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Kotak Mahindra Bank Zonal Credit Manager salaries in India

Annual salary range
16 - 19 years exp.
₹30.5 Lakhs - ₹42.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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40% more than the average Zonal Credit Manager Salary in Banking Companies for 16 - 19 years of experience

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Last Updated: 16 Jan 2024

Companies similar to Kotak Mahindra Bank for Zonal Credit Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Zonal Credit Manager Salary

6 - 17 years exp. (322 salaries)

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₹10.8 L/yr - ₹36 L/yr

arrow icon 37% less
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Axis Bank Zonal Credit Manager Salary

11 - 22 years exp. (21 salaries)

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₹16.8 L/yr - ₹36 L/yr

arrow icon 24% less
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State Bank of India Zonal Credit Manager Salary

14 - 15 years exp. (4 salaries)

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₹25 L/yr - ₹28 L/yr

arrow icon 24% less
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IndusInd Bank Zonal Credit Manager Salary

11 - 19 years exp. (36 salaries)

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₹13.7 L/yr - ₹41 L/yr

arrow icon 20% less
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Yes Bank Zonal Credit Manager Salary

13 - 21 years exp. (19 salaries)

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₹25 L/yr - ₹40 L/yr

arrow icon 9% less
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IDFC FIRST Bank Zonal Credit Manager Salary

15 - 20 years exp. (11 salaries)

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₹25 L/yr - ₹41.8 L/yr

arrow icon 8% more
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RBL Bank Zonal Credit Manager Salary

14 - 22 years exp. (12 salaries)

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₹17.1 L/yr - ₹31.2 L/yr

arrow icon 27% less
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₹20 L/yr - ₹35 L/yr

arrow icon 19% less
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Karur Vysya Bank Zonal Credit Manager Salary

10 - 16 years exp. (5 salaries)

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₹24 L/yr - ₹29 L/yr

arrow icon 27% less
Zonal Credit Manager salary at Kotak Mahindra Bank ranges between ₹30.5 Lakhs to ₹42.5 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Zonal Credit Manager

1y ago
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19 years exp.
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18 years exp.
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17 years exp.
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16 years exp.

Experience wise Kotak Mahindra Bank Zonal Credit Manager salaries

Last Updated: 16 Jan 2024

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹30.5 L/yr - ₹42.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹16.2 L/yr - ₹30 L/yr
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₹6.5 L/yr - ₹24.5 L/yr
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₹4.85 L/yr - ₹9.5 L/yr
Credit Manager Salary
(1k salaries)
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₹3.75 L/yr - ₹14.5 L/yr
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₹3.75 L/yr - ₹6 L/yr
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₹7 L/yr - ₹13.5 L/yr
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₹2 L/yr - ₹4.1 L/yr
Sales Manager Salary
(729 salaries)
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₹2.31 L/yr - ₹10.14 L/yr
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₹2.8 L/yr - ₹3.4 L/yr
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₹1.5 L/yr - ₹10 L/yr
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Salary related reviews for Kotak Mahindra Bank

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.

read more
  • Salary - Bad

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 Dec 2023

3.0
 for  Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

  • Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

read more
  • Skill development - Poor
  • +1 more
see more salary related reviews

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Kotak Mahindra Bank Zonal Credit Manager Salary FAQs

What is the salary of Zonal Credit Manager at Kotak Mahindra Bank?
Zonal Credit Manager salary at Kotak Mahindra Bank in India ranges between ₹30.5 Lakhs to ₹42.5 Lakhs for experience between 16 years to 19 years. According to our estimates it is 40% more than the average Zonal Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Zonal Credit Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Zonal Credit Manager at Kotak Mahindra Bank is 40% more than the average salary of a Zonal Credit Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Zonal Credit Manager in India?
  • IDFC FIRST Bank Zonal Credit Manager Salary - ₹25.0 Lakhs to ₹41.8 Lakhs per year
What is the salary of a Zonal Credit Manager in companies similar to Kotak Mahindra Bank in India?
  • Yes Bank Zonal Credit Manager Salary - ₹25.0 Lakhs to ₹40.0 Lakhs per year
  • Jana Small Finance Bank Zonal Credit Manager Salary - ₹20.0 Lakhs to ₹35.0 Lakhs per year
  • IndusInd Bank Zonal Credit Manager Salary - ₹13.7 Lakhs to ₹41.0 Lakhs per year
  • Axis Bank Zonal Credit Manager Salary - ₹16.8 Lakhs to ₹36.0 Lakhs per year
  • State Bank of India Zonal Credit Manager Salary - ₹25.0 Lakhs to ₹28.0 Lakhs per year
What is the estimated take home salary of a Zonal Credit Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Zonal Credit Manager at Kotak Mahindra Bank ranges between ₹2,10,216 per month to ₹2,18,584 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Zonal Credit Manager salary in India which ranges between ₹30.5 Lakhs to ₹42.5 Lakhs per year for employees with experience between 16 years to 19 years. Check how did we calculate take home salary?
What is the notice period for Zonal Credit Manager at Kotak Mahindra Bank?
According to AmbitionBox, 100% of the Kotak Mahindra Bank Zonal Credit Managers 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 Zonal Credit Manager salary in India ranges between ₹30.5 Lakhs to ₹42.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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