Kotak Mahindra Bank Area Credit Manager Salaries by 90+ Employees (Updated 2025)

5 - 15 years exp.

₹6.5 Lakhs - ₹24 Lakhs

Salary of majority employees

28% more than the average Area Credit Manager Salary in Banking Companies for 5 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Credit Manager Salary 5 - 15 years exp. (46 salaries)	₹7 L/yr - ₹24 L/yr
Finance & Accounting Area Credit Manager Salary 5 - 12 years exp. (23 salaries)	₹6.5 L/yr - ₹18.7 L/yr
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Risk Management & Compliance Area Credit Manager Salary 5 - 13 years exp. (12 salaries)	₹9 L/yr - ₹24 L/yr

Last Updated: 17 Feb 2025

Companies similar to Kotak Mahindra Bank for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Credit Manager Salary 5 - 18 years exp. (226 salaries)	₹7.4 L/yr - ₹28 L/yr 20% more
ICICI Bank Area Credit Manager Salary 2 - 14 years exp. (278 salaries)	₹5.4 L/yr - ₹21.7 L/yr 18% less
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Axis Bank Area Credit Manager Salary 5 - 14 years exp. (305 salaries)	₹6.5 L/yr - ₹22.8 L/yr 5% less
Yes Bank Area Credit Manager Salary 5 - 14 years exp. (44 salaries)	₹9 L/yr - ₹19.7 L/yr 2% less
IndusInd Bank Area Credit Manager Salary 5 - 18 years exp. (151 salaries)	₹5.3 L/yr - ₹18 L/yr 18% less
IDFC FIRST Bank Area Credit Manager Salary 5 - 17 years exp. (81 salaries)	₹8.2 L/yr - ₹20 L/yr 8% less
RBL Bank Area Credit Manager Salary 7 - 16 years exp. (57 salaries)	₹5.8 L/yr - ₹23 L/yr 15% less
Standard Chartered Area Credit Manager Salary 5 - 10 years exp. (5 salaries)	₹8.2 L/yr - ₹28.5 L/yr 8% more
Jana Small Finance Bank Area Credit Manager Salary 6 - 13 years exp. (70 salaries)	₹5.7 L/yr - ₹14 L/yr 34% less
Bandhan Bank Area Credit Manager Salary 5 - 16 years exp. (79 salaries)	₹5.5 L/yr - ₹21.5 L/yr 12% less
Ujjivan Small Finance Bank Area Credit Manager Salary 6 - 16 years exp. (60 salaries)	₹9.2 L/yr - ₹19.3 L/yr 1% more
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Utkarsh Small Finance Bank Area Credit Manager Salary 3 - 11 years exp. (37 salaries)	₹4.5 L/yr - ₹12 L/yr 52% less
Karur Vysya Bank Area Credit Manager Salary 5 - 8 years exp. (5 salaries)	₹12 L/yr - ₹14 L/yr 13% less
IDBI Bank Area Credit Manager Salary 1 - 15 years exp. (4 salaries)	₹10 L/yr - ₹20.1 L/yr 1% less

Area Credit Manager salary at Kotak Mahindra Bank ranges between ₹6.5 Lakhs to ₹24 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 95 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Area Credit Manager salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
5 years (8 salaries)	₹7.4 L/yr - ₹19.3 L/yr
6 years (8 salaries)	₹11.2 L/yr - ₹21 L/yr
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7 years (10 salaries)	₹6.8 L/yr - ₹15.4 L/yr
8 years (13 salaries)	₹6.5 L/yr - ₹18 L/yr
9 years (14 salaries)	₹7 L/yr - ₹24 L/yr
10 years (16 salaries)	₹8 L/yr - ₹23.1 L/yr
11 years (9 salaries)	₹9 L/yr - ₹23.6 L/yr
12 years (8 salaries)	₹10.8 L/yr - ₹23.6 L/yr
13 years (3 salaries)	₹13.8 L/yr - ₹24 L/yr
14 years (3 salaries)	₹6.8 L/yr - ₹18.3 L/yr
15+ years (3 salaries)	₹15.2 L/yr - ₹20 L/yr

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From

Area Credit Manager

5 - 15 years exp.

