Kotak Mahindra Bank New Delhi Location Credit Manager Salaries by 10+ Employees

4 - 12 years exp.

₹5 Lakhs - ₹17 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% more than the average Location Credit Manager Salary in Banking Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Location Credit Manager Salary 5 - 12 years exp. (8 salaries)	₹5 L/yr - ₹17 L/yr
Finance & Accounting Location Credit Manager Salary 4 - 12 years exp. (5 salaries)	₹6.1 L/yr - ₹15 L/yr
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Risk Management & Compliance Location Credit Manager Salary 12 years exp. (AmbitionBox Estimate)	₹8.7 L/yr - ₹16.9 L/yr

Last Updated: 28 Sep 2024

Location Credit Manager salary at Kotak Mahindra Bank ranges between ₹5 Lakhs to ₹17 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 14 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Location Credit Manager salaries in New Delhi

Last Updated: 28 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
5 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
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6 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
7 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
8 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
9 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
10 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
11 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
12 years (3 salaries)	₹6.1 L/yr - ₹16.9 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Relationship Manager Salary

(399 salaries)

₹1.8 L/yr - ₹11.26 L/yr

Credit Manager Salary

(154 salaries)

₹4 L/yr - ₹15.4 L/yr

Area Credit Manager Salary

(12 salaries)

₹7.43 L/yr - ₹23.6 L/yr

Regional Credit Manager Salary

(5 salaries)

₹22.5 L/yr - ₹25 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹30.5 L/yr - ₹42.5 L/yr

Top skills at Kotak Mahindra Bank for Location Credit Manager

Credit Analysis Agri Finance Credit Management Credit Risk Credit Underwriting Credit Tractor Loan Commercial Vehicle Loans Credit Appraisal Secured Loan CA Chartered Accountant SME Team Leading Analytical skills

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 1 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

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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 Location Credit Manager Salary FAQs

What is the salary of Location Credit Manager at Kotak Mahindra Bank in New Delhi?

The average salary of a Location Credit Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹5.0 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Location Credit Manager in New Delhi at Kotak Mahindra Bank earn more than ₹16.9 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Location Credit 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 10+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Location Credit Manager at Kotak Mahindra Bank in New Delhi?

The estimated take-home salary of a Location Credit Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹81,648 to ₹83,778 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 4 years to 12 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.

What are the key skills required to be a Location Credit Manager at Kotak Mahindra Bank in New Delhi?

To be a Location Credit Manager at Kotak Mahindra Bank in New Delhi, the key skills required include:

- Credit Analysis
- Agri Finance
- Credit Management
- Credit Risk
- Credit Underwriting

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

How the salary growth look like for a Location Credit Manager at Kotak Mahindra Bank in New Delhi?

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

Experience	Average Salary Range
4 years	₹8.1 Lakhs to ₹10.4 Lakhs per year
5 years	₹8.5 Lakhs to ₹10.9 Lakhs per year
6 years	₹8.9 Lakhs to ₹11.4 Lakhs per year
7 years	₹9.3 Lakhs to ₹11.9 Lakhs per year

and so on.

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Kotak Mahindra Bank Location Credit Manager Salaries in New Delhi

Kotak Mahindra Bank Location Credit Manager salary in New Delhi ranges between ₹5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.