Kotak Mahindra Prime Area Credit Manager Salaries by 6 Employees

7 - 10 years exp.

₹10 Lakhs - ₹15.3 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹12.7 Lakhs

Variable (0%)

₹0.0

6% more than the average Area Credit Manager Salary in NBFC Companies for 7 - 10 years of experience

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Last Updated: 23 Apr 2023

Companies similar to Kotak Mahindra Prime for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Hero FinCorp Area Credit Manager Salary 5 - 13 years exp. (130 salaries)	₹7.3 L/yr - ₹20.4 L/yr 14% more	1 job opening
Bajaj Housing Finance Area Credit Manager Salary 2 - 10 years exp. (55 salaries)	₹6 L/yr - ₹16 L/yr 13% less
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Tyger Capital Area Credit Manager Salary 6 - 15 years exp. (52 salaries)	₹5.3 L/yr - ₹11.2 L/yr 34% less
PNB Housing Finance Area Credit Manager Salary 5 - 10 years exp. (51 salaries)	₹9 L/yr - ₹22 L/yr 21% more	1 job opening
Ugro Capital Area Credit Manager Salary 3 - 10 years exp. (48 salaries)	₹6.6 L/yr - ₹16 L/yr 11% less
Sammaan Capital Limited Area Credit Manager Salary 5 - 15 years exp. (45 salaries)	₹5.1 L/yr - ₹14.1 L/yr 20% less
Mahindra Rural Housing Finance Area Credit Manager Salary 6 - 18 years exp. (38 salaries)	₹5.6 L/yr - ₹14.8 L/yr 28% less	1 job opening
India Shelter Finance Corporation Area Credit Manager Salary 3 - 14 years exp. (27 salaries)	₹5.9 L/yr - ₹12.5 L/yr 33% less
Shubham Housing Development Finance Area Credit Manager Salary 8 - 12 years exp. (26 salaries)	₹6.5 L/yr - ₹12 L/yr 25% less
Finova Capital Area Credit Manager Salary 4 - 13 years exp. (23 salaries)	₹5.4 L/yr - ₹11.2 L/yr 32% less
Electronica Finance Area Credit Manager Salary 4 - 9 years exp. (21 salaries)	₹4.5 L/yr - ₹7.8 L/yr 49% less
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Tata Capital Housing Finance Area Credit Manager Salary 4 - 14 years exp. (20 salaries)	₹11 L/yr - ₹20.7 L/yr 22% more
InCred Finance Area Credit Manager Salary 4 - 11 years exp. (19 salaries)	₹9 L/yr - ₹15 L/yr 8% less
IKF Finance Area Credit Manager Salary 7 - 10 years exp. (8 salaries)	₹9.6 L/yr - ₹14 L/yr 9% less
Hinduja Leyland Finance Area Credit Manager Salary 4 - 16 years exp. (6 salaries)	₹4.8 L/yr - ₹11.4 L/yr 26% less
LIC Housing Finance Area Credit Manager Salary 4 - 20 years exp. (4 salaries)	₹8.5 L/yr - ₹20 L/yr 20% more
Vistaar Finance Area Credit Manager Salary 3 - 16 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 28% less
MAS Financial Services Area Credit Manager Salary 7 - 13 years exp. (4 salaries)	₹4.5 L/yr - ₹6.7 L/yr 57% less
Dvara KGFS Area Credit Manager Salary 12 - 15 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 49% less
Light Microfinance Area Credit Manager Salary 0 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹4.8 L/yr 68% less

Area Credit Manager salary at Kotak Mahindra Prime ranges between ₹10 Lakhs to ₹15.3 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Area Credit Manager salaries

Last Updated: 23 Apr 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹22.9 L/yr
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹22.9 L/yr
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9 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr
10 years (AmbitionBox Estimate)	₹12 L/yr - ₹23 L/yr

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Salary related reviews for Kotak Mahindra Prime

2.0

Rated by 1 employees for salary & benefits

Deputy Manager in Ajmer

Full Time

Sales & Business Development Department

3.0

• posted on 26 Jul 2024

2.0

for Salary and Benefits

Likes

Job stability, transfers, open door policy.

