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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 - 6 years exp. (57 salaries)

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₹1.4 L/yr - ₹3.6 L/yr

arrow icon 9% more
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ICICI Bank Loan Executive Salary

0 - 5 years exp. (37 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 9% more
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Axis Bank Loan Executive Salary

0 - 6 years exp. (18 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 2% more
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State Bank of India Loan Executive Salary

0 - 6 years exp. (6 salaries)

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₹1.8 L/yr - ₹2.7 L/yr

arrow icon 3% more
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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 17% more
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Yes Bank Loan Executive Salary

0 - 4 years exp. (3 salaries)

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₹2.8 L/yr - ₹3.2 L/yr

arrow icon 31% more
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IDFC FIRST Bank Loan Executive Salary

0 - 4 years exp. (18 salaries)

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₹1.3 L/yr - ₹3 L/yr

arrow icon 4% less
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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 6% more
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Bandhan Bank Loan Executive Salary

0 - 4 years exp. (4 salaries)

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₹2.5 L/yr - ₹3.3 L/yr

arrow icon 9% more
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Bank of Baroda Loan Executive Salary

1 - 2 years exp. (4 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 8% less
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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 60% more
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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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 - ₹3.8 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 - ₹4.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Finance Executive Salary
(108 salaries)
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₹1.2 L/yr - ₹3.75 L/yr
Sales Executive Salary
(890 salaries)
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₹1 L/yr - ₹5 L/yr
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₹1.9 L/yr - ₹3.8 L/yr
Team Lead Salary
(424 salaries)
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₹1.5 L/yr - ₹6.75 L/yr
Analyst Salary
(27 salaries)
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₹6.68 L/yr - ₹15 L/yr
Branch Manager Salary
(1k salaries)
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₹6.76 L/yr - ₹25.56 L/yr
Sales Officer Salary
(337 salaries)
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₹1.4 L/yr - ₹4.33 L/yr
Accountant Salary
(71 salaries)
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₹1.5 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

3.0

Rated by 1 employees for salary & benefits

5.0
  •  posted on 04 Apr 2019

3.0
 for  Salary and Benefits

Likes

Overall good,

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.

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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.

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Dislikes

Salary, promortion - these are the worst over here.

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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Full Time

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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.

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Full Time

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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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Kotak Mahindra Bank Loan Executive Salary FAQs

What is the salary of Loan Executive at Kotak Mahindra Bank?
Loan Executive salary at Kotak Mahindra Bank in India ranges between ₹1.6 Lakhs to ₹2.6 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 4% less than the average Loan Executive Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Loan Executive at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Loan Executive at Kotak Mahindra Bank is 4% less than the average salary of a Loan Executive in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Loan Executive in India?
  • Utkarsh Small Finance Bank Loan Executive Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year
  • Yes Bank Loan Executive Salary - ₹2.8 Lakhs to ₹3.2 Lakhs per year
  • IndusInd Bank Loan Executive Salary - ₹2.0 Lakhs to ₹2.8 Lakhs per year
  • Bandhan Bank Loan Executive Salary - ₹2.5 Lakhs to ₹3.3 Lakhs per year
  • HDFC Bank Loan Executive Salary - ₹1.4 Lakhs to ₹3.6 Lakhs per year
What is the salary of a Loan Executive in companies similar to Kotak Mahindra Bank in India?
  • ICICI Bank Loan Executive Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
  • RBL Bank Loan Executive Salary - ₹1.9 Lakhs to ₹3.3 Lakhs per year
  • State Bank of India Loan Executive Salary - ₹1.8 Lakhs to ₹2.7 Lakhs per year
  • Axis Bank Loan Executive Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
  • IDFC FIRST Bank Loan Executive Salary - ₹1.3 Lakhs to ₹3.0 Lakhs per year
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 ranges between ₹16,081 per month to ₹17,742 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Loan Executive salary in India which ranges between ₹1.6 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Loan Executive at Kotak Mahindra Bank?
According to AmbitionBox, 75% of the Kotak Mahindra Bank Loan Executives reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 12 responses on AmbitionBox in last 2 years.

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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.