Kotak Mahindra Bank Mumbai Payroll Executive Salaries by 5 Employees (Updated 2025)

3 - 6 years exp.

₹3.3 Lakhs - ₹3.7 Lakhs

Salary of majority employees

At par with the average Payroll Executive Salary in Banking Companies for 3 - 6 years of experience

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Last Updated: 10 Jun 2024

Companies similar to Kotak Mahindra Bank for Payroll Executive in Mumbai

Kotak Mahindra Bank Payroll Executive Salary

3 - 6 years exp. (5 salaries)

₹3.3 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Osource Global Payroll Executive Salary 1 - 6 years exp. (44 salaries)	₹1.2 L/yr - ₹3.8 L/yr 16% less
HGS Payroll Executive Salary 1 - 8 years exp. (34 salaries)	₹1.7 L/yr - ₹5.5 L/yr 1% less
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Wipro Payroll Executive Salary 1 - 5 years exp. (26 salaries)	₹2.2 L/yr - ₹4.2 L/yr 6% more
Larsen & Toubro Limited Payroll Executive Salary 0 - 4 years exp. (20 salaries)	₹1.8 L/yr - ₹3.5 L/yr 28% less
TSR Darashaw Payroll Executive Salary 0 - 7 years exp. (19 salaries)	₹2.1 L/yr - ₹4.2 L/yr 13% less

Payroll Executive salary at Kotak Mahindra Bank ranges between ₹3.3 Lakhs to ₹3.7 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Payroll Executive salaries in Mumbai

Last Updated: 10 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
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5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr

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Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

Sales Executive in Pune

Full Time

Finance & Accounting Department

5.0

• posted on 25 Sep 2023

3.0

for Salary and Benefits

Likes

Kotak is the best work place for freshers or experience persons .good culture. I say that bcoz of I had experienced.

Job security - Good

+2 more

Dislikes

But we need to focus employee salary package. I say that bcoz I have 18000 in hand salary package monthly. I can't survive in this fast growing city. Don't take it personal that is my honest review😊

Promotions - Poor

Team Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Job security - Excellent

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

Salary - Poor

+1 more

Sales Executive in Hyderabad / Secunderabad

Full Time

Himayatnagar Department

5.0

• posted on 16 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture. teammates are supportive and the management is transparent. there is a huge cafeteria and gaming arcade for chilling. Company policies are good,

Salary - Excellent

+6 more

Dislikes

Salary is decent but career growth is full . There is a brand of 2 years before which you connot resign. On the job training is not giving to new joinees. there is lost of politics and the management doesn't address our issues.

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Good

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Salary - Bad

+3 more

Sales Executive in Noida Sector 3

Full Time

Other Department

1.0

• posted on 24 Jul 2023

2.0

for Salary and Benefits

Likes

Salary comes on time

Dislikes

...od. People including seniors and colleagues don't know how to talk with respect. If you take leave your salary will be deducted. Partial behaviour of seniors. Seniors don't support. I will never recommend anyone to work in kotak mahindra bank.

Salary - Poor

+6 more

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

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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Kotak Mahindra Bank Payroll Executive Salary FAQs

What is the salary of Payroll Executive at Kotak Mahindra Bank Mumbai?

Payroll Executive salary at Kotak Mahindra Bank in Mumbai ranges between ₹3.3 Lakhs to ₹3.7 Lakhs for experience between 3 years to 6 years. According to our estimates it is 2% more than the average Payroll Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Payroll Executive at Kotak Mahindra Bank is 2% more than the average salary of a Payroll Executive in Mumbai. To know exact salary insights, login to view.

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

Wipro Payroll Executive Salary - ₹2.2 Lakhs to ₹4.2 Lakhs per year

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

HGS Payroll Executive Salary - ₹1.7 Lakhs to ₹5.5 Lakhs per year
TSR Darashaw Payroll Executive Salary - ₹2.1 Lakhs to ₹4.2 Lakhs per year
Osource Global Payroll Executive Salary - ₹1.2 Lakhs to ₹3.8 Lakhs per year
Larsen & Toubro Limited Payroll Executive Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Payroll Executive at Kotak Mahindra Bank ranges between ₹24,936 per month to ₹26,376 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Payroll Executive salary in India which ranges between ₹3.3 Lakhs to ₹3.7 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 Payroll Executive at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Payroll Executives in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Payroll Executive Salaries in Mumbai

Kotak Mahindra Bank Payroll Executive salary in Mumbai ranges between ₹3.3 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.