Kotak Mahindra Bank Personel Banker Salaries by 3 Employees (Updated 2025)

1 - 3 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Personel Banker Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Personel Banker Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Sales & Business Development Personel Banker Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 10 Jan 2025

Companies similar to Kotak Mahindra Bank for Personel Banker

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Personel Banker Salary 2 - 11 years exp. (206 salaries)	₹2.2 L/yr - ₹7.1 L/yr 65% more
ICICI Bank Personel Banker Salary 2 years exp. (3 salaries)	₹3.9 L/yr - ₹5 L/yr 45% more
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Yes Bank Personel Banker Salary 1 - 8 years exp. (44 salaries)	₹2.5 L/yr - ₹5.4 L/yr 36% more
Barclays Personel Banker Salary 2 - 10 years exp. (7 salaries)	₹4.2 L/yr - ₹6.3 L/yr 86% more
DBS Bank Personel Banker Salary 1 - 8 years exp. (7 salaries)	₹3.9 L/yr - ₹5.3 L/yr 45% more

Personel Banker salary at Kotak Mahindra Bank ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Personel Banker salaries

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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Salary related reviews for Kotak Mahindra Bank

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

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

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

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Kotak Mahindra Bank Personel Banker Salary FAQs

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Personel Bankers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Personel Banker Salaries

Kotak Mahindra Bank Personel Banker salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.