Kotak Mahindra Bank Chennai Credit Analyst Salaries by 3 Employees

1 - 7 years exp.

₹5.9 Lakhs - ₹12.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average Credit Analyst Salary in Banking Companies for 1 - 7 years of experience

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Last Updated: 29 Aug 2024

Companies similar to Kotak Mahindra Bank for Credit Analyst in Chennai

Kotak Mahindra Bank Credit Analyst Salary

1 - 7 years exp. (3 salaries)

₹5.9 L/yr - ₹12.1 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Credit Analyst Salary 0 - 9 years exp. (27 salaries)	₹5.8 L/yr - ₹16 L/yr 16% more	13 job openings
ICICI Bank Credit Analyst Salary 0 - 7 years exp. (24 salaries)	₹5.7 L/yr - ₹13.5 L/yr 20% more
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Axis Bank Credit Analyst Salary 1 - 9 years exp. (23 salaries)	₹7.2 L/yr - ₹15.9 L/yr 31% more	4 job openings
HDFC Bank Credit Analyst Salary 1 - 7 years exp. (13 salaries)	₹8.8 L/yr - ₹10.6 L/yr 2% more
Federal Bank Credit Analyst Salary 1 - 6 years exp. (8 salaries)	₹10 L/yr - ₹18 L/yr 64% more
South Indian Bank Credit Analyst Salary 4 - 10 years exp. (6 salaries)	₹8.5 L/yr - ₹15 L/yr 46% more
Karur Vysya Bank Credit Analyst Salary 0 - 11 years exp. (6 salaries)	₹6 L/yr - ₹17.8 L/yr 15% more
RBL Bank Credit Analyst Salary 1 - 6 years exp. (5 salaries)	₹7 L/yr - ₹13.5 L/yr 37% more
IDFC FIRST Bank Credit Analyst Salary 0 - 5 years exp. (5 salaries)	₹8 L/yr - ₹13.5 L/yr 13% more
Bank of Baroda Credit Analyst Salary 1 - 10 years exp. (5 salaries)	₹12.3 L/yr - ₹22 L/yr 77% more
City Union Bank Credit Analyst Salary 4 - 13 years exp. (5 salaries)	₹6.9 L/yr - ₹22 L/yr 36% more
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IDBI Bank Credit Analyst Salary 5 - 8 years exp. (4 salaries)	₹15 L/yr - ₹26.4 L/yr 129% more
Yes Bank Credit Analyst Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹6.8 L/yr 45% less
Jana Small Finance Bank Credit Analyst Salary 4 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 56% less

Credit Analyst salary at Kotak Mahindra Bank ranges between ₹5.9 Lakhs to ₹12.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Credit Analyst salaries in Chennai

Last Updated: 29 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
2 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
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3 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
4 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
5 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
6 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
7 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(658 salaries)

₹1.8 L/yr - ₹8 L/yr

Credit Manager Salary

(37 salaries)

₹4 L/yr - ₹12.6 L/yr

Team Lead Salary

(16 salaries)

₹2 L/yr - ₹6.75 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

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 2 employees for salary & benefits

Credit Analyst in Bangalore / Bengaluru

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.

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.

Salary - Poor

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 Credit Analyst Salary FAQs

How the salary growth look like for a Credit Analyst at Kotak Mahindra Bank in Chennai?

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

Experience	Average Salary Range
1 year	₹6.1 Lakhs to ₹7.8 Lakhs per year
2 years	₹6.9 Lakhs to ₹8.9 Lakhs per year
3 years	₹7.7 Lakhs to ₹9.9 Lakhs per year
4 years	₹8.5 Lakhs to ₹10.9 Lakhs per year

and so on.

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Kotak Mahindra Bank Credit Analyst Salaries in Chennai

Kotak Mahindra Bank Credit Analyst salary in Chennai ranges between ₹5.9 Lakhs to ₹12.1 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.