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Kotak Mahindra Bank Personal Banker salaries in Mumbai

Annual salary range
3 - 8 years exp.
₹3 Lakhs - ₹5.5 Lakhs
Salary of majority employees
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11% less than the average Personal Banker Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Personal Banker Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹4.8 L/yr

Customer Success, Service & Operations
Personal Banker Salary
3 years exp. (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Finance & Accounting
Personal Banker Salary
5 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

Last Updated: 23 Dec 2024

Companies similar to Kotak Mahindra Bank for Personal Banker in Mumbai

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Kotak Mahindra Bank Personal Banker Salary

3 - 8 years exp. (5 salaries)

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₹3 L/yr - ₹5.5 L/yr

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

0 - 12 years exp. (479 salaries)

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₹1.5 L/yr - ₹8.1 L/yr

arrow icon 22% more
19 job openings
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ICICI Bank Personal Banker Salary

0 - 6 years exp. (6 salaries)

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₹3.6 L/yr - ₹6 L/yr

arrow icon 10% more
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Axis Bank Personal Banker Salary

5 - 9 years exp. (5 salaries)

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₹4.5 L/yr - ₹6 L/yr

arrow icon 23% more
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Yes Bank Personal Banker Salary

0 - 9 years exp. (87 salaries)

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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 6% more
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IDFC FIRST Bank Personal Banker Salary

4 - 6 years exp. (3 salaries)

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₹3.8 L/yr - ₹4.5 L/yr

arrow icon 7% less
Personal Banker salary at Kotak Mahindra Bank ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Personal Banker in Mumbai

2w ago
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5 years exp.
3w ago
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3 years exp.
1y ago
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8 years exp.

Experience wise Kotak Mahindra Bank Personal Banker salaries in Mumbai

Last Updated: 23 Dec 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹7.8 L/yr
6 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8.3 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(3.3k salaries)
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₹1.65 L/yr - ₹8 L/yr
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₹1.8 L/yr - ₹10.5 L/yr
Branch Manager Salary
(132 salaries)
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₹7.5 L/yr - ₹25.56 L/yr
Sales Manager Salary
(130 salaries)
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₹1.8 L/yr - ₹10 L/yr
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₹6.5 L/yr - ₹20 L/yr
Branch Head Salary
(26 salaries)
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₹8 L/yr - ₹22 L/yr
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₹8.15 L/yr - ₹13.55 L/yr

Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 3 employees for salary & benefits

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.

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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.

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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

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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

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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.

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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.

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Full Time

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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

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Full Time

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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

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.

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Kotak Mahindra Bank Personal Banker Salary FAQs

What is the salary of Personal Banker at Kotak Mahindra Bank Mumbai?
Personal Banker salary at Kotak Mahindra Bank in Mumbai ranges between ₹3.0 Lakhs to ₹5.5 Lakhs for experience between 3 years to 8 years. According to our estimates it is 11% less than the average Personal Banker 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 Personal Banker at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Personal Banker at Kotak Mahindra Bank is 11% less than the average salary of a Personal Banker in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Personal Banker in Mumbai?
  • Axis Bank Personal Banker Salary - ₹4.5 Lakhs to ₹6.0 Lakhs per year
  • HDFC Bank Personal Banker Salary - ₹1.5 Lakhs to ₹8.1 Lakhs per year
  • ICICI Bank Personal Banker Salary - ₹3.6 Lakhs to ₹6.0 Lakhs per year
  • Yes Bank Personal Banker Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Personal Banker in companies similar to Kotak Mahindra Bank in Mumbai?
  • IDFC FIRST Bank Personal Banker Salary - ₹3.8 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Personal Banker at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Personal Banker at Kotak Mahindra Bank ranges between ₹32,710 per month to ₹33,984 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Personal Banker salary in India which ranges between ₹3.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Personal Banker at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 50% of the Kotak Mahindra Bank Personal Bankers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Personal Banker salary in Mumbai ranges between ₹3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.