Kotak Mahindra Bank New Delhi Credit Associate Salaries by 2 Employees

Select experience

₹2.3 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 17 Mar 2023

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

Kotak Mahindra Bank Credit Associate Salary

3 years exp. (AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Credit Associate Salary 2 - 3 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 14% more
Acuity Knowledge Partners Credit Associate Salary 1 - 4 years exp. (9 salaries)	₹5 L/yr - ₹7 L/yr 132% more
Login to view exact salary
Ivangel Sales & Services Credit Associate Salary 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr 5% less
Muthoot Homefin India Credit Associate Salary 1 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹3 L/yr 7% more
Hero FinCorp Credit Associate Salary 5 - 6 years exp. (3 salaries)	₹4.8 L/yr - ₹7.2 L/yr 96% more

Credit Associate salary at Kotak Mahindra Bank ranges between ₹2.3 Lakhs to ₹3 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.6k salaries)

₹2 L/yr - ₹8.5 L/yr

Team Lead Salary

(63 salaries)

₹2 L/yr - ₹7.2 L/yr

Senior Associate Salary

(21 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Finance Executive Salary

(18 salaries)

₹1.92 L/yr - ₹4 L/yr

Accountant Salary

(4 salaries)

₹2.4 L/yr - ₹3.25 L/yr

Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 2 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

malleshkuruva

works at

Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Credit Associate Salary FAQs

How the salary growth look like for a Credit Associate at Kotak Mahindra Bank in New Delhi?

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

Experience	Average Salary Range
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Credit Associate Salaries >
Kotak Mahindra Bank Credit Associate Salaries in New Delhi

Kotak Mahindra Bank Credit Associate salary in New Delhi ranges between ₹2.3 Lakhs to ₹3 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.