Kotak Mahindra Bank Mumbai Risk Analyst Salaries by 10 Employees

0 - 8 years exp.

₹1.8 Lakh - ₹4.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

69% 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. (5 salaries)	₹1.8 L/yr - ₹2.8 L/yr
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BFSI, Investments & Trading Risk Analyst Salary 4 - 8 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.2 L/yr

Last Updated: 5 Nov 2024

Companies similar to Kotak Mahindra Bank for Risk Analyst in Mumbai

Kotak Mahindra Bank Risk Analyst Salary

0 - 8 years exp. (10 salaries)

₹1.8 L/yr - ₹4.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Risk Analyst Salary 0 - 5 years exp. (62 salaries)	₹6 L/yr - ₹21.8 L/yr 387% more
Axis Bank Risk Analyst Salary 0 - 3 years exp. (36 salaries)	₹5.3 L/yr - ₹15.9 L/yr 243% more
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IDFC FIRST Bank Risk Analyst Salary 0 - 7 years exp. (14 salaries)	₹2.2 L/yr - ₹8.8 L/yr 58% more
Yes Bank Risk Analyst Salary 2 - 4 years exp. (11 salaries)	₹9.9 L/yr - ₹13 L/yr 287% more
HDFC Bank Risk Analyst Salary 0 - 3 years exp. (10 salaries)	₹2.5 L/yr - ₹5.6 L/yr 81% more	1 job opening
IndusInd Bank Risk Analyst Salary 2 - 7 years exp. (7 salaries)	₹7.7 L/yr - ₹17.5 L/yr 353% more
Utkarsh Small Finance Bank Risk Analyst Salary 1 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 15% less

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 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Risk Analyst salaries in Mumbai

Last Updated: 5 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

View all

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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

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

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

Manager OPS in Kolkata

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 18 Mar 2025

2.0

for Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

Salary - Poor

+5 more

Assistant Product Sales Manager in Madurai

Full Time

Sales & Business Development Department

4.0

• posted on 13 Mar 2025

4.0

for Salary and Benefits

Likes

Salary, Skill Development, promotions.

Salary - Good

+3 more

Dislikes

Managers who are not following the company policy. Too much process in account opening and POS. Customer funds are getting hold in the individual current accounts for like 12 months or 13 months. Ridiculous. Worst service provider to the customers. The bank is giving priority to sales only. Not for service.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Risk Analyst Salary FAQs

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

The average salary of a Risk Analyst at Kotak Mahindra Bank in Mumbai 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 in Mumbai at Kotak Mahindra Bank earn more than ₹4.3 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 Mumbai?

The estimated take-home salary of a Risk Analyst at Kotak Mahindra Bank in Mumbai typically ranges from ₹20,062 to ₹21,724 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 in Mumbai?

To be a Risk Analyst at Kotak Mahindra Bank in Mumbai, 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?

ICICI Bank	₹6.0 Lakhs to ₹21.8 Lakhs per year
IndusInd Bank	₹7.7 Lakhs to ₹17.5 Lakhs per year
Yes Bank	₹9.9 Lakhs to ₹13.0 Lakhs per year
Axis Bank	₹5.3 Lakhs to ₹15.9 Lakhs per year
HDFC Bank	₹2.5 Lakhs to ₹5.6 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 Mumbai?

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

IDFC FIRST Bank	₹2.2 Lakhs to ₹8.8 Lakhs per year
Utkarsh Small Finance Bank	₹2.2 Lakhs to ₹3.0 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 Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.6 Lakhs to ₹3.3 Lakhs per year
1 year	₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Risk Analyst Salaries in Mumbai

Kotak Mahindra Bank Risk Analyst salary in Mumbai ranges between ₹1.8 Lakh to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.