Kotak Mahindra Bank Senior Credit Analyst Salaries by 30+ Employees (Updated 2025)

1 - 7 years exp.

₹7 Lakhs - ₹18 Lakhs

Salary of majority employees

5% more than the average Senior Credit Analyst Salary in Banking Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Credit Analyst Salary 2 - 7 years exp. (10 salaries)	₹8 L/yr - ₹16.1 L/yr
Finance & Accounting Senior Credit Analyst Salary 2 - 7 years exp. (8 salaries)	₹9 L/yr - ₹18 L/yr
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Risk Management & Compliance Senior Credit Analyst Salary 3 - 6 years exp. (4 salaries)	₹12 L/yr - ₹15.8 L/yr

Last Updated: 12 Jan 2025

Companies similar to Kotak Mahindra Bank for Senior Credit Analyst

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Senior Credit Analyst Salary 4 - 12 years exp. (93 salaries)	₹9.6 L/yr - ₹26.5 L/yr 34% more
ICICI Bank Senior Credit Analyst Salary 2 - 7 years exp. (39 salaries)	₹9 L/yr - ₹25.5 L/yr 14% more
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Axis Bank Senior Credit Analyst Salary 2 - 12 years exp. (36 salaries)	₹8.5 L/yr - ₹28.7 L/yr 29% more
Federal Bank Senior Credit Analyst Salary 3 - 18 years exp. (14 salaries)	₹16 L/yr - ₹24 L/yr 62% more
HDFC Bank Senior Credit Analyst Salary 1 - 10 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 19% more
Yes Bank Senior Credit Analyst Salary 1 - 14 years exp. (10 salaries)	₹13.4 L/yr - ₹19 L/yr 28% more
HSBC Global Banking and Markets Senior Credit Analyst Salary 1 - 7 years exp. (7 salaries)	₹9.1 L/yr - ₹11.2 L/yr 16% less
Bank of Baroda Senior Credit Analyst Salary 4 - 13 years exp. (6 salaries)	₹15.5 L/yr - ₹25 L/yr 55% more
IDFC FIRST Bank Senior Credit Analyst Salary 2 - 6 years exp. (5 salaries)	₹8 L/yr - ₹15.8 L/yr 3% less
Bandhan Bank Senior Credit Analyst Salary 8 - 10 years exp. (3 salaries)	₹19 L/yr - ₹23 L/yr 70% more
South Indian Bank Senior Credit Analyst Salary 4 - 12 years exp. (3 salaries)	₹12.9 L/yr - ₹22 L/yr 32% more
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Jana Small Finance Bank Senior Credit Analyst Salary 2 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹10.1 L/yr 59% less
Karur Vysya Bank Senior Credit Analyst Salary 8 - 22 years exp. (3 salaries)	₹12 L/yr - ₹13 L/yr 2% more

Senior Credit Analyst salary at Kotak Mahindra Bank ranges between ₹7 Lakhs to ₹18 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 32 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Credit Analyst salaries

Last Updated: 12 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹12 L/yr
2 years (4 salaries)	₹8 L/yr - ₹21.5 L/yr
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3 years (7 salaries)	₹8 L/yr - ₹22 L/yr
4 years (6 salaries)	₹10.5 L/yr - ₹18 L/yr
5 years (4 salaries)	₹7 L/yr - ₹15.8 L/yr
6 years (7 salaries)	₹11 L/yr - ₹16.1 L/yr
7 years (3 salaries)	₹11 L/yr - ₹16 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Credit Analyst Salary

(243 salaries)

₹7.14 L/yr - ₹16.17 L/yr

Senior Analyst Salary

(10 salaries)

₹5.65 L/yr - ₹17.9 L/yr

Senior Financial Analyst Salary

(4 salaries)

₹6 L/yr - ₹13 L/yr

Business Analyst Salary

(308 salaries)

₹4.62 L/yr - ₹19 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Associate Analyst Salary

(5 salaries)

₹2.5 L/yr - ₹8 L/yr

Financial Analyst Salary

(13 salaries)

₹0.9 L/yr - ₹9.5 L/yr

Senior Associate Salary

(119 salaries)

₹1.4 L/yr - ₹4 L/yr

Credit Manager Salary

(1k salaries)

₹3.77 L/yr - ₹15 L/yr

Senior Process Associate Salary

(6 salaries)

₹3.15 L/yr - ₹5 L/yr

Salary related reviews for Kotak Mahindra Bank

1.1

Rated by 2 employees for salary & benefits

Senior Credit Analyst in New Delhi

BFSI, Investments & Trading Department

2.0

• posted on 15 Oct 2021

1.0

for Salary and Benefits

Likes

CAM writing format is good enough

Skill development - Good

Dislikes

...r organisation Negative location where unbearable parking expenses has to bear Salary cut during COVID times even after government guidelines on no salary cut No one can object on management decision else they will either terminate you or post you some other department where you would like to resign

Salary - Bad

+3 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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Kotak Mahindra Bank Senior Credit Analyst Salary FAQs

What is the salary of Senior Credit Analyst at Kotak Mahindra Bank ?

The average salary of a Senior Credit Analyst at Kotak Mahindra Bank in India typically ranges from ₹7.0 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Senior Credit Analyst at Kotak Mahindra Bank earn more than ₹15.9 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Senior Credit Analyst 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 30+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Senior Credit Analyst at Kotak Mahindra Bank in India typically ranges from ₹88,459 to ₹90,781 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 1 year to 7 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 30+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Senior Credit Analyst in India?

Bandhan Bank	₹19.0 Lakhs to ₹23.0 Lakhs per year
Federal Bank	₹16.0 Lakhs to ₹24.0 Lakhs per year
Bank of Baroda	₹15.5 Lakhs to ₹25.0 Lakhs per year
IndusInd Bank	₹9.6 Lakhs to ₹26.5 Lakhs per year
South Indian Bank	₹12.9 Lakhs to ₹22.0 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 Senior Credit Analyst in companies similar to Kotak Mahindra Bank in India?

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

Axis Bank	₹8.5 Lakhs to ₹28.7 Lakhs per year
Yes Bank	₹13.4 Lakhs to ₹19.0 Lakhs per year
HDFC Bank	₹8.0 Lakhs to ₹25.0 Lakhs per year
ICICI Bank	₹9.0 Lakhs to ₹25.5 Lakhs per year
Karur Vysya Bank	₹12.0 Lakhs to ₹13.0 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 Senior Credit Analyst at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
1 year	₹4.7 Lakhs to ₹12.0 Lakhs per year
2 years	₹8.0 Lakhs to ₹21.5 Lakhs per year
3 years	₹8.0 Lakhs to ₹22.0 Lakhs per year
4 years	₹10.5 Lakhs to ₹18.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Senior Credit Analyst Salaries by Location

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Kotak Mahindra Bank Senior Credit Analyst Salaries

Kotak Mahindra Bank Senior Credit Analyst salary in India ranges between ₹7 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Senior Credit Analyst salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Senior Credit Analyst

Latest annual salaries shared by Kotak Mahindra Bank Senior Credit Analyst

Experience wise Kotak Mahindra Bank Senior Credit Analyst salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Senior Credit Analyst in New Delhi

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Senior Credit Analyst Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Senior Credit Analyst Salaries by Location