Kotak Mahindra Bank Mumbai Sme Credit Manager Salaries by 2 Employees (Updated 2025)

7 - 8 years exp.

₹8.8 Lakhs - ₹11.3 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 15 Mar 2023

Companies similar to Kotak Mahindra Bank for Sme Credit Manager in Mumbai

Kotak Mahindra Bank Sme Credit Manager Salary

7 - 8 years exp. (AmbitionBox Estimate)

₹8.8 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
IDBI Bank Sme Credit Manager Salary 9 - 13 years exp. (3 salaries)	₹18.5 L/yr - ₹21.5 L/yr 93% more

Sme Credit Manager salary at Kotak Mahindra Bank ranges between ₹8.8 Lakhs to ₹11.3 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

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₹7.5 L/yr - ₹25.56 L/yr

Credit Officer Salary

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₹1.5 L/yr - ₹2.85 L/yr

Area Credit Manager Salary

(15 salaries)

₹7 L/yr - ₹18 L/yr

Regional Credit Manager Salary

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₹16.35 L/yr - ₹27 L/yr

Deputy Credit Manager Salary

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₹4 L/yr - ₹6 L/yr

Assistant Credit Manager Salary

(6 salaries)

₹2.5 L/yr - ₹3.99 L/yr

Branch Credit Manager Salary

(5 salaries)

₹7 L/yr - ₹9.5 L/yr

Top skills at Kotak Mahindra Bank for Sme Credit Manager

Risk Assessment Working Capital Management Credit Underwriting

Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 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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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Sme Credit Manager Salary FAQs

What is the notice period for Sme Credit Manager at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Sme Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Sme Credit Manager Salaries in Mumbai

Kotak Mahindra Bank Sme Credit Manager salary in Mumbai ranges between ₹8.8 Lakhs to ₹11.3 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.