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Kotak Mahindra Bank Personal Banker salaries in India (Updated 2025)

Annual salary range
2 - 10 years exp.
₹2.5 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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8% less than the average Personal Banker Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Personal Banker Salary
2 - 8 years exp. (6 salaries)
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₹3 L/yr - ₹6.5 L/yr

Customer Success, Service & Operations
Personal Banker Salary
3 - 6 years exp. (5 salaries)
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₹4 L/yr - ₹5.8 L/yr

Finance & Accounting
Personal Banker Salary
2 - 5 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4.4 L/yr

Marketing & Communication
Personal Banker Salary
4 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.3 L/yr

Sales & Business Development
Personal Banker Salary
3 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹6.1 L/yr

Last Updated: 30 Jan 2025

Companies similar to Kotak Mahindra Bank for Personal Banker

Company name Avg Annual Salary Open Jobs
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HDFC Bank Personal Banker Salary

0 - 12 years exp. (3.5k salaries)

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₹1 L/yr - ₹8 L/yr

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55 job openings
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Yes Bank Personal Banker Salary

0 - 9 years exp. (503 salaries)

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₹2.1 L/yr - ₹7.6 L/yr

arrow icon 1% more
5 job openings
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ICICI Bank Personal Banker Salary

0 - 6 years exp. (57 salaries)

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₹2.4 L/yr - ₹7.3 L/yr

arrow icon 6% less
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Axis Bank Personal Banker Salary

0 - 10 years exp. (37 salaries)

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₹1.8 L/yr - ₹7.6 L/yr

arrow icon 5% less
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IDFC FIRST Bank Personal Banker Salary

1 - 7 years exp. (16 salaries)

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₹2.8 L/yr - ₹4.5 L/yr

arrow icon 14% less
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IndusInd Bank Personal Banker Salary

1 - 7 years exp. (13 salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 3% less
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Bandhan Bank Personal Banker Salary

0 - 10 years exp. (5 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 21% less
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₹3.3 L/yr - ₹6.9 L/yr

arrow icon 10% more
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RBL Bank Personal Banker Salary

4 - 6 years exp. (4 salaries)

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₹2.2 L/yr - ₹7 L/yr

arrow icon 28% less
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Bank of Baroda Personal Banker Salary

0 - 4 years exp. (4 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 45% less
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₹1.7 L/yr - ₹5.1 L/yr

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₹3 L/yr - ₹6.3 L/yr

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South Indian Bank Personal Banker Salary

4 - 6 years exp. (3 salaries)

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₹8 L/yr - ₹10 L/yr

arrow icon 100% more
Personal Banker salary at Kotak Mahindra Bank ranges between ₹2.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Personal Banker

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Experience wise Kotak Mahindra Bank Personal Banker salaries

Last Updated: 30 Jan 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹2.5 L/yr - ₹4.6 L/yr
3 years  (3 salaries)

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₹3.8 L/yr - ₹5.5 L/yr
4 years  (4 salaries)

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₹4 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8.3 L/yr
6 years  (4 salaries)

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₹3 L/yr - ₹6.5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹26 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
Unit Sales Manager Salary
(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
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₹7.5 L/yr - ₹14 L/yr
Senior Officer Salary
(19 salaries)
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₹2.3 L/yr - ₹4.5 L/yr
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₹5.37 L/yr - ₹23 L/yr
Sales Manager Salary
(868 salaries)
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₹2.04 L/yr - ₹10 L/yr
Branch Head Salary
(276 salaries)
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₹7.9 L/yr - ₹25 L/yr
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₹1.5 L/yr - ₹10 L/yr
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₹1.85 L/yr - ₹3.5 L/yr

Salary related reviews for Kotak Mahindra Bank

2.4

Rated by 11 employees for salary & benefits

Personal Loan Department

1.0
  •  posted on 15 Feb 2022

1.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good appraisals are fair and they give good salaryhike and bonus every year

read more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign

read more
  • Salary - Bad
  • +3 more

sales Department

1.0
  •  posted on 07 Sep 2017

2.0
 for  Salary and Benefits

Likes

There is nothing to like while working with Kotak Mahindra Bank except to showcase that you are working in one of the top banks.

read more

Dislikes

...ted like dogs. This is not just Kotak Bank but with all the private sector bank.They are paying salary and treating as if they have purchased them.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Mar 2025

2.0
 for  Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more
  • Salary - Good
  • +1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Other Department

1.0
  •  posted on 15 Nov 2024

1.0
 for  Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

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Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Kotak Mahindra Bank Personal Banker Salary FAQs

What is the salary of Personal Banker at Kotak Mahindra Bank ?
The average salary of a Personal Banker at Kotak Mahindra Bank in India typically ranges from ₹2.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of Personal Banker at Kotak Mahindra Bank earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Personal Banker Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Personal Banker at Kotak Mahindra Bank in India?
The estimated take-home salary of a Personal Banker at Kotak Mahindra Bank in India typically ranges from ₹34,863 to ₹36,104 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 2 years to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindra Bank for Personal Banker in India?
South Indian Bank ₹8.0 Lakhs to ₹10.0 Lakhs per year
Jana Small Finance Bank ₹3.3 Lakhs to ₹6.9 Lakhs per year
HDFC Bank ₹1.0 Lakhs to ₹8.0 Lakhs per year
Yes Bank ₹2.1 Lakhs to ₹7.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
What is the salary of a Personal Banker in companies similar to Kotak Mahindra Bank in India?
The salary of a Personal Banker at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank ₹3.0 Lakhs to ₹6.3 Lakhs per year
IndusInd Bank ₹1.8 Lakhs to ₹6.0 Lakhs per year
Axis Bank ₹1.8 Lakhs to ₹7.6 Lakhs per year
ICICI Bank ₹2.4 Lakhs to ₹7.3 Lakhs per year
IDFC FIRST Bank ₹2.8 Lakhs to ₹4.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Personal Banker at Kotak Mahindra Bank in India?
The salary growth for a Personal Banker at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Personal Banker can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
2 years ₹2.5 Lakhs to ₹4.6 Lakhs per year
3 years ₹3.8 Lakhs to ₹5.5 Lakhs per year
4 years ₹4.0 Lakhs to ₹5.3 Lakhs per year
5 years ₹3.0 Lakhs to ₹8.3 Lakhs per year
and so on.

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Kotak Mahindra Bank Personal Banker salary in India ranges between ₹2.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.