Kotak Mahindra Bank Forex Dealer Salaries by 2 Employees (Updated 2025)

1 - 10 years exp.

₹18.8 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

Fixed (84%)

₹18.2 Lakhs

Variable (16%)

₹3.3 Lakhs

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Last Updated: 10 Mar 2025

Companies similar to Kotak Mahindra Bank for Forex Dealer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Forex Dealer Salary 0 - 13 years exp. (6 salaries)	₹2.1 L/yr - ₹5.5 L/yr 80% less
ICICI Bank Forex Dealer Salary 0 - 8 years exp. (26 salaries)	₹8.9 L/yr - ₹30 L/yr 13% less
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Axis Bank Forex Dealer Salary 0 - 5 years exp. (3 salaries)	₹5 L/yr - ₹19.5 L/yr 34% less
State Bank of India Forex Dealer Salary 7 - 9 years exp. (5 salaries)	₹18 L/yr - ₹27 L/yr 2% more
Yes Bank Forex Dealer Salary 4 - 6 years exp. (3 salaries)	₹20 L/yr - ₹24 L/yr 2% more
Federal Bank Forex Dealer Salary 4 years exp. (3 salaries)	₹17 L/yr - ₹19.3 L/yr 16% less
IDBI Bank Forex Dealer Salary 1 - 11 years exp. (4 salaries)	₹12 L/yr - ₹18 L/yr 27% less
Union Bank of India Forex Dealer Salary 6 - 9 years exp. (4 salaries)	₹10 L/yr - ₹24.5 L/yr 20% less
Karur Vysya Bank Forex Dealer Salary 8 - 12 years exp. (4 salaries)	₹18 L/yr - ₹25 L/yr At par
Central Bank of India Forex Dealer Salary 7 - 12 years exp. (3 salaries)	₹12 L/yr - ₹28 L/yr 18% less
South Indian Bank Forex Dealer Salary 3 - 10 years exp. (3 salaries)	₹13 L/yr - ₹20 L/yr 18% less
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Forex Dealer salary at Kotak Mahindra Bank ranges between ₹18.8 Lakhs to ₹24 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

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Equity Dealer Salary

(4 salaries)

₹2.2 L/yr - ₹6.1 L/yr

Treasury Dealer Salary

(3 salaries)

₹8.5 L/yr - ₹13 L/yr

Chief Manager Salary

(877 salaries)

₹8.95 L/yr - ₹28 L/yr

Director Salary

(3 salaries)

₹51 L/yr - ₹94 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹26 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Solution Manager Salary

(4 salaries)

₹3.5 L/yr - ₹7 L/yr

Treasury Manager Salary

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₹7.92 L/yr - ₹12.15 L/yr

Senior Analyst Salary

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₹4.3 L/yr - ₹12.5 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Treasury Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Sep 2024

2.0

for Salary and Benefits

Likes

Work life balance is good as everyone is quite relaxed towards their job.

Job security - Excellent

+2 more

Dislikes

...across the bank, limiting scope for learning and growth compared to other banks. There is a matrix for KRAs however, the ratings and appraisal, including the variable pay are subjective.

Salary - Poor

+1 more

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

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Kotak Mahindra Bank Forex Dealer Salary FAQs

What is the notice period for Forex Dealer at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Forex Dealers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Forex Dealer Salaries

Kotak Mahindra Bank Forex Dealer salary in India ranges between ₹18.8 Lakhs to ₹24 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.