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Kotak Mahindra Bank S.R.M salaries in India

Annual salary range
0 - 5 years exp.
₹3 Lakhs - ₹4.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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16% less than the average S.R.M Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 13 Jul 2024

Companies similar to Kotak Mahindra Bank for S.R.M

Company name Avg Annual Salary Open Jobs
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HDFC Bank S.R.M Salary

7 - 13 years exp. (3 salaries)

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₹5 L/yr - ₹17 L/yr

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ICICI Bank S.R.M Salary

0 - 5 years exp. (4 salaries)

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₹3.3 L/yr - ₹7.5 L/yr

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Axis Bank S.R.M Salary

5 - 15 years exp. (4 salaries)

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₹8.3 L/yr - ₹21 L/yr

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IndusInd Bank S.R.M Salary

8 - 14 years exp. (5 salaries)

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₹9.5 L/yr - ₹13.5 L/yr

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Bank of Baroda S.R.M Salary

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S.R.M salary at Kotak Mahindra Bank ranges between ₹3 Lakhs to ₹4.9 Lakhs per year for employees with less than 1 year of experience to 5 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 S.R.M

6mo ago
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4 years exp.
6mo ago
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5 years exp.
1y ago
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4 years exp.
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Experience wise Kotak Mahindra Bank S.R.M salaries

Last Updated: 13 Jul 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹4.8 L/yr
View all

Salary related reviews for Kotak Mahindra Bank

Full Time

 · 

Other Department

1.0
  •  posted on 15 Nov 2024

1.0
 for  Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

read more

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

read more

Full Time

 · 

Other Department

5.0
  •  posted on 12 Nov 2024

5.0
 for  Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

read more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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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

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

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Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 17 Oct 2024

3.0
 for  Salary and Benefits

Likes

Employee home loan facility for staff at lesser rate of interest ....nearly 50% less rest is ok ok

Dislikes

...ime extended working hours .....Which somewhere it disturbs work life balance... Salary hike is average and bonus depends on work

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Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Fixed salary

Dislikes

work culture is very horrible Not supportive attitude of seniors Fake commitments of salary hike No pay for overtimings 365 days (excluded public holidays) never close branch after 7:30 or 8 .

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Kotak Mahindra Bank S.R.M Salary FAQs

What is the salary of S.R.M at Kotak Mahindra Bank?
S.R.M salary at Kotak Mahindra Bank in India ranges between ₹3.0 Lakhs to ₹4.9 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 16% less than the average S.R.M 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 S.R.M at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a S.R.M at Kotak Mahindra Bank is 16% less than the average salary of a S.R.M in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a S.R.M in India?
  • Axis Bank S.R.M Salary - ₹8.3 Lakhs to ₹21.0 Lakhs per year
  • HDFC Bank S.R.M Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
  • IndusInd Bank S.R.M Salary - ₹9.5 Lakhs to ₹13.5 Lakhs per year
  • Bank of Baroda S.R.M Salary - ₹5.6 Lakhs to ₹9.7 Lakhs per year
  • ICICI Bank S.R.M Salary - ₹3.3 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a S.R.M at Kotak Mahindra Bank in India?
The estimated take-home salary of a S.R.M at Kotak Mahindra Bank ranges between ₹24,987 per month to ₹26,426 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank S.R.M salary in India which ranges between ₹3.0 Lakhs to ₹4.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for S.R.M at Kotak Mahindra Bank?
According to AmbitionBox, 100% of the Kotak Mahindra Bank S.R.Ms reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank S.R.M salary in India ranges between ₹3 Lakhs to ₹4.9 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.