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Kotak Mahindra Bank

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3.8

based on 16.6k Reviews

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Kotak Mahindra Bank Accounts Associate salaries in India

Annual salary range
1 - 3 years exp.
₹1.9 Lakh - ₹2.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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33% less than the average Accounts Associate Salary in Banking Companies for 1 - 3 years of experience

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Last Updated: 11 Jun 2024

Companies similar to Kotak Mahindra Bank for Accounts Associate

Company name Avg Annual Salary Open Jobs
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HDFC Bank Accounts Associate Salary

0 - 2 years exp. (3 salaries)
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₹2.8 L/yr - ₹3.1 L/yr

arrow icon 41% more
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IndusInd Bank Accounts Associate Salary

0 - 2 years exp. (4 salaries)
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₹1.5 L/yr - ₹2.2 L/yr

arrow icon 15% less
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IDFC FIRST Bank Accounts Associate Salary

3 - 4 years exp. (4 salaries)
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₹2.3 L/yr - ₹2.8 L/yr

arrow icon 23% more
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Accenture Accounts Associate Salary

0 - 4 years exp. (642 salaries)
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₹1 L/yr - ₹6.1 L/yr

arrow icon 48% more
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Conduent Accounts Associate Salary

0 - 4 years exp. (391 salaries)
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₹1.5 L/yr - ₹4.6 L/yr

arrow icon 25% more
Accounts Associate salary at Kotak Mahindra Bank ranges between ₹1.9 Lakh to ₹2.3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Accounts Associate

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Experience wise Kotak Mahindra Bank Accounts Associate salaries

Last Updated: 11 Jun 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.9 L/yr - ₹3.8 L/yr
2 years  (3 salaries)

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₹1.9 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3.9 L/yr
Kotak Mahindra Bank Accounts Associate Salary and Career Growth

From

To

Accounts Associate

₹unlock blur Lakhs/yr

1 - 3 years exp.

Deputy Manager

₹unlock blur Lakhs/yr

0 - 12 years exp.

Accounts Associate 1 - 3 years exp.
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Assistant Manager 0 - 9 years exp.
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arrow icon 65% hike
    Deputy Manager 0 - 12 years exp.
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    arrow icon 43% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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    Salary related reviews for Kotak Mahindra Bank

    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.

    read more
    • 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.

    read more
    • 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.

    read more
    • 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.

    read more
    • 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.

    read more
    • 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.

    read more
    • Salary - Poor
      • +4 more
    see more salary related reviews

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    What people are saying about Kotak Mahindra Bank

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    malleshkuruva
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    2w
    works at
    Kotak Mahindra Bank
    How to get more interview calls and which website better to upload resume
    Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.
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    Kotak Mahindra Bank Accounts Associate Salary FAQs

    What is the salary of Accounts Associate at Kotak Mahindra Bank?
    Accounts Associate salary at Kotak Mahindra Bank in India ranges between ₹1.9 Lakhs to ₹2.3 Lakhs for experience between 1 years to 3 years. According to our estimates it is 33% less than the average Accounts Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank India.
    How does the salary of a Accounts Associate at Kotak Mahindra Bank India compare with the average salary range for this job?
    The average salary of a Accounts Associate at Kotak Mahindra Bank is 33% less than the average salary of a Accounts Associate in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Kotak Mahindra Bank to a Accounts Associate in India?
    • Accenture Accounts Associate Salary - ₹1.0 Lakhs to ₹6.1 Lakhs per year
    • HDFC Bank Accounts Associate Salary - ₹2.8 Lakhs to ₹3.1 Lakhs per year
    • Conduent Accounts Associate Salary - ₹1.5 Lakhs to ₹4.6 Lakhs per year
    • IDFC FIRST Bank Accounts Associate Salary - ₹2.3 Lakhs to ₹2.8 Lakhs per year
    What is the salary of a Accounts Associate in companies similar to Kotak Mahindra Bank in India?
    • IndusInd Bank Accounts Associate Salary - ₹1.5 Lakhs to ₹2.2 Lakhs per year
    What is the estimated take home salary of a Accounts Associate at Kotak Mahindra Bank in India?
    The estimated take-home salary of a Accounts Associate at Kotak Mahindra Bank ranges between ₹14,677 per month to ₹16,216 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Accounts Associate salary in India which ranges between ₹1.9 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

    Tell us how to improve this page.

    Kotak Mahindra Bank Accounts Associate salary in India ranges between ₹1.9 Lakh to ₹2.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.