Kotak Mahindra Bank Location Credit Manager Salaries by 100+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Location Credit Manager 3 - 12 years exp. (144 salaries)	₹5.4 L/yr - ₹21.5 L/yr
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Acquisition Manager 0 - 5 years exp. (286 salaries)	₹1.8 L/yr - ₹4.3 L/yr
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Branch Head 8 - 18 years exp. (277 salaries)	₹6.3 L/yr - ₹23 L/yr
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Back Office Executive 0 - 6 years exp. (268 salaries)	₹1.2 L/yr - ₹3.2 L/yr
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Operations Manager 3 - 13 years exp. (257 salaries)	₹2 L/yr - ₹12 L/yr
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Assistant Vice President 6 - 18 years exp. (250 salaries)	₹9 L/yr - ₹35.1 L/yr	4 job openings
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Area Sales Manager 6 - 17 years exp. (248 salaries)	₹5.3 L/yr - ₹23 L/yr
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Product Sales Manager 1 - 10 years exp. (243 salaries)	₹4.3 L/yr - ₹13 L/yr
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Senior Relationship Manager 4 - 13 years exp. (241 salaries)	₹4.1 L/yr - ₹15.1 L/yr	1 job opening
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Sales Coordinator 1 - 9 years exp. (222 salaries)	₹1.5 L/yr - ₹3.8 L/yr
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Kotak Mahindra Bank 1 - 7 years exp. (211 salaries)	₹1 L/yr - ₹8.5 L/yr	15 job openings
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Operations Executive 0 - 5 years exp. (204 salaries)	₹1.1 L/yr - ₹4.5 L/yr
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Service Manager 2 - 16 years exp. (202 salaries)	₹2.3 L/yr - ₹13.5 L/yr
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Banking Officer 1 - 6 years exp. (194 salaries)	₹1.6 L/yr - ₹5 L/yr
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MIS Executive 0 - 6 years exp. (190 salaries)	₹1.6 L/yr - ₹4 L/yr
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Premier Acquisition Manager 0 - 6 years exp. (188 salaries)	₹2.8 L/yr - ₹6.4 L/yr
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Deputy Branch Manager 4 - 12 years exp. (187 salaries)	₹4.1 L/yr - ₹16 L/yr
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Assistant Sales Manager 1 - 6 years exp. (181 salaries)	₹1.8 L/yr - ₹5 L/yr
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DEP Manager, Sales 3 - 8 years exp. (180 salaries)	₹1.9 L/yr - ₹6.5 L/yr
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Assistant Manager Operations 1 - 6 years exp. (180 salaries)	₹2 L/yr - ₹4.2 L/yr
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Relationship Manager - Business Banking 0 - 13 years exp. (177 salaries)	₹3.7 L/yr - ₹13 L/yr	1 job opening
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What people are saying about Kotak Mahindra Bank

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a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Salary related reviews for Kotak Mahindra Bank

2.9

Rated by 22 employees for salary & benefits

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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Average annual salary for Location Credit Manager in Kotak Mahindra Bank is INR . Salary estimates are based on 100+ Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.