Kotak Securities Mumbai Associate Salaries by 9 Employees (Updated 2025)

0 - 3 years exp.

₹1.4 Lakh - ₹3.5 Lakhs

Salary of majority employees

65% 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
Login to view exact salary
BFSI, Investments & Trading Associate Salary Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.8 L/yr

Last Updated: 22 May 2024

Companies similar to Kotak Securities for Associate in Mumbai

Kotak Securities Associate Salary

0 - 3 years exp. (9 salaries)

₹1.4 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Associate Salary 1 - 15 years exp. (24 salaries)	₹5 L/yr - ₹20 L/yr 315% more
Angel One Associate Salary 0 - 4 years exp. (9 salaries)	₹2 L/yr - ₹3.5 L/yr 10% more	1 job opening
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Motilal Oswal Financial Services Associate Salary 0 - 4 years exp. (8 salaries)	₹2.5 L/yr - ₹3.7 L/yr 30% more
Edelweiss Associate Salary 0 - 7 years exp. (261 salaries)	₹3 L/yr - ₹12 L/yr 163% more
IIFL Securities Associate Salary 0 - 5 years exp. (13 salaries)	₹7 L/yr - ₹25 L/yr 446% more
TIAA Global Business Services Associate Salary 5 - 11 years exp. (147 salaries)	₹9.4 L/yr - ₹30 L/yr 742% more	3 job openings
Apex Group Associate Salary 1 - 8 years exp. (56 salaries)	₹3.5 L/yr - ₹9.6 L/yr 159% more	4 job openings
Ocwen Financial Solutions Associate Salary 1 - 7 years exp. (54 salaries)	₹1.9 L/yr - ₹5.5 L/yr 51% more
CSC Global Associate Salary 1 - 5 years exp. (40 salaries)	₹3.1 L/yr - ₹8.3 L/yr 114% more
Morningstar Associate Salary 0 - 1 year exp. (14 salaries)	₹3.6 L/yr - ₹6 L/yr 72% more	2 job openings
MUFG Bank Associate Salary 0 - 6 years exp. (11 salaries)	₹2 L/yr - ₹5 L/yr 29% more
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SBI Mutual Fund Associate Salary 2 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 11% more

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 9 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Associate salaries in Mumbai

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 - ₹4.8 L/yr
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2 years (3 salaries)	₹1.1 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.

22% hike

Deputy Manager 0 - 11 years exp.

35% hike

From

2 more levels

Associate

0 - 3 years exp.

Branch Manager

7 - 19 years exp.

Similar Designation salaries in Kotak Securities

Team Lead Salary

(9 salaries)

₹4.66 L/yr - ₹13.2 L/yr

Software Engineer Salary

(8 salaries)

₹3.6 L/yr - ₹12 L/yr

Salary related reviews for Kotak Securities

3.9

Rated by 3 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.

Skill development - Good

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.

Salary - Poor

Deputy Manager Grade 2 in Kochi

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jan 2025

1.0

for Salary and Benefits

Likes

Likes nothing

Dislikes

Irresponsible HR Target for dealer is almost 16 times than monthly salary...highest in the industry Higher management sucks No entertainments like team outing, celebrations nothing Very low salary

Salary - Bad

+6 more

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.

Salary - Bad

+6 more

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

Salary - Poor

+6 more

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

Salary - Good

+2 more

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

Company culture - Bad

+1 more

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fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Kotak Securities Associate Salary FAQs

What is the salary of Associate at Kotak Securities Mumbai?

Associate salary at Kotak Securities in Mumbai 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 65% less than the average Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Securities Mumbai.

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

The average salary of a Associate at Kotak Securities is 65% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Securities to a Associate in Mumbai?

TIAA Global Business Services Associate Salary - ₹9.4 Lakhs to ₹30.0 Lakhs per year
IIFL Securities Associate Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
ICICI Securities Associate Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
Edelweiss Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
Apex Group Associate Salary - ₹3.5 Lakhs to ₹9.6 Lakhs per year

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

CSC Global Associate Salary - ₹3.1 Lakhs to ₹8.3 Lakhs per year
Morningstar Associate Salary - ₹3.6 Lakhs to ₹6.0 Lakhs per year
Ocwen Financial Solutions Associate Salary - ₹1.9 Lakhs to ₹5.5 Lakhs per year
Motilal Oswal Financial Services Associate Salary - ₹2.5 Lakhs to ₹3.7 Lakhs per year
MUFG Bank Associate Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Associate at Kotak Securities ranges between ₹19,180 per month to ₹20,855 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 40% of the Kotak Securities Associates in Mumbai reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Kotak Securities Associate Salaries in Mumbai

Kotak Securities Associate salary in Mumbai ranges between ₹1.4 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Securities latest salaries received from various employees of Kotak Securities.