Kotak Mahindra Bank Junior Associate Salaries by 800+ Employees (Updated 2025)

0 - 6 years exp.

₹1 Lakh - ₹4 Lakhs

Salary of majority employees

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33% less than the average Junior Associate Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development Junior Associate Salary 0 - 6 years exp. (186 salaries)	Unlock ₹1 L/yr - ₹4 L/yr
Customer Success, Service & Operations Junior Associate Salary 0 - 6 years exp. (140 salaries)	Unlock ₹1.2 L/yr - ₹3.5 L/yr
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Finance & Accounting Junior Associate Salary 0 - 6 years exp. (119 salaries)	Unlock ₹1.2 L/yr - ₹3.8 L/yr
BFSI, Investments & Trading Junior Associate Salary 0 - 6 years exp. (84 salaries)	Unlock ₹1.1 L/yr - ₹3.8 L/yr
Marketing & Communication Junior Associate Salary 0 - 6 years exp. (25 salaries)	Unlock ₹1.7 L/yr - ₹3.2 L/yr

Last Updated: 5 Mar 2025

Companies similar to Kotak Mahindra Bank for Junior Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Junior Associate Salary 1 - 2 years exp. (5 salaries)	Unlock ₹1.7 L/yr - ₹4.8 L/yr 3% less
ICICI Bank Junior Associate Salary 0 - 6 years exp. (21 salaries)	Unlock ₹1.2 L/yr - ₹2.6 L/yr 22% less
Login to view exact salary
Axis Bank Junior Associate Salary 0 - 4 years exp. (12 salaries)	Unlock ₹2 L/yr - ₹3 L/yr At par
State Bank of India Junior Associate Salary 0 - 6 years exp. (54 salaries)	Unlock ₹3 L/yr - ₹7.2 L/yr 102% more
IndusInd Bank Junior Associate Salary 3 - 7 years exp. (4 salaries)	Unlock ₹2.3 L/yr - ₹3.3 L/yr 8% more
Federal Bank Junior Associate Salary 2 - 5 years exp. (7 salaries)	Unlock ₹1.8 L/yr - ₹8 L/yr 79% more
Punjab National Bank Junior Associate Salary 2 - 4 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹6.1 L/yr 103% more
South Indian Bank Junior Associate Salary 0 - 7 years exp. (11 salaries)	Unlock ₹4 L/yr - ₹6.7 L/yr 96% more
City Union Bank Junior Associate Salary 0 - 1 year exp. (5 salaries)	Unlock ₹3 L/yr - ₹4 L/yr 27% more
Central Bank of India Junior Associate Salary 1 - 5 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹4.5 L/yr 52% more

Junior Associate salary at Kotak Mahindra Bank ranges between ₹1 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 834 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Junior Associate

3d ago

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1 year exp.

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4 years exp.

5d ago

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2 years exp.

1w ago

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5 years exp.

1w ago

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5 years exp.

2w ago

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6 years exp.

2w ago

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2 years exp.

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2 years exp.

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2 years exp.

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3 years exp.

Experience wise Kotak Mahindra Bank Junior Associate salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
Fresher (105 salaries)	Unlock ₹1.4 L/yr - ₹3.1 L/yr
1 year (230 salaries)	Unlock ₹1 L/yr - ₹3.6 L/yr
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2 years (197 salaries)	Unlock ₹1.1 L/yr - ₹3.8 L/yr
3 years (129 salaries)	Unlock ₹1 L/yr - ₹4 L/yr
4 years (92 salaries)	Unlock ₹1.5 L/yr - ₹4 L/yr
5 years (49 salaries)	Unlock ₹1.6 L/yr - ₹3.5 L/yr
6 years (32 salaries)	Unlock ₹2 L/yr - ₹4 L/yr

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From

Junior Associate

₹

Lakhs/yr

0 - 6 years exp.

Regional Sales Manager

₹

Lakhs/yr

12 - 21 years exp.

Junior Associate 0 - 6 years exp.

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Relationship Manager 0 - 12 years exp.

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139% hike

Branch Manager 7 - 20 years exp.

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164% hike

From

2 more levels

Junior Associate

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0 - 6 years exp.

Regional Asset Manager

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15 - 17 years exp.

View 2 more career paths

From

1 more level

Junior Associate

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0 - 6 years exp.

Deputy Manager

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0 - 13 years exp.

From

4 more levels

Junior Associate

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0 - 6 years exp.

