Kotak Mahindra Bank Elite Wealth Manager Salaries by 3 Employees (Updated 2025)

0 - 8 years exp.

₹6.5 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Elite Wealth Manager Salary in Banking Companies for 0 - 8 years of experience

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Last Updated: 13 Jan 2025

Companies similar to Kotak Mahindra Bank for Elite Wealth Manager

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Elite Wealth Manager Salary 0 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹7.5 L/yr 22% less
Bank of Baroda Elite Wealth Manager Salary 2 years exp. (3 salaries)	₹5.5 L/yr - ₹8.9 L/yr 17% less
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Kotak Securities Elite Wealth Manager Salary 7 - 9 years exp. (4 salaries)	₹12 L/yr - ₹24.5 L/yr 114% more
Reliance Money Elite Wealth Manager Salary 2 - 10 years exp. (4 salaries)	₹7 L/yr - ₹7.2 L/yr 21% less
Reliance Capital Elite Wealth Manager Salary 3 - 8 years exp. (3 salaries)	₹7 L/yr - ₹8.5 L/yr 17% less

Elite Wealth Manager salary at Kotak Mahindra Bank ranges between ₹6.5 Lakhs to ₹12 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Elite Wealth Manager salaries

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
5 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
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8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

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Salary related reviews for Kotak Mahindra Bank

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+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

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Elite Wealth Manager Salary FAQs

What is the notice period for Elite Wealth Manager at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Elite Wealth Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Elite Wealth Manager Salaries

Kotak Mahindra Bank Elite Wealth Manager salary in India ranges between ₹6.5 Lakhs to ₹12 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.