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Kotak Mahindra Bank Salaries in Bhiwandi

based on 1 latest salaries
Designation Avg Annual Salary Open Jobs
3 years exp. · Bhiwandi (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Last Updated: 16 Mar, 2023

Salary related reviews for Kotak Mahindra Bank

3.3

Rated by 7 employees for salary & benefits

BFSI, Investments & Trading Department

2.0
  •  posted on 07 May 2021

1.0
 for  Salary and Benefits

Likes

The wrost experience of my life to working with that company... I really guide to my frends to don't work with kotak if you not in upper level.

read more

Dislikes

...re saying he want business you do what u think I don't know but I need business. Everybody are known that in this situation are very critical they stop my salary in this situation.4 month they told me if didn't do higher life insurance I will put u in PIP .....means u are terminated..that are I facing problem I was told with my HR and senior also but all they not helpd wrost job ....

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 08 Feb 2025

3.0
 for  Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

  • Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

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  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 27 Dec 2024

2.0
 for  Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Dec 2024

4.0
 for  Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

read more
  • Salary - Good
  • +1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

read more
  • Job security - Bad
  • +2 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more
  • Salary - Good
  • +1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

read more
  • Skill development - Bad
  • +3 more
see more salary related reviews

Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay to its employees?
The average annual salary at Kotak Mahindra Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Kotak Mahindra Bank, are as follows:

Verification Officer ₹2.9 Lakhs to ₹3.7 Lakhs per year

The highest-paying role, Executive Vice President, earns between ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14.2 Lakhs per year, and the top 1% earn over ₹38 Lakhs per year. 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 salary estimates are based on data from 1 salaries submitted by Kotak Mahindra Bank employees. Kotak Mahindra Bank is rated 3.3 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Kotak Mahindra Bank in Bhiwandi?
The salary of a fresher at Kotak Mahindra Bank in Bhiwandi typically ranges from ₹1 Lakh to ₹17 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Deputy Manager Salary ₹2 Lakhs to ₹7 Lakhs per year
Fresher as a Relationship Manager Salary ₹1.8 Lakhs to ₹9 Lakhs per year
Fresher as a Junior Associate Salary ₹1 Lakhs to ₹3.1 Lakhs per year
Fresher as a Assistant Acquisition Manager Salary ₹1.7 Lakhs to ₹3.5 Lakhs per year

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