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Kotak Mahindra Bank

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3.7

based on 17.6k Reviews

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Kotak Mahindra Bank Executive Officer salaries in Mumbai Suburban

Annual salary range
1 - 2 years exp.
₹2.1 Lakhs - ₹2.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Last Updated: 15 Mar 2023

Companies similar to Kotak Mahindra Bank for Executive Officer in Mumbai Suburban

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Kotak Mahindra Bank Executive Officer Salary

1 - 2 years exp. (AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.7 L/yr

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₹1.7 L/yr - ₹2.2 L/yr

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Executive Officer salary at Kotak Mahindra Bank ranges between ₹2.1 Lakhs to ₹2.7 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.
Kotak Mahindra Bank Executive Officer Salary and Career Growth

From

To

Executive Officer

₹unlock blur Lakhs/yr

0 - 5 years exp.

Deputy Manager

₹unlock blur Lakhs/yr

0 - 13 years exp.

Executive Officer 0 - 5 years exp.
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Assistant Manager 0 - 9 years exp.
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arrow icon 48% hike
    Deputy Manager 0 - 13 years exp.
    unlock blur
    arrow icon 44% hike
    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.

    Similar Designation salaries in Kotak Mahindra Bank

    Team Lead Salary
    (6 salaries)
    unlock blur
    ₹1.9 L/yr - ₹6.03 L/yr

    Salary related reviews for Kotak Mahindra Bank

    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.

    read more
    • 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.

    read more
    • 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.

    read more
    • Work satisfaction - Bad
      • +2 more

    Deputy Manager in Kolkata

    Full Time

     · 

    Sales & Business Development Department

    1.0
      •  posted on 10 Mar 2024
    2.0
     for  Salary and Benefits

    Likes

    Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

    • Job security - Good

    Dislikes

    Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

    read more
    • Salary - Poor
      • +4 more

    Deputy Manager in Mumbai

    Full Time

     · 

    Finance & Accounting Department

    3.0
      •  posted on 30 Dec 2023
    3.0
     for  Salary and Benefits

    Likes

    Work life balance is very good. That is the only good part.

    • Work-life balance - Good

    Dislikes

    Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

    read more
    • Skill development - Poor
      • +1 more

    Deputy Manager in Thane

    Full Time

     · 

    Customer Success, Service & Operations Department

    3.0
      •  posted on 18 Nov 2023
    2.0
     for  Salary and Benefits

    Likes

    Work profile and process is good.

    Dislikes

    Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

    read more
    • Salary - Poor
      • +4 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    What people are saying about Kotak Mahindra Bank

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    a manager
    1w
    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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    More about working at Kotak Mahindra Bank
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    #23 Best Mega Company - 2022

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    Kotak Mahindra Bank Executive Officer Salary FAQs

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

    Experience Average Salary Range
    1 year ₹2.2 Lakhs to ₹2.8 Lakhs per year
    2 years ₹2.1 Lakhs to ₹2.7 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Kotak Mahindra Bank Executive Officer salary in Mumbai Suburban ranges between ₹2.1 Lakhs to ₹2.7 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.