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

0 - 12 years exp.

₹7.5 Lakhs - ₹14.5 Lakhs

Salary of majority employees

17% less than the average Senior Manager Credit Salary in NBFC Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 6 - 8 years exp. (4 salaries)	₹10 L/yr - ₹13 L/yr
Finance & Accounting Senior Manager Credit Salary 6 - 7 years exp. (3 salaries)	₹7.5 L/yr - ₹14.5 L/yr
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Risk Management & Compliance Senior Manager Credit Salary 3 - 5 years exp. (3 salaries)	₹10 L/yr - ₹12.5 L/yr

Last Updated: 23 Jan 2025

Companies similar to Kotak Mahindra Prime for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (320 salaries)	₹7.8 L/yr - ₹21.7 L/yr 25% more	1 job opening
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (158 salaries)	₹7 L/yr - ₹22.8 L/yr 30% more
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Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (118 salaries)	₹10 L/yr - ₹26.9 L/yr 42% more
Bajaj Finance Senior Manager Credit Salary 3 - 6 years exp. (5 salaries)	₹5 L/yr - ₹12.5 L/yr 16% less
Tata Capital Senior Manager Credit Salary 4 - 10 years exp. (17 salaries)	₹8.3 L/yr - ₹21.8 L/yr 12% more
Mahindra Finance Senior Manager Credit Salary 0 - 7 years exp. (4 salaries)	₹11 L/yr - ₹16.8 L/yr 21% more
L&T Finance Senior Manager Credit Salary 5 - 10 years exp. (17 salaries)	₹8 L/yr - ₹24.3 L/yr 23% more
Aditya Birla Finance Senior Manager Credit Salary 3 - 10 years exp. (41 salaries)	₹8.5 L/yr - ₹28.9 L/yr 45% more
Sammaan Capital Limited Senior Manager Credit Salary 14 - 19 years exp. (4 salaries)	₹9.9 L/yr - ₹13.8 L/yr 12% less
Tata Capital Housing Finance Senior Manager Credit Salary 5 - 15 years exp. (14 salaries)	₹9 L/yr - ₹16.1 L/yr 6% more
Vistaar Finance Senior Manager Credit Salary 4 - 11 years exp. (11 salaries)	₹6 L/yr - ₹8.1 L/yr 37% less
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InCred Finance Senior Manager Credit Salary 4 - 10 years exp. (9 salaries)	₹5.7 L/yr - ₹13.5 L/yr 19% less
Electronica Finance Senior Manager Credit Salary 4 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹10 L/yr 55% less
Hero FinCorp Senior Manager Credit Salary 5 - 10 years exp. (5 salaries)	₹12.1 L/yr - ₹35 L/yr 74% more
PNB Housing Finance Senior Manager Credit Salary 8 - 9 years exp. (5 salaries)	₹10.4 L/yr - ₹16 L/yr 19% more
MAS Financial Services Senior Manager Credit Salary 3 - 12 years exp. (5 salaries)	₹5.4 L/yr - ₹20.5 L/yr 4% more	1 job opening
Ugro Capital Senior Manager Credit Salary 4 - 7 years exp. (6 salaries)	₹6 L/yr - ₹9.5 L/yr 35% less
Kinara Capital Senior Manager Credit Salary 4 - 6 years exp. (4 salaries)	₹5.1 L/yr - ₹7.7 L/yr 49% less
Shubham Housing Development Finance Senior Manager Credit Salary 10 - 13 years exp. (3 salaries)	₹7.9 L/yr - ₹10 L/yr 19% less
Mahindra Rural Housing Finance Senior Manager Credit Salary 5 - 14 years exp. (3 salaries)	₹9 L/yr - ₹27.5 L/yr 52% more

Senior Manager Credit salary at Kotak Mahindra Prime ranges between ₹7.5 Lakhs to ₹14.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 14 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Senior Manager Credit salaries

Last Updated: 23 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10 L/yr - ₹19.9 L/yr
1 year (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
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2 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
3 years (AmbitionBox Estimate)	₹8 L/yr - ₹20.1 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.5 L/yr
5 years (AmbitionBox Estimate)	₹8 L/yr - ₹12.5 L/yr
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹13 L/yr
7 years (3 salaries)	₹7.5 L/yr - ₹14.5 L/yr
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹12.3 L/yr
9 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
10 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
11 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
12 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹20.7 L/yr

View all

Similar Designation salaries in Kotak Mahindra Prime

Credit Manager Salary

(123 salaries)

₹3.9 L/yr - ₹12 L/yr

Deputy Manager Salary

(326 salaries)

₹3.5 L/yr - ₹8 L/yr

Chief Manager Salary

(22 salaries)

₹11 L/yr - ₹19 L/yr

Branch Manager Salary

(6 salaries)

₹6.5 L/yr - ₹8.62 L/yr

Senior Associate Salary

(3 salaries)

₹2.87 L/yr - ₹3.6 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Credit Analyst Salary

(20 salaries)

₹1.85 L/yr - ₹8.28 L/yr

Area Credit Manager Salary

(7 salaries)

₹7 L/yr - ₹15.25 L/yr

Relationship Manager Salary

(272 salaries)

₹2 L/yr - ₹7.6 L/yr

Regional Credit Manager Salary

(5 salaries)

₹12.39 L/yr - ₹17.25 L/yr

Salary related reviews for Kotak Mahindra Prime

2.0

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.

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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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Kotak Mahindra Prime Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at Kotak Mahindra Prime in India ranges between ₹7.5 Lakhs to ₹14.5 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 17% less than the average Senior Manager Credit Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Kotak Mahindra Prime India.

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

The average salary of a Senior Manager Credit at Kotak Mahindra Prime is 17% less than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

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

Hero FinCorp Senior Manager Credit Salary - ₹12.1 Lakhs to ₹35.0 Lakhs per year
Mahindra Rural Housing Finance Senior Manager Credit Salary - ₹9.0 Lakhs to ₹27.5 Lakhs per year
Aditya Birla Finance Senior Manager Credit Salary - ₹8.5 Lakhs to ₹28.9 Lakhs per year
Axis Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹26.9 Lakhs per year
ICICI Bank Senior Manager Credit Salary - ₹7.0 Lakhs to ₹22.8 Lakhs per year

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

HDFC Bank Senior Manager Credit Salary - ₹7.8 Lakhs to ₹21.7 Lakhs per year
L&T Finance Senior Manager Credit Salary - ₹8.0 Lakhs to ₹24.3 Lakhs per year
Mahindra Finance Senior Manager Credit Salary - ₹11.0 Lakhs to ₹16.8 Lakhs per year
PNB Housing Finance Senior Manager Credit Salary - ₹10.4 Lakhs to ₹16.0 Lakhs per year
Tata Capital Senior Manager Credit Salary - ₹8.3 Lakhs to ₹21.8 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Kotak Mahindra Prime ranges between ₹80,608 per month to ₹82,708 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Prime Senior Manager Credit salary in India which ranges between ₹7.5 Lakhs to ₹14.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 86% of the Kotak Mahindra Prime Senior Manager Credits reported a notice period of 3 Months, 14% reported a notice period of 2 Months.This is based on 14 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Prime Senior Manager Credit Salaries

Kotak Mahindra Prime Senior Manager Credit salary in India ranges between ₹7.5 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.