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Kotak Mahindra Bank Senior Associate salaries in India

Annual salary range
1 - 5 years exp.
₹1.4 Lakh - ₹4.5 Lakhs
Salary of majority employees
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70% less than the average Senior Associate Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Sales & Business Development
Senior Associate Salary
1 - 5 years exp. (25 salaries)
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₹1.4 L/yr - ₹3.5 L/yr

Finance & Accounting
Senior Associate Salary
1 - 5 years exp. (21 salaries)
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₹1.5 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Senior Associate Salary
1 - 5 years exp. (20 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Senior Associate Salary
1 - 5 years exp. (15 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Risk Management & Compliance
Senior Associate Salary
3 - 5 years exp. (4 salaries)
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₹2.9 L/yr - ₹3.9 L/yr

View all

Last Updated: 5 Jan 2025

Companies similar to Kotak Mahindra Bank for Senior Associate

Company name Avg Annual Salary Open Jobs
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HDFC Bank Senior Associate Salary

0 - 11 years exp. (45 salaries)

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₹1.7 L/yr - ₹8.4 L/yr

arrow icon 113% more
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ICICI Bank Senior Associate Salary

0 - 7 years exp. (526 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 9% less
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Axis Bank Senior Associate Salary

1 - 6 years exp. (17 salaries)

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₹1.9 L/yr - ₹4.9 L/yr

arrow icon 23% more
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State Bank of India Senior Associate Salary

7 - 15 years exp. (60 salaries)

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₹4.5 L/yr - ₹14 L/yr

arrow icon 244% more
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IndusInd Bank Senior Associate Salary

2 - 8 years exp. (10 salaries)

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₹3.6 L/yr - ₹7 L/yr

arrow icon 91% more
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Yes Bank Senior Associate Salary

3 - 13 years exp. (15 salaries)

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₹2.7 L/yr - ₹6 L/yr

arrow icon 37% more
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Federal Bank Senior Associate Salary

4 - 8 years exp. (6 salaries)

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₹6.8 L/yr - ₹9.5 L/yr

arrow icon 167% more
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IDFC FIRST Bank Senior Associate Salary

1 - 7 years exp. (71 salaries)

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₹2 L/yr - ₹5.8 L/yr

arrow icon 39% more
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RBL Bank Senior Associate Salary

1 - 3 years exp. (4 salaries)

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₹2.2 L/yr - ₹8 L/yr

arrow icon 36% more
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Bandhan Bank Senior Associate Salary

1 - 5 years exp. (5 salaries)

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₹1.5 L/yr - ₹12.3 L/yr

arrow icon 136% more
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City Union Bank Senior Associate Salary

0 - 8 years exp. (597 salaries)

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₹2.5 L/yr - ₹6.5 L/yr

arrow icon 75% more
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Paytm Payments Bank Senior Associate Salary

3 - 9 years exp. (313 salaries)

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₹2.3 L/yr - ₹9.7 L/yr

arrow icon 76% more
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₹5.1 L/yr - ₹20.8 L/yr

arrow icon 323% more
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Chase Bank Senior Associate Salary

4 - 11 years exp. (8 salaries)

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₹12 L/yr - ₹27 L/yr

arrow icon 601% more
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₹5 L/yr - ₹8 L/yr

arrow icon 118% more
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₹2 L/yr - ₹3.5 L/yr

arrow icon 18% less
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₹2.2 L/yr - ₹13.5 L/yr

arrow icon 99% more
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IDBI Bank Senior Associate Salary

1 - 7 years exp. (3 salaries)

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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 114% more
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Bank of Baroda Senior Associate Salary

4 years exp. (3 salaries)

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₹8.4 L/yr - ₹33 L/yr

arrow icon 647% more
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₹2.5 L/yr - ₹37 L/yr

arrow icon 483% more
View all
Senior Associate salary at Kotak Mahindra Bank ranges between ₹1.4 Lakh to ₹4.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 118 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Associate

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Experience wise Kotak Mahindra Bank Senior Associate salaries

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
1 year  (13 salaries)

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₹1.6 L/yr - ₹3.5 L/yr
2 years  (26 salaries)

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₹1.4 L/yr - ₹3.5 L/yr
3 years  (25 salaries)

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₹2 L/yr - ₹4.5 L/yr
4 years  (29 salaries)

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₹1.5 L/yr - ₹4 L/yr
5 years  (25 salaries)

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₹1.7 L/yr - ₹4 L/yr

Similar Designation salaries in Kotak Mahindra Bank

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₹3.94 L/yr - ₹14.5 L/yr
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₹8.5 L/yr - ₹20.5 L/yr
Senior Developer Salary
(AmbitionBox Estimate)
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₹39.6 L/yr - ₹50.6 L/yr
Lead Engineer Salary
(AmbitionBox Estimate)
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₹52.3 L/yr - ₹57.8 L/yr
Team Lead Salary
(405 salaries)
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₹1.5 L/yr - ₹6.94 L/yr
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₹3.5 L/yr - ₹15 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Technical Lead Salary
(8 salaries)
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₹20.2 L/yr - ₹64 L/yr
Technology Analyst Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
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₹8 L/yr - ₹13.2 L/yr

Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 20 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 03 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job security

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.

read more

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.

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.

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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

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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

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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

read more

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.

read 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.

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Kotak Mahindra Bank Senior Associate Salary FAQs

What is the salary of Senior Associate at Kotak Mahindra Bank?
Senior Associate salary at Kotak Mahindra Bank in India ranges between ₹1.4 Lakhs to ₹4.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 70% less than the average Senior Associate Salary in India. Salary estimates are based on 118 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Senior Associate at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Senior Associate at Kotak Mahindra Bank is 70% less than the average salary of a Senior Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Senior Associate in India?
  • Bank of Baroda Senior Associate Salary - ₹8.4 Lakhs to ₹33.0 Lakhs per year
  • Chase Bank Senior Associate Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
  • Ujjivan Small Finance Bank Senior Associate Salary - ₹2.5 Lakhs to ₹37.0 Lakhs per year
  • HSBC Global Banking and Markets Senior Associate Salary - ₹5.1 Lakhs to ₹20.8 Lakhs per year
  • State Bank of India Senior Associate Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Senior Associate in companies similar to Kotak Mahindra Bank in India?
  • Federal Bank Senior Associate Salary - ₹6.8 Lakhs to ₹9.5 Lakhs per year
  • Bandhan Bank Senior Associate Salary - ₹1.5 Lakhs to ₹12.3 Lakhs per year
  • Barclays Investment Bank Senior Associate Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
  • IDBI Bank Senior Associate Salary - ₹3.5 Lakhs to ₹8.5 Lakhs per year
  • HDFC Bank Senior Associate Salary - ₹1.7 Lakhs to ₹8.4 Lakhs per year
What is the estimated take home salary of a Senior Associate at Kotak Mahindra Bank in India?
The estimated take-home salary of a Senior Associate at Kotak Mahindra Bank ranges between ₹19,903 per month to ₹21,568 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Associate salary in India which ranges between ₹1.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Senior Associate at Kotak Mahindra Bank?
According to AmbitionBox, 68% of the Kotak Mahindra Bank Senior Associates reported a notice period of 1 Month, 23% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 105 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Associate salary in India ranges between ₹1.4 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 118 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.