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Kotak Mahindra Bank Business Executive salaries in India

Annual salary range
1 - 5 years exp.
₹1.5 Lakh - ₹3.8 Lakhs
Salary of majority employees
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30% less than the average Business Executive Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Executive Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Customer Success, Service & Operations
Business Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹2.8 L/yr

Finance & Accounting
Business Executive Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.8 L/yr

Last Updated: 15 Apr 2023

Companies similar to Kotak Mahindra Bank for Business Executive

Company name Avg Annual Salary Open Jobs
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IndusInd Bank Business Executive Salary

0 - 6 years exp. (165 salaries)

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₹1.5 L/yr - ₹4.8 L/yr

arrow icon 14% more
3 job openings
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Axis Bank Business Executive Salary

1 - 5 years exp. (97 salaries)

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₹1 L/yr - ₹4 L/yr

arrow icon 15% less
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Yes Bank Business Executive Salary

2 - 6 years exp. (7 salaries)

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₹1.9 L/yr - ₹3.1 L/yr

arrow icon 4% more
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ICICI Bank Business Executive Salary

0 - 4 years exp. (5 salaries)

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₹1.8 L/yr - ₹4.2 L/yr

arrow icon 34% more
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HDFC Bank Business Executive Salary

1 - 7 years exp. (5 salaries)

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₹1.6 L/yr - ₹3.5 L/yr

arrow icon 4% less
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IDFC FIRST Bank Business Executive Salary

1 - 9 years exp. (5 salaries)

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₹2.6 L/yr - ₹3.4 L/yr

arrow icon 23% more
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₹2 L/yr - ₹3.5 L/yr

arrow icon 18% more
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Bank of Baroda Business Executive Salary

0 - 7 years exp. (4 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 25% more
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₹1.9 L/yr - ₹2.2 L/yr

arrow icon 20% less
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Bandhan Bank Business Executive Salary

0 - 3 years exp. (3 salaries)

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₹2.7 L/yr - ₹3.8 L/yr

arrow icon 4% more
Business Executive salary at Kotak Mahindra Bank ranges between ₹1.5 Lakh to ₹3.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Business Executive

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Experience wise Kotak Mahindra Bank Business Executive salaries

Last Updated: 15 Apr 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.2 L/yr
2 years  (5 salaries)

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₹2 L/yr - ₹2.5 L/yr
3 years  (3 salaries)

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₹2.4 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.5 L/yr
Kotak Mahindra Bank Business Executive Salary and Career Growth

From

To

Business Executive

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1 - 5 years exp.

Deputy Manager

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0 - 13 years exp.

Business Executive 1 - 5 years exp.
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Team Lead 1 - 8 years exp.
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arrow icon 43% hike
    Deputy Manager 0 - 13 years exp.
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    arrow icon 37% hike

    From

    To

    Business Executive

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    1 - 5 years exp.

    Regional Sales Manager

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    13 - 21 years exp.

    From

    To

    Business Executive

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    1 - 5 years exp.

    Senior Regional Business Manager

    Salary unavailable

    From

    To

    Business Executive

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    1 - 5 years exp.

    Regional Asset Manager

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    15 - 17 years exp.

    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.

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    Salary related reviews for Kotak Mahindra Bank

    -

    Rated by 1 employees for salary & benefits

    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

    Full Time

     · 

    Customer Success, Service & Operations Department

    3.0
      •  posted on 18 Nov 2023

    2.0
     for  Salary and Benefits

    Likes

    Work profile and process is good.

    Dislikes

    Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

    read more
    • Salary - Poor
    • +4 more
    see more salary related reviews

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    Kotak Mahindra Bank Business Executive Salary FAQs

    What is the salary of Business Executive at Kotak Mahindra Bank ?
    The average salary of a Business Executive at Kotak Mahindra Bank in India typically ranges from ₹1.5 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 5 years).

    The top 10% of Business Executive at Kotak Mahindra Bank earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Business Executive 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 estimates are based on salary data submitted by 10+ Kotak Mahindra Bank employees in India.
    What is the estimated take home salary of a Business Executive at Kotak Mahindra Bank in India?
    The estimated take-home salary of a Business Executive at Kotak Mahindra Bank in India typically ranges from ₹18,176 to ₹19,867 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than Kotak Mahindra Bank for Business Executive in India?
    ICICI Bank ₹1.8 Lakhs to ₹4.2 Lakhs per year
    Bank of Baroda ₹2.5 Lakhs to ₹4.0 Lakhs per year
    IDFC FIRST Bank ₹2.6 Lakhs to ₹3.4 Lakhs per year
    Jana Small Finance Bank ₹2.0 Lakhs to ₹3.5 Lakhs per year
    IndusInd Bank ₹1.5 Lakhs to ₹4.8 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
    What is the salary of a Business Executive in companies similar to Kotak Mahindra Bank in India?
    The salary of a Business Executive at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Yes Bank ₹1.9 Lakhs to ₹3.1 Lakhs per year
    Bandhan Bank ₹2.7 Lakhs to ₹3.8 Lakhs per year
    HDFC Bank ₹1.6 Lakhs to ₹3.5 Lakhs per year
    Axis Bank ₹1.0 Lakhs to ₹4.0 Lakhs per year
    Utkarsh Small Finance Bank ₹1.9 Lakhs to ₹2.2 Lakhs per year

    These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
    How the salary growth look like for a Business Executive at Kotak Mahindra Bank in India?
    The salary growth for a Business Executive at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Business Executive can expect the following growth trajectory at Kotak Mahindra Bank:

    Experience Average Salary Range
    1 year ₹1.5 Lakhs to ₹4.2 Lakhs per year
    2 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
    3 years ₹2.4 Lakhs to ₹3.8 Lakhs per year
    4 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Kotak Mahindra Bank Business Executive salary in India ranges between ₹1.5 Lakh to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.