Kotak Mahindra Bank Mumbai Chief Manager Credit Salaries by 2 Employees

6 - 8 years exp.

₹12.3 Lakhs - ₹15.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

Interested in this particular role?

Last Updated: 13 Mar 2023

Companies similar to Kotak Mahindra Bank for Chief Manager Credit in Mumbai

Kotak Mahindra Bank Chief Manager Credit Salary

6 - 8 years exp. (AmbitionBox Estimate)

₹12.3 L/yr - ₹15.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Bank of Baroda Chief Manager Credit Salary 8 - 14 years exp. (14 salaries)	₹15 L/yr - ₹37 L/yr 100% more
Union Bank of India Chief Manager Credit Salary 10 - 15 years exp. (5 salaries)	₹18 L/yr - ₹30 L/yr 100% more
Login to view exact salary
ICICI Bank Chief Manager Credit Salary 5 - 9 years exp. (3 salaries)	₹17.8 L/yr - ₹19.5 L/yr 34% more
IDFC FIRST Bank Chief Manager Credit Salary 12 - 14 years exp. (3 salaries)	₹13 L/yr - ₹14.5 L/yr 1% less
Punjab National Bank Chief Manager Credit Salary 8 - 14 years exp. (7 salaries)	₹20 L/yr - ₹35.4 L/yr 115% more

Chief Manager Credit salary at Kotak Mahindra Bank ranges between ₹12.3 Lakhs to ₹15.8 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

Relationship Manager Salary

(459 salaries)

₹1.5 L/yr - ₹10 L/yr

Deputy Vice President Salary

(301 salaries)

₹16 L/yr - ₹50.3 L/yr

Credit Manager Salary

(232 salaries)

₹3.75 L/yr - ₹13 L/yr

Service Officer Salary

(224 salaries)

₹1.7 L/yr - ₹4.27 L/yr

Branch Relationship Manager Salary

(186 salaries)

₹3.5 L/yr - ₹10 L/yr

Branch Manager Salary

(142 salaries)

₹10 L/yr - ₹30 L/yr

Service Delivery Officer Salary

(74 salaries)

₹3 L/yr - ₹6.05 L/yr

Branch Sales Manager Salary

(68 salaries)

₹3.8 L/yr - ₹10.25 L/yr

Senior Manager Credit Salary

(65 salaries)

₹7 L/yr - ₹15 L/yr

Credit Processing Associate Salary

(38 salaries)

₹1.58 L/yr - ₹4 L/yr

Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

malleshkuruva

works at

Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Chief Manager Credit Salary FAQs

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

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

Experience	Average Salary Range
6 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
7 years	₹12.5 Lakhs to ₹16.0 Lakhs per year
8 years	₹12.4 Lakhs to ₹15.9 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Chief Manager Credit Salaries >
Kotak Mahindra Bank Chief Manager Credit Salaries in Mumbai

Kotak Mahindra Bank Chief Manager Credit salary in Mumbai ranges between ₹12.3 Lakhs to ₹15.8 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Chief Manager Credit salaries in Mumbai

Companies similar to Kotak Mahindra Bank for Chief Manager Credit in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Senior Relationship Manager in Ranchi

Deputy Vice President in Indore

Branch Relationship Manager in Kolkata

Deputy Branch Manager in Ahmedabad

Cluster Head in Shivamogga

Kotak Mahindra Bank Chief Manager Credit Salary FAQs

Tell us how to improve this page.