Kotak Securities Mumbai Management Trainee Salaries by 20+ Employees

0 - 2 years exp.

₹4.3 Lakhs - ₹13 Lakhs

Avg. annual salary

Monthly In-hand Salary

14% less than the average Management Trainee Salary in Financial Services Companies for 0 - 2 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Management Trainee Salary 0 - 2 years exp. (6 salaries)	₹4.3 L/yr - ₹12 L/yr
Legal & Regulatory Management Trainee Salary 0 - 2 years exp. (3 salaries)	₹6 L/yr - ₹7.9 L/yr
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Engineering - Software & QA Management Trainee Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹12 L/yr
Finance & Accounting Management Trainee Salary Fresher (AmbitionBox Estimate)	₹7 L/yr - ₹7.8 L/yr

Last Updated: 11 Dec 2024

Companies similar to Kotak Securities for Management Trainee in Mumbai

Kotak Securities Management Trainee Salary

0 - 2 years exp. (21 salaries)

₹4.3 L/yr - ₹13 L/yr

Company name	Avg Annual Salary	Open Jobs
CSC Management Trainee Salary 0 - 3 years exp. (14 salaries)	₹2 L/yr - ₹9.7 L/yr 24% less
ICICI Bank Management Trainee Salary 0 - 3 years exp. (322 salaries)	₹8 L/yr - ₹20 L/yr 103% more
Login to view exact salary
HDFC Bank Management Trainee Salary 0 - 5 years exp. (106 salaries)	₹4 L/yr - ₹13 L/yr 8% more
Unity Small Finance Bank Management Trainee Salary 1 - 6 years exp. (85 salaries)	₹1.2 L/yr - ₹3 L/yr 73% less
HDFC Life Management Trainee Salary 0 - 3 years exp. (78 salaries)	₹5 L/yr - ₹15 L/yr 31% more

Management Trainee salary at Kotak Securities ranges between ₹4.3 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 21 latest salaries received from various employees of Kotak Securities.

Latest annual salaries shared by Kotak Securities Management Trainee in Mumbai

3mo ago

₹7 Lakhs

8 months exp.

8mo ago

₹6 Lakhs

2 years exp.

8mo ago

₹6 Lakhs

5 months exp.

11mo ago

₹6 Lakhs

8 months exp.

1y ago

₹6 Lakhs

5 months exp.

1y ago

5 months exp.

1y ago

4 months exp.

1y ago

2 years exp.

1y ago

1 year exp.

1y ago

1 year exp.

Experience wise Kotak Securities Management Trainee salaries in Mumbai

Last Updated: 11 Dec 2024

Experience	Avg Annual Salary
Fresher (13 salaries)	₹5 L/yr - ₹12 L/yr
1 year (5 salaries)	₹4.3 L/yr - ₹13 L/yr
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2 years (3 salaries)	₹6 L/yr - ₹8 L/yr

Similar Designation salaries in Kotak Securities

Deputy Manager Salary

(514 salaries)

₹1.95 L/yr - ₹7.45 L/yr

Team Lead Salary

(10 salaries)

₹6.2 L/yr - ₹18 L/yr

Accountant Salary

(6 salaries)

₹2.05 L/yr - ₹3.62 L/yr

Process Associate Salary

(3 salaries)

₹2 L/yr - ₹4.1 L/yr

Analyst Salary

(3 salaries)

₹2.8 L/yr - ₹6.5 L/yr

Salary related reviews for Kotak Securities

2.6

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

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

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

nothing

Dislikes

...ee & care & safety, not client problem solving supporting by senior management, not rise salary continues 3 years. high target pressure. manager not working and not listen and only politics. manager always partiality his favorite person (spy)

Salary - Bad

+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 Management Trainee Salary FAQs

What is the salary of Management Trainee at Kotak Securities in Mumbai?

The average salary of a Management Trainee at Kotak Securities in Mumbai typically ranges from ₹4.3 Lakhs to ₹13.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Management Trainee in Mumbai at Kotak Securities earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Management Trainee 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 Management Trainee at Kotak Securities in Mumbai?

The estimated take-home salary of a Management Trainee at Kotak Securities in Mumbai typically ranges from ₹58,796 to ₹60,279 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 Management Trainee in India?

ICICI Bank	₹8.0 Lakhs to ₹20.0 Lakhs per year
HDFC Life	₹5.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank	₹4.0 Lakhs to ₹13.0 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 Management Trainee in companies similar to Kotak Securities in Mumbai?

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

CSC	₹2.0 Lakhs to ₹9.7 Lakhs per year
Unity Small Finance Bank	₹1.2 Lakhs to ₹3.0 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 Management Trainee at Kotak Securities in Mumbai?

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

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹12.0 Lakhs per year
1 year	₹4.3 Lakhs to ₹13.0 Lakhs per year
2 years	₹6.0 Lakhs to ₹8.0 Lakhs per year

and so on.

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Kotak Securities Management Trainee Salaries in Mumbai

Kotak Securities Management Trainee salary in Mumbai ranges between ₹4.3 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Kotak Securities latest salaries received from various employees of Kotak Securities.