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Kotak Mahindra Bank

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3.7

based on 17.6k Reviews

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Kotak Mahindra Bank Banking Assistant salaries in Bangalore / Bengaluru

Annual salary range
1 - 4 years exp.
₹2 Lakhs - ₹3.6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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7% more than the average Banking Assistant Salary in Banking Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 11 Aug 2023

Companies similar to Kotak Mahindra Bank for Banking Assistant in Bangalore / Bengaluru

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Kotak Mahindra Bank Banking Assistant Salary

1 - 4 years exp. (6 salaries)
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₹2 L/yr - ₹3.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Banking Assistant Salary

1 - 5 years exp. (3 salaries)
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₹2 L/yr - ₹3 L/yr

arrow icon 22% less
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State Bank of India Banking Assistant Salary

1 - 7 years exp. (4 salaries)
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₹1.2 L/yr - ₹7 L/yr

arrow icon 16% less
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The Co-operative Bank Banking Assistant Salary

2 - 9 years exp. (4 salaries)
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₹1.8 L/yr - ₹5 L/yr

arrow icon 13% more
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Concentrix Corporation Banking Assistant Salary

1 - 3 years exp. (4 salaries)
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₹2 L/yr - ₹3.5 L/yr

arrow icon 14% less
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SLK Global Services Banking Assistant Salary

0 - 2 years exp. (4 salaries)
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₹2.4 L/yr - ₹2.6 L/yr

arrow icon 21% less
Banking Assistant salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Banking Assistant in Bangalore / Bengaluru

1y ago
₹3.5 Lakhs
2 years exp.

Experience wise Kotak Mahindra Bank Banking Assistant salaries in Bangalore / Bengaluru

Last Updated: 11 Aug 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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

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₹2.8 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Team Lead Salary
(48 salaries)
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₹1.7 L/yr - ₹8.5 L/yr
Process Associate Salary
(19 salaries)
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₹1.2 L/yr - ₹3.3 L/yr
Management Trainee Salary
(12 salaries)
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₹4.15 L/yr - ₹15 L/yr
Finance Executive Salary
(10 salaries)
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₹1.8 L/yr - ₹3.1 L/yr
Senior Associate Salary
(9 salaries)
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₹2 L/yr - ₹4 L/yr
Accountant Salary
(5 salaries)
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₹2 L/yr - ₹3.15 L/yr
Analyst Salary
(4 salaries)
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₹3 L/yr - ₹7 L/yr
Financial Analyst Salary
(4 salaries)
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₹0.9 L/yr - ₹5.93 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

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.

read more
  • 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.

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

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.

read more
  • 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.

read more
  • Skill development - Poor
    • +1 more

Deputy Manager in Thane

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Nov 2023
2.0
 for  Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

read more
  • Salary - Poor
    • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

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a manager
1w
Ambiguity in JOB offer.
I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.
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More about working at Kotak Mahindra Bank
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Kotak Mahindra Bank Banking Assistant Salary FAQs

What is the salary of Banking Assistant at Kotak Mahindra Bank in Bangalore / Bengaluru?
The average salary of a Banking Assistant at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹2.0 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Banking Assistant in Bangalore / Bengaluru at Kotak Mahindra Bank earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Banking Assistant 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 6 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Banking Assistant at Kotak Mahindra Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Banking Assistant at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹22,776 to ₹24,248 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 4 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 6 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 Banking Assistant in India?
The Co-operative Bank ₹1.8 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 Banking Assistant in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?
The salary of a Banking Assistant at companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Concentrix Corporation ₹2.0 Lakhs to ₹3.5 Lakhs per year
State Bank of India ₹1.2 Lakhs to ₹7.0 Lakhs per year
SLK Global Services ₹2.4 Lakhs to ₹2.6 Lakhs per year
HDFC Bank ₹2.0 Lakhs to ₹3.0 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 Banking Assistant at Kotak Mahindra Bank in Bangalore / Bengaluru?
The salary growth for a Banking Assistant at Kotak Mahindra Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Banking Assistant in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
1 year ₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
3 years ₹2.8 Lakhs to ₹3.6 Lakhs per year
4 years ₹2.9 Lakhs to ₹3.7 Lakhs per year
and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Banking Assistant salary in Bangalore / Bengaluru ranges between ₹2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.