Kotak Mahindra Bank Privilege Banker Salaries by 6 Employees

5 - 9 years exp.

₹3.7 Lakhs - ₹14.7 Lakhs

Low Confidence

Salary of majority employees

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67% more than the average Privilege Banker Salary in Banking Companies for 5 - 9 years of experience

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Last Updated: 21 Aug 2024

Companies similar to Kotak Mahindra Bank for Privilege Banker

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Privilege Banker Salary 0 - 10 years exp. (13 salaries)	Unlock ₹3.9 L/yr - ₹6 L/yr 43% less
ICICI Bank Privilege Banker Salary 0 - 10 years exp. (1.1k salaries)	Unlock ₹1.8 L/yr - ₹9 L/yr 40% less
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Axis Bank Privilege Banker Salary 3 - 9 years exp. (5 salaries)	Unlock ₹4.3 L/yr - ₹6.6 L/yr 34% less
IndusInd Bank Privilege Banker Salary 4 - 8 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹6.2 L/yr 51% less
Yes Bank Privilege Banker Salary 3 - 9 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹6.8 L/yr 33% less

Privilege Banker salary at Kotak Mahindra Bank ranges between ₹3.7 Lakhs to ₹14.7 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Privilege Banker salaries

Last Updated: 21 Aug 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹3.7 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹7 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹7.4 L/yr - ₹9.5 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹5.1 L/yr - ₹12 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹15 L/yr

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Salary related reviews for Kotak Mahindra Bank

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

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

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Kotak Mahindra Bank Privilege Banker Salary FAQs

What is the salary of Privilege Banker at Kotak Mahindra Bank?

Privilege Banker salary at Kotak Mahindra Bank in India ranges between ₹3.7 Lakhs to ₹14.7 Lakhs for experience between 5 years to 9 years. According to our estimates it is 67% more than the average Privilege Banker Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Privilege Banker at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Privilege Banker at Kotak Mahindra Bank is 67% more than the average salary of a Privilege Banker in India. To know exact salary insights, login to view.

What is the salary of a Privilege Banker in companies similar to Kotak Mahindra Bank in India?

Yes Bank Privilege Banker Salary - ₹5.0 Lakhs to ₹6.8 Lakhs per year
Axis Bank Privilege Banker Salary - ₹4.3 Lakhs to ₹6.6 Lakhs per year
ICICI Bank Privilege Banker Salary - ₹1.8 Lakhs to ₹9.0 Lakhs per year
HDFC Bank Privilege Banker Salary - ₹3.9 Lakhs to ₹6.0 Lakhs per year
IndusInd Bank Privilege Banker Salary - ₹3.0 Lakhs to ₹6.2 Lakhs per year

What is the estimated take home salary of a Privilege Banker at Kotak Mahindra Bank in India?

The estimated take-home salary of a Privilege Banker at Kotak Mahindra Bank ranges between ₹60,473 per month to ₹62,004 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Privilege Banker salary in India which ranges between ₹3.7 Lakhs to ₹14.7 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Privilege Bankers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Privilege Banker Salaries

Kotak Mahindra Bank Privilege Banker salary in India ranges between ₹3.7 Lakhs to ₹14.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.