Senior Regional Business Manager

Salary unavailable

Similar Designation salaries in Kotak Mahindra Bank

Senior Associate Salary

(119 salaries)

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₹1.4 L/yr - ₹4 L/yr

Process Associate Salary

(55 salaries)

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₹1.2 L/yr - ₹3.3 L/yr

Audit Assistant Salary

(5 salaries)

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₹0.6 L/yr - ₹2.65 L/yr

Senior Analyst Salary

(10 salaries)

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₹4.3 L/yr - ₹12.5 L/yr

Account Assistant Salary

(23 salaries)

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₹2 L/yr - ₹4.4 L/yr

Analyst Salary

(26 salaries)

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₹2.41 L/yr - ₹12 L/yr

Accountant Salary

(67 salaries)

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₹1.55 L/yr - ₹4.6 L/yr

Finance Executive Salary

(117 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

Financial Analyst Salary

(13 salaries)

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₹1.6 L/yr - ₹9.7 L/yr

Deputy Manager Salary

(11.3k salaries)

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₹1.65 L/yr - ₹8.2 L/yr

Top skills at Kotak Mahindra Bank for Junior Associate

Credit Risk Analysis Credit Rating Risk Analytics

Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 221 employees for salary & benefits

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Salary - Excellent

+6 more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Skill development - Excellent

+3 more

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

Salary - Bad

+1 more

Junior Associate in Surat

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Nov 2023

1.0

for Salary and Benefits

Likes

I like about salary credit on every month last date.

Dislikes

I work in Kotak Mahindra Bank Credit Card Sales Department. Higher officials give unnecessary pressure to Telecaller for sales. They follow up every two hour in a day for sales. Because of this many of Telecaller is suffering from migrane, headache, etc.

Salary - Bad

+6 more

Junior Associate in Mumbai

Full Time

Human Resources Department

4.0

• posted on 13 Apr 2022

3.0

for Salary and Benefits

Likes

Amazing work culture and everyone is helpful. Best thing is everyone right from Juniors/ Freshers can communicate easily with the heads. Down to earth people

Job security - Excellent

+1 more

Dislikes

Compensation part is something I wish we can get according to the work we are assigned.

Junior Associate in Mumbai

Contractual

BFSI, Investments & Trading Department

1.0

• posted on 13 Nov 2023

1.0

for Salary and Benefits

Likes

...ke holiday if not come on Sat as well. Grade -D0 is not recommendable to join. Otherwise all good salary comes on time But incentive gets delayed for months

Dislikes

Everything is just worst at DO level you don't get any celebration or nothing you just have to work work work all the days

Salary - Bad

+5 more

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Kotak Mahindra Bank Junior Associate Salary FAQs

What is the salary of Junior Associate at Kotak Mahindra Bank?

Junior Associate salary at Kotak Mahindra Bank in India ranges between ₹1.0 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 33% less than the average Junior Associate Salary in India. Salary estimates are based on 834 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Junior Associate at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Junior Associate at Kotak Mahindra Bank is 33% less than the average salary of a Junior Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Junior Associate at Kotak Mahindra Bank?

Credit Risk Analysis, Credit Rating and Risk Analytics are some of the popular skills required to work as a Junior Associate at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Junior Associate in India?

Punjab National Bank Junior Associate Salary - ₹4.5 Lakhs to ₹6.1 Lakhs per year
State Bank of India Junior Associate Salary - ₹3.0 Lakhs to ₹7.2 Lakhs per year
South Indian Bank Junior Associate Salary - ₹4.0 Lakhs to ₹6.7 Lakhs per year
Federal Bank Junior Associate Salary - ₹1.8 Lakhs to ₹8.0 Lakhs per year
Central Bank of India Junior Associate Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Junior Associate in companies similar to Kotak Mahindra Bank in India?

City Union Bank Junior Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
IndusInd Bank Junior Associate Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
Axis Bank Junior Associate Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
HDFC Bank Junior Associate Salary - ₹1.7 Lakhs to ₹4.8 Lakhs per year
ICICI Bank Junior Associate Salary - ₹1.2 Lakhs to ₹2.6 Lakhs per year

What is the estimated take home salary of a Junior Associate at Kotak Mahindra Bank in India?

The estimated take-home salary of a Junior Associate at Kotak Mahindra Bank ranges between ₹17,704 per month to ₹19,402 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Junior Associate salary in India which ranges between ₹1.0 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Junior Associate at Kotak Mahindra Bank?

According to AmbitionBox, 74% of the Kotak Mahindra Bank Junior Associates reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 1.1k responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Junior Associate Salaries by Location

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Kotak Mahindra Bank Junior Associate Salaries

Kotak Mahindra Bank Junior Associate salary in India ranges between ₹1 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 834 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Junior Associate salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Junior Associate

Latest annual salaries shared by Kotak Mahindra Bank Junior Associate

Experience wise Kotak Mahindra Bank Junior Associate salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Junior Associate

Salary related reviews for Kotak Mahindra Bank

Junior Associate in Thane

Junior Associate in Coimbatore

Junior Associate in Surat

Junior Associate in Mumbai

Junior Associate in Mumbai

Kotak Mahindra Bank Junior Associate Salary FAQs

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Kotak Mahindra Bank Junior Associate Salaries by Location