Kotak Mahindra Bank Hyderabad / Secunderabad Senior Business Analyst Salaries by 5 Employees (Updated 2025)

5 - 8 years exp.

₹8.2 Lakhs - ₹16 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Senior Business Analyst Salary in Banking Companies for 5 - 8 years of experience

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Salaries in different departments

Data Science & Analytics Senior Business Analyst Salary 5 - 8 years exp. (3 salaries)	₹8.2 L/yr - ₹16 L/yr
BFSI, Investments & Trading Senior Business Analyst Salary 8 years exp. (AmbitionBox Estimate)	₹13.2 L/yr - ₹14.5 L/yr
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Project & Program Management Senior Business Analyst Salary 6 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹14.5 L/yr

Last Updated: 5 Jan 2025

Companies similar to Kotak Mahindra Bank for Senior Business Analyst in Hyderabad / Secunderabad

Kotak Mahindra Bank Senior Business Analyst Salary

5 - 8 years exp. (5 salaries)

₹8.2 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Business Analyst Salary 9 - 15 years exp. (20 salaries)	₹9.1 L/yr - ₹22 L/yr 23% more
HDFC Bank Senior Business Analyst Salary 6 - 15 years exp. (7 salaries)	₹7.4 L/yr - ₹23 L/yr 36% more	1 job opening
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HSBC Global Banking and Markets Senior Business Analyst Salary 6 - 13 years exp. (3 salaries)	₹10 L/yr - ₹23 L/yr 53% more
Bank of Baroda Senior Business Analyst Salary 6 - 10 years exp. (3 salaries)	₹12 L/yr - ₹25 L/yr 51% more
Cognizant Senior Business Analyst Salary 0 - 14 years exp. (233 salaries)	₹8.1 L/yr - ₹24 L/yr 36% more

Senior Business Analyst salary at Kotak Mahindra Bank ranges between ₹8.2 Lakhs to ₹16 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Business Analyst salaries in Hyderabad / Secunderabad

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
6 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
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7 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
8 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr

From

Senior Business Analyst

₹

Lakhs/yr

2 - 9 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 24 years exp.

Senior Business Analyst

2 - 9 years exp.

Product Manager

0 - 12 years exp.

9% hike

Senior Product Manager

1 - 10 years exp.

30% hike

From

View 1 more level

Senior Business Analyst

2 - 9 years exp.

Branch Head Product

Salary unavailable

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

Business Analyst Salary

(24 salaries)

₹5.5 L/yr - ₹16.71 L/yr

Senior Associate Salary

(15 salaries)

₹2 L/yr - ₹3.5 L/yr

Analyst Salary

(4 salaries)

₹1.75 L/yr - ₹9 L/yr

Data Analyst Salary

(3 salaries)

₹4 L/yr - ₹11.5 L/yr

Top skills at Kotak Mahindra Bank for Senior Business Analyst

Tableau Business Analysis Risk Analysis Data Analysis SAS Data Warehousing Data Architecture SQL Development SQL

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

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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 Senior Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at Kotak Mahindra Bank in Hyderabad / Secunderabad?

The average salary of a Senior Business Analyst at Kotak Mahindra Bank in Hyderabad / Secunderabad typically ranges from ₹8.2 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Senior Business Analyst in Hyderabad / Secunderabad at Kotak Mahindra Bank earn more than ₹16.0 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Senior Business 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 5 Kotak Mahindra Bank employees in India.

What is the estimated take home salary of a Senior Business Analyst at Kotak Mahindra Bank in Hyderabad / Secunderabad?

The estimated take-home salary of a Senior Business Analyst at Kotak Mahindra Bank in Hyderabad / Secunderabad typically ranges from ₹88,849 to ₹91,181 per month. This is based on the average salary range of ₹8.2 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 5 years 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 5 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 Senior Business Analyst at Kotak Mahindra Bank in Hyderabad / Secunderabad?

To be a Senior Business Analyst at Kotak Mahindra Bank in Hyderabad / Secunderabad, the key skills required include:

- Tableau
- Business Analysis
- Risk Analysis
- Data Analysis
- SAS

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 Senior Business Analyst in India?

HSBC Global Banking and Markets	₹10.0 Lakhs to ₹23.0 Lakhs per year
Bank of Baroda	₹12.0 Lakhs to ₹25.0 Lakhs per year
Cognizant	₹8.1 Lakhs to ₹24.0 Lakhs per year
HDFC Bank	₹7.4 Lakhs to ₹23.0 Lakhs per year
ICICI Bank	₹9.1 Lakhs to ₹22.0 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.

How the salary growth look like for a Senior Business Analyst at Kotak Mahindra Bank in Hyderabad / Secunderabad?

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

Experience	Average Salary Range
5 years	₹11.1 Lakhs to ₹14.2 Lakhs per year
6 years	₹11.4 Lakhs to ₹14.6 Lakhs per year
7 years	₹11.7 Lakhs to ₹15.0 Lakhs per year
8 years	₹12.0 Lakhs to ₹15.3 Lakhs per year

and so on.

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Kotak Mahindra Bank Senior Business Analyst Salaries in Hyderabad / Secunderabad

Kotak Mahindra Bank Senior Business Analyst salary in Hyderabad / Secunderabad ranges between ₹8.2 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Senior Business Analyst salaries in Hyderabad / Secunderabad (Updated 2025)

Companies similar to Kotak Mahindra Bank for Senior Business Analyst in Hyderabad / Secunderabad

Latest annual salaries shared by Kotak Mahindra Bank Senior Business Analyst in Hyderabad / Secunderabad

Experience wise Kotak Mahindra Bank Senior Business Analyst salaries in Hyderabad / Secunderabad

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Senior Business Analyst

Salary related reviews for Kotak Mahindra Bank

Assistant Vice President in Ernakulam

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Senior Business Analyst Salary FAQs

Tell us how to improve this page.