Kotak Mahindra Bank Mumbai SME Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹2 Lakhs - ₹5 Lakhs

Salary of majority employees

34% 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 2 - 5 years exp. (7 salaries)	₹2.8 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading SME Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr
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CSR & Social Service SME Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.8 L/yr
Finance & Accounting SME Salary 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Last Updated: 16 Dec 2024

Companies similar to Kotak Mahindra Bank for SME in Mumbai

Kotak Mahindra Bank SME Salary

1 - 6 years exp. (16 salaries)

₹2 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank SME Salary 2 - 5 years exp. (6 salaries)	₹3 L/yr - ₹4 L/yr 14% less
Accenture SME Salary 2 - 11 years exp. (302 salaries)	₹3.1 L/yr - ₹10.3 L/yr 76% more	89 job openings
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Hexaware Technologies SME Salary 3 - 11 years exp. (125 salaries)	₹2.7 L/yr - ₹9 L/yr 53% more
Cognizant SME Salary 3 - 13 years exp. (93 salaries)	₹3.2 L/yr - ₹8.5 L/yr 82% more	1 job opening
Wipro SME Salary 1 - 9 years exp. (78 salaries)	₹1.8 L/yr - ₹7.1 L/yr 22% more	1 job opening

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 16 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank SME salaries in Mumbai

Last Updated: 16 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹5.6 L/yr
2 years (5 salaries)	₹2.3 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹4 L/yr
4 years (3 salaries)	₹2.8 L/yr - ₹4.5 L/yr
5 years (4 salaries)	₹3.6 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.3k salaries)

₹1.65 L/yr - ₹8 L/yr

Associate Vice President Salary

(706 salaries)

₹10 L/yr - ₹37 L/yr

Chief Manager Salary

(415 salaries)

₹7.5 L/yr - ₹31.15 L/yr

Product Manager Salary

(415 salaries)

₹6.3 L/yr - ₹25 L/yr

Sales Executive Salary

(184 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Business Analyst Salary

(147 salaries)

₹4.46 L/yr - ₹19.05 L/yr

Relationship Officer Salary

(126 salaries)

₹2.3 L/yr - ₹6.05 L/yr

Assistant Acquisition Manager Salary

(118 salaries)

₹1.8 L/yr - ₹4.5 L/yr

Junior Associate Salary

(118 salaries)

₹1.15 L/yr - ₹4.05 L/yr

Team Lead Salary

(81 salaries)

₹1.8 L/yr - ₹9 L/yr

Salary related reviews for Kotak Mahindra Bank

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.

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.

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

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

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

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

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

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.

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank SME Salary FAQs

What is the salary of SME at Kotak Mahindra Bank Mumbai?

SME salary at Kotak Mahindra Bank in Mumbai ranges between ₹2.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 34% less than the average SME Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a SME at Kotak Mahindra Bank is 34% less than the average salary of a SME in Mumbai. To know exact salary insights, login to view.

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

Cognizant SME Salary - ₹3.2 Lakhs to ₹8.5 Lakhs per year
Accenture SME Salary - ₹3.1 Lakhs to ₹10.3 Lakhs per year
Hexaware Technologies SME Salary - ₹2.7 Lakhs to ₹9.0 Lakhs per year
Wipro SME Salary - ₹1.8 Lakhs to ₹7.1 Lakhs per year

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

Axis Bank SME Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a SME at Kotak Mahindra Bank ranges between ₹27,465 per month to ₹28,867 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 89% of the Kotak Mahindra Bank SMEs in Mumbai reported a notice period of 3 Months, 11% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank SME Salaries in Mumbai

Kotak Mahindra Bank SME salary in Mumbai ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.