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A 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.
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
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
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
4 %
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.
Want to check how your salary compares? Submit your own salary here
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.
Estimated Yearly Salary for Credit Manager
Last revision of data: 2025-01-04
Data as of 2025
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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?
A 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
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: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 2,612,610 INREstimated 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: 2024-01-05Credit 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
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.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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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).
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 USD
China is 17,298 USD
Nepal is 9,877 USD
Bangladesh is 3,780 USD
Afghanistan is 8,053 USD Last revision of data: 2025-01-04Salary 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
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in India
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Data as of 2025Random salary:
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Coating painting and spraying machine setter operator tender (1,013,971 INR per year, pre-tax.)
Account management specialist (1,499,186 INR per year, pre-tax.)
Medical secretary (1,073,446 INR per year, pre-tax.)
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