Upload Button Icon Add office photos
filter salariesFilter salaries by

Kotak Mahindra Bank Associate salaries in Mumbai

Annual salary range
0 - 6 years exp.
₹1.2 Lakh - ₹4.2 Lakhs
Salary of majority employees
unlock blur
unlock blur

67% less than the average Associate Salary in Banking Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Associate Salary
0 - 6 years exp. (93 salaries)
unlock-blur

₹1.2 L/yr - ₹4.2 L/yr

Customer Success, Service & Operations
Associate Salary
0 - 5 years exp. (67 salaries)
unlock-blur

₹1.6 L/yr - ₹3 L/yr

Finance & Accounting
Associate Salary
0 - 6 years exp. (60 salaries)
unlock-blur

₹1.4 L/yr - ₹4.2 L/yr

Risk Management & Compliance
Associate Salary
0 - 4 years exp. (23 salaries)
unlock-blur

₹1.8 L/yr - ₹3.2 L/yr

Sales & Business Development
Associate Salary
1 - 6 years exp. (6 salaries)
unlock-blur

₹1.7 L/yr - ₹3.5 L/yr

Last Updated: 9 Dec 2024

Companies similar to Kotak Mahindra Bank for Associate in Mumbai

Logo
Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (344 salaries)

unlock blur

₹1.2 L/yr - ₹4.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
HDFC Bank Associate Salary

0 - 6 years exp. (20 salaries)

unlock blur

₹1.9 L/yr - ₹6 L/yr

arrow icon 18% more
Logo
ICICI Bank Associate Salary

0 - 6 years exp. (26 salaries)

unlock blur

₹1.1 L/yr - ₹4.1 L/yr

arrow icon 7% more
Logo
Axis Bank Associate Salary

0 - 7 years exp. (15 salaries)

unlock blur

₹2.1 L/yr - ₹5 L/yr

arrow icon 47% more
Logo
State Bank of India Associate Salary

1 - 6 years exp. (26 salaries)

unlock blur

₹3 L/yr - ₹8.6 L/yr

arrow icon 173% more
Logo
Yes Bank Associate Salary

1 - 8 years exp. (8 salaries)

unlock blur

₹2.5 L/yr - ₹4.9 L/yr

arrow icon 43% more
Logo
IndusInd Bank Associate Salary

1 - 8 years exp. (9 salaries)

unlock blur

₹1.7 L/yr - ₹3 L/yr

arrow icon 15% more
Logo
IDFC FIRST Bank Associate Salary

0 - 6 years exp. (306 salaries)

unlock blur

₹1.6 L/yr - ₹4.5 L/yr

arrow icon 20% more
Logo
Federal Bank Associate Salary

1 - 4 years exp. (9 salaries)

unlock blur

₹5 L/yr - ₹8 L/yr

arrow icon 153% more
Logo
Bank of America Associate Salary

1 - 11 years exp. (62 salaries)

unlock blur

₹7.5 L/yr - ₹35.9 L/yr

arrow icon 764% more
2 job openings
Logo
NatWest Group Associate Salary

4 - 12 years exp. (61 salaries)

unlock blur

₹12 L/yr - ₹34.5 L/yr

arrow icon 709% more
Logo
Standard Chartered Associate Salary

1 - 13 years exp. (53 salaries)

unlock blur

₹7.5 L/yr - ₹33 L/yr

arrow icon 639% more
6 job openings
Logo
Barclays Associate Salary

2 - 8 years exp. (12 salaries)

unlock blur

₹7.2 L/yr - ₹23 L/yr

arrow icon 576% more
unlock blur

₹8.6 L/yr - ₹17.3 L/yr

arrow icon 329% more
Logo
Barclays Investment Bank Associate Salary

7 - 9 years exp. (3 salaries)

unlock blur

₹6.3 L/yr - ₹16.5 L/yr

arrow icon 308% more
Associate salary at Kotak Mahindra Bank ranges between ₹1.2 Lakh to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 344 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Associate in Mumbai

1w ago
avg blur mobile
3 years exp.
2w ago
avg blur mobile
2 years exp.
2w ago
avg blur mobile
1 year exp.
3w ago
avg blur mobile
5 years exp.
1mo ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
2 years exp.
1mo ago
avg blur mobile
4 years exp.
1mo ago
avg blur mobile
1 year exp.
1mo ago
avg blur mobile
4 years exp.

