Kotak Mahindra Bank Mumbai Officer Salaries by 6 Employees

3 - 6 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Salary of majority employees

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55% less than the average Officer Salary in Banking Companies for 3 - 6 years of experience

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Last Updated: 18 Mar 2023

Companies similar to Kotak Mahindra Bank for Officer in Mumbai

Kotak Mahindra Bank Officer Salary

3 - 6 years exp. (6 salaries)

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₹2.5 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Officer Salary 0 - 8 years exp. (147 salaries)	Unlock ₹1.5 L/yr - ₹5 L/yr 8% more	1 job opening
ICICI Bank Officer Salary 0 - 6 years exp. (104 salaries)	Unlock ₹1.2 L/yr - ₹4.5 L/yr 5% more
Login to view exact salary
Axis Bank Officer Salary 0 - 6 years exp. (249 salaries)	Unlock ₹1.5 L/yr - ₹4.3 L/yr 5% more	2 job openings
IndusInd Bank Officer Salary 0 - 5 years exp. (94 salaries)	Unlock ₹1.4 L/yr - ₹4 L/yr 9% more
Yes Bank Officer Salary 0 - 7 years exp. (95 salaries)	Unlock ₹1.5 L/yr - ₹4 L/yr 9% more
Federal Bank Officer Salary 0 - 3 years exp. (30 salaries)	Unlock ₹8 L/yr - ₹15 L/yr 384% more
IDFC FIRST Bank Officer Salary 1 - 6 years exp. (70 salaries)	Unlock ₹1.6 L/yr - ₹4.6 L/yr 25% more
RBL Bank Officer Salary 1 - 6 years exp. (86 salaries)	Unlock ₹1.8 L/yr - ₹3.8 L/yr 7% more
The Saraswat Co-operative Bank Officer Salary 2 - 12 years exp. (24 salaries)	Unlock ₹3 L/yr - ₹6 L/yr 60% more
Bank of Baroda Officer Salary 0 - 11 years exp. (19 salaries)	Unlock ₹7.3 L/yr - ₹15 L/yr 254% more
Canara Bank Officer Salary 3 - 12 years exp. (14 salaries)	Unlock ₹6 L/yr - ₹15 L/yr 378% more
Login to view exact salary
Shinhan Bank Officer Salary 1 - 5 years exp. (9 salaries)	Unlock ₹3.2 L/yr - ₹6 L/yr 70% more

Officer salary at Kotak Mahindra Bank ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Officer salaries in Mumbai

Last Updated: 18 Mar 2023

Experience	Avg Annual Salary
3 years (3 salaries)	Unlock ₹2.5 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.4k salaries)

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₹1.65 L/yr - ₹8.2 L/yr

Software Engineer Salary

(10 salaries)

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₹6 L/yr - ₹18.7 L/yr

Software Tester Salary

(3 salaries)

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₹2.05 L/yr - ₹6 L/yr

Top skills at Kotak Mahindra Bank for Officer

Customer Service Communication Skills Sales customer care Cross Selling Inbound Calls inbound voice process Interpersonal Skills Calling Customer Relationship Outbound Calling Team Leading Retail Liabilities Banking Telecalling

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 2 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.

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.

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.

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.

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.

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.

Salary - Poor

+4 more

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Kotak Mahindra Bank Officer Salary FAQs

What is the salary of Officer at Kotak Mahindra Bank Mumbai?

Officer salary at Kotak Mahindra Bank in Mumbai ranges between ₹2.5 Lakhs to ₹4.0 Lakhs for experience between 3 years to 6 years. According to our estimates it is 55% less than the average Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a Officer at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?

The average salary of a Officer at Kotak Mahindra Bank is 55% less than the average salary of a Officer in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Officer at Kotak Mahindra Bank?

Customer Service, Communication Skills, Sales, customer care and Cross Selling are some of the popular skills required to work as a Officer at Kotak Mahindra Bank Mumbai.

Which similar companies are paying more than Kotak Mahindra Bank to a Officer in Mumbai?

Federal Bank Officer Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
Canara Bank Officer Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
Bank of Baroda Officer Salary - ₹7.3 Lakhs to ₹15.0 Lakhs per year
Shinhan Bank Officer Salary - ₹3.2 Lakhs to ₹6.0 Lakhs per year
The Saraswat Co-operative Bank Officer Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Officer in companies similar to Kotak Mahindra Bank in Mumbai?

IDFC FIRST Bank Officer Salary - ₹1.6 Lakhs to ₹4.6 Lakhs per year
IndusInd Bank Officer Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
Yes Bank Officer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
HDFC Bank Officer Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
RBL Bank Officer Salary - ₹1.8 Lakhs to ₹3.8 Lakhs per year

What is the estimated take home salary of a Officer at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Officer at Kotak Mahindra Bank ranges between ₹18,397 per month to ₹20,085 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Officer salary in India which ranges between ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience between 3 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Officer at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 67% of the Kotak Mahindra Bank Officers in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Officer Salaries in Mumbai

Kotak Mahindra Bank Officer salary in Mumbai ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.