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Kotak Mahindra Bank Salaries in Thane (Updated 2025)

based on 178 latest salaries
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Customer Success, Service & Operations BFSI, Investments & Trading Finance & Accounting Engineering - Software & QA + 5 more
Designation Avg Annual Salary Open Jobs
9 - 10 years exp. · Thane (AmbitionBox Estimate)
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₹12.5 L/yr - ₹14 L/yr

11 - 13 years exp. · Thane (AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr

1 - 2 years exp. · Thane (AmbitionBox Estimate)
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₹1.3 L/yr - ₹1.6 L/yr

0 - 4 years exp. · Thane (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

10 - 12 years exp. · Thane (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

3 - 4 years exp. · Thane (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.5 L/yr

8 - 13 years exp. · Thane (AmbitionBox Estimate)
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₹6.8 L/yr - ₹7.2 L/yr

0 - 1 year exp. · Thane (AmbitionBox Estimate)
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₹4.4 L/yr - ₹6 L/yr

4 years exp. · Thane (AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

1 year exp. · Thane (AmbitionBox Estimate)
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₹2 L/yr - ₹2.6 L/yr

11 years exp. · Thane (AmbitionBox Estimate)
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₹3.2 L/yr - ₹6.5 L/yr

12 years exp. · Thane (AmbitionBox Estimate)
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₹8.2 L/yr - ₹10.5 L/yr

5 years exp. · Thane (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr

Fresher · Thane (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

Fresher · Thane (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

9 years exp. · Thane (AmbitionBox Estimate)
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₹6.4 L/yr - ₹8.2 L/yr

1 year exp. · Thane (AmbitionBox Estimate)
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₹2 L/yr - ₹2.6 L/yr

1 year exp. · Thane (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

16 years exp. · Thane (AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr

13 years exp. · Thane (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

Last Updated: 1 Mar, 2025

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 368 employees for salary & benefits

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.

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  • 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

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Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Nov 2023

2.0
 for  Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

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  • Salary - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 20 Aug 2023

3.0
 for  Salary and Benefits

Likes

It was good experience working with kotak bank. In normal operation department the salary expectation for freshers should not be high it can be arrange from 2.2 to 2.3 lakhs per annum not more than that if you have done any course and then have joined the company then salary can reach up to 2.5 lakh it is good for freshers in KYC operations DvU department. Birthday is no growth after certain level in such departments. We have to pursue some course and then go for next level in another company.

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  • Job security - Excellent
  • +3 more

Dislikes

...ut the opportunities which we are getting for our career growth are bit limited. Work culture was good salary is not that much great because as per the market and inflation in India it could be better after spending 3 years in that Bank.

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Full Time

 · 

Sales Department

3.0
  •  posted on 31 Aug 2021

3.0
 for  Salary and Benefits

Likes

...e month you have to cancel your week off. Or Some time they call on Sunday also. Salary you will get on time. And general leave also you will get if you want .but if you don't achieve so .... Samjhdar ko ishara kafi hai. One thing I like the most that sab ko nam lekar bat kar sakte ho koi bhi ho sir or madam bolne ki zarurat nahi hai. And I card bhi sab ka same hai . So this is very nice .

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  • Skill development - Good

Dislikes

Incentive slab is not good. Means kitna bhi over achieve karlo phir bhi you will get limited incentive not only this 75% only you paid n 25% end of the year milega. Too many products you have sell . All are compulsory . GI , LI , CASA, FD, SAVING yar aur bhi bahut products hai. 9.30 fixed login but achieve nahi kya koi bhi product to till 8.30pm or 9pm baitho. They don't bother k tum kitna dur se aate ho. And as usual buttering , politics to common hai . People also good. Too much pressure , too many products , limited incentive .

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  • Job security - Poor
  • +2 more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 06 Nov 2020

2.0
 for  Salary and Benefits

Likes

Work culture is excellent here and job security is also good here. Very supportive in covid period for WFH.

  • Skill development - Good
  • +4 more

Dislikes

Only problem is salary increment .No growth in salary in last financial year and very less bonus received. Neither there is any salary increment announced at Diwali too.

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  • Salary - Poor
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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Mail Room Executive and ₹50 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 178 Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.2/5 stars.
What is the highest salary in Kotak Mahindra Bank?
The highest-paying job at Kotak Mahindra Bank is a Executive Vice President with a salary of ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14.02 lakhs per year. The top 1% earn more than a whopping ₹37.73 lakhs per year.
What is the minimum salary in Kotak Mahindra Bank?
Minimum salary at Kotak Mahindra Bank depends on the role you are applying for. For Associate the minimum salary is ₹1.2 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra Bank?
The average salary at Kotak Mahindra Bank for freshers varies from ₹1 Lakh to ₹2 Lakhs per year for Intern and ₹6.4 Lakhs to ₹24 Lakhs per year for Product Manager.
What is the notice period at Kotak Mahindra Bank in Thane?
According to AmbitionBox, 58% of the Kotak Mahindra Bank employees in Thane reported a notice period of 3 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 547 responses on AmbitionBox in last 2 years.

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Average annual salary in Kotak Mahindra Bank , Thane is INRunlock blur . Salary estimates are based on 178 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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