Kotak Mahindra Bank Ahmedabad Credit Officer Salaries by 3 Employees

0 - 3 years exp.

₹1.5 Lakh - ₹2.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% less than the average Credit Officer Salary in Banking Companies for 0 - 3 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Credit Officer in Ahmedabad

Kotak Mahindra Bank Credit Officer Salary

0 - 3 years exp. (3 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
RBL Bank Credit Officer Salary 2 - 6 years exp. (8 salaries)	₹2.3 L/yr - ₹3.8 L/yr 15% more
Axis Bank Credit Officer Salary 1 - 5 years exp. (8 salaries)	₹2.4 L/yr - ₹8.2 L/yr 74% more	1 job opening
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Yes Bank Credit Officer Salary 3 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹3 L/yr 17% more
IndusInd Bank Credit Officer Salary 1 - 6 years exp. (4 salaries)	₹1.5 L/yr - ₹3.7 L/yr 12% more
IDFC FIRST Bank Credit Officer Salary 4 - 7 years exp. (3 salaries)	₹3.3 L/yr - ₹4 L/yr 48% more
City Union Bank Credit Officer Salary 3 - 7 years exp. (3 salaries)	₹5.7 L/yr - ₹8.6 L/yr 201% more

Credit Officer salary at Kotak Mahindra Bank ranges between ₹1.5 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Credit Officer salaries in Ahmedabad

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

From

Credit Officer

₹

Lakhs/yr

0 - 6 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Credit Officer

0 - 6 years exp.

Assistant Vice President

6 - 18 years exp.

677% hike

Deputy Vice President

8 - 23 years exp.

30% 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

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₹2.05 L/yr - ₹7.8 L/yr

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₹7.07 L/yr - ₹24 L/yr

Sales Officer Salary

(16 salaries)

₹1.2 L/yr - ₹3.25 L/yr

Area Credit Manager Salary

(9 salaries)

₹6.5 L/yr - ₹18 L/yr

Credit Analyst Salary

(6 salaries)

₹4.8 L/yr - ₹10.5 L/yr

Credit Executive Salary

(3 salaries)

₹2.6 L/yr - ₹2.8 L/yr

Salary related reviews for Kotak Mahindra Bank

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

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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Credit Officer Salary FAQs

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

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

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.1 Lakhs to ₹2.7 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Kotak Mahindra Bank Credit Officer Salaries in Ahmedabad

Kotak Mahindra Bank Credit Officer salary in Ahmedabad ranges between ₹1.5 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.