Experience wise Kotak Mahindra Bank Associate salaries in Mumbai

Last Updated: 9 Dec 2024

Experience Avg Annual Salary
Fresher  (45 salaries)

unlock blur

₹1.4 L/yr - ₹3.3 L/yr
1 year  (86 salaries)

unlock blur

₹1.2 L/yr - ₹3.5 L/yr
2 years  (75 salaries)

unlock blur

₹1.5 L/yr - ₹4.2 L/yr
3 years  (64 salaries)

unlock blur

₹1.5 L/yr - ₹4.2 L/yr
4 years  (46 salaries)

unlock blur

₹1.8 L/yr - ₹3.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Team Lead Salary
(82 salaries)
unlock blur
₹1.8 L/yr - ₹9 L/yr
unlock blur
₹1.5 L/yr - ₹3.5 L/yr
Technical Lead Salary
(3 salaries)
unlock blur
₹33.49 L/yr - ₹34.27 L/yr

Top skills at Kotak Mahindra Bank for Associate

Origination MA Valuation Investment Banking Operations Due Diligence

Salary related reviews for Kotak Mahindra Bank

2.8

Rated by 23 employees for salary & benefits

Credit card Operatoin Department

1.0
  •  posted on 30 Jul 2018

1.0
 for  Salary and Benefits

Likes

Job security

Dislikes

No salary increment for Associate level. Hr is least bothered about there job exit and no meeting even once in a year. No Overtime allowance. Travelling is too difficult if anyone is in Malad infinity park. No learning program for employees except manipal University program. Cafeteria is poor in Back office Malad. No proper training provided for employees.

read more

Full Time

 · 

ARD Department

3.0
  •  posted on 01 May 2022

4.0
 for  Salary and Benefits

Likes

I have learned a lot by working in this organization. Company have given me free hand to use my skills which helps me to close some of complicated loan cases which could take years to resolve.

read more

Dislikes

There is a lot of workload due to which you dont and have personal life and they font pay accordingly. One more thing they have bad conveyance expenses policy. Bank only pay Rs. 4 per kilometer upto level of M3 and there after yoy will get onle Rs. 7 per kilometer from Grade M4.

read more

Finance & Accounting Department

2.0
  •  posted on 06 Dec 2018

1.0
 for  Salary and Benefits

Likes

In kotak mahindra there is a growth but there salary is very less and there is no no proper incentives and we will not receive salary on time. For employees there is no leave. We have to work like 24/7/365.

read more

Dislikes

Same as above

agriculture Department

4.0
  •  posted on 04 May 2018

3.0
 for  Salary and Benefits

Likes

the company is open to innovation and readily adopts latest technology

Dislikes

compensation is decent but growth is slow. sometimes i have to work 14-18 hours straight in a day as i have to attend client calls in the early morning and evening and sometimes late into night

read more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 08 May 2023

2.0
 for  Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindra Bank Associate Salary FAQs

What is the salary of Associate at Kotak Mahindra Bank Mumbai?
Associate salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.2 Lakhs to ₹4.2 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 67% less than the average Associate Salary in India. Salary estimates are based on 344 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Associate at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Associate at Kotak Mahindra Bank is 67% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Associate at Kotak Mahindra Bank?
Origination, MA, Valuation, Investment Banking Operations and Due Diligence are some of the popular skills required to work as a Associate at Kotak Mahindra Bank Mumbai.
Which similar companies are paying more than Kotak Mahindra Bank to a Associate in Mumbai?
  • Bank of America Associate Salary - ₹7.5 Lakhs to ₹35.9 Lakhs per year
  • NatWest Group Associate Salary - ₹12.0 Lakhs to ₹34.5 Lakhs per year
  • Standard Chartered Associate Salary - ₹7.5 Lakhs to ₹33.0 Lakhs per year
  • Barclays Associate Salary - ₹7.2 Lakhs to ₹23.0 Lakhs per year
  • HSBC Global Banking and Markets Associate Salary - ₹8.6 Lakhs to ₹17.3 Lakhs per year
What is the salary of a Associate in companies similar to Kotak Mahindra Bank in Mumbai?
  • Barclays Investment Bank Associate Salary - ₹6.3 Lakhs to ₹16.5 Lakhs per year
  • State Bank of India Associate Salary - ₹3.0 Lakhs to ₹8.6 Lakhs per year
  • Federal Bank Associate Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
  • Axis Bank Associate Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year
  • Yes Bank Associate Salary - ₹2.5 Lakhs to ₹4.9 Lakhs per year
What is the estimated take home salary of a Associate at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Associate at Kotak Mahindra Bank ranges between ₹17,600 per month to ₹19,299 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate salary in India which ranges between ₹1.2 Lakhs to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Associate at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 82% of the Kotak Mahindra Bank Associates in Mumbai reported a notice period of 1 Month, 7% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 199 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Associate salary in Mumbai ranges between ₹1.2 Lakh to ₹4.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 344 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.