Entry-Level Credit Manager at Kotak Mahindra Bank Salary (India)

The average salary for an Entry-Level Credit Manager at Kotak Mahindra Bank is Rs 526,496 per year. A skill in Risk Management / Risk Control is associated with high pay for this job.

Rs 354,786 - Rs 786,240
Rs 350K
Rs 580K
Rs 790K
MEDIAN: Rs 583,264
10%
50%
90%
Rs 0Rs 810K
Salary Rs 354,786 - Rs 786,240
Bonus Rs 8,315 - Rs 101,014
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
Rs 395,333 - Rs 810,236
  • Country: India
  • Currency: INR
  • Updated: 10 Jan 2018
  • Individuals Reporting: 21

Job Description for Credit Manager

A credit manager primarily focuses on collecting money owed to their company, whether it be for some type of service or a particular product. When someone fails to pay the money that is owed, these professionals initiate legal action and potentially take part in the collection process. Further, a credit manager also plays a major role in negotiating payment options, which could include re-structuring payment plans to make them more manageable based on a party's financial capabilities. The credit manager is also responsible for tracking certain accounts and keeping a close eye on those that have gone unpaid for an extended period of time. A credit manager may have different duties depending on the size of the company in which they are employed.

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Credit Manager Tasks

  • Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.
  • Prepare reports with this credit information for use in decision-making.

Credit Manager Job Listings

Key Stats for Credit Manager

Gender

Female
21 %
Male
79 %
Less than 1 year
19%
1-4 years
81%

Skills That Affect Credit Manager Salaries

Risk Management / Risk Control
▲11%

National Average
Rs 594,000

Financial Analysis
▼2%

Credit Control
▼2%

Gender

Female
21 %
Male
79 %

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 5%
vision benefits
Vision:
no benefits
None: 26%