Regional Credit Manager

₹

Lakhs/yr

9 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Zonal Credit Manager Salary

(4 salaries)

₹30.5 L/yr - ₹42.5 L/yr

Branch Credit Manager Salary

(20 salaries)

₹4.85 L/yr - ₹9.5 L/yr

Credit Manager Salary

(1k salaries)

₹4 L/yr - ₹14.5 L/yr

Cluster Credit Manager Salary

(4 salaries)

₹7 L/yr - ₹13.5 L/yr

Deputy Credit Manager Salary

(22 salaries)

₹3.75 L/yr - ₹6 L/yr

Regional Credit Manager Salary

(27 salaries)

₹16.2 L/yr - ₹30 L/yr

Assistant Credit Manager Salary

(24 salaries)

₹2 L/yr - ₹4.1 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹25.56 L/yr

Sales Manager Salary

(769 salaries)

₹1.2 L/yr - ₹10.02 L/yr

Credit Officer Salary

(96 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Top skills at Kotak Mahindra Bank for Area Credit Manager

Underwriting Credit Appraisal Credit Management Working Capital Credit Risk Commodity Finance Agri Finance Chartered Accountant SME Home Loans Financial Analysis Lap Credit Tractor Loan Commercial Vehicle Loans

Salary related reviews for Kotak Mahindra Bank

3.7

Rated by 12 employees for salary & benefits

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Kotak Mahindra Bank?

Area Credit Manager salary at Kotak Mahindra Bank in India ranges between ₹6.5 Lakhs to ₹24.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 28% more than the average Area Credit Manager Salary in India. Salary estimates are based on 95 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Area Credit Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Area Credit Manager at Kotak Mahindra Bank is 28% more than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at Kotak Mahindra Bank?

Underwriting, Credit Appraisal, Credit Management, Working Capital and Credit Risk are some of the popular skills required to work as a Area Credit Manager at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Area Credit Manager in India?

HDFC Bank Area Credit Manager Salary - ₹7.4 Lakhs to ₹28.0 Lakhs per year
Standard Chartered Area Credit Manager Salary - ₹8.2 Lakhs to ₹28.5 Lakhs per year
Ujjivan Small Finance Bank Area Credit Manager Salary - ₹9.2 Lakhs to ₹19.3 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to Kotak Mahindra Bank in India?

IDBI Bank Area Credit Manager Salary - ₹10.0 Lakhs to ₹20.1 Lakhs per year
Yes Bank Area Credit Manager Salary - ₹9.0 Lakhs to ₹19.7 Lakhs per year
Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹22.8 Lakhs per year
IDFC FIRST Bank Area Credit Manager Salary - ₹8.2 Lakhs to ₹20.0 Lakhs per year
Bandhan Bank Area Credit Manager Salary - ₹5.5 Lakhs to ₹21.5 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Area Credit Manager at Kotak Mahindra Bank ranges between ₹1,05,248 per month to ₹1,08,139 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Area Credit Manager salary in India which ranges between ₹6.5 Lakhs to ₹24.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Kotak Mahindra Bank?

According to AmbitionBox, 89% of the Kotak Mahindra Bank Area Credit Managers reported a notice period of 3 Months, 8% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 74 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Area Credit Manager Salaries

Kotak Mahindra Bank Area Credit Manager salary in India ranges between ₹6.5 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 95 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Area Credit Manager salaries in India

Companies similar to Kotak Mahindra Bank for Area Credit Manager

Latest annual salaries shared by Kotak Mahindra Bank Area Credit Manager

Experience wise Kotak Mahindra Bank Area Credit Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Area Credit Manager

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Area Credit Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Area Credit Manager Salaries by Location