Kotak Securities Associate Salaries by 10+ Employees (Updated 2024)

0 - 3 years exp.

₹1.4 Lakh - ₹3.5 Lakhs

Salary of majority employees

63% less than the average Associate Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 0 - 3 years exp. (4 salaries)	₹1.4 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Associate Salary Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.8 L/yr
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Marketing & Communication Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.9 L/yr

Last Updated: 22 May 2024

Companies similar to Kotak Securities for Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Associate Salary 0 - 15 years exp. (32 salaries)	₹3.8 L/yr - ₹10.3 L/yr 233% more
HDFC Securities Associate Salary 0 - 4 years exp. (3 salaries)	₹1.6 L/yr - ₹4 L/yr 2% more
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Axis Direct Associate Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.2 L/yr 23% less
Sharekhan Associate Salary 0 - 6 years exp. (11 salaries)	₹7.1 L/yr - ₹16.9 L/yr 242% more
Angel One Associate Salary 1 - 4 years exp. (19 salaries)	₹2 L/yr - ₹4.4 L/yr 13% more
Motilal Oswal Financial Services Associate Salary 0 - 5 years exp. (8 salaries)	₹2.6 L/yr - ₹5 L/yr 31% more
Edelweiss Associate Salary 0 - 8 years exp. (329 salaries)	₹2.1 L/yr - ₹11 L/yr 123% more	1 job opening
IIFL Securities Associate Salary 0 - 4 years exp. (13 salaries)	₹7 L/yr - ₹25 L/yr 414% more
TIAA Global Business Services Associate Salary 5 - 11 years exp. (564 salaries)	₹9.7 L/yr - ₹30.4 L/yr 663% more	3 job openings
Apex Group Associate Salary 0 - 8 years exp. (453 salaries)	₹4 L/yr - ₹12 L/yr 166% more	2 job openings

View all

Associate salary at Kotak Securities ranges between ₹1.4 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 11 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Associate salaries

Last Updated: 22 May 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹1.9 L/yr - ₹3.5 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.9 L/yr
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2 years (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr

From

Associate

₹

Lakhs/yr

0 - 3 years exp.

Deputy Vice President

₹

Lakhs/yr

10 - 19 years exp.

Associate 0 - 3 years exp.

Assistant Manager 0 - 7 years exp.

23% hike

Deputy Manager 0 - 11 years exp.

34% hike

From

2 more levels

Associate

0 - 3 years exp.

Branch Manager

7 - 19 years exp.

Similar Designation salaries in Kotak Securities

Senior Associate Salary

(6 salaries)

₹3 L/yr - ₹4.4 L/yr

Team Lead Salary

(15 salaries)

₹4.83 L/yr - ₹13.8 L/yr

Technical Lead Salary

(4 salaries)

₹16 L/yr - ₹41.55 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Java Developer Salary

(6 salaries)

₹8 L/yr - ₹12 L/yr

Plsql Developer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Software Engineer Salary

(19 salaries)

₹3.2 L/yr - ₹12.43 L/yr

Salesforce Developer Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Software Developer Salary

(21 salaries)

₹9.67 L/yr - ₹17.5 L/yr

Salary related reviews for Kotak Securities

3.0

Rated by 5 employees for salary & benefits

Team Lead in Pathanamthitta, KOTTAYAM

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 22 Aug 2022

2.0

for Salary and Benefits

Likes

Incentive Structure.

Dislikes

...ship with Employee and Employer. Employees are Treated more often as Executives. Salary structure is not based on skill and expertise. Stagnant Growth and Career opportunities.

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Salary on time and Saturday off

Dislikes

Vary bad work culture no any support from senior Specially cannot work with this Stupid Rohit Mahipal very worst fellow and because of him many employee resigned from KS even BM,Cluster Head, state Head etc. Really where he worked he made all office empty so don't work with him and later joined Chinmoy Sharma he is very oiling person to senior even bad bad performance from previous company but he joined here coz of reference stupid Rohit Mahipal.

Senior Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Apr 2024

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...lers resigned due cash turnover target and rejoined in their previous company . if your boss likes you personally then will get promotion , good rating & bonus...Other wise swahahaaaaa

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is on time A fixed Fuel reimbursement is passed without hassle Good learning experience

Dislikes

There is very high pressure and toxic work environment Unrealistic expectations are set by the managers on a daily basis Managers don’t approve leaves easily There is no real training program and very little support from operations end

Research Analyst in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Aug 2024

1.0

for Salary and Benefits

Likes

Theres nothing to love about ksec, its just for someone who loves working and gain experience

Dislikes

Every single thing starting from the corporate environment to politics and finally to compensation every thing are miserable

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 Securities Associate Salary FAQs

What is the salary of Associate at Kotak Securities?

Associate salary at Kotak Securities in India ranges between ₹1.4 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 63% less than the average Associate Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Kotak Securities India.

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

The average salary of a Associate at Kotak Securities is 63% 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 Securities to a Associate in India?

TIAA Global Business Services Associate Salary - ₹9.7 Lakhs to ₹30.4 Lakhs per year
IIFL Securities Associate Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Better.com Associate Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
Sharekhan Associate Salary - ₹7.1 Lakhs to ₹16.9 Lakhs per year
ICICI Securities Associate Salary - ₹3.8 Lakhs to ₹10.3 Lakhs per year

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

Macquarie Group Associate Salary - ₹5.0 Lakhs to ₹12.5 Lakhs per year
Apex Group Associate Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
ANZ Operations & Technology Associate Salary - ₹3.3 Lakhs to ₹16.0 Lakhs per year
Ameriprise Financial Associate Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year
Edelweiss Associate Salary - ₹2.1 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Associate at Kotak Securities ranges between ₹19,664 per month to ₹21,333 per month in India. The take-home salary calculation is based on the average Kotak Securities Associate salary in India which ranges between ₹1.4 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Associate at Kotak Securities?

According to AmbitionBox, 57% of the Kotak Securities Associates reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Securities Associate Salaries

Kotak Securities Associate salary in India ranges between ₹1.4 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Kotak Securities latest salaries received from various employees of Kotak Securities.