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Kotak Mahindra Bank Credit Analyst salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹5.9 Lakhs - ₹16.2 Lakhs
Salary of majority employees
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11% more than the average Credit Analyst Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Analyst Salary
0 - 8 years exp. (84 salaries)
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₹8 L/yr - ₹21 L/yr

Finance & Accounting
Credit Analyst Salary
0 - 7 years exp. (80 salaries)
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₹2.5 L/yr - ₹12.5 L/yr

Risk Management & Compliance
Credit Analyst Salary
0 - 8 years exp. (18 salaries)
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₹5.5 L/yr - ₹15 L/yr

Last Updated: 7 Mar 2025

Companies similar to Kotak Mahindra Bank for Credit Analyst

Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Analyst Salary

0 - 6 years exp. (166 salaries)

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₹4.5 L/yr - ₹18.5 L/yr

arrow icon 13% more
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ICICI Bank Credit Analyst Salary

0 - 6 years exp. (373 salaries)

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₹5.3 L/yr - ₹18 L/yr

arrow icon 10% more
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Axis Bank Credit Analyst Salary

0 - 9 years exp. (435 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 19% more
1 job opening
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State Bank of India Credit Analyst Salary

3 - 13 years exp. (93 salaries)

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₹8.2 L/yr - ₹30 L/yr

arrow icon 86% more
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Standard Chartered Credit Analyst Salary

1 - 7 years exp. (167 salaries)

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₹5 L/yr - ₹19.6 L/yr

arrow icon 25% more
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Yes Bank Credit Analyst Salary

1 - 6 years exp. (60 salaries)

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₹1.8 L/yr - ₹10 L/yr

arrow icon 40% less
1 job opening
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IndusInd Bank Credit Analyst Salary

0 - 10 years exp. (340 salaries)

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₹4.1 L/yr - ₹18 L/yr

arrow icon 3% more
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IDFC FIRST Bank Credit Analyst Salary

0 - 4 years exp. (68 salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 10% less
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RBL Bank Credit Analyst Salary

1 - 9 years exp. (30 salaries)

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₹4.3 L/yr - ₹17.3 L/yr

arrow icon 7% more
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Federal Bank Credit Analyst Salary

1 - 6 years exp. (66 salaries)

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₹8 L/yr - ₹19 L/yr

arrow icon 44% more
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Bank of Baroda Credit Analyst Salary

0 - 10 years exp. (47 salaries)

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₹9 L/yr - ₹22.5 L/yr

arrow icon 49% more
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Karur Vysya Bank Credit Analyst Salary

0 - 11 years exp. (45 salaries)

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₹6 L/yr - ₹18 L/yr

arrow icon 3% more
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South Indian Bank Credit Analyst Salary

4 - 10 years exp. (39 salaries)

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₹8.3 L/yr - ₹18.5 L/yr

arrow icon 36% more
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IDBI Bank Credit Analyst Salary

0 - 16 years exp. (26 salaries)

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₹10 L/yr - ₹30 L/yr

arrow icon 111% more
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₹6.5 L/yr - ₹16 L/yr

arrow icon 18% more
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₹4.5 L/yr - ₹19.5 L/yr

arrow icon 12% more
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City Union Bank Credit Analyst Salary

2 - 13 years exp. (17 salaries)

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₹4.7 L/yr - ₹19.9 L/yr

arrow icon 17% more
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Bandhan Bank Credit Analyst Salary

0 - 12 years exp. (16 salaries)

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₹5.9 L/yr - ₹16.4 L/yr

arrow icon 15% more
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Canara Bank Credit Analyst Salary

8 - 12 years exp. (12 salaries)

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₹10.5 L/yr - ₹24 L/yr

arrow icon 84% more
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Shinhan Bank Credit Analyst Salary

0 - 10 years exp. (10 salaries)

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₹5 L/yr - ₹16 L/yr

arrow icon 6% more
View all
Credit Analyst salary at Kotak Mahindra Bank ranges between ₹5.9 Lakhs to ₹16.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 242 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Credit Analyst

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Experience wise Kotak Mahindra Bank Credit Analyst salaries

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
Fresher  (12 salaries)

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₹2.6 L/yr - ₹10.8 L/yr
1 year  (47 salaries)

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₹1.9 L/yr - ₹11.9 L/yr
2 years  (54 salaries)

