Kotak Mahindra Bank Pune Junior Associate Salaries by 40+ Employees (Updated 2025)

0 - 6 years exp.

₹1 Lakh - ₹4 Lakhs

Salary of majority employees

19% 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 - 4 years exp. (11 salaries)	₹1.8 L/yr - ₹3.5 L/yr
Finance & Accounting Junior Associate Salary 0 - 6 years exp. (10 salaries)	₹1.8 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Junior Associate Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹2.8 L/yr
BFSI, Investments & Trading Junior Associate Salary 1 - 6 years exp. (4 salaries)	₹2.8 L/yr - ₹3.8 L/yr
Marketing & Communication Junior Associate Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.9 L/yr

Last Updated: 19 Mar 2025

Companies similar to Kotak Mahindra Bank for Junior Associate in Pune

Kotak Mahindra Bank Junior Associate Salary

0 - 6 years exp. (48 salaries)

₹1 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Affinity Express Junior Associate Salary 0 - 5 years exp. (101 salaries)	₹2 L/yr - ₹6.5 L/yr 62% more
Synechron Junior Associate Salary 0 - 3 years exp. (65 salaries)	₹2.9 L/yr - ₹5.7 L/yr 75% more
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Western Union Junior Associate Salary 2 - 6 years exp. (57 salaries)	₹8 L/yr - ₹15.2 L/yr 381% more
GKN Fokker Elmo India Junior Associate Salary 2 - 5 years exp. (45 salaries)	₹2.2 L/yr - ₹4.5 L/yr 38% more
WNS Junior Associate Salary 0 - 3 years exp. (40 salaries)	₹1.2 L/yr - ₹4 L/yr 10% 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 48 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Junior Associate salaries in Pune

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
Fresher (7 salaries)	₹1.5 L/yr - ₹3 L/yr
1 year (10 salaries)	₹1.6 L/yr - ₹3.5 L/yr
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2 years (9 salaries)	₹2 L/yr - ₹3.8 L/yr
3 years (8 salaries)	₹1 L/yr - ₹3.5 L/yr
4 years (8 salaries)	₹1.8 L/yr - ₹4 L/yr
5 years (4 salaries)	₹2 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

View all

From

Junior Associate

₹

Lakhs/yr

0 - 7 years exp.

Deputy Manager

₹

Lakhs/yr

0 - 13 years exp.

Junior Associate 0 - 7 years exp.

Assistant Manager 0 - 9 years exp.

37% hike

Deputy Manager 0 - 13 years exp.

44% hike

From

View 3 more levels

Junior Associate

0 - 7 years exp.

Regional Sales Manager

13 - 21 years exp.

From

View 4 more levels

Junior Associate

0 - 7 years exp.

Senior Regional Business Manager

Salary unavailable

From

View 2 more levels

Junior Associate

0 - 7 years exp.

Regional Asset Manager

15 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(836 salaries)

₹1.75 L/yr - ₹7.5 L/yr

Accountant Salary

(3 salaries)

₹2.3 L/yr - ₹3.25 L/yr

Senior Associate Salary

(3 salaries)

₹1.4 L/yr - ₹2.4 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

3.2

Rated by 11 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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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Junior Associate Salary FAQs

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

The average salary of a Junior Associate at Kotak Mahindra Bank in Pune typically ranges from ₹1.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Junior Associate in Pune at Kotak Mahindra Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Junior Associate Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 40+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Junior Associate at Kotak Mahindra Bank in Pune typically ranges from ₹18,034 to ₹19,727 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 40+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Junior Associate at Kotak Mahindra Bank in Pune?

To be a Junior Associate at Kotak Mahindra Bank in Pune, the key skills required include:

- Credit Risk Analysis
- Credit Rating
- Risk Analytics

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Junior Associate in India?

Western Union	₹8.0 Lakhs to ₹15.2 Lakhs per year
Synechron	₹2.9 Lakhs to ₹5.7 Lakhs per year
Affinity Express	₹2.0 Lakhs to ₹6.5 Lakhs per year
GKN Fokker Elmo India	₹2.2 Lakhs to ₹4.5 Lakhs per year
WNS	₹1.2 Lakhs to ₹4.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

How the salary growth look like for a Junior Associate at Kotak Mahindra Bank in Pune?

The salary growth for a Junior Associate at Kotak Mahindra Bank in Pune depends on factors such as experience, performance, and promotions. On average, a Junior Associate in Pune can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
Fresher	₹1.5 Lakhs to ₹3.0 Lakhs per year
1 year	₹1.6 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹1.0 Lakhs to ₹3.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Junior Associate Salaries in Pune

Kotak Mahindra Bank Junior Associate salary in Pune ranges between ₹1 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

Companies similar to Kotak Mahindra Bank for Junior Associate in Pune

Latest annual salaries shared by Kotak Mahindra Bank Junior Associate in Pune

Experience wise Kotak Mahindra Bank Junior Associate salaries in Pune

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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