Kotak Mahindra Bank Deputy Credit Manager Salaries by 20+ Employees (Updated 2025)

1 - 8 years exp.

₹3.8 Lakhs - ₹6 Lakhs

Salary of majority employees

Unlock

5% less than the average Deputy Credit Manager Salary in Banking Companies for 1 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Deputy Credit Manager Salary 2 - 8 years exp. (15 salaries)	Unlock ₹4 L/yr - ₹6 L/yr
Login to view exact salary
Finance & Accounting Deputy Credit Manager Salary 1 - 5 years exp. (7 salaries)	Unlock ₹3.8 L/yr - ₹6 L/yr

Last Updated: 9 Feb 2025

Companies similar to Kotak Mahindra Bank for Deputy Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Credit Manager Salary 0 - 8 years exp. (131 salaries)	Unlock ₹3.5 L/yr - ₹9.1 L/yr 5% more
ICICI Bank Deputy Credit Manager Salary 0 - 7 years exp. (45 salaries)	Unlock ₹4.1 L/yr - ₹10.2 L/yr 31% more
Login to view exact salary
Axis Bank Deputy Credit Manager Salary 4 - 11 years exp. (45 salaries)	Unlock ₹4.3 L/yr - ₹8.5 L/yr 12% more
State Bank of India Deputy Credit Manager Salary 3 - 12 years exp. (7 salaries)	Unlock ₹10 L/yr - ₹16 L/yr 139% more
IndusInd Bank Deputy Credit Manager Salary 6 - 8 years exp. (7 salaries)	Unlock ₹5 L/yr - ₹6.2 L/yr 5% less
IDFC FIRST Bank Deputy Credit Manager Salary 0 - 6 years exp. (59 salaries)	Unlock ₹3.9 L/yr - ₹9.3 L/yr 22% more
RBL Bank Deputy Credit Manager Salary 3 - 10 years exp. (5 salaries)	Unlock ₹4 L/yr - ₹10 L/yr 11% more
Bandhan Bank Deputy Credit Manager Salary 4 - 10 years exp. (8 salaries)	Unlock ₹5.2 L/yr - ₹6.4 L/yr 7% less
Ujjivan Small Finance Bank Deputy Credit Manager Salary 3 - 8 years exp. (28 salaries)	Unlock ₹3.1 L/yr - ₹5.6 L/yr 21% less
City Union Bank Deputy Credit Manager Salary 4 - 11 years exp. (9 salaries)	Unlock ₹9 L/yr - ₹16 L/yr 108% more
Baroda Global Shared Services Deputy Credit Manager Salary 6 - 13 years exp. (5 salaries)	Unlock ₹4.6 L/yr - ₹5.4 L/yr 14% less
Login to view exact salary

Deputy Credit Manager salary at Kotak Mahindra Bank ranges between ₹3.8 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Deputy Credit Manager

3d ago

Unlock

3 years exp.

4mo ago

Unlock

2 years exp.

8mo ago

Unlock

2 years exp.

8mo ago

Unlock

5 years exp.

9mo ago

Unlock

7 years exp.

1y ago

Unlock

6 years exp.

1y ago

Unlock

5 years exp.

1y ago

Unlock

5 years exp.

1y ago

Unlock

6 years exp.

1y ago

Unlock

2 years exp.

Experience wise Kotak Mahindra Bank Deputy Credit Manager salaries

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹9.6 L/yr
2 years (6 salaries)	Unlock ₹3.8 L/yr - ₹6 L/yr
Login to view exact salary
3 years (4 salaries)	Unlock ₹4.5 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹10.3 L/yr
5 years (3 salaries)	Unlock ₹5.5 L/yr - ₹6 L/yr
6 years (4 salaries)	Unlock ₹4.5 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹10.9 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹11.1 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Area Credit Manager Salary

(88 salaries)

Unlock

₹6.5 L/yr - ₹24.5 L/yr

Branch Credit Manager Salary

(20 salaries)

Unlock

₹4.85 L/yr - ₹9.5 L/yr

Zonal Credit Manager Salary

(4 salaries)

Unlock

₹30.5 L/yr - ₹42.5 L/yr

Cluster Credit Manager Salary

(4 salaries)

Unlock

₹7 L/yr - ₹13.5 L/yr

Regional Credit Manager Salary

(27 salaries)

Unlock

₹16.2 L/yr - ₹30 L/yr

Credit Manager Salary

(1k salaries)

Unlock

₹3.75 L/yr - ₹14.5 L/yr

Deputy Manager Salary

(11.3k salaries)

Unlock

₹1.65 L/yr - ₹8.5 L/yr

Assistant Credit Manager Salary

(22 salaries)

Unlock

₹2 L/yr - ₹4.1 L/yr

Senior Credit Officer Salary

(3 salaries)

Unlock

₹2.8 L/yr - ₹3.4 L/yr

Relationship Manager Salary

(2.3k salaries)

Unlock

₹1.5 L/yr - ₹10 L/yr

Salary related reviews for Kotak Mahindra Bank

3.1

Rated by 3 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

an assistant manager

With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to con... read more

Is an Online MBA Really Worth It?

Yes

10%

72%

Can be, if properly planned

18%

11 participants . expiring in 2w

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Deputy Credit Manager Salary FAQs

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

Deputy Credit Manager salary at Kotak Mahindra Bank in India ranges between ₹3.8 Lakhs to ₹6.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 5% less than the average Deputy Credit Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Deputy Credit Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Deputy Credit Manager at Kotak Mahindra Bank is 5% less than the average salary of a Deputy Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Deputy Credit Manager in India?

State Bank of India Deputy Credit Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
City Union Bank Deputy Credit Manager Salary - ₹9.0 Lakhs to ₹16.0 Lakhs per year
ICICI Bank Deputy Credit Manager Salary - ₹4.1 Lakhs to ₹10.2 Lakhs per year
IDFC FIRST Bank Deputy Credit Manager Salary - ₹3.9 Lakhs to ₹9.3 Lakhs per year
Axis Bank Deputy Credit Manager Salary - ₹4.3 Lakhs to ₹8.5 Lakhs per year

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

RBL Bank Deputy Credit Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Deputy Credit Manager Salary - ₹3.5 Lakhs to ₹9.1 Lakhs per year
IndusInd Bank Deputy Credit Manager Salary - ₹5.0 Lakhs to ₹6.2 Lakhs per year
Bandhan Bank Deputy Credit Manager Salary - ₹5.2 Lakhs to ₹6.4 Lakhs per year
Baroda Global Shared Services Deputy Credit Manager Salary - ₹4.6 Lakhs to ₹5.4 Lakhs per year

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

The estimated take-home salary of a Deputy Credit Manager at Kotak Mahindra Bank ranges between ₹43,775 per month to ₹44,884 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Deputy Credit Manager salary in India which ranges between ₹3.8 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Deputy Credit Manager at Kotak Mahindra Bank?

According to AmbitionBox, 78% of the Kotak Mahindra Bank Deputy Credit Managers reported a notice period of 3 Months, 22% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Deputy Credit Manager Salaries by Location

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

Kotak Mahindra Bank Deputy Credit Manager salary in India ranges between ₹3.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.