Kotak Mahindra Bank New Delhi Credit Analyst Salaries by 40+ Employees (Updated 2024)

1 - 8 years exp.

₹6 Lakhs - ₹14.5 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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Salaries in different departments

Finance & Accounting Credit Analyst Salary 1 - 4 years exp. (18 salaries)	₹5.3 L/yr - ₹12 L/yr
BFSI, Investments & Trading Credit Analyst Salary 1 - 5 years exp. (13 salaries)	₹6.4 L/yr - ₹13 L/yr
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Risk Management & Compliance Credit Analyst Salary 2 - 8 years exp. (3 salaries)	₹6 L/yr - ₹14.5 L/yr

Last Updated: 17 Dec 2024

Companies similar to Kotak Mahindra Bank for Credit Analyst in New Delhi

Kotak Mahindra Bank Credit Analyst Salary

1 - 8 years exp. (42 salaries)

₹6 L/yr - ₹14.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Analyst Salary 0 - 5 years exp. (17 salaries)	₹11.4 L/yr - ₹17 L/yr 25% more
ICICI Bank Credit Analyst Salary 0 - 7 years exp. (46 salaries)	₹6.6 L/yr - ₹18 L/yr 22% more
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Axis Bank Credit Analyst Salary 0 - 8 years exp. (66 salaries)	₹5.4 L/yr - ₹17.2 L/yr 19% more
State Bank of India Credit Analyst Salary 3 - 10 years exp. (15 salaries)	₹9 L/yr - ₹27 L/yr 95% more
Citibank Credit Analyst Salary 1 - 7 years exp. (3 salaries)	₹13.7 L/yr - ₹24 L/yr 79% more
Standard Chartered Credit Analyst Salary 0 - 7 years exp. (27 salaries)	₹5.8 L/yr - ₹19.2 L/yr 35% more	4 job openings
Yes Bank Credit Analyst Salary 2 - 6 years exp. (9 salaries)	₹2.6 L/yr - ₹8.1 L/yr 44% less
IndusInd Bank Credit Analyst Salary 0 - 9 years exp. (83 salaries)	₹4 L/yr - ₹13.1 L/yr 2% more
IDFC FIRST Bank Credit Analyst Salary 0 - 5 years exp. (21 salaries)	₹3.3 L/yr - ₹12.8 L/yr 14% less	1 job opening
RBL Bank Credit Analyst Salary 0 - 1 year exp. (3 salaries)	₹8 L/yr - ₹11 L/yr 15% more
Barclays Credit Analyst Salary 0 - 10 years exp. (24 salaries)	₹5.4 L/yr - ₹22 L/yr 48% more
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Federal Bank Credit Analyst Salary 1 - 7 years exp. (12 salaries)	₹11 L/yr - ₹19 L/yr 57% more
NatWest Group Credit Analyst Salary 1 - 5 years exp. (12 salaries)	₹10 L/yr - ₹14 L/yr 30% more
Bank of Baroda Credit Analyst Salary 0 - 6 years exp. (4 salaries)	₹12 L/yr - ₹16.5 L/yr 63% more
Bank of America Credit Analyst Salary 1 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹5.2 L/yr 53% less
Canara Bank Credit Analyst Salary 10 - 11 years exp. (3 salaries)	₹16.7 L/yr - ₹22 L/yr 112% more
Shinhan Bank Credit Analyst Salary 8 - 10 years exp. (3 salaries)	₹12.3 L/yr - ₹16 L/yr 50% more
Utkarsh Small Finance Bank Credit Analyst Salary 7 - 8 years exp. (3 salaries)	₹8 L/yr - ₹16 L/yr 15% more

Credit Analyst salary at Kotak Mahindra Bank ranges between ₹6 Lakhs to ₹14.5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 42 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Credit Analyst salaries in New Delhi

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
1 year (12 salaries)	₹2.5 L/yr - ₹10 L/yr
2 years (9 salaries)	₹2.3 L/yr - ₹11 L/yr
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3 years (11 salaries)	₹3.1 L/yr - ₹13 L/yr
4 years (7 salaries)	₹3.5 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹17.2 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹11.8 L/yr
7 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
8 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹14.5 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.6k salaries)

₹2 L/yr - ₹8 L/yr

Credit Manager Salary

(158 salaries)

₹3.93 L/yr - ₹15.2 L/yr

Team Lead Salary

(61 salaries)

₹2 L/yr - ₹7.2 L/yr

Business Analyst Salary

(14 salaries)

₹5 L/yr - ₹14.42 L/yr

Accountant Salary

(4 salaries)

₹2.4 L/yr - ₹3.25 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

3.2

Rated by 6 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.

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.

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

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.

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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

2 participants . expiring in 2w

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Kotak Mahindra Bank Credit Analyst Salary FAQs

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

Credit Analyst salary at Kotak Mahindra Bank in New Delhi ranges between ₹6.0 Lakhs to ₹14.5 Lakhs for experience between 1 years to 8 years. According to our estimates it is 4% less than the average Credit Analyst Salary in India. Salary estimates are based on 42 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

How does the salary of a Credit Analyst at Kotak Mahindra Bank New Delhi compare with the average salary range for this job?

The average salary of a Credit Analyst at Kotak Mahindra Bank is 4% less than the average salary of a Credit Analyst in New Delhi. 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 New Delhi.

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

Canara Bank Credit Analyst Salary - ₹16.7 Lakhs to ₹22.0 Lakhs per year
State Bank of India Credit Analyst Salary - ₹9.0 Lakhs to ₹27.0 Lakhs per year
Citibank Credit Analyst Salary - ₹13.7 Lakhs to ₹24.0 Lakhs per year
Bank of Baroda Credit Analyst Salary - ₹12.0 Lakhs to ₹16.5 Lakhs per year
Federal Bank Credit Analyst Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year

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

Shinhan Bank Credit Analyst Salary - ₹12.3 Lakhs to ₹16.0 Lakhs per year
Barclays Credit Analyst Salary - ₹5.4 Lakhs to ₹22.0 Lakhs per year
Standard Chartered Credit Analyst Salary - ₹5.8 Lakhs to ₹19.2 Lakhs per year
NatWest Group Credit Analyst Salary - ₹10.0 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Credit Analyst Salary - ₹11.4 Lakhs to ₹17.0 Lakhs per year

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

The estimated take-home salary of a Credit Analyst at Kotak Mahindra Bank ranges between ₹66,458 per month to ₹68,158 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Credit Analyst salary in India which ranges between ₹6.0 Lakhs to ₹14.5 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 New Delhi?

According to AmbitionBox, 55% of the Kotak Mahindra Bank Credit Analysts in New Delhi reported a notice period of 3 Months, 45% reported a notice period of 1 Month.This is based on 20 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Credit Analyst Salaries in New Delhi

Kotak Mahindra Bank Credit Analyst salary in New Delhi ranges between ₹6 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.