Kotak Mahindra Bank Mumbai Analyst Salaries by 9 Employees (Updated 2025)

1 - 3 years exp.

₹8.3 Lakhs - ₹13 Lakhs

Salary of majority employees

Fixed (90%)

₹9.2 Lakhs

Variable (10%)

₹1.0 Lakh

42% more than the average Analyst Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Risk Management & Compliance Analyst Salary 1 year exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹11 L/yr
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Data Science & Analytics Analyst Salary 1 year exp. (AmbitionBox Estimate)	₹10 L/yr - ₹13 L/yr

Last Updated: 11 Apr 2024

Companies similar to Kotak Mahindra Bank for Analyst in Mumbai

Kotak Mahindra Bank Analyst Salary

1 - 3 years exp. (9 salaries)

₹8.3 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Analyst Salary 0 - 6 years exp. (27 salaries)	₹9.5 L/yr - ₹17.8 L/yr 4% more
ICICI Bank Analyst Salary 0 - 3 years exp. (27 salaries)	₹6.2 L/yr - ₹18.1 L/yr 51% more
Login to view exact salary
Axis Bank Analyst Salary 0 - 7 years exp. (11 salaries)	₹3 L/yr - ₹9.1 L/yr 32% less
IndusInd Bank Analyst Salary 1 - 10 years exp. (17 salaries)	₹10.6 L/yr - ₹14.5 L/yr 23% more
Yes Bank Analyst Salary 0 - 3 years exp. (5 salaries)	₹8.3 L/yr - ₹11 L/yr 18% less
IDFC FIRST Bank Analyst Salary 1 - 7 years exp. (43 salaries)	₹1.9 L/yr - ₹6 L/yr 58% less
RBL Bank Analyst Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹10 L/yr 40% less
Barclays Investment Bank Analyst Salary 0 - 4 years exp. (14 salaries)	₹6.6 L/yr - ₹20 L/yr 50% more
South Indian Bank Analyst Salary 1 - 3 years exp. (3 salaries)	₹9 L/yr - ₹10 L/yr 9% less
HSBC Global Banking and Markets Analyst Salary 5 - 6 years exp. (3 salaries)	₹8 L/yr - ₹12.5 L/yr 1% more
Chase Bank Analyst Salary 4 - 12 years exp. (3 salaries)	₹8 L/yr - ₹9.1 L/yr 18% less
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Analyst salary at Kotak Mahindra Bank ranges between ₹8.3 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Analyst salaries in Mumbai

Last Updated: 11 Apr 2024

Experience	Avg Annual Salary
1 year (7 salaries)	₹3.5 L/yr - ₹13 L/yr
2 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
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3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹12 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Credit Manager Salary

(240 salaries)

₹4 L/yr - ₹13 L/yr

Business Analyst Salary

(151 salaries)

₹9.31 L/yr - ₹17 L/yr

Team Lead Salary

(80 salaries)

₹1.8 L/yr - ₹9 L/yr

Credit Analyst Salary

(57 salaries)

₹4 L/yr - ₹17.3 L/yr

Senior Associate Salary

(25 salaries)

₹1.5 L/yr - ₹3.9 L/yr

Accountant Salary

(17 salaries)

₹2 L/yr - ₹3.5 L/yr

Senior Analyst Salary

(3 salaries)

₹7.81 L/yr - ₹12.5 L/yr

Top skills at Kotak Mahindra Bank for Analyst

Tracking Communication Skills RCA MIS Excel Report Preparation

Salary related reviews for Kotak Mahindra Bank

3.6

Rated by 3 employees for salary & benefits

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted 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

Skill development - Good

+2 more

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.

Salary - Bad

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

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

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 Analyst Salary FAQs

What is the salary of Analyst at Kotak Mahindra Bank Mumbai?

Analyst salary at Kotak Mahindra Bank in Mumbai ranges between ₹8.3 Lakhs to ₹13.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 42% more than the average Analyst Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Analyst at Kotak Mahindra Bank is 42% more than the average salary of a Analyst in Mumbai. To know exact salary insights, login to view.

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

Tracking, Communication Skills, RCA, MIS and Excel Report Preparation are some of the popular skills required to work as a Analyst at Kotak Mahindra Bank Mumbai.

Which similar companies are paying more than Kotak Mahindra Bank to a Analyst in Mumbai?

ICICI Bank Analyst Salary - ₹6.2 Lakhs to ₹18.1 Lakhs per year
Barclays Investment Bank Analyst Salary - ₹6.6 Lakhs to ₹20.0 Lakhs per year
IndusInd Bank Analyst Salary - ₹10.6 Lakhs to ₹14.5 Lakhs per year
HDFC Bank Analyst Salary - ₹9.5 Lakhs to ₹17.8 Lakhs per year
HSBC Global Banking and Markets Analyst Salary - ₹8.0 Lakhs to ₹12.5 Lakhs per year

What is the salary of a Analyst in companies similar to Kotak Mahindra Bank in Mumbai?

South Indian Bank Analyst Salary - ₹9.0 Lakhs to ₹10.0 Lakhs per year
Yes Bank Analyst Salary - ₹8.3 Lakhs to ₹11.0 Lakhs per year
Chase Bank Analyst Salary - ₹8.0 Lakhs to ₹9.1 Lakhs per year
Axis Bank Analyst Salary - ₹3.0 Lakhs to ₹9.1 Lakhs per year
RBL Bank Analyst Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Analyst at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Analyst at Kotak Mahindra Bank ranges between ₹73,638 per month to ₹75,541 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Analyst salary in India which ranges between ₹8.3 Lakhs to ₹13.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Analyst at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 80% of the Kotak Mahindra Bank Analysts in Mumbai reported a notice period of 1 Month, 20% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Analyst Salaries in Mumbai

Kotak Mahindra Bank Analyst salary in Mumbai ranges between ₹8.3 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.