Kotak Mahindra Bank Business Development Associate Salaries by 4 Employees (Updated 2025)

0 - 3 years exp.

₹2.1 Lakhs - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

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50% less than the average Business Development Associate Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

Sales & Business Development Business Development Associate Salary 0 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹4.4 L/yr
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Finance & Accounting Business Development Associate Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 8 May 2023

Companies similar to Kotak Mahindra Bank for Business Development Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Development Associate Salary 2 - 3 years exp. (3 salaries)	Unlock ₹2 L/yr - ₹3.5 L/yr 22% more
ICICI Bank Business Development Associate Salary 0 - 5 years exp. (6 salaries)	Unlock ₹1.7 L/yr - ₹5.5 L/yr 26% more
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Axis Bank Business Development Associate Salary 0 - 3 years exp. (49 salaries)	Unlock ₹2 L/yr - ₹4.1 L/yr 1% less
State Bank of India Business Development Associate Salary 0 - 6 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 1% more
IndusInd Bank Business Development Associate Salary 1 - 4 years exp. (4 salaries)	Unlock ₹2.7 L/yr - ₹4.6 L/yr 33% more
IDFC FIRST Bank Business Development Associate Salary 2 - 6 years exp. (6 salaries)	Unlock ₹1.7 L/yr - ₹3 L/yr 30% less
Karur Vysya Bank Business Development Associate Salary 1 - 4 years exp. (115 salaries)	Unlock ₹1.8 L/yr - ₹3.6 L/yr 2% more
IDBI Bank Business Development Associate Salary 3 - 9 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹3.6 L/yr 20% more
Bank of Baroda Business Development Associate Salary 0 - 8 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹9 L/yr 134% more
Jana Small Finance Bank Business Development Associate Salary 0 - 3 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹4.2 L/yr 4% more
Paytm Payments Bank Business Development Associate Salary 3 - 5 years exp. (4 salaries)	Unlock ₹2.1 L/yr - ₹5.5 L/yr 45% more
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Business Development Associate salary at Kotak Mahindra Bank ranges between ₹2.1 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Business Development Associate salaries

Last Updated: 8 May 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹5.1 L/yr

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Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

Sales Executive in Pune

Full Time

Finance & Accounting Department

5.0

• posted on 25 Sep 2023

3.0

for Salary and Benefits

Likes

Kotak is the best work place for freshers or experience persons .good culture. I say that bcoz of I had experienced.

Job security - Good

+2 more

Dislikes

But we need to focus employee salary package. I say that bcoz I have 18000 in hand salary package monthly. I can't survive in this fast growing city. Don't take it personal that is my honest review😊

Promotions - Poor

Team Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Job security - Excellent

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

Salary - Poor

+1 more

Sales Executive in Hyderabad / Secunderabad

Full Time

Himayatnagar Department

5.0

• posted on 16 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. teammates are supportive and the management is transparent. there is a huge cafeteria and gaming arcade for chilling. Company policies are good,

Salary - Excellent

+6 more

Dislikes

Salary is decent but career growth is full . There is a brand of 2 years before which you connot resign. On the job training is not giving to new joinees. there is lost of politics and the management doesn't address our issues.

Sales Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 07 Jan 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.

Sales Executive in Noida Sector 3

Full Time

Other Department

1.0

• posted on 24 Jul 2023

2.0

for Salary and Benefits

Likes

Salary comes on time

Dislikes

...od. People including seniors and colleagues don't know how to talk with respect. If you take leave your salary will be deducted. Partial behaviour of seniors. Seniors don't support. I will never recommend anyone to work in kotak mahindra bank.

Salary - Poor

+6 more

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Kotak Mahindra Bank Business Development Associate Salary FAQs

What is the salary of Business Development Associate at Kotak Mahindra Bank?

Business Development Associate salary at Kotak Mahindra Bank in India ranges between ₹2.1 Lakhs to ₹4.4 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 50% less than the average Business Development Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Business Development Associate at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Business Development Associate at Kotak Mahindra Bank is 50% less than the average salary of a Business Development Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Business Development Associate in India?

Bank of Baroda Business Development Associate Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
Paytm Payments Bank Business Development Associate Salary - ₹2.1 Lakhs to ₹5.5 Lakhs per year
IndusInd Bank Business Development Associate Salary - ₹2.7 Lakhs to ₹4.6 Lakhs per year
ICICI Bank Business Development Associate Salary - ₹1.7 Lakhs to ₹5.5 Lakhs per year
HDFC Bank Business Development Associate Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Business Development Associate in companies similar to Kotak Mahindra Bank in India?

IDBI Bank Business Development Associate Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
Jana Small Finance Bank Business Development Associate Salary - ₹2.2 Lakhs to ₹4.2 Lakhs per year
Karur Vysya Bank Business Development Associate Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
State Bank of India Business Development Associate Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Axis Bank Business Development Associate Salary - ₹2.0 Lakhs to ₹4.1 Lakhs per year

What is the estimated take home salary of a Business Development Associate at Kotak Mahindra Bank in India?

The estimated take-home salary of a Business Development Associate at Kotak Mahindra Bank ranges between ₹19,892 per month to ₹21,556 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Business Development Associate salary in India which ranges between ₹2.1 Lakhs to ₹4.4 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Business Development Associate at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Business Development Associates reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Business Development Associate Salaries

Kotak Mahindra Bank Business Development Associate salary in India ranges between ₹2.1 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.