Kotak Mahindra Prime Kotak Mahindra Bank Salaries by 4 Employees

1 - 3 years exp.

₹2.4 Lakhs - ₹3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

15% less than the average Kotak Mahindra Bank Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Kotak Mahindra Bank Salary 1 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr
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Marketing & Communication Kotak Mahindra Bank Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 27 Sep 2024

Companies similar to Kotak Mahindra Prime for Kotak Mahindra Bank

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Kotak Mahindra Bank Salary 1 - 7 years exp. (210 salaries)	₹1 L/yr - ₹6.6 L/yr 36% more	15 job openings
Prism Johnson Kotak Mahindra Bank Salary 1 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹6.3 L/yr 98% more
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R G Technosolutions Kotak Mahindra Bank Salary 2 - 7 years exp. (5 salaries)	₹0.1 L/yr - ₹3.2 L/yr 13% less
KMBL Kotak Mahindra Bank Salary 0 - 6 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 24% more
Ivangel Sales & Services Kotak Mahindra Bank Salary 0 - 8 years exp. (4 salaries)	₹1.8 L/yr - ₹3 L/yr 10% less

Kotak Mahindra Bank salary at Kotak Mahindra Prime ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime Kotak Mahindra Bank salaries

Last Updated: 27 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

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

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

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

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.

Skill development - Good

+2 more

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.

Salary - Poor

+1 more

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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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Kotak Mahindra Prime Kotak Mahindra Bank Salary FAQs

What is the salary of Kotak Mahindra Bank at Kotak Mahindra Prime ?

The average salary of a Kotak Mahindra Bank at Kotak Mahindra Prime in India typically ranges from ₹2.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Kotak Mahindra Bank at Kotak Mahindra Prime earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Kotak Mahindra Bank 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 estimates are based on salary data submitted by 4 Kotak Mahindra Prime employees in India.

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

The estimated take-home salary of a Kotak Mahindra Bank at Kotak Mahindra Prime in India typically ranges from ₹17,883 to ₹19,578 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 3 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Kotak Mahindra Prime. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Prime for Kotak Mahindra Bank in India?

Prism Johnson	₹3.2 Lakhs to ₹6.3 Lakhs per year
Kotak Mahindra Bank	₹1.0 Lakhs to ₹6.6 Lakhs per year
KMBL	₹2.5 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Prime, depending on the role and experience level.

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

The salary of a Kotak Mahindra Bank at companies similar to Kotak Mahindra Prime in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ivangel Sales & Services	₹1.8 Lakhs to ₹3.0 Lakhs per year
R G Technosolutions	₹0.1 Lakhs to ₹3.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Kotak Mahindra Bank at Kotak Mahindra Prime in India?

The salary growth for a Kotak Mahindra Bank at Kotak Mahindra Prime depends on factors such as experience, performance, and promotions. On average, a Kotak Mahindra Bank can expect the following growth trajectory at Kotak Mahindra Prime:

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.2 Lakhs to ₹2.8 Lakhs per year
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Kotak Mahindra Prime Kotak Mahindra Bank Salaries

Kotak Mahindra Prime Kotak Mahindra Bank salary in India ranges between ₹2.4 Lakhs 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.