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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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29% 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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HDFC Bank Business Executive Salary

1 - 6 years exp. (5 salaries)

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₹1.6 L/yr - ₹3.5 L/yr

arrow icon 4% less
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ICICI Bank Business Executive Salary

1 - 4 years exp. (4 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 20% less
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Axis Bank Business Executive Salary

1 - 5 years exp. (98 salaries)

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₹1 L/yr - ₹3.7 L/yr

arrow icon 17% less
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IndusInd Bank Business Executive Salary

0 - 8 years exp. (176 salaries)

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₹1.5 L/yr - ₹4.8 L/yr

arrow icon 15% more
3 job openings
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Yes Bank Business Executive Salary

2 - 4 years exp. (5 salaries)

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₹1.9 L/yr - ₹3.1 L/yr

arrow icon 5% more
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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 18% more
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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
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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
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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3 years exp.
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2 years exp.
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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 - 9 years exp.
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arrow icon 47% hike
    Deputy Manager 0 - 13 years exp.
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    arrow icon 33% hike

    From

    To

    Business Executive

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    1 - 5 years exp.

    Regional Sales Manager

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    11 - 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.

    Similar Designation salaries in Kotak Mahindra Bank

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    Sales Officer Salary
    (339 salaries)
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    Team Lead Salary
    (423 salaries)
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    ₹1.55 L/yr - ₹6.76 L/yr
    Branch Manager Salary
    (1k salaries)
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    ₹7 L/yr - ₹25.56 L/yr
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    (729 salaries)
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    ₹2.31 L/yr - ₹10.14 L/yr
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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?
    Business Executive salary at Kotak Mahindra Bank in India ranges between ₹1.5 Lakhs to ₹3.8 Lakhs for experience between 1 years to 5 years. According to our estimates it is 29% less than the average Business Executive Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank India.
    How does the salary of a Business Executive at Kotak Mahindra Bank India compare with the average salary range for this job?
    The average salary of a Business Executive at Kotak Mahindra Bank is 29% less than the average salary of a Business Executive in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Kotak Mahindra Bank to a Business Executive in India?
    • Bank of Baroda Business Executive Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
    • IDFC FIRST Bank Business Executive Salary - ₹2.6 Lakhs to ₹3.4 Lakhs per year
    • Jana Small Finance Bank Business Executive Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
    • IndusInd Bank Business Executive Salary - ₹1.5 Lakhs to ₹4.8 Lakhs per year
    • Yes Bank Business Executive Salary - ₹1.9 Lakhs to ₹3.1 Lakhs per year
    What is the salary of a Business Executive in companies similar to Kotak Mahindra Bank in India?
    • Bandhan Bank Business Executive Salary - ₹2.7 Lakhs to ₹3.8 Lakhs per year
    • HDFC Bank Business Executive Salary - ₹1.6 Lakhs to ₹3.5 Lakhs per year
    • Axis Bank Business Executive Salary - ₹1.0 Lakhs to ₹3.7 Lakhs per year
    • Utkarsh Small Finance Bank Business Executive Salary - ₹1.9 Lakhs to ₹2.2 Lakhs per year
    • ICICI Bank Business Executive Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
    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 ranges between ₹18,176 per month to ₹19,867 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Business Executive salary in India which ranges between ₹1.5 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
    What is the notice period for Business Executive at Kotak Mahindra Bank?
    According to AmbitionBox, 40% of the Kotak Mahindra Bank Business Executives reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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    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.

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