Kotak Mahindra Bank Bangalore / Bengaluru Financial Analyst Salaries by 4 Employees

1 - 5 years exp.

₹0.9 Lakh - ₹5.9 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% less than the average Financial Analyst Salary in Banking Companies for 1 - 5 years of experience

Interested in this particular role?

Last Updated: 25 Jan 2024

Companies similar to Kotak Mahindra Bank for Financial Analyst in Bangalore / Bengaluru

Kotak Mahindra Bank Financial Analyst Salary

1 - 5 years exp. (4 salaries)

₹0.9 L/yr - ₹5.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Financial Analyst Salary 0 - 6 years exp. (33 salaries)	₹8.2 L/yr - ₹16.8 L/yr 138% more
ICICI Bank Financial Analyst Salary 1 - 5 years exp. (10 salaries)	₹2.1 L/yr - ₹10 L/yr 42% more
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HDFC Bank Financial Analyst Salary 1 - 6 years exp. (8 salaries)	₹2.8 L/yr - ₹8.6 L/yr 16% less
HSBC Global Banking and Markets Financial Analyst Salary 3 - 7 years exp. (6 salaries)	₹4.1 L/yr - ₹8.5 L/yr 65% more
Canara Bank Financial Analyst Salary 8 - 11 years exp. (3 salaries)	₹13.7 L/yr - ₹17 L/yr 190% more
Union Bank of India Financial Analyst Salary 7 - 10 years exp. (3 salaries)	₹9.5 L/yr - ₹10 L/yr 103% more

Financial Analyst salary at Kotak Mahindra Bank ranges between ₹0.9 Lakh to ₹5.9 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Financial Analyst salaries in Bangalore / Bengaluru

Last Updated: 25 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
2 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
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3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Team Lead Salary

(48 salaries)

₹1.7 L/yr - ₹8.5 L/yr

Business Analyst Salary

(33 salaries)

₹5.04 L/yr - ₹21.5 L/yr

Credit Analyst Salary

(23 salaries)

₹2.4 L/yr - ₹11.05 L/yr

Finance Executive Salary

(10 salaries)

₹1.8 L/yr - ₹3.1 L/yr

Accountant Salary

(5 salaries)

₹2 L/yr - ₹3.15 L/yr

Analyst Salary

(4 salaries)

₹3 L/yr - ₹7 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

5.0

Rated by 1 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

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What people are saying about Kotak Mahindra Bank

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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 Financial Analyst Salary FAQs

What is the salary of Financial Analyst at Kotak Mahindra Bank in Bangalore / Bengaluru?

The average salary of a Financial Analyst at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹0.9 Lakhs to ₹5.9 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Financial Analyst in Bangalore / Bengaluru at Kotak Mahindra Bank earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹11.5 Lakhs per year. Financial Analyst 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 4 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Financial Analyst at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹36,326 to ₹37,546 per month. This is based on the average salary range of ₹0.9 Lakhs to ₹5.9 Lakhs per year for employees with experience ranging from 1 year to 5 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 4 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 Financial Analyst at Kotak Mahindra Bank in Bangalore / Bengaluru?

To be a Financial Analyst at Kotak Mahindra Bank in Bangalore / Bengaluru, the key skills required include:

- Internal Audit
- Financial Analysis
- Ca
- Variance Analysis
- Finance

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 Financial Analyst in India?

Canara Bank	₹13.7 Lakhs to ₹17.0 Lakhs per year
Ujjivan Small Finance Bank	₹8.2 Lakhs to ₹16.8 Lakhs per year
Union Bank of India	₹9.5 Lakhs to ₹10.0 Lakhs per year
HSBC Global Banking and Markets	₹4.1 Lakhs to ₹8.5 Lakhs per year
ICICI Bank	₹2.1 Lakhs to ₹10.0 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 Financial Analyst in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?

The salary of a Financial Analyst at companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank

₹2.8 Lakhs to ₹8.6 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 Financial Analyst at Kotak Mahindra Bank in Bangalore / Bengaluru?

The salary growth for a Financial Analyst at Kotak Mahindra Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Financial Analyst in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
1 year	₹3.8 Lakhs to ₹4.8 Lakhs per year
2 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Financial Analyst Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank Financial Analyst salary in Bangalore / Bengaluru ranges between ₹0.9 Lakh to ₹5.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Financial Analyst salaries in Bangalore / Bengaluru

Companies similar to Kotak Mahindra Bank for Financial Analyst in Bangalore / Bengaluru

Latest annual salaries shared by Kotak Mahindra Bank Financial Analyst in Bangalore / Bengaluru

Experience wise Kotak Mahindra Bank Financial Analyst salaries in Bangalore / Bengaluru

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.