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Kotak Mahindra Bank Loan Executive salaries in India

Annual salary range
0 - 4 years exp.
₹1.6 Lakh - ₹2.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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At par with the average Loan Executive Salary in Banking Companies for 0 - 4 years of experience

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Last Updated: 15 Dec 2024

Companies similar to Kotak Mahindra Bank for Loan Executive

Company name Avg Annual Salary Open Jobs
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HDFC Bank Loan Executive Salary

1 - 5 years exp. (50 salaries)

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₹1.4 L/yr - ₹3.6 L/yr

arrow icon 1% more
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ICICI Bank Loan Executive Salary

0 - 5 years exp. (35 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 5% more
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Axis Bank Loan Executive Salary

0 - 6 years exp. (23 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

arrow icon 5% more
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IDFC FIRST Bank Loan Executive Salary

0 - 4 years exp. (19 salaries)

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₹1.3 L/yr - ₹3 L/yr

arrow icon 7% less
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Yes Bank Loan Executive Salary

2 - 4 years exp. (5 salaries)

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₹1.8 L/yr - ₹3.2 L/yr

arrow icon 6% more
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RBL Bank Loan Executive Salary

0 - 6 years exp. (5 salaries)

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₹1.9 L/yr - ₹3.3 L/yr

arrow icon 2% more
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Bandhan Bank Loan Executive Salary

0 - 4 years exp. (4 salaries)

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₹2.9 L/yr - ₹3.3 L/yr

arrow icon 27% more
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South Indian Bank Loan Executive Salary

0 - 4 years exp. (4 salaries)

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₹1.8 L/yr - ₹2.4 L/yr

arrow icon 13% less
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Bank of Baroda Loan Executive Salary

1 - 3 years exp. (4 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 12% less
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IndusInd Bank Loan Executive Salary

0 - 2 years exp. (3 salaries)

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₹2 L/yr - ₹2.8 L/yr

arrow icon 13% more
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₹2.8 L/yr - ₹4.5 L/yr

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Loan Executive salary at Kotak Mahindra Bank ranges between ₹1.6 Lakh to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Loan Executive

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2 years exp.
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4 years exp.
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Experience wise Kotak Mahindra Bank Loan Executive salaries

Last Updated: 15 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.6 L/yr - ₹3.9 L/yr
1 year  (3 salaries)

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₹1.9 L/yr - ₹2.5 L/yr
2 years  (3 salaries)

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₹1.9 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹4.6 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Finance Executive Salary
(114 salaries)
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₹1.2 L/yr - ₹4.2 L/yr
Sales Executive Salary
(799 salaries)
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₹1 L/yr - ₹5 L/yr
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₹1.9 L/yr - ₹4.85 L/yr
Team Lead Salary
(422 salaries)
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₹1.5 L/yr - ₹6.76 L/yr
Analyst Salary
(26 salaries)
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₹2.41 L/yr - ₹12 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹26 L/yr
Sales Officer Salary
(343 salaries)
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₹1.15 L/yr - ₹4.3 L/yr
Accountant Salary
(67 salaries)
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₹1.55 L/yr - ₹4.6 L/yr
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₹2.1 L/yr - ₹9.6 L/yr
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₹2 L/yr - ₹4.4 L/yr

Salary related reviews for Kotak Mahindra Bank

4.9

Rated by 2 employees for salary & benefits

5.0
  •  posted on 04 Apr 2019

3.0
 for  Salary and Benefits

Likes

Overall good,

  • Skill development - Good
  • +5 more

Dislikes

Compensation is decent,but growth is slow. The work pressure is very very high. Sometimes I have to work 15 hours in a day as I have to attend client calls in the evening and sometimes late into the night. There is no on-job training for Freshers, hence senior floks like me have to guide them step-by which is a pain sometimes.

read more

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • Skill development - Good
  • +1 more

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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

  • Job security - Good

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.

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  • Salary - Poor
  • +4 more

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.

  • Work-life balance - Good

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.

read more
  • Skill development - Poor
  • +1 more
see more salary related reviews

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Kotak Mahindra Bank Loan Executive Salary FAQs

What is the salary of Loan Executive at Kotak Mahindra Bank ?
The average salary of a Loan Executive at Kotak Mahindra Bank in India typically ranges from ₹1.6 Lakhs to ₹2.6 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Loan Executive at Kotak Mahindra Bank earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹2.6 Lakhs per year. Loan Executive 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 8 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Loan Executive at Kotak Mahindra Bank in India?
The estimated take-home salary of a Loan Executive at Kotak Mahindra Bank in India typically ranges from ₹16,791 to ₹18,502 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.6 Lakhs per year for employees with experience ranging from Fresher to 4 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 8 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindra Bank for Loan Executive in India?
Utkarsh Small Finance Bank ₹2.8 Lakhs to ₹4.5 Lakhs per year
Bandhan Bank ₹2.9 Lakhs to ₹3.3 Lakhs per year
IndusInd Bank ₹2.0 Lakhs to ₹2.8 Lakhs per year
Yes Bank ₹1.8 Lakhs to ₹3.2 Lakhs per year
Axis Bank ₹1.3 Lakhs to ₹3.5 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.
What is the salary of a Loan Executive in companies similar to Kotak Mahindra Bank in India?
The salary of a Loan Executive at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹1.5 Lakhs to ₹4.0 Lakhs per year
RBL Bank ₹1.9 Lakhs to ₹3.3 Lakhs per year
HDFC Bank ₹1.4 Lakhs to ₹3.6 Lakhs per year
IDFC FIRST Bank ₹1.3 Lakhs to ₹3.0 Lakhs per year
Bank of Baroda ₹1.5 Lakhs to ₹3.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Loan Executive at Kotak Mahindra Bank in India?
The salary growth for a Loan Executive at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Loan Executive can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹1.6 Lakhs to ₹3.9 Lakhs per year
1 year ₹1.9 Lakhs to ₹2.5 Lakhs per year
2 years ₹1.9 Lakhs to ₹2.5 Lakhs per year
3 years ₹2.2 Lakhs to ₹2.8 Lakhs per year
and so on.

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Kotak Mahindra Bank Loan Executive salary in India ranges between ₹1.6 Lakh to ₹2.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.