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Credit Manager salary in India

Average Yearly Salary of Credit Manager in India is approximately 2,704,703 INR (30,150 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Credit Manager do?

occupation personasA credit manager is responsible for overseeing the credit granting process within an organization. They play a crucial role in managing the company's credit risk and ensuring that customers adhere to payment terms and conditions. Their main duties include evaluating creditworthiness of potential customers, setting credit limits, monitoring credit accounts, and collecting overdue payments. Additionally, credit managers establish and maintain relationships with clients, negotiate payment plans, and provide guidance on credit-related matters to other departments.

Skills: Credit management, Risk assessment, Financial analysis, Debt collection, Customer relations, Payment terms
Job industry: Finance


How much does Credit Manager make?

Salary details
How much does Credit Manager make?
Estimated Yearly Salary: 2,704,703 INR
Estimated Monthly Salary: 225,392 INR
Estimated Weekly Salary: 52,014 INR per week
Estimated Hourly Salary: 1,300 INR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 2,612,610 INR
Estimated Monthly Salary: 217,718 INR
Estimated Weekly Salary: 50,243 INR per week
Estimated Hourly Salary: 1,256 INR per hour
Last revision of data: 2024-01-05



Credit Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 30,150 USD
Estimated Monthly Salary: 2,513 USD
Estimated Weekly Salary: 580 USD per week
Estimated Hourly Salary: 14 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

India is a diverse and vibrant country located in South Asia. With a population of over 1.3 billion people, it is the second-most populous country in the world. The land area of India spans approximately 3.29 million square kilometers, making it the seventh-largest country by land area. It shares borders with several countries including Pakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar.

Estimated national average yearly salary is 1,850,826 INR (22,380 USD). Value indicated is pre-tax. Below graph shows estimated Credit Manager job salary compared to average salary in India.
Comparison shows that a person working as Credit Manager in India earns on average:
1.46 times the average salary (or 146% of average salary).

Is Credit Manager a well paid job?

Yes, our data shows that Credit Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Credit Manager?

High salary for Credit Manager would be somewhere between 2,975,173 INR and 3,921,819 INR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Credit Manager in India?

Living in India the approximate monthly expenses are: 895 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 2,704,703 INR
Estimated Monthly Salary: 225,392 INR
Estimated Weekly Salary: 52,014 INR per week
Estimated Hourly Salary: 1,300 INR per hour
By working as Credit Manager a person can save up to 1,617 USD per month or 19,408 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in India, see costs of living in India.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Pakistan, China, Nepal, Bhutan, Bangladesh, Myanmar (Burma), Afghanistan.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Credit Manager

Pakistan is 2,113 USDdown arrow 93%
Details on Credit Manager salary in Pakistan
China is 17,298 USDdown arrow 43%
Details on Credit Manager salary in China
Nepal is 9,877 USDdown arrow 67%
Details on Credit Manager salary in Nepal
Bangladesh is 3,780 USDdown arrow 87%
Details on Credit Manager salary in Bangladesh
Afghanistan is 8,053 USDdown arrow 73%
Details on Credit Manager salary in Afghanistan
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in India

(21,041,458 INR per year, pre-tax.)
(17,441,897 INR per year, pre-tax.)
(16,859,303 INR per year, pre-tax.)
(16,443,049 INR per year, pre-tax.)
(16,347,274 INR per year, pre-tax.)
(16,022,930 INR per year, pre-tax.)
(16,021,806 INR per year, pre-tax.)
(15,990,052 INR per year, pre-tax.)
(15,984,385 INR per year, pre-tax.)
(15,947,550 INR per year, pre-tax.)

Data as of 2025

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