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Kotak Mahindra Bank IT Executive salaries in India

Annual salary range
1 - 3 years exp.
₹1.9 Lakh - ₹3.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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15% less than the average IT Executive Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations
IT Executive Salary
1 - 3 years exp. (3 salaries)
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₹3 L/yr - ₹3.5 L/yr

Engineering - Hardware & Networks
IT Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.1 L/yr

Last Updated: 20 Mar 2024

Companies similar to Kotak Mahindra Bank for IT Executive

Company name Avg Annual Salary Open Jobs
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HDFC Bank IT Executive Salary

1 - 6 years exp. (8 salaries)

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₹2.3 L/yr - ₹3.5 L/yr

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ICICI Bank IT Executive Salary

0 - 1 year exp. (4 salaries)

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₹3.3 L/yr - ₹5 L/yr

arrow icon 42% more
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Axis Bank IT Executive Salary

1 - 5 years exp. (4 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 8% more
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IndusInd Bank IT Executive Salary

1 - 3 years exp. (13 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 14% less
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Yes Bank IT Executive Salary

1 - 18 years exp. (3 salaries)

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₹1 L/yr - ₹3 L/yr

arrow icon 33% less
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IDFC FIRST Bank IT Executive Salary

1 - 5 years exp. (4 salaries)

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₹3 L/yr - ₹5.3 L/yr

arrow icon 30% more
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RBL Bank IT Executive Salary

2 - 10 years exp. (4 salaries)

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₹2.2 L/yr - ₹3 L/yr

arrow icon 15% less
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Bandhan Bank IT Executive Salary

0 - 5 years exp. (18 salaries)

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₹2 L/yr - ₹3.2 L/yr

arrow icon 13% less
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₹1.9 L/yr - ₹2.1 L/yr

arrow icon 33% less
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Union Bank of India IT Executive Salary

4 - 7 years exp. (4 salaries)

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₹6 L/yr - ₹10 L/yr

arrow icon 136% more
IT Executive salary at Kotak Mahindra Bank ranges between ₹1.9 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank IT Executive

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1 year exp.
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2 years exp.
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1 year exp.

Experience wise Kotak Mahindra Bank IT Executive salaries

Last Updated: 20 Mar 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr

Similar Designation salaries in Kotak Mahindra Bank

IT Manager Salary
(18 salaries)
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₹6.4 L/yr - ₹18.45 L/yr
Technical Lead Salary
(8 salaries)
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₹20.2 L/yr - ₹64 L/yr
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₹3.25 L/yr - ₹10.81 L/yr
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₹5.5 L/yr - ₹17 L/yr
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₹3.5 L/yr - ₹15 L/yr
Senior Associate Salary
(115 salaries)
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₹1.4 L/yr - ₹4.5 L/yr
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₹8.5 L/yr - ₹20.5 L/yr
Senior Analyst Salary
(14 salaries)
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₹4.3 L/yr - ₹16.82 L/yr
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₹9.01 L/yr - ₹22.2 L/yr
Technical Specialist Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 03 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job security

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

read more

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.

read 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.

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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.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024

2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

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Kotak Mahindra Bank IT Executive Salary FAQs

What is the salary of IT Executive at Kotak Mahindra Bank?
IT Executive salary at Kotak Mahindra Bank in India ranges between ₹1.9 Lakhs to ₹3.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 15% less than the average IT Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a IT Executive at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a IT Executive at Kotak Mahindra Bank is 15% less than the average salary of a IT Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a IT Executive in India?
  • Union Bank of India IT Executive Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
  • ICICI Bank IT Executive Salary - ₹3.3 Lakhs to ₹5.0 Lakhs per year
  • IDFC FIRST Bank IT Executive Salary - ₹3.0 Lakhs to ₹5.3 Lakhs per year
  • Axis Bank IT Executive Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
What is the salary of a IT Executive in companies similar to Kotak Mahindra Bank in India?
  • HDFC Bank IT Executive Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
  • Bandhan Bank IT Executive Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year
  • IndusInd Bank IT Executive Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
  • RBL Bank IT Executive Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
  • Utkarsh Small Finance Bank IT Executive Salary - ₹1.9 Lakhs to ₹2.1 Lakhs per year
What is the estimated take home salary of a IT Executive at Kotak Mahindra Bank in India?
The estimated take-home salary of a IT Executive at Kotak Mahindra Bank ranges between ₹21,337 per month to ₹22,981 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank IT Executive salary in India which ranges between ₹1.9 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
What is the notice period for IT Executive at Kotak Mahindra Bank?
According to AmbitionBox, 67% of the Kotak Mahindra Bank IT Executives reported a notice period of 1 Month, 33% reported a notice period of More than 3 months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank IT Executive salary in India ranges between ₹1.9 Lakh to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.