Kotak Mahindra Bank Retail Banking Officer Salaries by 5 Employees (Updated 2025)

1 - 6 years exp.

₹2.5 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

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
HDFC Bank Retail Banking Officer Salary 0 - 6 years exp. (25 salaries)	₹1.8 L/yr - ₹4.7 L/yr 14% more
ICICI Bank Retail Banking Officer Salary 0 - 5 years exp. (31 salaries)	₹2 L/yr - ₹3.6 L/yr 4% more
Login to view exact salary
Axis Bank Retail Banking Officer Salary 1 - 4 years exp. (8 salaries)	₹1.5 L/yr - ₹3.5 L/yr 7% less
IndusInd Bank Retail Banking Officer Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 3% less
Yes Bank Retail Banking Officer Salary 0 - 3 years exp. (4 salaries)	₹3 L/yr - ₹3.2 L/yr 10% more
IDFC FIRST Bank Retail Banking Officer Salary 0 - 5 years exp. (34 salaries)	₹2.6 L/yr - ₹4 L/yr 10% more
Bandhan Bank Retail Banking Officer Salary 1 - 3 years exp. (5 salaries)	₹2.5 L/yr - ₹3.3 L/yr 1% more

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.

Experience wise Kotak Mahindra Bank Retail Banking Officer salaries

Last Updated: 27 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.1 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Relationship Officer Salary

(797 salaries)

₹2 L/yr - ₹6.5 L/yr

Senior Officer Salary

(19 salaries)

₹2.3 L/yr - ₹4.5 L/yr

Sales Officer Salary

(341 salaries)

₹1.2 L/yr - ₹4.3 L/yr

Junior Officer Salary

(21 salaries)

₹1.25 L/yr - ₹4 L/yr

Deputy Branch Manager Salary

(188 salaries)

₹4.2 L/yr - ₹16 L/yr

Relationship Manager Salary

(2.5k salaries)

₹1.5 L/yr - ₹10 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.2 L/yr

Officer Salary

(18 salaries)

₹2 L/yr - ₹4 L/yr

Data Entry Operator Salary

(74 salaries)

₹1.05 L/yr - ₹5.05 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹25.56 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

Deputy Branch Manager in Ahmedabad

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.

Salary - Poor

+4 more

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

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

3 participants . expiring in 2w

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

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.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Retail Banking Officer Salaries

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