Kotak Mahindra Prime Associate Salaries by 100+ Employees (Updated 2024)

1 - 8 years exp.

₹1.6 Lakh - ₹3.7 Lakhs

Salary of majority employees

64% less than the average Associate Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 1 - 7 years exp. (30 salaries)	₹1.8 L/yr - ₹3.7 L/yr
BFSI, Investments & Trading Associate Salary 1 - 6 years exp. (16 salaries)	₹1.6 L/yr - ₹3.2 L/yr
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Customer Success, Service & Operations Associate Salary 1 - 5 years exp. (11 salaries)	₹1.8 L/yr - ₹3 L/yr
Sales & Business Development Associate Salary 3 - 6 years exp. (8 salaries)	₹2.1 L/yr - ₹3.1 L/yr
Engineering - Software & QA Associate Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.9 L/yr

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Last Updated: 11 Dec 2024

Companies similar to Kotak Mahindra Prime for Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Salary 0 - 6 years exp. (73 salaries)	₹1.5 L/yr - ₹8 L/yr 22% more
ICICI Bank Associate Salary 0 - 5 years exp. (116 salaries)	₹1.1 L/yr - ₹6 L/yr 8% more
Login to view exact salary
Axis Bank Associate Salary 0 - 6 years exp. (52 salaries)	₹1.8 L/yr - ₹5 L/yr 22% more
Bajaj Finance Associate Salary 0 - 6 years exp. (36 salaries)	₹1.2 L/yr - ₹3.5 L/yr 17% less
Tata Capital Associate Salary 0 - 11 years exp. (29 salaries)	₹1.4 L/yr - ₹5.5 L/yr 22% more	5 job openings
Mahindra Finance Associate Salary 1 - 5 years exp. (22 salaries)	₹1.7 L/yr - ₹4.4 L/yr 4% less
L&T Finance Associate Salary 0 - 6 years exp. (8 salaries)	₹1.7 L/yr - ₹6 L/yr 9% more
Aditya Birla Finance Associate Salary 1 - 5 years exp. (5 salaries)	₹1.4 L/yr - ₹3.5 L/yr 20% less
Sammaan Capital Limited Associate Salary 1 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 15% less
Hero FinCorp Associate Salary 1 - 13 years exp. (122 salaries)	₹4.5 L/yr - ₹17 L/yr 264% more
Home Credit Finance Associate Salary 1 - 7 years exp. (70 salaries)	₹1.5 L/yr - ₹3.6 L/yr 9% less	3 job openings
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BA Continuum Associate Salary 7 - 13 years exp. (47 salaries)	₹12.5 L/yr - ₹44.1 L/yr 1042% more
LIC Housing Finance Associate Salary 2 - 8 years exp. (32 salaries)	₹4.2 L/yr - ₹10.3 L/yr 181% more
Mahindra Rural Housing Finance Associate Salary 0 - 6 years exp. (23 salaries)	₹1.3 L/yr - ₹3.1 L/yr 21% less
InCred Finance Associate Salary 0 - 6 years exp. (12 salaries)	₹1.2 L/yr - ₹6.1 L/yr 62% more
PNB Housing Finance Associate Salary 0 - 8 years exp. (7 salaries)	₹3.1 L/yr - ₹5 L/yr 49% more
Bajaj Housing Finance Associate Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3.8 L/yr 5% more

Associate salary at Kotak Mahindra Prime ranges between ₹1.6 Lakh to ₹3.7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 103 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Associate salaries

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
1 year (16 salaries)	₹1.7 L/yr - ₹3.1 L/yr
2 years (19 salaries)	₹1.6 L/yr - ₹3.5 L/yr
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3 years (22 salaries)	₹1.9 L/yr - ₹3.2 L/yr
4 years (19 salaries)	₹1.9 L/yr - ₹3.7 L/yr
5 years (12 salaries)	₹1.9 L/yr - ₹3.6 L/yr
6 years (10 salaries)	₹2.2 L/yr - ₹3.5 L/yr
7 years (3 salaries)	₹2 L/yr - ₹3 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.3 L/yr

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Similar Designation salaries in Kotak Mahindra Prime

Senior Associate Salary

(3 salaries)

₹2.87 L/yr - ₹3.6 L/yr

Team Lead Salary

(16 salaries)

₹2.05 L/yr - ₹4.2 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Software Engineer Salary

