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Kotak Mahindra Bank Credit Manager salaries in Pune

Annual salary range
0 - 10 years exp.
₹4 Lakhs - ₹13.5 Lakhs
Salary of majority employees
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14% more than the average Credit Manager Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
1 - 10 years exp. (31 salaries)
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₹4.6 L/yr - ₹13.5 L/yr

Finance & Accounting
Credit Manager Salary
0 - 9 years exp. (23 salaries)
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₹4.4 L/yr - ₹12.3 L/yr

Risk Management & Compliance
Credit Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹8.9 L/yr - ₹10.3 L/yr

Last Updated: 1 Jan 2025

Companies similar to Kotak Mahindra Bank for Credit Manager in Pune

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Kotak Mahindra Bank Credit Manager Salary

0 - 10 years exp. (59 salaries)

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₹4 L/yr - ₹13.5 L/yr

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

0 - 12 years exp. (215 salaries)

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₹3.6 L/yr - ₹14.6 L/yr

arrow icon 6% less
3 job openings
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (209 salaries)

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₹4.1 L/yr - ₹17 L/yr

arrow icon 9% more
1 job opening
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Axis Bank Credit Manager Salary

0 - 12 years exp. (43 salaries)

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₹4.2 L/yr - ₹15 L/yr

arrow icon 4% more
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Yes Bank Credit Manager Salary

0 - 9 years exp. (16 salaries)

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₹4.2 L/yr - ₹11 L/yr

arrow icon 6% less
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IndusInd Bank Credit Manager Salary

4 - 10 years exp. (3 salaries)

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₹6.3 L/yr - ₹10 L/yr

arrow icon 19% less
6 job openings
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IDFC FIRST Bank Credit Manager Salary

0 - 9 years exp. (55 salaries)

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₹4 L/yr - ₹11.9 L/yr

arrow icon 13% less
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RBL Bank Credit Manager Salary

3 - 10 years exp. (9 salaries)

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₹3 L/yr - ₹11 L/yr

arrow icon 31% less
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Jana Small Finance Bank Credit Manager Salary

2 - 10 years exp. (16 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 32% less
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IDBI Bank Credit Manager Salary

5 - 18 years exp. (14 salaries)

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₹8.5 L/yr - ₹23 L/yr

arrow icon 106% more
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Bank of Baroda Credit Manager Salary

5 - 11 years exp. (14 salaries)

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₹8.5 L/yr - ₹22.8 L/yr

arrow icon 84% more
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Union Bank of India Credit Manager Salary

7 - 10 years exp. (5 salaries)

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₹9.5 L/yr - ₹16 L/yr

arrow icon 74% more
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Shinhan Bank Credit Manager Salary

5 - 10 years exp. (5 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 4% more
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₹3.9 L/yr - ₹10.2 L/yr

arrow icon 40% less
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₹3.3 L/yr - ₹5.3 L/yr

arrow icon 47% less
3 job openings
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Central Bank of India Credit Manager Salary

11 - 13 years exp. (3 salaries)

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₹10 L/yr - ₹14 L/yr

arrow icon 45% more
Credit Manager salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹13.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 59 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Credit Manager in Pune

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Experience wise Kotak Mahindra Bank Credit Manager salaries in Pune

Last Updated: 1 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.7 L/yr - ₹12 L/yr
1 year  (5 salaries)

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₹4.5 L/yr - ₹10.5 L/yr
2 years  (6 salaries)

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₹4 L/yr - ₹12 L/yr
3 years  (12 salaries)

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₹4.5 L/yr - ₹13.5 L/yr
4 years  (3 salaries)

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₹4.6 L/yr - ₹12.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(830 salaries)
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₹1.75 L/yr - ₹7.5 L/yr
Sales Manager Salary
(89 salaries)
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₹1.5 L/yr - ₹11 L/yr
Branch Manager Salary
(52 salaries)
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₹7 L/yr - ₹21 L/yr
Chief Manager Salary
(38 salaries)
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₹8.8 L/yr - ₹23.5 L/yr
Credit Analyst Salary
(4 salaries)
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₹6.91 L/yr - ₹12 L/yr
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₹11.2 L/yr - ₹20 L/yr
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₹4.75 L/yr - ₹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

1.9

Rated by 4 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 Pune?
Credit Manager salary at Kotak Mahindra Bank in Pune ranges between ₹4.0 Lakhs to ₹13.5 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 14% more than the average Credit Manager Salary in India. Salary estimates are based on 59 latest salaries received from various employees of Kotak Mahindra Bank Pune.
How does the salary of a Credit Manager at Kotak Mahindra Bank Pune compare with the average salary range for this job?
The average salary of a Credit Manager at Kotak Mahindra Bank is 14% more than the average salary of a Credit Manager in Pune. 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 Pune.
Which similar companies are paying more than Kotak Mahindra Bank to a Credit Manager in Pune?
  • IDBI Bank Credit Manager Salary - ₹8.5 Lakhs to ₹23.0 Lakhs per year
  • Bank of Baroda Credit Manager Salary - ₹8.5 Lakhs to ₹22.8 Lakhs per year
  • Union Bank of India Credit Manager Salary - ₹9.5 Lakhs to ₹16.0 Lakhs per year
  • Central Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹14.0 Lakhs per year
  • ICICI Bank Credit Manager Salary - ₹4.1 Lakhs to ₹17.0 Lakhs per year
What is the salary of a Credit Manager in companies similar to Kotak Mahindra Bank in Pune?
  • Shinhan Bank Credit Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
  • Axis Bank Credit Manager Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year
  • HDFC Bank Credit Manager Salary - ₹3.6 Lakhs to ₹14.6 Lakhs per year
  • Yes Bank Credit Manager Salary - ₹4.2 Lakhs to ₹11.0 Lakhs per year
  • IDFC FIRST Bank Credit Manager Salary - ₹4.0 Lakhs to ₹11.9 Lakhs per year
What is the estimated take home salary of a Credit Manager at Kotak Mahindra Bank in Pune?
The estimated take-home salary of a Credit Manager at Kotak Mahindra Bank ranges between ₹66,220 per month to ₹67,912 per month in Pune. The take-home salary calculation is based on the average Kotak Mahindra Bank Credit Manager salary in India which ranges between ₹4.0 Lakhs to ₹13.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at Kotak Mahindra Bank in Pune?
According to AmbitionBox, 69% of the Kotak Mahindra Bank Credit Managers in Pune reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Credit Manager salary in Pune ranges between ₹4 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 59 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.