Kotak Mahindra Bank BDM Salaries by 3 Employees (Updated 2025)

0 - 10 years exp.

₹3 Lakhs - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

41% less than the average BDM Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading BDM Salary Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Sales & Business Development BDM Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 22 Jun 2023

Companies similar to Kotak Mahindra Bank for BDM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank BDM Salary 0 - 6 years exp. (10 salaries)	₹3 L/yr - ₹3.5 L/yr 10% more
ICICI Bank BDM Salary 3 - 7 years exp. (4 salaries)	₹1.5 L/yr - ₹6.5 L/yr 9% more
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Axis Bank BDM Salary 2 - 6 years exp. (10 salaries)	₹2.4 L/yr - ₹4.3 L/yr 3% more
State Bank of India BDM Salary 1 - 10 years exp. (6 salaries)	₹3.2 L/yr - ₹5 L/yr 30% more
IndusInd Bank BDM Salary 0 - 7 years exp. (138 salaries)	₹1.8 L/yr - ₹5 L/yr 5% more
IDFC FIRST Bank BDM Salary 3 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹3.5 L/yr 8% less
Bank of Baroda BDM Salary 1 - 6 years exp. (5 salaries)	₹2.6 L/yr - ₹4.9 L/yr 10% more
Karur Vysya Bank BDM Salary 5 - 6 years exp. (4 salaries)	₹4.8 L/yr - ₹6 L/yr 59% more
City Union Bank BDM Salary 8 - 11 years exp. (4 salaries)	₹8.5 L/yr - ₹11 L/yr 209% more

BDM salary at Kotak Mahindra Bank ranges between ₹3 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank BDM salaries

Last Updated: 22 Jun 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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10 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹1.88 L/yr - ₹6.5 L/yr

Product Manager Salary

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₹6.5 L/yr - ₹25 L/yr

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Business Analyst Salary

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₹4.8 L/yr - ₹19 L/yr

Salary related reviews for Kotak Mahindra Bank

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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

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

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank BDM Salary FAQs

What is the notice period for BDM at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank BDMs reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank BDM Salaries

Kotak Mahindra Bank BDM salary in India ranges between ₹3 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.