Kotak Mahindra Bank Credit Officer Salaries by 90+ Employees (Updated 2025)

1 - 6 years exp.

₹1.5 Lakh - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% less than the average Credit Officer Salary in Banking Companies for 1 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Credit Officer Salary 1 - 6 years exp. (44 salaries)	₹1.8 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Credit Officer Salary 1 - 4 years exp. (22 salaries)	₹1.5 L/yr - ₹3.5 L/yr
Login to view exact salary
Customer Success, Service & Operations Credit Officer Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹2.9 L/yr
Risk Management & Compliance Credit Officer Salary 2 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 13 Feb 2025

Companies similar to Kotak Mahindra Bank for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (358 salaries)	₹1.9 L/yr - ₹6 L/yr 59% more
HDFC Bank Credit Officer Salary 1 - 8 years exp. (254 salaries)	₹1.2 L/yr - ₹4 L/yr 5% less
Login to view exact salary
Utkarsh Small Finance Bank Credit Officer Salary 0 - 5 years exp. (239 salaries)	₹1.5 L/yr - ₹4.1 L/yr 3% less	4 job openings
Axis Bank Credit Officer Salary 0 - 6 years exp. (171 salaries)	₹1.2 L/yr - ₹6.5 L/yr 35% more	1 job opening
RBL Bank Credit Officer Salary 0 - 7 years exp. (166 salaries)	₹1.4 L/yr - ₹4.4 L/yr 2% more
IndusInd Bank Credit Officer Salary 1 - 10 years exp. (131 salaries)	₹1.5 L/yr - ₹4.2 L/yr 5% more
ICICI Bank Credit Officer Salary 0 - 6 years exp. (118 salaries)	₹1.2 L/yr - ₹4.7 L/yr 6% less
Bank of Baroda Credit Officer Salary 5 - 12 years exp. (107 salaries)	₹6 L/yr - ₹20 L/yr 426% more
Yes Bank Credit Officer Salary 2 - 10 years exp. (48 salaries)	₹2 L/yr - ₹4 L/yr 3% more
Jana Small Finance Bank Credit Officer Salary 0 - 7 years exp. (50 salaries)	₹1.3 L/yr - ₹3.6 L/yr 5% less

View all

Credit Officer salary at Kotak Mahindra Bank ranges between ₹1.5 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 96 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Credit Officer

3d ago

₹3.5 Lakhs

4 years exp.

4w ago

₹3.5 Lakhs

3 years exp.

1mo ago

₹2.9 Lakhs

2 years exp.

2mo ago

₹3 Lakhs

2 years exp.

4mo ago

₹2.6 Lakhs

3 years exp.

5mo ago

1 year exp.

6mo ago

6 years exp.

8mo ago

4 years exp.

10mo ago

4 years exp.

1y ago

1 year exp.

Experience wise Kotak Mahindra Bank Credit Officer salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
1 year (14 salaries)	₹1.7 L/yr - ₹3.1 L/yr
2 years (25 salaries)	₹1.5 L/yr - ₹4 L/yr
Login to view exact salary
3 years (22 salaries)	₹1.5 L/yr - ₹3.5 L/yr
4 years (23 salaries)	₹2 L/yr - ₹3.9 L/yr
5 years (7 salaries)	₹2 L/yr - ₹4.5 L/yr
6 years (5 salaries)	₹2.5 L/yr - ₹3.7 L/yr

View all

From

Credit Officer

₹

Lakhs/yr

1 - 6 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Credit Officer

1 - 6 years exp.

Assistant Vice President

6 - 18 years exp.

651% hike

Deputy Vice President

8 - 22 years exp.

42% hike

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

Credit Manager Salary

(1k salaries)

₹3.8 L/yr - ₹15 L/yr

Sales Officer Salary

(343 salaries)

₹1.15 L/yr - ₹4.33 L/yr

Credit Analyst Salary

(243 salaries)

₹7.42 L/yr - ₹16.17 L/yr

Senior Credit Officer Salary

(3 salaries)

₹2.8 L/yr - ₹3.4 L/yr

Officer Salary

(21 salaries)

₹1.8 L/yr - ₹4 L/yr

Credit Underwriter Salary

(34 salaries)

₹1.75 L/yr - ₹8.45 L/yr

Credit Executive Salary

(55 salaries)

₹1.85 L/yr - ₹3.3 L/yr

Area Credit Manager Salary

(73 salaries)

₹6.5 L/yr - ₹23.6 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹30 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Salary related reviews for Kotak Mahindra Bank

2.7

Rated by 16 employees for salary & benefits

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

malleshkuruva

works at

Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at Kotak Mahindra Bank ?

The average salary of a Credit Officer at Kotak Mahindra Bank in India typically ranges from ₹1.5 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Officer at Kotak Mahindra Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Credit Officer 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 90+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Credit Officer at Kotak Mahindra Bank in India typically ranges from ₹18,999 to ₹20,677 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 90+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Credit Officer in India?

Central Bank of India	₹12.4 Lakhs to ₹21.5 Lakhs per year
UCO Bank	₹13.2 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda	₹6.0 Lakhs to ₹20.0 Lakhs per year
IDBI Bank	₹7.0 Lakhs to ₹18.0 Lakhs per year
Canara Bank	₹8.0 Lakhs to ₹19.5 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.

What is the salary of a Credit Officer in companies similar to Kotak Mahindra Bank in India?

The salary of a Credit Officer at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

South Indian Bank	₹9.0 Lakhs to ₹15.0 Lakhs per year
Union Bank of India	₹6.5 Lakhs to ₹19.5 Lakhs per year
Federal Bank	₹5.0 Lakhs to ₹16.0 Lakhs per year
Karur Vysya Bank	₹7.5 Lakhs to ₹15.0 Lakhs per year
J&K Bank	₹9.1 Lakhs to ₹12.0 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.

How the salary growth look like for a Credit Officer at Kotak Mahindra Bank in India?

The salary growth for a Credit Officer at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
1 year	₹1.7 Lakhs to ₹3.1 Lakhs per year
2 years	₹1.5 Lakhs to ₹4.0 Lakhs per year
3 years	₹1.5 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.0 Lakhs to ₹3.9 Lakhs per year

and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Credit Officer Salaries by Location

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Credit Officer Salaries

Kotak Mahindra Bank Credit Officer salary in India ranges between ₹1.5 Lakh to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 96 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Credit Officer salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Credit Officer

Latest annual salaries shared by Kotak Mahindra Bank Credit Officer

Experience wise Kotak Mahindra Bank Credit Officer salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Noida

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Credit Officer Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Credit Officer Salaries by Location