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Kotak Mahindra Bank Salaries in Indore (Updated 2025)

based on 432 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Finance & Accounting Customer Success, Service & Operations + 6 more
Designation Avg Annual Salary Open Jobs
3 - 14 years exp. · Indore (38 salaries)
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₹4.5 L/yr - ₹10.5 L/yr

8 - 20 years exp. · Indore (32 salaries)
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₹8.8 L/yr - ₹20 L/yr

1 job opening
1 - 12 years exp. · Indore (27 salaries)
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₹1.8 L/yr - ₹9.5 L/yr

6 - 12 years exp. · Indore (17 salaries)
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₹4.5 L/yr - ₹9.4 L/yr

Starting your career? Discover Kotak Mahindra Bank fresher salaries in India
0 - 9 years exp. · Indore (13 salaries)
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₹6.5 L/yr - ₹9.5 L/yr

1 - 4 years exp. · Indore (10 salaries)
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₹1.8 L/yr - ₹4 L/yr

1 - 8 years exp. · Indore (9 salaries)
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₹6.7 L/yr - ₹15 L/yr

0 - 10 years exp. · Indore (9 salaries)
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₹4.8 L/yr - ₹13 L/yr

2 job openings
9 - 16 years exp. · Indore (9 salaries)
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₹12.6 L/yr - ₹17 L/yr

4 - 9 years exp. · Indore (8 salaries)
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₹4 L/yr - ₹8 L/yr

1 - 6 years exp. · Indore (7 salaries)
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₹1.7 L/yr - ₹3.2 L/yr

0 - 4 years exp. · Indore (7 salaries)
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₹2.1 L/yr - ₹3.9 L/yr

9 - 15 years exp. · Indore (6 salaries)
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₹12.5 L/yr - ₹16 L/yr

5 - 8 years exp. · Indore (6 salaries)
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₹8.9 L/yr - ₹13 L/yr

1 - 5 years exp. · Indore (6 salaries)
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₹2.3 L/yr - ₹3.6 L/yr

4 - 9 years exp. · Indore (6 salaries)
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₹6.8 L/yr - ₹11 L/yr

2 - 6 years exp. · Indore (6 salaries)
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₹2.4 L/yr - ₹3 L/yr

0 - 8 years exp. · Indore (5 salaries)
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₹3.3 L/yr - ₹4.3 L/yr

5 - 10 years exp. · Indore (5 salaries)
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₹3.4 L/yr - ₹8.1 L/yr

3 - 5 years exp. · Indore (4 salaries)
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₹3.4 L/yr - ₹4 L/yr

Last Updated: 1 Apr, 2025

What people are saying about Kotak Mahindra Bank

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malleshkuruva
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Kotak Mahindra Bank
I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.
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Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 185 employees for salary & benefits

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

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  • 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

read more
  • Job security - Bad
  • +2 more

CBRL Department

4.0
  •  posted on 29 Jan 2020

2.0
 for  Salary and Benefits

Likes

...arted a Carrier fare in which now M1 grade staff will also be able to earn more. Though salary is very less and no conveyance expenses are given to staff.

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  • Skill development - Excellent
  • +3 more

Dislikes

I would like to add some points for this: 1- growth 2- conveyance expenses not given 3- they give too low package to staff coming from out of location.

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  • Salary - Poor
  • +2 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 24 Mar 2025

2.0
 for  Salary and Benefits

Likes

On time salary

  • Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

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  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 18 Mar 2025

2.0
 for  Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

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  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Mar 2025

4.0
 for  Salary and Benefits

Likes

Salary, Skill Development, promotions.

  • Salary - Good
  • +3 more

Dislikes

Managers who are not following the company policy. Too much process in account opening and POS. Customer funds are getting hold in the individual current accounts for like 12 months or 13 months. Ridiculous. Worst service provider to the customers. The bank is giving priority to sales only. Not for service.

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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay to its employees?
The average annual salary at Kotak Mahindra Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Kotak Mahindra Bank, are as follows:

Brach Operation Manager ₹4.5 Lakhs to ₹10.5 Lakhs per year
Branch Manager ₹8.8 Lakhs to ₹20 Lakhs per year
Sales Manager ₹1.8 Lakhs to ₹9.5 Lakhs per year
Branch Sales Manager ₹4.5 Lakhs to ₹9.4 Lakhs per year

The highest-paying role, Executive Vice President, earns between ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14.3 Lakhs per year, and the top 1% earn over ₹38.5 Lakhs per year. 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 salary estimates are based on data from 432 salaries submitted by Kotak Mahindra Bank employees. Kotak Mahindra Bank is rated 3.5 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Kotak Mahindra Bank in Indore?
The salary of a fresher at Kotak Mahindra Bank in Indore typically ranges from ₹1 Lakh to ₹17 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Deputy Manager Salary ₹2 Lakhs to ₹7 Lakhs per year
Fresher as a Relationship Manager Salary ₹1.8 Lakhs to ₹9 Lakhs per year
Fresher as a Service Officer Salary ₹1.9 Lakhs to ₹4 Lakhs per year
Fresher as a Assistant Acquisition Manager Salary ₹1.7 Lakhs to ₹3.5 Lakhs per year

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Average annual salary in Kotak Mahindra Bank , Indore is INRunlock blur . Salary estimates are based on 400+ Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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