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Kotak Mahindra Bank Salaries in India (Updated 2025)

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Salaries by designations

Based on 284 salaries · Updated: 22 May 2025
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Designation Avg Annual Salary Open Jobs
3 - 14 years exp. (240 salaries)
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₹4 L/yr - ₹9.1 L/yr

1 job opening
0 - 6 years exp. (238 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

1 - 6 years exp. (226 salaries)
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₹1.5 L/yr - ₹4 L/yr

3 - 10 years exp. (211 salaries)
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₹5.9 L/yr - ₹12 L/yr

0 - 5 years exp. (208 salaries)
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₹1.4 L/yr - ₹3.5 L/yr

0 - 7 years exp. (203 salaries)
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₹1.8 L/yr - ₹5 L/yr

8 job openings
0 - 5 years exp. (203 salaries)
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₹2 L/yr - ₹5 L/yr

1 - 6 years exp. (200 salaries)
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₹2.8 L/yr - ₹6.3 L/yr

6 job openings
3 - 16 years exp. (188 salaries)
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₹2.9 L/yr - ₹13 L/yr

0 - 6 years exp. (184 salaries)
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₹2 L/yr - ₹4.8 L/yr

1 - 9 years exp. (182 salaries)
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₹15.5 L/yr - ₹28 L/yr

2 - 12 years exp. (181 salaries)
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₹4.7 L/yr - ₹11.4 L/yr

2 - 9 years exp. (178 salaries)
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₹3.3 L/yr - ₹7.1 L/yr

8 - 18 years exp. (176 salaries)
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₹15 L/yr - ₹25 L/yr

5 - 13 years exp. (171 salaries)
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₹8 L/yr - ₹14 L/yr

0 - 13 years exp. (171 salaries)
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₹5.5 L/yr - ₹12 L/yr

2 - 9 years exp. (169 salaries)
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₹3.3 L/yr - ₹7 L/yr

0 - 11 years exp. (168 salaries)
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₹4 L/yr - ₹8.7 L/yr

1 job opening
1 - 9 years exp. (168 salaries)
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₹1.4 L/yr - ₹3.7 L/yr

1 job opening
0 - 6 years exp. (165 salaries)
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₹1.5 L/yr - ₹3.8 L/yr

0 - 6 years exp. (333 salaries)
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₹2 L/yr - ₹4.6 L/yr

2 job openings

Latest salaries by Kotak Mahindra Bank employees

1d ago

Senior Manager

10 years exp.

₹10 Lakhs
1d ago

Deputy Vice President

13 years exp.

₹36.3 Lakhs
1d ago

Manager

8 years exp.

₹7 Lakhs
1d ago

Product Manager

3 years exp.

₹22 Lakhs
1d ago

Deputy Manager

11 years exp.

₹7 Lakhs
1d ago

Branch Sales Manager

9 years exp.

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1d ago

Senior Vice President

20 years exp.

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1d ago

Associate Vice President

17 years exp.

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1d ago

Assistant Manager 1

3 years exp.

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1d ago

Deputy Manager Grade 2

4 years exp.

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View all latest salaries

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Kotak Mahindra Bank

3.7

Rated by 116 employees for salary & benefits

Full Time

 · 

PSU Department

3.0
  •  updated on 09 Mar 2021

4.0
 for  Salary and Benefits

Likes

...s. There are some scams going on eg. RM's take money in the name of LI customer. RM give the option that they can provide customer for li but you have to pay for the same. Am has to giv e money under pressure of sales. LuvKush one of the RM in kotak did the same with me.

read more
  • Salary - Good

Dislikes

Misuse of the designation of employees. E.g. Some RM ask for the money in return of providing customer whom you can sell the product.

read more
  • Skill development - Poor
  • +2 more

Corporate Salary Department

4.0
  •  updated on 23 Jun 2020

3.0
 for  Salary and Benefits

Likes

I would love to work with kotak in future if I get a chance. Moreover, about lock down we are less with KMB

  • Job security - Good
  • +2 more

Dislikes

...can get their space to work and learn and utilise their mind in a positive note. Else everyone was very helpful and product "corporate salary " is tremendous.

read more
  • Company culture - Poor

Corporate Salary sales Department

1.0
  •  updated on 08 Aug 2017

1.0
 for  Salary and Benefits

Likes

NOTHING

Dislikes

...athetic compensation, inconsiderate, inhumane & excruciatingly demanding bosses.You get peanuts in terms of compensation as compared to other Banks,I was in corporate salary department ,which is usually relaxed in other Banks,we were forced to write forms despite being managers,bosses always hurl abuses,very demotivating & terrible workplace.It's like Hitler running Nazi camp ,i still get goosebump,whenever I remenicisee about that time.7 months of working was shear labour, extremely tense.Not possible worst than this on the face of the Earth.Please never ever join this organization.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 15 Apr 2025

2.0
 for  Salary and Benefits

Likes

Work friendly with team members.

  • Skill development - Good

Dislikes

...cpc branches, sitting capacity in branches very low . Number DST ALSO VERY LOW . DST salary also very low no increments for front line sales . and no promotions. Fully manual work with compared other banks and NBFC's. Even no festival holidays in month ends. Month end Sunday are working days.

read more
  • Salary - Poor

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated 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

read more
  • Salary - Poor
  • +4 more
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Average annual salary in Kotak Mahindra Bank 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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