Kotak Mahindra Bank Personal Banker Salaries by 10+ Employees (Updated 2025)

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)	Unlock ₹3 L/yr - ₹6.5 L/yr
Customer Success, Service & Operations Personal Banker Salary 3 - 6 years exp. (5 salaries)	Unlock ₹4 L/yr - ₹5.8 L/yr
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Finance & Accounting Personal Banker Salary 2 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹4.4 L/yr
Marketing & Communication Personal Banker Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.3 L/yr
Sales & Business Development Personal Banker Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹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
HDFC Bank Personal Banker Salary 0 - 12 years exp. (3.5k salaries)	Unlock ₹1 L/yr - ₹8 L/yr 11% more	15 job openings
ICICI Bank Personal Banker Salary 0 - 6 years exp. (57 salaries)	Unlock ₹2.4 L/yr - ₹7.3 L/yr 6% less
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Axis Bank Personal Banker Salary 0 - 10 years exp. (37 salaries)	Unlock ₹1.8 L/yr - ₹7.6 L/yr 5% less
IndusInd Bank Personal Banker Salary 1 - 7 years exp. (13 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 3% less
Yes Bank Personal Banker Salary 0 - 9 years exp. (495 salaries)	Unlock ₹2.1 L/yr - ₹7.5 L/yr 1% more	5 job openings
IDFC FIRST Bank Personal Banker Salary 1 - 7 years exp. (16 salaries)	Unlock ₹2.8 L/yr - ₹4.5 L/yr 14% less
RBL Bank Personal Banker Salary 4 - 6 years exp. (4 salaries)	Unlock ₹2.2 L/yr - ₹7 L/yr 28% less
Bandhan Bank Personal Banker Salary 0 - 10 years exp. (5 salaries)	Unlock ₹2 L/yr - ₹6 L/yr 21% less
Bank of Baroda Personal Banker Salary 0 - 3 years exp. (5 salaries)	Unlock ₹1.5 L/yr - ₹3.6 L/yr 46% less
Jana Small Finance Bank Personal Banker Salary 0 - 11 years exp. (5 salaries)	Unlock ₹3.3 L/yr - ₹6.9 L/yr 10% more
Ujjivan Small Finance Bank Personal Banker Salary 2 - 4 years exp. (4 salaries)	Unlock ₹1.7 L/yr - ₹5.1 L/yr 21% less
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South Indian Bank Personal Banker Salary 4 - 6 years exp. (3 salaries)	Unlock ₹8 L/yr - ₹10 L/yr 100% more
Utkarsh Small Finance Bank Personal Banker Salary 1 - 7 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹6.3 L/yr 2% less

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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5 years exp.

1mo ago

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5 years exp.

1mo ago

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3 years exp.

2mo ago

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6 years exp.

6mo ago

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2 years exp.

7mo ago

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2 years exp.

1y ago

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4 years exp.

1y ago

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8 years exp.

1y ago

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10 years exp.

1y ago

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6 years exp.

Experience wise Kotak Mahindra Bank Personal Banker salaries

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
2 years (3 salaries)	Unlock ₹2.5 L/yr - ₹4.6 L/yr
3 years (3 salaries)	Unlock ₹3.8 L/yr - ₹5.5 L/yr
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4 years (4 salaries)	Unlock ₹4 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹8.3 L/yr
6 years (4 salaries)	Unlock ₹3 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹8.7 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹6.5 L/yr

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Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 10 employees for salary & benefits

Personal Banker in Vijayawada

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

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

Salary - Bad

+3 more

Personal Banker in Mumbai

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.

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.

Salary - Poor

+6 more

Branch Relationship Manager in Kolkata

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.

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.

Skill development - Bad

+3 more

Cluster Head in Shivamogga

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

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

Salary - Bad

+6 more

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

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Kotak Mahindra Bank Personal Banker Salary FAQs

What is the salary of Personal Banker at Kotak Mahindra Bank?

Personal Banker salary at Kotak Mahindra Bank in India ranges between ₹2.5 Lakhs to ₹6.5 Lakhs for experience between 2 years to 10 years. According to our estimates it is 8% less than the average Personal Banker Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Personal Banker at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Personal Banker at Kotak Mahindra Bank is 8% less than the average salary of a Personal Banker in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Personal Banker in India?

South Indian Bank Personal Banker Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
HDFC Bank Personal Banker Salary - ₹1.0 Lakhs to ₹8.0 Lakhs per year
Jana Small Finance Bank Personal Banker Salary - ₹3.3 Lakhs to ₹6.9 Lakhs per year
Yes Bank Personal Banker Salary - ₹2.1 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Personal Banker in companies similar to Kotak Mahindra Bank in India?

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

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 ranges between ₹34,863 per month to ₹36,104 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Personal Banker salary in India which ranges between ₹2.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Personal Banker at Kotak Mahindra Bank?

According to AmbitionBox, 45% of the Kotak Mahindra Bank Personal Bankers reported a notice period of 1 Month, 46% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Personal Banker Salaries

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