Kotak Mahindra Bank Trainee Salaries by 7 Employees

0 - 5 years exp.

₹1.1 Lakh - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

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7% less than the average Trainee Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 21 Jan 2024

Companies similar to Kotak Mahindra Bank for Trainee

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Trainee Salary 0 - 6 years exp. (166 salaries)	Unlock ₹1 L/yr - ₹6.5 L/yr 34% more
ICICI Bank Trainee Salary 0 - 3 years exp. (11 salaries)	Unlock ₹0.8 L/yr - ₹6.1 L/yr 7% less
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State Bank of India Trainee Salary 1 - 6 years exp. (7 salaries)	Unlock ₹1.8 L/yr - ₹2 L/yr 13% less
IndusInd Bank Trainee Salary 0 - 1 year exp. (5 salaries)	Unlock ₹1.9 L/yr - ₹5 L/yr 27% more
Yes Bank Trainee Salary 0 - 6 years exp. (9 salaries)	Unlock ₹1.2 L/yr - ₹5 L/yr 79% more
IDFC FIRST Bank Trainee Salary 0 - 3 years exp. (3 salaries)	Unlock ₹2.6 L/yr - ₹7 L/yr 106% more
RBL Bank Trainee Salary 0 - 3 years exp. (6 salaries)	Unlock ₹1.5 L/yr - ₹10.9 L/yr 167% more
Baroda Global Shared Services Trainee Salary Fresher (5 salaries)	Unlock ₹1.5 L/yr - ₹1.9 L/yr 26% less
Utkarsh Small Finance Bank Trainee Salary 0 - 3 years exp. (4 salaries)	Unlock ₹1.6 L/yr - ₹2 L/yr 20% less
Central Bank of India Trainee Salary 0 - 1 year exp. (3 salaries)	Unlock ₹1 L/yr - ₹2 L/yr 37% less
City Union Bank Trainee Salary 1 - 2 years exp. (3 salaries)	Unlock ₹2.4 L/yr - ₹3 L/yr 15% more
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Trainee salary at Kotak Mahindra Bank ranges between ₹1.1 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Trainee salaries

Last Updated: 21 Jan 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	Unlock ₹2 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹0.9 L/yr - ₹3.6 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹4 L/yr

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₹8.5 L/yr - ₹20.5 L/yr

Top skills at Kotak Mahindra Bank for Trainee

Interviewing Recruitment Hiring

Salary related reviews for Kotak Mahindra Bank

1.3

Rated by 4 employees for salary & benefits

Senior Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Apr 2021

1.0

for Salary and Benefits

Likes

Job security

Job security - Good

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

Salary - Bad

+3 more

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

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Salary - Good

+1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Job security - Bad

+2 more

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Salary - Good

+1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Skill development - Bad

+3 more

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Kotak Mahindra Bank Trainee Salary FAQs

What is the salary of Trainee at Kotak Mahindra Bank?

Trainee salary at Kotak Mahindra Bank in India ranges between ₹1.1 Lakhs to ₹3.6 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 7% less than the average Trainee Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Trainee at Kotak Mahindra Bank is 7% less than the average salary of a Trainee in India. To know exact salary insights, login to view.

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

Interviewing, Recruitment and Hiring are some of the popular skills required to work as a Trainee at Kotak Mahindra Bank India.

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

RBL Bank Trainee Salary - ₹1.5 Lakhs to ₹10.9 Lakhs per year
IDFC FIRST Bank Trainee Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
Yes Bank Trainee Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
HDFC Bank Trainee Salary - ₹1.0 Lakhs to ₹6.5 Lakhs per year
IndusInd Bank Trainee Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year

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

City Union Bank Trainee Salary - ₹2.4 Lakhs to ₹3.0 Lakhs per year
ICICI Bank Trainee Salary - ₹0.8 Lakhs to ₹6.1 Lakhs per year
State Bank of India Trainee Salary - ₹1.8 Lakhs to ₹2.0 Lakhs per year
Utkarsh Small Finance Bank Trainee Salary - ₹1.6 Lakhs to ₹2.0 Lakhs per year
Baroda Global Shared Services Trainee Salary - ₹1.5 Lakhs to ₹1.9 Lakhs per year

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

The estimated take-home salary of a Trainee at Kotak Mahindra Bank ranges between ₹15,450 per month to ₹17,056 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Trainee salary in India which ranges between ₹1.1 Lakhs to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Trainee at Kotak Mahindra Bank?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Trainees reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Trainee Salaries

Kotak Mahindra Bank Trainee salary in India ranges between ₹1.1 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.