Kotak Mahindra Prime Credit Associate Salaries by 4 Employees (Updated 2025)

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₹1.9 Lakh - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Credit Associate Salary in NBFC Companies for 2 years of experience

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Salaries in different departments

Finance & Accounting Credit Associate Salary 2 years exp. (3 salaries)	₹1.9 L/yr - ₹3.7 L/yr
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Customer Success, Service & Operations Credit Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.7 L/yr

Last Updated: 5 Oct 2023

Companies similar to Kotak Mahindra Prime for Credit Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Associate Salary 3 - 7 years exp. (4 salaries)	₹1.2 L/yr - ₹5 L/yr 13% less
ICICI Bank Credit Associate Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹2.5 L/yr 9% less
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Axis Bank Credit Associate Salary 1 - 3 years exp. (6 salaries)	₹1.9 L/yr - ₹4 L/yr 5% more
Tata Capital Credit Associate Salary 2 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 15% less
Mahindra Finance Credit Associate Salary 2 - 3 years exp. (4 salaries)	₹1.1 L/yr - ₹1.9 L/yr 37% less
Aditya Birla Finance Credit Associate Salary 3 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 25% more
Mahindra Rural Housing Finance Credit Associate Salary 0 - 5 years exp. (75 salaries)	₹1.3 L/yr - ₹2.4 L/yr 32% less
InCred Finance Credit Associate Salary 0 - 5 years exp. (6 salaries)	₹1 L/yr - ₹2.8 L/yr 11% less
Hero FinCorp Credit Associate Salary 4 - 6 years exp. (5 salaries)	₹4 L/yr - ₹7.2 L/yr 97% more
PNB Housing Finance Credit Associate Salary 1 - 8 years exp. (4 salaries)	₹2.7 L/yr - ₹4 L/yr 27% more
Muthoottu Mini Financiers Credit Associate Salary 2 - 3 years exp. (3 salaries)	₹1 L/yr - ₹2.4 L/yr 25% less
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Credit Associate salary at Kotak Mahindra Prime ranges between ₹1.9 Lakh to ₹3.7 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Credit Associate salaries

Last Updated: 5 Oct 2023

Experience	Avg Annual Salary
2 years (4 salaries)	₹1.9 L/yr - ₹3.7 L/yr
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Similar Designation salaries in Kotak Mahindra Prime

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Analyst Salary

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Finance Executive Salary

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Financial Analyst Salary

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Salary related reviews for Kotak Mahindra Prime

1.0

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.

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.

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.

Dislikes

Mid management involved in politics and favourism based on religion.

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,

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.

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.

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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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Prime Credit Associate Salary FAQs

What is the salary of Credit Associate at Kotak Mahindra Prime?

Credit Associate salary at Kotak Mahindra Prime in India ranges between ₹1.9 Lakhs to ₹3.7 Lakhs for 2 years of experience. According to our estimates it is 40% less than the average Credit Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Prime India.

How does the salary of a Credit Associate at Kotak Mahindra Prime India compare with the average salary range for this job?

The average salary of a Credit Associate at Kotak Mahindra Prime is 40% less than the average salary of a Credit Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Prime to a Credit Associate in India?

Hero FinCorp Credit Associate Salary - ₹4.0 Lakhs to ₹7.2 Lakhs per year
PNB Housing Finance Credit Associate Salary - ₹2.7 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Finance Credit Associate Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
Axis Bank Credit Associate Salary - ₹1.9 Lakhs to ₹4.0 Lakhs per year

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

ICICI Bank Credit Associate Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year
InCred Finance Credit Associate Salary - ₹1.0 Lakhs to ₹2.8 Lakhs per year
HDFC Bank Credit Associate Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Tata Capital Credit Associate Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year
Muthoottu Mini Financiers Credit Associate Salary - ₹1.0 Lakhs to ₹2.4 Lakhs per year

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

The estimated take-home salary of a Credit Associate at Kotak Mahindra Prime ranges between ₹18,832 per month to ₹20,512 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Prime Credit Associate salary in India which ranges between ₹1.9 Lakhs to ₹3.7 Lakhs per year for employees with 2 years of experience. Check how did we calculate take home salary?

What is the notice period for Credit Associate at Kotak Mahindra Prime?

According to AmbitionBox, 50% of the Kotak Mahindra Prime Credit Associates reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Prime Credit Associate Salaries

Kotak Mahindra Prime Credit Associate salary in India ranges between ₹1.9 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.