Average annual salary for most employees Fixed vs. variable pay breakdown Estimated monthly take-home salary12% more than the average Credit Manager Salary in Banking Companies for 0 - 11 years of experience
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Salaries in different departments
BFSI, Investments & Trading
Credit Manager Salary
0 - 10
years
exp.
(96
salaries)
|  ₹4 L/yr - ₹13 L/yr |
Finance & Accounting
Credit Manager Salary
0 - 10
years
exp.
(74
salaries)
| ₹4.7 L/yr - ₹13 L/yr |
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| |
Risk Management & Compliance
Credit Manager Salary
1 - 9
years
exp.
(10
salaries)
| ₹4.2 L/yr - ₹9.3 L/yr |
Companies similar to Kotak Mahindra Bank for Credit Manager in Mumbai
Kotak Mahindra Bank
Credit Manager Salary
0 - 11 years exp. (234 salaries) |  ₹3.8 L/yr - ₹13 L/yr |
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Bank Credit Manager Salary
0 - 11 years exp. (557 salaries) | ₹4 L/yr - ₹17.4 L/yr 
9%
more | |
 HDFC Bank Credit Manager Salary
0 - 12 years exp. (449 salaries) | ₹4 L/yr - ₹15 L/yr
3%
more | 12 job openings |
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| ||
 IDFC FIRST Bank Credit Manager Salary
0 - 10 years exp. (211 salaries) | ₹3 L/yr - ₹13 L/yr 
14%
less | |
 Axis Bank Credit Manager Salary
0 - 12 years exp. (150 salaries) | ₹3.7 L/yr - ₹15 L/yr
2%
less | |
 Yes Bank Credit Manager Salary
1 - 12 years exp. (74 salaries) | ₹4.6 L/yr - ₹16.2 L/yr
1%
less | 1 job opening |
 IndusInd Bank Credit Manager Salary
2 - 12 years exp. (36 salaries) | ₹3.6 L/yr - ₹13.9 L/yr
14%
less | 9 job openings |
 Federal Bank Credit Manager Salary
2 - 12 years exp. (30 salaries) | ₹11 L/yr - ₹19 L/yr
74%
more | |
 RBL Bank Credit Manager Salary
2 - 10 years exp. (25 salaries) | ₹3 L/yr - ₹11.7 L/yr
13%
less | |
 Bank of Baroda Credit Manager Salary
4 - 12 years exp. (24 salaries) | ₹10 L/yr - ₹19 L/yr
85%
more | |
 IDBI Bank Credit Manager Salary
3 - 17 years exp. (13 salaries) | ₹12 L/yr - ₹28.9 L/yr
126%
more | |
 Utkarsh Small Finance Bank Credit Manager Salary
3 - 9 years exp. (12 salaries) | ₹3.9 L/yr - ₹7.5 L/yr
46%
less | 2 job openings |
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| ||
 Karur Vysya Bank Credit Manager Salary
1 - 11 years exp. (10 salaries) | ₹7 L/yr - ₹16 L/yr
13%
more | |
 Jana Small Finance Bank Credit Manager Salary
2 - 10 years exp. (9 salaries) | ₹2.4 L/yr - ₹9 L/yr
43%
less | |
 The Saraswat Co-operative Bank Credit Manager Salary
1 - 12 years exp. (7 salaries) | ₹7 L/yr - ₹11.5 L/yr
2%
less | |
 Central Bank of India Credit Manager Salary
2 - 7 years exp. (5 salaries) | ₹11.4 L/yr - ₹16 L/yr
53%
more | |
 Canara Bank Credit Manager Salary
7 - 12 years exp. (4 salaries) | ₹13 L/yr - ₹19.4 L/yr
107%
more | |
 Union Bank of India Credit Manager Salary
6 - 11 years exp. (4 salaries) | ₹10 L/yr - ₹19 L/yr
65%
more | |
 Shinhan Bank Credit Manager Salary
6 - 11 years exp. (4 salaries) | ₹8.5 L/yr - ₹12 L/yr
10%
more | |
Latest annual salaries shared by Kotak Mahindra Bank Credit Manager in Mumbai
Experience wise Kotak Mahindra Bank Credit Manager salaries in Mumbai
Last Updated: 29 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| Fresher (12 salaries) |
₹4
L/yr
- ₹12
L/yr
|
| 1 year (26 salaries) |
₹3.8
L/yr
- ₹12
L/yr
|
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| |
| 2 years (31 salaries) |
₹3.7
L/yr
- ₹12
L/yr
|
| 3 years (41 salaries) |
₹4.2
L/yr
- ₹13
L/yr
|
| 4 years (40 salaries) |
₹4.3
L/yr
- ₹12.3
L/yr
|
From
To
Credit Manager
0 - 10 years exp.
Location Credit Manager
5 - 12 years exp.
Similar Designation salaries in Kotak Mahindra Bank
Top skills at Kotak Mahindra Bank for Credit Manager
Salary related reviews for Kotak Mahindra Bank
Discover interview dos and don'ts from real experiences
What people are saying about Kotak Mahindra Bank
Kotak Mahindra Bank Credit Manager Salary FAQs
The top 10% of Credit Manager in Mumbai at Kotak Mahindra Bank earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Credit Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.
These estimates are based on salary data submitted by 200+ Kotak Mahindra Bank employees in India.
- - Credit Management
- - Credit Underwriting
- - Credit Analysis
- - Chartered Accountant
- - Credit
These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
| IDBI Bank | ₹12.0 Lakhs to ₹28.9 Lakhs per year |
| Canara Bank | ₹13.0 Lakhs to ₹19.4 Lakhs per year |
| Bank of Baroda | ₹10.0 Lakhs to ₹19.0 Lakhs per year |
| Federal Bank | ₹11.0 Lakhs to ₹19.0 Lakhs per year |
| Union Bank of India | ₹10.0 Lakhs to ₹19.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
| Central Bank of India | ₹11.4 Lakhs to ₹16.0 Lakhs per year |
| Karur Vysya Bank | ₹7.0 Lakhs to ₹16.0 Lakhs per year |
| Shinhan Bank | ₹8.5 Lakhs to ₹12.0 Lakhs per year |
| ICICI Bank | ₹4.0 Lakhs to ₹17.4 Lakhs per year |
| HDFC Bank | ₹4.0 Lakhs to ₹15.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Experience | Average Salary Range |
|---|---|
| Fresher | ₹4.0 Lakhs to ₹12.0 Lakhs per year |
| 1 year | ₹3.8 Lakhs to ₹12.0 Lakhs per year |
| 2 years | ₹3.7 Lakhs to ₹12.0 Lakhs per year |
| 3 years | ₹4.2 Lakhs to ₹13.0 Lakhs per year |
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- Kotak Mahindra Bank Credit Manager Salaries in Mumbai
Kotak Mahindra Bank Credit Manager salary
in
Mumbai
ranges between ₹3.8
Lakhs to ₹13
Lakhs with an average annual salary of
₹. Salary estimates are based on
234
Kotak Mahindra Bank latest salaries received from various employees of
Kotak Mahindra Bank.