual salary
Credit Manager Salary (12 salaries)	₹10 L/yr - ₹20 L/yr
Login to view exact salary
Senior Manager Credit Salary (7 salaries)	₹18.5 L/yr - ₹28 L/yr

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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?

Got a question about Punjab National Bank?

Ask anonymously on communities.

Prepare for Your Interview with Real Experiences!

View interviews

Salary related reviews for Punjab National Bank

3.9

Rated by 2 employees for salary & benefits

Single Window Operator

BFSI, Investments & Trading Department

4.0

• updated on 08 Apr 2019

3.0

for Salary and Benefits

Likes

Great bank Carreer growth in india is best But salary is very low

Skill development - Excellent

+5 more

Dislikes

Teamates are best.job 100 percent secure,salary is very low according to work,learning in this bank are so high ..good bank to learn all types of banking work.

Business Correspondent

Customer Success, Service & Operations Department

4.0

• updated on 22 Feb 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and adopts latest technology like payments to customer with Bio metric. i am a part of a team that market reliable and has a global client base.

Skill development - Good

+2 more

Dislikes

compensation is decent but growth is very slow. The work pressure is very high always. I have to work-14-18 hours in a day without any break and managers and district manager do no value an individuals unique strength,which is why i have to take back my suggestions most of times.

Promotions - Poor

Branch Manager in New Delhi

Finance & Accounting Department

3.0

• updated on 29 Dec 2018

1.0

for Salary and Benefits

Likes

...retirees which were more in the 1980. Pensions have not been updated since 1995. All employees/ retirees have demanded the same benefits as per Central Pay Commission recommendations on salary revision of Central Govt. Employees/ Retirees.

Dislikes

Salary - Bad
Job security - Poor

+1 more

Retired Branch Manager

BFSI, Investments & Trading Department

3.0

• updated on 04 Apr 2019

2.0

for Salary and Benefits

Likes

...s, of course job security is there; but there is pairabi, casteism, favouritism. Career growth only on pairabis, salary poor, appraisals on pairabis, no travel-only branch concentrations, dirty politics, no learning, work environment very poor--there is abundant load on BM, there is no innovation, work-life balance is very critical, there is no curative policies, instead there is vindictive policies.

Dislikes

Casteism, favoritism, buttering, no innovations, only work loads, no training, no career growth, appraisal poor, salary growth poor, dirty politics, no work environment, work-life balance is very poor.

Salary - Poor

+6 more

Deputy Manager in Patna

Full Time

Strategic & Top Management Department

1.0

• updated on 03 Sep 2024

2.0

for Salary and Benefits

Likes

No matter what you do your salary will remain same.

Job security - Excellent

Dislikes

Frequent transfers to remote villages create hell lot of family problems and other problems as well. Banking sector has hell lot of corruption and you will feel very insecure if you are moral.

Salary - Poor

+5 more

see more salary related reviews

Punjab National Bank Chief Manager Credit Salary FAQs

What is the salary of Chief Manager Credit at Punjab National Bank in Mumbai?

The average salary of a Chief Manager Credit at Punjab National Bank in Mumbai typically ranges from ₹24.0 Lakhs to ₹35.4 Lakhs per year, depending on experience (from 8 years to 15 years).

The top 10% of Chief Manager Credit in Mumbai at Punjab National Bank earn more than ₹35.3 Lakhs per year, and the top 1% earn over ₹35.4 Lakhs per year. Chief Manager Credit Salaries at Punjab National 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 8 Punjab National Bank employees in India.

What is the estimated take home salary of a Chief Manager Credit at Punjab National Bank in Mumbai?

The estimated take-home salary of a Chief Manager Credit at Punjab National Bank in Mumbai typically ranges from ₹1,92,815 to ₹2,00,396 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹35.4 Lakhs per year for employees with experience ranging from 8 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 8 salaries received from various employees of Punjab National Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Chief Manager Credit in companies similar to Punjab National Bank in Mumbai?

The salary of a Chief Manager Credit at companies similar to Punjab National Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of Baroda	₹22.7 Lakhs to ₹35.0 Lakhs per year
Union Bank of India	₹25.6 Lakhs to ₹32.7 Lakhs per year
IndusInd Bank	₹9.0 Lakhs to ₹19.4 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 Chief Manager Credit at Punjab National Bank in Mumbai?

The salary growth for a Chief Manager Credit at Punjab National 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 Punjab National Bank:

Experience	Average Salary Range
8 years	₹27.8 Lakhs to ₹35.4 Lakhs per year
9 years	₹28.0 Lakhs to ₹35.4 Lakhs per year
10 years	₹28.1 Lakhs to ₹35.4 Lakhs per year
11 years	₹28.3 Lakhs to ₹35.4 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Punjab National Bank Salaries >
Punjab National Bank Chief Manager Credit Salaries >
Punjab National Bank Chief Manager Credit Salaries in Mumbai

Punjab National Bank Chief Manager Credit salary in Mumbai ranges between ₹24 Lakhs to ₹35.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Punjab National Bank latest salaries received from various employees of Punjab National Bank.