Kotak Securities Mumbai Business Analyst Salaries by 20+ Employees (Updated 2025)

1 - 8 years exp.

₹4.1 Lakhs - ₹16.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

8% less than the average Business Analyst Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 1 - 8 years exp. (9 salaries)	₹4 L/yr - ₹11 L/yr
Product Management Business Analyst Salary 1 - 3 years exp. (6 salaries)	₹9.1 L/yr - ₹14.6 L/yr
Login to view exact salary
BFSI, Investments & Trading Business Analyst Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹10.5 L/yr
Project & Program Management Business Analyst Salary 7 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹10 L/yr

Last Updated: 5 Apr 2025

Companies similar to Kotak Securities for Business Analyst in Mumbai

Kotak Securities Business Analyst Salary

1 - 8 years exp. (24 salaries)

₹4.1 L/yr - ₹16.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Sharekhan Business Analyst Salary 2 - 11 years exp. (18 salaries)	₹4 L/yr - ₹9.2 L/yr 29% less
Morningstar Business Analyst Salary 1 - 9 years exp. (17 salaries)	₹5 L/yr - ₹16 L/yr 6% more
Login to view exact salary
TIAA Global Business Services Business Analyst Salary 5 - 8 years exp. (7 salaries)	₹8 L/yr - ₹15 L/yr 36% more
Axis Direct Business Analyst Salary 5 - 13 years exp. (5 salaries)	₹6.5 L/yr - ₹13 L/yr 14% less
Reliance Capital Business Analyst Salary 6 - 8 years exp. (4 salaries)	₹5 L/yr - ₹8.5 L/yr 29% less
Wtw Global Delivery And Solutions Business Analyst Salary 13 - 16 years exp. (4 salaries)	₹15.9 L/yr - ₹20.4 L/yr 82% more
CSC Business Analyst Salary 5 - 10 years exp. (3 salaries)	₹6 L/yr - ₹13.8 L/yr 16% less	1 job opening

Business Analyst salary at Kotak Securities ranges between ₹4.1 Lakhs to ₹16.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 24 latest salaries received from various employees of Kotak Securities.

Latest annual salaries shared by Kotak Securities Business Analyst in Mumbai

3d ago

₹6 Lakhs

3 years exp.

5d ago

₹11 Lakhs

8 years exp.

2w ago

₹20 Lakhs

5 years exp.

3w ago

₹9.1 Lakhs

2 years exp.

3mo ago

₹14.6 Lakhs

3 years exp.

5mo ago

2 years exp.

6mo ago

2 years exp.

7mo ago

1 year exp.

8mo ago

7 years exp.

11mo ago

3 years exp.

Experience wise Kotak Securities Business Analyst salaries in Mumbai

Last Updated: 5 Apr 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹7.4 L/yr - ₹10.5 L/yr
2 years (4 salaries)	₹9 L/yr - ₹14.6 L/yr
Login to view exact salary
3 years (4 salaries)	₹3.8 L/yr - ₹14.6 L/yr
4 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
5 years (3 salaries)	₹7.4 L/yr - ₹17.6 L/yr
6 years (4 salaries)	₹7.4 L/yr - ₹11.5 L/yr
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
8 years (3 salaries)	₹4.2 L/yr - ₹11 L/yr

View all

Similar Designation salaries in Kotak Securities

Product Manager Salary

(25 salaries)

₹11.52 L/yr - ₹21 L/yr

Team Lead Salary

(10 salaries)

₹6.2 L/yr - ₹18 L/yr

Project Manager Salary

(7 salaries)

₹8 L/yr - ₹20 L/yr

Data Scientist Salary

(3 salaries)

₹13 L/yr - ₹14 L/yr

Analyst Salary

(3 salaries)

₹2.8 L/yr - ₹6.5 L/yr

Data Analyst Salary

(3 salaries)

₹3 L/yr - ₹9 L/yr

Salary related reviews for Kotak Securities

3.4

Rated by 3 employees for salary & benefits

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

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

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

Salary - Bad

+5 more

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

During COVID pandemic company don't stop salary.

Dislikes

...y disappointed. HR BEHAVIOUR IS VERY BAD. HR is manipulated by Management. Not even salary hike 😕

Salary - Bad

+6 more

Deputy Manager in Mumbai

Intern

Risk Management & Compliance Department

3.0

• posted on 08 Dec 2024

2.0

for Salary and Benefits

Likes

job timings are good

Dislikes

as per the name not getting gud salary hike, you are not able to get leave when you required and not even getting leave encashment it is got lapse if you are not utilising for that year. for silly reason they are not promoted you and not even gettting hike and bonus for one year so much disappointment for this.

Salary - Poor

+5 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 Business Analyst Salary FAQs

What is the salary of Business Analyst at Kotak Securities in Mumbai?

The average salary of a Business Analyst at Kotak Securities in Mumbai typically ranges from ₹4.1 Lakhs to ₹16.2 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Business Analyst in Mumbai at Kotak Securities earn more than ₹14.6 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Business Analyst 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 20+ Kotak Securities employees in India.

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

The estimated take-home salary of a Business Analyst at Kotak Securities in Mumbai typically ranges from ₹70,312 to ₹72,121 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹16.2 Lakhs per year for employees with experience ranging from 1 year to 8 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 20+ 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 Business Analyst in India?

Wtw Global Delivery And Solutions	₹15.9 Lakhs to ₹20.4 Lakhs per year
TIAA Global Business Services	₹8.0 Lakhs to ₹15.0 Lakhs per year
Morningstar	₹5.0 Lakhs to ₹16.0 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 Business Analyst in companies similar to Kotak Securities in Mumbai?

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

Axis Direct	₹6.5 Lakhs to ₹13.0 Lakhs per year
CSC	₹6.0 Lakhs to ₹13.8 Lakhs per year
Sharekhan	₹4.0 Lakhs to ₹9.2 Lakhs per year
Reliance Capital	₹5.0 Lakhs to ₹8.5 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 Business Analyst at Kotak Securities in Mumbai?

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

Experience	Average Salary Range
1 year	₹7.4 Lakhs to ₹10.5 Lakhs per year
2 years	₹9.0 Lakhs to ₹14.6 Lakhs per year
3 years	₹3.8 Lakhs to ₹14.6 Lakhs per year
4 years	₹8.7 Lakhs to ₹11.1 Lakhs per year

and so on.

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Kotak Securities Business Analyst Salaries in Mumbai

Kotak Securities Business Analyst salary in Mumbai ranges between ₹4.1 Lakhs to ₹16.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Kotak Securities latest salaries received from various employees of Kotak Securities.