Kotak Mahindra Bank Kolkata Senior Manager Credit Salaries by 20+ Employees (Updated 2025)

4 - 8 years exp.

₹8.5 Lakhs - ₹13.4 Lakhs

Salary of majority employees

8% less than the average Senior Manager Credit Salary in Banking Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 4 - 8 years exp. (11 salaries)	₹8.5 L/yr - ₹13.4 L/yr
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Finance & Accounting Senior Manager Credit Salary 4 - 8 years exp. (7 salaries)	₹9.5 L/yr - ₹13 L/yr

Last Updated: 14 Dec 2024

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

Kotak Mahindra Bank Senior Manager Credit Salary

4 - 8 years exp. (22 salaries)

₹8.5 L/yr - ₹13.4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Credit Salary 5 - 11 years exp. (14 salaries)	₹8.6 L/yr - ₹19.5 L/yr 8% more	1 job opening
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (4 salaries)	₹12 L/yr - ₹15.5 L/yr 12% more
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Axis Bank Senior Manager Credit Salary 8 - 13 years exp. (4 salaries)	₹14.5 L/yr - ₹17 L/yr 33% more
Bank of Baroda Senior Manager Credit Salary 11 - 13 years exp. (6 salaries)	₹18 L/yr - ₹27 L/yr 102% more
IndusInd Bank Senior Manager Credit Salary 6 - 10 years exp. (4 salaries)	₹8 L/yr - ₹11.7 L/yr 19% less
Central Bank of India Senior Manager Credit Salary 10 - 12 years exp. (3 salaries)	₹18 L/yr - ₹22 L/yr 45% more
IDFC FIRST Bank Senior Manager Credit Salary 2 - 6 years exp. (3 salaries)	₹10 L/yr - ₹12 L/yr 10% less

Senior Manager Credit salary at Kotak Mahindra Bank ranges between ₹8.5 Lakhs to ₹13.4 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Manager Credit salaries in Kolkata

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹8.7 L/yr - ₹22.3 L/yr
5 years (7 salaries)	₹8.5 L/yr - ₹22.4 L/yr
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6 years (7 salaries)	₹9 L/yr - ₹13 L/yr
7 years (3 salaries)	₹12 L/yr - ₹13 L/yr
8 years (AmbitionBox Estimate)	₹5 L/yr - ₹13.4 L/yr

From

Senior Manager Credit

₹

Lakhs/yr

2 - 12 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Senior Manager Credit 2 - 12 years exp.

Chief Manager 7 - 19 years exp.

46% hike

Associate Vice President 3 - 21 years exp.

11% hike

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(488 salaries)

₹2.1 L/yr - ₹7 L/yr

Branch Manager Salary

(64 salaries)

₹8.5 L/yr - ₹22 L/yr

Credit Manager Salary

(54 salaries)

₹4 L/yr - ₹14.5 L/yr

Chief Manager Salary

(23 salaries)

₹10 L/yr - ₹21 L/yr

Area Credit Manager Salary

(5 salaries)

₹11 L/yr - ₹22.5 L/yr

Credit Analyst Salary

(4 salaries)

₹7.8 L/yr - ₹12.28 L/yr

Top skills at Kotak Mahindra Bank for Senior Manager Credit

Credit Risk Banking Credit Analysis

Salary related reviews for Kotak Mahindra Bank

2.7

Rated by 2 employees for salary & benefits

Senior Manager Credit in Vadodara

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

Skill development - Excellent

+5 more

Dislikes

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

Salary - Poor

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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at Kotak Mahindra Bank in Kolkata ranges between ₹8.5 Lakhs to ₹13.4 Lakhs for experience between 4 years to 8 years. According to our estimates it is 8% less than the average Senior Manager Credit Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Kotak Mahindra Bank Kolkata.

How does the salary of a Senior Manager Credit at Kotak Mahindra Bank Kolkata 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 Kolkata. 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 Kolkata.

Which similar companies are paying more than Kotak Mahindra Bank to a Senior Manager Credit in Kolkata?

Bank of Baroda Senior Manager Credit Salary - ₹18.0 Lakhs to ₹27.0 Lakhs per year
Central Bank of India Senior Manager Credit Salary - ₹18.0 Lakhs to ₹22.0 Lakhs per year
Axis Bank Senior Manager Credit Salary - ₹14.5 Lakhs to ₹17.0 Lakhs per year
ICICI Bank Senior Manager Credit Salary - ₹12.0 Lakhs to ₹15.5 Lakhs per year
HDFC Bank Senior Manager Credit Salary - ₹8.6 Lakhs to ₹19.5 Lakhs per year

What is the salary of a Senior Manager Credit in companies similar to Kotak Mahindra Bank in Kolkata?

IDFC FIRST Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank Senior Manager Credit Salary - ₹8.0 Lakhs to ₹11.7 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Kotak Mahindra Bank ranges between ₹88,585 per month to ₹90,911 per month in Kolkata. 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 ₹13.4 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager Credit at Kotak Mahindra Bank in Kolkata?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Senior Manager Credits in Kolkata reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Manager Credit Salaries in Kolkata

Kotak Mahindra Bank Senior Manager Credit salary in Kolkata ranges between ₹8.5 Lakhs to ₹13.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.