Kotak Mahindra Bank Financial Analyst Salaries by 10+ Employees (Updated 2025)

0 - 4 years exp.

₹1.6 Lakh - ₹9.7 Lakhs

Salary of majority employees

11% less than the average Financial Analyst Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting Financial Analyst Salary 0 - 4 years exp. (5 salaries)	₹1.6 L/yr - ₹10 L/yr
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BFSI, Investments & Trading Financial Analyst Salary 0 - 1 year exp. (3 salaries)	₹3.5 L/yr - ₹9.3 L/yr

Last Updated: 15 Jan 2025

Companies similar to Kotak Mahindra Bank for Financial Analyst

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Financial Analyst Salary 0 - 5 years exp. (82 salaries)	₹1.2 L/yr - ₹10 L/yr 3% less
ICICI Bank Financial Analyst Salary 0 - 6 years exp. (56 salaries)	₹6.9 L/yr - ₹13.8 L/yr 58% more
Login to view exact salary
Axis Bank Financial Analyst Salary 0 - 7 years exp. (19 salaries)	₹3.7 L/yr - ₹9.9 L/yr 61% more
State Bank of India Financial Analyst Salary 0 - 7 years exp. (5 salaries)	₹2.7 L/yr - ₹21 L/yr 123% more
Bajaj Finance Financial Analyst Salary 0 - 5 years exp. (20 salaries)	₹1 L/yr - ₹5 L/yr 48% less
IndusInd Bank Financial Analyst Salary 2 - 7 years exp. (6 salaries)	₹3 L/yr - ₹7.7 L/yr 11% less
Yes Bank Financial Analyst Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹9 L/yr 47% more
IDFC FIRST Bank Financial Analyst Salary 0 - 7 years exp. (16 salaries)	₹2 L/yr - ₹8.1 L/yr 27% less
RBL Bank Financial Analyst Salary 1 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹4.1 L/yr 24% less
Federal Bank Financial Analyst Salary 1 - 3 years exp. (5 salaries)	₹2.3 L/yr - ₹10 L/yr 2% less
Ujjivan Small Finance Bank Financial Analyst Salary 0 - 7 years exp. (37 salaries)	₹4.9 L/yr - ₹16.8 L/yr 119% more
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Barclays Investment Bank Financial Analyst Salary 0 - 5 years exp. (17 salaries)	₹4.9 L/yr - ₹15 L/yr 121% more
HSBC Global Banking and Markets Financial Analyst Salary 3 - 8 years exp. (13 salaries)	₹4.1 L/yr - ₹11 L/yr 89% more
Canara Bank Financial Analyst Salary 7 - 11 years exp. (7 salaries)	₹10 L/yr - ₹17 L/yr 157% more
Central Bank of India Financial Analyst Salary 0 - 6 years exp. (7 salaries)	₹9 L/yr - ₹15 L/yr 101% more
Bank of Baroda Financial Analyst Salary 0 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹10 L/yr 2% less
South Indian Bank Financial Analyst Salary 3 - 10 years exp. (5 salaries)	₹1 L/yr - ₹20.7 L/yr 88% more
Union Bank of India Financial Analyst Salary 2 - 10 years exp. (5 salaries)	₹6.1 L/yr - ₹10 L/yr 59% more
Bandhan Bank Financial Analyst Salary 1 - 3 years exp. (4 salaries)	₹2.3 L/yr - ₹3.6 L/yr 49% less
Utkarsh Small Finance Bank Financial Analyst Salary 0 - 5 years exp. (4 salaries)	₹5 L/yr - ₹12.8 L/yr 99% more	1 job opening

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Financial Analyst salary at Kotak Mahindra Bank ranges between ₹1.6 Lakh to ₹9.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Financial Analyst salaries

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
Fresher (6 salaries)	₹3.2 L/yr - ₹8.8 L/yr
1 year (4 salaries)	₹1.6 L/yr - ₹8.6 L/yr
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2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹10.7 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹9 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Senior Financial Analyst Salary

