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Kotak Mahindra Bank Principal Officer salaries in Gandhinagar

Annual salary range
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₹10.8 Lakhs - ₹13.8 Lakhs
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Last Updated: 19 Jun 2024

Principal Officer salary at Kotak Mahindra Bank ranges between ₹10.8 Lakhs to ₹13.8 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Kotak Mahindra Bank.

Salary related reviews for Kotak Mahindra Bank

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 02 Mar 2025

2.0
 for  Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Production, Manufacturing & Engineering Department

3.0
  •  posted on 08 Feb 2025

3.0
 for  Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

  • Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

read more
  • Work satisfaction - Poor
  • +2 more

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.

read more
  • Salary - Bad

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more
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Kotak Mahindra Bank Principal Officer Salary FAQs

How the salary growth look like for a Principal Officer at Kotak Mahindra Bank in Gandhinagar?
The salary growth for a Principal Officer at Kotak Mahindra Bank in Gandhinagar depends on factors such as experience, performance, and promotions. On average, a Principal Officer in Gandhinagar can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
10 years ₹10.8 Lakhs to ₹13.8 Lakhs per year
and so on.

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Kotak Mahindra Bank Principal Officer salary in Gandhinagar ranges between ₹10.8 Lakhs to ₹13.8 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.