Kotak Mahindra Bank Indore Relationship Officer Salaries by 10+ Employees

0 - 6 years exp.

₹2.5 Lakhs - ₹6 Lakhs

Salary of majority employees

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At par with the average Relationship Officer Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Officer Salary 0 - 6 years exp. (10 salaries)	Unlock ₹2.5 L/yr - ₹6 L/yr
Sales & Business Development Relationship Officer Salary 1 - 6 years exp. (4 salaries)	Unlock ₹2.7 L/yr - ₹5.1 L/yr
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Customer Success, Service & Operations Relationship Officer Salary 2 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.8 L/yr
Finance & Accounting Relationship Officer Salary 3 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 8 Apr 2024

Companies similar to Kotak Mahindra Bank for Relationship Officer in Indore

Kotak Mahindra Bank Relationship Officer Salary

0 - 6 years exp. (18 salaries)

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₹2.5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Relationship Officer Salary 0 - 6 years exp. (19 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr 8% more
IDFC FIRST Bank Relationship Officer Salary 0 - 6 years exp. (21 salaries)	Unlock ₹1.8 L/yr - ₹5.5 L/yr 12% more
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Ujjivan Small Finance Bank Relationship Officer Salary 1 - 6 years exp. (9 salaries)	Unlock ₹2.2 L/yr - ₹3.5 L/yr 4% less
Utkarsh Small Finance Bank Relationship Officer Salary 2 - 6 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹3.2 L/yr 10% less	17 job openings
AU Small Finance Bank Relationship Officer Salary 0 - 8 years exp. (32 salaries)	Unlock ₹1.3 L/yr - ₹5.3 L/yr 14% more	11 job openings

Relationship Officer salary at Kotak Mahindra Bank ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Relationship Officer in Indore

11mo ago

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3 years exp.

1y ago

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2 years exp.

1y ago

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6 years exp.

1y ago

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6 years exp.

1y ago

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1 year exp.

1y ago

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3 years exp.

1y ago

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5 years exp.

1y ago

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2 years exp.

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1 year exp.

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2 years exp.

Experience wise Kotak Mahindra Bank Relationship Officer salaries in Indore

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹5.1 L/yr
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2 years (4 salaries)	Unlock ₹2.7 L/yr - ₹3.8 L/yr
3 years (5 salaries)	Unlock ₹3 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.3 L/yr - ₹6 L/yr
5 years (3 salaries)	Unlock ₹1.4 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹5.1 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Branch Manager Salary

(33 salaries)

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₹8.75 L/yr - ₹20 L/yr

Sales Manager Salary

(29 salaries)

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₹1.8 L/yr - ₹9.5 L/yr

Top skills at Kotak Mahindra Bank for Relationship Officer

Insurance Banking Business Development LI Direct Sales Product Sales Field Sales Portfolio Management Relationship Management MF Casa Sales Customer Service stock broking Cross Selling

Salary related reviews for Kotak Mahindra Bank

1.5

Rated by 2 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 Relationship Officer Salary FAQs

What is the salary of Relationship Officer at Kotak Mahindra Bank Indore?

Relationship Officer salary at Kotak Mahindra Bank in Indore ranges between ₹2.5 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 3% more than the average Relationship Officer Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Kotak Mahindra Bank Indore.

How does the salary of a Relationship Officer at Kotak Mahindra Bank Indore compare with the average salary range for this job?

The average salary of a Relationship Officer at Kotak Mahindra Bank is 3% more than the average salary of a Relationship Officer in Indore. To know exact salary insights, login to view.

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

Insurance, Banking, Business Development, LI and Direct Sales are some of the popular skills required to work as a Relationship Officer at Kotak Mahindra Bank Indore.

Which similar companies are paying more than Kotak Mahindra Bank to a Relationship Officer in Indore?

AU Small Finance Bank Relationship Officer Salary - ₹1.3 Lakhs to ₹5.3 Lakhs per year
IDFC FIRST Bank Relationship Officer Salary - ₹1.8 Lakhs to ₹5.5 Lakhs per year
IndusInd Bank Relationship Officer Salary - ₹1.5 Lakhs to ₹4.5 Lakhs per year

What is the salary of a Relationship Officer in companies similar to Kotak Mahindra Bank in Indore?

Ujjivan Small Finance Bank Relationship Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Utkarsh Small Finance Bank Relationship Officer Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year

What is the estimated take home salary of a Relationship Officer at Kotak Mahindra Bank in Indore?

The estimated take-home salary of a Relationship Officer at Kotak Mahindra Bank ranges between ₹23,184 per month to ₹24,650 per month in Indore. The take-home salary calculation is based on the average Kotak Mahindra Bank Relationship Officer salary in India which ranges between ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Relationship Officer at Kotak Mahindra Bank in Indore?

According to AmbitionBox, 67% of the Kotak Mahindra Bank Relationship Officers in Indore reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Relationship Officer Salaries in Indore

Kotak Mahindra Bank Relationship Officer salary in Indore ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.