Kotak Mahindra Bank Chennai Senior Associate Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹1.6 Lakh - ₹3.2 Lakhs

Salary of majority employees

71% less than the average Senior Associate Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting Senior Associate Salary 1 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹3 L/yr
Customer Success, Service & Operations Senior Associate Salary 4 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Sales & Business Development Senior Associate Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.7 L/yr

Last Updated: 22 Dec 2024

Companies similar to Kotak Mahindra Bank for Senior Associate in Chennai

Kotak Mahindra Bank Senior Associate Salary

1 - 5 years exp. (13 salaries)

₹1.6 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Associate Salary 1 - 9 years exp. (7 salaries)	₹3.8 L/yr - ₹8 L/yr 128% more
ICICI Bank Senior Associate Salary 0 - 5 years exp. (56 salaries)	₹1.6 L/yr - ₹4 L/yr 1% less
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State Bank of India Senior Associate Salary 10 - 15 years exp. (5 salaries)	₹5 L/yr - ₹9 L/yr 236% more
IndusInd Bank Senior Associate Salary 4 - 8 years exp. (3 salaries)	₹3.6 L/yr - ₹5.9 L/yr 69% more
Yes Bank Senior Associate Salary 3 - 6 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 34% more
City Union Bank Senior Associate Salary 0 - 7 years exp. (227 salaries)	₹2.5 L/yr - ₹6.5 L/yr 85% more
Paytm Payments Bank Senior Associate Salary 4 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹5.3 L/yr 85% more
Barclays Investment Bank Senior Associate Salary 4 - 7 years exp. (3 salaries)	₹5 L/yr - ₹6.1 L/yr 125% more

Senior Associate salary at Kotak Mahindra Bank ranges between ₹1.6 Lakh to ₹3.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Associate salaries in Chennai

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
4 years (6 salaries)	₹2 L/yr - ₹3.2 L/yr
5 years (4 salaries)	₹1.7 L/yr - ₹4.8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Team Lead Salary

(17 salaries)

₹2 L/yr - ₹6.75 L/yr

Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

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

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.

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.

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.

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

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

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

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.

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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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Senior Associate Salary FAQs

What is the salary of Senior Associate at Kotak Mahindra Bank Chennai?

Senior Associate salary at Kotak Mahindra Bank in Chennai ranges between ₹1.6 Lakhs to ₹3.2 Lakhs for experience between 1 years to 5 years. According to our estimates it is 71% less than the average Senior Associate Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Kotak Mahindra Bank Chennai.

How does the salary of a Senior Associate at Kotak Mahindra Bank Chennai compare with the average salary range for this job?

The average salary of a Senior Associate at Kotak Mahindra Bank is 71% less than the average salary of a Senior Associate in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Senior Associate in Chennai?

State Bank of India Senior Associate Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year
HDFC Bank Senior Associate Salary - ₹3.8 Lakhs to ₹8.0 Lakhs per year
Barclays Investment Bank Senior Associate Salary - ₹5.0 Lakhs to ₹6.1 Lakhs per year
City Union Bank Senior Associate Salary - ₹2.5 Lakhs to ₹6.5 Lakhs per year
Paytm Payments Bank Senior Associate Salary - ₹3.6 Lakhs to ₹5.3 Lakhs per year

What is the salary of a Senior Associate in companies similar to Kotak Mahindra Bank in Chennai?

IndusInd Bank Senior Associate Salary - ₹3.6 Lakhs to ₹5.9 Lakhs per year
Yes Bank Senior Associate Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
ICICI Bank Senior Associate Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Senior Associate at Kotak Mahindra Bank in Chennai?

The estimated take-home salary of a Senior Associate at Kotak Mahindra Bank ranges between ₹17,791 per month to ₹19,487 per month in Chennai. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Associate salary in India which ranges between ₹1.6 Lakhs to ₹3.2 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 in Chennai?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Senior Associates in Chennai reported a notice period of 15 days or less, 42% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Associate Salaries in Chennai

Kotak Mahindra Bank Senior Associate salary in Chennai ranges between ₹1.6 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.