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Kotak Mahindra Bank Credit Officer salaries in New Delhi (Updated 2025)

Annual salary range
1 - 6 years exp.
₹1.9 Lakh - ₹4.5 Lakhs
Salary of majority employees
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26% less than the average Credit Officer Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Credit Officer Salary
1 - 6 years exp. (10 salaries)
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₹2.9 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Credit Officer Salary
4 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Credit Officer Salary
2 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹2.9 L/yr

Last Updated: 4 Jan 2025

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

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Kotak Mahindra Bank Credit Officer Salary

1 - 6 years exp. (15 salaries)

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₹1.9 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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RBL Bank Credit Officer Salary

0 - 8 years exp. (34 salaries)

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₹2 L/yr - ₹4.1 L/yr

arrow icon 12% more
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₹2.9 L/yr - ₹5.1 L/yr

arrow icon 58% more
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₹1.5 L/yr - ₹2.7 L/yr

arrow icon 8% less
5 job openings
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Axis Bank Credit Officer Salary

1 - 6 years exp. (12 salaries)

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₹2.3 L/yr - ₹5.3 L/yr

arrow icon 32% more
1 job opening
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Bank of Baroda Credit Officer Salary

5 - 10 years exp. (11 salaries)

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₹7.9 L/yr - ₹16 L/yr

arrow icon 399% more
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Federal Bank Credit Officer Salary

0 - 6 years exp. (7 salaries)

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₹9 L/yr - ₹15 L/yr

arrow icon 299% more
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Canara Bank Credit Officer Salary

7 - 10 years exp. (6 salaries)

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₹8 L/yr - ₹15 L/yr

arrow icon 352% more
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IndusInd Bank Credit Officer Salary

3 - 7 years exp. (5 salaries)

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₹2.4 L/yr - ₹3.3 L/yr

arrow icon 2% more
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Yes Bank Credit Officer Salary

2 - 8 years exp. (4 salaries)

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₹2.2 L/yr - ₹3.2 L/yr

arrow icon 1% less
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IDFC FIRST Bank Credit Officer Salary

0 - 5 years exp. (4 salaries)

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₹2.6 L/yr - ₹4 L/yr

arrow icon 14% more
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ICICI Bank Credit Officer Salary

4 - 6 years exp. (3 salaries)

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₹2 L/yr - ₹4.1 L/yr

arrow icon 6% less
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Bandhan Bank Credit Officer Salary

2 - 4 years exp. (3 salaries)

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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 19% more
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Union Bank of India Credit Officer Salary

11 - 12 years exp. (3 salaries)

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₹12 L/yr - ₹15 L/yr

arrow icon 380% more
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J&K Bank Credit Officer Salary

10 - 14 years exp. (3 salaries)

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₹9.1 L/yr - ₹12 L/yr

arrow icon 255% more
Credit Officer salary at Kotak Mahindra Bank ranges between ₹1.9 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank.

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

2mo ago
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2 years exp.
6mo ago
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1 year exp.
1y ago
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1 year exp.
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6 years exp.
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6 years exp.

Experience wise Kotak Mahindra Bank Credit Officer salaries in New Delhi

Last Updated: 4 Jan 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.4 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
4 years  (6 salaries)

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₹1.1 L/yr - ₹3.9 L/yr
5 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
View all
Kotak Mahindra Bank Credit Officer Salary and Career Growth

From

To

Credit Officer

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1 - 6 years exp.

Senior Vice President

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15 - 24 years exp.

Credit Officer

1 - 6 years exp.
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Assistant Vice President

6 - 19 years exp.
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arrow icon 661% hike

Deputy Vice President

8 - 22 years exp.
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arrow icon 38% 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

Deputy Manager Salary
(1.6k salaries)
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₹2 L/yr - ₹8.5 L/yr
Credit Manager Salary
(155 salaries)
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₹3.96 L/yr - ₹15 L/yr
Branch Manager Salary
(129 salaries)
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₹8 L/yr - ₹28.5 L/yr
Credit Analyst Salary
(46 salaries)
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₹7.27 L/yr - ₹14.6 L/yr
Sales Officer Salary
(42 salaries)
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₹2 L/yr - ₹4 L/yr
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₹2.4 L/yr - ₹3.25 L/yr
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₹6.75 L/yr - ₹23.6 L/yr
Officer Salary
(3 salaries)
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₹2.05 L/yr - ₹2.54 L/yr

Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 employees for salary & benefits

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.

read more
  • Work satisfaction - Poor
  • +2 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

  • 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.

read more
  • Salary - Bad

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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Kotak Mahindra Bank Credit Officer Salary FAQs

What is the salary of Credit Officer at Kotak Mahindra Bank in New Delhi?
The average salary of a Credit Officer at Kotak Mahindra Bank in New Delhi typically ranges from ₹1.9 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Officer in New Delhi at Kotak Mahindra Bank earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.5 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 10+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Credit Officer at Kotak Mahindra Bank in New Delhi?
The estimated take-home salary of a Credit Officer at Kotak Mahindra Bank in New Delhi typically ranges from ₹20,078 to ₹21,740 per month. This is based on the average salary range of ₹1.9 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 10+ 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?
Bank of Baroda ₹7.9 Lakhs to ₹16.0 Lakhs per year
Union Bank of India ₹12.0 Lakhs to ₹15.0 Lakhs per year
Canara Bank ₹8.0 Lakhs to ₹15.0 Lakhs per year
Federal Bank ₹9.0 Lakhs to ₹15.0 Lakhs per year
J&K Bank ₹9.1 Lakhs to ₹12.0 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.
What is the salary of a Credit Officer in companies similar to Kotak Mahindra Bank in New Delhi?
The salary of a Credit Officer at companies similar to Kotak Mahindra Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ujjivan Small Finance Bank ₹2.9 Lakhs to ₹5.1 Lakhs per year
Axis Bank ₹2.3 Lakhs to ₹5.3 Lakhs per year
Bandhan Bank ₹2.6 Lakhs to ₹4.5 Lakhs per year
IDFC FIRST Bank ₹2.6 Lakhs to ₹4.0 Lakhs per year
RBL Bank ₹2.0 Lakhs to ₹4.1 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 New Delhi?
The salary growth for a Credit Officer at Kotak Mahindra Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Credit Officer in New Delhi can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹3.0 Lakhs per year
2 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years ₹1.1 Lakhs to ₹3.9 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Credit Officer salary in New Delhi ranges between ₹1.9 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.