Kotak Mahindra Prime Ludhiana Area Credit Manager Salaries by 3 Employees

7 - 9 years exp.

₹11 Lakhs - ₹15.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% less than the average Area Credit Manager Salary in NBFC Companies for 7 - 9 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Prime for Area Credit Manager in Ludhiana

Kotak Mahindra Prime Area Credit Manager Salary

7 - 9 years exp. (3 salaries)

₹11 L/yr - ₹15.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Housing Finance Area Credit Manager Salary 4 - 6 years exp. (3 salaries)	₹15.5 L/yr - ₹16.7 L/yr 26% more
ICICI Bank Area Credit Manager Salary 2 - 8 years exp. (11 salaries)	₹8 L/yr - ₹19 L/yr 10% more
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Axis Bank Area Credit Manager Salary 8 - 13 years exp. (7 salaries)	₹9.4 L/yr - ₹15.7 L/yr 3% more
HDB Financial Services Area Credit Manager Salary 9 - 12 years exp. (5 salaries)	₹7 L/yr - ₹12.2 L/yr 22% less	3 job openings
HDFC Bank Area Credit Manager Salary 11 - 17 years exp. (4 salaries)	₹20 L/yr - ₹24.5 L/yr 76% more

Area Credit Manager salary at Kotak Mahindra Prime ranges between ₹11 Lakhs to ₹15.3 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Area Credit Manager salaries in Ludhiana

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
8 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.6 L/yr
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9 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr

Similar Designation salaries in Kotak Mahindra Prime

Credit Manager Salary

(4 salaries)

₹5 L/yr - ₹7.6 L/yr

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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Kotak Mahindra Prime Area Credit Manager Salary FAQs

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

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

Experience	Average Salary Range
7 years	₹11.4 Lakhs to ₹14.6 Lakhs per year
8 years	₹11.5 Lakhs to ₹14.6 Lakhs per year
9 years	₹11.5 Lakhs to ₹14.7 Lakhs per year

and so on.

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Kotak Mahindra Prime Area Credit Manager Salaries in Ludhiana

Kotak Mahindra Prime Area Credit Manager salary in Ludhiana ranges between ₹11 Lakhs to ₹15.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.