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

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₹14.4 Lakhs - ₹18.4 Lakhs

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Last Updated: 14 Mar 2023

Companies similar to Kotak Mahindra Bank for Forex Dealer in Mumbai

Kotak Mahindra Bank Forex Dealer Salary

10 years exp. (AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Forex Dealer Salary 0 - 8 years exp. (22 salaries)	₹10 L/yr - ₹23.3 L/yr 9% more
State Bank of India Forex Dealer Salary 7 - 9 years exp. (5 salaries)	₹18 L/yr - ₹27 L/yr 40% more
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Yes Bank Forex Dealer Salary 4 - 6 years exp. (3 salaries)	₹20 L/yr - ₹24 L/yr 38% more
Federal Bank Forex Dealer Salary 4 years exp. (3 salaries)	₹17 L/yr - ₹19.3 L/yr 13% more
IDBI Bank Forex Dealer Salary 1 - 11 years exp. (4 salaries)	₹12 L/yr - ₹18 L/yr At par
Union Bank of India Forex Dealer Salary 6 - 9 years exp. (4 salaries)	₹10 L/yr - ₹24.5 L/yr 7% more
Karur Vysya Bank Forex Dealer Salary 8 - 12 years exp. (4 salaries)	₹18 L/yr - ₹25 L/yr 34% more
Central Bank of India Forex Dealer Salary 7 - 12 years exp. (3 salaries)	₹12 L/yr - ₹28 L/yr 10% more
South Indian Bank Forex Dealer Salary 3 - 10 years exp. (3 salaries)	₹13 L/yr - ₹20 L/yr 10% more

Forex Dealer salary at Kotak Mahindra Bank ranges between ₹14.4 Lakhs to ₹18.4 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindra Bank.

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Treasury Manager Salary

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Director Salary

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Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

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

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

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2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank Forex Dealer Salaries in Mumbai

Kotak Mahindra Bank Forex Dealer salary in Mumbai ranges between ₹14.4 Lakhs to ₹18.4 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Forex Dealer salaries in Mumbai

Companies similar to Kotak Mahindra Bank for Forex Dealer in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Deputy Vice President in Indore

Treasury Manager in New Delhi

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

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