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

1 - 6 years exp.

₹2.3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

29% less than the average Senior Officer Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Officer Salary 1 - 5 years exp. (5 salaries)	₹2.9 L/yr - ₹4 L/yr
Customer Success, Service & Operations Senior Officer Salary 1 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr
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Sales & Business Development Senior Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.5 L/yr

Last Updated: 15 Feb 2025

Companies similar to Kotak Mahindra Bank for Senior Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Officer Salary 0 - 12 years exp. (501 salaries)	₹1.2 L/yr - ₹7.9 L/yr 4% less	1 job opening
ICICI Bank Senior Officer Salary 0 - 5 years exp. (3.4k salaries)	₹1.1 L/yr - ₹6 L/yr 13% less
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Axis Bank Senior Officer Salary 1 - 7 years exp. (58 salaries)	₹1.5 L/yr - ₹4.5 L/yr 24% less
State Bank of India Senior Officer Salary 1 - 11 years exp. (4 salaries)	₹7.6 L/yr - ₹22.4 L/yr 240% more
IndusInd Bank Senior Officer Salary 3 - 8 years exp. (14 salaries)	₹2.6 L/yr - ₹3.4 L/yr 16% less
Yes Bank Senior Officer Salary 0 - 6 years exp. (1.2k salaries)	₹1.9 L/yr - ₹5 L/yr 11% less
Federal Bank Senior Officer Salary 0 - 12 years exp. (6 salaries)	₹4.1 L/yr - ₹21 L/yr 247% more
IDFC FIRST Bank Senior Officer Salary 0 - 7 years exp. (1.5k salaries)	₹1.9 L/yr - ₹5.5 L/yr 7% more
RBL Bank Senior Officer Salary 2 - 6 years exp. (7 salaries)	₹2 L/yr - ₹3.9 L/yr 15% less
Bandhan Bank Senior Officer Salary 0 - 8 years exp. (556 salaries)	₹1.2 L/yr - ₹3.3 L/yr 39% less
Jana Small Finance Bank Senior Officer Salary 0 - 7 years exp. (471 salaries)	₹1.4 L/yr - ₹3.6 L/yr 29% less
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Ujjivan Small Finance Bank Senior Officer Salary 1 - 8 years exp. (13 salaries)	₹2.7 L/yr - ₹4.4 L/yr 3% less
Utkarsh Small Finance Bank Senior Officer Salary 2 - 7 years exp. (7 salaries)	₹1.8 L/yr - ₹3.5 L/yr 20% less
Baroda Global Shared Services Senior Officer Salary 0 - 6 years exp. (7 salaries)	₹2.6 L/yr - ₹3 L/yr 22% less
Bank of Baroda Senior Officer Salary 2 - 6 years exp. (5 salaries)	₹4.5 L/yr - ₹5.5 L/yr 43% more
Shinhan Bank Senior Officer Salary 4 - 7 years exp. (5 salaries)	₹4.5 L/yr - ₹7.5 L/yr 51% more
Canara Bank Senior Officer Salary 3 - 13 years exp. (4 salaries)	₹8.8 L/yr - ₹17.6 L/yr 204% more
HSBC Global Banking and Markets Senior Officer Salary 2 - 12 years exp. (4 salaries)	₹6.5 L/yr - ₹25 L/yr 243% more
City Union Bank Senior Officer Salary 2 - 9 years exp. (4 salaries)	₹3.6 L/yr - ₹6.6 L/yr 34% more
IDBI Bank Senior Officer Salary 3 years exp. (3 salaries)	₹2.3 L/yr - ₹2.9 L/yr 32% less

Senior Officer salary at Kotak Mahindra Bank ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Senior Officer salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹2.3 L/yr - ₹4 L/yr
2 years (6 salaries)	₹3 L/yr - ₹4 L/yr
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3 years (5 salaries)	₹3.3 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.8 L/yr

View all

From

Senior Officer

1 - 6 years exp.

Deputy Manager

₹

Lakhs/yr

0 - 13 years exp.

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.

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Salary related reviews for Kotak Mahindra Bank

2.9

Rated by 2 employees for salary & benefits

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

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Nov 2023

2.0

for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

Salary - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Senior Officer Salary FAQs

What is the salary of Senior Officer at Kotak Mahindra Bank?

Senior Officer salary at Kotak Mahindra Bank in India ranges between ₹2.3 Lakhs to ₹4.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 29% less than the average Senior Officer Salary in India. Salary estimates are based on 19 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Senior Officer at Kotak Mahindra Bank is 29% less than the average salary of a Senior Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Senior Officer in India?

Federal Bank Senior Officer Salary - ₹4.1 Lakhs to ₹21.0 Lakhs per year
HSBC Global Banking and Markets Senior Officer Salary - ₹6.5 Lakhs to ₹25.0 Lakhs per year
State Bank of India Senior Officer Salary - ₹7.6 Lakhs to ₹22.4 Lakhs per year
Canara Bank Senior Officer Salary - ₹8.8 Lakhs to ₹17.6 Lakhs per year
Shinhan Bank Senior Officer Salary - ₹4.5 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Senior Officer in companies similar to Kotak Mahindra Bank in India?

Bank of Baroda Senior Officer Salary - ₹4.5 Lakhs to ₹5.5 Lakhs per year
City Union Bank Senior Officer Salary - ₹3.6 Lakhs to ₹6.6 Lakhs per year
IDFC FIRST Bank Senior Officer Salary - ₹1.9 Lakhs to ₹5.5 Lakhs per year
Ujjivan Small Finance Bank Senior Officer Salary - ₹2.7 Lakhs to ₹4.4 Lakhs per year
HDFC Bank Senior Officer Salary - ₹1.2 Lakhs to ₹7.9 Lakhs per year

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

The estimated take-home salary of a Senior Officer at Kotak Mahindra Bank ranges between ₹26,763 per month to ₹28,176 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Senior Officer salary in India which ranges between ₹2.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Senior Officer at Kotak Mahindra Bank?

According to AmbitionBox, 73% of the Kotak Mahindra Bank Senior Officers reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Senior Officer Salaries

Kotak Mahindra Bank Senior Officer salary in India ranges between ₹2.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.