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Kotak Mahindra Bank Credit Manager Salaries in India (Updated 2025)

based on 1k latest salaries
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Designation Avg Annual Salary Open Jobs
0 - 10 years exp. (1k salaries)
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₹3.8 L/yr - ₹15 L/yr

0 - 13 years exp. (11.3k salaries)
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₹1.7 L/yr - ₹8.5 L/yr

0 - 12 years exp. (2.3k salaries)
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₹1.5 L/yr - ₹10 L/yr

5 job openings
7 - 20 years exp. (1k salaries)
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₹7 L/yr - ₹26 L/yr

1 job opening
Starting your career? Discover Kotak Mahindra Bank fresher salaries in India
7 - 19 years exp. (855 salaries)
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₹7.5 L/yr - ₹27 L/yr

1 - 12 years exp. (850 salaries)
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₹2.2 L/yr - ₹11.5 L/yr

0 - 6 years exp. (338 salaries)
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₹1.2 L/yr - ₹4.3 L/yr

1 - 8 years exp. (243 salaries)
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₹7.4 L/yr - ₹16.2 L/yr

1 - 6 years exp. (96 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

6 - 12 years exp. (73 salaries)
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₹6.5 L/yr - ₹23.6 L/yr

1 - 6 years exp. (54 salaries)
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₹1.9 L/yr - ₹3.3 L/yr

0 - 7 years exp. (34 salaries)
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₹1.8 L/yr - ₹8.5 L/yr

9 - 20 years exp. (27 salaries)
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₹16.2 L/yr - ₹30 L/yr

0 - 7 years exp. (22 salaries)
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₹2 L/yr - ₹4.1 L/yr

1 - 8 years exp. (21 salaries)
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₹3.8 L/yr - ₹6 L/yr

0 - 6 years exp. (21 salaries)
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₹1.8 L/yr - ₹4 L/yr

0 - 7 years exp. (20 salaries)
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₹4.9 L/yr - ₹9.5 L/yr

2 - 13 years exp. (4 salaries)
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₹7 L/yr - ₹13.5 L/yr

16 - 19 years exp. (4 salaries)
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₹30.5 L/yr - ₹42.5 L/yr

2 - 8 years exp. (3 salaries)
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₹2.8 L/yr - ₹3.4 L/yr

3 - 21 years exp. (1.5k salaries)
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₹9.7 L/yr - ₹36 L/yr

Last Updated: 2 Jan, 2025

What people are saying about Kotak Mahindra Bank

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I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.
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Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 118 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 23 Sep 2023

1.0
 for  Salary and Benefits

Likes

Skill Development and Learning

  • Skill development - Good

Dislikes

No Work-Life balance,no Salary & Benefits,not happy with Promotions / Appraisal,no Work Satisfaction,I don't kwon Company Culture, but department culture is veridis happy

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Work satisfaction - Poor
  • +2 more

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
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Average annual salary for Credit Manager in Kotak Mahindra Bank is INRunlock blur . Salary estimates are based on 1000+ Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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