Kotak Mahindra Bank Bangalore / Bengaluru Business Analyst Salaries by 30+ Employees (Updated 2025)

1 - 11 years exp.

₹4.9 Lakhs - ₹20.7 Lakhs

Salary of majority employees

Fixed (100%)

₹11.8 Lakhs

Variable (0%)

₹0.0

14% more than the average Business Analyst Salary in Banking Companies for 1 - 11 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 1 - 11 years exp. (19 salaries)	₹5 L/yr - ₹20.8 L/yr
BFSI, Investments & Trading Business Analyst Salary 1 - 11 years exp. (4 salaries)	₹7.1 L/yr - ₹12 L/yr
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Customer Success, Service & Operations Business Analyst Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.2 L/yr
Engineering - Software & QA Business Analyst Salary 4 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹12.8 L/yr
Finance & Accounting Business Analyst Salary 5 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹12 L/yr

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Last Updated: 14 Feb 2025

Companies similar to Kotak Mahindra Bank for Business Analyst in Bangalore / Bengaluru

Kotak Mahindra Bank Business Analyst Salary

1 - 11 years exp. (36 salaries)

₹4.9 L/yr - ₹20.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Analyst Salary 0 - 12 years exp. (52 salaries)	₹4.5 L/yr - ₹18 L/yr 14% less
ICICI Bank Business Analyst Salary 1 - 12 years exp. (49 salaries)	₹4.1 L/yr - ₹13.4 L/yr 21% less
Login to view exact salary
Axis Bank Business Analyst Salary 1 - 10 years exp. (85 salaries)	₹4.5 L/yr - ₹17.3 L/yr 9% less
State Bank of India Business Analyst Salary 5 - 11 years exp. (12 salaries)	₹9 L/yr - ₹26 L/yr 41% more
Yes Bank Business Analyst Salary 2 - 11 years exp. (12 salaries)	₹5.3 L/yr - ₹14.2 L/yr 24% less
IndusInd Bank Business Analyst Salary 2 - 10 years exp. (17 salaries)	₹6.5 L/yr - ₹16 L/yr 20% less
IDFC FIRST Bank Business Analyst Salary 2 - 10 years exp. (17 salaries)	₹5.7 L/yr - ₹24.5 L/yr 17% more
Federal Bank Business Analyst Salary 1 - 7 years exp. (5 salaries)	₹10 L/yr - ₹14.5 L/yr 8% more
RBL Bank Business Analyst Salary 4 - 6 years exp. (5 salaries)	₹5 L/yr - ₹9.3 L/yr 34% less
Ujjivan Small Finance Bank Business Analyst Salary 1 - 9 years exp. (71 salaries)	₹6.3 L/yr - ₹19.8 L/yr 6% less
Jana Small Finance Bank Business Analyst Salary 0 - 7 years exp. (12 salaries)	₹5 L/yr - ₹10.8 L/yr 20% less
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IDBI Bank Business Analyst Salary 5 - 12 years exp. (8 salaries)	₹15.3 L/yr - ₹22 L/yr 56% more
HSBC Global Banking and Markets Business Analyst Salary 1 - 10 years exp. (8 salaries)	₹8.5 L/yr - ₹18.5 L/yr 21% more
Karur Vysya Bank Business Analyst Salary 8 - 12 years exp. (5 salaries)	₹10.7 L/yr - ₹13 L/yr 6% less
Bank of Baroda Business Analyst Salary 5 - 10 years exp. (4 salaries)	₹5.6 L/yr - ₹22 L/yr 15% more
Canara Bank Business Analyst Salary 6 - 9 years exp. (3 salaries)	₹14 L/yr - ₹17 L/yr 24% more

Business Analyst salary at Kotak Mahindra Bank ranges between ₹4.9 Lakhs to ₹20.7 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 36 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Business Analyst salaries in Bangalore / Bengaluru

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7.1 L/yr - ₹12 L/yr
2 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹19.5 L/yr
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3 years (3 salaries)	₹7 L/yr - ₹18 L/yr
4 years (6 salaries)	₹4.8 L/yr - ₹20 L/yr
5 years (6 salaries)	₹5.9 L/yr - ₹18 L/yr
6 years (6 salaries)	₹5.5 L/yr - ₹19 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹21.7 L/yr
8 years (5 salaries)	₹5.3 L/yr - ₹17 L/yr
9 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹22.6 L/yr
10 years (3 salaries)	₹11 L/yr - ₹21.5 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹23.5 L/yr

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From

Business Analyst

₹

Lakhs/yr

1 - 11 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 23 years exp.

