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Kotak Mahindra Bank Senior Manager Credit salaries in Ahmedabad

Annual salary range
2 - 10 years exp.
₹8.5 Lakhs - ₹15.5 Lakhs
Salary of majority employees
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8% less than the average Senior Manager Credit Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Senior Manager Credit Salary
2 - 9 years exp. (12 salaries)
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₹8.5 L/yr - ₹15.5 L/yr

BFSI, Investments & Trading
Senior Manager Credit Salary
2 - 10 years exp. (7 salaries)
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₹9 L/yr - ₹15 L/yr

Risk Management & Compliance
Senior Manager Credit Salary
4 years exp. (AmbitionBox Estimate)
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₹12.1 L/yr - ₹14.5 L/yr

Last Updated: 3 Dec 2024

Companies similar to Kotak Mahindra Bank for Senior Manager Credit in Ahmedabad

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Kotak Mahindra Bank Senior Manager Credit Salary

2 - 10 years exp. (25 salaries)

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₹8.5 L/yr - ₹15.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Senior Manager Credit Salary

4 - 13 years exp. (29 salaries)

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₹10 L/yr - ₹19.6 L/yr

arrow icon 12% more
1 job opening
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ICICI Bank Senior Manager Credit Salary

2 - 8 years exp. (12 salaries)

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₹10.1 L/yr - ₹22 L/yr

arrow icon 22% more
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Axis Bank Senior Manager Credit Salary

6 - 9 years exp. (4 salaries)

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₹10.2 L/yr - ₹16.5 L/yr

arrow icon 34% more
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Yes Bank Senior Manager Credit Salary

5 - 10 years exp. (7 salaries)

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₹9.3 L/yr - ₹13 L/yr

arrow icon 3% more
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IDFC FIRST Bank Senior Manager Credit Salary

6 - 10 years exp. (3 salaries)

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₹9 L/yr - ₹11 L/yr

arrow icon 14% less
Senior Manager Credit salary at Kotak Mahindra Bank ranges between ₹8.5 Lakhs to ₹15.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 25 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Manager Credit in Ahmedabad

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Experience wise Kotak Mahindra Bank Senior Manager Credit salaries in Ahmedabad

Last Updated: 3 Dec 2024

Experience Avg Annual Salary
2 years  (7 salaries)

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₹9.3 L/yr - ₹14.5 L/yr
3 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹12.3 L/yr
4 years  (4 salaries)

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₹8.5 L/yr - ₹14.5 L/yr
5 years  (6 salaries)

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₹9 L/yr - ₹15.5 L/yr
6 years  (4 salaries)

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₹9.4 L/yr - ₹13 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(405 salaries)
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₹2.05 L/yr - ₹7.8 L/yr
Credit Manager Salary
(86 salaries)
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₹4.32 L/yr - ₹12.6 L/yr
Branch Manager Salary
(45 salaries)
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₹6.96 L/yr - ₹21 L/yr
Chief Manager Salary
(31 salaries)
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₹8.15 L/yr - ₹27 L/yr
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₹6.5 L/yr - ₹24 L/yr
Credit Analyst Salary
(5 salaries)
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₹6.97 L/yr - ₹14.72 L/yr

Top skills at Kotak Mahindra Bank for Senior Manager Credit

Credit Risk Banking Credit Analysis

Salary related reviews for Kotak Mahindra Bank

1.0

Rated by 1 employees for salary & benefits

Finance & Accounting Department

4.0
  •  posted on 24 Oct 2018

2.0
 for  Salary and Benefits

Likes

Working culture and there motive to promote internal team members is good, Job transfer available post 2years completion. Young generation leading most of the verticals which helps to learn many things in professional life

read more

Dislikes

Pay scale is less as compared to market, hike n promotions are slow, proper training for job roles not given

read 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

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.

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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.

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Dislikes

Salary, promortion - these are the worst over here.

Full Time

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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.

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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.

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Full Time

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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.

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.

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Kotak Mahindra Bank Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Kotak Mahindra Bank Ahmedabad?
Senior Manager Credit salary at Kotak Mahindra Bank in Ahmedabad ranges between ₹8.5 Lakhs to ₹15.5 Lakhs for experience between 2 years to 10 years. According to our estimates it is 8% less than the average Senior Manager Credit Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Kotak Mahindra Bank Ahmedabad.
How does the salary of a Senior Manager Credit at Kotak Mahindra Bank Ahmedabad compare with the average salary range for this job?
The average salary of a Senior Manager Credit at Kotak Mahindra Bank is 8% less than the average salary of a Senior Manager Credit in Ahmedabad. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Manager Credit at Kotak Mahindra Bank?
Credit Risk, Banking and Credit Analysis are some of the popular skills required to work as a Senior Manager Credit at Kotak Mahindra Bank Ahmedabad.
Which similar companies are paying more than Kotak Mahindra Bank to a Senior Manager Credit in Ahmedabad?
  • Axis Bank Senior Manager Credit Salary - ₹10.2 Lakhs to ₹16.5 Lakhs per year
  • ICICI Bank Senior Manager Credit Salary - ₹10.1 Lakhs to ₹22.0 Lakhs per year
  • HDFC Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹19.6 Lakhs per year
  • Yes Bank Senior Manager Credit Salary - ₹9.3 Lakhs to ₹13.0 Lakhs per year
What is the salary of a Senior Manager Credit in companies similar to Kotak Mahindra Bank in Ahmedabad?
  • IDFC FIRST Bank Senior Manager Credit Salary - ₹9.0 Lakhs to ₹11.0 Lakhs per year
What is the estimated take home salary of a Senior Manager Credit at Kotak Mahindra Bank in Ahmedabad?
The estimated take-home salary of a Senior Manager Credit at Kotak Mahindra Bank ranges between ₹86,189 per month to ₹88,446 per month in Ahmedabad. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Manager Credit salary in India which ranges between ₹8.5 Lakhs to ₹15.5 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager Credit at Kotak Mahindra Bank in Ahmedabad?
According to AmbitionBox, 92% of the Kotak Mahindra Bank Senior Manager Credits in Ahmedabad reported a notice period of 3 Months, 4% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Manager Credit salary in Ahmedabad ranges between ₹8.5 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 25 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.