Kotak Mahindra Bank Mumbai Data Scientist Salaries by 30+ Employees (Updated 2025)

0 - 6 years exp.

₹6.5 Lakhs - ₹20 Lakhs

Salary of majority employees

Fixed (88%)

₹11.9 Lakhs

Variable (12%)

₹1.6 Lakh

5% less than the average Data Scientist Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Data Science & Analytics Data Scientist Salary 0 - 6 years exp. (21 salaries)	₹8 L/yr - ₹20 L/yr
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Engineering - Software & QA Data Scientist Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹14 L/yr

Last Updated: 17 Mar 2025

Companies similar to Kotak Mahindra Bank for Data Scientist in Mumbai

Kotak Mahindra Bank Data Scientist Salary

0 - 6 years exp. (35 salaries)

₹6.5 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Data Scientist Salary 0 - 5 years exp. (61 salaries)	₹7.7 L/yr - ₹23.1 L/yr 34% more	4 job openings
RBL Bank Data Scientist Salary 1 - 6 years exp. (33 salaries)	₹7.8 L/yr - ₹15.5 L/yr 12% less
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Axis Bank Data Scientist Salary 0 - 9 years exp. (28 salaries)	₹7.8 L/yr - ₹20 L/yr 10% more
IDFC FIRST Bank Data Scientist Salary 1 - 5 years exp. (14 salaries)	₹10.7 L/yr - ₹40 L/yr 73% more
ICICI Bank Data Scientist Salary 0 - 5 years exp. (8 salaries)	₹5.6 L/yr - ₹25 L/yr 3% more
IndusInd Bank Data Scientist Salary 1 - 5 years exp. (4 salaries)	₹15 L/yr - ₹21.5 L/yr 41% more	6 job openings

Data Scientist salary at Kotak Mahindra Bank ranges between ₹6.5 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 35 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Data Scientist salaries in Mumbai

Last Updated: 17 Mar 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹6 L/yr - ₹17 L/yr
1 year (10 salaries)	₹9.2 L/yr - ₹18 L/yr
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2 years (5 salaries)	₹9 L/yr - ₹25.1 L/yr
3 years (4 salaries)	₹8 L/yr - ₹18.7 L/yr
4 years (4 salaries)	₹5.4 L/yr - ₹16.6 L/yr
5 years (3 salaries)	₹9 L/yr - ₹17.2 L/yr
6 years (3 salaries)	₹9 L/yr - ₹20 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Business Analyst Salary

(150 salaries)

₹9.99 L/yr - ₹18.5 L/yr

Data Analyst Salary

(48 salaries)

₹2.1 L/yr - ₹9.97 L/yr

Analyst Salary

(11 salaries)

₹4.28 L/yr - ₹13 L/yr

Senior Data Scientist Salary

(5 salaries)

₹17.5 L/yr - ₹26 L/yr

Senior Analyst Salary

(5 salaries)

₹11.5 L/yr - ₹17.9 L/yr

Data Engineer Salary

(4 salaries)

₹10 L/yr - ₹21.27 L/yr

Top skills at Kotak Mahindra Bank for Data Scientist

SAS Predictive Modeling Python Data Science R Data Analytics Analytics Risk Analytics Data Management Statistics SQL

Salary related reviews for Kotak Mahindra Bank

2.1

Rated by 3 employees for salary & benefits

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

Relationship Officer in Visakhapatnam

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

Salary - Poor

+4 more

Manager OPS in Kolkata

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

Salary - Poor

+5 more

Assistant Product Sales Manager in Madurai

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.

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

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Kotak Mahindra Bank Data Scientist Salary FAQs

What is the salary of Data Scientist at Kotak Mahindra Bank in Mumbai?

The average salary of a Data Scientist at Kotak Mahindra Bank in Mumbai typically ranges from ₹6.5 Lakhs to ₹20.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Data Scientist in Mumbai at Kotak Mahindra Bank earn more than ₹17.3 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Data Scientist 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 30+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Data Scientist at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Data Scientist at Kotak Mahindra Bank in Mumbai typically ranges from ₹94,936 to ₹97,494 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹20.0 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 30+ 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 Scientist at Kotak Mahindra Bank in Mumbai?

To be a Data Scientist at Kotak Mahindra Bank in Mumbai, the key skills required include:

- SAS
- Predictive Modeling
- Python
- Data Science
- R

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 Scientist in India?

IDFC FIRST Bank	₹10.7 Lakhs to ₹40.0 Lakhs per year
IndusInd Bank	₹15.0 Lakhs to ₹21.5 Lakhs per year
HDFC Bank	₹7.7 Lakhs to ₹23.1 Lakhs per year
Axis Bank	₹7.8 Lakhs to ₹20.0 Lakhs per year
ICICI Bank	₹5.6 Lakhs to ₹25.0 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 Scientist in companies similar to Kotak Mahindra Bank in Mumbai?

The salary of a Data Scientist at companies similar to Kotak Mahindra Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

RBL Bank

₹7.8 Lakhs to ₹15.5 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 Scientist at Kotak Mahindra Bank in Mumbai?

The salary growth for a Data Scientist at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Data Scientist in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹17.0 Lakhs per year
1 year	₹9.2 Lakhs to ₹18.0 Lakhs per year
2 years	₹9.0 Lakhs to ₹25.1 Lakhs per year
3 years	₹8.0 Lakhs to ₹18.7 Lakhs per year

and so on.

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Kotak Mahindra Bank Data Scientist Salaries in Mumbai

Kotak Mahindra Bank Data Scientist salary in Mumbai ranges between ₹6.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

Companies similar to Kotak Mahindra Bank for Data Scientist in Mumbai

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

Experience wise Kotak Mahindra Bank Data Scientist salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Data Scientist

Salary related reviews for Kotak Mahindra Bank

Senior Associate in Mumbai

Relationship Officer in Visakhapatnam

Manager OPS in Kolkata

Assistant Product Sales Manager in Madurai

Senior Relationship Manager in Ranchi

Kotak Mahindra Bank Data Scientist Salary FAQs

Tell us how to improve this page.