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

0 - 7 years exp.

₹4.9 Lakhs - ₹9.5 Lakhs

Salary of majority employees

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44% more than the average Branch Credit Manager Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Credit Manager Salary 3 - 6 years exp. (8 salaries)	Unlock ₹5 L/yr - ₹9.5 L/yr
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Finance & Accounting Branch Credit Manager Salary 1 - 3 years exp. (5 salaries)	Unlock ₹6.5 L/yr - ₹9 L/yr

Last Updated: 16 Mar 2024

Companies similar to Kotak Mahindra Bank for Branch Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Credit Manager Salary 2 - 11 years exp. (34 salaries)	Unlock ₹4 L/yr - ₹12 L/yr 4% less
ICICI Bank Branch Credit Manager Salary 1 - 11 years exp. (345 salaries)	Unlock ₹3.4 L/yr - ₹13 L/yr 2% more
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Axis Bank Branch Credit Manager Salary 5 - 12 years exp. (14 salaries)	Unlock ₹6.5 L/yr - ₹10.8 L/yr 9% more
State Bank of India Branch Credit Manager Salary 2 - 17 years exp. (4 salaries)	Unlock ₹4.2 L/yr - ₹15 L/yr 30% more
IndusInd Bank Branch Credit Manager Salary 1 - 11 years exp. (172 salaries)	Unlock ₹2.6 L/yr - ₹9.5 L/yr 31% less
Yes Bank Branch Credit Manager Salary 3 - 14 years exp. (17 salaries)	Unlock ₹5 L/yr - ₹12 L/yr 18% more
Federal Bank Branch Credit Manager Salary 3 - 10 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹15 L/yr 1% more
IDFC FIRST Bank Branch Credit Manager Salary 0 - 12 years exp. (239 salaries)	Unlock ₹3 L/yr - ₹8.6 L/yr 30% less
RBL Bank Branch Credit Manager Salary 2 - 11 years exp. (62 salaries)	Unlock ₹2.6 L/yr - ₹10 L/yr 22% less
Bandhan Bank Branch Credit Manager Salary 1 - 10 years exp. (16 salaries)	Unlock ₹2.9 L/yr - ₹9.1 L/yr 35% less
Jana Small Finance Bank Branch Credit Manager Salary 4 - 11 years exp. (19 salaries)	Unlock ₹3.4 L/yr - ₹8.1 L/yr 19% less
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Utkarsh Small Finance Bank Branch Credit Manager Salary 4 - 10 years exp. (14 salaries)	Unlock ₹4.1 L/yr - ₹7.5 L/yr 30% less
Ujjivan Small Finance Bank Branch Credit Manager Salary 1 - 8 years exp. (9 salaries)	Unlock ₹3.9 L/yr - ₹5.1 L/yr 35% less
IDBI Bank Branch Credit Manager Salary 0 - 9 years exp. (4 salaries)	Unlock ₹8 L/yr - ₹11 L/yr 25% more
Bank of Baroda Branch Credit Manager Salary 7 - 9 years exp. (4 salaries)	Unlock ₹7.5 L/yr - ₹18 L/yr 49% more
City Union Bank Branch Credit Manager Salary 5 - 10 years exp. (4 salaries)	Unlock ₹8.5 L/yr - ₹12 L/yr 38% more
Canara Bank Branch Credit Manager Salary 2 - 14 years exp. (3 salaries)	Unlock ₹13 L/yr - ₹26 L/yr 137% more
South Indian Bank Branch Credit Manager Salary 3 - 10 years exp. (3 salaries)	Unlock ₹9 L/yr - ₹9.5 L/yr 19% more
Karur Vysya Bank Branch Credit Manager Salary 7 - 12 years exp. (3 salaries)	Unlock ₹12 L/yr - ₹13.5 L/yr 66% more

Branch Credit Manager salary at Kotak Mahindra Bank ranges between ₹4.9 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Branch Credit Manager

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4 years exp.

