Kotak Mahindra Bank Mumbai Associate Executive Salaries by 5 Employees (Updated 2025)

0 - 3 years exp.

₹1.7 Lakh - ₹2.8 Lakhs

Salary of majority employees

41% less than the average Associate Executive Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Executive Salary 1 year exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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Customer Success, Service & Operations Associate Executive Salary Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Last Updated: 5 Feb 2025

Companies similar to Kotak Mahindra Bank for Associate Executive in Mumbai

Kotak Mahindra Bank Associate Executive Salary

0 - 3 years exp. (5 salaries)

₹1.7 L/yr - ₹2.8 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Associate Executive Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹2.5 L/yr 11% less
Kiya.ai Associate Executive Salary 2 - 6 years exp. (12 salaries)	₹3 L/yr - ₹6 L/yr 82% more
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Ipsos Associate Executive Salary 0 - 2 years exp. (11 salaries)	₹3.6 L/yr - ₹4.9 L/yr 75% more
Accenture Associate Executive Salary 0 - 4 years exp. (8 salaries)	₹1.7 L/yr - ₹4 L/yr 30% more
Lupin Associate Executive Salary 1 - 6 years exp. (5 salaries)	₹2.4 L/yr - ₹4.7 L/yr 60% more

Associate Executive salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Associate Executive salaries in Mumbai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
1 year (3 salaries)	₹1.7 L/yr - ₹4.1 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.8 L/yr

From

Associate Executive

₹

Lakhs/yr

0 - 5 years exp.

Deputy Manager

₹

Lakhs/yr

0 - 13 years exp.

Associate Executive 0 - 5 years exp.

Assistant Manager 0 - 9 years exp.

47% hike

Deputy Manager 0 - 13 years exp.

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.

Similar Designation salaries in Kotak Mahindra Bank

Senior Associate Salary

(24 salaries)

₹1.5 L/yr - ₹3.9 L/yr

Accountant Salary

(17 salaries)

₹2 L/yr - ₹3.5 L/yr

Process Associate Salary

(11 salaries)

₹1.6 L/yr - ₹3 L/yr

Analyst Salary

(11 salaries)

₹4.28 L/yr - ₹13 L/yr

Account Assistant Salary

(8 salaries)

₹2 L/yr - ₹3 L/yr

Finance Executive Salary

(8 salaries)

₹1.75 L/yr - ₹3.5 L/yr

Audit Assistant Salary

(4 salaries)

₹1.2 L/yr - ₹2.65 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 2 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 Associate Executive Salary FAQs

What is the salary of Associate Executive at Kotak Mahindra Bank Mumbai?

Associate Executive salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.7 Lakhs to ₹2.8 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 41% less than the average Associate Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Associate Executive at Kotak Mahindra Bank is 41% less than the average salary of a Associate Executive in Mumbai. To know exact salary insights, login to view.

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

Kiya.ai Associate Executive Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Ipsos Associate Executive Salary - ₹3.6 Lakhs to ₹4.9 Lakhs per year
Lupin Associate Executive Salary - ₹2.4 Lakhs to ₹4.7 Lakhs per year
Accenture Associate Executive Salary - ₹1.7 Lakhs to ₹4.0 Lakhs per year

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

IDFC FIRST Bank Associate Executive Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Associate Executive at Kotak Mahindra Bank ranges between ₹16,099 per month to ₹17,761 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate Executive salary in India which ranges between ₹1.7 Lakhs to ₹2.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Associate Executives in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Associate Executive Salaries in Mumbai

Kotak Mahindra Bank Associate Executive salary in Mumbai ranges between ₹1.7 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.