(4 salaries)

₹6 L/yr - ₹13 L/yr

Associate Analyst Salary

(5 salaries)

₹2.5 L/yr - ₹8 L/yr

Senior Analyst Salary

(10 salaries)

₹4.3 L/yr - ₹12.5 L/yr

Business Analyst Salary

(310 salaries)

₹4.63 L/yr - ₹18 L/yr

Credit Analyst Salary

(245 salaries)

₹7.06 L/yr - ₹16.13 L/yr

Research Analyst Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Analyst Salary

(26 salaries)

₹2.41 L/yr - ₹12 L/yr

Finance Executive Salary

(117 salaries)

₹1.2 L/yr - ₹4.2 L/yr

Accountant Salary

(67 salaries)

₹1.55 L/yr - ₹4.6 L/yr

Team Lead Salary

(417 salaries)

₹1.5 L/yr - ₹6.79 L/yr

Top skills at Kotak Mahindra Bank for Financial Analyst

Internal Audit Financial Analysis Ca Variance Analysis Finance bfsi Cost Analysis Financial Analysis Valuation Forecasting Financial Modelling Banking Financial Research

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 5 employees for salary & benefits

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

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.

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.

Skill development - Poor

+1 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Financial Analyst Salary FAQs

What is the salary of Financial Analyst at Kotak Mahindra Bank?

Financial Analyst salary at Kotak Mahindra Bank in India ranges between ₹1.6 Lakhs to ₹9.7 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 11% less than the average Financial Analyst Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Financial Analyst at Kotak Mahindra Bank is 11% less than the average salary of a Financial Analyst in India. To know exact salary insights, login to view.

What are the top skills required to work as a Financial Analyst at Kotak Mahindra Bank?

Internal Audit, Financial Analysis, Ca, Variance Analysis and Finance are some of the popular skills required to work as a Financial Analyst at Kotak Mahindra Bank India.

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

Canara Bank Financial Analyst Salary - ₹10.0 Lakhs to ₹17.0 Lakhs per year
State Bank of India Financial Analyst Salary - ₹2.7 Lakhs to ₹21.0 Lakhs per year
Barclays Investment Bank Financial Analyst Salary - ₹4.9 Lakhs to ₹15.0 Lakhs per year
Ujjivan Small Finance Bank Financial Analyst Salary - ₹4.9 Lakhs to ₹16.8 Lakhs per year
Central Bank of India Financial Analyst Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year

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

Utkarsh Small Finance Bank Financial Analyst Salary - ₹5.0 Lakhs to ₹12.8 Lakhs per year
HSBC Global Banking and Markets Financial Analyst Salary - ₹4.1 Lakhs to ₹11.0 Lakhs per year
South Indian Bank Financial Analyst Salary - ₹1.0 Lakhs to ₹20.7 Lakhs per year
Axis Bank Financial Analyst Salary - ₹3.7 Lakhs to ₹9.9 Lakhs per year
Union Bank of India Financial Analyst Salary - ₹6.1 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Financial Analyst at Kotak Mahindra Bank ranges between ₹40,314 per month to ₹41,475 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Financial Analyst salary in India which ranges between ₹1.6 Lakhs to ₹9.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Financial Analyst at Kotak Mahindra Bank?

According to AmbitionBox, 56% of the Kotak Mahindra Bank Financial Analysts reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Financial Analyst Salaries by Location

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Kotak Mahindra Bank Financial Analyst Salaries

Kotak Mahindra Bank Financial Analyst salary in India ranges between ₹1.6 Lakh to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Financial Analyst salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Financial Analyst

Latest annual salaries shared by Kotak Mahindra Bank Financial Analyst

Experience wise Kotak Mahindra Bank Financial Analyst salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Financial Analyst

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Financial Analyst Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Financial Analyst Salaries by Location