Kotak Mahindra Bank Mumbai Team Member Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹1.9 Lakh - ₹7.7 Lakhs

Salary of majority employees

65% more than the average Team Member Salary in Banking Companies for 1 - 7 years of experience

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Last Updated: 20 Jul 2023

Companies similar to Kotak Mahindra Bank for Team Member in Mumbai

Kotak Mahindra Bank Team Member Salary

1 - 7 years exp. (4 salaries)

₹1.9 L/yr - ₹7.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Team Member Salary 0 - 6 years exp. (7 salaries)	₹1.1 L/yr - ₹3.2 L/yr 53% less
Bank of America Team Member Salary 0 - 5 years exp. (163 salaries)	₹3 L/yr - ₹4.6 L/yr 31% less	3 job openings
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JPMorgan Chase & Co. Team Member Salary 1 - 8 years exp. (85 salaries)	₹1.5 L/yr - ₹7.1 L/yr 17% less
DSV - Global Transport and Logistics Team Member Salary 1 - 10 years exp. (57 salaries)	₹2.6 L/yr - ₹6 L/yr 23% less
FIS Team Member Salary 0 - 8 years exp. (50 salaries)	₹1.6 L/yr - ₹5 L/yr 43% less

Team Member salary at Kotak Mahindra Bank ranges between ₹1.9 Lakh to ₹7.7 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Team Member salaries in Mumbai

Last Updated: 20 Jul 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.2 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6.7 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7.7 L/yr

View all

From

Team Member

₹

Lakhs/yr

0 - 16 years exp.

Senior Vice President

₹

Lakhs/yr

15 - 25 years exp.

Team Member 0 - 16 years exp.

Manager 0 - 15 years exp.

35% hike

Senior Manager 1 - 18 years exp.

57% hike

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₹1.15 L/yr - ₹4.05 L/yr

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₹1.8 L/yr - ₹4.5 L/yr

Team Lead Salary

(83 salaries)

₹1.8 L/yr - ₹9 L/yr

Top skills at Kotak Mahindra Bank for Team Member

Excel MIS Reporting Operations Banking Trade Finance Ca Test Cases Communication Skills Risk Management Business Solutions XML MS Office SQL Risk Assessment UAT

Salary related reviews for Kotak Mahindra Bank

2.0

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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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Mahindra Bank Team Member Salary FAQs

What is the salary of Team Member at Kotak Mahindra Bank Mumbai?

Team Member salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.9 Lakhs to ₹7.7 Lakhs for experience between 1 years to 7 years. According to our estimates it is 65% more than the average Team Member Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Team Member at Kotak Mahindra Bank is 65% more than the average salary of a Team Member in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Team Member at Kotak Mahindra Bank?

Excel, MIS Reporting, Operations, Banking and Trade Finance are some of the popular skills required to work as a Team Member at Kotak Mahindra Bank Mumbai.

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

JPMorgan Chase & Co. Team Member Salary - ₹1.5 Lakhs to ₹7.1 Lakhs per year
DSV - Global Transport and Logistics Team Member Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
Bank of America Team Member Salary - ₹3.0 Lakhs to ₹4.6 Lakhs per year
FIS Team Member Salary - ₹1.6 Lakhs to ₹5.0 Lakhs per year
ICICI Bank Team Member Salary - ₹1.1 Lakhs to ₹3.2 Lakhs per year

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

The estimated take-home salary of a Team Member at Kotak Mahindra Bank ranges between ₹42,691 per month to ₹43,816 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Team Member salary in India which ranges between ₹1.9 Lakhs to ₹7.7 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Team Member at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Team Member s in Mumbai reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Team Member Salaries in Mumbai

Kotak Mahindra Bank Team Member salary in Mumbai ranges between ₹1.9 Lakh to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.