Kotak Mahindra Prime Banking Associate Salaries by 4 Employees (Updated 2025)

1 - 4 years exp.

₹1.8 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Banking Associate Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Banking Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr
Finance & Accounting Banking Associate Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Sales & Business Development Banking Associate Salary 4 years exp. (AmbitionBox Estimate)	₹1.6 L/yr - ₹2 L/yr

Last Updated: 28 Aug 2024

Companies similar to Kotak Mahindra Prime for Banking Associate

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Banking Associate Salary 1 - 2 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 56% more
ICICI Bank Banking Associate Salary 0 - 4 years exp. (11 salaries)	₹1.4 L/yr - ₹3 L/yr 12% more
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Axis Bank Banking Associate Salary 1 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 35% more
Bajaj Finance Banking Associate Salary 0 - 2 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 49% more
Accenture Banking Associate Salary 0 - 5 years exp. (104 salaries)	₹1.8 L/yr - ₹5.8 L/yr 29% more

Banking Associate salary at Kotak Mahindra Prime ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Banking Associate salaries

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr

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Salary related reviews for Kotak Mahindra Prime

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.

Job security - Excellent

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.

Salary - Poor

+2 more

Deputy Manager in Goregaon

Other Department

3.0

• posted on 24 Jan 2021

2.0

for Salary and Benefits

Likes

Great company culture. No pay cuts even in pandemic times. Overall great company to work. But the growth prospects is very slow. Yearly appraisals are below expectations.

Job security - Excellent

+2 more

Dislikes

Mid management involved in politics and favourism based on religion.

Salary - Poor

+2 more

Relationship Manager in Nagpur

Finance Department

5.0

• posted on 24 Jan 2020

4.0

for Salary and Benefits

Likes

... and the culture of the company is excellent, teammates and Superiors are very supportive, need to chnge salary structure, appraisal ratings are too good, learning policies are advanced, work environment is excellent, excellent company for work satisfaction and stability,

Salary - Good

+6 more

Dislikes

Salary structure need to be change

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.

Job security - Good

+3 more

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.

Skill development - Good

+5 more

Dislikes

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Prime Banking Associate Salary FAQs

What is the salary of Banking Associate at Kotak Mahindra Prime?

Banking Associate salary at Kotak Mahindra Prime in India ranges between ₹1.8 Lakhs to ₹3.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 36% less than the average Banking Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Prime India.

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

The average salary of a Banking Associate at Kotak Mahindra Prime is 36% less than the average salary of a Banking Associate in India. To know exact salary insights, login to view.

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

HDFC Bank Banking Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
Bajaj Finance Banking Associate Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
Axis Bank Banking Associate Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Accenture Banking Associate Salary - ₹1.8 Lakhs to ₹5.8 Lakhs per year
ICICI Bank Banking Associate Salary - ₹1.4 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Banking Associate at Kotak Mahindra Prime ranges between ₹15,076 per month to ₹16,650 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Prime Banking Associate salary in India which ranges between ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Prime Banking Associates reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Prime Banking Associate Salaries

Kotak Mahindra Prime Banking Associate salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.