Kotak Securities Mumbai Associate Salaries by 9 Employees

0 - 3 years exp.

₹1.4 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

66% 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
TIAA Global Business Services Associate Salary 5 - 11 years exp. (147 salaries)	₹9.9 L/yr - ₹36 L/yr 696% more	1 job opening
Apex Group Associate Salary 0 - 8 years exp. (59 salaries)	₹3.5 L/yr - ₹9.6 L/yr 136% more	1 job opening
Login to view exact salary
CSC Associate Salary 1 - 5 years exp. (37 salaries)	₹3 L/yr - ₹8.3 L/yr 114% more
Ocwen Financial Solutions Associate Salary 1 - 6 years exp. (37 salaries)	₹1.9 L/yr - ₹5 L/yr 48% more
Morningstar Associate Salary 0 - 3 years exp. (17 salaries)	₹3.6 L/yr - ₹9.3 L/yr 86% more	2 job openings
MUFG Bank Associate Salary 0 - 6 years exp. (10 salaries)	₹2 L/yr - ₹4.4 L/yr 31% more
Kroll Associate Salary 1 - 5 years exp. (9 salaries)	₹6.5 L/yr - ₹12 L/yr 284% more
SBI Mutual Fund Associate Salary 1 - 5 years exp. (6 salaries)	₹8.1 L/yr - ₹15 L/yr 218% more
Sharekhan Associate Salary 0 - 10 years exp. (5 salaries)	₹7 L/yr - ₹20 L/yr 431% 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)	₹2.4 L/yr - ₹3.1 L/yr
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2 years (3 salaries)	₹1.1 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

From

Associate

₹

Lakhs/yr

0 - 3 years exp.

Branch Manager

₹

Lakhs/yr

8 - 19 years exp.

Associate

0 - 3 years exp.

Assistant Manager

0 - 7 years exp.

22% hike

Deputy Manager

0 - 11 years exp.

36% hike

From

View 5 more levels

Associate

0 - 3 years exp.

Deputy Vice President

10 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Securities

Team Lead Salary

(10 salaries)

₹6.2 L/yr - ₹18 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

Assistant Manager in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 19 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Worst organisation neither they help you in skill development nor they will provide you salary increment. No matter how hard you work they will simply promote And also increase salary of only their favourite employee Full biased work culture. They will fully torture you and will set unrealistic targets and will force you to sit for 12hours a day plus no leave you can get even if you are unhealthy and showing all your reports from hospital they have no humanity and simpathy.TL have all the right according to manamgemt even if they are wrong..HR and all will support them only.. Manager..HR..VP no one will help you despite they will threat you and laugh at you when you will try to get help from them.. Plus promotion is bais so all those who are on top Position except assistant manager they have no knowledge about system plus no management skills they hold they will simply let you suffer due to their dumb decisions.This is the most pathetic job.Trust me i would not recommend anyone join Kotak securities. Before joining think thousand times it could be your Worst choice. I have wasted my time their with no increment and promotion even after being the most deserving employee.

Salary - Bad

+6 more

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

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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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Kotak Securities Associate Salary FAQs

What is the salary of Associate at Kotak Securities in Mumbai?

The average salary of a Associate at Kotak Securities in Mumbai typically ranges from ₹1.4 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Associate in Mumbai at Kotak Securities earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Associate Salaries at Kotak Securities 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 9 Kotak Securities employees in India.

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 in Mumbai typically ranges from ₹19,180 to ₹20,855 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher 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 9 salaries received from various employees of Kotak Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Securities for Associate in India?

TIAA Global Business Services	₹9.9 Lakhs to ₹36.0 Lakhs per year
Sharekhan	₹7.0 Lakhs to ₹20.0 Lakhs per year
Kroll	₹6.5 Lakhs to ₹12.0 Lakhs per year
SBI Mutual Fund	₹8.1 Lakhs to ₹15.0 Lakhs per year
Apex Group	₹3.5 Lakhs to ₹9.6 Lakhs per year

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

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

The salary of a Associate at companies similar to Kotak Securities in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CSC	₹3.0 Lakhs to ₹8.3 Lakhs per year
Morningstar	₹3.6 Lakhs to ₹9.3 Lakhs per year
Ocwen Financial Solutions	₹1.9 Lakhs to ₹5.0 Lakhs per year
MUFG Bank	₹2.0 Lakhs to ₹4.4 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 Associate at Kotak Securities in Mumbai?

The salary growth for a Associate at Kotak Securities in Mumbai depends on factors such as experience, performance, and promotions. On average, a Associate in Mumbai can expect the following growth trajectory at Kotak Securities:

Experience	Average Salary Range
Fresher	₹1.9 Lakhs to ₹3.5 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹1.1 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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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.