Kotak Mahindra Prime Location Credit Manager Salaries by 5 Employees (Updated 2025)

2 - 8 years exp.

₹8 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Location Credit Manager Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Risk Management & Compliance Location Credit Manager Salary 2 - 4 years exp. (3 salaries)	₹8 L/yr - ₹10.7 L/yr
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Finance & Accounting Location Credit Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹12 L/yr

Last Updated: 24 Oct 2024

Companies similar to Kotak Mahindra Prime for Location Credit Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Location Credit Manager Salary 5 - 12 years exp. (135 salaries)	₹6.1 L/yr - ₹21.5 L/yr 32% more
Auxilo Finserve Location Credit Manager Salary 3 - 15 years exp. (6 salaries)	₹10.9 L/yr - ₹14 L/yr 16% more
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Shriram Housing Finance Location Credit Manager Salary 16 - 19 years exp. (5 salaries)	₹8.5 L/yr - ₹14 L/yr 9% more
Bandhan Bank Location Credit Manager Salary 2 - 6 years exp. (4 salaries)	₹9.5 L/yr - ₹10 L/yr 6% less

Location Credit Manager salary at Kotak Mahindra Prime ranges between ₹8 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Location Credit Manager salaries

Last Updated: 24 Oct 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹8 L/yr - ₹16.4 L/yr
3 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹17.1 L/yr
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4 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹17.9 L/yr
5 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12 L/yr

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Similar Designation salaries in Kotak Mahindra Prime

Zonal Credit Manager Salary

(4 salaries)

₹19 L/yr - ₹30 L/yr

Regional Credit Manager Salary

(5 salaries)

₹12.39 L/yr - ₹17.25 L/yr

Area Credit Manager Salary

(7 salaries)

₹7 L/yr - ₹15.25 L/yr

Branch Credit Manager Salary

(5 salaries)

₹4.5 L/yr - ₹10 L/yr

Cluster Credit Manager Salary

(5 salaries)

₹7 L/yr - ₹16 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹3.8 L/yr - ₹6.4 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹1.9 L/yr - ₹2.6 L/yr

Credit Manager Salary

(126 salaries)

₹3.9 L/yr - ₹12 L/yr

Relationship Manager Salary

(273 salaries)

₹2 L/yr - ₹8 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.62 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.

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Prime Location Credit Manager Salary FAQs

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

Location Credit Manager salary at Kotak Mahindra Prime in India ranges between ₹8.0 Lakhs to ₹12.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 19% less than the average Location Credit Manager 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 Location Credit Manager at Kotak Mahindra Prime India compare with the average salary range for this job?

The average salary of a Location Credit Manager at Kotak Mahindra Prime is 19% less than the average salary of a Location Credit Manager in India. To know exact salary insights, login to view.

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

Kotak Mahindra Bank Location Credit Manager Salary - ₹6.1 Lakhs to ₹21.5 Lakhs per year
Auxilo Finserve Location Credit Manager Salary - ₹10.9 Lakhs to ₹14.0 Lakhs per year
Shriram Housing Finance Location Credit Manager Salary - ₹8.5 Lakhs to ₹14.0 Lakhs per year

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

Bandhan Bank Location Credit Manager Salary - ₹9.5 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Location Credit Manager at Kotak Mahindra Prime ranges between ₹74,579 per month to ₹76,508 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Prime Location Credit Manager salary in India which ranges between ₹8.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 43% of the Kotak Mahindra Prime Location Credit Managers reported a notice period of 3 Months, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Prime Location Credit Manager Salaries

Kotak Mahindra Prime Location Credit Manager salary in India ranges between ₹8 Lakhs to ₹12 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.