Kotak Mahindra Bank Jaipur Credit Manager Salaries by 30+ Employees (Updated 2024)

0 - 7 years exp.

₹4.4 Lakhs - ₹11 Lakhs

Salary of majority employees

15% more than the average Credit Manager Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 7 years exp. (14 salaries)	₹6 L/yr - ₹11 L/yr
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BFSI, Investments & Trading Credit Manager Salary 0 - 6 years exp. (12 salaries)	₹4.4 L/yr - ₹9.7 L/yr

Last Updated: 21 Nov 2024

Companies similar to Kotak Mahindra Bank for Credit Manager in Jaipur

Kotak Mahindra Bank Credit Manager Salary

0 - 7 years exp. (30 salaries)

₹4.4 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (161 salaries)	₹3.5 L/yr - ₹12.9 L/yr 5% less	3 job openings
ICICI Bank Credit Manager Salary 0 - 8 years exp. (149 salaries)	₹4.2 L/yr - ₹13.8 L/yr 11% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (35 salaries)	₹6 L/yr - ₹13 L/yr 7% more
Yes Bank Credit Manager Salary 1 - 9 years exp. (21 salaries)	₹5.2 L/yr - ₹14.7 L/yr 7% more	2 job openings
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (35 salaries)	₹3.5 L/yr - ₹10.9 L/yr 10% less	1 job opening
RBL Bank Credit Manager Salary 4 - 8 years exp. (5 salaries)	₹4.2 L/yr - ₹9 L/yr 32% less
Bandhan Bank Credit Manager Salary 0 - 9 years exp. (16 salaries)	₹3 L/yr - ₹10.4 L/yr 27% less

Credit Manager salary at Kotak Mahindra Bank ranges between ₹4.4 Lakhs to ₹11 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 30 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Credit Manager salaries in Jaipur

Last Updated: 21 Nov 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹4.4 L/yr - ₹16.1 L/yr
1 year (5 salaries)	₹3.6 L/yr - ₹11 L/yr
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2 years (5 salaries)	₹5.9 L/yr - ₹10.6 L/yr
3 years (5 salaries)	₹6 L/yr - ₹9.7 L/yr
4 years (4 salaries)	₹6 L/yr - ₹11 L/yr
5 years (3 salaries)	₹7.5 L/yr - ₹16.1 L/yr
6 years (3 salaries)	₹6.5 L/yr - ₹9.1 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹16.1 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary

(32 salaries)

₹6.1 L/yr - ₹21.5 L/yr

Sales Manager Salary

(28 salaries)

₹2.1 L/yr - ₹9.7 L/yr

Chief Manager Salary

(16 salaries)

₹10.15 L/yr - ₹18.55 L/yr

Credit Analyst Salary

(8 salaries)

₹5.98 L/yr - ₹17.5 L/yr

Credit Officer Salary

(6 salaries)

₹2.2 L/yr - ₹3.6 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

2.9

Rated by 3 employees for salary & benefits

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

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

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

3 participants . expiring in 2w

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Kotak Mahindra Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Kotak Mahindra Bank Jaipur?

Credit Manager salary at Kotak Mahindra Bank in Jaipur ranges between ₹4.4 Lakhs to ₹11.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 15% more than the average Credit Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Kotak Mahindra Bank Jaipur.

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

The average salary of a Credit Manager at Kotak Mahindra Bank is 15% more than the average salary of a Credit Manager in Jaipur. 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 Jaipur.

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

ICICI Bank Credit Manager Salary - ₹4.2 Lakhs to ₹13.8 Lakhs per year
Axis Bank Credit Manager Salary - ₹6.0 Lakhs to ₹13.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹5.2 Lakhs to ₹14.7 Lakhs per year

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

HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹12.9 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.5 Lakhs to ₹10.9 Lakhs per year
Bandhan Bank Credit Manager Salary - ₹3.0 Lakhs to ₹10.4 Lakhs per year
RBL Bank Credit Manager Salary - ₹4.2 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Kotak Mahindra Bank ranges between ₹65,147 per month to ₹66,810 per month in Jaipur. The take-home salary calculation is based on the average Kotak Mahindra Bank Credit Manager salary in India which ranges between ₹4.4 Lakhs to ₹11.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Kotak Mahindra Bank in Jaipur?

According to AmbitionBox, 89% of the Kotak Mahindra Bank Credit Managers in Jaipur reported a notice period of 3 Months, 11% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Credit Manager Salaries in Jaipur

Kotak Mahindra Bank Credit Manager salary in Jaipur ranges between ₹4.4 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.