Kotak Mahindra Bank Mumbai Executive Accountant Salaries by 10+ Employees (Updated 2025)

1 - 4 years exp.

₹1.7 Lakh - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% less than the average Executive Accountant Salary in Banking Companies for 1 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Executive Accountant Salary 1 - 4 years exp. (11 salaries)	₹1.8 L/yr - ₹3.6 L/yr
BFSI, Investments & Trading Executive Accountant Salary 2 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.9 L/yr
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Sales & Business Development Executive Accountant Salary 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr

Last Updated: 15 Mar 2025

Companies similar to Kotak Mahindra Bank for Executive Accountant in Mumbai

Kotak Mahindra Bank Executive Accountant Salary

1 - 4 years exp. (18 salaries)

₹1.7 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Executive Accountant Salary 0 - 5 years exp. (19 salaries)	₹1.5 L/yr - ₹3.8 L/yr 2% less
ICICI Bank Executive Accountant Salary 0 - 6 years exp. (15 salaries)	₹1.2 L/yr - ₹6 L/yr 27% more
Login to view exact salary
HDFC Bank Executive Accountant Salary 1 - 7 years exp. (13 salaries)	₹1.9 L/yr - ₹4.5 L/yr 12% less
Axis Bank Executive Accountant Salary 1 - 6 years exp. (11 salaries)	₹1.8 L/yr - ₹4.2 L/yr 1% more
RBL Bank Executive Accountant Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 9% less
Yes Bank Executive Accountant Salary 2 - 8 years exp. (6 salaries)	₹1.9 L/yr - ₹3.8 L/yr 4% more
IndusInd Bank Executive Accountant Salary 1 - 5 years exp. (5 salaries)	₹1.5 L/yr - ₹3.2 L/yr 7% more

Executive Accountant salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Executive Accountant in Mumbai

3w ago

₹2.4 Lakhs

2 years exp.

6mo ago

₹2.5 Lakhs

2 years exp.

6mo ago

₹2 Lakhs

1 year exp.

7mo ago

₹3.2 Lakhs

4 years exp.

9mo ago

₹3.6 Lakhs

3 years exp.

11mo ago

4 years exp.

1y ago

3 years exp.

1y ago

3 years exp.

1y ago

1 year exp.

1y ago

1 year exp.

Experience wise Kotak Mahindra Bank Executive Accountant salaries in Mumbai

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
1 year (6 salaries)	₹1.8 L/yr - ₹4.4 L/yr
2 years (6 salaries)	₹1.7 L/yr - ₹3 L/yr
Login to view exact salary
3 years (4 salaries)	₹2.4 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

From

Executive Accountant

1 - 4 years exp.

Deputy Manager

0 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Top skills at Kotak Mahindra Bank for Executive Accountant

Accounting MIS Reporting Accounts Payable Accounts Receivable Transaction Processing GST Transaction Processing MIS Reporting Accounts Payable Account Opening Accounts Receivable Accounting Banking Key Accounts

Salary related reviews for Kotak Mahindra Bank

3.1

Rated by 2 employees for salary & benefits

Credit Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 23 Sep 2023

1.0

for Salary and Benefits

Likes

Skill Development and Learning

Skill development - Good

Dislikes

No Work-Life balance,no Salary & Benefits,not happy with Promotions / Appraisal,no Work Satisfaction,I don't kwon Company Culture, but department culture is veridis happy

Salary - Bad

+5 more

Credit Processing Associate in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2022

2.0

for Salary and Benefits

Likes

Good place to learn and for skill development got nice exposure of work.. and load of work is average so you got time for work and life both.. Nice place for learn

Skill development - Good

+1 more

Dislikes

It's a offroll job , so there is No salary increment for CPA ( credit processing associates) no other benefits..

Salary - Poor

+2 more

Credit Associate in Nagpur

Full Time

Other Department

2.0

• posted on 14 Feb 2023

1.0

for Salary and Benefits

Likes

Overall good mentor is good... Work is also ok... Bosses are good in nature

Company culture - Good

Dislikes

There is no salary hike in last 4 year... No growth in position.... Working in same salary & in same position from last 4 year

Salary - Bad

+2 more

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

Other Department

5.0

• posted on 29 May 2022

5.0

for Salary and Benefits

Likes

Kotak Mahindra Bank Business loan process is very good and long process and we will prepartion TAT is very dificulty and Very carfully updated last two yers financials and latest one year GST returns and latest one year Banking perfios after completed TAT easly process the case the working is very easly recomending the casese.

Salary - Excellent

+5 more

Dislikes

More work and less salary, there is no co-ordination in the team, any problem is raised asking me only, our team peoples doing mistakes managers asking me, any big Financial cases shared managers me only.

Promotions - Poor

Credit Analyst in Bangalore / Bengaluru

Wholesale Banking Department

4.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

In terms of other Indian Banks, Kotak is far better when it comes to Work Life Balance and Work Culture. People are much more professional here. You would love it if you become a part of the wholesale banking group.

Skill development - Good

+4 more

Dislikes

Pay is on the lower side with low hikes and bonuses. Even promotions are based on the biasness and not the skill of employees.

Salary - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Kotak Mahindra Bank in Mumbai?

The average salary of a Executive Accountant at Kotak Mahindra Bank in Mumbai typically ranges from ₹1.7 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Executive Accountant in Mumbai at Kotak Mahindra Bank earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Executive Accountant 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 10+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Executive Accountant at Kotak Mahindra Bank in Mumbai typically ranges from ₹18,749 to ₹20,431 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 4 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 10+ 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 Executive Accountant at Kotak Mahindra Bank in Mumbai?

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

- Accounting
- MIS Reporting
- Accounts Payable
- Accounts Receivable
- Transaction Processing

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 Executive Accountant in India?

ICICI Bank	₹1.2 Lakhs to ₹6.0 Lakhs per year
IndusInd Bank	₹1.5 Lakhs to ₹3.2 Lakhs per year
Yes Bank	₹1.9 Lakhs to ₹3.8 Lakhs per year
Axis Bank	₹1.8 Lakhs to ₹4.2 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 Executive Accountant in companies similar to Kotak Mahindra Bank in Mumbai?

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

IDFC FIRST Bank	₹1.5 Lakhs to ₹3.8 Lakhs per year
RBL Bank	₹2.0 Lakhs to ₹3.0 Lakhs per year
HDFC Bank	₹1.9 Lakhs to ₹4.5 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 Executive Accountant at Kotak Mahindra Bank in Mumbai?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹4.4 Lakhs per year
2 years	₹1.7 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Executive Accountant Salaries in Mumbai

Kotak Mahindra Bank Executive Accountant salary in Mumbai ranges between ₹1.7 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.