Kotak Mahindra Bank Mumbai IT Officer Salaries by 2 Employees (Updated 2025)

6 - 8 years exp.

₹5 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 3 May 2024

Companies similar to Kotak Mahindra Bank for IT Officer in Mumbai

Kotak Mahindra Bank IT Officer Salary

6 - 8 years exp. (AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Officer Salary 0 - 4 years exp. (94 salaries)	₹1.8 L/yr - ₹3.8 L/yr 52% less
RBL Bank IT Officer Salary 1 - 3 years exp. (3 salaries)	₹2.3 L/yr - ₹2.8 L/yr 56% less
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Bank of Baroda IT Officer Salary 0 - 6 years exp. (5 salaries)	₹8.5 L/yr - ₹12 L/yr 112% more
Kansai Nerolac Paints IT Officer Salary 1 - 5 years exp. (15 salaries)	₹4 L/yr - ₹6 L/yr 10% less
Bank of India IT Officer Salary 3 - 8 years exp. (13 salaries)	₹6 L/yr - ₹12 L/yr 73% more

IT Officer salary at Kotak Mahindra Bank ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

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Salary related reviews for Kotak Mahindra Bank

Senior Associate in Mumbai

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.

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

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

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

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.

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.

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.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank IT Officer Salary FAQs

What is the notice period for IT Officer at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank IT Officers in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank IT Officer Salaries in Mumbai

Kotak Mahindra Bank IT Officer salary in Mumbai ranges between ₹5 Lakhs to ₹6.3 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.