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Kotak Mahindra Bank Banker salaries in Ahmedabad

Annual salary range
0 - 8 years exp.
₹2 Lakhs - ₹3.2 Lakhs
Salary of majority employees
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32% less than the average Banker Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Banker Salary
Fresher (AmbitionBox Estimate)
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₹2 L/yr - ₹3.7 L/yr

Finance & Accounting
Banker Salary
8 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.7 L/yr

Last Updated: 30 Oct 2024

Companies similar to Kotak Mahindra Bank for Banker in Ahmedabad

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Kotak Mahindra Bank Banker Salary

0 - 8 years exp. (9 salaries)

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₹2 L/yr - ₹3.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Banker Salary

0 - 6 years exp. (7 salaries)

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₹1.8 L/yr - ₹5.5 L/yr

arrow icon 14% more
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Axis Bank Banker Salary

0 - 3 years exp. (4 salaries)

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₹1.4 L/yr - ₹4 L/yr

arrow icon 14% more
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State Bank of India Banker Salary

2 - 10 years exp. (4 salaries)

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₹5.5 L/yr - ₹15 L/yr

arrow icon 273% more
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Yes Bank Banker Salary

1 - 7 years exp. (4 salaries)

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₹3 L/yr - ₹4.4 L/yr

arrow icon 29% more
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IDFC FIRST Bank Banker Salary

1 - 5 years exp. (6 salaries)

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₹2.4 L/yr - ₹4.5 L/yr

arrow icon 31% more
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Bandhan Bank Banker Salary

0 - 7 years exp. (3 salaries)

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₹2 L/yr - ₹4.7 L/yr

arrow icon 3% more
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Bank of Baroda Banker Salary

2 - 10 years exp. (4 salaries)

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₹3 L/yr - ₹10.2 L/yr

arrow icon 150% more
Banker salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Banker in Ahmedabad

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Experience wise Kotak Mahindra Bank Banker salaries in Ahmedabad

Last Updated: 30 Oct 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹4.7 L/yr
1 year  (3 salaries)

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₹2.4 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.2 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(404 salaries)
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₹2.05 L/yr - ₹7.8 L/yr
Sales Executive Salary
(51 salaries)
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₹1.5 L/yr - ₹4.5 L/yr
Branch Manager Salary
(45 salaries)
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₹6.96 L/yr - ₹21 L/yr
Sales Manager Salary
(42 salaries)
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₹2.4 L/yr - ₹9.5 L/yr
Team Lead Salary
(6 salaries)
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₹2 L/yr - ₹5 L/yr

Top skills at Kotak Mahindra Bank for Banker

Banking Sales

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 2 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

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

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.

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Dislikes

Salary, promortion - these are the worst over here.

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.

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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.

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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.

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.

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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.

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.

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Kotak Mahindra Bank Banker Salary FAQs

What is the salary of Banker at Kotak Mahindra Bank Ahmedabad?
Banker salary at Kotak Mahindra Bank in Ahmedabad ranges between ₹2.0 Lakhs to ₹3.2 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 32% less than the average Banker Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank Ahmedabad.
How does the salary of a Banker at Kotak Mahindra Bank Ahmedabad compare with the average salary range for this job?
The average salary of a Banker at Kotak Mahindra Bank is 32% less than the average salary of a Banker in Ahmedabad. 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 Ahmedabad?
  • State Bank of India Banker Salary - ₹5.5 Lakhs to ₹15.0 Lakhs per year
  • Bank of Baroda Banker Salary - ₹3.0 Lakhs to ₹10.2 Lakhs per year
  • IDFC FIRST Bank Banker Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year
  • Yes Bank Banker Salary - ₹3.0 Lakhs to ₹4.4 Lakhs per year
  • HDFC Bank Banker Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year
What is the salary of a Banker in companies similar to Kotak Mahindra Bank in Ahmedabad?
  • Axis Bank Banker Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
  • Bandhan Bank Banker Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year
What is the estimated take home salary of a Banker at Kotak Mahindra Bank in Ahmedabad?
The estimated take-home salary of a Banker at Kotak Mahindra Bank ranges between ₹22,746 per month to ₹24,219 per month in Ahmedabad. The take-home salary calculation is based on the average Kotak Mahindra Bank Banker salary in India which ranges between ₹2.0 Lakhs to ₹3.2 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 in Ahmedabad?
According to AmbitionBox, 44% of the Kotak Mahindra Bank Bankers in Ahmedabad reported a notice period of 3 Months, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Banker salary in Ahmedabad ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.