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BFSI, Investments & Trading

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Kotak Mahindra Bank BFSI, Investments & Trading Department Salaries in Jamnagar

based on 6 latest salaries
Designation Avg Annual Salary Open Jobs
7 - 10 years exp. · Jamnagar (3 salaries)
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₹9.5 L/yr - ₹10.4 L/yr

15 - 16 years exp. · Jamnagar (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.5 L/yr

8 years exp. · Jamnagar (AmbitionBox Estimate)
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₹6 L/yr - ₹9.6 L/yr

Last Updated: 22 Nov, 2024

Salary related reviews for Kotak Mahindra Bank

3.6

Rated by 7 employees for salary & benefits

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

 · 

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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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 06 Nov 2024

1.0
 for  Salary and Benefits

Likes

There is no work pressure its harmful for your future

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Sep 2024

2.0
 for  Salary and Benefits

Likes

Work life balance is good as everyone is quite relaxed towards their job.

Dislikes

...across the bank, limiting scope for learning and growth compared to other banks. There is a matrix for KRAs however, the ratings and appraisal, including the variable pay are subjective.

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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.

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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.

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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Mail Room Executive and ₹55 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 6 Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in Kotak Mahindra Bank?
The highest-paying job at Kotak Mahindra Bank is a Executive Vice President with a salary of ₹55 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year.
What is the minimum salary in Kotak Mahindra Bank?
Minimum salary at Kotak Mahindra Bank depends on the role you are applying for. For Associate the minimum salary is ₹1 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1.1 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra Bank?
The average salary at Kotak Mahindra Bank for freshers varies from ₹1.4 Lakh to ₹2.4 Lakhs per year for Sampler and ₹12 Lakhs to ₹17 Lakhs per year for Data Scientist.
What is the notice period at Kotak Mahindra Bank in BFSI, Investments & Trading Department in Jamnagar?
According to AmbitionBox, 80% of the Kotak Mahindra Bank employees in BFSI, Investments & Trading Department in Jamnagar reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Kotak Mahindra Bank , Jamnagar is INRunlock blur . Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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