Kotak Mahindra Bank Vice President Credit Salaries by 3 Employees

12 - 21 years exp.

₹23.3 Lakhs - ₹36 Lakhs

Low Confidence

Salary of majority employees

16% less than the average Vice President Credit Salary in Banking Companies for 12 - 21 years of experience

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Salaries in different departments

Finance & Accounting Vice President Credit Salary 12 years exp. (AmbitionBox Estimate)	₹20.9 L/yr - ₹25.6 L/yr
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Risk Management & Compliance Vice President Credit Salary 17 years exp. (AmbitionBox Estimate)	₹32.4 L/yr - ₹39.6 L/yr

Last Updated: 15 Mar 2023

Companies similar to Kotak Mahindra Bank for Vice President Credit

Company name	Avg Annual Salary	Open Jobs
Yes Bank Vice President Credit Salary 8 - 12 years exp. (4 salaries)	₹20 L/yr - ₹25 L/yr 26% less
IDFC FIRST Bank Vice President Credit Salary 16 - 18 years exp. (3 salaries)	₹23.8 L/yr - ₹38.2 L/yr 5% less
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Oaknorth Bank Vice President Credit Salary 10 - 18 years exp. (7 salaries)	₹37.7 L/yr - ₹54.7 L/yr 47% more
Vivriti Capital Vice President Credit Salary 13 - 14 years exp. (3 salaries)	₹61.8 L/yr - ₹68.3 L/yr 116% more
Karbon Card Vice President Credit Salary 6 - 8 years exp. (3 salaries)	₹25 L/yr - ₹33 L/yr 8% less

Vice President Credit salary at Kotak Mahindra Bank ranges between ₹23.3 Lakhs to ₹36 Lakhs per year for employees with experience between 12 years to 21 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Vice President Credit salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹20.9 L/yr - ₹26.7 L/yr
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15+ years (AmbitionBox Estimate)	₹30.2 L/yr - ₹38.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Credit Analyst Salary

(242 salaries)

₹6.04 L/yr - ₹16.7 L/yr

Area Credit Manager Salary

(80 salaries)

₹6.5 L/yr - ₹24.5 L/yr

Associate Vice President Salary

(1.5k salaries)

₹9.7 L/yr - ₹36 L/yr

Credit Officer Salary

(96 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Senior Credit Officer Salary

(3 salaries)

₹2.8 L/yr - ₹3.4 L/yr

Credit Underwriter Salary

(34 salaries)

₹1.75 L/yr - ₹8.45 L/yr

Branch Credit Manager Salary

(20 salaries)

₹4.85 L/yr - ₹9.5 L/yr

Credit Manager Salary

(1k salaries)

₹3.71 L/yr - ₹15 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹30.5 L/yr - ₹42.5 L/yr

Credit Executive Salary

(57 salaries)

₹1.8 L/yr - ₹3.3 L/yr

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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Kotak Mahindra Bank Vice President Credit Salary FAQs

How the salary growth look like for a Vice President Credit at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
12 years	₹20.9 Lakhs to ₹26.7 Lakhs per year
15 years	₹30.2 Lakhs to ₹38.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Vice President Credit Salaries

Kotak Mahindra Bank Vice President Credit salary in India ranges between ₹23.3 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Vice President Credit salaries in India

Companies similar to Kotak Mahindra Bank for Vice President Credit

Latest annual salaries shared by Kotak Mahindra Bank Vice President Credit

Experience wise Kotak Mahindra Bank Vice President Credit salaries

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Noida

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Kotak Mahindra Bank Vice President Credit Salary FAQs

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