Kotak Mahindra Bank Mumbai KYC Executive Salaries by 9 Employees (Updated 2024)

0 - 3 years exp.

₹1.8 Lakh - ₹3 Lakhs

Salary of majority employees

At par with the average KYC Executive Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading KYC Executive Salary 0 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹2.9 L/yr
Finance & Accounting KYC Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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Customer Success, Service & Operations KYC Executive Salary 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr

Last Updated: 1 May 2024

Companies similar to Kotak Mahindra Bank for KYC Executive in Mumbai

Kotak Mahindra Bank KYC Executive Salary

0 - 3 years exp. (9 salaries)

₹1.8 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank KYC Executive Salary 0 - 5 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 18% less
State Bank of India KYC Executive Salary 2 - 5 years exp. (3 salaries)	₹1 L/yr - ₹1.6 L/yr 43% less
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IDBI Bank KYC Executive Salary 0 - 5 years exp. (3 salaries)	₹0.6 L/yr - ₹4.5 L/yr 16% more
SBI Securities KYC Executive Salary 1 - 8 years exp. (33 salaries)	₹1.4 L/yr - ₹3.5 L/yr 5% less
SAMCO Securities KYC Executive Salary 0 - 6 years exp. (12 salaries)	₹1.5 L/yr - ₹2.5 L/yr 23% less

KYC Executive salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank KYC Executive salaries in Mumbai

Last Updated: 1 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹4 L/yr
1 year (3 salaries)	₹1.8 L/yr - ₹4.3 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.6 L/yr
3 years (3 salaries)	₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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(3.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Sales Executive Salary

(180 salaries)

₹1.05 L/yr - ₹5 L/yr

MIS Executive Salary

(123 salaries)

₹1.4 L/yr - ₹3.92 L/yr

Operations Executive Salary

(87 salaries)

₹1.45 L/yr - ₹3.6 L/yr

Back Office Executive Salary

(87 salaries)

₹1.1 L/yr - ₹3.2 L/yr

Team Lead Salary

(82 salaries)

₹1.8 L/yr - ₹9 L/yr

Senior Associate Salary

(22 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Analyst Salary

(9 salaries)

₹8.28 L/yr - ₹13 L/yr

Customer Care Executive Salary

(9 salaries)

₹1.8 L/yr - ₹4 L/yr

Salary related reviews for Kotak Mahindra Bank

Operations Manager in Goregaon

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

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Dislikes

Salary, promortion - these are the worst over here.

Deputy Manager in Vadodara

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.

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.

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

2 participants . expiring in 2w

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Kotak Mahindra Bank KYC Executive Salary FAQs

What is the salary of KYC Executive at Kotak Mahindra Bank Mumbai?

KYC Executive salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.8 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 4% more than the average KYC Executive Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a KYC Executive at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?

The average salary of a KYC Executive at Kotak Mahindra Bank is 4% more than the average salary of a KYC Executive in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a KYC Executive in Mumbai?

IDBI Bank KYC Executive Salary - ₹0.6 Lakhs to ₹4.5 Lakhs per year

What is the salary of a KYC Executive in companies similar to Kotak Mahindra Bank in Mumbai?

SBI Securities KYC Executive Salary - ₹1.4 Lakhs to ₹3.5 Lakhs per year
Axis Bank KYC Executive Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
SAMCO Securities KYC Executive Salary - ₹1.5 Lakhs to ₹2.5 Lakhs per year
State Bank of India KYC Executive Salary - ₹1.0 Lakhs to ₹1.6 Lakhs per year

What is the estimated take home salary of a KYC Executive at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a KYC Executive at Kotak Mahindra Bank ranges between ₹17,276 per month to ₹18,980 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank KYC Executive salary in India which ranges between ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for KYC Executive at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank KYC Executives in Mumbai reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank KYC Executive Salaries in Mumbai

Kotak Mahindra Bank KYC Executive salary in Mumbai ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.