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Kotak Mahindra Bank Service Officer Salaries in India

based on 869 latest salaries
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Designation Avg Annual Salary Open Jobs
0 - 6 years exp. (862 salaries)
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₹1.7 L/yr - ₹4.6 L/yr

0 - 6 years exp. (891 salaries)
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₹1 L/yr - ₹4 L/yr

0 - 8 years exp. (890 salaries)
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₹1 L/yr - ₹5.1 L/yr

0 - 10 years exp. (862 salaries)
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₹3 L/yr - ₹9.5 L/yr

7 - 16 years exp. (819 salaries)
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₹7.5 L/yr - ₹27.5 L/yr

0 - 10 years exp. (796 salaries)
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₹2.6 L/yr - ₹7 L/yr

0 - 5 years exp. (780 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

0 - 6 years exp. (647 salaries)
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₹1.9 L/yr - ₹6.1 L/yr

0 - 12 years exp. (558 salaries)
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₹6.3 L/yr - ₹25 L/yr

3 - 13 years exp. (496 salaries)
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₹3.3 L/yr - ₹11.3 L/yr

8 - 22 years exp. (474 salaries)
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₹15 L/yr - ₹45 L/yr

0 - 12 years exp. (416 salaries)
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₹4 L/yr - ₹12.5 L/yr

2 - 11 years exp. (387 salaries)
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₹6.5 L/yr - ₹16 L/yr

0 - 4 years exp. (386 salaries)
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₹1.7 L/yr - ₹4 L/yr

0 - 6 years exp. (335 salaries)
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₹1.4 L/yr - ₹4.5 L/yr

2 - 8 years exp. (335 salaries)
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₹2.7 L/yr - ₹6.3 L/yr

0 - 9 years exp. (12.7k salaries)
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₹1 L/yr - ₹5 L/yr

0 - 15 years exp. (5.4k salaries)
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₹4 L/yr - ₹12 L/yr

0 - 18 years exp. (3.5k salaries)
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₹6.5 L/yr - ₹19 L/yr

0 - 6 years exp. (1k salaries)
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₹1.2 L/yr - ₹4.2 L/yr

12 - 21 years exp. (406 salaries)
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₹19.2 L/yr - ₹60 L/yr

Last Updated: 3 Jan, 2025

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 232 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 05 Feb 2024

1.0
 for  Salary and Benefits

Likes

All process al very smooth and cooperative staff

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 03 Jul 2023

1.0
 for  Salary and Benefits

Likes

The only thing i can say good about this Organization is that they have a very good management that's all

Dislikes

...centives they will give amazon vouchers that also sometimes they will not give. They will give promotions only after three or four years and believe me the salary hike will not be that good, ur work and targets will increase but not your salary. They will ask u to come on holidays to make business calls, they will not give leave even if u r so sick that u cant even work For any organization clients are important but so as employees but this organization does not care about it employees they will not hire people faster if some one leaves the job they will just increase the job burden on the existing employees, they will shout and scream before customers if we don't achieve sales targets. Don't get me started about how much paper work and registers are there for day to day operations ,while all the other banks are adapting new technologies in their workplace this bank is still stuck in the past with its bureaucratic practices. There is lot of micro management in this company. The branch i worked for have so many audits monthly,6months once, every year ,if they find a small lapse in process they will treat the employee like he is some kind of criminal and yes some managers will vouch for u and trust u haven't done anything wrong ,but still it will be dramatic.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 11 Jul 2020

1.0
 for  Salary and Benefits

Likes

I like service provide in customer . I like bank sector. I like best opportunity Provide in kotak bank Ex :- customer handaling , ATM , CDM , CDK Machine to oprating , and how to customer communicatie to product ...

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Dislikes

Salary low , culture problem , Not other bench to transfer in my case., Kotak not care in employees

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BFSI, Investments & Trading Department

2.0
  •  posted on 04 Oct 2020

2.0
 for  Salary and Benefits

Likes

You will learn what is banking.

Dislikes

...l as promotions both will not be given to you either one can be given to you. This company didn't give any hikes for the 19-20 even though company performed well, bonus reduced to 1 third compared with previous years and they rolled out new HR policy where employee will not get leave encashment if he leaves the organization in the year 20-21. This bank used covid situation to its favour when it comes to expenses.

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Customer Success, Service & Operations Department

5.0
  •  posted on 09 Sep 2020

5.0
 for  Salary and Benefits

Likes

Kotak bank provide very good compensation in this pandemic which is very good for the employes

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Dislikes

I only dislike about the kotak mahindra bank is basically not the bank but the reporting managers they dont know how to talk with subordinates

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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Mail Room Executive and ₹50 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 869 Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in Kotak Mahindra Bank?
The highest-paying job at Kotak Mahindra Bank is a Executive Vice President with a salary of ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14 lakhs per year. The top 1% earn more than a whopping ₹37.03 lakhs per year.
What is the minimum salary in Kotak Mahindra Bank?
Minimum salary at Kotak Mahindra Bank depends on the role you are applying for. For Associate the minimum salary is ₹1.2 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra Bank?
The average salary at Kotak Mahindra Bank for freshers varies from ₹1.4 Lakh to ₹2.4 Lakhs per year for Sampler and ₹12 Lakhs to ₹17 Lakhs per year for Data Scientist.
What is the notice period for Service Officer at Kotak Mahindra Bank?
According to AmbitionBox, 63% of the Kotak Mahindra Bank Service Officers reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 826 responses on AmbitionBox in last 2 years.

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Average annual salary for Service Officer in Kotak Mahindra Bank is INRunlock blur . Salary estimates are based on 869 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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