Kotak Mahindra Bank Mumbai Investment Counsellor Salaries by 6 Employees (Updated 2025)

8 - 19 years exp.

₹10 Lakhs - ₹25 Lakhs

Salary of majority employees

11% more than the average Investment Counsellor Salary in Banking Companies for 8 - 19 years of experience

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Salaries in different departments

Sales & Business Development Investment Counsellor Salary 16 - 19 years exp. (4 salaries)	₹13.2 L/yr - ₹25 L/yr
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BFSI, Investments & Trading Investment Counsellor Salary 10 years exp. (AmbitionBox Estimate)	₹10.4 L/yr - ₹24 L/yr

Last Updated: 11 Jan 2024

Companies similar to Kotak Mahindra Bank for Investment Counsellor in Mumbai

Kotak Mahindra Bank Investment Counsellor Salary

8 - 19 years exp. (6 salaries)

₹10 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Investment Counsellor Salary 8 - 18 years exp. (5 salaries)	₹17.8 L/yr - ₹38 L/yr 19% more
IIFL Finance Investment Counsellor Salary 2 - 14 years exp. (3 salaries)	₹8.5 L/yr - ₹20 L/yr 33% less
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InCred Wealth Investment Counsellor Salary 5 - 6 years exp. (3 salaries)	₹12.9 L/yr - ₹13 L/yr 31% less

Investment Counsellor salary at Kotak Mahindra Bank ranges between ₹10 Lakhs to ₹25 Lakhs per year for employees with experience between 8 years to 19 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Investment Counsellor salaries in Mumbai

Last Updated: 11 Jan 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹24.4 L/yr
9 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr
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10 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹28.1 L/yr
11 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.1 L/yr
12 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
13 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.5 L/yr
14 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.7 L/yr
15+ years (4 salaries)	₹22 L/yr - ₹25 L/yr

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Top skills at Kotak Mahindra Bank for Investment Counsellor

Banking Wealth Management

Salary related reviews for Kotak Mahindra Bank

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

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Salary - Poor

+4 more

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

Service Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2024

1.0

for Salary and Benefits

Likes

All process al very smooth and cooperative staff

Skill development - Excellent

+4 more

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

Salary - Bad

+1 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Investment Counsellor Salary FAQs

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

Investment Counsellor salary at Kotak Mahindra Bank in Mumbai ranges between ₹10.0 Lakhs to ₹25.0 Lakhs for experience between 8 years to 19 years. According to our estimates it is 11% more than the average Investment Counsellor Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Investment Counsellor at Kotak Mahindra Bank is 11% more than the average salary of a Investment Counsellor in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Investment Counsellor at Kotak Mahindra Bank?

Banking and Wealth Management are some of the popular skills required to work as a Investment Counsellor at Kotak Mahindra Bank Mumbai.

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

Axis Bank Investment Counsellor Salary - ₹17.8 Lakhs to ₹38.0 Lakhs per year

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

InCred Wealth Investment Counsellor Salary - ₹12.9 Lakhs to ₹13.0 Lakhs per year
IIFL Finance Investment Counsellor Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year

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

The estimated take-home salary of a Investment Counsellor at Kotak Mahindra Bank ranges between ₹1,24,741 per month to ₹1,28,629 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Investment Counsellor salary in India which ranges between ₹10.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 8 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Investment Counsellor at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Investment Counsellors in Mumbai reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Investment Counsellor Salaries in Mumbai

Kotak Mahindra Bank Investment Counsellor salary in Mumbai ranges between ₹10 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.