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Kotak Mahindra Bank

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3.8

based on 16.9k Reviews

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Kotak Mahindra Bank Salaries in Mumbai (Updated 2025)

based on 22.5k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs

Deputy Manager

0 - 13 years exp. · Mumbai (3.4k salaries)
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₹1.7 L/yr - ₹8.2 L/yr

Associate Vice President

3 - 21 years exp. · Mumbai (719 salaries)
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₹9.7 L/yr - ₹36 L/yr

Relationship Manager

0 - 12 years exp. · Mumbai (459 salaries)
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₹1.8 L/yr - ₹10.5 L/yr

6 job openings

Product Manager

0 - 10 years exp. · Mumbai (414 salaries)
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₹6.1 L/yr - ₹25 L/yr

1 job opening
Starting your career? Discover Kotak Mahindra Bank fresher salaries in India

Chief Manager

7 - 19 years exp. · Mumbai (401 salaries)
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₹9 L/yr - ₹28.9 L/yr

Deputy Vice President

8 - 22 years exp. · Mumbai (274 salaries)
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₹12.7 L/yr - ₹48 L/yr

Credit Manager

0 - 11 years exp. · Mumbai (240 salaries)
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₹3.6 L/yr - ₹13 L/yr

Service Officer

0 - 7 years exp. · Mumbai (222 salaries)
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₹1.7 L/yr - ₹4.3 L/yr

Brach Operation Manager

3 - 15 years exp. · Mumbai (215 salaries)
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₹3.9 L/yr - ₹11 L/yr

Deputy Manager Grade 2

0 - 9 years exp. · Mumbai (210 salaries)
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₹3 L/yr - ₹6.5 L/yr

Branch Relationship Manager

0 - 10 years exp. · Mumbai (188 salaries)
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₹3 L/yr - ₹9.5 L/yr

Sales Executive

0 - 6 years exp. · Mumbai (181 salaries)
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₹1.1 L/yr - ₹5 L/yr

Business Analyst

1 - 10 years exp. · Mumbai (150 salaries)
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₹4.2 L/yr - ₹17 L/yr

Assistant Vice President

6 - 18 years exp. · Mumbai (139 salaries)
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₹11.3 L/yr - ₹38 L/yr

3 job openings

Branch Manager

7 - 20 years exp. · Mumbai (134 salaries)
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₹7.5 L/yr - ₹25.6 L/yr

1 job opening

Sales Manager

1 - 12 years exp. · Mumbai (129 salaries)
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₹1.8 L/yr - ₹10.7 L/yr

MIS Executive

0 - 6 years exp. · Mumbai (127 salaries)
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₹1.6 L/yr - ₹4.3 L/yr

Senior Product Manager

1 - 9 years exp. · Mumbai (127 salaries)
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₹9 L/yr - ₹28 L/yr

Relationship Officer

0 - 6 years exp. · Mumbai (125 salaries)
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₹2.3 L/yr - ₹6.1 L/yr

Junior Associate

0 - 6 years exp. · Mumbai (119 salaries)
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₹1 L/yr - ₹4 L/yr

Last Updated: 5 Mar, 2025

What people are saying about Kotak Mahindra Bank

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an assistant manager
9h
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 con... read more
Is an Online MBA Really Worth It?
Yes
0%
No
34%
Can be, if properly planned
66%
3 participants . expiring in 2w
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Salary related reviews for Kotak Mahindra Bank

3.1

Rated by 2.4k employees for salary & benefits

Deputy Manager Operations in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024
2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

read more
  • Salary - Poor
    • +4 more

Senior Manager in Mumbai

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 17 Oct 2024
3.0
 for  Salary and Benefits

Likes

Employee home loan facility for staff at lesser rate of interest ....nearly 50% less rest is ok ok

Dislikes

...ime extended working hours .....Which somewhere it disturbs work life balance... Salary hike is average and bonus depends on work

read more
  • Promotions - Poor
    • +1 more

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.

read more
  • Job security - Good
    • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
    • +1 more

Senior Manager in Mumbai

Full Time

 · 

IT & Information Security Department

1.0
  •  posted on 01 May 2024
1.0
 for  Salary and Benefits

Likes

Nothing to liked here

Dislikes

No work life balance, no strategic planning and working by anyone. Offical working days are 5 days But you will required to work all 7 days without any compensation like comp off or extra pay even on public holiy you might be asked or required to work.

read more
  • Salary - Bad
    • +6 more

Senior Manager in Mumbai

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Feb 2024
4.0
 for  Salary and Benefits

Likes

Salary package are good.

  • Salary - Good

Dislikes

HR is really unsupportive and even the whistle blower policy is of no use, I have raised a concern and addressed them about leaders marking unnecessary LOPs however the action are not taken against leaders. One of location head in open market credit card department there are 350 executive has left and 13 senior managers have been harrassed and left organization. But still HR does not show any concern.

read more
  • Skill development - Bad
    • +5 more
see more salary related reviews

Kotak Mahindra Bank interview questions by designations

Assistant Manager (148)Deputy Manager (105)Relationship Manager (60)Manager (23)
View all 988 interview experiences

Know more about Kotak Mahindra Bank Mumbai

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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Mail Room Executive and ₹50 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 22.5k Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.1/5 stars.
What is the highest salary in Kotak Mahindra Bank?
The highest-paying job at Kotak Mahindra Bank is a Executive Vice President with a salary of ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14.05 lakhs per year. The top 1% earn more than a whopping ₹37.42 lakhs per year.
What is the minimum salary in Kotak Mahindra Bank?
Minimum salary at Kotak Mahindra Bank depends on the role you are applying for. For Associate the minimum salary is ₹1.2 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra Bank?
The average salary at Kotak Mahindra Bank for freshers varies from ₹1.4 Lakh to ₹2.4 Lakhs per year for Sampler and ₹6 Lakhs to ₹24 Lakhs per year for Product Manager.
What is the notice period at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 62% of the Kotak Mahindra Bank employees in Mumbai reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13.9k responses on AmbitionBox in last 2 years.

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Average annual salary in Kotak Mahindra Bank , Mumbai is INRunlock blur . Salary estimates are based on 22.5k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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