Kotak Mahindra Bank Bangalore / Bengaluru Credit Associate Salaries by 10+ Employees (Updated 2025)

0 - 5 years exp.

₹2 Lakhs - ₹3 Lakhs

Salary of majority employees

68% less than the average Credit Associate Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Associate Salary 1 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr
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Finance & Accounting Credit Associate Salary 0 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr

Last Updated: 8 Nov 2024

Companies similar to Kotak Mahindra Bank for Credit Associate in Bangalore / Bengaluru

Kotak Mahindra Bank Credit Associate Salary

0 - 5 years exp. (14 salaries)

₹2 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Credit Associate Salary 2 - 5 years exp. (12 salaries)	₹20 L/yr - ₹29.3 L/yr 1006% more	1 job opening
Acuity Knowledge Partners Credit Associate Salary 1 - 4 years exp. (10 salaries)	₹5.4 L/yr - ₹9 L/yr 145% more
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OTO Capital Credit Associate Salary 2 - 4 years exp. (6 salaries)	₹3 L/yr - ₹4 L/yr 40% more
HSBC Group Credit Associate Salary 2 - 7 years exp. (6 salaries)	₹14.5 L/yr - ₹20 L/yr 588% more
ITC Hotels Credit Associate Salary 0 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹5 L/yr 26% more

Credit Associate salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 14 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Credit Associate salaries in Bangalore / Bengaluru

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2.3 L/yr - ₹2.8 L/yr
1 year (3 salaries)	₹2.5 L/yr - ₹3 L/yr
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2 years (4 salaries)	₹2.2 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

View all

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Analyst Salary

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Senior Process Associate Salary

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₹3.48 L/yr - ₹5 L/yr

Salary related reviews for Kotak Mahindra Bank

1.0

Rated by 1 employees for salary & benefits

Credit Associate in Nagpur

Full Time

Other Department

2.0

• posted on 14 Feb 2023

1.0

for Salary and Benefits

Likes

Overall good mentor is good... Work is also ok... Bosses are good in nature

Company culture - Good

Dislikes

There is no salary hike in last 4 year... No growth in position.... Working in same salary & in same position from last 4 year

Salary - Bad

+2 more

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

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank Credit Associate Salary FAQs

What is the salary of Credit Associate at Kotak Mahindra Bank Bangalore / Bengaluru?

Credit Associate salary at Kotak Mahindra Bank in Bangalore / Bengaluru ranges between ₹2.0 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 68% less than the average Credit Associate Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Kotak Mahindra Bank Bangalore / Bengaluru.

How does the salary of a Credit Associate at Kotak Mahindra Bank Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Credit Associate at Kotak Mahindra Bank is 68% less than the average salary of a Credit Associate in Bangalore / Bengaluru. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Credit Associate in Bangalore / Bengaluru?

JPMorgan Chase & Co. Credit Associate Salary - ₹20.0 Lakhs to ₹29.3 Lakhs per year
HSBC Group Credit Associate Salary - ₹14.5 Lakhs to ₹20.0 Lakhs per year
Acuity Knowledge Partners Credit Associate Salary - ₹5.4 Lakhs to ₹9.0 Lakhs per year
OTO Capital Credit Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
ITC Hotels Credit Associate Salary - ₹2.3 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Credit Associate at Kotak Mahindra Bank in Bangalore / Bengaluru?

The estimated take-home salary of a Credit Associate at Kotak Mahindra Bank ranges between ₹17,922 per month to ₹19,617 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindra Bank Credit Associate salary in India which ranges between ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Credit Associate at Kotak Mahindra Bank in Bangalore / Bengaluru?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Credit Associates in Bangalore / Bengaluru reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Credit Associate Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank Credit Associate salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Credit Associate salaries in Bangalore / Bengaluru

Companies similar to Kotak Mahindra Bank for Credit Associate in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Mahindra Bank Credit Associate in Bangalore / Bengaluru

Experience wise Kotak Mahindra Bank Credit Associate salaries in Bangalore / Bengaluru

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Credit Associate in Nagpur

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Deputy Manager in Kolkata

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Kotak Mahindra Bank Credit Associate Salary FAQs

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