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Kotak Mahindra Bank Service Officer salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹1.7 Lakh - ₹4.5 Lakhs
Salary of majority employees
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At par with the average Service Officer Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Service Officer Salary
0 - 7 years exp. (327 salaries)
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₹2 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Service Officer Salary
0 - 7 years exp. (214 salaries)
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₹1.7 L/yr - ₹4.5 L/yr

Finance & Accounting
Service Officer Salary
0 - 6 years exp. (129 salaries)
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₹2 L/yr - ₹4.5 L/yr

Last Updated: 20 Mar 2025

Companies similar to Kotak Mahindra Bank for Service Officer

Company name Avg Annual Salary Open Jobs
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HDFC Bank Service Officer Salary

0 - 7 years exp. (141 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 26% less
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Yes Bank Service Officer Salary

2 - 5 years exp. (4 salaries)

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₹3.3 L/yr - ₹3.5 L/yr

arrow icon 3% less
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ICICI Bank Service Officer Salary

1 - 3 years exp. (4 salaries)

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₹2.7 L/yr - ₹3 L/yr

arrow icon 23% less
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RBL Bank Service Officer Salary

2 - 6 years exp. (4 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 7% less
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IDFC FIRST Bank Service Officer Salary

1 - 6 years exp. (4 salaries)

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₹1.5 L/yr - ₹4.3 L/yr

arrow icon 7% less
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Axis Bank Service Officer Salary

0 - 4 years exp. (4 salaries)

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₹1.7 L/yr - ₹2.2 L/yr

arrow icon 38% less
Service Officer salary at Kotak Mahindra Bank ranges between ₹1.7 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 877 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Service Officer

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Experience wise Kotak Mahindra Bank Service Officer salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
Fresher  (119 salaries)

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₹1.9 L/yr - ₹4 L/yr
1 year  (183 salaries)

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₹1.7 L/yr - ₹4.3 L/yr
2 years  (192 salaries)

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₹2 L/yr - ₹4.5 L/yr
3 years  (151 salaries)

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₹2 L/yr - ₹4.3 L/yr
4 years  (119 salaries)

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₹2 L/yr - ₹4.5 L/yr
View all
Kotak Mahindra Bank Service Officer Salary and Career Growth

From

To

Service Officer

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0 - 7 years exp.

Regional Sales Manager

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13 - 21 years exp.

Service Officer

0 - 7 years exp.
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Service Delivery Officer

2 - 8 years exp.
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arrow icon 37% hike

Brach Operation Manager

3 - 15 years exp.
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arrow icon 67% hike

From

To

Service Officer

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0 - 7 years exp.

Senior Regional Business Manager

Salary unavailable

From

To

Service Officer

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0 - 7 years exp.

Regional Asset Manager

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15 - 17 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.

Similar Designation salaries in Kotak Mahindra Bank

Senior Officer Salary
(19 salaries)
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₹2.3 L/yr - ₹4.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Branch Manager Salary
(1k salaries)
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₹7 L/yr - ₹25.56 L/yr
Team Manager Salary
(134 salaries)
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₹1.92 L/yr - ₹12 L/yr
Deputy Manager Salary
(11.3k salaries)
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₹1.65 L/yr - ₹8.5 L/yr
Sales Manager Salary
(868 salaries)
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₹2.04 L/yr - ₹10 L/yr
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₹2 L/yr - ₹10 L/yr
Senior Associate Salary
(119 salaries)
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₹1.4 L/yr - ₹4 L/yr
Teller Salary
(78 salaries)
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₹2 L/yr - ₹3.6 L/yr
Team Lead Salary
(417 salaries)
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₹1.5 L/yr - ₹6.75 L/yr

Top skills at Kotak Mahindra Bank for Service Officer

Cash Handling Branch Operations Banking Operations Cashier Activities Agency Channel DAO RTGS NEFT Branch Banking teller activities DS Cash Handling Branch Banking Channel Distribution Customer Service

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 250 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 05 Feb 2024

1.0
 for  Salary and Benefits

Likes

All process al very smooth and cooperative staff

  • Skill development - Excellent
  • +4 more

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Jul 2023

1.0
 for  Salary and Benefits

Likes

The only thing i can say good about this Organization is that they have a very good management that's all

