Kotak Mahindra Bank Mumbai Phone Banking Officer Salaries by 20+ Employees (Updated 2025)

0 - 4 years exp.

₹1.7 Lakh - ₹3.5 Lakhs

Salary of majority employees

At par with the average Phone Banking Officer Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Phone Banking Officer Salary 0 - 4 years exp. (9 salaries)	₹1.8 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Phone Banking Officer Salary 1 - 4 years exp. (7 salaries)	₹1.7 L/yr - ₹3.1 L/yr
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Finance & Accounting Phone Banking Officer Salary Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr
Sales & Business Development Phone Banking Officer Salary Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.4 L/yr

Last Updated: 4 Jul 2024

Companies similar to Kotak Mahindra Bank for Phone Banking Officer in Mumbai

Kotak Mahindra Bank Phone Banking Officer Salary

0 - 4 years exp. (21 salaries)

₹1.7 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Phone Banking Officer Salary 0 - 5 years exp. (49 salaries)	₹1.4 L/yr - ₹4.5 L/yr 12% less
ICICI Bank Phone Banking Officer Salary 0 - 5 years exp. (312 salaries)	₹0.7 L/yr - ₹5.2 L/yr 3% more
Login to view exact salary
Axis Bank Phone Banking Officer Salary 1 - 4 years exp. (7 salaries)	₹1.1 L/yr - ₹4.5 L/yr 17% less	1 job opening
Yes Bank Phone Banking Officer Salary 0 - 5 years exp. (46 salaries)	₹2 L/yr - ₹4 L/yr 4% less
IndusInd Bank Phone Banking Officer Salary 0 - 5 years exp. (22 salaries)	₹1.8 L/yr - ₹3.6 L/yr 8% less
IDFC FIRST Bank Phone Banking Officer Salary 0 - 7 years exp. (17 salaries)	₹2.1 L/yr - ₹5 L/yr 11% more

Phone Banking Officer salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Phone Banking Officer salaries in Mumbai

Last Updated: 4 Jul 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹2.2 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.4 L/yr
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2 years (3 salaries)	₹1.7 L/yr - ₹3.5 L/yr
3 years (8 salaries)	₹1.8 L/yr - ₹5.7 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.8 L/yr

From

Phone Banking Officer

₹

Lakhs/yr

0 - 4 years exp.

Deputy Manager

₹

Lakhs/yr

0 - 13 years exp.

Phone Banking Officer 0 - 4 years exp.

Assistant Manager 0 - 9 years exp.

13% hike

Deputy Manager 0 - 13 years exp.

43% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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₹2 L/yr - ₹4 L/yr

Customer Service Manager Salary

(16 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Process Associate Salary

(11 salaries)

₹1.6 L/yr - ₹3 L/yr

Telecalling Executive Salary

(5 salaries)

₹1.75 L/yr - ₹3 L/yr

Top skills at Kotak Mahindra Bank for Phone Banking Officer

BPO Customer Service Voice Process Telesales Phone Banking phone banking Outbound Calling Outbound Sales Outbound inbound voice process Customer Care inbound Cross Selling Customer Service customer support

Salary related reviews for Kotak Mahindra Bank

1.0

Rated by 1 employees for salary & benefits

Phone Banking Officer in Thane

Finance & Accounting Department

4.0

• posted on 13 Jul 2018

3.0

for Salary and Benefits

Likes

The people there are very cooperative..kind enough to help you whenever you reach out to them

Job security - Excellent

+2 more

Dislikes

They have rotational shifts and no fixed offs . The salary is not that great and also one needs to really be calm whilst dealing with customers.

Work satisfaction - Bad

+1 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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Phone Banking Officer Salary FAQs

What is the salary of Phone Banking Officer at Kotak Mahindra Bank Mumbai?

Phone Banking Officer salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.7 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 1% more than the average Phone Banking Officer Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a Phone Banking Officer at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?

The average salary of a Phone Banking Officer at Kotak Mahindra Bank is 1% more than the average salary of a Phone Banking Officer in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Phone Banking Officer at Kotak Mahindra Bank?

BPO, Customer Service, Voice Process, Telesales and Phone Banking are some of the popular skills required to work as a Phone Banking Officer at Kotak Mahindra Bank Mumbai.

Which similar companies are paying more than Kotak Mahindra Bank to a Phone Banking Officer in Mumbai?

IDFC FIRST Bank Phone Banking Officer Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year
ICICI Bank Phone Banking Officer Salary - ₹0.7 Lakhs to ₹5.2 Lakhs per year

What is the salary of a Phone Banking Officer in companies similar to Kotak Mahindra Bank in Mumbai?

Yes Bank Phone Banking Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
IndusInd Bank Phone Banking Officer Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
HDFC Bank Phone Banking Officer Salary - ₹1.4 Lakhs to ₹4.5 Lakhs per year
Axis Bank Phone Banking Officer Salary - ₹1.1 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Phone Banking Officer at Kotak Mahindra Bank in Mumbai?

The estimated take-home salary of a Phone Banking Officer at Kotak Mahindra Bank ranges between ₹22,068 per month to ₹23,551 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Phone Banking Officer salary in India which ranges between ₹1.7 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Phone Banking Officer at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 60% of the Kotak Mahindra Bank Phone Banking Officers in Mumbai reported a notice period of 15 days or less, 40% reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Phone Banking Officer Salaries in Mumbai

Kotak Mahindra Bank Phone Banking Officer salary in Mumbai ranges between ₹1.7 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.