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Kotak Mahindra Bank Salaries in Vadodara (Updated 2025)

based on 240 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Sales & Business Development Finance & Accounting Customer Success, Service & Operations + 3 more
Designation Avg Annual Salary Open Jobs
0 - 4 years exp. · Vadodara (24 salaries)
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₹1.8 L/yr - ₹3.1 L/yr

2 - 8 years exp. · Vadodara (21 salaries)
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₹3.2 L/yr - ₹6.5 L/yr

5 - 13 years exp. · Vadodara (20 salaries)
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₹3.5 L/yr - ₹11 L/yr

1 - 10 years exp. · Vadodara (11 salaries)
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₹3 L/yr - ₹9 L/yr

Starting your career? Discover Kotak Mahindra Bank fresher salaries in India
0 - 6 years exp. · Vadodara (11 salaries)
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₹1.5 L/yr - ₹3 L/yr

2 - 10 years exp. · Vadodara (10 salaries)
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₹8.3 L/yr - ₹13 L/yr

0 - 10 years exp. · Vadodara (9 salaries)
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₹7 L/yr - ₹10 L/yr

6 - 11 years exp. · Vadodara (6 salaries)
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₹6 L/yr - ₹9.5 L/yr

1 - 6 years exp. · Vadodara (6 salaries)
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₹2 L/yr - ₹3 L/yr

1 - 8 years exp. · Vadodara (5 salaries)
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₹1.7 L/yr - ₹3.6 L/yr

3 - 11 years exp. · Vadodara (5 salaries)
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₹3.3 L/yr - ₹8.2 L/yr

3 - 5 years exp. · Vadodara (5 salaries)
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₹2.9 L/yr - ₹5.6 L/yr

2 - 5 years exp. · Vadodara (4 salaries)
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₹2.2 L/yr - ₹3.6 L/yr

2 - 5 years exp. · Vadodara (4 salaries)
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₹2.5 L/yr - ₹2.7 L/yr

11 - 13 years exp. · Vadodara (4 salaries)
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₹7.2 L/yr - ₹13.1 L/yr

1 - 5 years exp. · Vadodara (4 salaries)
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₹2.2 L/yr - ₹3.6 L/yr

13 - 15 years exp. · Vadodara (3 salaries)
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₹7.6 L/yr - ₹14 L/yr

11 - 15 years exp. · Vadodara (3 salaries)
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₹12 L/yr - ₹16.5 L/yr

1 - 3 years exp. · Vadodara (3 salaries)
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₹1.8 L/yr - ₹2.4 L/yr

1 - 3 years exp. · Vadodara (3 salaries)
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₹3.1 L/yr - ₹3.2 L/yr

Last Updated: 2 Apr, 2025

Salary related reviews for Kotak Mahindra Bank

2.9

Rated by 131 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 18 May 2024

3.0
 for  Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

read more
  • Skill development - Good
  • +1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 04 Feb 2022

1.0
 for  Salary and Benefits

Likes

I would say they are always having issues with budget no salary hike extra work given everyday I don't know they have policy to promote through IJP but disaster is they promote anyone without interview thier priority is only to save money for an example my reporting manager has nothing to do with work he only likes zoom meeting and cross sell where he is heading retai assets customer service devision he was not having email etiquette he doesn't know how to speak English only thing he knew is to polish upper management

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  • Skill development - Good
  • +1 more

Dislikes

Low salary Poor Management No employee benefits They hire professional to do labour jobs NPS is the biggest task to achieve when process is longer manegement expect us to score 100 every month specially when u work/ handle location single handedly

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  • Salary - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 28 Aug 2023

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...ore thn 45 percent. if u r highly educated thn educated people will not survive.Less compensation with less other benifits.bosses r just like does chamcha giri.

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  • Salary - Bad
  • +5 more

Finance & Accounting Department

4.0
  •  posted on 24 Oct 2018

2.0
 for  Salary and Benefits

Likes

Working culture and there motive to promote internal team members is good, Job transfer available post 2years completion. Young generation leading most of the verticals which helps to learn many things in professional life

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  • Skill development - Excellent
  • +5 more

Dislikes

Pay scale is less as compared to market, hike n promotions are slow, proper training for job roles not given

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  • Salary - Poor

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 02 Apr 2025

3.0
 for  Salary and Benefits

Likes

highlight your interest in their innovative digital banking services, focus on customer satisfaction, and rapid growth, aligning your skills and experience with their values and goals.

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  • Skill development - Good
  • +2 more

Dislikes

Not grown in the bank and salary also low

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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay to its employees?
The average annual salary at Kotak Mahindra Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Kotak Mahindra Bank, are as follows:

Assistant Acquisition Manager ₹1.8 Lakhs to ₹3.1 Lakhs per year
Deputy Manager Grade 2 ₹3.2 Lakhs to ₹6.5 Lakhs per year
Branch Sales Manager ₹3.5 Lakhs to ₹11 Lakhs per year
Sales Manager ₹3 Lakhs to ₹9 Lakhs per year

The highest-paying role, Executive Vice President, earns between ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14.3 Lakhs per year, and the top 1% earn over ₹38.5 Lakhs per year. 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 salary estimates are based on data from 240 salaries submitted by Kotak Mahindra Bank employees. Kotak Mahindra Bank is rated 2.9 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Kotak Mahindra Bank in Vadodara?
The salary of a fresher at Kotak Mahindra Bank in Vadodara typically ranges from ₹1 Lakh to ₹17 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Deputy Manager Salary ₹2 Lakhs to ₹7 Lakhs per year
Fresher as a Relationship Manager Salary ₹1.8 Lakhs to ₹9 Lakhs per year
Fresher as a Service Officer Salary ₹1.9 Lakhs to ₹4 Lakhs per year
Fresher as a Assistant Acquisition Manager Salary ₹1.7 Lakhs to ₹3.5 Lakhs per year

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Average annual salary in Kotak Mahindra Bank , Vadodara is INRunlock blur . Salary estimates are based on 200+ Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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