Kotak Mahindra Bank Accountant Salaries by 60+ Employees (Updated 2025)

0 - 8 years exp.

₹1.6 Lakh - ₹4.6 Lakhs

Salary of majority employees

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20% less than the average Accountant Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting Accountant Salary 1 - 8 years exp. (9 salaries)	Unlock ₹1.6 L/yr - ₹3.3 L/yr
BFSI, Investments & Trading Accountant Salary 1 - 4 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Accountant Salary 2 - 4 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹3.5 L/yr
Sales & Business Development Accountant Salary 1 - 7 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.5 L/yr

Last Updated: 30 Jan 2025

Companies similar to Kotak Mahindra Bank for Accountant

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Accountant Salary 0 - 8 years exp. (81 salaries)	Unlock ₹0.7 L/yr - ₹5.7 L/yr 55% more
ICICI Bank Accountant Salary 1 - 7 years exp. (48 salaries)	Unlock ₹1 L/yr - ₹8 L/yr 13% more
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Axis Bank Accountant Salary 0 - 5 years exp. (49 salaries)	Unlock ₹1 L/yr - ₹4.5 L/yr 9% less
State Bank of India Accountant Salary 1 - 6 years exp. (24 salaries)	Unlock ₹1 L/yr - ₹6 L/yr 6% more
Yes Bank Accountant Salary 1 - 12 years exp. (28 salaries)	Unlock ₹1.4 L/yr - ₹7 L/yr 30% more
IndusInd Bank Accountant Salary 0 - 4 years exp. (16 salaries)	Unlock ₹1 L/yr - ₹4.1 L/yr 12% more
IDFC FIRST Bank Accountant Salary 0 - 7 years exp. (17 salaries)	Unlock ₹1.6 L/yr - ₹7 L/yr 9% more
RBL Bank Accountant Salary 2 - 5 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.8 L/yr 24% more
Federal Bank Accountant Salary 0 - 1 year exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹3.2 L/yr 1% less
Punjab National Bank Accountant Salary 1 - 5 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹5.1 L/yr 29% more
Bandhan Bank Accountant Salary 1 - 7 years exp. (14 salaries)	Unlock ₹1.1 L/yr - ₹6 L/yr 28% more
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Utkarsh Small Finance Bank Accountant Salary 4 - 9 years exp. (11 salaries)	Unlock ₹3 L/yr - ₹5.5 L/yr 27% more
Union Bank of India Accountant Salary 1 - 10 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹12 L/yr 151% more
Canara Bank Accountant Salary 1 - 5 years exp. (5 salaries)	Unlock ₹1.1 L/yr - ₹3.2 L/yr 4% less
Bank of Baroda Accountant Salary 0 - 3 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹4.7 L/yr 42% more
Ujjivan Small Finance Bank Accountant Salary 1 - 9 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹7.5 L/yr 53% more
J&K Bank Accountant Salary 1 - 7 years exp. (5 salaries)	Unlock ₹2.6 L/yr - ₹5.2 L/yr 37% more
Central Bank of India Accountant Salary 0 - 10 years exp. (4 salaries)	Unlock ₹1 L/yr - ₹8.4 L/yr 50% more
Jana Small Finance Bank Accountant Salary 0 - 2 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹4.5 L/yr 9% less
City Union Bank Accountant Salary 0 - 4 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹5 L/yr 22% more

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Accountant salary at Kotak Mahindra Bank ranges between ₹1.6 Lakh to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 67 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Accountant

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2 years exp.

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4 years exp.

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7 years exp.

4mo ago

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1 year exp.

5mo ago

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2 years exp.

7mo ago

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7 years exp.

9mo ago

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6 years exp.

1y ago

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1 year exp.

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3 years exp.

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1 year exp.

