Kotak Mahindra Bank Loan Processor Salaries by 10+ Employees (Updated 2025)

0 - 6 years exp.

₹1.7 Lakh - ₹3.3 Lakhs

Salary of majority employees

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32% less than the average Loan Processor Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Processor Salary 1 - 6 years exp. (5 salaries)	Unlock ₹1.7 L/yr - ₹3.2 L/yr
Finance & Accounting Loan Processor Salary 2 - 4 years exp. (3 salaries)	Unlock ₹1.9 L/yr - ₹2 L/yr
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Aviation & Aerospace Loan Processor Salary 3 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹2.4 L/yr

Last Updated: 2 Mar 2025

Companies similar to Kotak Mahindra Bank for Loan Processor

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Loan Processor Salary 0 - 4 years exp. (16 salaries)	Unlock ₹1.2 L/yr - ₹3.2 L/yr 1% more
Axis Bank Loan Processor Salary 0 - 2 years exp. (5 salaries)	Unlock ₹1.5 L/yr - ₹3.2 L/yr 18% more
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State Bank of India Loan Processor Salary 2 - 8 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹3 L/yr 33% more
IndusInd Bank Loan Processor Salary 0 - 1 year exp. (3 salaries)	Unlock ₹1.2 L/yr - ₹2 L/yr 18% less
Yes Bank Loan Processor Salary 1 - 4 years exp. (4 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr 26% more
IDFC FIRST Bank Loan Processor Salary 0 - 3 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹3 L/yr 9% more
Bandhan Bank Loan Processor Salary 2 - 3 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹3.4 L/yr 18% less
Jana Small Finance Bank Loan Processor Salary 2 - 5 years exp. (11 salaries)	Unlock ₹1.9 L/yr - ₹3.8 L/yr 26% more
IDBI Bank Loan Processor Salary 2 - 3 years exp. (4 salaries)	Unlock ₹1 L/yr - ₹2.5 L/yr 47% less
Bank of Baroda Loan Processor Salary 1 - 2 years exp. (3 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr 72% more

Loan Processor salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Loan Processor

3d ago

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4 years exp.

1y ago

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3 years exp.

1y ago

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4 years exp.

1y ago

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5 years exp.

1y ago

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1 year exp.

1y ago

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6 years exp.

1y ago

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3 years exp.

1y ago

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1 year exp.

1y ago

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5 years exp.

1y ago

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2 years exp.

Experience wise Kotak Mahindra Bank Loan Processor salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹3.7 L/yr
1 year (4 salaries)	Unlock ₹1.8 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹3.3 L/yr
3 years (3 salaries)	Unlock ₹2 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹2.5 L/yr

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Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 6 employees for salary & benefits

Loan Processor in Kurnool

Full Time

Marketing & Communication Department

5.0

• posted on 06 Oct 2021

3.0

for Salary and Benefits

Likes

I like the company working style which I was free to work in bank with a process of loans and the supperoir are support to my work and help in personal

Skill development - Excellent

+2 more

Dislikes

The work is continuing from starting to till month end and with out gap and salary for my work is very low

Promotions - Poor

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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

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.

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.

Work satisfaction - Bad

+2 more

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.

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.

Salary - Poor

+4 more

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.

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.

Skill development - Poor

+1 more

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Kotak Mahindra Bank Loan Processor Salary FAQs

What is the salary of Loan Processor at Kotak Mahindra Bank?

Loan Processor salary at Kotak Mahindra Bank in India ranges between ₹1.7 Lakhs to ₹3.3 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 32% less than the average Loan Processor Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Loan Processor at Kotak Mahindra Bank is 32% less than the average salary of a Loan Processor in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Loan Processor in India?

Bank of Baroda Loan Processor Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
State Bank of India Loan Processor Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
Yes Bank Loan Processor Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year
Jana Small Finance Bank Loan Processor Salary - ₹1.9 Lakhs to ₹3.8 Lakhs per year
Axis Bank Loan Processor Salary - ₹1.5 Lakhs to ₹3.2 Lakhs per year

What is the salary of a Loan Processor in companies similar to Kotak Mahindra Bank in India?

IDFC FIRST Bank Loan Processor Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
HDFC Bank Loan Processor Salary - ₹1.2 Lakhs to ₹3.2 Lakhs per year
Bandhan Bank Loan Processor Salary - ₹1.0 Lakhs to ₹3.4 Lakhs per year
IndusInd Bank Loan Processor Salary - ₹1.2 Lakhs to ₹2.0 Lakhs per year
IDBI Bank Loan Processor Salary - ₹1.0 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Loan Processor at Kotak Mahindra Bank ranges between ₹14,040 per month to ₹15,525 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Loan Processor salary in India which ranges between ₹1.7 Lakhs to ₹3.3 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 Loan Processor at Kotak Mahindra Bank?

According to AmbitionBox, 67% of the Kotak Mahindra Bank Loan Processors reported a notice period of 1 Month, 27% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Loan Processor Salaries

Kotak Mahindra Bank Loan Processor salary in India ranges between ₹1.7 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.