Job security - Excellent

Dislikes

No Promotion policy is defined or followed. No considerable salary hike. You can be sitting at the same salary forever if you don’t switch. Office politics cannot even be described in words. No bonus.

Salary - Poor

+2 more

Deputy Manager in Goregaon

Other Department

3.0

• posted on 24 Jan 2021

2.0

for Salary and Benefits

Likes

Great company culture. No pay cuts even in pandemic times. Overall great company to work. But the growth prospects is very slow. Yearly appraisals are below expectations.

Job security - Excellent

+2 more

Dislikes

Mid management involved in politics and favourism based on religion.

Salary - Poor

+2 more

Relationship Manager in Nagpur

Finance Department

5.0

• posted on 24 Jan 2020

4.0

for Salary and Benefits

Likes

... and the culture of the company is excellent, teammates and Superiors are very supportive, need to chnge salary structure, appraisal ratings are too good, learning policies are advanced, work environment is excellent, excellent company for work satisfaction and stability,

Salary - Good

+6 more

Dislikes

Salary structure need to be change

Senior Manager in Goregaon

Full Time

Finance & Accounting Department

4.0

• posted on 09 May 2023

3.0

for Salary and Benefits

Likes

There is an open door policy,we can anytime directly interact with management.

Job security - Good

+3 more

Dislikes

The only point i would like to highlight is the company should think about salary structure for employee is very low compared to other banking industry. As per the grade the salary doesn't Match.

Senior Area Sales Manager in Madurai

Full Time

Sales & Business Development Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Work culture, individual development, ownership, Job security hi level management recognition and appreciation is good.

Skill development - Good

+5 more

Dislikes

Pay level and incentives not match with market but if our performance is good we get all things

see more salary related reviews

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Kotak Mahindra Prime Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Kotak Mahindra Prime ?

The average salary of a Area Credit Manager at Kotak Mahindra Prime in India typically ranges from ₹10.0 Lakhs to ₹15.3 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Area Credit Manager at Kotak Mahindra Prime earn more than ₹14.9 Lakhs per year, and the top 1% earn over ₹15.3 Lakhs per year. Area Credit Manager Salaries at Kotak Mahindra Prime can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 6 Kotak Mahindra Prime employees in India.

What is the estimated take home salary of a Area Credit Manager at Kotak Mahindra Prime in India?

The estimated take-home salary of a Area Credit Manager at Kotak Mahindra Prime in India typically ranges from ₹90,235 to ₹92,607 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹15.3 Lakhs per year for employees with experience ranging from 7 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 6 salaries received from various employees of Kotak Mahindra Prime. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Prime for Area Credit Manager in India?

Tata Capital Housing Finance	₹11.0 Lakhs to ₹20.7 Lakhs per year
PNB Housing Finance	₹9.0 Lakhs to ₹22.0 Lakhs per year
LIC Housing Finance	₹8.5 Lakhs to ₹20.0 Lakhs per year
Hero FinCorp	₹7.3 Lakhs to ₹20.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Prime, depending on the role and experience level.

What is the salary of a Area Credit Manager in companies similar to Kotak Mahindra Prime in India?

The salary of a Area Credit Manager at companies similar to Kotak Mahindra Prime in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

InCred Finance	₹9.0 Lakhs to ₹15.0 Lakhs per year
IKF Finance	₹9.6 Lakhs to ₹14.0 Lakhs per year
Ugro Capital	₹6.6 Lakhs to ₹16.0 Lakhs per year
Bajaj Housing Finance	₹6.0 Lakhs to ₹16.0 Lakhs per year
Sammaan Capital Limited	₹5.1 Lakhs to ₹14.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Area Credit Manager at Kotak Mahindra Prime in India?

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

Experience	Average Salary Range
7 years	₹11.0 Lakhs to ₹22.9 Lakhs per year
8 years	₹10.0 Lakhs to ₹22.9 Lakhs per year
9 years	₹12.0 Lakhs to ₹15.3 Lakhs per year
10 years	₹12.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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Kotak Mahindra Prime Area Credit Manager Salaries

Kotak Mahindra Prime Area Credit Manager salary in India ranges between ₹10 Lakhs to ₹15.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.