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Kotak Mahindra Bank

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3.8

based on 16k Reviews

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Mumbai
BFSI, Investments & Trading

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Kotak Mahindra Bank BFSI, Investments & Trading Department Salaries in Mumbai

based on 6.2k latest salaries
Designation Avg Annual Salary Open Jobs

Area Manager

10 - 20 years exp. · Mumbai (6 salaries)
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₹13 L/yr - ₹33.2 L/yr

Assistant Manager Trade Finance

1 - 4 years exp. · Mumbai (5 salaries)
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₹2.5 L/yr - ₹2.8 L/yr

KYC Executive

0 - 3 years exp. · Mumbai (5 salaries)
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₹1.8 L/yr - ₹2.9 L/yr

Associate Director

9 - 20 years exp. · Mumbai (5 salaries)
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₹40.5 L/yr - ₹50 L/yr

Deputy Manager II

4 - 6 years exp. · Mumbai (5 salaries)
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₹3.5 L/yr - ₹6.5 L/yr

Senior Sales Manager

5 - 13 years exp. · Mumbai (5 salaries)
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₹8.6 L/yr - ₹12.8 L/yr

DVP

10 - 12 years exp. · Mumbai (5 salaries)
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₹23.5 L/yr - ₹32.2 L/yr

Cluster Manager

10 - 14 years exp. · Mumbai (5 salaries)
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₹9 L/yr - ₹22.5 L/yr

Regional Sales Manager

14 - 20 years exp. · Mumbai (5 salaries)
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₹20 L/yr - ₹29 L/yr

Senior Associate

1 - 5 years exp. · Mumbai (5 salaries)
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₹1.9 L/yr - ₹3.5 L/yr

Portfolio Relationship Manager

2 - 10 years exp. · Mumbai (5 salaries)
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₹5.4 L/yr - ₹16.5 L/yr

HR Executive

0 - 2 years exp. · Mumbai (5 salaries)
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₹1.3 L/yr - ₹2.6 L/yr

Location Credit Manager

7 - 12 years exp. · Mumbai (5 salaries)
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₹16.5 L/yr - ₹20.5 L/yr

Credit Officer

1 - 3 years exp. · Mumbai (5 salaries)
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₹1.5 L/yr - ₹2.2 L/yr

Service Relationship Manager

1 - 6 years exp. · Mumbai (5 salaries)
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₹7 L/yr - ₹9.1 L/yr

Deputy Manager - Service

3 - 7 years exp. · Mumbai (5 salaries)
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₹3.5 L/yr - ₹6.2 L/yr

Credit Processing Associate

1 - 4 years exp. · Mumbai (5 salaries)
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₹2 L/yr - ₹2.9 L/yr

Regional Manager

7 - 17 years exp. · Mumbai (5 salaries)
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₹7.5 L/yr - ₹25 L/yr

Banking Officer

2 - 6 years exp. · Mumbai (5 salaries)
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₹2 L/yr - ₹4 L/yr

Gold Loan Relationship Officer

0 - 3 years exp. · Mumbai (5 salaries)
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₹2.8 L/yr - ₹3.4 L/yr

Last Updated: 24 Jan, 2025

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Salary Discussions, Hike & Promotions
2w (edited)
a senior quality lead
Offer letter - Accepted
Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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Salary related reviews for Kotak Mahindra Bank

3.1

Rated by 661 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

Service Officer in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 05 Feb 2024
1.0
 for  Salary and Benefits

Likes

All process al very smooth and cooperative staff

  • Skill development - Excellent
    +4 more

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

read more
  • Salary - Bad
    +1 more

Assistant Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 12 Oct 2023
3.0
 for  Salary and Benefits

Likes

Company is having excellent relationship with their customers and employees. Company is providing salary on time. there is a lot of things which l learnt from there. I'm thankful that I joined the kotak Mahindra Bank

read more
  • Skill development - Good
    +2 more

Dislikes

There is some maneger who is having a very bad attitudes. They provide you a lot of pressure regarding to Target. They humiliat you in front of a lot of person. Due to a few manager in this organisation, the environment is not good specially this manager zone. they don't leave us on time.

read more

Senior Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 29 Oct 2023
3.0
 for  Salary and Benefits

Likes

Its good for freshers to start your career with kotak in terms of learning at a medium pace

  • Job security - Excellent
    +3 more

Dislikes

Salary hike at the time of appraisal is quite low as compared to other banks No bonus declarations to the employees

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Assistant Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 25 Nov 2023
2.0
 for  Salary and Benefits

Likes

The Bank is having an excellent environment work life is very very smooth in mostly all departments . Work culture is very good people are very supportive one of the best canteen you will get love the place and vibes.

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  • Skill development - Excellent
    +3 more

Dislikes

The Bank salary structure is not that good. Internal politics which no one can blame as in every private banks you will get.

read more
  • Salary - Poor
    +1 more
see more salary related reviews

Kotak Mahindra Bank interview questions by designations

Assistant Manager (147)Deputy Manager (103)Relationship Manager (59)Manager (23)
View all 972 interview experiences

Know more about Kotak Mahindra Bank Mumbai

More about working at Kotak Mahindra Bank
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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 6.2k 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 ₹14.08 lakhs per year. The top 1% earn more than a whopping ₹37.47 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 ₹17 Lakhs per year for Data Scientist.
What is the notice period at Kotak Mahindra Bank in BFSI, Investments & Trading Department in Mumbai?
According to AmbitionBox, 69% of the Kotak Mahindra Bank employees in BFSI, Investments & Trading Department in Mumbai reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3.1k responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Kotak Mahindra Bank , Mumbai is INRunlock blur . Salary estimates are based on 6.2k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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