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Kotak Mahindra Bank Regional Credit Manager salaries in Hyderabad / Secunderabad

Annual salary range
10 - 13 years exp.
₹22 Lakhs - ₹25.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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24% more than the average Regional Credit Manager Salary in Banking Companies for 10 - 13 years of experience

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Last Updated: 21 Sep 2024

Companies similar to Kotak Mahindra Bank for Regional Credit Manager in Hyderabad / Secunderabad

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Kotak Mahindra Bank Regional Credit Manager Salary

10 - 13 years exp. (3 salaries)

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₹22 L/yr - ₹25.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Regional Credit Manager Salary

3 - 15 years exp. (52 salaries)

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₹7 L/yr - ₹21.2 L/yr

arrow icon 36% less
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Yes Bank Regional Credit Manager Salary

10 - 17 years exp. (6 salaries)

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₹18.7 L/yr - ₹35 L/yr

arrow icon 10% more
1 job opening
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IndusInd Bank Regional Credit Manager Salary

11 - 18 years exp. (4 salaries)

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₹20 L/yr - ₹26 L/yr

arrow icon 5% less
2 job openings
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RBL Bank Regional Credit Manager Salary

14 - 22 years exp. (4 salaries)

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₹14 L/yr - ₹24 L/yr

arrow icon 13% less
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Axis Bank Regional Credit Manager Salary

16 - 18 years exp. (4 salaries)

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₹20.5 L/yr - ₹31 L/yr

arrow icon 1% less
Regional Credit Manager salary at Kotak Mahindra Bank ranges between ₹22 Lakhs to ₹25.1 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Regional Credit Manager in Hyderabad / Secunderabad

6mo ago
₹23.8 Lakhs
13 years exp.
1y ago
₹23.8 Lakhs
12 years exp.
1y ago
₹22 Lakhs
10 years exp.

Experience wise Kotak Mahindra Bank Regional Credit Manager salaries in Hyderabad / Secunderabad

Last Updated: 21 Sep 2024

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹22.5 L/yr - ₹28.7 L/yr
11 years (AmbitionBox Estimate)

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₹22.3 L/yr - ₹28.6 L/yr
12 years (AmbitionBox Estimate)

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₹22.2 L/yr - ₹28.4 L/yr
13 years (AmbitionBox Estimate)

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₹22.1 L/yr - ₹28.3 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹2 L/yr - ₹9.92 L/yr
Credit Manager Salary
(92 salaries)
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₹3.95 L/yr - ₹13 L/yr
Sales Manager Salary
(84 salaries)
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₹2.5 L/yr - ₹10.3 L/yr
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₹5 L/yr - ₹9 L/yr
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₹14 L/yr - ₹16 L/yr

Salary related reviews for Kotak Mahindra Bank

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
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Kotak Mahindra Bank Regional Credit Manager Salary FAQs

How the salary growth look like for a Regional Credit Manager at Kotak Mahindra Bank in Hyderabad / Secunderabad?
The salary growth for a Regional Credit Manager at Kotak Mahindra Bank in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Regional Credit Manager in Hyderabad / Secunderabad can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
10 years ₹22.5 Lakhs to ₹28.7 Lakhs per year
11 years ₹22.3 Lakhs to ₹28.6 Lakhs per year
12 years ₹22.2 Lakhs to ₹28.4 Lakhs per year
13 years ₹22.1 Lakhs to ₹28.3 Lakhs per year
and so on.

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Kotak Mahindra Bank Regional Credit Manager salary in Hyderabad / Secunderabad ranges between ₹22 Lakhs to ₹25.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.