Kotak Mahindra Bank Assistant Credit Manager Salaries by 20+ Employees (Updated 2025)

0 - 7 years exp.

₹2 Lakhs - ₹4.1 Lakhs

Salary of majority employees

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20% less than the average Assistant Credit Manager Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Credit Manager Salary 1 - 6 years exp. (10 salaries)	Unlock ₹2 L/yr - ₹4.1 L/yr
Finance & Accounting Assistant Credit Manager Salary 0 - 6 years exp. (6 salaries)	Unlock ₹2.9 L/yr - ₹3.9 L/yr
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Customer Success, Service & Operations Assistant Credit Manager Salary 3 - 5 years exp. (3 salaries)	Unlock ₹3.2 L/yr - ₹3.8 L/yr

Last Updated: 2 Mar 2025

Companies similar to Kotak Mahindra Bank for Assistant Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Credit Manager Salary 1 - 5 years exp. (60 salaries)	Unlock ₹2.4 L/yr - ₹9 L/yr 29% more
ICICI Bank Assistant Credit Manager Salary 0 - 6 years exp. (14 salaries)	Unlock ₹1.5 L/yr - ₹3.8 L/yr 33% less
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Axis Bank Assistant Credit Manager Salary 0 - 7 years exp. (37 salaries)	Unlock ₹2.7 L/yr - ₹5.5 L/yr 18% more
State Bank of India Assistant Credit Manager Salary 0 - 8 years exp. (5 salaries)	Unlock ₹5.8 L/yr - ₹18 L/yr 234% more
IndusInd Bank Assistant Credit Manager Salary 2 - 4 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 4% less
Yes Bank Assistant Credit Manager Salary 0 - 2 years exp. (5 salaries)	Unlock ₹4 L/yr - ₹5 L/yr 26% more
Federal Bank Assistant Credit Manager Salary 3 - 10 years exp. (4 salaries)	Unlock ₹10.5 L/yr - ₹12 L/yr 224% more
IDFC FIRST Bank Assistant Credit Manager Salary 1 - 7 years exp. (14 salaries)	Unlock ₹4 L/yr - ₹6.2 L/yr 27% more
Bandhan Bank Assistant Credit Manager Salary 0 - 2 years exp. (9 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr 4% more
Ujjivan Small Finance Bank Assistant Credit Manager Salary 2 - 8 years exp. (43 salaries)	Unlock ₹3.3 L/yr - ₹7.9 L/yr 58% more
Jana Small Finance Bank Assistant Credit Manager Salary 3 - 9 years exp. (13 salaries)	Unlock ₹3.1 L/yr - ₹5 L/yr 16% more
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Karur Vysya Bank Assistant Credit Manager Salary 7 - 10 years exp. (8 salaries)	Unlock ₹10 L/yr - ₹13 L/yr 208% more
Union Bank of India Assistant Credit Manager Salary 1 - 8 years exp. (7 salaries)	Unlock ₹4.5 L/yr - ₹13 L/yr 133% more
Utkarsh Small Finance Bank Assistant Credit Manager Salary 1 - 6 years exp. (7 salaries)	Unlock ₹2.4 L/yr - ₹3.6 L/yr 11% less
IDBI Bank Assistant Credit Manager Salary 4 - 8 years exp. (6 salaries)	Unlock ₹10 L/yr - ₹16 L/yr 261% more
Bank of Baroda Assistant Credit Manager Salary 1 - 5 years exp. (6 salaries)	Unlock ₹7 L/yr - ₹12 L/yr 189% more
Central Bank of India Assistant Credit Manager Salary 4 - 7 years exp. (5 salaries)	Unlock ₹7.1 L/yr - ₹11.8 L/yr 167% more
South Indian Bank Assistant Credit Manager Salary 8 years exp. (5 salaries)	Unlock ₹7 L/yr - ₹10.8 L/yr 159% more
City Union Bank Assistant Credit Manager Salary 3 - 7 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹7.5 L/yr 97% more
Canara Bank Assistant Credit Manager Salary 7 - 8 years exp. (3 salaries)	Unlock ₹14.5 L/yr - ₹15 L/yr 320% more

Assistant Credit Manager salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Assistant Credit Manager

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4 years exp.

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1 year exp.

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6 years exp.

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1 year exp.

Experience wise Kotak Mahindra Bank Assistant Credit Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹5.8 L/yr
1 year (3 salaries)	Unlock ₹2.5 L/yr - ₹5.9 L/yr
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2 years (4 salaries)	Unlock ₹2 L/yr - ₹6.1 L/yr
3 years (3 salaries)	Unlock ₹3.1 L/yr - ₹3.5 L/yr
4 years (5 salaries)	Unlock ₹3.2 L/yr - ₹4.1 L/yr
5 years (3 salaries)	Unlock ₹3.1 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹6.7 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹4.1 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Regional Credit Manager Salary

(27 salaries)

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₹16.2 L/yr - ₹30 L/yr

Area Credit Manager Salary

(88 salaries)

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₹6.5 L/yr - ₹24.5 L/yr

Cluster Credit Manager Salary

(4 salaries)

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₹7 L/yr - ₹13.5 L/yr

Branch Credit Manager Salary

(20 salaries)

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₹4.85 L/yr - ₹9.5 L/yr

Zonal Credit Manager Salary

(4 salaries)

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₹30.5 L/yr - ₹42.5 L/yr

Deputy Credit Manager Salary

(22 salaries)

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₹3.75 L/yr - ₹6 L/yr

Credit Manager Salary

(1k salaries)

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₹3.75 L/yr - ₹14.5 L/yr

Senior Credit Officer Salary

(3 salaries)

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₹2.8 L/yr - ₹3.4 L/yr

Relationship Manager Salary

(2.3k salaries)

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₹1.5 L/yr - ₹10 L/yr

Branch Manager Salary

(1k salaries)

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₹7 L/yr - ₹25.56 L/yr

Salary related reviews for Kotak Mahindra Bank

2.9

Rated by 6 employees for salary & benefits

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

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

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Kotak Mahindra Bank Assistant Credit Manager Salary FAQs

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

Assistant Credit Manager salary at Kotak Mahindra Bank in India ranges between ₹2.0 Lakhs to ₹4.1 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 20% less than the average Assistant Credit Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Assistant Credit Manager at Kotak Mahindra Bank is 20% less than the average salary of a Assistant Credit Manager in India. To know exact salary insights, login to view.

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

Canara Bank Assistant Credit Manager Salary - ₹14.5 Lakhs to ₹15.0 Lakhs per year
IDBI Bank Assistant Credit Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
State Bank of India Assistant Credit Manager Salary - ₹5.8 Lakhs to ₹18.0 Lakhs per year
Federal Bank Assistant Credit Manager Salary - ₹10.5 Lakhs to ₹12.0 Lakhs per year
Karur Vysya Bank Assistant Credit Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year

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

Bank of Baroda Assistant Credit Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
Central Bank of India Assistant Credit Manager Salary - ₹7.1 Lakhs to ₹11.8 Lakhs per year
South Indian Bank Assistant Credit Manager Salary - ₹7.0 Lakhs to ₹10.8 Lakhs per year
Union Bank of India Assistant Credit Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
City Union Bank Assistant Credit Manager Salary - ₹7.0 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Assistant Credit Manager at Kotak Mahindra Bank ranges between ₹25,893 per month to ₹27,318 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Credit Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 69% of the Kotak Mahindra Bank Assistant Credit Managers reported a notice period of 3 Months, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Credit Manager Salaries

Kotak Mahindra Bank Assistant Credit Manager salary in India ranges between ₹2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.