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Kotak Mahindra Bank Branch Credit Manager salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹5 Lakhs - ₹9.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Branch Credit Manager Salary at Kotak Mahindra Bank ranges between ₹5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 15 latest salaries... Read more

40% more than the average Branch Credit Manager Salary in Banking Companies for 1 - 6 years of experience

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Last Updated: 11 Jul 2025

Companies similar to Kotak Mahindra Bank for Branch Credit Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Branch Credit Manager Salary

1 - 11 years exp. (377 salaries)

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₹5.2 L/yr - ₹12 L/yr

arrow icon 7% more
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IDFC FIRST Bank Branch Credit Manager Salary

2 - 12 years exp. (219 salaries)

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₹3.5 L/yr - ₹8 L/yr

arrow icon 27% less
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₹3.6 L/yr - ₹8 L/yr

arrow icon 22% less
9 job openings
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IndusInd Bank Branch Credit Manager Salary

2 - 11 years exp. (174 salaries)

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₹3.5 L/yr - ₹7 L/yr

arrow icon 27% less
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₹2.6 L/yr - ₹8.1 L/yr

arrow icon 34% less
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RBL Bank Branch Credit Manager Salary

3 - 13 years exp. (68 salaries)

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₹4.2 L/yr - ₹10 L/yr

arrow icon 12% less
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HDFC Bank Branch Credit Manager Salary

1 - 11 years exp. (34 salaries)

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₹4.6 L/yr - ₹9.6 L/yr

arrow icon 1% less
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DCB Bank Branch Credit Manager Salary

4 - 14 years exp. (25 salaries)

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₹4.5 L/yr - ₹8.3 L/yr

arrow icon 10% less
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₹3.9 L/yr - ₹8.1 L/yr

arrow icon 22% less
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Axis Bank Branch Credit Manager Salary

7 - 11 years exp. (11 salaries)

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₹6.5 L/yr - ₹10.8 L/yr

arrow icon 11% more
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Bandhan Bank Branch Credit Manager Salary

3 - 10 years exp. (15 salaries)

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₹2.9 L/yr - ₹8.3 L/yr

arrow icon 36% less
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₹4.1 L/yr - ₹7.5 L/yr

arrow icon 30% less
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Yes Bank Branch Credit Manager Salary

5 - 14 years exp. (11 salaries)

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₹7.3 L/yr - ₹12.3 L/yr

arrow icon 18% more
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₹3.9 L/yr - ₹5 L/yr

arrow icon 37% less
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₹3 L/yr - ₹10.9 L/yr

arrow icon 15% less
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Bank of Baroda Branch Credit Manager Salary

8 - 9 years exp. (4 salaries)

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₹11.8 L/yr - ₹18 L/yr

arrow icon 89% more

Kotak Mahindra Bank Branch Credit Manager salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.5 L/yr
2 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.6 L/yr
3 years  (4 salaries)

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₹5 L/yr - ₹9.5 L/yr
4 years (AmbitionBox Estimate)

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₹6.8 L/yr - ₹8.7 L/yr
5 years (AmbitionBox Estimate)

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₹6.9 L/yr - ₹8.8 L/yr
View all salaries by experience

Similar Designation Salaries at Kotak Mahindra Bank

Similar Designation Avg. annual salary
unlock-blur

₹6.5 L/yr - ₹27.1 L/yr

unlock-blur

₹30.5 L/yr - ₹42.5 L/yr

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₹3.8 L/yr - ₹7.5 L/yr

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₹16.4 L/yr - ₹27 L/yr

Branch Manager Salary
(1.1k salaries)
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₹7 L/yr - ₹27 L/yr

Credit Manager Salary
(1.1k salaries)
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₹4 L/yr - ₹14 L/yr

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₹7 L/yr - ₹13.5 L/yr

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₹2.5 L/yr - ₹4.3 L/yr

Senior Credit Officer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Chief Manager Salary
(1.2k salaries)
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₹8 L/yr - ₹32 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
2w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Kotak Mahindra Bank

4.4

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 15 Apr 2025

2.0
 for  Salary and Benefits

Likes

Work friendly with team members.

Dislikes

...cpc branches, sitting capacity in branches very low . Number DST ALSO VERY LOW . DST salary also very low no increments for front line sales . and no promotions. Fully manual work with compared other banks and NBFC's. Even no festival holidays in month ends. Month end Sunday are working days.

read more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  updated on 08 Feb 2025

3.0
 for  Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  updated on 02 Jul 2024

1.0
 for  Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

read more

Full Time

 · 

Finance & Accounting Department

3.0
  •  updated on 11 Jun 2024

2.0
 for  Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

read more

Dislikes

Salary, promortion - these are the worst over here.

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 18 May 2024

3.0
 for  Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

read more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

read more
see more salary related reviews

Kotak Mahindra Bank Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Kotak Mahindra Bank ?
The average salary of a Branch Credit Manager at Kotak Mahindra Bank in India typically ranges from ₹5.0 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Branch Credit Manager at Kotak Mahindra Bank earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Branch Credit Manager Salaries at Kotak Mahindra Bank 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 Bank employees in India.
What is the estimated take home salary of a Branch Credit Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Branch Credit Manager at Kotak Mahindra Bank in India typically ranges from ₹56,468 to ₹57,885 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindra Bank for Branch Credit Manager in India?
Bank of Baroda ₹11.8 Lakhs to ₹18.0 Lakhs per year
Yes Bank ₹7.3 Lakhs to ₹12.3 Lakhs per year
Axis Bank ₹6.5 Lakhs to ₹10.8 Lakhs per year
ICICI Bank ₹5.2 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
What is the salary of a Branch Credit Manager in companies similar to Kotak Mahindra Bank in India?
The salary of a Branch Credit Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹4.6 Lakhs to ₹9.6 Lakhs per year
DCB Bank ₹4.5 Lakhs to ₹8.3 Lakhs per year
RBL Bank ₹4.2 Lakhs to ₹10.0 Lakhs per year
State Bank of India ₹3.0 Lakhs to ₹10.9 Lakhs per year
Jana Small Finance Bank ₹3.9 Lakhs to ₹8.1 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 Branch Credit Manager at Kotak Mahindra Bank in India?
The salary growth for a Branch Credit Manager at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Branch Credit Manager can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
1 year ₹6.6 Lakhs to ₹8.5 Lakhs per year
2 years ₹6.7 Lakhs to ₹8.6 Lakhs per year
3 years ₹5.0 Lakhs to ₹9.5 Lakhs per year
4 years ₹6.8 Lakhs to ₹8.7 Lakhs per year
and so on.

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Kotak Mahindra Bank Branch Credit Manager salary in India ranges between ₹5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.