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Kotak Mahindra Bank Senior Manager Credit salaries in Vadodara

Annual salary range
2 - 10 years exp.
₹8.3 Lakhs - ₹12.4 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

BFSI, Investments & Trading
Senior Manager Credit Salary
2 - 10 years exp. (4 salaries)
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₹8.3 L/yr - ₹12.3 L/yr

Finance & Accounting
Senior Manager Credit Salary
4 - 5 years exp. (3 salaries)
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₹11 L/yr - ₹12.6 L/yr

Last Updated: 5 Dec 2024

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

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Kotak Mahindra Bank Senior Manager Credit Salary

2 - 10 years exp. (9 salaries)

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₹8.3 L/yr - ₹12.4 L/yr

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

4 - 12 years exp. (8 salaries)

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₹11.5 L/yr - ₹18 L/yr

arrow icon 17% more
1 job opening
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IDFC FIRST Bank Senior Manager Credit Salary

9 - 12 years exp. (7 salaries)

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₹8 L/yr - ₹12.7 L/yr

arrow icon 9% less
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₹13 L/yr - ₹21.9 L/yr

arrow icon 62% more
Senior Manager Credit salary at Kotak Mahindra Bank ranges between ₹8.3 Lakhs to ₹12.4 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

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

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Experience wise Kotak Mahindra Bank Senior Manager Credit salaries in Vadodara

Last Updated: 5 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹21.9 L/yr
3 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹22 L/yr
4 years  (3 salaries)

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₹10 L/yr - ₹22 L/yr
5 years (AmbitionBox Estimate)

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₹11 L/yr - ₹12.4 L/yr
6 years (AmbitionBox Estimate)

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₹11 L/yr - ₹14.1 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

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₹3.5 L/yr - ₹11 L/yr

Top skills at Kotak Mahindra Bank for Senior Manager Credit

Credit Risk Banking Credit Analysis

Salary related reviews for Kotak Mahindra Bank

3.9

Rated by 2 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

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Dislikes

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

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

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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

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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

 · 

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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Kotak Mahindra Bank Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Kotak Mahindra Bank Vadodara?
Senior Manager Credit salary at Kotak Mahindra Bank in Vadodara ranges between ₹8.3 Lakhs to ₹12.4 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 9 latest salaries received from various employees of Kotak Mahindra Bank Vadodara.
How does the salary of a Senior Manager Credit at Kotak Mahindra Bank Vadodara 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 Vadodara. 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 Vadodara.
Which similar companies are paying more than Kotak Mahindra Bank to a Senior Manager Credit in Vadodara?
  • Union Bank of India Senior Manager Credit Salary - ₹13.0 Lakhs to ₹21.9 Lakhs per year
  • HDFC Bank Senior Manager Credit Salary - ₹11.5 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Senior Manager Credit in companies similar to Kotak Mahindra Bank in Vadodara?
  • IDFC FIRST Bank Senior Manager Credit Salary - ₹8.0 Lakhs to ₹12.7 Lakhs per year
What is the estimated take home salary of a Senior Manager Credit at Kotak Mahindra Bank in Vadodara?
The estimated take-home salary of a Senior Manager Credit at Kotak Mahindra Bank ranges between ₹87,236 per month to ₹89,523 per month in Vadodara. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Manager Credit salary in India which ranges between ₹8.3 Lakhs to ₹12.4 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 Vadodara?
According to AmbitionBox, 75% of the Kotak Mahindra Bank Senior Manager Credits in Vadodara reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Senior Manager Credit salary in Vadodara ranges between ₹8.3 Lakhs to ₹12.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.