Kotak Mahindra Bank Pune Relationship Officer Salaries by 40+ Employees

1 - 6 years exp.

₹2.5 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% more than the average Relationship Officer Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Officer Salary 1 - 6 years exp. (16 salaries)	₹2.8 L/yr - ₹5.6 L/yr
Marketing & Communication Relationship Officer Salary 1 - 5 years exp. (11 salaries)	₹3 L/yr - ₹5 L/yr
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Sales & Business Development Relationship Officer Salary 1 - 5 years exp. (9 salaries)	₹2.5 L/yr - ₹6 L/yr
Customer Success, Service & Operations Relationship Officer Salary 1 - 6 years exp. (6 salaries)	₹3 L/yr - ₹4.3 L/yr
Finance & Accounting Relationship Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹6 L/yr

Last Updated: 19 Oct 2024

Companies similar to Kotak Mahindra Bank for Relationship Officer in Pune

Kotak Mahindra Bank Relationship Officer Salary

1 - 6 years exp. (49 salaries)

₹2.5 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Relationship Officer Salary 0 - 7 years exp. (296 salaries)	₹1.2 L/yr - ₹5 L/yr 18% less	5 job openings
HDFC Bank Relationship Officer Salary 0 - 8 years exp. (64 salaries)	₹1.5 L/yr - ₹4 L/yr 14% less	1 job opening
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ICICI Bank Relationship Officer Salary 0 - 6 years exp. (43 salaries)	₹1.5 L/yr - ₹4.2 L/yr 8% less
IDFC FIRST Bank Relationship Officer Salary 0 - 7 years exp. (25 salaries)	₹2.6 L/yr - ₹5 L/yr 6% less
IndusInd Bank Relationship Officer Salary 0 - 8 years exp. (19 salaries)	₹1.8 L/yr - ₹4.1 L/yr 3% more	17 job openings
Utkarsh Small Finance Bank Relationship Officer Salary 0 - 6 years exp. (13 salaries)	₹1.7 L/yr - ₹3.9 L/yr 16% less	9 job openings
Ujjivan Small Finance Bank Relationship Officer Salary 1 - 7 years exp. (9 salaries)	₹2.2 L/yr - ₹3.3 L/yr 8% less	1 job opening
Paytm Payments Bank Relationship Officer Salary 1 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹3.6 L/yr 4% less
RBL Bank Relationship Officer Salary 1 - 7 years exp. (4 salaries)	₹2.1 L/yr - ₹3.1 L/yr 16% less
Yes Bank Relationship Officer Salary 2 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹3 L/yr 19% less	1 job opening
Jana Small Finance Bank Relationship Officer Salary 0 - 5 years exp. (3 salaries)	₹1.3 L/yr - ₹3.5 L/yr 26% less
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Relationship Officer salary at Kotak Mahindra Bank ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 49 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Relationship Officer salaries in Pune

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
1 year (5 salaries)	₹2.5 L/yr - ₹5 L/yr
2 years (14 salaries)	₹2.5 L/yr - ₹5.5 L/yr
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3 years (11 salaries)	₹2.7 L/yr - ₹5 L/yr
4 years (11 salaries)	₹2.9 L/yr - ₹6 L/yr
5 years (5 salaries)	₹1.5 L/yr - ₹6 L/yr
6 years (3 salaries)	₹3.5 L/yr - ₹4.7 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(835 salaries)

₹1.75 L/yr - ₹7.5 L/yr

Relationship Manager Salary

(218 salaries)

₹1.5 L/yr - ₹9.75 L/yr

Sales Manager Salary

(81 salaries)

₹2.5 L/yr - ₹11 L/yr

Sales Executive Salary

(66 salaries)

₹1 L/yr - ₹3.5 L/yr

Branch Manager Salary

(53 salaries)

₹7 L/yr - ₹27 L/yr

Sales Officer Salary

(26 salaries)

₹1.5 L/yr - ₹4.2 L/yr

Collection Officer Salary

(4 salaries)

₹2.5 L/yr - ₹3.1 L/yr

Senior Associate Salary

(3 salaries)

₹1.4 L/yr - ₹2.4 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

2.4

Rated by 6 employees for salary & benefits

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 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

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Relationship Officer Salary FAQs

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

The average salary of a Relationship Officer at Kotak Mahindra Bank in Pune typically ranges from ₹2.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Relationship Officer in Pune at Kotak Mahindra Bank earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Relationship Officer Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 40+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Relationship Officer at Kotak Mahindra Bank in Pune typically ranges from ₹24,261 to ₹25,711 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 40+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Relationship Officer at Kotak Mahindra Bank in Pune?

To be a Relationship Officer at Kotak Mahindra Bank in Pune, the key skills required include:

- Insurance
- Banking
- Business Development
- LI
- Direct Sales

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Mahindra Bank for Relationship Officer in India?

IndusInd Bank

₹1.8 Lakhs to ₹4.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Relationship Officer at companies similar to Kotak Mahindra Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Paytm Payments Bank	₹2.4 Lakhs to ₹3.6 Lakhs per year
IDFC FIRST Bank	₹2.6 Lakhs to ₹5.0 Lakhs per year
Ujjivan Small Finance Bank	₹2.2 Lakhs to ₹3.3 Lakhs per year
ICICI Bank	₹1.5 Lakhs to ₹4.2 Lakhs per year
HDFC Bank	₹1.5 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Relationship Officer at Kotak Mahindra Bank in Pune?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹5.0 Lakhs per year
2 years	₹2.5 Lakhs to ₹5.5 Lakhs per year
3 years	₹2.7 Lakhs to ₹5.0 Lakhs per year
4 years	₹2.9 Lakhs to ₹6.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Relationship Officer Salaries in Pune

Kotak Mahindra Bank Relationship Officer salary in Pune ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 49 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.