Kotak Mahindra Bank Trainee Salaries by 7 Employees

0 - 5 years exp.

₹1.1 Lakh - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Trainee Salary in Banking Companies for 0 - 5 years of experience

Interested in this particular role?

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. (162 salaries)	₹1 L/yr - ₹7.1 L/yr 42% more
ICICI Bank Trainee Salary 0 - 3 years exp. (11 salaries)	₹0.8 L/yr - ₹6.1 L/yr 7% less
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Yes Bank Trainee Salary 0 - 6 years exp. (9 salaries)	₹1.2 L/yr - ₹5 L/yr 79% more
RBL Bank Trainee Salary 0 - 3 years exp. (6 salaries)	₹1.5 L/yr - ₹10.9 L/yr 167% more
IndusInd Bank Trainee Salary 0 - 1 year exp. (5 salaries)	₹1.9 L/yr - ₹5 L/yr 27% more
Utkarsh Small Finance Bank Trainee Salary 0 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹2 L/yr 20% less
Central Bank of India Trainee Salary 0 - 1 year exp. (3 salaries)	₹1 L/yr - ₹2 L/yr 37% less
IDFC FIRST Bank Trainee Salary 0 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹7 L/yr 106% more
City Union Bank Trainee Salary 1 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 15% more

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)	₹2 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.6 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4 L/yr

View all

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₹3.5 L/yr - ₹15 L/yr

Software Engineer Salary

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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

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

Manager OPS in Kolkata

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 18 Mar 2025

2.0

for Salary and Benefits

Likes

There is nothing much to like except you may see a level of job security if you're doing good in ops or sales work

Dislikes

Almost every aspect of the job that includes culture, managers, management, decisions, promotions, salary, all other perks, work life balance is NIL, kissing of Manger's hand may allow you to grow mostly, a company with worst management who doesn't even care for employees and men who are working hard. Please do not join if you have some other better options in hand

Salary - Poor

+5 more

Assistant Product Sales Manager in Madurai

Full Time

Sales & Business Development Department

4.0

• posted on 13 Mar 2025

4.0

for Salary and Benefits

Likes

Salary, Skill Development, promotions.

Salary - Good

+3 more

Dislikes

Managers who are not following the company policy. Too much process in account opening and POS. Customer funds are getting hold in the individual current accounts for like 12 months or 13 months. Ridiculous. Worst service provider to the customers. The bank is giving priority to sales only. Not for service.

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+6 more

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Trainee Salary FAQs

What is the salary of Trainee at Kotak Mahindra Bank ?

The average salary of a Trainee at Kotak Mahindra Bank in India typically ranges from ₹1.1 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Trainee at Kotak Mahindra Bank earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Trainee 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 7 Kotak Mahindra Bank employees in India.

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 in India typically ranges from ₹15,450 to ₹17,056 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher 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 7 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Trainee at Kotak Mahindra Bank ?

To be a Trainee at Kotak Mahindra Bank in india, the key skills required include:

- Interviewing
- Recruitment
- Hiring

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.

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

RBL Bank	₹1.5 Lakhs to ₹10.9 Lakhs per year
IDFC FIRST Bank	₹2.6 Lakhs to ₹7.0 Lakhs per year
Yes Bank	₹1.2 Lakhs to ₹5.0 Lakhs per year
HDFC Bank	₹1.0 Lakhs to ₹7.1 Lakhs per year
IndusInd Bank	₹1.9 Lakhs to ₹5.0 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 Trainee in companies similar to Kotak Mahindra Bank in India?

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

City Union Bank	₹2.4 Lakhs to ₹3.0 Lakhs per year
ICICI Bank	₹0.8 Lakhs to ₹6.1 Lakhs per year
Utkarsh Small Finance Bank	₹1.6 Lakhs to ₹2.0 Lakhs per year
Central Bank of India	₹1.0 Lakhs to ₹2.0 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 Trainee at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.5 Lakhs per year
1 year	₹0.9 Lakhs to ₹3.6 Lakhs per year
2 years	₹2.0 Lakhs to ₹2.6 Lakhs per year
3 years	₹1.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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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.