Kotak Mahindra Bank Mumbai Investment Banking Associate Salaries by 5 Employees (Updated 2025)

1 - 4 years exp.

₹20 Lakhs - ₹38.8 Lakhs

Salary of majority employees

72% more than the average Investment Banking Associate Salary in Banking Companies for 1 - 4 years of experience

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Last Updated: 13 Aug 2024

Companies similar to Kotak Mahindra Bank for Investment Banking Associate in Mumbai

Kotak Mahindra Bank Investment Banking Associate Salary

1 - 4 years exp. (5 salaries)

₹20 L/yr - ₹38.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Investment Banking Associate Salary 0 - 7 years exp. (20 salaries)	₹16 L/yr - ₹30 L/yr 24% less
ICICI Bank Investment Banking Associate Salary 3 - 7 years exp. (5 salaries)	₹10 L/yr - ₹25 L/yr 30% less
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JPMorgan Chase & Co. Investment Banking Associate Salary 2 - 7 years exp. (88 salaries)	₹20 L/yr - ₹49 L/yr 15% more
SBI Capital Markets Investment Banking Associate Salary 0 - 5 years exp. (28 salaries)	₹12 L/yr - ₹18.4 L/yr 45% less
Accenture Investment Banking Associate Salary 0 - 5 years exp. (22 salaries)	₹2.6 L/yr - ₹6.6 L/yr 87% less

Investment Banking Associate salary at Kotak Mahindra Bank ranges between ₹20 Lakhs to ₹38.8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Investment Banking Associate salaries in Mumbai

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹20 L/yr - ₹41.1 L/yr
2 years (3 salaries)	₹20 L/yr - ₹50.7 L/yr
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3 years (AmbitionBox Estimate)	₹30.1 L/yr - ₹38.5 L/yr
4 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹60 L/yr

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Process Associate Salary

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Senior Analyst Salary

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Salary related reviews for Kotak Mahindra Bank

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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Kotak Mahindra Bank Investment Banking Associate Salary FAQs

What is the salary of Investment Banking Associate at Kotak Mahindra Bank Mumbai?

Investment Banking Associate salary at Kotak Mahindra Bank in Mumbai ranges between ₹20.0 Lakhs to ₹38.8 Lakhs for experience between 1 years to 4 years. According to our estimates it is 72% more than the average Investment Banking Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a Investment Banking Associate at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?

The average salary of a Investment Banking Associate at Kotak Mahindra Bank is 72% more than the average salary of a Investment Banking Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Investment Banking Associate in Mumbai?

JPMorgan Chase & Co. Investment Banking Associate Salary - ₹20.0 Lakhs to ₹49.0 Lakhs per year

What is the salary of a Investment Banking Associate in companies similar to Kotak Mahindra Bank in Mumbai?

HDFC Bank Investment Banking Associate Salary - ₹16.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Investment Banking Associate Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
SBI Capital Markets Investment Banking Associate Salary - ₹12.0 Lakhs to ₹18.4 Lakhs per year
Accenture Investment Banking Associate Salary - ₹2.6 Lakhs to ₹6.6 Lakhs per year

What is the estimated take home salary of a Investment Banking Associate at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Investment Banking Associate at Kotak Mahindra Bank ranges between ₹1,75,211 per month to ₹1,81,996 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Investment Banking Associate salary in India which ranges between ₹20.0 Lakhs to ₹38.8 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

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Kotak Mahindra Bank Investment Banking Associate Salaries in Mumbai

Kotak Mahindra Bank Investment Banking Associate salary in Mumbai ranges between ₹20 Lakhs to ₹38.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Investment Banking Associate salaries in Mumbai

Companies similar to Kotak Mahindra Bank for Investment Banking Associate in Mumbai

Latest annual salaries shared by Kotak Mahindra Bank Investment Banking Associate in Mumbai

Experience wise Kotak Mahindra Bank Investment Banking Associate salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

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 Investment Banking Associate Salary FAQs

Tell us how to improve this page.