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Kotak Mahindra Bank

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3.7

based on 17.5k Reviews

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Banking Officer
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Kotak Mahindra Bank Banking Officer Salaries in India (Updated 2025)

based on 188 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Banking Officer

1 - 6 years exp. (194 salaries)
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₹1.6 L/yr - ₹5 L/yr

Key Account Manager

5 - 13 years exp. (168 salaries)
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₹5 L/yr - ₹14 L/yr

Collections Executive

0 - 6 years exp. (165 salaries)
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₹1.4 L/yr - ₹3.7 L/yr

Legal Manager

2 - 14 years exp. (164 salaries)
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₹4.1 L/yr - ₹13.1 L/yr

Deputy Manager Operations

3 - 9 years exp. (163 salaries)
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₹2.5 L/yr - ₹6.6 L/yr

Customer Service Officer

0 - 5 years exp. (161 salaries)
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₹1.5 L/yr - ₹4.4 L/yr

Virtual Relationship Manager

0 - 6 years exp. (158 salaries)
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₹2 L/yr - ₹5 L/yr

Senior Product Manager

1 - 9 years exp. (157 salaries)
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₹9.9 L/yr - ₹28 L/yr

HR Executive

0 - 4 years exp. (156 salaries)
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₹1.3 L/yr - ₹4.3 L/yr

Senior Vice President

15 - 24 years exp. (152 salaries)
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₹25 L/yr - ₹80 L/yr

Customer Service Executive

0 - 6 years exp. (152 salaries)
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₹1.2 L/yr - ₹4.5 L/yr

Authoriser

3 - 9 years exp. (151 salaries)
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₹2.9 L/yr - ₹7.6 L/yr

Assistant Manager 1

0 - 6 years exp. (149 salaries)
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₹2 L/yr - ₹4.2 L/yr

Trade Relationship Manager

0 - 9 years exp. (148 salaries)
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₹3.5 L/yr - ₹8.8 L/yr

Business Relationship Manager

0 - 7 years exp. (148 salaries)
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₹2.7 L/yr - ₹10 L/yr

Senior Sales Executive

0 - 6 years exp. (147 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

Location Credit Manager

3 - 12 years exp. (144 salaries)
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₹5.4 L/yr - ₹21.5 L/yr

Service Delivery Officer Authorizer

2 - 7 years exp. (143 salaries)
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₹3.4 L/yr - ₹6.5 L/yr

Area Business Manager

8 - 19 years exp. (142 salaries)
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₹8 L/yr - ₹29.3 L/yr

Team Manager

1 - 14 years exp. (141 salaries)
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₹2.2 L/yr - ₹12 L/yr

Senior Assistant Manager

1 - 5 years exp. (140 salaries)
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₹1.8 L/yr - ₹4.4 L/yr

Last Updated: 3 Jan, 2025

What people are saying about Kotak Mahindra Bank

View All
a manager
6d
Ambiguity in JOB offer.
I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.
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Salary related reviews for Kotak Mahindra Bank

4.3

Rated by 30 employees for salary & benefits

Banking Officer in New Delhi

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 26 May 2023
3.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

There is no change in salary even after being promoted… work gets increased but pay is the same… we have to do operations and sales both simultaneously but still no change in salary… it seems as if no work is there…everything is auditable and job security is null but we give daily productivity in that time only still on the basis of ratings salary is dealt… I have tried my best in sales and ops but my Bm gave me 2 star and everything went in vain… then what is the meaning of performing best… And 1st they will hire you and after they will treat you like robot..they don't pay any salary any pramotions...even they don't give you any single holiday..

read more
  • Work-life balance - Poor

Deputy Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 11 Jun 2024
2.0
 for  Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

read more
  • Job security - Good
    • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
    • +1 more

Deputy Manager in Vadodara

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

Deputy Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Mar 2024
2.0
 for  Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

  • Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

read more
  • Salary - Poor
    • +4 more

Deputy Manager in Mumbai

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 30 Dec 2023
3.0
 for  Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

  • Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

read more
  • Skill development - Poor
    • +1 more
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Average annual salary for Banking Officer in Kotak Mahindra Bank is INRunlock blur . Salary estimates are based on 100+ Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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