Kotak Mahindra Bank Mumbai Relationship Officer Salaries by 100+ Employees (Updated 2025)

0 - 6 years exp.

₹2.3 Lakhs - ₹6.1 Lakhs

Salary of majority employees

16% more than 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. (53 salaries)	₹2.7 L/yr - ₹5.5 L/yr
Customer Success, Service & Operations Relationship Officer Salary 1 - 6 years exp. (17 salaries)	₹3 L/yr - ₹5.2 L/yr
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Sales & Business Development Relationship Officer Salary 0 - 6 years exp. (17 salaries)	₹2.5 L/yr - ₹5.5 L/yr
Finance & Accounting Relationship Officer Salary 1 - 6 years exp. (10 salaries)	₹2.8 L/yr - ₹5.5 L/yr
Marketing & Communication Relationship Officer Salary 1 - 3 years exp. (5 salaries)	₹2.8 L/yr - ₹4.7 L/yr

Last Updated: 26 Jan 2025

Relationship Officer salary at Kotak Mahindra Bank ranges between ₹2.3 Lakhs to ₹6.1 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 125 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Relationship Officer salaries in Mumbai

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
Fresher (12 salaries)	₹2.5 L/yr - ₹5.1 L/yr
1 year (18 salaries)	₹2.8 L/yr - ₹5.5 L/yr
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2 years (23 salaries)	₹2.3 L/yr - ₹5.5 L/yr
3 years (18 salaries)	₹3 L/yr - ₹6 L/yr
4 years (23 salaries)	₹3 L/yr - ₹5.5 L/yr
5 years (20 salaries)	₹3 L/yr - ₹5.5 L/yr
6 years (11 salaries)	₹3.6 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.4k salaries)

₹1.65 L/yr - ₹8.2 L/yr

Relationship Manager Salary

(462 salaries)

₹1.8 L/yr - ₹10.5 L/yr

Sales Executive Salary

(181 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Branch Manager Salary

(133 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Sales Manager Salary

(129 salaries)

₹1.8 L/yr - ₹10.7 L/yr

Sales Officer Salary

(66 salaries)

₹1.44 L/yr - ₹3.7 L/yr

Senior Associate Salary

(25 salaries)

₹1.5 L/yr - ₹3.9 L/yr

Collection Officer Salary

(6 salaries)

₹1.95 L/yr - ₹3.68 L/yr

Relationship Executive Salary

(3 salaries)

₹1.5 L/yr - ₹2.65 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

2.3

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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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Relationship Officer Salary FAQs

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

Relationship Officer salary at Kotak Mahindra Bank in Mumbai ranges between ₹2.3 Lakhs to ₹6.1 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 16% more than the average Relationship Officer Salary in India. Salary estimates are based on 125 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Relationship Officer at Kotak Mahindra Bank is 16% more than the average salary of a Relationship Officer in Mumbai. 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 Mumbai.

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

The estimated take-home salary of a Relationship Officer at Kotak Mahindra Bank ranges between ₹24,976 per month to ₹26,415 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Relationship Officer salary in India which ranges between ₹2.3 Lakhs to ₹6.1 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 Mumbai?

According to AmbitionBox, 74% of the Kotak Mahindra Bank Relationship Officers in Mumbai reported a notice period of 1 Month, 8% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 34 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Relationship Officer Salaries in Mumbai

Kotak Mahindra Bank Relationship Officer salary in Mumbai ranges between ₹2.3 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 125 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Relationship Officer salaries in Mumbai

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

Experience wise Kotak Mahindra Bank Relationship Officer salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Relationship Officer

Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Deputy Manager in Thane

Kotak Mahindra Bank Relationship Officer Salary FAQs

Tell us how to improve this page.