Kotak Mahindra Bank Chennai Authoriser Salaries by 10 Employees (Updated 2025)

3 - 7 years exp.

₹4.2 Lakhs - ₹7.5 Lakhs

Salary of majority employees

7% less than the average Authoriser Salary in Banking Companies for 3 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Authoriser Salary 3 - 7 years exp. (5 salaries)	₹4.2 L/yr - ₹6.5 L/yr
BFSI, Investments & Trading Authoriser Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.8 L/yr
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Finance & Accounting Authoriser Salary 5 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.8 L/yr
Human Resources Authoriser Salary 7 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹7.5 L/yr

Last Updated: 3 Feb 2025

Companies similar to Kotak Mahindra Bank for Authoriser in Chennai

Kotak Mahindra Bank Authoriser Salary

3 - 7 years exp. (10 salaries)

₹4.2 L/yr - ₹7.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Authoriser Salary 4 - 10 years exp. (18 salaries)	₹2.9 L/yr - ₹8.5 L/yr 16% more	3 job openings
Yes Bank Authoriser Salary 4 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹6 L/yr 4% less
Login to view exact salary
CAMS Authoriser Salary 1 - 5 years exp. (3 salaries)	₹3 L/yr - ₹3.8 L/yr 40% less
NatWest Group Authoriser Salary 4 - 5 years exp. (3 salaries)	₹4 L/yr - ₹4.9 L/yr 21% less

Authoriser salary at Kotak Mahindra Bank ranges between ₹4.2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Authoriser salaries in Chennai

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
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5 years (4 salaries)	₹4.2 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr

From

Authoriser

₹

Lakhs/yr

3 - 9 years exp.

Regional Sales Manager

₹

Lakhs/yr

13 - 21 years exp.

Authoriser

3 - 9 years exp.

Brach Operation Manager

3 - 15 years exp.

46% hike

Branch Manager

7 - 20 years exp.

102% hike

From

View 4 more levels

Authoriser

3 - 9 years exp.

Senior Regional Business Manager

Salary unavailable

From

View 2 more levels

Authoriser

3 - 9 years exp.

Regional Asset Manager

15 - 17 years exp.

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

Deputy Manager Salary

(661 salaries)

₹1.8 L/yr - ₹8 L/yr

Branch Manager Salary

(35 salaries)

₹9 L/yr - ₹20 L/yr

Team Lead Salary

(16 salaries)

₹2 L/yr - ₹6.75 L/yr

Team Manager Salary

(8 salaries)

₹1.3 L/yr - ₹7.25 L/yr

Area Manager Salary

(5 salaries)

₹11 L/yr - ₹19 L/yr

Top skills at Kotak Mahindra Bank for Authoriser

Branch Banking Operations Authorization Service Excellence Cash Management Clearing Finance Cross Selling Compliance Front Office Cashier Activities Banking Cash Handling Branch Operations

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 1 employees for salary & benefits

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 more

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

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Kotak Mahindra Bank Authoriser Salary FAQs

What is the salary of Authoriser at Kotak Mahindra Bank in Chennai?

The average salary of a Authoriser at Kotak Mahindra Bank in Chennai typically ranges from ₹4.2 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Authoriser in Chennai at Kotak Mahindra Bank earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Authoriser Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10 Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Authoriser at Kotak Mahindra Bank in Chennai?

The estimated take-home salary of a Authoriser at Kotak Mahindra Bank in Chennai typically ranges from ₹41,313 to ₹42,458 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 3 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Authoriser at Kotak Mahindra Bank in Chennai?

To be a Authoriser at Kotak Mahindra Bank in Chennai, the key skills required include:

- Branch Banking Operations
- Authorization
- Service Excellence
- Cash Management
- Clearing

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Authoriser in India?

HDFC Bank

₹2.9 Lakhs to ₹8.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

What is the salary of a Authoriser in companies similar to Kotak Mahindra Bank in Chennai?

The salary of a Authoriser at companies similar to Kotak Mahindra Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank	₹4.3 Lakhs to ₹6.0 Lakhs per year
NatWest Group	₹4.0 Lakhs to ₹4.9 Lakhs per year
CAMS	₹3.0 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Authoriser at Kotak Mahindra Bank in Chennai?

The salary growth for a Authoriser at Kotak Mahindra Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Authoriser in Chennai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
3 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
4 years	₹4.7 Lakhs to ₹6.0 Lakhs per year
5 years	₹4.2 Lakhs to ₹6.5 Lakhs per year
6 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Authoriser Salaries in Chennai

Kotak Mahindra Bank Authoriser salary in Chennai ranges between ₹4.2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.