Kotak Mahindra Bank Procurement Specialist Salaries by 2 Employees

3 - 4 years exp.

₹4.5 Lakhs - ₹5.8 Lakhs

Low Confidence

Salary of majority employees

Interested in this particular role?

Last Updated: 14 Dec 2024

Companies similar to Kotak Mahindra Bank for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
Flex Procurement Specialist Salary 3 - 10 years exp. (514 salaries)	₹3.5 L/yr - ₹8.2 L/yr 34% more
IBM Procurement Specialist Salary 0 - 6 years exp. (413 salaries)	₹2 L/yr - ₹9.3 L/yr 4% less
Login to view exact salary
DuPont Procurement Specialist Salary 0 - 5 years exp. (264 salaries)	₹2.5 L/yr - ₹6.9 L/yr 18% less
SoftwareOne Procurement Specialist Salary 3 - 11 years exp. (223 salaries)	₹4.2 L/yr - ₹10.6 L/yr 52% more
Accenture Procurement Specialist Salary 3 - 14 years exp. (198 salaries)	₹4.2 L/yr - ₹15.8 L/yr 96% more

Procurement Specialist salary at Kotak Mahindra Bank ranges between ₹4.5 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

Procurement Executive Salary

(5 salaries)

₹3.6 L/yr - ₹4 L/yr

Purchase Executive Salary

(4 salaries)

₹3.62 L/yr - ₹4.5 L/yr

Sourcing Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Manager Materials Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Purchase Manager Salary

(3 salaries)

₹5.4 L/yr - ₹7 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Purchase Officer Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Team Lead Salary

(417 salaries)

₹1.5 L/yr - ₹6.75 L/yr

Operations Manager Salary

(251 salaries)

₹2 L/yr - ₹10 L/yr

Senior Engineer Salary

(7 salaries)

₹6 L/yr - ₹16 L/yr

Salary related reviews for Kotak Mahindra Bank

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an assistant manager

With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to consider: •Does it provide the same career opportunities and salary boost as a regular MBA? •How do employers view online MBAs compared to full-time programs? •Are the networking and learning experiences just as effective? •Is the cost justified by the return on investment? If you’ve completed or are considering an Online MBA, I’d love to hear your thoughts! Was it worth it for you? Why or why not? Let’s discuss!

Is an Online MBA Really Worth It?

Yes

Can be, if properly planned

19 participants . poll closed

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Procurement Specialist Salary FAQs

How the salary growth look like for a Procurement Specialist at Kotak Mahindra Bank in India?

The salary growth for a Procurement Specialist at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
3 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Procurement Specialist Salaries

Kotak Mahindra Bank Procurement Specialist salary in India ranges between ₹4.5 Lakhs to ₹5.8 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.