Kotak Mahindra Bank Chennai Loan Processor Salaries by 4 Employees (Updated 2025)

3 - 6 years exp.

₹2.3 Lakhs - ₹3.1 Lakhs

Salary of majority employees

22% less than the average Loan Processor Salary in Banking Companies for 3 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Aviation & Aerospace Loan Processor Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.4 L/yr
Login to view exact salary
BFSI, Investments & Trading Loan Processor Salary 5 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

Last Updated: 2 Nov 2023

Companies similar to Kotak Mahindra Bank for Loan Processor in Chennai

Kotak Mahindra Bank Loan Processor Salary

3 - 6 years exp. (4 salaries)

₹2.3 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Loan Processor Salary 0 - 2 years exp. (3 salaries)	₹1.6 L/yr - ₹2 L/yr 20% less
Mphasis Loan Processor Salary 1 - 6 years exp. (23 salaries)	₹2.1 L/yr - ₹5.5 L/yr 51% more
Login to view exact salary
Accenture Loan Processor Salary 1 - 5 years exp. (11 salaries)	₹1.6 L/yr - ₹3 L/yr 4% less
Wipro Loan Processor Salary 1 - 4 years exp. (10 salaries)	₹1.5 L/yr - ₹3.4 L/yr 14% more
HDB Financial Services Loan Processor Salary 1 - 3 years exp. (6 salaries)	₹1.4 L/yr - ₹2.4 L/yr 13% less

Loan Processor salary at Kotak Mahindra Bank ranges between ₹2.3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Loan Processor salaries in Chennai

Last Updated: 2 Nov 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.4 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(662 salaries)

₹1.8 L/yr - ₹8 L/yr

Team Lead Salary

(16 salaries)

₹2 L/yr - ₹6.75 L/yr

Finance Executive Salary

(15 salaries)

₹1.5 L/yr - ₹3.75 L/yr

Senior Associate Salary

(13 salaries)

₹1.6 L/yr - ₹3.15 L/yr

Process Associate Salary

(6 salaries)

₹1.45 L/yr - ₹3.05 L/yr

Salary related reviews for Kotak Mahindra Bank

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an assistant manager

With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to consider: •Does it provide the same career opportunities and salary boost as a regular MBA? •How do employers view online MBAs compared to full-time programs? •Are the networking and learning experiences just as effective? •Is the cost justified by the return on investment? If you’ve completed or are considering an Online MBA, I’d love to hear your thoughts! Was it worth it for you? Why or why not? Let’s discuss!

Is an Online MBA Really Worth It?

Yes

Can be, if properly planned

3 participants . expiring in 2w

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Loan Processor Salary FAQs

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

Loan Processor salary at Kotak Mahindra Bank in Chennai ranges between ₹2.3 Lakhs to ₹3.1 Lakhs for experience between 3 years to 6 years. According to our estimates it is 22% less than the average Loan Processor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

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

The average salary of a Loan Processor at Kotak Mahindra Bank is 22% less than the average salary of a Loan Processor in Chennai. To know exact salary insights, login to view.

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

Mphasis Loan Processor Salary - ₹2.1 Lakhs to ₹5.5 Lakhs per year
Wipro Loan Processor Salary - ₹1.5 Lakhs to ₹3.4 Lakhs per year

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

Accenture Loan Processor Salary - ₹1.6 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services Loan Processor Salary - ₹1.4 Lakhs to ₹2.4 Lakhs per year
HDFC Bank Loan Processor Salary - ₹1.6 Lakhs to ₹2.0 Lakhs per year

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

The estimated take-home salary of a Loan Processor at Kotak Mahindra Bank ranges between ₹16,272 per month to ₹17,949 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Loan Processor salary in India which ranges between ₹2.3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Loan Processor at Kotak Mahindra Bank in Chennai?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Loan Processors in Chennai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Loan Processor Salaries >
Kotak Mahindra Bank Loan Processor Salaries in Chennai

Kotak Mahindra Bank Loan Processor salary in Chennai ranges between ₹2.3 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.