Kotak Mahindra Bank Salaries by Employees

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What people are saying about Kotak Mahindra Bank

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I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Salary related reviews for Kotak Mahindra Bank

2.7

Rated by 21 employees for salary & benefits

Deputy Manager in Patna

BFSI, Investments & Trading Department

5.0

• posted on 13 Dec 2021

3.0

for Salary and Benefits

Likes

...tes are supportive and the management is transparent. Company policies are good. appraisal are not fair and the give not good salary hike and bonus. Huge work load.

Skill development - Excellent

+3 more

Dislikes

Salary is decent but career growth is fast. Work load is very hard

Work-life balance - Poor

Deputy Manager in Patna

BFSI, Investments & Trading Department

5.0

• posted on 13 Aug 2018

3.0

for Salary and Benefits

Likes

Got my first promotion in 3 years which good as per market . Dealing tractor loan collection . Good working environment and supportive bossess

Skill development - Good

+5 more

Dislikes

Salary growth is very slow and other compensation is minimal .

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.