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Kotak Mahindra Bank Banker salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹1.5 Lakh - ₹6.5 Lakhs
Salary of majority employees
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25% less than the average Banker Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Banker Salary
0 - 8 years exp. (26 salaries)
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₹2.5 L/yr - ₹5.2 L/yr

Sales & Business Development
Banker Salary
0 - 7 years exp. (22 salaries)
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₹2.3 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Banker Salary
0 - 6 years exp. (16 salaries)
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₹2 L/yr - ₹6.5 L/yr

Finance & Accounting
Banker Salary
2 - 8 years exp. (12 salaries)
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₹2 L/yr - ₹5 L/yr

Last Updated: 28 Feb 2025

Companies similar to Kotak Mahindra Bank for Banker

Company name Avg Annual Salary Open Jobs
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HDFC Bank Banker Salary

0 - 8 years exp. (275 salaries)

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₹1.2 L/yr - ₹8.5 L/yr

arrow icon 4% more
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ICICI Bank Banker Salary

0 - 6 years exp. (329 salaries)

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₹1.6 L/yr - ₹9 L/yr

arrow icon 12% more
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Axis Bank Banker Salary

1 - 10 years exp. (151 salaries)

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₹1.8 L/yr - ₹8.9 L/yr

arrow icon 29% more
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State Bank of India Banker Salary

2 - 31 years exp. (64 salaries)

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₹7 L/yr - ₹18.7 L/yr

arrow icon 237% more
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IndusInd Bank Banker Salary

1 - 8 years exp. (85 salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 14% more
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Yes Bank Banker Salary

1 - 9 years exp. (72 salaries)

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₹2.3 L/yr - ₹8.3 L/yr

arrow icon 26% more
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Federal Bank Banker Salary

2 - 11 years exp. (12 salaries)

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₹3.3 L/yr - ₹11.5 L/yr

arrow icon 119% more
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IDFC FIRST Bank Banker Salary

0 - 7 years exp. (96 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 16% more
1 job opening
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RBL Bank Banker Salary

1 - 8 years exp. (15 salaries)

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₹1.2 L/yr - ₹6.2 L/yr

arrow icon 1% more
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Bandhan Bank Banker Salary

0 - 6 years exp. (121 salaries)

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₹1.2 L/yr - ₹6.2 L/yr

arrow icon 9% less
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Bank of Baroda Banker Salary

0 - 10 years exp. (39 salaries)

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₹1.5 L/yr - ₹8.5 L/yr

arrow icon 77% more
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City Union Bank Banker Salary

0 - 5 years exp. (34 salaries)

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₹2.6 L/yr - ₹5.4 L/yr

arrow icon 11% more
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Canara Bank Banker Salary

4 - 12 years exp. (33 salaries)

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₹4.1 L/yr - ₹15.8 L/yr

arrow icon 175% more
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IDBI Bank Banker Salary

3 - 16 years exp. (32 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 330% more
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Utkarsh Small Finance Bank Banker Salary

0 - 7 years exp. (29 salaries)

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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 13% less
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South Indian Bank Banker Salary

1 - 11 years exp. (26 salaries)

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₹3 L/yr - ₹10.3 L/yr

arrow icon 120% more
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Karur Vysya Bank Banker Salary

0 - 10 years exp. (16 salaries)

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₹2.6 L/yr - ₹9 L/yr

arrow icon 41% more
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The Saraswat Co-operative Bank Banker Salary

0 - 16 years exp. (15 salaries)

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₹2.5 L/yr - ₹8.5 L/yr

arrow icon 43% more
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Ujjivan Small Finance Bank Banker Salary

0 - 5 years exp. (15 salaries)

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₹1.6 L/yr - ₹3.2 L/yr

arrow icon 26% less
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Jana Small Finance Bank Banker Salary

0 - 5 years exp. (11 salaries)

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₹1.8 L/yr - ₹3.6 L/yr

arrow icon 24% less
View all
Banker salary at Kotak Mahindra Bank ranges between ₹1.5 Lakh to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 154 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Banker

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Experience wise Kotak Mahindra Bank Banker salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹2 L/yr - ₹5.4 L/yr
1 year  (22 salaries)

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₹1.5 L/yr - ₹3.5 L/yr
2 years  (33 salaries)

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₹2 L/yr - ₹5 L/yr
3 years  (27 salaries)

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₹2 L/yr - ₹4.5 L/yr
4 years  (26 salaries)

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₹2.2 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Analyst Salary
(26 salaries)
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₹2.41 L/yr - ₹12 L/yr
Team Lead Salary
(423 salaries)
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₹1.55 L/yr - ₹6.76 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹25.56 L/yr
Sales Manager Salary
(745 salaries)
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₹2.17 L/yr - ₹10 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
Senior Analyst Salary
(10 salaries)
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₹4.3 L/yr - ₹12.5 L/yr
Quality Analyst Salary
(18 salaries)
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₹3.25 L/yr - ₹5.32 L/yr
Sales Executive Salary
(805 salaries)
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₹1 L/yr - ₹5 L/yr
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₹2 L/yr - ₹4 L/yr

Top skills at Kotak Mahindra Bank for Banker

Banking Sales
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Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 17 employees for salary & benefits

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

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2024

2.0
 for  Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

  • Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 Dec 2023

3.0
 for  Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

  • Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

read more
  • Skill development - Poor
  • +1 more
see more salary related reviews

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Kotak Mahindra Bank Banker Salary FAQs

What is the salary of Banker at Kotak Mahindra Bank?
Banker salary at Kotak Mahindra Bank in India ranges between ₹1.5 Lakhs to ₹6.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 25% less than the average Banker Salary in India. Salary estimates are based on 154 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Banker at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Banker at Kotak Mahindra Bank is 25% less than the average salary of a Banker in India. To know exact salary insights, login to view.
What are the top skills required to work as a Banker at Kotak Mahindra Bank?
Banking Sales is a popular skill required to work as a Banker at Kotak Mahindra Bank.
Which similar companies are paying more than Kotak Mahindra Bank to a Banker in India?
  • IDBI Bank Banker Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
  • State Bank of India Banker Salary - ₹7.0 Lakhs to ₹18.7 Lakhs per year
  • UCO Bank Banker Salary - ₹9.7 Lakhs to ₹13.0 Lakhs per year
  • Canara Bank Banker Salary - ₹4.1 Lakhs to ₹15.8 Lakhs per year
  • Union Bank of India Banker Salary - ₹4.3 Lakhs to ₹14.5 Lakhs per year
What is the salary of a Banker in companies similar to Kotak Mahindra Bank in India?
  • South Indian Bank Banker Salary - ₹3.0 Lakhs to ₹10.3 Lakhs per year
  • Federal Bank Banker Salary - ₹3.3 Lakhs to ₹11.5 Lakhs per year
  • Central Bank of India Banker Salary - ₹2.9 Lakhs to ₹8.0 Lakhs per year
  • Bank of Baroda Banker Salary - ₹1.5 Lakhs to ₹8.5 Lakhs per year
  • J&K Bank Banker Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Banker at Kotak Mahindra Bank in India?
The estimated take-home salary of a Banker at Kotak Mahindra Bank ranges between ₹26,054 per month to ₹27,477 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Banker salary in India which ranges between ₹1.5 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Banker at Kotak Mahindra Bank?
According to AmbitionBox, 47% of the Kotak Mahindra Bank Bankers reported a notice period of 3 Months, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 154 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Banker salary in India ranges between ₹1.5 Lakh to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 154 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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