Experience wise Kotak Mahindra Bank Accountant salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	Unlock ₹2 L/yr - ₹3.5 L/yr
1 year (15 salaries)	Unlock ₹1.6 L/yr - ₹3.5 L/yr
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2 years (11 salaries)	Unlock ₹2 L/yr - ₹3.2 L/yr
3 years (10 salaries)	Unlock ₹1.6 L/yr - ₹4.6 L/yr
4 years (6 salaries)	Unlock ₹2.5 L/yr - ₹4.6 L/yr
5 years (7 salaries)	Unlock ₹2.5 L/yr - ₹4 L/yr
6 years (5 salaries)	Unlock ₹2.4 L/yr - ₹3 L/yr
7 years (5 salaries)	Unlock ₹2.1 L/yr - ₹3.5 L/yr
8 years (3 salaries)	Unlock ₹2.6 L/yr - ₹3.3 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Accounting Staff Salary

(4 salaries)

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₹2 L/yr - ₹6 L/yr

Account Assistant Salary

(23 salaries)

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₹2 L/yr - ₹4.4 L/yr

Analyst Salary

(26 salaries)

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₹2.41 L/yr - ₹12 L/yr

Accounts Officer Salary

(5 salaries)

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₹0.57 L/yr - ₹4.5 L/yr

Audit Assistant Salary

(5 salaries)

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₹0.6 L/yr - ₹2.65 L/yr

Senior Analyst Salary

(10 salaries)

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₹4.3 L/yr - ₹12.5 L/yr

Deputy Manager Salary

(11.3k salaries)

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₹1.65 L/yr - ₹8.2 L/yr

Senior Associate Salary

(119 salaries)

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₹1.4 L/yr - ₹4 L/yr

Management Trainee Salary

(89 salaries)

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₹7 L/yr - ₹20 L/yr

Finance Executive Salary

(117 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

Top skills at Kotak Mahindra Bank for Accountant

Casa Current Account Business Banking Field Sales Customer Acquisition Direct Sales liabilities TPP Saving Account Sales HNI Acquisition Insurance PoS Business Development Retail Sales

Salary related reviews for Kotak Mahindra Bank

3.9

Rated by 25 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted 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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

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

Skill development - Good

+1 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.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Nov 2023

2.0

for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

Salary - Poor

+4 more

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Kotak Mahindra Bank Accountant Salary FAQs

What is the salary of Accountant at Kotak Mahindra Bank?

Accountant salary at Kotak Mahindra Bank in India ranges between ₹1.6 Lakhs to ₹4.6 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 20% less than the average Accountant Salary in India. Salary estimates are based on 67 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Accountant at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Accountant at Kotak Mahindra Bank is 20% less than the average salary of a Accountant in India. To know exact salary insights, login to view.

What are the top skills required to work as a Accountant at Kotak Mahindra Bank?

Casa, Current Account, Business Banking, Field Sales and Customer Acquisition are some of the popular skills required to work as a Accountant at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Accountant in India?

Union Bank of India Accountant Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year
The Saraswat Co-operative Bank Accountant Salary - ₹1.8 Lakhs to ₹8.0 Lakhs per year
HDFC Bank Accountant Salary - ₹0.7 Lakhs to ₹5.7 Lakhs per year
Ujjivan Small Finance Bank Accountant Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
Central Bank of India Accountant Salary - ₹1.0 Lakhs to ₹8.4 Lakhs per year

What is the salary of a Accountant in companies similar to Kotak Mahindra Bank in India?

Bank of Baroda Accountant Salary - ₹1.0 Lakhs to ₹4.7 Lakhs per year
J&K Bank Accountant Salary - ₹2.6 Lakhs to ₹5.2 Lakhs per year
Yes Bank Accountant Salary - ₹1.4 Lakhs to ₹7.0 Lakhs per year
Punjab National Bank Accountant Salary - ₹1.8 Lakhs to ₹5.1 Lakhs per year
Bandhan Bank Accountant Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Accountant at Kotak Mahindra Bank in India?

The estimated take-home salary of a Accountant at Kotak Mahindra Bank ranges between ₹18,774 per month to ₹20,455 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Accountant salary in India which ranges between ₹1.6 Lakhs to ₹4.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Accountant at Kotak Mahindra Bank?

According to AmbitionBox, 38% of the Kotak Mahindra Bank Accountant s reported a notice period of 15 days or less, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Accountant Salaries

Kotak Mahindra Bank Accountant salary in India ranges between ₹1.6 Lakh to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 67 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.