9mo ago

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2 years exp.

1y ago

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1 year exp.

1y ago

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6 years exp.

1y ago

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6 years exp.

1y ago

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3 years exp.

1y ago

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2 years exp.

1y ago

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5 years exp.

1y ago

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6 years exp.

1y ago

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3 years exp.

Experience wise Kotak Mahindra Bank Branch Credit Manager salaries

Last Updated: 16 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹9 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹13.8 L/yr
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2 years (3 salaries)	Unlock ₹4.8 L/yr - ₹13.8 L/yr
3 years (4 salaries)	Unlock ₹5 L/yr - ₹9.5 L/yr
4 years (4 salaries)	Unlock ₹6 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹13.9 L/yr
6 years (4 salaries)	Unlock ₹6 L/yr - ₹9.2 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹14 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Area Credit Manager Salary

(88 salaries)

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₹6.5 L/yr - ₹24.5 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

Regional Credit Manager Salary

(27 salaries)

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₹16.2 L/yr - ₹30 L/yr

Branch Manager Salary

(1k salaries)

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₹7 L/yr - ₹25.56 L/yr

Credit Manager Salary

(1k salaries)

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₹3.75 L/yr - ₹14.5 L/yr

Cluster Credit Manager Salary

(4 salaries)

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₹7 L/yr - ₹13.5 L/yr

Assistant Credit Manager Salary

(22 salaries)

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₹2 L/yr - ₹4.1 L/yr

Senior Credit Officer Salary

(3 salaries)

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₹2.8 L/yr - ₹3.4 L/yr

Chief Manager Salary

(877 salaries)

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₹8.8 L/yr - ₹28 L/yr

Salary related reviews for Kotak Mahindra Bank

4.4

Rated by 2 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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Kotak Mahindra Bank Branch Credit Manager Salary FAQs

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

Branch Credit Manager salary at Kotak Mahindra Bank in India ranges between ₹4.9 Lakhs to ₹9.5 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 44% more than the average Branch Credit Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Branch Credit Manager at Kotak Mahindra Bank is 44% more than the average salary of a Branch Credit Manager in India. To know exact salary insights, login to view.

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

Canara Bank Branch Credit Manager Salary - ₹13.0 Lakhs to ₹26.0 Lakhs per year
Karur Vysya Bank Branch Credit Manager Salary - ₹12.0 Lakhs to ₹13.5 Lakhs per year
Bank of Baroda Branch Credit Manager Salary - ₹7.5 Lakhs to ₹18.0 Lakhs per year
City Union Bank Branch Credit Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year
State Bank of India Branch Credit Manager Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year

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

IDBI Bank Branch Credit Manager Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
South Indian Bank Branch Credit Manager Salary - ₹9.0 Lakhs to ₹9.5 Lakhs per year
Yes Bank Branch Credit Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
Axis Bank Branch Credit Manager Salary - ₹6.5 Lakhs to ₹10.8 Lakhs per year
ICICI Bank Branch Credit Manager Salary - ₹3.4 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Branch Credit Manager at Kotak Mahindra Bank ranges between ₹57,200 per month to ₹58,638 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Branch Credit Manager salary in India which ranges between ₹4.9 Lakhs to ₹9.5 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 Branch Credit Manager at Kotak Mahindra Bank?

According to AmbitionBox, 60% of the Kotak Mahindra Bank Branch Credit Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Branch Credit Manager Salaries by Location

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Kotak Mahindra Bank Branch Credit Manager Salaries

Kotak Mahindra Bank Branch Credit Manager salary in India ranges between ₹4.9 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Branch Credit Manager salaries in India

Companies similar to Kotak Mahindra Bank for Branch Credit Manager

Latest annual salaries shared by Kotak Mahindra Bank Branch Credit Manager

Experience wise Kotak Mahindra Bank Branch Credit Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

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 Branch Credit Manager Salary FAQs

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