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Kotak Mahindra Bank Credit Manager salaries in New Delhi

Annual salary range
0 - 11 years exp.
₹3.9 Lakhs - ₹15.2 Lakhs
Salary of majority employees
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13% more than the average Credit Manager Salary in Banking Companies for 0 - 11 years of experience

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Salaries in different departments

Finance & Accounting
Credit Manager Salary
0 - 7 years exp. (73 salaries)
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₹3.9 L/yr - ₹13 L/yr

BFSI, Investments & Trading
Credit Manager Salary
0 - 11 years exp. (52 salaries)
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₹3.5 L/yr - ₹15.2 L/yr

Risk Management & Compliance
Credit Manager Salary
1 - 7 years exp. (3 salaries)
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₹3.9 L/yr - ₹10 L/yr

Last Updated: 14 Dec 2024

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

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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (158 salaries)

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₹3.9 L/yr - ₹15.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (460 salaries)

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₹3.6 L/yr - ₹15 L/yr

At par
4 job openings
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ICICI Bank Credit Manager Salary

0 - 10 years exp. (535 salaries)

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₹4.7 L/yr - ₹14.4 L/yr

arrow icon 15% more
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Axis Bank Credit Manager Salary

0 - 10 years exp. (169 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 3% less
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State Bank of India Credit Manager Salary

8 - 10 years exp. (3 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 89% more
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Citibank Credit Manager Salary

9 - 11 years exp. (3 salaries)

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₹22.9 L/yr - ₹27.5 L/yr

arrow icon 182% more
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Standard Chartered Credit Manager Salary

4 - 12 years exp. (15 salaries)

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₹11.6 L/yr - ₹22 L/yr

arrow icon 58% more
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Yes Bank Credit Manager Salary

0 - 10 years exp. (84 salaries)

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₹4.3 L/yr - ₹13.7 L/yr

arrow icon 3% less
2 job openings
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IndusInd Bank Credit Manager Salary

2 - 11 years exp. (21 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 4% more
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (116 salaries)

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₹3.5 L/yr - ₹13.5 L/yr

arrow icon 3% less
1 job opening
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RBL Bank Credit Manager Salary

2 - 9 years exp. (26 salaries)

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₹3.5 L/yr - ₹11 L/yr

arrow icon 32% less
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Bandhan Bank Credit Manager Salary

0 - 11 years exp. (28 salaries)

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₹2.6 L/yr - ₹9.5 L/yr

arrow icon 28% less
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₹2.4 L/yr - ₹8.5 L/yr

arrow icon 45% less
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Bank of Baroda Credit Manager Salary

3 - 12 years exp. (26 salaries)

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₹10 L/yr - ₹22 L/yr

arrow icon 94% more
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Barclays Credit Manager Salary

6 - 11 years exp. (19 salaries)

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₹11.2 L/yr - ₹22.5 L/yr

arrow icon 107% more
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IDBI Bank Credit Manager Salary

6 - 15 years exp. (15 salaries)

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₹8.5 L/yr - ₹27 L/yr

arrow icon 124% more
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Canara Bank Credit Manager Salary

6 - 12 years exp. (14 salaries)

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₹12 L/yr - ₹22 L/yr

arrow icon 106% more
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Federal Bank Credit Manager Salary

2 - 12 years exp. (14 salaries)

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₹12 L/yr - ₹19 L/yr

arrow icon 77% more
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₹3.2 L/yr - ₹10 L/yr

arrow icon 38% less
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Jana Small Finance Bank Credit Manager Salary

3 - 11 years exp. (13 salaries)

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₹3.1 L/yr - ₹8 L/yr

arrow icon 35% less
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Union Bank of India Credit Manager Salary

6 - 11 years exp. (8 salaries)

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₹11.2 L/yr - ₹16 L/yr

arrow icon 76% more
View all
Credit Manager salary at Kotak Mahindra Bank ranges between ₹3.9 Lakhs to ₹15.2 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 158 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Credit Manager in New Delhi

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Experience wise Kotak Mahindra Bank Credit Manager salaries in New Delhi

Last Updated: 14 Dec 2024

Experience Avg Annual Salary
Fresher  (19 salaries)

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₹5.5 L/yr - ₹11.5 L/yr
1 year  (34 salaries)

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₹4.1 L/yr - ₹13 L/yr
2 years  (31 salaries)

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₹4 L/yr - ₹13.8 L/yr
3 years  (20 salaries)

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₹4 L/yr - ₹14 L/yr
4 years  (16 salaries)

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₹4 L/yr - ₹12 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(1.6k salaries)
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₹2 L/yr - ₹8 L/yr
Chief Manager Salary
(140 salaries)
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₹9 L/yr - ₹29 L/yr
Branch Manager Salary
(123 salaries)
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₹8 L/yr - ₹25 L/yr
Sales Manager Salary
(97 salaries)
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₹1.8 L/yr - ₹9.95 L/yr
Credit Analyst Salary
(42 salaries)
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₹5.98 L/yr - ₹14.5 L/yr
Credit Officer Salary
(16 salaries)
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₹1.9 L/yr - ₹4.5 L/yr
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₹6.75 L/yr - ₹23.6 L/yr
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₹30.5 L/yr - ₹42.5 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

3.9

Rated by 9 employees for salary & benefits

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

read more

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.

read more

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.

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Dislikes

Salary, promortion - these are the worst over here.

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.

read 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.

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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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Kotak Mahindra Bank Credit Manager Salary FAQs

What is the salary of Credit Manager at Kotak Mahindra Bank New Delhi?
Credit Manager salary at Kotak Mahindra Bank in New Delhi ranges between ₹3.9 Lakhs to ₹15.2 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 13% more than the average Credit Manager Salary in India. Salary estimates are based on 158 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.
How does the salary of a Credit Manager at Kotak Mahindra Bank New Delhi compare with the average salary range for this job?
The average salary of a Credit Manager at Kotak Mahindra Bank is 13% more than the average salary of a Credit Manager in New Delhi. 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 New Delhi.
Which similar companies are paying more than Kotak Mahindra Bank to a Credit Manager in New Delhi?
  • Citibank Credit Manager Salary - ₹22.9 Lakhs to ₹27.5 Lakhs per year
  • IDBI Bank Credit Manager Salary - ₹8.5 Lakhs to ₹27.0 Lakhs per year
  • Barclays Credit Manager Salary - ₹11.2 Lakhs to ₹22.5 Lakhs per year
  • Canara Bank Credit Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
  • Bank of Baroda Credit Manager Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to Kotak Mahindra Bank in New Delhi?
  • State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • Federal Bank Credit Manager Salary - ₹12.0 Lakhs to ₹19.0 Lakhs per year
  • Union Bank of India Credit Manager Salary - ₹11.2 Lakhs to ₹16.0 Lakhs per year
  • Standard Chartered Credit Manager Salary - ₹11.6 Lakhs to ₹22.0 Lakhs per year
  • NatWest Group Credit Manager Salary - ₹11.5 Lakhs to ₹22.6 Lakhs per year
What is the estimated take home salary of a Credit Manager at Kotak Mahindra Bank in New Delhi?
The estimated take-home salary of a Credit Manager at Kotak Mahindra Bank ranges between ₹65,888 per month to ₹67,571 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Credit Manager salary in India which ranges between ₹3.9 Lakhs to ₹15.2 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at Kotak Mahindra Bank in New Delhi?
According to AmbitionBox, 56% of the Kotak Mahindra Bank Credit Managers in New Delhi reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 77 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Credit Manager salary in New Delhi ranges between ₹3.9 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 158 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.