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Kotak Mahindra Bank

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3.8

based on 16.3k Reviews

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Kotak Mahindra Bank Mutual Fund Advisor salaries in Mumbai

Annual salary range
0 - 5 years exp.
₹2.6 Lakhs - ₹3.2 Lakhs
Salary of majority employees
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7% more than the average Mutual Fund Advisor Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Kotak Mahindra Bank for Mutual Fund Advisor in Mumbai

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Kotak Mahindra Bank Mutual Fund Advisor Salary

0 - 5 years exp. (4 salaries)
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₹2.6 L/yr - ₹3.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Sharekhan Mutual Fund Advisor Salary

0 - 6 years exp. (25 salaries)
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₹1.9 L/yr - ₹3.2 L/yr

arrow icon 11% less
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ICICI Prudential Mutual Fund Mutual Fund Advisor Salary

0 - 4 years exp. (11 salaries)
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₹3 L/yr - ₹6 L/yr

arrow icon 44% more
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IIFL Finance Mutual Fund Advisor Salary

0 - 5 years exp. (9 salaries)
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₹2.1 L/yr - ₹3.4 L/yr

arrow icon 6% less
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CAMS Mutual Fund Advisor Salary

0 - 6 years exp. (9 salaries)
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₹1.6 L/yr - ₹4 L/yr

arrow icon 9% less
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HDFC Securities Mutual Fund Advisor Salary

0 - 3 years exp. (7 salaries)
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₹2.5 L/yr - ₹3.9 L/yr

arrow icon 4% more
Mutual Fund Advisor salary at Kotak Mahindra Bank ranges between ₹2.6 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Mutual Fund Advisor in Mumbai

1y ago
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5 months exp.
1y ago
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5 years exp.
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4 years exp.

Experience wise Kotak Mahindra Bank Mutual Fund Advisor salaries in Mumbai

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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(3.4k salaries)
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₹1.65 L/yr - ₹8.2 L/yr
Team Lead Salary
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Management Trainee Salary
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₹7 L/yr - ₹24 L/yr
Accountant Salary
(18 salaries)
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₹1.5 L/yr - ₹3.5 L/yr
Finance Executive Salary
(10 salaries)
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₹1.2 L/yr - ₹3.5 L/yr
Analyst Salary
(9 salaries)
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₹8.28 L/yr - ₹13 L/yr
Account Assistant Salary
(8 salaries)
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₹2 L/yr - ₹3 L/yr
Senior Analyst Salary
(3 salaries)
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₹7.81 L/yr - ₹12.5 L/yr

Salary related reviews for Kotak Mahindra Bank

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 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.

read more
  • 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.

read more
  • 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.

read more
  • 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.

read more
  • Skill development - Poor
    • +1 more

Deputy Manager in Thane

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Nov 2023
2.0
 for  Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

read more
  • Salary - Poor
    • +4 more
see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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malleshkuruva
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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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Kotak Mahindra Bank Mutual Fund Advisor Salary FAQs

What is the salary of Mutual Fund Advisor at Kotak Mahindra Bank Mumbai?
Mutual Fund Advisor salary at Kotak Mahindra Bank in Mumbai ranges between ₹2.6 Lakhs to ₹3.2 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 7% more than the average Mutual Fund Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Mutual Fund Advisor at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Mutual Fund Advisor at Kotak Mahindra Bank is 7% more than the average salary of a Mutual Fund Advisor in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Mutual Fund Advisor in Mumbai?
  • ICICI Prudential Mutual Fund Mutual Fund Advisor Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
  • HDFC Securities Mutual Fund Advisor Salary - ₹2.5 Lakhs to ₹3.9 Lakhs per year
What is the salary of a Mutual Fund Advisor in companies similar to Kotak Mahindra Bank in Mumbai?
  • IIFL Finance Mutual Fund Advisor Salary - ₹2.1 Lakhs to ₹3.4 Lakhs per year
  • CAMS Mutual Fund Advisor Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year
  • Sharekhan Mutual Fund Advisor Salary - ₹1.9 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Mutual Fund Advisor at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Mutual Fund Advisor at Kotak Mahindra Bank ranges between ₹21,097 per month to ₹22,743 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Mutual Fund Advisor salary in India which ranges between ₹2.6 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Kotak Mahindra Bank Mutual Fund Advisor salary in Mumbai ranges between ₹2.6 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.