Kotak Mahindra Bank Mumbai Senior Business Analyst Salaries by 20+ Employees (Updated 2025)

2 - 9 years exp.

₹9 Lakhs - ₹26 Lakhs

Salary of majority employees

At par with the average Senior Business Analyst Salary in Banking Companies for 2 - 9 years of experience

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Salaries in different departments

Data Science & Analytics Senior Business Analyst Salary 4 - 9 years exp. (12 salaries)	₹9 L/yr - ₹26 L/yr
BFSI, Investments & Trading Senior Business Analyst Salary 2 - 6 years exp. (4 salaries)	₹16 L/yr - ₹21 L/yr
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Project & Program Management Senior Business Analyst Salary 4 - 9 years exp. (AmbitionBox Estimate)	₹15.7 L/yr - ₹20 L/yr

Last Updated: 5 Jan 2025

Companies similar to Kotak Mahindra Bank for Senior Business Analyst in Mumbai

Kotak Mahindra Bank Senior Business Analyst Salary

2 - 9 years exp. (21 salaries)

₹9 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Business Analyst Salary 4 - 16 years exp. (42 salaries)	₹8 L/yr - ₹30 L/yr 24% more
ICICI Bank Senior Business Analyst Salary 10 - 14 years exp. (4 salaries)	₹11.5 L/yr - ₹19 L/yr 13% less
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Axis Bank Senior Business Analyst Salary 2 - 10 years exp. (18 salaries)	₹8.9 L/yr - ₹26 L/yr 17% more
Yes Bank Senior Business Analyst Salary 3 - 12 years exp. (6 salaries)	₹9.2 L/yr - ₹21 L/yr 7% less
IDFC FIRST Bank Senior Business Analyst Salary 4 - 16 years exp. (34 salaries)	₹11.4 L/yr - ₹32.2 L/yr 62% more
RBL Bank Senior Business Analyst Salary 5 - 10 years exp. (4 salaries)	₹9.5 L/yr - ₹19.2 L/yr 15% more
Barclays Investment Bank Senior Business Analyst Salary 2 - 6 years exp. (6 salaries)	₹5.7 L/yr - ₹23 L/yr 8% less

Senior Business Analyst salary at Kotak Mahindra Bank ranges between ₹9 Lakhs to ₹26 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Business Analyst salaries in Mumbai

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹16 L/yr
3 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹19 L/yr
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4 years (3 salaries)	₹12 L/yr - ₹19 L/yr
5 years (5 salaries)	₹12 L/yr - ₹25 L/yr
6 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹20.5 L/yr
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹26 L/yr
8 years (4 salaries)	₹9 L/yr - ₹28.3 L/yr
9 years (3 salaries)	₹12.6 L/yr - ₹20 L/yr

View all

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 - 10 years exp.

5% hike

Senior Product Manager 1 - 9 years exp.

31% hike

From

1 more level

Senior Business Analyst

2 - 9 years exp.

Branch Head Product

Salary unavailable

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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

2.8

Rated by 4 employees for salary & benefits

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

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Kotak Mahindra Bank Senior Business Analyst Salary FAQs

What is the salary of Senior Business Analyst at Kotak Mahindra Bank Mumbai?

Senior Business Analyst salary at Kotak Mahindra Bank in Mumbai ranges between ₹9.0 Lakhs to ₹26.0 Lakhs for experience between 2 years to 9 years. According to our estimates it is 1% less than the average Senior Business Analyst Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

How does the salary of a Senior Business Analyst at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?

The average salary of a Senior Business Analyst at Kotak Mahindra Bank is 1% less than the average salary of a Senior Business Analyst in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Business Analyst at Kotak Mahindra Bank?

Tableau, Business Analysis, Risk Analysis, Data Analysis and SAS are some of the popular skills required to work as a Senior Business Analyst at Kotak Mahindra Bank Mumbai.

Which similar companies are paying more than Kotak Mahindra Bank to a Senior Business Analyst in Mumbai?

IDFC FIRST Bank Senior Business Analyst Salary - ₹11.4 Lakhs to ₹32.2 Lakhs per year
HDFC Bank Senior Business Analyst Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Axis Bank Senior Business Analyst Salary - ₹8.9 Lakhs to ₹26.0 Lakhs per year
RBL Bank Senior Business Analyst Salary - ₹9.5 Lakhs to ₹19.2 Lakhs per year

What is the salary of a Senior Business Analyst in companies similar to Kotak Mahindra Bank in Mumbai?

Yes Bank Senior Business Analyst Salary - ₹9.2 Lakhs to ₹21.0 Lakhs per year
Barclays Investment Bank Senior Business Analyst Salary - ₹5.7 Lakhs to ₹23.0 Lakhs per year
ICICI Bank Senior Business Analyst Salary - ₹11.5 Lakhs to ₹19.0 Lakhs per year

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

The estimated take-home salary of a Senior Business Analyst at Kotak Mahindra Bank ranges between ₹1,05,231 per month to ₹1,08,122 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Business Analyst salary in India which ranges between ₹9.0 Lakhs to ₹26.0 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Business Analyst at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 55% of the Kotak Mahindra Bank Senior Business Analysts in Mumbai reported a notice period of 3 Months, 27% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Business Analyst Salaries in Mumbai

Kotak Mahindra Bank Senior Business Analyst salary in Mumbai ranges between ₹9 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.