Kotak Mahindra Bank Mumbai Authoriser Salaries by 20+ Employees (Updated 2025)

3 - 9 years exp.

₹4 Lakhs - ₹7.6 Lakhs

Salary of majority employees

7% more than the average Authoriser Salary in Banking Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Authoriser Salary 3 - 9 years exp. (12 salaries)	₹4 L/yr - ₹6.9 L/yr
Customer Success, Service & Operations Authoriser Salary 3 - 9 years exp. (12 salaries)	₹4.5 L/yr - ₹7.6 L/yr
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Finance & Accounting Authoriser Salary 4 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr

Last Updated: 24 Jan 2025

Companies similar to Kotak Mahindra Bank for Authoriser in Mumbai

Kotak Mahindra Bank Authoriser Salary

3 - 9 years exp. (28 salaries)

₹4 L/yr - ₹7.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Authoriser Salary 6 - 12 years exp. (7 salaries)	₹3.5 L/yr - ₹8 L/yr 3% less	1 job opening
IndusInd Bank Authoriser Salary 6 - 9 years exp. (3 salaries)	₹4.8 L/yr - ₹6 L/yr 22% less
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IDFC FIRST Bank Authoriser Salary 5 - 10 years exp. (6 salaries)	₹4.7 L/yr - ₹7.5 L/yr 4% more	1 job opening
HDB Financial Services Authoriser Salary 5 - 15 years exp. (4 salaries)	₹2.5 L/yr - ₹4.2 L/yr 52% less
IBM Authoriser Salary 3 - 5 years exp. (3 salaries)	₹3.4 L/yr - ₹4.6 L/yr 37% less

Authoriser salary at Kotak Mahindra Bank ranges between ₹4 Lakhs to ₹7.6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 28 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Authoriser salaries in Mumbai

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.8 L/yr
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5 years (5 salaries)	₹4 L/yr - ₹7 L/yr
6 years (3 salaries)	₹5.1 L/yr - ₹6.6 L/yr
7 years (8 salaries)	₹4.5 L/yr - ₹7.6 L/yr
8 years (5 salaries)	₹4.8 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.7 L/yr

View all

From

Authoriser

₹

Lakhs/yr

3 - 9 years exp.

Regional Sales Manager

₹

Lakhs/yr

11 - 21 years exp.

Authoriser 3 - 9 years exp.

Brach Operation Manager 4 - 15 years exp.

48% hike

Branch Manager 7 - 20 years exp.

98% hike

From

2 more levels

Authoriser

3 - 9 years exp.

Regional Asset Manager

15 - 17 years exp.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.4k salaries)

₹1.65 L/yr - ₹8.2 L/yr

Branch Manager Salary

(133 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Team Lead Salary

(83 salaries)

₹1.8 L/yr - ₹9 L/yr

Project Manager Salary

(49 salaries)

₹5.3 L/yr - ₹20 L/yr

Team Manager Salary

(24 salaries)

₹2 L/yr - ₹9.61 L/yr

Area Manager Salary

(8 salaries)

₹7.05 L/yr - ₹22.92 L/yr

Cluster Manager Salary

(6 salaries)

₹9 L/yr - ₹13.79 L/yr

Program Manager Salary

(5 salaries)

₹7 L/yr - ₹23.5 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

2.8

Rated by 4 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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Authoriser Salary FAQs

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

Authoriser salary at Kotak Mahindra Bank in Mumbai ranges between ₹4.0 Lakhs to ₹7.6 Lakhs for experience between 3 years to 9 years. According to our estimates it is 7% more than the average Authoriser Salary in India. Salary estimates are based on 28 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Authoriser at Kotak Mahindra Bank is 7% more than the average salary of a Authoriser in Mumbai. To know exact salary insights, login to view.

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

Branch Banking Operations, Authorization, Service Excellence, Cash Management and Clearing are some of the popular skills required to work as a Authoriser at Kotak Mahindra Bank Mumbai.

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

IDFC FIRST Bank Authoriser Salary - ₹4.7 Lakhs to ₹7.5 Lakhs per year

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

HDFC Bank Authoriser Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
IndusInd Bank Authoriser Salary - ₹4.8 Lakhs to ₹6.0 Lakhs per year
IBM Authoriser Salary - ₹3.4 Lakhs to ₹4.6 Lakhs per year
HDB Financial Services Authoriser Salary - ₹2.5 Lakhs to ₹4.2 Lakhs per year

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

The estimated take-home salary of a Authoriser at Kotak Mahindra Bank ranges between ₹47,323 per month to ₹48,443 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Authoriser salary in India which ranges between ₹4.0 Lakhs to ₹7.6 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 91% of the Kotak Mahindra Bank Authorisers in Mumbai reported a notice period of 3 Months, 9% reported a notice period of 1 Month.This is based on 22 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Authoriser Salaries in Mumbai

Kotak Mahindra Bank Authoriser salary in Mumbai ranges between ₹4 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.