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Kotak Mahindra Bank

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3.8

based on 16.4k Reviews

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Mumbai
Finance & Accounting

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Kotak Mahindra Bank Finance & Accounting Department Salaries in Mumbai

based on 2.8k latest salaries
Designation Avg Annual Salary Open Jobs

Deputy Manager

0 - 12 years exp. · Mumbai (415 salaries)
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₹2.3 L/yr - ₹8.2 L/yr

Credit Manager

0 - 10 years exp. · Mumbai (77 salaries)
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₹3.8 L/yr - ₹13 L/yr

Associate Vice President

4 - 19 years exp. · Mumbai (57 salaries)
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₹10 L/yr - ₹37 L/yr

Chief Manager

7 - 19 years exp. · Mumbai (43 salaries)
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₹9.3 L/yr - ₹30 L/yr

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

Service Officer

0 - 6 years exp. · Mumbai (36 salaries)
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₹2 L/yr - ₹3.8 L/yr

Relationship Manager

0 - 10 years exp. · Mumbai (34 salaries)
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₹2 L/yr - ₹8.7 L/yr

3 job openings

Internal Auditor

0 - 5 years exp. · Mumbai (26 salaries)
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₹5 L/yr - ₹12 L/yr

Junior Associate

0 - 6 years exp. · Mumbai (25 salaries)
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₹1.2 L/yr - ₹3.5 L/yr

Senior Manager Credit

2 - 8 years exp. · Mumbai (21 salaries)
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₹7.8 L/yr - ₹14 L/yr

Operations Executive

1 - 4 years exp. · Mumbai (21 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Deputy Manager Grade 2

0 - 7 years exp. · Mumbai (21 salaries)
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₹3.4 L/yr - ₹6.5 L/yr

Sales Executive

0 - 6 years exp. · Mumbai (20 salaries)
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₹1.2 L/yr - ₹4.5 L/yr

Manager Internal Audit

0 - 8 years exp. · Mumbai (20 salaries)
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₹6.6 L/yr - ₹11 L/yr

Credit Processing Associate

1 - 4 years exp. · Mumbai (19 salaries)
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₹1.8 L/yr - ₹4 L/yr

Sales Manager

2 - 12 years exp. · Mumbai (18 salaries)
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₹3 L/yr - ₹8.3 L/yr

Deputy Vice President

8 - 19 years exp. · Mumbai (18 salaries)
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₹14.5 L/yr - ₹38 L/yr

Brach Operation Manager

5 - 13 years exp. · Mumbai (17 salaries)
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₹5.4 L/yr - ₹9.4 L/yr

Assistant Vice President

7 - 17 years exp. · Mumbai (16 salaries)
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₹11.5 L/yr - ₹30 L/yr

4 job openings

Branch Relationship Manager

0 - 10 years exp. · Mumbai (16 salaries)
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₹4 L/yr - ₹7.5 L/yr

Virtual Relationship Manager

0 - 6 years exp. · Mumbai (15 salaries)
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₹3 L/yr - ₹4.5 L/yr

Last Updated: 9 Feb, 2025

What people are saying about Kotak Mahindra Bank

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malleshkuruva
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1w
works at
Kotak Mahindra Bank
How to get more interview calls and which website better to upload resume
Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.
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Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 169 employees for salary & benefits

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

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.

read more
  • Skill development - Poor
    • +1 more

Credit Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 23 Sep 2023
1.0
 for  Salary and Benefits

Likes

Skill Development and Learning

  • Skill development - Good

Dislikes

No Work-Life balance,no Salary & Benefits,not happy with Promotions / Appraisal,no Work Satisfaction,I don't kwon Company Culture, but department culture is veridis happy

read more
  • Salary - Bad
    • +5 more

Manager in Mumbai

Finance & Accounting Department

5.0
  •  posted on 10 Jun 2020
5.0
 for  Salary and Benefits

Likes

We are told to work from home..There is no pay cut for us.Only if CTC is above 25LPA there is a pay cut.We sre given instructions bon daily basis.There is also online seminars,yoga, counseling for employees.

read more
  • Salary - Excellent
    • +5 more

Dislikes

Not much

Manager in Mumbai

Finance & Accounting Department

5.0
  •  posted on 10 Oct 2020
3.0
 for  Salary and Benefits

Likes

There is job security, work culture is good, easy to interact with top management, always there to guide you. Company policies are beneficial to employees and customers.

read more
  • Skill development - Excellent
    • +5 more

Dislikes

Compensation and benefits to employees should improve

see more salary related reviews

Kotak Mahindra Bank interview questions by designations

Assistant Manager (147)Deputy Manager (103)Relationship Manager (60)Manager (23)
View all 978 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 2.8k Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.0/5 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 ₹14.02 lakhs per year. The top 1% earn more than a whopping ₹37.02 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 ₹1.1 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1.1 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 Finance & Accounting Department in Mumbai?
According to AmbitionBox, 58% of the Kotak Mahindra Bank employees in Finance & Accounting Department in Mumbai reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.8k responses on AmbitionBox in last 2 years.

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Average annual salary in Finance & Accounting department at Kotak Mahindra Bank , Mumbai is INRunlock blur . Salary estimates are based on 2.8k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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