(AmbitionBox Estimate)

₹22.3 L/yr - ₹28.5 L/yr

Salesforce Developer Salary

(AmbitionBox Estimate)

₹10.5 L/yr - ₹13.5 L/yr

Senior Software Engineer Salary

(AmbitionBox Estimate)

₹12.1 L/yr - ₹15.4 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹32.4 L/yr - ₹41.4 L/yr

Salary related reviews for Kotak Mahindra Prime

3.3

Rated by 22 employees for salary & benefits

Deputy Manager in Ajmer

Full Time

Sales & Business Development Department

3.0

• posted on 26 Jul 2024

2.0

for Salary and Benefits

Likes

Job stability, transfers, open door policy.

Dislikes

No Promotion policy is defined or followed. No considerable salary hike. You can be sitting at the same salary forever if you don’t switch. Office politics cannot even be described in words. No bonus.

Senior Manager in Goregaon

Full Time

Finance & Accounting Department

4.0

• posted on 09 May 2023

3.0

for Salary and Benefits

Likes

There is an open door policy,we can anytime directly interact with management.

Dislikes

The only point i would like to highlight is the company should think about salary structure for employee is very low compared to other banking industry. As per the grade the salary doesn't Match.

Senior Area Sales Manager in Madurai

Full Time

Sales & Business Development Department

4.0

• posted on 30 Dec 2022

3.0

for Salary and Benefits

Likes

Work culture, individual development, ownership, Job security hi level management recognition and appreciation is good.

Dislikes

Pay level and incentives not match with market but if our performance is good we get all things

Location Collection Manager in Lucknow

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 06 Jan 2022

2.0

for Salary and Benefits

Likes

About job security and 5 days working but last Saturday Sunday is working Overall good company

Dislikes

Not pay as per the working and also not provide any incentive There is lots of politics and also not good appraisal Not provide any budget for performing team for outing and other incentive

Associate CSR in New Delhi

Full Time

Quality Assurance Department

3.0

• posted on 30 Apr 2021

2.0

for Salary and Benefits

Likes

Motor such pressure in the department of customer service or operations.

Dislikes

If I was an employee as a manager to reach my salary package with two years of work but they will never erase it all the day hire fresher with the great package and as experience applied they have the responsibility to guide a fresher who has a great package in the mean of the salary they provide very less.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Kotak Mahindra Prime Associate Salary FAQs

What is the salary of Associate at Kotak Mahindra Prime?

Associate salary at Kotak Mahindra Prime in India ranges between ₹1.6 Lakhs to ₹3.7 Lakhs for experience between 1 years to 8 years. According to our estimates it is 64% less than the average Associate Salary in India. Salary estimates are based on 103 latest salaries received from various employees of Kotak Mahindra Prime India.

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

The average salary of a Associate at Kotak Mahindra Prime is 64% less than the average salary of a Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Prime to a Associate in India?

BA Continuum Associate Salary - ₹12.5 Lakhs to ₹44.1 Lakhs per year
Hero FinCorp Associate Salary - ₹4.5 Lakhs to ₹17.0 Lakhs per year
LIC Housing Finance Associate Salary - ₹4.2 Lakhs to ₹10.3 Lakhs per year
InCred Finance Associate Salary - ₹1.2 Lakhs to ₹6.1 Lakhs per year
PNB Housing Finance Associate Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year

What is the salary of a Associate in companies similar to Kotak Mahindra Prime in India?

HDFC Bank Associate Salary - ₹1.5 Lakhs to ₹8.0 Lakhs per year
Tata Capital Associate Salary - ₹1.4 Lakhs to ₹5.5 Lakhs per year
Axis Bank Associate Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
L&T Finance Associate Salary - ₹1.7 Lakhs to ₹6.0 Lakhs per year
ICICI Bank Associate Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Associate at Kotak Mahindra Prime in India?

The estimated take-home salary of a Associate at Kotak Mahindra Prime ranges between ₹19,052 per month to ₹20,730 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Prime Associate salary in India which ranges between ₹1.6 Lakhs to ₹3.7 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Associate at Kotak Mahindra Prime?

According to AmbitionBox, 83% of the Kotak Mahindra Prime Associates reported a notice period of 1 Month, 8% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 75 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Prime Associate Salaries

Kotak Mahindra Prime Associate salary in India ranges between ₹1.6 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 103 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.