Kotak Mahindra Prime Mumbai Credit Manager Salaries by 10+ Employees (Updated 2025)

1 - 8 years exp.

₹4.5 Lakhs - ₹11 Lakhs

Salary of majority employees

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)	₹5 L/yr - ₹11 L/yr
BFSI, Investments & Trading Credit Manager Salary 2 - 4 years exp. (5 salaries)	₹4.9 L/yr - ₹9 L/yr
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Risk Management & Compliance Credit Manager Salary 1 - 8 years exp. (4 salaries)	₹6.9 L/yr - ₹10.7 L/yr

Last Updated: 28 Feb 2025

Companies similar to Kotak Mahindra Prime for Credit Manager in Mumbai

Kotak Mahindra Prime Credit Manager Salary

1 - 8 years exp. (17 salaries)

₹4.5 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (450 salaries)	₹4 L/yr - ₹15 L/yr 8% more	5 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (561 salaries)	₹4 L/yr - ₹16.5 L/yr 21% more
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Axis Bank Credit Manager Salary 0 - 12 years exp. (145 salaries)	₹4 L/yr - ₹15.3 L/yr 9% more
Tata Capital Credit Manager Salary 0 - 10 years exp. (80 salaries)	₹3.5 L/yr - ₹12.4 L/yr 6% less	5 job openings
IndusInd Bank Credit Manager Salary 2 - 12 years exp. (35 salaries)	₹3.6 L/yr - ₹11 L/yr 6% less
Yes Bank Credit Manager Salary 0 - 9 years exp. (75 salaries)	₹4.6 L/yr - ₹14 L/yr 4% more	1 job opening
RBL Bank Credit Manager Salary 2 - 10 years exp. (27 salaries)	₹3 L/yr - ₹11.7 L/yr 16% less
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (213 salaries)	₹3 L/yr - ₹13 L/yr 4% less	1 job opening
Standard Chartered Credit Manager Salary 5 - 12 years exp. (5 salaries)	₹11 L/yr - ₹15.4 L/yr 66% more
Aditya Birla Finance Credit Manager Salary 1 - 9 years exp. (56 salaries)	₹4.6 L/yr - ₹12.5 L/yr 11% less
InCred Finance Credit Manager Salary 2 - 9 years exp. (23 salaries)	₹4.1 L/yr - ₹10 L/yr 15% less
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L&T Finance Credit Manager Salary 2 - 9 years exp. (19 salaries)	₹6 L/yr - ₹12.7 L/yr 8% more
PNB Housing Finance Credit Manager Salary 0 - 10 years exp. (18 salaries)	₹5 L/yr - ₹11.4 L/yr At par
Shubham Housing Development Finance Credit Manager Salary 2 - 9 years exp. (15 salaries)	₹2.4 L/yr - ₹5.5 L/yr 49% less
Tata Capital Housing Finance Credit Manager Salary 4 - 8 years exp. (9 salaries)	₹5 L/yr - ₹11 L/yr 5% less
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (9 salaries)	₹3.5 L/yr - ₹8 L/yr 37% less
Mahindra Finance Credit Manager Salary 5 - 13 years exp. (8 salaries)	₹4.7 L/yr - ₹12.7 L/yr 14% less
Ugro Capital Credit Manager Salary 3 - 9 years exp. (8 salaries)	₹4.5 L/yr - ₹8.5 L/yr 22% less
LIC Housing Finance Credit Manager Salary 3 - 11 years exp. (4 salaries)	₹12.2 L/yr - ₹18 L/yr 93% more
Bajaj Housing Finance Credit Manager Salary 1 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹10 L/yr 37% less

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.

Experience wise Kotak Mahindra Prime Credit Manager salaries in Mumbai

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹5 L/yr - ₹10.7 L/yr
2 years (6 salaries)	₹5.5 L/yr - ₹11 L/yr
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3 years (3 salaries)	₹8 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹14.6 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹14.7 L/yr
6 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10.7 L/yr
8 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10.7 L/yr

View all

Similar Designation salaries in Kotak Mahindra Prime

Deputy Manager Salary

(38 salaries)

₹3.5 L/yr - ₹7.5 L/yr

Credit Analyst Salary

(7 salaries)

₹2.75 L/yr - ₹7.8 L/yr

Chief Manager Salary

(6 salaries)

₹11 L/yr - ₹16 L/yr

Sales Manager Salary

(3 salaries)

₹6.5 L/yr - ₹11 L/yr

Salary related reviews for Kotak Mahindra Prime

4.0

Rated by 2 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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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Kotak Mahindra Prime Credit Manager Salary FAQs

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

Credit Manager salary at Kotak Mahindra Prime in Mumbai ranges between ₹4.5 Lakhs to ₹11.0 Lakhs for experience between 1 years to 8 years. Salary estimates are based on 17 latest salaries received from various employees of Kotak Mahindra Prime Mumbai.

Which similar companies are paying more than Kotak Mahindra Prime to a Credit Manager in Mumbai?

LIC Housing Finance Credit Manager Salary - ₹12.2 Lakhs to ₹18.0 Lakhs per year
Standard Chartered Credit Manager Salary - ₹11.0 Lakhs to ₹15.4 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹16.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
L&T Finance Credit Manager Salary - ₹6.0 Lakhs to ₹12.7 Lakhs per year

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

HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹4.6 Lakhs to ₹14.0 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹5.0 Lakhs to ₹11.4 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year

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 ranges between ₹60,187 per month to ₹61,709 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Prime Credit Manager salary in India which ranges between ₹4.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Kotak Mahindra Prime in Mumbai?

According to AmbitionBox, 91% of the Kotak Mahindra Prime Credit Managers in Mumbai reported a notice period of 3 Months, 9% reported a notice period of 15 days or less.This is based on 11 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Prime Credit Manager Salaries in Mumbai

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