Kotak Mahindra Bank SME Salaries by 30+ Employees (Updated 2025)

1 - 6 years exp.

₹2 Lakhs - ₹5 Lakhs

Salary of majority employees

37% less than the average SME Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations SME Salary 1 - 5 years exp. (16 salaries)	₹2.8 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading SME Salary 1 - 5 years exp. (9 salaries)	₹2 L/yr - ₹4.2 L/yr
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Finance & Accounting SME Salary 2 - 4 years exp. (5 salaries)	₹2.6 L/yr - ₹4 L/yr
CSR & Social Service SME Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.8 L/yr

Last Updated: 8 Feb 2025

Companies similar to Kotak Mahindra Bank for SME

Company name	Avg Annual Salary	Open Jobs
HDFC Bank SME Salary 1 - 10 years exp. (9 salaries)	₹2.8 L/yr - ₹5.4 L/yr 9% less
ICICI Bank SME Salary 5 - 8 years exp. (7 salaries)	₹3 L/yr - ₹10.1 L/yr 43% more
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Axis Bank SME Salary 2 - 6 years exp. (14 salaries)	₹3 L/yr - ₹4 L/yr 9% less
Yes Bank SME Salary 3 - 8 years exp. (6 salaries)	₹2.9 L/yr - ₹5.5 L/yr 4% more
IDFC FIRST Bank SME Salary 8 - 11 years exp. (4 salaries)	₹3.1 L/yr - ₹10.7 L/yr 88% more
RBL Bank SME Salary 1 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹5 L/yr 8% less
HSBC Global Banking and Markets SME Salary 3 - 10 years exp. (47 salaries)	₹4.3 L/yr - ₹17.4 L/yr 169% more
Union Bank of India SME Salary 3 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr 31% less
Paytm Payments Bank SME Salary 0 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹8.1 L/yr 39% more

SME salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 37 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank SME salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹2 L/yr - ₹3.5 L/yr
2 years (9 salaries)	₹2.3 L/yr - ₹4.1 L/yr
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3 years (8 salaries)	₹2.8 L/yr - ₹4.1 L/yr
4 years (7 salaries)	₹2.8 L/yr - ₹4.5 L/yr
5 years (9 salaries)	₹3.6 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Associate Vice President Salary

(1.5k salaries)

₹9.7 L/yr - ₹35.35 L/yr

Junior Associate Salary

(932 salaries)

₹1 L/yr - ₹4 L/yr

Chief Manager Salary

(813 salaries)

₹8.95 L/yr - ₹28.19 L/yr

Sales Executive Salary

(793 salaries)

₹1 L/yr - ₹5 L/yr

Assistant Acquisition Manager Salary

(750 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Relationship Officer Salary

(675 salaries)

₹2 L/yr - ₹6.5 L/yr

Product Manager Salary

(568 salaries)

₹6.42 L/yr - ₹24 L/yr

Team Lead Salary

(422 salaries)

₹1.5 L/yr - ₹6.76 L/yr

Business Analyst Salary

(307 salaries)

₹4.52 L/yr - ₹19 L/yr

Salary related reviews for Kotak Mahindra Bank

2.2

Rated by 3 employees for salary & benefits

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 more

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Salary - Excellent

+6 more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 more

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Skill development - Excellent

+3 more

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

Salary - Bad

+1 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 SME Salary FAQs

What is the salary of SME at Kotak Mahindra Bank?

SME salary at Kotak Mahindra Bank in India ranges between ₹2.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 37% less than the average SME Salary in India. Salary estimates are based on 37 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a SME at Kotak Mahindra Bank is 37% less than the average salary of a SME in India. To know exact salary insights, login to view.

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

HSBC Global Banking and Markets SME Salary - ₹4.3 Lakhs to ₹17.4 Lakhs per year
IDFC FIRST Bank SME Salary - ₹3.1 Lakhs to ₹10.7 Lakhs per year
ICICI Bank SME Salary - ₹3.0 Lakhs to ₹10.1 Lakhs per year
Paytm Payments Bank SME Salary - ₹1.5 Lakhs to ₹8.1 Lakhs per year
Yes Bank SME Salary - ₹2.9 Lakhs to ₹5.5 Lakhs per year

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

RBL Bank SME Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Axis Bank SME Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
HDFC Bank SME Salary - ₹2.8 Lakhs to ₹5.4 Lakhs per year
Union Bank of India SME Salary - ₹2.5 Lakhs to ₹2.8 Lakhs per year

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

The estimated take-home salary of a SME at Kotak Mahindra Bank ranges between ₹27,384 per month to ₹28,787 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank SME salary in India which ranges between ₹2.0 Lakhs to ₹5.0 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 SME at Kotak Mahindra Bank?

According to AmbitionBox, 65% of the Kotak Mahindra Bank SMEs reported a notice period of 3 Months, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank SME Salaries

Kotak Mahindra Bank SME salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.