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

0 - 6 years exp.

₹1.8 Lakh - ₹3.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Personal Loan Officer Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Sales & Business Development Personal Loan Officer Salary 2 - 5 years exp. (3 salaries)	₹2.3 L/yr - ₹3 L/yr
Finance & Accounting Personal Loan Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.7 L/yr
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BFSI, Investments & Trading Personal Loan Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.7 L/yr

Last Updated: 18 Mar 2025

Companies similar to Kotak Mahindra Bank for Personal Loan Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Personal Loan Officer Salary 0 - 5 years exp. (92 salaries)	₹1.2 L/yr - ₹4.5 L/yr 4% more
HDFC Bank Personal Loan Officer Salary 0 - 5 years exp. (71 salaries)	₹1.2 L/yr - ₹4.3 L/yr 4% less
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Axis Bank Personal Loan Officer Salary 0 - 6 years exp. (66 salaries)	₹1.3 L/yr - ₹3.5 L/yr At par	2 job openings
Ujjivan Small Finance Bank Personal Loan Officer Salary 2 - 7 years exp. (30 salaries)	₹2 L/yr - ₹3.5 L/yr 17% more
IDFC FIRST Bank Personal Loan Officer Salary 0 - 4 years exp. (26 salaries)	₹1.8 L/yr - ₹3.5 L/yr 3% more
IndusInd Bank Personal Loan Officer Salary 0 - 5 years exp. (11 salaries)	₹1.5 L/yr - ₹3.6 L/yr 9% more
Bandhan Bank Personal Loan Officer Salary 0 - 6 years exp. (8 salaries)	₹2.3 L/yr - ₹3.6 L/yr 11% more
Yes Bank Personal Loan Officer Salary 2 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹3.6 L/yr 17% more
RBL Bank Personal Loan Officer Salary 1 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr At par
Jana Small Finance Bank Personal Loan Officer Salary 0 - 2 years exp. (3 salaries)	₹1.9 L/yr - ₹2.5 L/yr 5% less

Personal Loan Officer salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Personal Loan Officer salaries

Last Updated: 18 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.3 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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2 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.7 L/yr
5 years (4 salaries)	₹1.8 L/yr - ₹2.7 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.4 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

3.7

Rated by 4 employees for salary & benefits

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Personal Loan Officer Salary FAQs

What is the salary of Personal Loan Officer at Kotak Mahindra Bank ?

The average salary of a Personal Loan Officer at Kotak Mahindra Bank in India typically ranges from ₹1.8 Lakhs to ₹3.7 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Personal Loan Officer at Kotak Mahindra Bank earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Personal Loan Officer 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 Loan Officer at Kotak Mahindra Bank in India?

The estimated take-home salary of a Personal Loan Officer at Kotak Mahindra Bank in India typically ranges from ₹16,907 to ₹18,616 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from Fresher to 6 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 Loan Officer in India?

Yes Bank	₹1.9 Lakhs to ₹3.6 Lakhs per year
Ujjivan Small Finance Bank	₹2.0 Lakhs to ₹3.5 Lakhs per year
Bandhan Bank	₹2.3 Lakhs to ₹3.6 Lakhs per year
IndusInd Bank	₹1.5 Lakhs to ₹3.6 Lakhs per year
ICICI Bank	₹1.2 Lakhs to ₹4.5 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 Loan Officer in companies similar to Kotak Mahindra Bank in India?

The salary of a Personal Loan Officer at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank	₹1.8 Lakhs to ₹3.5 Lakhs per year
RBL Bank	₹2.0 Lakhs to ₹3.0 Lakhs per year
Axis Bank	₹1.3 Lakhs to ₹3.5 Lakhs per year
HDFC Bank	₹1.2 Lakhs to ₹4.3 Lakhs per year
Jana Small Finance Bank	₹1.9 Lakhs to ₹2.5 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 Loan Officer at Kotak Mahindra Bank in India?

The salary growth for a Personal Loan Officer at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Personal Loan Officer can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹4.3 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹1.0 Lakhs to ₹3.0 Lakhs per year
3 years	₹1.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Personal Loan Officer Salaries

Kotak Mahindra Bank Personal Loan Officer salary in India ranges between ₹1.8 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.