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Kotak Mahindra Bank Salaries in India

based on 81.3k 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
2 - 8 years exp. (68 salaries)
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₹3.5 L/yr - ₹8 L/yr

0 - 4 years exp. (67 salaries)
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₹1.6 L/yr - ₹3.5 L/yr

9 - 17 years exp. (66 salaries)
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₹6.9 L/yr - ₹22 L/yr

1 - 6 years exp. (66 salaries)
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₹1.4 L/yr - ₹4.5 L/yr

1 job opening
1 - 5 years exp. (65 salaries)
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₹1.5 L/yr - ₹3.3 L/yr

1 - 13 years exp. (63 salaries)
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₹5.8 L/yr - ₹24.1 L/yr

1 - 7 years exp. (63 salaries)
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₹2.9 L/yr - ₹7 L/yr

6 - 13 years exp. (62 salaries)
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₹3.8 L/yr - ₹10.1 L/yr

1 - 7 years exp. (61 salaries)
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₹4 L/yr - ₹7 L/yr

0 - 6 years exp. (60 salaries)
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₹6 L/yr - ₹24 L/yr

5 - 13 years exp. (60 salaries)
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₹3 L/yr - ₹9 L/yr

1 job opening
0 - 6 years exp. (60 salaries)
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₹2.5 L/yr - ₹3.8 L/yr

1 - 5 years exp. (59 salaries)
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₹1.5 L/yr - ₹3.8 L/yr

2 - 8 years exp. (58 salaries)
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₹2.5 L/yr - ₹6 L/yr

7 - 14 years exp. (58 salaries)
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₹8 L/yr - ₹17 L/yr

3 - 7 years exp. (58 salaries)
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₹2.9 L/yr - ₹6.1 L/yr

4 - 12 years exp. (57 salaries)
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₹8.1 L/yr - ₹19 L/yr

5 - 16 years exp. (57 salaries)
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₹5.5 L/yr - ₹17 L/yr

11 - 18 years exp. (57 salaries)
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₹6.5 L/yr - ₹16.4 L/yr

1 - 4 years exp. (56 salaries)
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₹1.8 L/yr - ₹4.2 L/yr

Last Updated: 23 Dec, 2024

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 15.7k employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

2.0
 for  Salary and Benefits

Likes

Kotak Mahindra Bank is such wonderful Bank to work. Bank having very good peocess and system.

Dislikes

...nd so many people act like they are running bank business like proprietary firm. Need to be appreciated the true hard working employee with salary increments as well.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024

2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

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Full Time

 · 

Other Department

1.0
  •  posted on 15 Nov 2024

1.0
 for  Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

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Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

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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 ₹55 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 81.3k 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 ₹55 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 ₹36.17 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 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1.1 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 at Kotak Mahindra Bank?
According to AmbitionBox, 53% of the Kotak Mahindra Bank employees reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 64.6k responses on AmbitionBox in last 2 years.

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Average annual salary in Kotak Mahindra Bank is INRunlock blur . Salary estimates are based on 81.3k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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