Kotak Mahindra Bank DEP Salaries by 4 Employees

3 - 7 years exp.

₹2.3 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

52% less than the average DEP Salary in Banking Companies for 3 - 7 years of experience

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Last Updated: 22 Aug 2023

Companies similar to Kotak Mahindra Bank for DEP

Company name	Avg Annual Salary	Open Jobs
HDFC Bank DEP Salary 4 - 6 years exp. (5 salaries)	₹4.3 L/yr - ₹7.5 L/yr 76% more
ICICI Bank DEP Salary 0 - 4 years exp. (4 salaries)	₹5.6 L/yr - ₹11.1 L/yr 121% more
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Axis Bank DEP Salary 0 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹9.8 L/yr 65% more
IndusInd Bank DEP Salary 2 - 9 years exp. (3 salaries)	₹2.9 L/yr - ₹3.3 L/yr 18% less
Lauritz Knudsen Electrical & Automation DEP Salary 10 - 18 years exp. (4 salaries)	₹8.3 L/yr - ₹10.6 L/yr 147% more

DEP salary at Kotak Mahindra Bank ranges between ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank DEP salaries

Last Updated: 22 Aug 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr

Salary related reviews for Kotak Mahindra Bank

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

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 Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

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Kotak Mahindra Bank DEP Salary FAQs

What is the salary of DEP at Kotak Mahindra Bank?

DEP salary at Kotak Mahindra Bank in India ranges between ₹2.3 Lakhs to ₹4.8 Lakhs for experience between 3 years to 7 years. According to our estimates it is 52% less than the average DEP Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a DEP at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a DEP at Kotak Mahindra Bank is 52% less than the average salary of a DEP in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a DEP in India?

Lauritz Knudsen Electrical & Automation DEP Salary - ₹8.3 Lakhs to ₹10.6 Lakhs per year
ICICI Bank DEP Salary - ₹5.6 Lakhs to ₹11.1 Lakhs per year
HDFC Bank DEP Salary - ₹4.3 Lakhs to ₹7.5 Lakhs per year
Axis Bank DEP Salary - ₹3.6 Lakhs to ₹9.8 Lakhs per year

What is the salary of a DEP in companies similar to Kotak Mahindra Bank in India?

IndusInd Bank DEP Salary - ₹2.9 Lakhs to ₹3.3 Lakhs per year

What is the estimated take home salary of a DEP at Kotak Mahindra Bank in India?

The estimated take-home salary of a DEP at Kotak Mahindra Bank ranges between ₹27,322 per month to ₹28,726 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank DEP salary in India which ranges between ₹2.3 Lakhs to ₹4.8 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for DEP at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank DEPs reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank DEP Salaries

Kotak Mahindra Bank DEP salary in India ranges between ₹2.3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.