Kotak Mahindra Bank Kolkata Assistant Credit Manager Salaries by 3 Employees

4 - 7 years exp.

₹3.1 Lakhs - ₹4.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

13% less than the average Assistant Credit Manager Salary in Banking Companies for 4 - 7 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Assistant Credit Manager in Kolkata

Kotak Mahindra Bank Assistant Credit Manager Salary

4 - 7 years exp. (3 salaries)

₹3.1 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Credit Manager Salary 1 - 6 years exp. (7 salaries)	₹2.6 L/yr - ₹3.7 L/yr 7% less	4 job openings
Bajaj Finserv Assistant Credit Manager Salary 1 - 5 years exp. (5 salaries)	₹3.6 L/yr - ₹4.4 L/yr 13% more
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Aris Capital Assistant Credit Manager Salary 7 - 11 years exp. (5 salaries)	₹3.1 L/yr - ₹3.6 L/yr 12% less
Srei Equipment Finance Assistant Credit Manager Salary 2 - 6 years exp. (3 salaries)	₹4 L/yr - ₹4.3 L/yr 13% more
HDB Financial Services Assistant Credit Manager Salary 4 - 6 years exp. (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr 11% less

Assistant Credit Manager salary at Kotak Mahindra Bank ranges between ₹3.1 Lakhs to ₹4.1 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Credit Manager salaries in Kolkata

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Relationship Manager Salary

(95 salaries)

₹1.8 L/yr - ₹9.88 L/yr

Branch Manager Salary

(73 salaries)

₹8.5 L/yr - ₹23 L/yr

Credit Manager Salary

(55 salaries)

₹3.7 L/yr - ₹14.5 L/yr

Area Credit Manager Salary

(5 salaries)

₹11 L/yr - ₹22.5 L/yr

Regional Credit Manager Salary

(4 salaries)

₹24.15 L/yr - ₹25.25 L/yr

Salary related reviews for Kotak Mahindra Bank

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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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Assistant Credit Manager Salary FAQs

How the salary growth look like for a Assistant Credit Manager at Kotak Mahindra Bank in Kolkata?

The salary growth for a Assistant Credit Manager at Kotak Mahindra Bank in Kolkata depends on factors such as experience, performance, and promotions. On average, a Assistant Credit Manager in Kolkata can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
4 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
6 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
7 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Kotak Mahindra Bank Assistant Credit Manager Salaries in Kolkata

Kotak Mahindra Bank Assistant Credit Manager salary in Kolkata ranges between ₹3.1 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.