Kotak Mahindra Bank Chennai Credit Analyst Salaries by 4 Employees (Updated 2025)

1 - 8 years exp.

₹7.8 Lakhs - ₹12.6 Lakhs

Salary of majority employees

At par with the average Credit Analyst Salary in Banking Companies for 1 - 8 years of experience

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Last Updated: 30 Nov 2024

Companies similar to Kotak Mahindra Bank for Credit Analyst in Chennai

Kotak Mahindra Bank Credit Analyst Salary

1 - 8 years exp. (4 salaries)

₹7.8 L/yr - ₹12.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Analyst Salary 1 - 6 years exp. (11 salaries)	₹9.3 L/yr - ₹10.3 L/yr 4% less
ICICI Bank Credit Analyst Salary 0 - 6 years exp. (24 salaries)	₹5.7 L/yr - ₹13.5 L/yr 5% more
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Axis Bank Credit Analyst Salary 1 - 9 years exp. (22 salaries)	₹6.7 L/yr - ₹15.9 L/yr 11% more	2 job openings
State Bank of India Credit Analyst Salary 3 - 12 years exp. (11 salaries)	₹8.4 L/yr - ₹30 L/yr 74% more
Standard Chartered Credit Analyst Salary 1 - 7 years exp. (20 salaries)	₹5.1 L/yr - ₹17 L/yr 15% more
Yes Bank Credit Analyst Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹6.8 L/yr 43% less	1 job opening
IndusInd Bank Credit Analyst Salary 0 - 9 years exp. (28 salaries)	₹9.3 L/yr - ₹16 L/yr 4% more
IDFC FIRST Bank Credit Analyst Salary 0 - 4 years exp. (6 salaries)	₹8 L/yr - ₹13.5 L/yr 6% less
RBL Bank Credit Analyst Salary 1 - 9 years exp. (6 salaries)	₹7 L/yr - ₹11.7 L/yr 10% more
Federal Bank Credit Analyst Salary 3 - 6 years exp. (7 salaries)	₹10 L/yr - ₹18 L/yr 43% more
Karur Vysya Bank Credit Analyst Salary 0 - 11 years exp. (7 salaries)	₹6 L/yr - ₹17.8 L/yr 3% more
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South Indian Bank Credit Analyst Salary 4 - 10 years exp. (6 salaries)	₹8.5 L/yr - ₹15 L/yr 29% more
Bank of Baroda Credit Analyst Salary 1 - 10 years exp. (5 salaries)	₹12.3 L/yr - ₹22 L/yr 58% more
City Union Bank Credit Analyst Salary 4 - 13 years exp. (5 salaries)	₹6.5 L/yr - ₹20 L/yr 15% more
IDBI Bank Credit Analyst Salary 5 - 8 years exp. (4 salaries)	₹15 L/yr - ₹26.4 L/yr 103% more
Jana Small Finance Bank Credit Analyst Salary 4 - 9 years exp. (3 salaries)	₹3 L/yr - ₹4.2 L/yr 61% less

Credit Analyst salary at Kotak Mahindra Bank ranges between ₹7.8 Lakhs to ₹12.6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Credit Analyst salaries in Chennai

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.1 L/yr - ₹14.1 L/yr
2 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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3 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
4 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
5 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
6 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
7 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹21 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹21 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(661 salaries)

₹1.8 L/yr - ₹8 L/yr

Credit Manager Salary

(39 salaries)

₹3.97 L/yr - ₹13.2 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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Credit Analyst Salary FAQs

What is the salary of Credit Analyst at Kotak Mahindra Bank Chennai?

Credit Analyst salary at Kotak Mahindra Bank in Chennai ranges between ₹7.8 Lakhs to ₹12.6 Lakhs for experience between 1 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

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 Chennai.

Which similar companies are paying more than Kotak Mahindra Bank to a Credit Analyst in Chennai?

IDBI Bank Credit Analyst Salary - ₹15.0 Lakhs to ₹26.4 Lakhs per year
State Bank of India Credit Analyst Salary - ₹8.4 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda Credit Analyst Salary - ₹12.3 Lakhs to ₹22.0 Lakhs per year
Federal Bank Credit Analyst Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
South Indian Bank Credit Analyst Salary - ₹8.5 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Credit Analyst in companies similar to Kotak Mahindra Bank in Chennai?

Standard Chartered Credit Analyst Salary - ₹5.1 Lakhs to ₹17.0 Lakhs per year
City Union Bank Credit Analyst Salary - ₹6.5 Lakhs to ₹20.0 Lakhs per year
Axis Bank Credit Analyst Salary - ₹6.7 Lakhs to ₹15.9 Lakhs per year
RBL Bank Credit Analyst Salary - ₹7.0 Lakhs to ₹11.7 Lakhs per year
ICICI Bank Credit Analyst Salary - ₹5.7 Lakhs to ₹13.5 Lakhs per year

What is the estimated take home salary of a Credit Analyst at Kotak Mahindra Bank in Chennai?

The estimated take-home salary of a Credit Analyst at Kotak Mahindra Bank ranges between ₹73,476 per month to ₹75,374 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Credit Analyst salary in India which ranges between ₹7.8 Lakhs to ₹12.6 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Analyst at Kotak Mahindra Bank in Chennai?

According to AmbitionBox, 71% of the Kotak Mahindra Bank Credit Analysts in Chennai reported a notice period of 3 Months, 29% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Credit Analyst Salaries in Chennai

Kotak Mahindra Bank Credit Analyst salary in Chennai ranges between ₹7.8 Lakhs to ₹12.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.