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Kotak Mahindra Bank Business Analyst salaries in Pune (Updated 2025)

Annual salary range
1 - 10 years exp.
₹4.4 Lakhs - ₹16.6 Lakhs
Salary of majority employees
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5% less than the average Business Analyst Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

Data Science & Analytics
Business Analyst Salary
1 - 10 years exp. (20 salaries)
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₹4.8 L/yr - ₹14 L/yr

BFSI, Investments & Trading
Business Analyst Salary
3 - 10 years exp. (14 salaries)
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₹6.8 L/yr - ₹16.4 L/yr

IT & Information Security
Business Analyst Salary
3 - 10 years exp. (4 salaries)
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₹5.5 L/yr - ₹10.8 L/yr

Customer Success, Service & Operations
Business Analyst Salary
6 - 9 years exp. (3 salaries)
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₹6.5 L/yr - ₹10.1 L/yr

Product Management
Business Analyst Salary
5 - 6 years exp. (3 salaries)
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₹8 L/yr - ₹10.2 L/yr

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Last Updated: 1 Mar 2025

Companies similar to Kotak Mahindra Bank for Business Analyst in Pune

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Kotak Mahindra Bank Business Analyst Salary

1 - 10 years exp. (61 salaries)

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₹4.4 L/yr - ₹16.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Business Analyst Salary

0 - 12 years exp. (138 salaries)

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₹4.1 L/yr - ₹16.4 L/yr

arrow icon 3% more
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ICICI Bank Business Analyst Salary

0 - 11 years exp. (99 salaries)

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₹4 L/yr - ₹15.3 L/yr

arrow icon 3% less
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Axis Bank Business Analyst Salary

0 - 10 years exp. (79 salaries)

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₹4 L/yr - ₹13.4 L/yr

arrow icon 14% less
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State Bank of India Business Analyst Salary

5 - 11 years exp. (4 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 47% more
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Yes Bank Business Analyst Salary

1 - 11 years exp. (25 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 24% less
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IndusInd Bank Business Analyst Salary

2 - 13 years exp. (22 salaries)

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₹3.8 L/yr - ₹15.5 L/yr

arrow icon 4% less
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IDFC FIRST Bank Business Analyst Salary

2 - 10 years exp. (21 salaries)

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₹5 L/yr - ₹19.4 L/yr

arrow icon 13% more
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RBL Bank Business Analyst Salary

4 - 7 years exp. (13 salaries)

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₹5 L/yr - ₹14.4 L/yr

arrow icon 10% less
1 job opening
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Canara Bank Business Analyst Salary

6 - 14 years exp. (28 salaries)

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₹11 L/yr - ₹21 L/yr

arrow icon 72% more
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Bank of Baroda Business Analyst Salary

5 - 9 years exp. (8 salaries)

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₹5.9 L/yr - ₹14.3 L/yr

arrow icon 33% more
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₹7 L/yr - ₹24 L/yr

arrow icon 73% more
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Bandhan Bank Business Analyst Salary

2 - 12 years exp. (3 salaries)

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₹5.2 L/yr - ₹13 L/yr

arrow icon 5% less
Business Analyst salary at Kotak Mahindra Bank ranges between ₹4.4 Lakhs to ₹16.6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 61 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Business Analyst in Pune

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Experience wise Kotak Mahindra Bank Business Analyst salaries in Pune

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹5.5 L/yr - ₹15.9 L/yr
2 years (AmbitionBox Estimate)

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₹5 L/yr - ₹16.3 L/yr
3 years  (4 salaries)

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₹6 L/yr - ₹16.7 L/yr
4 years  (7 salaries)

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₹4 L/yr - ₹9.9 L/yr
5 years  (5 salaries)

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₹4.8 L/yr - ₹17.4 L/yr
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Kotak Mahindra Bank Business Analyst Salary and Career Growth

From

To

Business Analyst

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1 - 10 years exp.

Senior Vice President

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15 - 24 years exp.

Business Analyst

1 - 10 years exp.
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Senior Manager

1 - 19 years exp.
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arrow icon 17% hike

Associate Vice President

3 - 21 years exp.
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arrow icon 62% hike
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

Team Lead Salary
(16 salaries)
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₹2 L/yr - ₹6.5 L/yr
Data Analyst Salary
(6 salaries)
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₹5.5 L/yr - ₹12 L/yr
Data Scientist Salary
(3 salaries)
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₹13.75 L/yr - ₹21 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
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Salary related reviews for Kotak Mahindra Bank

2.7

Rated by 4 employees for salary & benefits

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.

read more
  • Salary - Bad

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

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

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

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
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Kotak Mahindra Bank Business Analyst Salary FAQs

What is the salary of Business Analyst at Kotak Mahindra Bank Pune?
Business Analyst salary at Kotak Mahindra Bank in Pune ranges between ₹4.4 Lakhs to ₹16.6 Lakhs for experience between 1 years to 10 years. According to our estimates it is 5% less than the average Business Analyst Salary in India. Salary estimates are based on 61 latest salaries received from various employees of Kotak Mahindra Bank Pune.
How does the salary of a Business Analyst at Kotak Mahindra Bank Pune compare with the average salary range for this job?
The average salary of a Business Analyst at Kotak Mahindra Bank is 5% less than the average salary of a Business Analyst in Pune. 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 Pune.
Which similar companies are paying more than Kotak Mahindra Bank to a Business Analyst in Pune?
  • HSBC Global Banking and Markets Business Analyst Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year
  • Canara Bank Business Analyst Salary - ₹11.0 Lakhs to ₹21.0 Lakhs per year
  • State Bank of India Business Analyst Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • Bank of Baroda Business Analyst Salary - ₹5.9 Lakhs to ₹14.3 Lakhs per year
  • IDFC FIRST Bank Business Analyst Salary - ₹5.0 Lakhs to ₹19.4 Lakhs per year
What is the salary of a Business Analyst in companies similar to Kotak Mahindra Bank in Pune?
  • HDFC Bank Business Analyst Salary - ₹4.1 Lakhs to ₹16.4 Lakhs per year
  • ICICI Bank Business Analyst Salary - ₹4.0 Lakhs to ₹15.3 Lakhs per year
  • IndusInd Bank Business Analyst Salary - ₹3.8 Lakhs to ₹15.5 Lakhs per year
  • Bandhan Bank Business Analyst Salary - ₹5.2 Lakhs to ₹13.0 Lakhs per year
  • RBL Bank Business Analyst Salary - ₹5.0 Lakhs to ₹14.4 Lakhs per year
What is the estimated take home salary of a Business Analyst at Kotak Mahindra Bank in Pune?
The estimated take-home salary of a Business Analyst at Kotak Mahindra Bank ranges between ₹70,759 per month to ₹72,580 per month in Pune. The take-home salary calculation is based on the average Kotak Mahindra Bank Business Analyst salary in India which ranges between ₹4.4 Lakhs to ₹16.6 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Business Analyst at Kotak Mahindra Bank in Pune?
According to AmbitionBox, 42% of the Kotak Mahindra Bank Business Analysts in Pune reported a notice period of 15 days or less, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Business Analyst salary in Pune ranges between ₹4.4 Lakhs to ₹16.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 61 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.