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₹3.1 L/yr - ₹14 L/yr
3 years  (54 salaries)

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₹3.5 L/yr - ₹14.9 L/yr
4 years  (37 salaries)

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₹3.9 L/yr - ₹16.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Senior Analyst Salary
(10 salaries)
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₹4.3 L/yr - ₹12.5 L/yr
Credit Manager Salary
(1k salaries)
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₹3.75 L/yr - ₹14.5 L/yr
Analyst Salary
(26 salaries)
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₹2.41 L/yr - ₹12 L/yr
Research Analyst Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
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₹2.5 L/yr - ₹8 L/yr
Business Analyst Salary
(308 salaries)
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₹4.5 L/yr - ₹19 L/yr
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₹1.6 L/yr - ₹9.7 L/yr
Team Lead Salary
(417 salaries)
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₹1.55 L/yr - ₹6.79 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
Accountant Salary
(67 salaries)
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₹1.55 L/yr - ₹4.6 L/yr

Top skills at Kotak Mahindra Bank for Credit Analyst

Credit Appraisal Credit Analysis Credit Underwriting Written Communication Presentation Skills Wholesale banking Action Plan mba Credit Appraisal Credit Underwriting Credit Risk Credit Analysis Credit Rating Ca Working Capital
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Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 36 employees for salary & benefits

Wholesale Banking Department

4.0
  •  posted on 28 May 2022

2.0
 for  Salary and Benefits

Likes

In terms of other Indian Banks, Kotak is far better when it comes to Work Life Balance and Work Culture. People are much more professional here. You would love it if you become a part of the wholesale banking group.

read more
  • Skill development - Good
  • +4 more

Dislikes

Pay is on the lower side with low hikes and bonuses. Even promotions are based on the biasness and not the skill of employees.

read more
  • Salary - Poor

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.

read more
  • Salary - Bad

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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Kotak Mahindra Bank Credit Analyst Salary FAQs

What is the salary of Credit Analyst at Kotak Mahindra Bank?
Credit Analyst salary at Kotak Mahindra Bank in India ranges between ₹5.9 Lakhs to ₹16.2 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 11% more than the average Credit Analyst Salary in India. Salary estimates are based on 242 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Credit Analyst at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Credit Analyst at Kotak Mahindra Bank is 11% more than the average salary of a Credit Analyst in India. To know exact salary insights, login to view.
What are the top skills required to work as a Credit Analyst at Kotak Mahindra Bank?
Credit Appraisal, Credit Analysis, Credit Underwriting, Written Communication and Presentation Skills are some of the popular skills required to work as a Credit Analyst at Kotak Mahindra Bank India.
Which similar companies are paying more than Kotak Mahindra Bank to a Credit Analyst in India?
  • IDBI Bank Credit Analyst Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
  • State Bank of India Credit Analyst Salary - ₹8.2 Lakhs to ₹30.0 Lakhs per year
  • Canara Bank Credit Analyst Salary - ₹10.5 Lakhs to ₹24.0 Lakhs per year
  • Union Bank of India Credit Analyst Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
  • Bank of Baroda Credit Analyst Salary - ₹9.0 Lakhs to ₹22.5 Lakhs per year
What is the salary of a Credit Analyst in companies similar to Kotak Mahindra Bank in India?
  • Federal Bank Credit Analyst Salary - ₹8.0 Lakhs to ₹19.0 Lakhs per year
  • South Indian Bank Credit Analyst Salary - ₹8.3 Lakhs to ₹18.5 Lakhs per year
  • Standard Chartered Credit Analyst Salary - ₹5.0 Lakhs to ₹19.6 Lakhs per year
  • Axis Bank Credit Analyst Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
  • HSBC Global Banking and Markets Credit Analyst Salary - ₹6.5 Lakhs to ₹16.0 Lakhs per year
What is the estimated take home salary of a Credit Analyst at Kotak Mahindra Bank in India?
The estimated take-home salary of a Credit Analyst at Kotak Mahindra Bank ranges between ₹70,378 per month to ₹72,189 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Credit Analyst salary in India which ranges between ₹5.9 Lakhs to ₹16.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Credit Analyst at Kotak Mahindra Bank?
According to AmbitionBox, 49% of the Kotak Mahindra Bank Credit Analysts reported a notice period of 3 Months, 42% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 143 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Credit Analyst salary in India ranges between ₹5.9 Lakhs to ₹16.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 242 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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