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Kotak Mahindra Bank

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3.8

based on 16.2k Reviews

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Indore
Finance & Accounting

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Kotak Mahindra Bank Finance & Accounting Department Salaries in Indore

based on 52 latest salaries
Designation Avg Annual Salary Open Jobs

Sales & Business Development Manager

2 years exp. · Indore (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

Senior Executive Officer

4 years exp. · Indore (AmbitionBox Estimate)
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₹2.7 L/yr - ₹2.9 L/yr

Operations Manager

6 years exp. · Indore (AmbitionBox Estimate)
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₹5.2 L/yr - ₹7 L/yr

Collections Executive

6 years exp. · Indore (AmbitionBox Estimate)
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₹2.8 L/yr - ₹3 L/yr

Sampler

2 years exp. · Indore (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.7 L/yr

Area Sales Manager

12 years exp. · Indore (AmbitionBox Estimate)
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₹12.9 L/yr - ₹17.3 L/yr

Regional Operations Manager

12 years exp. · Indore (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

Development Manager

2 years exp. · Indore (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Last Updated: 16 Jan, 2025

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New Job, Higher Pay, Now I’m Feeling Awkward
I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!
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Salary related reviews for Kotak Mahindra Bank

3.9

Rated by 16 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.

read more
  • 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.

read more
  • Job security - Good
    • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
    • +1 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.

read more
  • Skill development - Poor
    • +1 more

Sales Executive in Pune

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 25 Sep 2023
3.0
 for  Salary and Benefits

Likes

Kotak is the best work place for freshers or experience persons .good culture. I say that bcoz of I had experienced.

  • Job security - Good
    • +2 more

Dislikes

But we need to focus employee salary package. I say that bcoz I have 18000 in hand salary package monthly. I can't survive in this fast growing city. Don't take it personal that is my honest review😊

read more
  • Promotions - Poor

Credit Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 23 Sep 2023
1.0
 for  Salary and Benefits

Likes

Skill Development and Learning

  • Skill development - Good

Dislikes

No Work-Life balance,no Salary & Benefits,not happy with Promotions / Appraisal,no Work Satisfaction,I don't kwon Company Culture, but department culture is veridis happy

read more
  • Salary - Bad
    • +5 more
see more salary related reviews

Kotak Mahindra Bank interview questions by designations

Assistant Manager (147)Deputy Manager (103)Relationship Manager (59)Manager (23)
View all 974 interview experiences

Know more about Kotak Mahindra Bank Indore

More about working at Kotak Mahindra Bank
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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Mail Room Executive and ₹50 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 52 Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.9/5 stars.
What is the highest salary in Kotak Mahindra Bank?
The highest-paying job at Kotak Mahindra Bank is a Executive Vice President with a salary of ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14.06 lakhs per year. The top 1% earn more than a whopping ₹37.17 lakhs per year.
What is the minimum salary in Kotak Mahindra Bank?
Minimum salary at Kotak Mahindra Bank depends on the role you are applying for. For Associate the minimum salary is ₹1.2 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1.1 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra Bank?
The average salary at Kotak Mahindra Bank for freshers varies from ₹1.4 Lakh to ₹2.4 Lakhs per year for Sampler and ₹6 Lakhs to ₹17 Lakhs per year for Data Scientist.
What is the notice period at Kotak Mahindra Bank in Finance & Accounting Department in Indore?
According to AmbitionBox, 44% of the Kotak Mahindra Bank employees in Finance & Accounting Department in Indore reported a notice period of 1 Month, 38% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 125 responses on AmbitionBox in last 2 years.

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Average annual salary in Finance & Accounting department at Kotak Mahindra Bank , Indore is INRunlock blur . Salary estimates are based on 52 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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