  • Job security - Excellent

Dislikes

...centives they will give amazon vouchers that also sometimes they will not give. They will give promotions only after three or four years and believe me the salary hike will not be that good, ur work and targets will increase but not your salary. They will ask u to come on holidays to make business calls, they will not give leave even if u r so sick that u cant even work For any organization clients are important but so as employees but this organization does not care about it employees they will not hire people faster if some one leaves the job they will just increase the job burden on the existing employees, they will shout and scream before customers if we don't achieve sales targets. Don't get me started about how much paper work and registers are there for day to day operations ,while all the other banks are adapting new technologies in their workplace this bank is still stuck in the past with its bureaucratic practices. There is lot of micro management in this company. The branch i worked for have so many audits monthly,6months once, every year ,if they find a small lapse in process they will treat the employee like he is some kind of criminal and yes some managers will vouch for u and trust u haven't done anything wrong ,but still it will be dramatic.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 11 Jul 2020

1.0
 for  Salary and Benefits

Likes

I like service provide in customer . I like bank sector. I like best opportunity Provide in kotak bank Ex :- customer handaling , ATM , CDM , CDK Machine to oprating , and how to customer communicatie to product ...

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Dislikes

Salary low , culture problem , Not other bench to transfer in my case., Kotak not care in employees

read more
  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

2.0
  •  posted on 04 Oct 2020

2.0
 for  Salary and Benefits

Likes

You will learn what is banking.

  • Skill development - Good
  • +1 more

Dislikes

...l as promotions both will not be given to you either one can be given to you. This company didn't give any hikes for the 19-20 even though company performed well, bonus reduced to 1 third compared with previous years and they rolled out new HR policy where employee will not get leave encashment if he leaves the organization in the year 20-21. This bank used covid situation to its favour when it comes to expenses.

read more
  • Salary - Poor
  • +4 more

Customer Success, Service & Operations Department

5.0
  •  posted on 09 Sep 2020

5.0
 for  Salary and Benefits

Likes

Kotak bank provide very good compensation in this pandemic which is very good for the employes

read more
  • Salary - Excellent
  • +2 more

Dislikes

I only dislike about the kotak mahindra bank is basically not the bank but the reporting managers they dont know how to talk with subordinates

read more
  • Company culture - Bad
  • +1 more
see more salary related reviews

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Kotak Mahindra Bank Service Officer Salary FAQs

What is the salary of Service Officer at Kotak Mahindra Bank ?
The average salary of a Service Officer at Kotak Mahindra Bank in India typically ranges from ₹1.7 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Service Officer at Kotak Mahindra Bank earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Service Officer 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 800+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Service Officer at Kotak Mahindra Bank in India?
The estimated take-home salary of a Service Officer at Kotak Mahindra Bank in India typically ranges from ₹25,383 to ₹26,816 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 7 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 800+ 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 Service Officer at Kotak Mahindra Bank ?
To be a Service Officer at Kotak Mahindra Bank in india, the key skills required include:

  • - Cash Handling
  • - Branch Operations
  • - Banking Operations
  • - Cashier Activities
  • - Agency Channel

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
What is the salary of a Service Officer in companies similar to Kotak Mahindra Bank in India?
The salary of a Service Officer at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank ₹3.3 Lakhs to ₹3.5 Lakhs per year
RBL Bank ₹2.0 Lakhs to ₹4.5 Lakhs per year
IDFC FIRST Bank ₹1.5 Lakhs to ₹4.3 Lakhs per year
ICICI Bank ₹2.7 Lakhs to ₹3.0 Lakhs per year
HDFC Bank ₹1.8 Lakhs to ₹3.5 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 Service Officer at Kotak Mahindra Bank in India?
The salary growth for a Service Officer at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Service Officer can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹1.9 Lakhs to ₹4.0 Lakhs per year
1 year ₹1.7 Lakhs to ₹4.3 Lakhs per year
2 years ₹2.0 Lakhs to ₹4.5 Lakhs per year
3 years ₹2.0 Lakhs to ₹4.3 Lakhs per year
and so on.

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Kotak Mahindra Bank Service Officer salary in India ranges between ₹1.7 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 877 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.