Kotak Mahindra Bank Process Associate Salaries by 50+ Employees (Updated 2025)

1 - 5 years exp.

₹1.2 Lakh - ₹3.3 Lakhs

Salary of majority employees

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23% less than the average Process Associate Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Process Associate Salary 1 - 5 years exp. (12 salaries)	Unlock ₹1.8 L/yr - ₹3.1 L/yr
Finance & Accounting Process Associate Salary 1 - 5 years exp. (12 salaries)	Unlock ₹1.6 L/yr - ₹3.3 L/yr
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BFSI, Investments & Trading Process Associate Salary 2 - 5 years exp. (10 salaries)	Unlock ₹1.5 L/yr - ₹3 L/yr

Last Updated: 24 Oct 2024

Companies similar to Kotak Mahindra Bank for Process Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Process Associate Salary 1 - 6 years exp. (36 salaries)	Unlock ₹1.2 L/yr - ₹5.4 L/yr 19% more
ICICI Bank Process Associate Salary 1 - 4 years exp. (77 salaries)	Unlock ₹1 L/yr - ₹4.2 L/yr 8% more
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Axis Bank Process Associate Salary 1 - 10 years exp. (25 salaries)	Unlock ₹1.4 L/yr - ₹3.5 L/yr 2% more
State Bank of India Process Associate Salary 0 - 3 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹5.5 L/yr 9% more
IndusInd Bank Process Associate Salary 4 - 7 years exp. (11 salaries)	Unlock ₹1.1 L/yr - ₹3.1 L/yr 5% less
Yes Bank Process Associate Salary 0 - 5 years exp. (28 salaries)	Unlock ₹1.6 L/yr - ₹3.5 L/yr 3% less
Federal Bank Process Associate Salary 0 - 3 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹5 L/yr 15% more
IDFC FIRST Bank Process Associate Salary 0 - 8 years exp. (26 salaries)	Unlock ₹1.8 L/yr - ₹7.5 L/yr 32% more
RBL Bank Process Associate Salary 2 - 10 years exp. (7 salaries)	Unlock ₹1.9 L/yr - ₹3.6 L/yr 2% less
Paytm Payments Bank Process Associate Salary 1 - 6 years exp. (40 salaries)	Unlock ₹2.2 L/yr - ₹4 L/yr 28% more
South Indian Bank Process Associate Salary 0 - 3 years exp. (34 salaries)	Unlock ₹1.8 L/yr - ₹3 L/yr 17% less
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HSBC Global Banking and Markets Process Associate Salary 0 - 5 years exp. (16 salaries)	Unlock ₹2.4 L/yr - ₹5.5 L/yr 65% more
Bank of Baroda Process Associate Salary 1 - 4 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹2.1 L/yr 18% less
Karur Vysya Bank Process Associate Salary 0 - 2 years exp. (4 salaries)	Unlock ₹1 L/yr - ₹1.5 L/yr 43% less
City Union Bank Process Associate Salary 0 - 4 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹4.2 L/yr 28% more

Process Associate salary at Kotak Mahindra Bank ranges between ₹1.2 Lakh to ₹3.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 55 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Process Associate

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5 years exp.

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2 years exp.

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1 year exp.

7mo ago

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5 years exp.

9mo ago

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5 years exp.

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4 years exp.

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4 years exp.

Experience wise Kotak Mahindra Bank Process Associate salaries

Last Updated: 24 Oct 2024

Experience	Avg Annual Salary
1 year (8 salaries)	Unlock ₹1.6 L/yr - ₹2.8 L/yr
2 years (20 salaries)	Unlock ₹1.2 L/yr - ₹3 L/yr
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3 years (10 salaries)	Unlock ₹1.6 L/yr - ₹3.1 L/yr
4 years (10 salaries)	Unlock ₹2 L/yr - ₹3.3 L/yr
5 years (7 salaries)	Unlock ₹2.2 L/yr - ₹3.3 L/yr

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Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 11 employees for salary & benefits

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

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Nov 2023

2.0

for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

Salary - Poor

+4 more

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Kotak Mahindra Bank Process Associate Salary FAQs

What is the salary of Process Associate at Kotak Mahindra Bank?

Process Associate salary at Kotak Mahindra Bank in India ranges between ₹1.2 Lakhs to ₹3.3 Lakhs for experience between 1 years to 5 years. According to our estimates it is 23% less than the average Process Associate Salary in India. Salary estimates are based on 55 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Process Associate at Kotak Mahindra Bank is 23% less than the average salary of a Process Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Process Associate in India?

HSBC Global Banking and Markets Process Associate Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
IDFC FIRST Bank Process Associate Salary - ₹1.8 Lakhs to ₹7.5 Lakhs per year
City Union Bank Process Associate Salary - ₹2.4 Lakhs to ₹4.2 Lakhs per year
Paytm Payments Bank Process Associate Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
HDFC Bank Process Associate Salary - ₹1.2 Lakhs to ₹5.4 Lakhs per year

What is the salary of a Process Associate in companies similar to Kotak Mahindra Bank in India?

Federal Bank Process Associate Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
State Bank of India Process Associate Salary - ₹1.0 Lakhs to ₹5.5 Lakhs per year
ICICI Bank Process Associate Salary - ₹1.0 Lakhs to ₹4.2 Lakhs per year
Axis Bank Process Associate Salary - ₹1.4 Lakhs to ₹3.5 Lakhs per year
RBL Bank Process Associate Salary - ₹1.9 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Process Associate at Kotak Mahindra Bank ranges between ₹17,070 per month to ₹18,777 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Process Associate salary in India which ranges between ₹1.2 Lakhs to ₹3.3 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Process Associate at Kotak Mahindra Bank?

According to AmbitionBox, 61% of the Kotak Mahindra Bank Process Associates reported a notice period of 1 Month, 28% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Process Associate Salaries

Kotak Mahindra Bank Process Associate salary in India ranges between ₹1.2 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 55 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.