Kotak Mahindra Bank Mumbai Cash Officer Salaries by Employees (Updated 2025)

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₹3.2 Lakhs - ₹4 Lakhs

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Last Updated: 25 Jun 2024

Companies similar to Kotak Mahindra Bank for Cash Officer in Mumbai

Kotak Mahindra Bank Cash Officer Salary

2 years exp. (AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Cash Officer Salary 1 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹2.2 L/yr 41% less
DMart Cash Officer Salary 3 - 8 years exp. (15 salaries)	₹1.6 L/yr - ₹3 L/yr 28% less
Login to view exact salary
Securitrans India Cash Officer Salary 0 - 11 years exp. (10 salaries)	₹1 L/yr - ₹3.3 L/yr 38% less
CMS Securitas Cash Officer Salary 1 - 6 years exp. (5 salaries)	₹1.2 L/yr - ₹2.2 L/yr 46% less
Furtados Music India Cash Officer Salary 5 - 11 years exp. (5 salaries)	₹0.2 L/yr - ₹2.3 L/yr 71% less

Cash Officer salary at Kotak Mahindra Bank ranges between ₹3.2 Lakhs to ₹4 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

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₹1.8 L/yr - ₹4 L/yr

Salary related reviews for Kotak Mahindra Bank

1.0

Rated by 1 employees for salary & benefits

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Cash Officer Salary FAQs

What is the notice period for Cash Officer at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Cash Officers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Cash Officer Salaries in Mumbai

Kotak Mahindra Bank Cash Officer salary in Mumbai ranges between ₹3.2 Lakhs to ₹4 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.