Kotak Mahindra Bank Personal Banker Authoriser Salaries by 4 Employees (Updated 2024)

4 - 9 years exp.

₹5 Lakhs - ₹6.3 Lakhs

Low Confidence

Salary of majority employees

21% less than the average Personal Banker Authoriser Salary in Banking Companies for 4 - 9 years of experience

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Last Updated: 24 Jul 2024

Companies similar to Kotak Mahindra Bank for Personal Banker Authoriser

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Personal Banker Authoriser Salary 4 - 15 years exp. (616 salaries)	₹2.9 L/yr - ₹12 L/yr 30% more	1 job opening
ICICI Bank Personal Banker Authoriser Salary 1 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹6 L/yr 20% less
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Axis Bank Personal Banker Authoriser Salary 2 - 7 years exp. (4 salaries)	₹5.8 L/yr - ₹9.5 L/yr 37% more
IndusInd Bank Personal Banker Authoriser Salary 5 - 12 years exp. (4 salaries)	₹2.4 L/yr - ₹10.5 L/yr 8% more
Yes Bank Personal Banker Authoriser Salary 2 - 7 years exp. (33 salaries)	₹3.5 L/yr - ₹7.5 L/yr 10% less
IDFC FIRST Bank Personal Banker Authoriser Salary 3 - 8 years exp. (22 salaries)	₹3.6 L/yr - ₹8 L/yr 2% less

Personal Banker Authoriser salary at Kotak Mahindra Bank ranges between ₹5 Lakhs to ₹6.3 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Personal Banker Authoriser salaries

Last Updated: 24 Jul 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.2 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹11 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹6.3 L/yr

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Salary related reviews for Kotak Mahindra Bank

2.5

Rated by 2 employees for salary & benefits

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

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.

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.

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

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

Service Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2024

1.0

for Salary and Benefits

Likes

All process al very smooth and cooperative staff

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

4 participants . poll closed

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Kotak Mahindra Bank Personal Banker Authoriser Salary FAQs

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

Personal Banker Authoriser salary at Kotak Mahindra Bank in India ranges between ₹5.0 Lakhs to ₹6.3 Lakhs for experience between 4 years to 9 years. According to our estimates it is 21% less than the average Personal Banker Authoriser Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Personal Banker Authoriser at Kotak Mahindra Bank is 21% less than the average salary of a Personal Banker Authoriser in India. To know exact salary insights, login to view.

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

Axis Bank Personal Banker Authoriser Salary - ₹5.8 Lakhs to ₹9.5 Lakhs per year
HDFC Bank Personal Banker Authoriser Salary - ₹2.9 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank Personal Banker Authoriser Salary - ₹2.4 Lakhs to ₹10.5 Lakhs per year

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

IDFC FIRST Bank Personal Banker Authoriser Salary - ₹3.6 Lakhs to ₹8.0 Lakhs per year
Yes Bank Personal Banker Authoriser Salary - ₹3.5 Lakhs to ₹7.5 Lakhs per year
ICICI Bank Personal Banker Authoriser Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Personal Banker Authoriser at Kotak Mahindra Bank in India?

The estimated take-home salary of a Personal Banker Authoriser at Kotak Mahindra Bank ranges between ₹43,377 per month to ₹44,492 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Personal Banker Authoriser salary in India which ranges between ₹5.0 Lakhs to ₹6.3 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Personal Banker Authorisers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Personal Banker Authoriser Salaries

Kotak Mahindra Bank Personal Banker Authoriser salary in India ranges between ₹5 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.