Kotak Mahindra Bank Bangalore / Bengaluru SME Salaries by 10 Employees

2 - 5 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

36% less than the average SME Salary in Banking Companies for 2 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations SME Salary 3 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹4.5 L/yr
Finance & Accounting SME Salary 2 - 4 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr
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BFSI, Investments & Trading SME Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr

Last Updated: 2 Jun 2024

Companies similar to Kotak Mahindra Bank for SME in Bangalore / Bengaluru

Kotak Mahindra Bank SME Salary

2 - 5 years exp. (10 salaries)

₹3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HSBC Global Banking and Markets SME Salary 6 - 10 years exp. (6 salaries)	₹9 L/yr - ₹18.5 L/yr 216% more
Union Bank of India SME Salary 3 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹2.8 L/yr 33% less
Login to view exact salary
Accenture SME Salary 2 - 13 years exp. (830 salaries)	₹2.2 L/yr - ₹10 L/yr 76% more	76 job openings
IBM SME Salary 4 - 13 years exp. (562 salaries)	₹4.1 L/yr - ₹17.5 L/yr 157% more
Cognizant SME Salary 2 - 13 years exp. (354 salaries)	₹3.2 L/yr - ₹10 L/yr 58% more	1 job opening

SME salary at Kotak Mahindra Bank ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 10 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank SME salaries in Bangalore / Bengaluru

Last Updated: 2 Jun 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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4 years (3 salaries)	₹3.5 L/yr - ₹7.2 L/yr
5 years (4 salaries)	₹4 L/yr - ₹4.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.5k salaries)

₹2 L/yr - ₹8.5 L/yr

Junior Associate Salary

(122 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Associate Vice President Salary

(119 salaries)

₹10.82 L/yr - ₹34 L/yr

Chief Manager Salary

(78 salaries)

₹9.75 L/yr - ₹29 L/yr

Sales Executive Salary

(75 salaries)

₹1 L/yr - ₹5 L/yr

Product Manager Salary

(61 salaries)

₹7.93 L/yr - ₹33 L/yr

Assistant Acquisition Manager Salary

(55 salaries)

₹2 L/yr - ₹4.3 L/yr

Relationship Officer Salary

(54 salaries)

₹2 L/yr - ₹6.5 L/yr

Team Lead Salary

(49 salaries)

₹1.7 L/yr - ₹8.5 L/yr

Business Analyst Salary

(34 salaries)

₹5.05 L/yr - ₹21.5 L/yr

Salary related reviews for Kotak Mahindra Bank

4.0

Rated by 1 employees for salary & benefits

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

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

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 in Bangalore / Bengaluru?

The average salary of a SME at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹3.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of SME in Bangalore / Bengaluru at Kotak Mahindra Bank earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. SME 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 10 Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a SME at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹28,572 to ₹29,958 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 5 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 10 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for SME in India?

HSBC Global Banking and Markets	₹9.0 Lakhs to ₹18.5 Lakhs per year
IBM	₹4.1 Lakhs to ₹17.5 Lakhs per year
Accenture	₹2.2 Lakhs to ₹10.0 Lakhs per year
Cognizant	₹3.2 Lakhs to ₹10.0 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.

What is the salary of a SME in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?

The salary of a SME at companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India

₹2.5 Lakhs to ₹2.8 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 SME at Kotak Mahindra Bank in Bangalore / Bengaluru?

The salary growth for a SME at Kotak Mahindra Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a SME in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹6.2 Lakhs per year
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.5 Lakhs to ₹7.2 Lakhs per year
5 years	₹4.0 Lakhs to ₹4.5 Lakhs per year

and so on.

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Kotak Mahindra Bank SME Salaries in Bangalore / Bengaluru

Kotak Mahindra Bank SME salary in Bangalore / Bengaluru ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.