Upload Button Icon Add office photos
filter salariesFilter salaries by

Kotak Mahindra Bank Retail Banking Officer salaries in India

Annual salary range
1 - 6 years exp.
₹2.5 Lakhs - ₹3 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

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

Interested in this particular role?

Last Updated: 27 Apr 2024

Companies similar to Kotak Mahindra Bank for Retail Banking Officer

Company name Avg Annual Salary Open Jobs
Logo
HDFC Bank Retail Banking Officer Salary

0 - 6 years exp. (25 salaries)

unlock blur

₹1.8 L/yr - ₹4.7 L/yr

arrow icon 14% more
Logo
ICICI Bank Retail Banking Officer Salary

0 - 5 years exp. (31 salaries)

unlock blur

₹2 L/yr - ₹3.6 L/yr

arrow icon 4% more
Logo
Axis Bank Retail Banking Officer Salary

1 - 4 years exp. (8 salaries)

unlock blur

₹1.5 L/yr - ₹3.5 L/yr

arrow icon 7% less
Logo
IndusInd Bank Retail Banking Officer Salary

1 - 6 years exp. (5 salaries)

unlock blur

₹2 L/yr - ₹3.5 L/yr

arrow icon 3% less
Logo
Yes Bank Retail Banking Officer Salary

0 - 3 years exp. (4 salaries)

unlock blur

₹3 L/yr - ₹3.2 L/yr

arrow icon 10% more
Logo
IDFC FIRST Bank Retail Banking Officer Salary

0 - 5 years exp. (34 salaries)

unlock blur

₹2.6 L/yr - ₹4 L/yr

arrow icon 10% more
Logo
Bandhan Bank Retail Banking Officer Salary

1 - 3 years exp. (5 salaries)

unlock blur

₹2.5 L/yr - ₹3.3 L/yr

arrow icon 1% more

Women @ Work is now live!

Explore industry insights, find exclusive jobs & unlock exciting rewards

Retail Banking Officer salary at Kotak Mahindra Bank ranges between ₹2.5 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Retail Banking Officer

8mo ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
5 years exp.
1y ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
1 year exp.

Experience wise Kotak Mahindra Bank Retail Banking Officer salaries

Last Updated: 27 Apr 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹2.5 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹2.7 L/yr - ₹5.1 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹1.1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹1.1 L/yr - ₹3 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

unlock blur
₹2 L/yr - ₹6.5 L/yr
Senior Officer Salary
(19 salaries)
unlock blur
₹2.3 L/yr - ₹4.5 L/yr
Sales Officer Salary
(341 salaries)
unlock blur
₹1.2 L/yr - ₹4.3 L/yr
Junior Officer Salary
(21 salaries)
unlock blur
₹1.25 L/yr - ₹4 L/yr
unlock blur
₹4.2 L/yr - ₹16 L/yr
unlock blur
₹1.5 L/yr - ₹10 L/yr
Deputy Manager Salary
(11.3k salaries)
unlock blur
₹1.65 L/yr - ₹8.2 L/yr
Officer Salary
(18 salaries)
unlock blur
₹2 L/yr - ₹4 L/yr
unlock blur
₹1.05 L/yr - ₹5.05 L/yr
Branch Manager Salary
(1k salaries)
unlock blur
₹7 L/yr - ₹25.56 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

read more
  • Salary - Poor
  • +4 more

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

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Kotak Mahindra Bank Retail Banking Officer Salary FAQs

What is the salary of Retail Banking Officer at Kotak Mahindra Bank?
Retail Banking Officer salary at Kotak Mahindra Bank in India ranges between ₹2.5 Lakhs to ₹3.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 17% less than the average Retail Banking Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Retail Banking Officer at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Retail Banking Officer at Kotak Mahindra Bank is 17% less than the average salary of a Retail Banking Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Retail Banking Officer in India?
  • HDFC Bank Retail Banking Officer Salary - ₹1.8 Lakhs to ₹4.7 Lakhs per year
  • IDFC FIRST Bank Retail Banking Officer Salary - ₹2.6 Lakhs to ₹4.0 Lakhs per year
  • Yes Bank Retail Banking Officer Salary - ₹3.0 Lakhs to ₹3.2 Lakhs per year
  • ICICI Bank Retail Banking Officer Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
  • Bandhan Bank Retail Banking Officer Salary - ₹2.5 Lakhs to ₹3.3 Lakhs per year
What is the salary of a Retail Banking Officer in companies similar to Kotak Mahindra Bank in India?
  • IndusInd Bank Retail Banking Officer Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
  • Axis Bank Retail Banking Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a Retail Banking Officer at Kotak Mahindra Bank in India?
The estimated take-home salary of a Retail Banking Officer at Kotak Mahindra Bank ranges between ₹20,110 per month to ₹21,772 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Retail Banking Officer salary in India which ranges between ₹2.5 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Retail Banking Officer at Kotak Mahindra Bank?
According to AmbitionBox, 50% of the Kotak Mahindra Bank Retail Banking Officers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Retail Banking Officer salary in India ranges between ₹2.5 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.