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Kotak Mahindra Bank Executive salaries in Mumbai Suburban

Annual salary range
2 - 4 years exp.
₹1.8 Lakh - ₹2.9 Lakhs
Salary of majority employees
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30% less than the average Executive Salary in Banking Companies for 2 - 4 years of experience

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Last Updated: 13 Sep 2024

Companies similar to Kotak Mahindra Bank for Executive in Mumbai Suburban

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Kotak Mahindra Bank Executive Salary

2 - 4 years exp. (4 salaries)

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₹1.8 L/yr - ₹2.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Executive Salary

1 - 7 years exp. (4 salaries)

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₹2.2 L/yr - ₹2.8 L/yr

At par
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Deloitte Executive Salary

0 - 5 years exp. (16 salaries)

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₹3 L/yr - ₹4.8 L/yr

arrow icon 72% more
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Lumina Datamatics Executive Salary

0 - 4 years exp. (14 salaries)

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₹1.8 L/yr - ₹3.7 L/yr

arrow icon 11% less
1 job opening
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Hitachi Payment Services Executive Salary

0 - 3 years exp. (12 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

arrow icon 20% less
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CMA CGM Executive Salary

1 - 4 years exp. (12 salaries)

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₹2.1 L/yr - ₹2.8 L/yr

At par
1 job opening
Executive salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹2.9 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

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

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4 years exp.
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Experience wise Kotak Mahindra Bank Executive salaries in Mumbai Suburban

Last Updated: 13 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.6 L/yr
4 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹4.7 L/yr
Kotak Mahindra Bank Executive Salary and Career Growth

From

To

Executive

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1 - 9 years exp.

Deputy Manager

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0 - 12 years exp.

Executive 1 - 9 years exp.
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Assistant Manager 0 - 9 years exp.
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arrow icon 23% hike
    Deputy Manager 0 - 12 years exp.
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    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
    (7 salaries)
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    ₹1.6 L/yr - ₹6.03 L/yr

    Top skills at Kotak Mahindra Bank for Executive

    Lap Business Banking

    Salary related reviews for Kotak Mahindra Bank

    4.0

    Rated by 1 employees for salary & benefits

    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

    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

    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

    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.

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    • Skill development - Poor
    • +1 more

    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

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    Kotak Mahindra Bank Executive Salary FAQs

    What is the salary of Executive at Kotak Mahindra Bank Mumbai Suburban?
    Executive salary at Kotak Mahindra Bank in Mumbai Suburban ranges between ₹1.8 Lakhs to ₹2.9 Lakhs for experience between 2 years to 4 years. According to our estimates it is 30% less than the average Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Mumbai Suburban.
    How does the salary of a Executive at Kotak Mahindra Bank Mumbai Suburban compare with the average salary range for this job?
    The average salary of a Executive at Kotak Mahindra Bank is 30% less than the average salary of a Executive in Mumbai Suburban. To know exact salary insights, login to view.
    What are the top skills required to work as a Executive at Kotak Mahindra Bank?
    Lap and Business Banking are some of the popular skills required to work as a Executive at Kotak Mahindra Bank Mumbai Suburban.
    Which similar companies are paying more than Kotak Mahindra Bank to a Executive in Mumbai Suburban?
    • Deloitte Executive Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year
    What is the salary of a Executive in companies similar to Kotak Mahindra Bank in Mumbai Suburban?
    • IDFC FIRST Bank Executive Salary - ₹2.2 Lakhs to ₹2.8 Lakhs per year
    • CMA CGM Executive Salary - ₹2.1 Lakhs to ₹2.8 Lakhs per year
    • Lumina Datamatics Executive Salary - ₹1.8 Lakhs to ₹3.7 Lakhs per year
    • Hitachi Payment Services Executive Salary - ₹1.8 Lakhs to ₹2.5 Lakhs per year
    What is the estimated take home salary of a Executive at Kotak Mahindra Bank in Mumbai Suburban?
    The estimated take-home salary of a Executive at Kotak Mahindra Bank ranges between ₹18,752 per month to ₹20,434 per month in Mumbai Suburban. The take-home salary calculation is based on the average Kotak Mahindra Bank Executive salary in India which ranges between ₹1.8 Lakhs to ₹2.9 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?
    What is the notice period for Executive at Kotak Mahindra Bank in Mumbai Suburban?
    According to AmbitionBox, 100% of the Kotak Mahindra Bank Executives in Mumbai Suburban reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Kotak Mahindra Bank Executive salary in Mumbai Suburban ranges between ₹1.8 Lakh to ₹2.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.