Kotak Mahindra Bank Risk Analyst Salaries by 10+ Employees (Updated 2025)

0 - 8 years exp.

₹1.8 Lakh - ₹4.3 Lakhs

Salary of majority employees

59% less than the average Risk Analyst Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Risk Management & Compliance Risk Analyst Salary 1 - 7 years exp. (6 salaries)	₹1.8 L/yr - ₹3.6 L/yr
BFSI, Investments & Trading Risk Analyst Salary 2 - 8 years exp. (5 salaries)	₹2 L/yr - ₹3.6 L/yr
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Finance & Accounting Risk Analyst Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Last Updated: 15 Mar 2025

Companies similar to Kotak Mahindra Bank for Risk Analyst

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Risk Analyst Salary 0 - 3 years exp. (125 salaries)	₹0.9 L/yr - ₹8 L/yr 8% more	1 job opening
ICICI Bank Risk Analyst Salary 0 - 5 years exp. (148 salaries)	₹5.5 L/yr - ₹20.5 L/yr 282% more
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Axis Bank Risk Analyst Salary 0 - 3 years exp. (45 salaries)	₹4 L/yr - ₹13.5 L/yr 152% more
State Bank of India Risk Analyst Salary 4 - 12 years exp. (3 salaries)	₹12.5 L/yr - ₹25 L/yr 501% more
IndusInd Bank Risk Analyst Salary 2 - 7 years exp. (7 salaries)	₹7.7 L/yr - ₹17.5 L/yr 272% more
Yes Bank Risk Analyst Salary 0 - 5 years exp. (22 salaries)	₹1.4 L/yr - ₹10 L/yr 64% more
Federal Bank Risk Analyst Salary 3 - 5 years exp. (3 salaries)	₹7 L/yr - ₹9 L/yr 145% more
IDFC FIRST Bank Risk Analyst Salary 0 - 7 years exp. (22 salaries)	₹2 L/yr - ₹8.6 L/yr 45% more
RBL Bank Risk Analyst Salary 0 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹5 L/yr 28% more
Bandhan Bank Risk Analyst Salary 6 - 14 years exp. (5 salaries)	₹4.3 L/yr - ₹16.2 L/yr 235% more
Paytm Payments Bank Risk Analyst Salary 2 - 6 years exp. (13 salaries)	₹2.2 L/yr - ₹5.6 L/yr 9% more
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Jana Small Finance Bank Risk Analyst Salary 1 - 3 years exp. (7 salaries)	₹6 L/yr - ₹12 L/yr 179% more
HSBC Global Banking and Markets Risk Analyst Salary 0 - 4 years exp. (6 salaries)	₹9.5 L/yr - ₹12 L/yr 238% more
Utkarsh Small Finance Bank Risk Analyst Salary 1 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹3 L/yr 22% less
Bank of Baroda Risk Analyst Salary 1 - 12 years exp. (4 salaries)	₹9 L/yr - ₹23.5 L/yr 405% more

Risk Analyst salary at Kotak Mahindra Bank ranges between ₹1.8 Lakh to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Risk Analyst salaries

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.3 L/yr
1 year (3 salaries)	₹2 L/yr - ₹4.3 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹5.8 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.7 L/yr
4 years (5 salaries)	₹1.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.7 L/yr

View all

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Research Analyst Salary

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₹7.4 L/yr - ₹9.4 L/yr

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Top skills at Kotak Mahindra Bank for Risk Analyst

Credit Appraisal Credit Credit Underwriting NBFC Structured Finance Credit Risk Analysis Pharma

Salary related reviews for Kotak Mahindra Bank

2.0

Rated by 1 employees for salary & benefits

Team Lead in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Job security - Excellent

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

Salary - Poor

+1 more

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Good

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Salary - Bad

+3 more

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Risk Analyst Salary FAQs

What is the salary of Risk Analyst at Kotak Mahindra Bank ?

The average salary of a Risk Analyst at Kotak Mahindra Bank in India typically ranges from ₹1.8 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Risk Analyst at Kotak Mahindra Bank earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Risk Analyst 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 10+ Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Risk Analyst at Kotak Mahindra Bank in India?

The estimated take-home salary of a Risk Analyst at Kotak Mahindra Bank in India typically ranges from ₹23,006 to ₹24,474 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from Fresher to 8 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 10+ 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 Risk Analyst at Kotak Mahindra Bank ?

To be a Risk Analyst at Kotak Mahindra Bank in india, the key skills required include:

- Credit Appraisal
- Credit
- Credit Underwriting
- NBFC
- Structured Finance

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 Risk Analyst in India?

State Bank of India	₹12.5 Lakhs to ₹25.0 Lakhs per year
Bank of Baroda	₹9.0 Lakhs to ₹23.5 Lakhs per year
ICICI Bank	₹5.5 Lakhs to ₹20.5 Lakhs per year
IndusInd Bank	₹7.7 Lakhs to ₹17.5 Lakhs per year
HSBC Global Banking and Markets	₹9.5 Lakhs to ₹12.0 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 Risk Analyst in companies similar to Kotak Mahindra Bank in India?

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

Bandhan Bank	₹4.3 Lakhs to ₹16.2 Lakhs per year
Jana Small Finance Bank	₹6.0 Lakhs to ₹12.0 Lakhs per year
Axis Bank	₹4.0 Lakhs to ₹13.5 Lakhs per year
Federal Bank	₹7.0 Lakhs to ₹9.0 Lakhs per year
Yes Bank	₹1.4 Lakhs to ₹10.0 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 Risk Analyst at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹4.3 Lakhs per year
1 year	₹2.0 Lakhs to ₹4.3 Lakhs per year
2 years	₹2.0 Lakhs to ₹5.8 Lakhs per year
3 years	₹2.8 Lakhs to ₹5.7 Lakhs per year

and so on.

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Kotak Mahindra Bank Risk Analyst Salaries

Kotak Mahindra Bank Risk Analyst salary in India ranges between ₹1.8 Lakh to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.