Kotak Mahindra Prime Loan Officer Salaries by 5 Employees (Updated 2024)

1 - 6 years exp.

₹2.1 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

9% less than the average Loan Officer Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Sales & Business Development Loan Officer Salary 1 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹2.9 L/yr
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Finance & Accounting Loan Officer Salary 6 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.2 L/yr

Last Updated: 5 Oct 2024

Companies similar to Kotak Mahindra Prime for Loan Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Loan Officer Salary 0 - 5 years exp. (111 salaries)	₹1.2 L/yr - ₹5 L/yr 25% more
ICICI Bank Loan Officer Salary 0 - 6 years exp. (23 salaries)	₹1.7 L/yr - ₹6 L/yr 10% more
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Axis Bank Loan Officer Salary 0 - 6 years exp. (32 salaries)	₹1.6 L/yr - ₹3.3 L/yr 13% less	1 job opening
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (12 salaries)	₹1.3 L/yr - ₹3 L/yr 6% more
Tata Capital Loan Officer Salary 0 - 4 years exp. (61 salaries)	₹2.1 L/yr - ₹3.6 L/yr 16% more	25 job openings
L&T Finance Loan Officer Salary 1 - 7 years exp. (28 salaries)	₹1.5 L/yr - ₹2.8 L/yr 11% less
Aditya Birla Finance Loan Officer Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 54% more
Sammaan Capital Limited Loan Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹6 L/yr 16% more
Kinara Capital Loan Officer Salary 0 - 3 years exp. (13 salaries)	₹2.2 L/yr - ₹3.6 L/yr 17% more
India Shelter Finance Corporation Loan Officer Salary 1 - 5 years exp. (10 salaries)	₹1.2 L/yr - ₹2.1 L/yr 20% less
Home Credit Finance Loan Officer Salary 1 - 4 years exp. (6 salaries)	₹1.3 L/yr - ₹3 L/yr 20% less
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Vistaar Finance Loan Officer Salary 1 - 7 years exp. (4 salaries)	₹2.4 L/yr - ₹2.7 L/yr 4% more
Electronica Finance Loan Officer Salary 3 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3 L/yr 1% less
Bajaj Housing Finance Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹2.4 L/yr 14% less
Hero FinCorp Loan Officer Salary 4 - 8 years exp. (3 salaries)	₹1.6 L/yr - ₹6 L/yr 50% more
PNB Housing Finance Loan Officer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.5 L/yr 4% less
Tata Capital Housing Finance Loan Officer Salary 3 - 10 years exp. (3 salaries)	₹3.5 L/yr - ₹3.7 L/yr 46% more
Tyger Capital Loan Officer Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.1 L/yr 22% more

Loan Officer salary at Kotak Mahindra Prime ranges between ₹2.1 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Loan Officer salaries

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.3 L/yr
4 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3 L/yr

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Similar Designation salaries in Kotak Mahindra Prime

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Branch Manager Salary

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₹6.5 L/yr - ₹8.62 L/yr

Team Lead Salary

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₹2.05 L/yr - ₹4.2 L/yr

Relationship Officer Salary

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₹2 L/yr - ₹3.25 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Sales Manager Salary

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Analyst Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Deputy Manager Salary

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₹2.1 L/yr - ₹3 L/yr

Salary related reviews for Kotak Mahindra Prime

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kotak Mahindra Prime Loan Officer Salary FAQs

What is the salary of Loan Officer at Kotak Mahindra Prime?

Loan Officer salary at Kotak Mahindra Prime in India ranges between ₹2.1 Lakhs to ₹3.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 9% less than the average Loan Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Prime India.

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

The average salary of a Loan Officer at Kotak Mahindra Prime is 9% less than the average salary of a Loan Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Prime to a Loan Officer in India?

Aditya Birla Finance Loan Officer Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
Hero FinCorp Loan Officer Salary - ₹1.6 Lakhs to ₹6.0 Lakhs per year
Tata Capital Housing Finance Loan Officer Salary - ₹3.5 Lakhs to ₹3.7 Lakhs per year
HDFC Bank Loan Officer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Tyger Capital Loan Officer Salary - ₹3.0 Lakhs to ₹3.1 Lakhs per year

What is the salary of a Loan Officer in companies similar to Kotak Mahindra Prime in India?

Kinara Capital Loan Officer Salary - ₹2.2 Lakhs to ₹3.6 Lakhs per year
Sammaan Capital Limited Loan Officer Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year
Tata Capital Loan Officer Salary - ₹2.1 Lakhs to ₹3.6 Lakhs per year
ICICI Bank Loan Officer Salary - ₹1.7 Lakhs to ₹6.0 Lakhs per year
Bajaj Finance Loan Officer Salary - ₹1.3 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Loan Officer at Kotak Mahindra Prime ranges between ₹17,257 per month to ₹18,961 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Prime Loan Officer salary in India which ranges between ₹2.1 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Loan Officer at Kotak Mahindra Prime?

According to AmbitionBox, 67% of the Kotak Mahindra Prime Loan Officers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Prime Loan Officer Salaries

Kotak Mahindra Prime Loan Officer salary in India ranges between ₹2.1 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.