Kotak Mahindra Bank Credit Operations Manager Salaries by 5 Employees

4 - 22 years exp.

₹4.5 Lakhs - ₹6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

6% less than the average Credit Operations Manager Salary in Banking Companies for 4 - 22 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Credit Operations Manager Salary 4 - 22 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr
Login to view exact salary
Customer Success, Service & Operations Credit Operations Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.5 L/yr

Last Updated: 27 Oct 2024

Companies similar to Kotak Mahindra Bank for Credit Operations Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Operations Manager Salary 1 - 11 years exp. (100 salaries)	₹3 L/yr - ₹8.1 L/yr 7% more
IDFC FIRST Bank Credit Operations Manager Salary 2 - 10 years exp. (75 salaries)	₹2.9 L/yr - ₹8.7 L/yr 16% more
Login to view exact salary
Axis Bank Credit Operations Manager Salary 7 - 12 years exp. (8 salaries)	₹5.8 L/yr - ₹10 L/yr 20% more
IDBI Bank Credit Operations Manager Salary 3 - 11 years exp. (3 salaries)	₹13 L/yr - ₹14 L/yr 161% more
RBL Bank Credit Operations Manager Salary 5 - 7 years exp. (3 salaries)	₹3.6 L/yr - ₹4 L/yr 24% less
Jana Small Finance Bank Credit Operations Manager Salary 9 - 10 years exp. (3 salaries)	₹4.5 L/yr - ₹7 L/yr 25% more

Credit Operations Manager salary at Kotak Mahindra Bank ranges between ₹4.5 Lakhs to ₹6 Lakhs per year for employees with experience between 4 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Credit Operations Manager salaries

Last Updated: 27 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
14 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
15+ years (3 salaries)	₹5 L/yr - ₹5.1 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Senior Operations Manager Salary

(33 salaries)

₹5.2 L/yr - ₹15.25 L/yr

Operations Manager Salary

(257 salaries)

₹2 L/yr - ₹12 L/yr

Department Manager Salary

(11 salaries)

₹2.8 L/yr - ₹4.92 L/yr

Deputy Branch Manager Salary

(187 salaries)

₹4.1 L/yr - ₹16 L/yr

Delivery Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Cluster Manager Salary

(60 salaries)

₹3.9 L/yr - ₹16.52 L/yr

Relationship Manager Salary

(2.5k salaries)

₹1.5 L/yr - ₹10 L/yr

Program Manager Salary

(10 salaries)

₹7 L/yr - ₹20 L/yr

Project Manager Salary

(60 salaries)

₹5.79 L/yr - ₹24.3 L/yr

Area Manager Salary

(89 salaries)

₹7 L/yr - ₹30.63 L/yr

Salary related reviews for Kotak Mahindra Bank

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

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.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Credit Operations Manager Salary FAQs

What is the salary of Credit Operations Manager at Kotak Mahindra Bank ?

The average salary of a Credit Operations Manager at Kotak Mahindra Bank in India typically ranges from ₹4.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 4 years to 22 years).

The top 10% of Credit Operations Manager at Kotak Mahindra Bank earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Credit Operations Manager 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 5 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Credit Operations Manager at Kotak Mahindra Bank in India typically ranges from ₹38,447 to ₹39,636 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 4 years to 22 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 5 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 Operations Manager in India?

IDBI Bank	₹13.0 Lakhs to ₹14.0 Lakhs per year
Jana Small Finance Bank	₹4.5 Lakhs to ₹7.0 Lakhs per year
Axis Bank	₹5.8 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank	₹2.9 Lakhs to ₹8.7 Lakhs per year
ICICI Bank	₹3.0 Lakhs to ₹8.1 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 Operations Manager in companies similar to Kotak Mahindra Bank in India?

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

RBL Bank

₹3.6 Lakhs to ₹4.0 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 Operations Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
4 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
5 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
6 years	₹4.7 Lakhs to ₹5.9 Lakhs per year
7 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Credit Operations Manager Salaries by Location

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Credit Operations Manager Salaries

Kotak Mahindra Bank Credit Operations Manager salary in India ranges between ₹4.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.