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Kotak Mahindra Bank Senior Associate salaries in New Delhi

Annual salary range
1 - 5 years exp.
₹2.2 Lakhs - ₹3.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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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

Sales & Business Development
Senior Associate Salary
2 - 5 years exp. (9 salaries)
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₹2.2 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Senior Associate Salary
1 - 4 years exp. (5 salaries)
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₹2.3 L/yr - ₹3.7 L/yr

Customer Success, Service & Operations
Senior Associate Salary
4 - 5 years exp. (3 salaries)
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₹2.9 L/yr - ₹3 L/yr

Finance & Accounting
Senior Associate Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.5 L/yr

Last Updated: 29 Nov 2024

Companies similar to Kotak Mahindra Bank for Senior Associate in New Delhi

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Kotak Mahindra Bank Senior Associate Salary

1 - 5 years exp. (21 salaries)

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₹2.2 L/yr - ₹3.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Paytm Payments Bank Senior Associate Salary

3 - 9 years exp. (110 salaries)

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₹2.8 L/yr - ₹8.5 L/yr

arrow icon 69% more
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ICICI Bank Senior Associate Salary

0 - 7 years exp. (44 salaries)

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₹1.5 L/yr - ₹3.6 L/yr

arrow icon 9% less
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City Union Bank Senior Associate Salary

0 - 5 years exp. (20 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 75% more
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HDFC Bank Senior Associate Salary

2 - 11 years exp. (6 salaries)

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₹2 L/yr - ₹7.9 L/yr

arrow icon 85% more
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IDFC FIRST Bank Senior Associate Salary

2 - 7 years exp. (4 salaries)

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₹3.1 L/yr - ₹5.3 L/yr

arrow icon 40% more
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Federal Bank Senior Associate Salary

5 - 7 years exp. (3 salaries)

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₹6.8 L/yr - ₹9.5 L/yr

arrow icon 184% more
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₹5.9 L/yr - ₹18.8 L/yr

arrow icon 302% more
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Axis Bank Senior Associate Salary

1 - 4 years exp. (3 salaries)

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₹2.6 L/yr - ₹4.2 L/yr

arrow icon 18% more
Senior Associate salary at Kotak Mahindra Bank ranges between ₹2.2 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Associate in New Delhi

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Experience wise Kotak Mahindra Bank Senior Associate salaries in New Delhi

Last Updated: 29 Nov 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
2 years  (4 salaries)

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₹2.3 L/yr - ₹3.5 L/yr
3 years  (3 salaries)

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₹2.2 L/yr - ₹5.1 L/yr
4 years  (7 salaries)

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₹2.3 L/yr - ₹3.7 L/yr
5 years  (6 salaries)

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₹2.4 L/yr - ₹3.4 L/yr
Kotak Mahindra Bank Senior Associate Salary and Career Growth

From

To

Senior Associate

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1 - 5 years exp.

Deputy Manager

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0 - 13 years exp.

Senior Associate 1 - 5 years exp.
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Assistant Manager 0 - 9 years exp.
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arrow icon 27% hike
    Deputy Manager 0 - 13 years exp.
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    arrow icon 44% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Kotak Mahindra Bank

    Team Lead Salary
    (63 salaries)
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    ₹2 L/yr - ₹7.2 L/yr

    Salary related reviews for Kotak Mahindra Bank

    -

    Rated by 1 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

    • 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.

    read more
    • Salary - Bad
    • +3 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.

    • 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.

    read more
    • Salary - Poor
    • +1 more

    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

    read more
    • Salary - Poor
    • +4 more

    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

    read more
    • Salary - Poor
    • +5 more

    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.

    read more
    see more salary related reviews

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    What people are saying about Kotak Mahindra Bank

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    Kotak Mahindra Bank
    I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.
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    Kotak Mahindra Bank Senior Associate Salary FAQs

    What is the salary of Senior Associate at Kotak Mahindra Bank in New Delhi?
    The average salary of a Senior Associate at Kotak Mahindra Bank in New Delhi typically ranges from ₹2.2 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 1 year to 5 years).

    The top 10% of Senior Associate in New Delhi at Kotak Mahindra Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Senior Associate 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 20+ Kotak Mahindra Bank employees in India.
    What is the estimated take home salary of a Senior Associate at Kotak Mahindra Bank in New Delhi?
    The estimated take-home salary of a Senior Associate at Kotak Mahindra Bank in New Delhi typically ranges from ₹20,281 to ₹21,940 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 1 year to 5 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 20+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than Kotak Mahindra Bank for Senior Associate in India?
    HSBC Global Banking and Markets ₹5.9 Lakhs to ₹18.8 Lakhs per year
    Federal Bank ₹6.8 Lakhs to ₹9.5 Lakhs per year
    HDFC Bank ₹2.0 Lakhs to ₹7.9 Lakhs per year
    City Union Bank ₹3.0 Lakhs to ₹6.0 Lakhs per year
    Paytm Payments Bank ₹2.8 Lakhs to ₹8.5 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 Senior Associate in companies similar to Kotak Mahindra Bank in New Delhi?
    The salary of a Senior Associate at companies similar to Kotak Mahindra Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    IDFC FIRST Bank ₹3.1 Lakhs to ₹5.3 Lakhs per year
    Axis Bank ₹2.6 Lakhs to ₹4.2 Lakhs per year
    ICICI Bank ₹1.5 Lakhs to ₹3.6 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 Senior Associate at Kotak Mahindra Bank in New Delhi?
    The salary growth for a Senior Associate at Kotak Mahindra Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Senior Associate in New Delhi can expect the following growth trajectory at Kotak Mahindra Bank:

    Experience Average Salary Range
    1 year ₹2.5 Lakhs to ₹3.2 Lakhs per year
    2 years ₹2.3 Lakhs to ₹3.5 Lakhs per year
    3 years ₹2.2 Lakhs to ₹5.1 Lakhs per year
    4 years ₹2.3 Lakhs to ₹3.7 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Kotak Mahindra Bank Senior Associate salary in New Delhi ranges between ₹2.2 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.