Kotak Mahindra Bank VRM Salaries by 20+ Employees (Updated 2024)

0 - 3 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Salary of majority employees

At par with the average VRM Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations VRM Salary 0 - 3 years exp. (7 salaries)	₹2.5 L/yr - ₹4 L/yr
Sales & Business Development VRM Salary 2 - 3 years exp. (5 salaries)	₹3.4 L/yr - ₹3.6 L/yr
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BFSI, Investments & Trading VRM Salary 0 - 3 years exp. (4 salaries)	₹3 L/yr - ₹3.4 L/yr

Last Updated: 25 Nov 2024

Companies similar to Kotak Mahindra Bank for VRM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank VRM Salary 0 - 6 years exp. (47 salaries)	₹2.1 L/yr - ₹7 L/yr 15% more
Axis Bank VRM Salary 0 - 8 years exp. (24 salaries)	₹1.6 L/yr - ₹5.3 L/yr At par
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IndusInd Bank VRM Salary 1 - 6 years exp. (10 salaries)	₹2 L/yr - ₹5 L/yr At par
Yes Bank VRM Salary 0 - 3 years exp. (24 salaries)	₹1.7 L/yr - ₹3.5 L/yr 30% less
IDFC FIRST Bank VRM Salary 0 - 12 years exp. (11 salaries)	₹4.5 L/yr - ₹8.3 L/yr 85% more
RBL Bank VRM Salary 1 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 12% less

VRM salary at Kotak Mahindra Bank ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 25 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank VRM salaries

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹3.2 L/yr - ₹3.5 L/yr
1 year (5 salaries)	₹2.5 L/yr - ₹4 L/yr
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2 years (4 salaries)	₹3 L/yr - ₹3.6 L/yr
3 years (12 salaries)	₹3 L/yr - ₹4 L/yr

Salary related reviews for Kotak Mahindra Bank

2.8

Rated by 3 employees for salary & benefits

Junior Associate in Thane

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.

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

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Senior Manager in Mumbai

Full Time

Risk Management & Compliance Department

3.0

• posted on 17 Oct 2024

3.0

for Salary and Benefits

Likes

Employee home loan facility for staff at lesser rate of interest ....nearly 50% less rest is ok ok

Dislikes

...ime extended working hours .....Which somewhere it disturbs work life balance... Salary hike is average and bonus depends on work

Assistant Manager in Jalandhar

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 09 Oct 2024

2.0

for Salary and Benefits

Likes

Fixed salary

Dislikes

work culture is very horrible Not supportive attitude of seniors Fake commitments of salary hike No pay for overtimings 365 days (excluded public holidays) never close branch after 7:30 or 8 .

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

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What people are saying about Kotak Mahindra Bank

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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

2 participants . expiring in 2w

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Kotak Mahindra Bank VRM Salary FAQs

What is the salary of VRM at Kotak Mahindra Bank?

VRM salary at Kotak Mahindra Bank in India ranges between ₹2.5 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 3% less than the average VRM Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a VRM at Kotak Mahindra Bank is 3% less than the average salary of a VRM in India. To know exact salary insights, login to view.

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

IDFC FIRST Bank VRM Salary - ₹4.5 Lakhs to ₹8.3 Lakhs per year
HDFC Bank VRM Salary - ₹2.1 Lakhs to ₹7.0 Lakhs per year
Axis Bank VRM Salary - ₹1.6 Lakhs to ₹5.3 Lakhs per year
IndusInd Bank VRM Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year

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

RBL Bank VRM Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
Yes Bank VRM Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a VRM at Kotak Mahindra Bank ranges between ₹24,498 per month to ₹25,944 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank VRM salary in India which ranges between ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 58% of the Kotak Mahindra Bank VRMs reported a notice period of 1 Month, 25% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank VRM Salaries

Kotak Mahindra Bank VRM salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.