Kotak Mahindra Bank Kolkata Banker Salaries by 6 Employees (Updated 2025)

1 - 6 years exp.

₹2.6 Lakhs - ₹5 Lakhs

Salary of majority employees

21% less than the average Banker Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations Banker Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Sales & Business Development Banker Salary 1 year exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹4.3 L/yr

Last Updated: 24 Nov 2024

Companies similar to Kotak Mahindra Bank for Banker in Kolkata

Kotak Mahindra Bank Banker Salary

1 - 6 years exp. (6 salaries)

₹2.6 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Banker Salary 0 - 6 years exp. (15 salaries)	₹1.5 L/yr - ₹6 L/yr At par
ICICI Bank Banker Salary 1 - 8 years exp. (16 salaries)	₹1.8 L/yr - ₹5.4 L/yr 11% more
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Axis Bank Banker Salary 0 - 7 years exp. (11 salaries)	₹1.7 L/yr - ₹4.9 L/yr 3% more
State Bank of India Banker Salary 4 - 11 years exp. (3 salaries)	₹6.4 L/yr - ₹15 L/yr 173% more
IndusInd Bank Banker Salary 1 - 8 years exp. (9 salaries)	₹2.1 L/yr - ₹5.7 L/yr 11% more
Yes Bank Banker Salary 0 - 2 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 11% more
IDFC FIRST Bank Banker Salary 1 - 5 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr 11% more	1 job opening
Bandhan Bank Banker Salary 0 - 7 years exp. (29 salaries)	₹1.2 L/yr - ₹5 L/yr 18% less
IDBI Bank Banker Salary 4 - 16 years exp. (5 salaries)	₹9 L/yr - ₹24 L/yr 325% more
Jana Small Finance Bank Banker Salary 1 - 9 years exp. (4 salaries)	₹1.8 L/yr - ₹3.6 L/yr 15% less
South Indian Bank Banker Salary 6 - 9 years exp. (3 salaries)	₹5 L/yr - ₹8.3 L/yr 99% more
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Bank of Baroda Banker Salary 4 - 8 years exp. (3 salaries)	₹1.6 L/yr - ₹10 L/yr 60% more
Ujjivan Small Finance Bank Banker Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹2.6 L/yr 30% less

Banker salary at Kotak Mahindra Bank ranges between ₹2.6 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Banker salaries in Kolkata

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹5.9 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.2 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(484 salaries)

₹2.1 L/yr - ₹7 L/yr

Branch Manager Salary

(65 salaries)

₹8.5 L/yr - ₹22 L/yr

Sales Executive Salary

(49 salaries)

₹2 L/yr - ₹3.2 L/yr

Sales Manager Salary

(49 salaries)

₹1.82 L/yr - ₹10 L/yr

Team Lead Salary

(8 salaries)

₹2 L/yr - ₹8.03 L/yr

Top skills at Kotak Mahindra Bank for Banker

Banking Sales

Salary related reviews for Kotak Mahindra Bank

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

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

Deputy Manager in Kolkata

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.

Salary - Poor

+4 more

Deputy Manager in Mumbai

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.

Skill development - Poor

+1 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 Banker Salary FAQs

What is the salary of Banker at Kotak Mahindra Bank Kolkata?

Banker salary at Kotak Mahindra Bank in Kolkata ranges between ₹2.6 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 21% less than the average Banker Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank Kolkata.

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

The average salary of a Banker at Kotak Mahindra Bank is 21% less than the average salary of a Banker in Kolkata. 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 Kolkata?

IDBI Bank Banker Salary - ₹9.0 Lakhs to ₹24.0 Lakhs per year
State Bank of India Banker Salary - ₹6.4 Lakhs to ₹15.0 Lakhs per year
South Indian Bank Banker Salary - ₹5.0 Lakhs to ₹8.3 Lakhs per year
Bank of Baroda Banker Salary - ₹1.6 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank Banker Salary - ₹3.4 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Banker in companies similar to Kotak Mahindra Bank in Kolkata?

Yes Bank Banker Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
IndusInd Bank Banker Salary - ₹2.1 Lakhs to ₹5.7 Lakhs per year
ICICI Bank Banker Salary - ₹1.8 Lakhs to ₹5.4 Lakhs per year
Axis Bank Banker Salary - ₹1.7 Lakhs to ₹4.9 Lakhs per year
HDFC Bank Banker Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Banker at Kotak Mahindra Bank in Kolkata?

The estimated take-home salary of a Banker at Kotak Mahindra Bank ranges between ₹27,034 per month to ₹28,442 per month in Kolkata. The take-home salary calculation is based on the average Kotak Mahindra Bank Banker salary in India which ranges between ₹2.6 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Banker at Kotak Mahindra Bank in Kolkata?

According to AmbitionBox, 60% of the Kotak Mahindra Bank Bankers in Kolkata reported a notice period of 1 Month, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Banker Salaries in Kolkata

Kotak Mahindra Bank Banker salary in Kolkata ranges between ₹2.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.