Kotak Mahindra Bank Mumbai Credit Processing Associate Salaries by 40+ Employees (Updated 2025)

0 - 4 years exp.

₹1.5 Lakh - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Credit Processing Associate Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Credit Processing Associate Salary 1 - 4 years exp. (19 salaries)	₹1.8 L/yr - ₹4 L/yr
BFSI, Investments & Trading Credit Processing Associate Salary 1 - 4 years exp. (7 salaries)	₹1.5 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Credit Processing Associate Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr
Data Science & Analytics Credit Processing Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.6 L/yr

Last Updated: 24 Mar 2025

Companies similar to Kotak Mahindra Bank for Credit Processing Associate in Mumbai

Kotak Mahindra Bank Credit Processing Associate Salary

0 - 4 years exp. (40 salaries)

₹1.5 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Credit Processing Associate Salary 0 - 6 years exp. (27 salaries)	₹1.4 L/yr - ₹3 L/yr 11% less
Yes Bank Credit Processing Associate Salary 1 - 6 years exp. (25 salaries)	₹2 L/yr - ₹3.8 L/yr 20% more
Login to view exact salary
Axis Bank Credit Processing Associate Salary 0 - 5 years exp. (11 salaries)	₹1.8 L/yr - ₹3.5 L/yr 5% more
IDBI Bank Credit Processing Associate Salary 4 - 7 years exp. (6 salaries)	₹2.1 L/yr - ₹3.3 L/yr 5% less
HDFC Bank Credit Processing Associate Salary 1 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr 14% less
IDFC FIRST Bank Credit Processing Associate Salary 4 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹4 L/yr 27% more
RBL Bank Credit Processing Associate Salary 1 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr 11% less

Credit Processing Associate salary at Kotak Mahindra Bank ranges between ₹1.5 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 40 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Credit Processing Associate in Mumbai

1w ago

₹2.9 Lakhs

4 years exp.

2w ago

₹3 Lakhs

2 years exp.

1mo ago

₹3 Lakhs

3 years exp.

2mo ago

₹2.4 Lakhs

3 years exp.

4mo ago

₹1.7 Lakh

2 years exp.

5mo ago

1 year exp.

6mo ago

1 year exp.

7mo ago

3 years exp.

7mo ago

2 years exp.

9mo ago

2 years exp.

Experience wise Kotak Mahindra Bank Credit Processing Associate salaries in Mumbai

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
1 year (13 salaries)	₹1.5 L/yr - ₹3 L/yr
Login to view exact salary
2 years (12 salaries)	₹1.6 L/yr - ₹3.1 L/yr
3 years (9 salaries)	₹1.9 L/yr - ₹4 L/yr
4 years (5 salaries)	₹1.8 L/yr - ₹2.9 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Relationship Manager Salary

(459 salaries)

₹1.8 L/yr - ₹10 L/yr

Management Trainee Salary

(35 salaries)

₹7 L/yr - ₹24 L/yr

Senior Associate Salary

(25 salaries)

₹1.5 L/yr - ₹3.9 L/yr

Process Associate Salary

(10 salaries)

₹1.6 L/yr - ₹3 L/yr

Account Assistant Salary

(8 salaries)

₹2 L/yr - ₹3 L/yr

Finance Executive Salary

(8 salaries)

₹1.75 L/yr - ₹3.5 L/yr

Senior Analyst Salary

(5 salaries)

₹11.5 L/yr - ₹17.9 L/yr

Top skills at Kotak Mahindra Bank for Credit Processing Associate

MIS Reporting LOS Credit Processing Credit Processing

Salary related reviews for Kotak Mahindra Bank

3.8

Rated by 2 employees for salary & benefits

Credit Processing Associate in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2022

2.0

for Salary and Benefits

Likes

Good place to learn and for skill development got nice exposure of work.. and load of work is average so you got time for work and life both.. Nice place for learn

Skill development - Good

+1 more

Dislikes

It's a offroll job , so there is No salary increment for CPA ( credit processing associates) no other benefits..

Salary - Poor

+2 more

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

Other Department

5.0

• posted on 29 May 2022

5.0

for Salary and Benefits

Likes

Kotak Mahindra Bank Business loan process is very good and long process and we will prepartion TAT is very dificulty and Very carfully updated last two yers financials and latest one year GST returns and latest one year Banking perfios after completed TAT easly process the case the working is very easly recomending the casese.

Salary - Excellent

+5 more

Dislikes

More work and less salary, there is no co-ordination in the team, any problem is raised asking me only, our team peoples doing mistakes managers asking me, any big Financial cases shared managers me only.

Promotions - Poor

Credit Processing Associate in Surat

Consumer banking Department

2.0

• posted on 24 Dec 2020

1.0

for Salary and Benefits

Likes

Tea & coffee is free, beside that nothing is good here.

Dislikes

...king huge profits yet it has not given incentives to its hard working employees. So in times of pandemic you are at your own with your basic salary. They have a reporting time but to leave on time is a Sin.

Salary - Bad

+6 more

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

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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.

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Kotak Mahindra Bank Credit Processing Associate Salary FAQs

What is the salary of Credit Processing Associate at Kotak Mahindra Bank in Mumbai?

The average salary of a Credit Processing Associate at Kotak Mahindra Bank in Mumbai typically ranges from ₹1.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Credit Processing Associate in Mumbai at Kotak Mahindra Bank earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Credit Processing Associate 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 40+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Credit Processing Associate at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Credit Processing Associate at Kotak Mahindra Bank in Mumbai typically ranges from ₹18,184 to ₹19,874 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 40+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Processing Associate at Kotak Mahindra Bank in Mumbai?

To be a Credit Processing Associate at Kotak Mahindra Bank in Mumbai, the key skills required include:

- MIS Reporting
- LOS
- Credit Processing
- Credit Processing

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

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

IDFC FIRST Bank	₹3.2 Lakhs to ₹4.0 Lakhs per year
Yes Bank	₹2.0 Lakhs to ₹3.8 Lakhs per year
Axis Bank	₹1.8 Lakhs to ₹3.5 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 Processing Associate in companies similar to Kotak Mahindra Bank in Mumbai?

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

IDBI Bank	₹2.1 Lakhs to ₹3.3 Lakhs per year
ICICI Bank	₹1.4 Lakhs to ₹3.0 Lakhs per year
RBL Bank	₹2.2 Lakhs to ₹2.6 Lakhs per year
HDFC Bank	₹1.8 Lakhs to ₹3.0 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 Processing Associate at Kotak Mahindra Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.3 Lakhs to ₹3.0 Lakhs per year
1 year	₹1.5 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.6 Lakhs to ₹3.1 Lakhs per year
3 years	₹1.9 Lakhs to ₹4.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Credit Processing Associate Salaries in Mumbai

Kotak Mahindra Bank Credit Processing Associate salary in Mumbai ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Credit Processing Associate salaries in Mumbai (Updated 2025)

Companies similar to Kotak Mahindra Bank for Credit Processing Associate in Mumbai

Latest annual salaries shared by Kotak Mahindra Bank Credit Processing Associate in Mumbai

Experience wise Kotak Mahindra Bank Credit Processing Associate salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Credit Processing Associate

Salary related reviews for Kotak Mahindra Bank

Credit Processing Associate in New Delhi

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

Credit Processing Associate in Surat

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Kotak Mahindra Bank Credit Processing Associate Salary FAQs

Tell us how to improve this page.