Kotak Mahindra Prime Goregaon Salaries by Employees

Designation	Avg Annual Salary	Open Jobs
Business Analyst 7 years exp. · Goregaon (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Salary related reviews for Kotak Mahindra Prime

2.4

Rated by 7 employees for salary & benefits

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.

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

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

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

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

Job security - Excellent

+1 more

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

Salary - Poor

+2 more

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Kotak Mahindra Prime interview questions by designations

Sales Executive (7)Junior Associate (5)Deputy Manager (5)Relationship Manager (4)

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Kotak Mahindra Prime Salary FAQs

How much does Kotak Mahindra Prime pay to its employees?

The average annual salary at Kotak Mahindra Prime varies depending on the role, experience, and location. The salary ranges for some popular designations at Kotak Mahindra Prime, are as follows:

Business Analyst

₹5.2 Lakhs to ₹6.6 Lakhs per year

The highest-paying role, Vice President, earns between ₹22 Lakhs to ₹35 Lakhs per year. The top 10% of employees earn more than ₹11 Lakhs per year, and the top 1% earn over ₹30 Lakhs per year. Salaries at Kotak Mahindra Prime can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 1 salaries submitted by Kotak Mahindra Prime employees. Kotak Mahindra Prime is rated 2.4 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Kotak Mahindra Prime in Goregaon?

The salary of a fresher at Kotak Mahindra Prime in Goregaon typically ranges from ₹1.8 Lakh to ₹10.7 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Sales Executive Salary	₹1.6 Lakhs to ₹3 Lakhs per year
Fresher as a Credit Manager Salary	₹6 Lakhs to ₹10.7 Lakhs per year
Fresher as a Junior Associate Salary	₹1.5 Lakhs to ₹2.5 Lakhs per year
Fresher as a Relationship Manager Salary	₹2.2 Lakhs to ₹3.2 Lakhs per year