Kotak Mahindra Bank Mumbai Trainee Salaries by 5 Employees (Updated 2024)

0 - 5 years exp.

₹1.1 Lakh - ₹3.6 Lakhs

Salary of majority employees

14% 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 in Mumbai

Kotak Mahindra Bank Trainee Salary

0 - 5 years exp. (5 salaries)

₹1.1 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Trainee Salary 0 - 3 years exp. (21 salaries)	₹1.8 L/yr - ₹4 L/yr 16% more
ICICI Bank Trainee Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹3.7 L/yr 50% more
Login to view exact salary
Datamatics Global Services Trainee Salary 0 - 3 years exp. (73 salaries)	₹1.1 L/yr - ₹4 L/yr 15% more
TCS Trainee Salary 0 - 2 years exp. (34 salaries)	₹1.5 L/yr - ₹5 L/yr 5% more
Lumina Datamatics Trainee Salary 0 - 2 years exp. (31 salaries)	₹1.2 L/yr - ₹3 L/yr At par	1 job opening

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

Experience wise Kotak Mahindra Bank Trainee salaries in Mumbai

Last Updated: 21 Jan 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹0.9 L/yr - ₹3.6 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 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)	₹0.9 L/yr - ₹2.2 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Senior Associate Salary

(24 salaries)

₹1.5 L/yr - ₹3.9 L/yr

Software Engineer Salary

(9 salaries)

₹4.35 L/yr - ₹15.3 L/yr

Technical Lead Salary

(3 salaries)

₹33.49 L/yr - ₹34.27 L/yr

Top skills at Kotak Mahindra Bank for Trainee

Interviewing Recruitment Hiring

Salary related reviews for Kotak Mahindra Bank

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

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.

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

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

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

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.

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.

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

4 participants . poll closed

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Kotak Mahindra Bank Trainee Salary FAQs

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

Trainee salary at Kotak Mahindra Bank in Mumbai 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 14% less than the average Trainee Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Trainee at Kotak Mahindra Bank is 14% less than the average salary of a Trainee in Mumbai. 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 Mumbai.

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

ICICI Bank Trainee Salary - ₹1.5 Lakhs to ₹3.7 Lakhs per year
HDFC Bank Trainee Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Datamatics Global Services Trainee Salary - ₹1.1 Lakhs to ₹4.0 Lakhs per year
TCS Trainee Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year

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

Lumina Datamatics Trainee Salary - ₹1.2 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Trainee at Kotak Mahindra Bank ranges between ₹15,311 per month to ₹16,905 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Trainees in Mumbai 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 in Mumbai

Kotak Mahindra Bank Trainee salary in Mumbai ranges between ₹1.1 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.