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Kotak Mahindra Bank Associate salaries in Pune

Annual salary range
0 - 6 years exp.
₹1.2 Lakh - ₹3.6 Lakhs
Salary of majority employees
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64% less than the average Associate Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
0 - 6 years exp. (16 salaries)
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₹1.7 L/yr - ₹3.2 L/yr

Customer Success, Service & Operations
Associate Salary
0 - 5 years exp. (14 salaries)
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₹1.5 L/yr - ₹2.7 L/yr

Finance & Accounting
Associate Salary
0 - 5 years exp. (12 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

Sales & Business Development
Associate Salary
1 - 6 years exp. (5 salaries)
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₹1.6 L/yr - ₹3.1 L/yr

Risk Management & Compliance
Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Last Updated: 1 Jan 2025

Companies similar to Kotak Mahindra Bank for Associate in Pune

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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (62 salaries)

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₹1.2 L/yr - ₹3.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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State Bank of India Associate Salary

2 - 7 years exp. (15 salaries)

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₹4.5 L/yr - ₹8 L/yr

arrow icon 157% more
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Federal Bank Associate Salary

0 - 4 years exp. (10 salaries)

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₹4.8 L/yr - ₹7 L/yr

arrow icon 158% more
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City Union Bank Associate Salary

1 - 3 years exp. (5 salaries)

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₹3.8 L/yr - ₹4.3 L/yr

arrow icon 56% more
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₹3 L/yr - ₹15.8 L/yr

arrow icon 263% more
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Cognizant Associate Salary

0 - 9 years exp. (7.7k salaries)

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₹5.2 L/yr - ₹16.5 L/yr

arrow icon 257% more
20 job openings
Associate salary at Kotak Mahindra Bank ranges between ₹1.2 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 62 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Associate in Pune

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Experience wise Kotak Mahindra Bank Associate salaries in Pune

Last Updated: 1 Jan 2025

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹2.2 L/yr - ₹4.3 L/yr
1 year  (19 salaries)

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₹1.1 L/yr - ₹3.5 L/yr
2 years  (16 salaries)

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₹1.5 L/yr - ₹3.6 L/yr
3 years  (5 salaries)

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₹1.5 L/yr - ₹3.1 L/yr
4 years  (7 salaries)

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₹1.6 L/yr - ₹3 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Team Lead Salary
(15 salaries)
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₹2 L/yr - ₹5 L/yr
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₹1.4 L/yr - ₹2.4 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

3.1

Rated by 6 employees for salary & benefits

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.

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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.

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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

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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.

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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.

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Kotak Mahindra Bank Associate Salary FAQs

What is the salary of Associate at Kotak Mahindra Bank Pune?
Associate salary at Kotak Mahindra Bank in Pune ranges between ₹1.2 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 64% less than the average Associate Salary in India. Salary estimates are based on 62 latest salaries received from various employees of Kotak Mahindra Bank Pune.
How does the salary of a Associate at Kotak Mahindra Bank Pune compare with the average salary range for this job?
The average salary of a Associate at Kotak Mahindra Bank is 64% less than the average salary of a Associate in Pune. 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 Pune.
Which similar companies are paying more than Kotak Mahindra Bank to a Associate in Pune?
  • HSBC Global Banking and Markets Associate Salary - ₹3.0 Lakhs to ₹15.8 Lakhs per year
  • Cognizant Associate Salary - ₹5.2 Lakhs to ₹16.5 Lakhs per year
  • Federal Bank Associate Salary - ₹4.8 Lakhs to ₹7.0 Lakhs per year
  • State Bank of India Associate Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
  • City Union Bank Associate Salary - ₹3.8 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Associate at Kotak Mahindra Bank in Pune?
The estimated take-home salary of a Associate at Kotak Mahindra Bank ranges between ₹18,043 per month to ₹19,735 per month in Pune. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate salary in India which ranges between ₹1.2 Lakhs to ₹3.6 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 Pune?
According to AmbitionBox, 58% of the Kotak Mahindra Bank Associates in Pune reported a notice period of 1 Month, 31% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Associate salary in Pune ranges between ₹1.2 Lakh to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 62 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.