Kotak Mahindra Bank Mumbai Consultant Salaries by 3 Employees (Updated 2025)

3 - 5 years exp.

₹5.4 Lakhs - ₹8 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Consultant Salary in Banking Companies for 3 - 5 years of experience

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Last Updated: 30 Dec 2023

Companies similar to Kotak Mahindra Bank for Consultant in Mumbai

Kotak Mahindra Bank Consultant Salary

3 - 5 years exp. (3 salaries)

₹5.4 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Consultant Salary 1 - 4 years exp. (6 salaries)	₹3.5 L/yr - ₹5.8 L/yr 18% less
ICICI Bank Consultant Salary 1 - 7 years exp. (50 salaries)	₹1 L/yr - ₹6 L/yr 60% less
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Axis Bank Consultant Salary 3 - 7 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 52% more
State Bank of India Consultant Salary 3 - 4 years exp. (3 salaries)	₹9.3 L/yr - ₹18 L/yr 52% more
IndusInd Bank Consultant Salary 27 - 32 years exp. (3 salaries)	₹9.9 L/yr - ₹42 L/yr 207% more
Yes Bank Consultant Salary 0 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹6.5 L/yr 4% less
IDFC FIRST Bank Consultant Salary 1 - 8 years exp. (45 salaries)	₹1.8 L/yr - ₹8.3 L/yr 42% less

Consultant salary at Kotak Mahindra Bank ranges between ₹5.4 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Consultant salaries in Mumbai

Last Updated: 30 Dec 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹12.1 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹9 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹14.4 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Team Lead Salary

(83 salaries)

₹1.8 L/yr - ₹9 L/yr

Senior Associate Salary

(24 salaries)

₹1.5 L/yr - ₹3.9 L/yr

Technical Lead Salary

(3 salaries)

₹33.49 L/yr - ₹34.27 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

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

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Good

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Salary - Bad

+3 more

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 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 Consultant Salary FAQs

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Consultants in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Consultant Salaries in Mumbai

Kotak Mahindra Bank Consultant salary in Mumbai ranges between ₹5.4 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.