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Kotak Mahindra Bank Back Office salaries in India

Annual salary range
0 - 2 years exp.
₹1.2 Lakh - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Back Office Salary in Banking Companies for 0 - 2 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Back Office Salary
0 - 2 years exp. (3 salaries)
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₹1.2 L/yr - ₹1.4 L/yr

Risk Management & Compliance
Back Office Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3 L/yr

Last Updated: 10 Aug 2024

Companies similar to Kotak Mahindra Bank for Back Office

Company name Avg Annual Salary Open Jobs
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HDFC Bank Back Office Salary

1 - 6 years exp. (19 salaries)

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₹1.1 L/yr - ₹4 L/yr

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ICICI Bank Back Office Salary

0 - 4 years exp. (7 salaries)

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₹1 L/yr - ₹3.5 L/yr

arrow icon 4% less
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Axis Bank Back Office Salary

2 - 6 years exp. (6 salaries)

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₹1 L/yr - ₹2.2 L/yr

arrow icon 19% less
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IDBI Bank Back Office Salary

3 - 7 years exp. (4 salaries)

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₹2.3 L/yr - ₹3.1 L/yr

arrow icon 12% more
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Bandhan Bank Back Office Salary

2 - 6 years exp. (4 salaries)

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₹1.4 L/yr - ₹2.4 L/yr

arrow icon 5% less
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IDFC FIRST Bank Back Office Salary

2 - 3 years exp. (4 salaries)

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₹1.5 L/yr - ₹1.8 L/yr

arrow icon 24% less
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Bank of Baroda Back Office Salary

0 - 5 years exp. (4 salaries)

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₹1 L/yr - ₹5 L/yr

arrow icon 8% more
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Union Bank of India Back Office Salary

1 - 7 years exp. (4 salaries)

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₹0.5 L/yr - ₹2 L/yr

arrow icon 35% less
Back Office salary at Kotak Mahindra Bank ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Back Office

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2 years exp.
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1 year exp.
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1 year exp.
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Experience wise Kotak Mahindra Bank Back Office salaries

Last Updated: 10 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3.8 L/yr
1 year (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹1.2 L/yr - ₹3 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 3 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 27 Dec 2024

2.0
 for  Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Dec 2024

4.0
 for  Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

read more
  • Salary - Good
  • +1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

read more
  • Job security - Bad
  • +2 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more
  • Salary - Good
  • +1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024

2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

read more
  • Salary - Poor
  • +4 more
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Kotak Mahindra Bank Back Office Salary FAQs

What is the salary of Back Office at Kotak Mahindra Bank ?
The average salary of a Back Office at Kotak Mahindra Bank in India typically ranges from ₹1.2 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Back Office at Kotak Mahindra Bank earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Back Office 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 5 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Back Office at Kotak Mahindra Bank in India?
The estimated take-home salary of a Back Office at Kotak Mahindra Bank in India typically ranges from ₹14,654 to ₹16,191 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 5 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindra Bank for Back Office in India?
HDFC Bank ₹1.1 Lakhs to ₹4.0 Lakhs per year
IDBI Bank ₹2.3 Lakhs to ₹3.1 Lakhs per year
Bank of Baroda ₹1.0 Lakhs to ₹5.0 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 Back Office in companies similar to Kotak Mahindra Bank in India?
The salary of a Back Office at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹1.0 Lakhs to ₹3.5 Lakhs per year
Bandhan Bank ₹1.4 Lakhs to ₹2.4 Lakhs per year
Axis Bank ₹1.0 Lakhs to ₹2.2 Lakhs per year
IDFC FIRST Bank ₹1.5 Lakhs to ₹1.8 Lakhs per year
Union Bank of India ₹0.5 Lakhs to ₹2.0 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 Back Office at Kotak Mahindra Bank in India?
The salary growth for a Back Office at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Back Office can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹1.2 Lakhs to ₹3.8 Lakhs per year
1 year ₹1.2 Lakhs to ₹3.0 Lakhs per year
2 years ₹1.2 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Back Office salary in India ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.