Kotak Mahindra Bank New Delhi Regional Credit Manager Salaries by 5 Employees (Updated 2025)

13 - 20 years exp.

₹22.5 Lakhs - ₹26.1 Lakhs

Salary of majority employees

32% more than the average Regional Credit Manager Salary in Banking Companies for 13 - 20 years of experience

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Salaries in different departments

Risk Management & Compliance Regional Credit Manager Salary 19 - 20 years exp. (AmbitionBox Estimate)	₹24 L/yr - ₹28.4 L/yr
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BFSI, Investments & Trading Regional Credit Manager Salary 13 years exp. (AmbitionBox Estimate)	₹22.5 L/yr - ₹23.9 L/yr

Last Updated: 7 Jun 2023

Companies similar to Kotak Mahindra Bank for Regional Credit Manager in New Delhi

Kotak Mahindra Bank Regional Credit Manager Salary

13 - 20 years exp. (5 salaries)

₹22.5 L/yr - ₹26.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Regional Credit Manager Salary 10 - 12 years exp. (4 salaries)	₹27 L/yr - ₹32 L/yr 17% more
ICICI Bank Regional Credit Manager Salary 4 - 13 years exp. (76 salaries)	₹8.2 L/yr - ₹28 L/yr 35% less
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Axis Bank Regional Credit Manager Salary 10 - 13 years exp. (7 salaries)	₹17.1 L/yr - ₹26.4 L/yr 16% less
IndusInd Bank Regional Credit Manager Salary 10 - 16 years exp. (22 salaries)	₹14 L/yr - ₹26.5 L/yr 15% less	3 job openings
Yes Bank Regional Credit Manager Salary 10 - 17 years exp. (10 salaries)	₹19.8 L/yr - ₹40 L/yr 5% less
IDFC FIRST Bank Regional Credit Manager Salary 10 - 18 years exp. (10 salaries)	₹12 L/yr - ₹31 L/yr 2% less
RBL Bank Regional Credit Manager Salary 8 - 10 years exp. (3 salaries)	₹9.6 L/yr - ₹18.5 L/yr 30% less
Bandhan Bank Regional Credit Manager Salary 9 - 17 years exp. (12 salaries)	₹15.3 L/yr - ₹39 L/yr 14% more
Utkarsh Small Finance Bank Regional Credit Manager Salary 9 - 14 years exp. (6 salaries)	₹10 L/yr - ₹27 L/yr 36% less
Bank of Baroda Regional Credit Manager Salary 8 - 13 years exp. (4 salaries)	₹20.1 L/yr - ₹25 L/yr 14% less
Jana Small Finance Bank Regional Credit Manager Salary 9 - 11 years exp. (3 salaries)	₹15.3 L/yr - ₹18.5 L/yr 33% less
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Ujjivan Small Finance Bank Regional Credit Manager Salary 13 - 18 years exp. (3 salaries)	₹26.3 L/yr - ₹30 L/yr 4% more
Karur Vysya Bank Regional Credit Manager Salary 9 - 10 years exp. (3 salaries)	₹20 L/yr - ₹20.3 L/yr 22% less

Regional Credit Manager salary at Kotak Mahindra Bank ranges between ₹22.5 Lakhs to ₹26.1 Lakhs per year for employees with experience between 13 years to 20 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

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

Last Updated: 7 Jun 2023

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹46.3 L/yr
14 years (AmbitionBox Estimate)	₹23.2 L/yr - ₹29.6 L/yr
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15+ years (3 salaries)	₹24 L/yr - ₹46.7 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Relationship Manager Salary

(396 salaries)

₹1.8 L/yr - ₹11 L/yr

Credit Manager Salary

(159 salaries)

₹4.02 L/yr - ₹14 L/yr

Sales Manager Salary

(99 salaries)

₹1.8 L/yr - ₹10.15 L/yr

Area Credit Manager Salary

(14 salaries)

₹6.75 L/yr - ₹23.6 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹30.5 L/yr - ₹42.5 L/yr

Salary related reviews for Kotak Mahindra Bank

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

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Regional Credit Manager Salary FAQs

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

Regional Credit Manager salary at Kotak Mahindra Bank in New Delhi ranges between ₹22.5 Lakhs to ₹26.1 Lakhs for experience between 13 years to 20 years. According to our estimates it is 32% more than the average Regional Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

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

The average salary of a Regional Credit Manager at Kotak Mahindra Bank is 32% more than the average salary of a Regional Credit Manager in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Regional Credit Manager in New Delhi?

HDFC Bank Regional Credit Manager Salary - ₹27.0 Lakhs to ₹32.0 Lakhs per year
Bandhan Bank Regional Credit Manager Salary - ₹15.3 Lakhs to ₹39.0 Lakhs per year
Ujjivan Small Finance Bank Regional Credit Manager Salary - ₹26.3 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Regional Credit Manager in companies similar to Kotak Mahindra Bank in New Delhi?

IDFC FIRST Bank Regional Credit Manager Salary - ₹12.0 Lakhs to ₹31.0 Lakhs per year
Yes Bank Regional Credit Manager Salary - ₹19.8 Lakhs to ₹40.0 Lakhs per year
Bank of Baroda Regional Credit Manager Salary - ₹20.1 Lakhs to ₹25.0 Lakhs per year
IndusInd Bank Regional Credit Manager Salary - ₹14.0 Lakhs to ₹26.5 Lakhs per year
Axis Bank Regional Credit Manager Salary - ₹17.1 Lakhs to ₹26.4 Lakhs per year

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

The estimated take-home salary of a Regional Credit Manager at Kotak Mahindra Bank ranges between ₹1,62,701 per month to ₹1,68,921 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Regional Credit Manager salary in India which ranges between ₹22.5 Lakhs to ₹26.1 Lakhs per year for employees with experience between 13 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Regional Credit Manager at Kotak Mahindra Bank in New Delhi?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Regional Credit Managers in New Delhi reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Regional Credit Manager Salaries in New Delhi

Kotak Mahindra Bank Regional Credit Manager salary in New Delhi ranges between ₹22.5 Lakhs to ₹26.1 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.

Kotak Mahindra Bank Regional Credit Manager salaries in New Delhi

Companies similar to Kotak Mahindra Bank for Regional Credit Manager in New Delhi

Latest annual salaries shared by Kotak Mahindra Bank Regional Credit Manager in New Delhi

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

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Regional Credit Manager Salary FAQs

Tell us how to improve this page.