Kotak Mahindra Prime State Head Salaries by 3 Employees (Updated 2024)

12 - 20 years exp.

₹13 Lakhs - ₹15.2 Lakhs

Low Confidence

Salary of majority employees

6% less than the average State Head Salary in NBFC Companies for 12 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading State Head Salary 12 - 17 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹15 L/yr
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Finance & Accounting State Head Salary 20 years exp. (AmbitionBox Estimate)	₹13.7 L/yr - ₹16.7 L/yr

Last Updated: 21 Jan 2024

Companies similar to Kotak Mahindra Prime for State Head

Company name	Avg Annual Salary	Open Jobs
HDFC Bank State Head Salary 10 - 18 years exp. (22 salaries)	₹9 L/yr - ₹32 L/yr 28% more
ICICI Bank State Head Salary 1 - 18 years exp. (6 salaries)	₹12 L/yr - ₹25 L/yr 48% more
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Axis Bank State Head Salary 9 - 21 years exp. (47 salaries)	₹8 L/yr - ₹30.8 L/yr 26% more
Bajaj Finance State Head Salary 12 - 14 years exp. (5 salaries)	₹16.6 L/yr - ₹23.5 L/yr 35% more
Tata Capital State Head Salary 11 - 23 years exp. (18 salaries)	₹8 L/yr - ₹25 L/yr 20% more
Mahindra Finance State Head Salary 14 - 23 years exp. (6 salaries)	₹14 L/yr - ₹24 L/yr 6% more	1 job opening
L&T Finance State Head Salary 9 - 21 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 27% more
Sammaan Capital Limited State Head Salary 9 - 20 years exp. (3 salaries)	₹10 L/yr - ₹26 L/yr 9% more
Hinduja Leyland Finance State Head Salary 6 - 20 years exp. (32 salaries)	₹9.6 L/yr - ₹27.5 L/yr 11% more
Hero FinCorp State Head Salary 14 - 21 years exp. (15 salaries)	₹11.7 L/yr - ₹34 L/yr 42% more
Bajaj Housing Finance State Head Salary 17 - 22 years exp. (9 salaries)	₹17 L/yr - ₹31 L/yr 55% more
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Tata Capital Housing Finance State Head Salary 11 - 21 years exp. (7 salaries)	₹13.5 L/yr - ₹22 L/yr 17% more
Shubham Housing Development Finance State Head Salary 9 - 15 years exp. (6 salaries)	₹14.5 L/yr - ₹20 L/yr 13% more
Vastu Housing Finance State Head Salary 9 - 19 years exp. (6 salaries)	₹17 L/yr - ₹20.3 L/yr 27% more
Mahindra Rural Housing Finance State Head Salary 10 - 22 years exp. (6 salaries)	₹11 L/yr - ₹23 L/yr 39% more
Electronica Finance State Head Salary 12 - 19 years exp. (6 salaries)	₹10 L/yr - ₹16 L/yr 8% less
Ugro Capital State Head Salary 9 - 15 years exp. (6 salaries)	₹10 L/yr - ₹17 L/yr 17% more
PNB Housing Finance State Head Salary 10 - 18 years exp. (4 salaries)	₹16 L/yr - ₹24 L/yr 39% more
Home Credit Finance State Head Salary 5 - 7 years exp. (4 salaries)	₹8.4 L/yr - ₹12.6 L/yr 13% less
Finova Capital State Head Salary 7 - 14 years exp. (4 salaries)	₹5.5 L/yr - ₹9.2 L/yr 52% less

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State Head salary at Kotak Mahindra Prime ranges between ₹13 Lakhs to ₹15.2 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Prime.

Experience wise Kotak Mahindra Prime State Head salaries

Last Updated: 21 Jan 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹13 L/yr - ₹13 L/yr
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15+ years (AmbitionBox Estimate)	₹15 L/yr - ₹15.2 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.

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 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

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.

Dislikes

Mid management involved in politics and favourism based on religion.

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,

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.

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.

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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 State Head Salary FAQs

What is the notice period for State Head at Kotak Mahindra Prime?

According to AmbitionBox, 100% of the Kotak Mahindra Prime State Heads reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Prime State Head Salaries

Kotak Mahindra Prime State Head salary in India ranges between ₹13 Lakhs to ₹15.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Prime latest salaries received from various employees of Kotak Mahindra Prime.