Business Analyst 1 - 11 years exp.

Senior Manager 1 - 18 years exp.

19% hike

Associate Vice President 3 - 21 years exp.

61% hike

Similar Designation salaries in Kotak Mahindra Bank

Team Lead Salary

(48 salaries)

₹1.7 L/yr - ₹8.5 L/yr

Data Analyst Salary

(17 salaries)

₹4.25 L/yr - ₹11 L/yr

Data Scientist Salary

(13 salaries)

₹6 L/yr - ₹24 L/yr

Senior Analyst Salary

(4 salaries)

₹4.3 L/yr - ₹11 L/yr

Analyst Salary

(4 salaries)

₹3 L/yr - ₹8.95 L/yr

Top skills at Kotak Mahindra Bank for Business Analyst

Business Analysis Requirement Gathering Ca UAT Variance Analysis R Chartered Accountant System Design Project Development Deep Learning Excel User Acceptance Testing Project Planning SAS Segmentation

Salary related reviews for Kotak Mahindra Bank

1.6

Rated by 2 employees for salary & benefits

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

Skill development - Good

+2 more

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.

Salary - Bad

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 Business Analyst Salary FAQs

What is the salary of Business Analyst at Kotak Mahindra Bank Bangalore / Bengaluru?

Business Analyst salary at Kotak Mahindra Bank in Bangalore / Bengaluru ranges between ₹4.9 Lakhs to ₹20.7 Lakhs for experience between 1 years to 11 years. According to our estimates it is 14% more than the average Business Analyst Salary in India. Salary estimates are based on 36 latest salaries received from various employees of Kotak Mahindra Bank Bangalore / Bengaluru.

How does the salary of a Business Analyst at Kotak Mahindra Bank Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Business Analyst at Kotak Mahindra Bank is 14% more than the average salary of a Business Analyst in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Business Analyst at Kotak Mahindra Bank?

Business Analysis, Requirement Gathering, Ca, UAT and Variance Analysis are some of the popular skills required to work as a Business Analyst at Kotak Mahindra Bank Bangalore / Bengaluru.

Which similar companies are paying more than Kotak Mahindra Bank to a Business Analyst in Bangalore / Bengaluru?

IDBI Bank Business Analyst Salary - ₹15.3 Lakhs to ₹22.0 Lakhs per year
State Bank of India Business Analyst Salary - ₹9.0 Lakhs to ₹26.0 Lakhs per year
Canara Bank Business Analyst Salary - ₹14.0 Lakhs to ₹17.0 Lakhs per year
HSBC Global Banking and Markets Business Analyst Salary - ₹8.5 Lakhs to ₹18.5 Lakhs per year
IDFC FIRST Bank Business Analyst Salary - ₹5.7 Lakhs to ₹24.5 Lakhs per year

What is the salary of a Business Analyst in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?

Bank of Baroda Business Analyst Salary - ₹5.6 Lakhs to ₹22.0 Lakhs per year
Federal Bank Business Analyst Salary - ₹10.0 Lakhs to ₹14.5 Lakhs per year
Ujjivan Small Finance Bank Business Analyst Salary - ₹6.3 Lakhs to ₹19.8 Lakhs per year
Karur Vysya Bank Business Analyst Salary - ₹10.7 Lakhs to ₹13.0 Lakhs per year
Axis Bank Business Analyst Salary - ₹4.5 Lakhs to ₹17.3 Lakhs per year

What is the estimated take home salary of a Business Analyst at Kotak Mahindra Bank in Bangalore / Bengaluru?

The estimated take-home salary of a Business Analyst at Kotak Mahindra Bank ranges between ₹84,113 per month to ₹86,312 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Kotak Mahindra Bank Business Analyst salary in India which ranges between ₹4.9 Lakhs to ₹20.7 Lakhs per year for employees with experience between 1 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at Kotak Mahindra Bank in Bangalore / Bengaluru?

According to AmbitionBox, 33% of the Kotak Mahindra Bank Business Analysts in Bangalore / Bengaluru reported a notice period of 1 Month, 28% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Business Analyst Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank Business Analyst salary in Bangalore / Bengaluru ranges between ₹4.9 Lakhs to ₹20.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 36 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Business Analyst salaries in Bangalore / Bengaluru

Companies similar to Kotak Mahindra Bank for Business Analyst in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Mahindra Bank Business Analyst in Bangalore / Bengaluru

Experience wise Kotak Mahindra Bank Business Analyst salaries in Bangalore / Bengaluru

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Business Analyst

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Business Analyst Salary FAQs

Tell us how to improve this page.