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Kotak Mahindra Prime Credit Manager salaries in Mumbai (Updated 2025)

Annual salary range
1 - 8 years exp.
₹4.5 Lakhs - ₹11 Lakhs
Salary of majority employees
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At par with the average Credit Manager Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Credit Manager Salary
1 - 2 years exp. (6 salaries)
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₹5 L/yr - ₹11 L/yr

BFSI, Investments & Trading
Credit Manager Salary
2 - 4 years exp. (5 salaries)
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₹4.9 L/yr - ₹9 L/yr

Risk Management & Compliance
Credit Manager Salary
1 - 8 years exp. (4 salaries)
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₹6.9 L/yr - ₹10.7 L/yr

Last Updated: 28 Feb 2025

Companies similar to Kotak Mahindra Prime for Credit Manager in Mumbai

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Kotak Mahindra Prime Credit Manager Salary

1 - 8 years exp. (17 salaries)

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₹4.5 L/yr - ₹11 L/yr

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Company name Avg Annual Salary Open Jobs
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InCred Finance Credit Manager Salary

2 - 9 years exp. (24 salaries)

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₹4.1 L/yr - ₹10.4 L/yr

arrow icon 10% less
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PNB Housing Finance Credit Manager Salary

0 - 10 years exp. (19 salaries)

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₹5 L/yr - ₹11.4 L/yr

arrow icon 1% more
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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 49% less
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₹5 L/yr - ₹13.3 L/yr

arrow icon 5% more
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₹3.5 L/yr - ₹8 L/yr

arrow icon 37% less
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Ugro Capital Credit Manager Salary

6 - 11 years exp. (7 salaries)

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₹5.2 L/yr - ₹7.6 L/yr

arrow icon 22% less
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LIC Housing Finance Credit Manager Salary

3 - 11 years exp. (4 salaries)

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₹12.2 L/yr - ₹18 L/yr

arrow icon 92% more
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Manba Finance Credit Manager Salary

2 - 8 years exp. (4 salaries)

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₹3.7 L/yr - ₹8 L/yr

arrow icon 27% less
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Bajaj Housing Finance Credit Manager Salary

1 - 4 years exp. (4 salaries)

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₹3.1 L/yr - ₹10 L/yr

arrow icon 38% less
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Hinduja Leyland Finance Credit Manager Salary

4 - 18 years exp. (4 salaries)

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₹7.3 L/yr - ₹13.3 L/yr

arrow icon 6% more
Credit Manager salary at Kotak Mahindra Prime ranges between ₹4.5 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 17 latest salaries received from various employees of Kotak Mahindra Prime.

Latest annual salaries shared by Kotak Mahindra Prime Credit Manager in Mumbai

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Experience wise Kotak Mahindra Prime Credit Manager salaries in Mumbai

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
1 year  (4 salaries)

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₹5 L/yr - ₹10.7 L/yr
2 years  (6 salaries)

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₹5.5 L/yr - ₹11 L/yr
3 years  (3 salaries)

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₹8 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.4 L/yr
5 years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Prime

Deputy Manager Salary
(38 salaries)
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₹3.5 L/yr - ₹7.5 L/yr
Credit Analyst Salary
(7 salaries)
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₹2.75 L/yr - ₹7.8 L/yr
Chief Manager Salary
(6 salaries)
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₹11 L/yr - ₹16 L/yr
Sales Manager Salary
(3 salaries)
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₹6.5 L/yr - ₹11 L/yr

Salary related reviews for Kotak Mahindra Prime

4.0

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +2 more

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.

read more
  • Job security - Excellent
  • +2 more

Dislikes

Mid management involved in politics and favourism based on religion.

  • Salary - Poor
  • +2 more

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,

read more
  • Salary - Good
  • +6 more

Dislikes

Salary structure need to be change

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.

read more

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

read more
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Kotak Mahindra Prime Credit Manager Salary FAQs

What is the salary of Credit Manager at Kotak Mahindra Prime in Mumbai?
The average salary of a Credit Manager at Kotak Mahindra Prime in Mumbai typically ranges from ₹4.5 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Credit Manager in Mumbai at Kotak Mahindra Prime earn more than ₹10.7 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. 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 10+ Kotak Mahindra Prime employees in India.
What is the estimated take home salary of a Credit Manager at Kotak Mahindra Prime in Mumbai?
The estimated take-home salary of a Credit Manager at Kotak Mahindra Prime in Mumbai typically ranges from ₹60,636 to ₹62,170 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 10+ 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 Credit Manager in India?
LIC Housing Finance ₹12.2 Lakhs to ₹18.0 Lakhs per year
Hinduja Leyland Finance ₹7.3 Lakhs to ₹13.3 Lakhs per year
Tata Capital Housing Finance ₹5.0 Lakhs to ₹13.3 Lakhs per year
PNB Housing Finance ₹5.0 Lakhs to ₹11.4 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 Credit Manager in companies similar to Kotak Mahindra Prime in Mumbai?
The salary of a Credit Manager at companies similar to Kotak Mahindra Prime in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

InCred Finance ₹4.1 Lakhs to ₹10.4 Lakhs per year
Ugro Capital ₹5.2 Lakhs to ₹7.6 Lakhs per year
Manba Finance ₹3.7 Lakhs to ₹8.0 Lakhs per year
Sammaan Capital Limited ₹3.5 Lakhs to ₹8.0 Lakhs per year
Bajaj Housing Finance ₹3.1 Lakhs to ₹10.0 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 Credit Manager at Kotak Mahindra Prime in Mumbai?
The salary growth for a Credit Manager at Kotak Mahindra Prime in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Mumbai can expect the following growth trajectory at Kotak Mahindra Prime:

Experience Average Salary Range
1 year ₹5.0 Lakhs to ₹10.7 Lakhs per year
2 years ₹5.5 Lakhs to ₹11.0 Lakhs per year
3 years ₹8.0 Lakhs to ₹9.0 Lakhs per year
4 years ₹7.4 Lakhs to ₹9.4 Lakhs per year
and so on.

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Kotak Mahindra Prime Credit Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.