Kotak Mahindra Bank New Delhi Loan Processor Salaries by 3 Employees (Updated 2025)

1 - 4 years exp.

₹1.7 Lakh - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

18% less than the average Loan Processor Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Processor Salary 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.1 L/yr
Finance & Accounting Loan Processor Salary 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.3 L/yr
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Sales & Business Development Loan Processor Salary 1 year exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.3 L/yr

Last Updated: 4 Jan 2025

Companies similar to Kotak Mahindra Bank for Loan Processor in New Delhi

Kotak Mahindra Bank Loan Processor Salary

1 - 4 years exp. (3 salaries)

₹1.7 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Loan Processor Salary 0 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3.2 L/yr 16% more
Oracle Financial Services Software Loan Processor Salary 1 - 5 years exp. (5 salaries)	₹3.6 L/yr - ₹4.3 L/yr 67% more
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HDB Financial Services Loan Processor Salary 2 - 5 years exp. (5 salaries)	₹2 L/yr - ₹2.8 L/yr 8% more
SitusAMC Loan Processor Salary 0 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 66% more
Hoogmatic Loan Processor Salary 1 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹2.4 L/yr 17% less

Loan Processor salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Loan Processor salaries in New Delhi

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.7 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.6k salaries)

₹2 L/yr - ₹8 L/yr

Team Lead Salary

(61 salaries)

₹2 L/yr - ₹7.2 L/yr

Senior Associate Salary

(21 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Finance Executive Salary

(17 salaries)

₹1.92 L/yr - ₹3.5 L/yr

Accountant Salary

(4 salaries)

₹2.4 L/yr - ₹3.25 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

Dislikes

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

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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Loan Processor Salary FAQs

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Loan Processors in New Delhi reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Loan Processor Salaries in New Delhi

Kotak Mahindra Bank Loan Processor salary in New Delhi ranges between ₹1.7 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.