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Kotak Mahindra Bank Data Analyst salaries in Mumbai (Updated 2025)

Annual salary range
0 - 6 years exp.
₹2.1 Lakhs - ₹10 Lakhs
Salary of majority employees
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14% less than the average Data Analyst Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Data Science & Analytics
Data Analyst Salary
0 - 6 years exp. (33 salaries)
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₹2.6 L/yr - ₹10.1 L/yr

BFSI, Investments & Trading
Data Analyst Salary
0 - 4 years exp. (3 salaries)
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₹2.1 L/yr - ₹5.8 L/yr

Engineering - Software & QA
Data Analyst Salary
4 - 6 years exp. (3 salaries)
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₹6.3 L/yr - ₹14.4 L/yr

Last Updated: 21 Mar 2025

Companies similar to Kotak Mahindra Bank for Data Analyst in Mumbai

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Kotak Mahindra Bank Data Analyst Salary

0 - 6 years exp. (48 salaries)

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₹2.1 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Data Analyst Salary

1 - 10 years exp. (98 salaries)

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₹1.7 L/yr - ₹10.8 L/yr

arrow icon 6% more
1 job opening
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IDFC FIRST Bank Data Analyst Salary

0 - 6 years exp. (82 salaries)

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₹11.8 L/yr - ₹24 L/yr

arrow icon 140% more
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Axis Bank Data Analyst Salary

0 - 5 years exp. (34 salaries)

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₹4.3 L/yr - ₹15.5 L/yr

arrow icon 84% more
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ICICI Bank Data Analyst Salary

1 - 7 years exp. (26 salaries)

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₹2.5 L/yr - ₹11.8 L/yr

arrow icon 21% more
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Yes Bank Data Analyst Salary

1 - 6 years exp. (10 salaries)

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₹2.7 L/yr - ₹5 L/yr

arrow icon 28% less
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RBL Bank Data Analyst Salary

2 - 6 years exp. (7 salaries)

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₹3.1 L/yr - ₹8.5 L/yr

arrow icon 40% more
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IndusInd Bank Data Analyst Salary

2 - 7 years exp. (5 salaries)

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₹4.4 L/yr - ₹11 L/yr

arrow icon 40% more
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₹2.7 L/yr - ₹7 L/yr

arrow icon 9% more
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IDBI Bank Data Analyst Salary

2 - 4 years exp. (4 salaries)

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₹2.1 L/yr - ₹10.5 L/yr

arrow icon 14% more
Data Analyst salary at Kotak Mahindra Bank ranges between ₹2.1 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 48 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Data Analyst in Mumbai

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Experience wise Kotak Mahindra Bank Data Analyst salaries in Mumbai

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹2.1 L/yr - ₹4.8 L/yr
1 year  (5 salaries)

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₹2.8 L/yr - ₹8.6 L/yr
2 years  (13 salaries)

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₹3.3 L/yr - ₹8.2 L/yr
3 years  (10 salaries)

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₹2.1 L/yr - ₹9.8 L/yr
4 years  (6 salaries)

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₹2.5 L/yr - ₹11 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Business Analyst Salary
(150 salaries)
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₹9.99 L/yr - ₹18.5 L/yr
Data Scientist Salary
(38 salaries)
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₹6.8 L/yr - ₹22.55 L/yr
Analyst Salary
(11 salaries)
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₹4.28 L/yr - ₹13 L/yr
MIS Analyst Salary
(10 salaries)
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₹2.5 L/yr - ₹6.6 L/yr
Senior Analyst Salary
(5 salaries)
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₹11.5 L/yr - ₹17.9 L/yr
Data Engineer Salary
(4 salaries)
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₹10 L/yr - ₹21.27 L/yr

Top skills at Kotak Mahindra Bank for Data Analyst

Quality Audit Process Audit Data Analytics Internal Audit Data Analysis Auditing SQL Ca Finance Internal Control SAP BO Compliance Statistical Modeling Scorecard Advanced Excel

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 6 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +1 more

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.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Mar 2025

2.0
 for  Salary and Benefits

Likes

On time salary

  • Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Mar 2025

2.0
 for  Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Mar 2025

4.0
 for  Salary and Benefits

Likes

Salary, Skill Development, promotions.

  • Salary - Good
  • +3 more

Dislikes

Managers who are not following the company policy. Too much process in account opening and POS. Customer funds are getting hold in the individual current accounts for like 12 months or 13 months. Ridiculous. Worst service provider to the customers. The bank is giving priority to sales only. Not for service.

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Data Analyst Salary FAQs

What is the salary of Data Analyst at Kotak Mahindra Bank in Mumbai?
The average salary of a Data Analyst at Kotak Mahindra Bank in Mumbai typically ranges from ₹2.1 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Data Analyst in Mumbai at Kotak Mahindra Bank earn more than ₹12.6 Lakhs per year, and the top 1% earn over ₹14.4 Lakhs per year. Data Analyst 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 40+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Data Analyst at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Data Analyst at Kotak Mahindra Bank in Mumbai typically ranges from ₹42,785 to ₹43,909 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 40+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Data Analyst at Kotak Mahindra Bank in Mumbai?
To be a Data Analyst at Kotak Mahindra Bank in Mumbai, the key skills required include:

  • - Quality Audit
  • - Process Audit
  • - Data Analytics
  • - Internal Audit
  • - Data Analysis

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindra Bank for Data Analyst in India?
IDFC FIRST Bank ₹11.8 Lakhs to ₹24.0 Lakhs per year
Axis Bank ₹4.3 Lakhs to ₹15.5 Lakhs per year
RBL Bank ₹3.1 Lakhs to ₹8.5 Lakhs per year
IndusInd Bank ₹4.4 Lakhs to ₹11.0 Lakhs per year
ICICI Bank ₹2.5 Lakhs to ₹11.8 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 Data Analyst in companies similar to Kotak Mahindra Bank in Mumbai?
The salary of a Data Analyst at companies similar to Kotak Mahindra Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank ₹2.1 Lakhs to ₹10.5 Lakhs per year
Utkarsh Small Finance Bank ₹2.7 Lakhs to ₹7.0 Lakhs per year
HDFC Bank ₹1.7 Lakhs to ₹10.8 Lakhs per year
Yes Bank ₹2.7 Lakhs to ₹5.0 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 Data Analyst at Kotak Mahindra Bank in Mumbai?
The salary growth for a Data Analyst at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Data Analyst in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹2.1 Lakhs to ₹4.8 Lakhs per year
1 year ₹2.8 Lakhs to ₹8.6 Lakhs per year
2 years ₹3.3 Lakhs to ₹8.2 Lakhs per year
3 years ₹2.1 Lakhs to ₹9.8 Lakhs per year
and so on.

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Kotak Mahindra Bank Data Analyst salary in Mumbai ranges between ₹2.1 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 48 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.