Kotak Mahindra Bank Chennai Banking Officer Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹1.6 Lakh - ₹4 Lakhs

Salary of majority employees

20% less than the average Banking Officer Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Banking Officer Salary 1 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3.8 L/yr
Customer Success, Service & Operations Banking Officer Salary 2 - 5 years exp. (4 salaries)	₹2.7 L/yr - ₹3.8 L/yr
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Finance & Accounting Banking Officer Salary 3 - 5 years exp. (3 salaries)	₹1.6 L/yr - ₹4 L/yr

Last Updated: 21 Dec 2024

Companies similar to Kotak Mahindra Bank for Banking Officer in Chennai

Kotak Mahindra Bank Banking Officer Salary

1 - 5 years exp. (16 salaries)

₹1.6 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Banking Officer Salary 0 - 9 years exp. (70 salaries)	₹1.1 L/yr - ₹5.3 L/yr 2% less
ICICI Bank Banking Officer Salary 0 - 6 years exp. (65 salaries)	₹1.4 L/yr - ₹5.5 L/yr 8% more
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Axis Bank Banking Officer Salary 0 - 6 years exp. (28 salaries)	₹1.3 L/yr - ₹5.6 L/yr 1% more
State Bank of India Banking Officer Salary 1 - 8 years exp. (4 salaries)	₹2.7 L/yr - ₹12 L/yr 151% more
IndusInd Bank Banking Officer Salary 1 - 7 years exp. (26 salaries)	₹1.6 L/yr - ₹5.5 L/yr 1% less
Yes Bank Banking Officer Salary 0 - 6 years exp. (34 salaries)	₹1.2 L/yr - ₹3.5 L/yr 7% less
IDFC FIRST Bank Banking Officer Salary 0 - 6 years exp. (72 salaries)	₹2.3 L/yr - ₹5.3 L/yr 12% more	1 job opening
RBL Bank Banking Officer Salary 2 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹3.5 L/yr 3% less
City Union Bank Banking Officer Salary 1 - 7 years exp. (38 salaries)	₹3 L/yr - ₹6.5 L/yr 56% more
Jana Small Finance Bank Banking Officer Salary 1 - 5 years exp. (6 salaries)	₹1.5 L/yr - ₹3.6 L/yr 29% less
Bank of Baroda Banking Officer Salary 3 - 11 years exp. (3 salaries)	₹3 L/yr - ₹10.5 L/yr 141% more
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Banking Officer salary at Kotak Mahindra Bank ranges between ₹1.6 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Banking Officer salaries in Chennai

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
2 years (4 salaries)	₹2.2 L/yr - ₹3 L/yr
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3 years (4 salaries)	₹2.3 L/yr - ₹4 L/yr
4 years (4 salaries)	₹1.6 L/yr - ₹3.8 L/yr
5 years (3 salaries)	₹2.5 L/yr - ₹3.8 L/yr

From

Banking Officer

1 - 6 years exp.

Deputy Manager

₹

Lakhs/yr

0 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(663 salaries)

₹1.8 L/yr - ₹8 L/yr

Team Lead Salary

(16 salaries)

₹2 L/yr - ₹6.75 L/yr

Senior Associate Salary

(13 salaries)

₹1.6 L/yr - ₹3.15 L/yr

Finance Executive Salary

(13 salaries)

₹1.5 L/yr - ₹3 L/yr

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 2 employees for salary & benefits

Banking Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 26 May 2023

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

There is no change in salary even after being promoted… work gets increased but pay is the same… we have to do operations and sales both simultaneously but still no change in salary… it seems as if no work is there…everything is auditable and job security is null but we give daily productivity in that time only still on the basis of ratings salary is dealt… I have tried my best in sales and ops but my Bm gave me 2 star and everything went in vain… then what is the meaning of performing best… And 1st they will hire you and after they will treat you like robot..they don't pay any salary any pramotions...even they don't give you any single holiday..

Work-life balance - Poor

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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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Banking Officer Salary FAQs

What is the salary of Banking Officer at Kotak Mahindra Bank Chennai?

Banking Officer salary at Kotak Mahindra Bank in Chennai ranges between ₹1.6 Lakhs to ₹4.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 20% less than the average Banking Officer Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

How does the salary of a Banking Officer at Kotak Mahindra Bank Chennai compare with the average salary range for this job?

The average salary of a Banking Officer at Kotak Mahindra Bank is 20% less than the average salary of a Banking Officer in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Banking Officer in Chennai?

State Bank of India Banking Officer Salary - ₹2.7 Lakhs to ₹12.0 Lakhs per year
Bank of Baroda Banking Officer Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
City Union Bank Banking Officer Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
IDFC FIRST Bank Banking Officer Salary - ₹2.3 Lakhs to ₹5.3 Lakhs per year
ICICI Bank Banking Officer Salary - ₹1.4 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Banking Officer in companies similar to Kotak Mahindra Bank in Chennai?

Axis Bank Banking Officer Salary - ₹1.3 Lakhs to ₹5.6 Lakhs per year
IndusInd Bank Banking Officer Salary - ₹1.6 Lakhs to ₹5.5 Lakhs per year
HDFC Bank Banking Officer Salary - ₹1.1 Lakhs to ₹5.3 Lakhs per year
RBL Bank Banking Officer Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
Yes Bank Banking Officer Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Banking Officer at Kotak Mahindra Bank in Chennai?

The estimated take-home salary of a Banking Officer at Kotak Mahindra Bank ranges between ₹23,164 per month to ₹24,631 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Banking Officer salary in India which ranges between ₹1.6 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Banking Officer at Kotak Mahindra Bank in Chennai?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Banking Officers in Chennai reported a notice period of 3 Months, 21% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Banking Officer Salaries in Chennai

Kotak Mahindra Bank Banking Officer salary in Chennai ranges between ₹1.6 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Banking Officer salaries in Chennai

Companies similar to Kotak Mahindra Bank for Banking Officer in Chennai

Latest annual salaries shared by Kotak Mahindra Bank Banking Officer in Chennai

Experience wise Kotak Mahindra Bank Banking Officer salaries in Chennai

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Banking Officer in New Delhi

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Banking Officer Salary FAQs

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