Kotak Mahindra Bank Gurgaon / Gurugram Credit Manager Salaries by 30+ Employees (Updated 2025)

0 - 8 years exp.

₹4.2 Lakhs - ₹14.5 Lakhs

Salary of majority employees

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At par with the average Credit Manager Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 8 years exp. (21 salaries)	Unlock ₹4.5 L/yr - ₹12 L/yr
BFSI, Investments & Trading Credit Manager Salary 0 - 6 years exp. (12 salaries)	Unlock ₹4.2 L/yr - ₹14.5 L/yr
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Risk Management & Compliance Credit Manager Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹9.3 L/yr

Last Updated: 1 Mar 2025

Companies similar to Kotak Mahindra Bank for Credit Manager in Gurgaon / Gurugram

Kotak Mahindra Bank Credit Manager Salary

0 - 8 years exp. (37 salaries)

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₹4.2 L/yr - ₹14.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Manager Salary 0 - 8 years exp. (113 salaries)	Unlock ₹4.8 L/yr - ₹17 L/yr 18% more
IndusInd Bank Credit Manager Salary 5 - 9 years exp. (5 salaries)	Unlock ₹6 L/yr - ₹11.3 L/yr 5% less	1 job opening
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RBL Bank Credit Manager Salary 4 - 8 years exp. (3 salaries)	Unlock ₹5.3 L/yr - ₹8.2 L/yr 30% less
Bank of Baroda Credit Manager Salary 4 - 13 years exp. (8 salaries)	Unlock ₹13 L/yr - ₹20 L/yr 91% more
IDBI Bank Credit Manager Salary 13 - 17 years exp. (3 salaries)	Unlock ₹18 L/yr - ₹23 L/yr 117% more

Credit Manager salary at Kotak Mahindra Bank ranges between ₹4.2 Lakhs to ₹14.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 37 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Credit Manager in Gurgaon / Gurugram

1w ago

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7 years exp.

2w ago

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2 years exp.

1mo ago

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1 year exp.

5mo ago

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1 year exp.

5mo ago

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2 years exp.

6mo ago

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4 years exp.

6mo ago

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6 years exp.

8mo ago

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5 years exp.

8mo ago

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3 years exp.

9mo ago

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2 years exp.

Experience wise Kotak Mahindra Bank Credit Manager salaries in Gurgaon / Gurugram

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹16.8 L/yr
1 year (5 salaries)	Unlock ₹6 L/yr - ₹12 L/yr
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2 years (8 salaries)	Unlock ₹4.5 L/yr - ₹12 L/yr
3 years (8 salaries)	Unlock ₹6 L/yr - ₹16.6 L/yr
4 years (3 salaries)	Unlock ₹7 L/yr - ₹16.6 L/yr
5 years (4 salaries)	Unlock ₹7.5 L/yr - ₹14.5 L/yr
6 years (4 salaries)	Unlock ₹4.2 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹10.5 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹3.7 L/yr - ₹9.7 L/yr

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From

Credit Manager

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0 - 11 years exp.

Location Credit Manager

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5 - 12 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(319 salaries)

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₹2.25 L/yr - ₹7.5 L/yr

Branch Manager Salary

(33 salaries)

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₹8.5 L/yr - ₹23.1 L/yr

Chief Manager Salary

(16 salaries)

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₹10.5 L/yr - ₹28 L/yr

Credit Analyst Salary

(8 salaries)

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₹5.72 L/yr - ₹13.4 L/yr

Credit Officer Salary

(4 salaries)

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₹2.64 L/yr - ₹3.3 L/yr

Top skills at Kotak Mahindra Bank for Credit Manager

Credit Management Credit Underwriting Credit Analysis Chartered Accountant Credit Banking Ca Credit Appraisal Underwriting Working Capital Credit Risk Business Loan Construction Equipment Commercial Vehicle Credit Management

Salary related reviews for Kotak Mahindra Bank

Credit Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 23 Sep 2023

1.0

for Salary and Benefits

Likes

Skill Development and Learning

Skill development - Good

Dislikes

No Work-Life balance,no Salary & Benefits,not happy with Promotions / Appraisal,no Work Satisfaction,I don't kwon Company Culture, but department culture is veridis happy

Salary - Bad

+5 more

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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Kotak Mahindra Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Kotak Mahindra Bank Gurgaon / Gurugram?

Credit Manager salary at Kotak Mahindra Bank in Gurgaon / Gurugram ranges between ₹4.2 Lakhs to ₹14.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 2% less than the average Credit Manager Salary in India. Salary estimates are based on 37 latest salaries received from various employees of Kotak Mahindra Bank Gurgaon / Gurugram.

How does the salary of a Credit Manager at Kotak Mahindra Bank Gurgaon / Gurugram compare with the average salary range for this job?

The average salary of a Credit Manager at Kotak Mahindra Bank is 2% less than the average salary of a Credit Manager in Gurgaon / Gurugram. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Kotak Mahindra Bank?

Credit Management, Credit Underwriting, Credit Analysis, Chartered Accountant and Credit are some of the popular skills required to work as a Credit Manager at Kotak Mahindra Bank Gurgaon / Gurugram.

Which similar companies are paying more than Kotak Mahindra Bank to a Credit Manager in Gurgaon / Gurugram?

IDBI Bank Credit Manager Salary - ₹18.0 Lakhs to ₹23.0 Lakhs per year
Bank of Baroda Credit Manager Salary - ₹13.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.8 Lakhs to ₹17.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Kotak Mahindra Bank in Gurgaon / Gurugram?

IndusInd Bank Credit Manager Salary - ₹6.0 Lakhs to ₹11.3 Lakhs per year
RBL Bank Credit Manager Salary - ₹5.3 Lakhs to ₹8.2 Lakhs per year

What is the estimated take home salary of a Credit Manager at Kotak Mahindra Bank in Gurgaon / Gurugram?

The estimated take-home salary of a Credit Manager at Kotak Mahindra Bank ranges between ₹66,848 per month to ₹68,558 per month in Gurgaon / Gurugram. The take-home salary calculation is based on the average Kotak Mahindra Bank Credit Manager salary in India which ranges between ₹4.2 Lakhs to ₹14.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Kotak Mahindra Bank in Gurgaon / Gurugram?

According to AmbitionBox, 53% of the Kotak Mahindra Bank Credit Managers in Gurgaon / Gurugram reported a notice period of 3 Months, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Credit Manager Salaries in Gurgaon / Gurugram

Kotak Mahindra Bank Credit Manager salary in Gurgaon / Gurugram ranges between ₹4.2 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Credit Manager salaries in Gurgaon / Gurugram (Updated 2025)

Companies similar to Kotak Mahindra Bank for Credit Manager in Gurgaon / Gurugram

Latest annual salaries shared by Kotak Mahindra Bank Credit Manager in Gurgaon / Gurugram

Experience wise Kotak Mahindra Bank Credit Manager salaries in Gurgaon / Gurugram

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Credit Manager

Salary related reviews for Kotak Mahindra Bank

Credit Manager in Mumbai

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Credit Manager Salary FAQs

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