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Kotak Mahindra Bank

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3.8

based on 16k Reviews

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Kotak Mahindra Bank Salaries in India

based on 81.5k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development Finance & Accounting + 6 more
Designation Avg Annual Salary Open Jobs

Deputy Manager

0 - 12 years exp. (11.3k salaries)
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₹1.7 L/yr - ₹8 L/yr

Relationship Manager

0 - 12 years exp. (2.3k salaries)
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₹1.6 L/yr - ₹10 L/yr

2 job openings

Associate Vice President

3 - 20 years exp. (1.4k salaries)
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₹10 L/yr - ₹36 L/yr

Brach Operation Manager

4 - 15 years exp. (1.2k salaries)
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₹3.2 L/yr - ₹11.5 L/yr

Starting your career? Discover Kotak Mahindra Bank fresher salaries in India

Credit Manager

0 - 11 years exp. (1k salaries)
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₹4 L/yr - ₹14.5 L/yr

Branch Manager

7 - 21 years exp. (1k salaries)
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₹6.8 L/yr - ₹25.6 L/yr

Chief Manager

7 - 19 years exp. (971 salaries)
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₹7.5 L/yr - ₹31.2 L/yr

Junior Associate

0 - 6 years exp. (898 salaries)
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₹1 L/yr - ₹4.1 L/yr

Sales Executive

0 - 8 years exp. (895 salaries)
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₹1.2 L/yr - ₹4.5 L/yr

Service Officer

0 - 7 years exp. (859 salaries)
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₹1.9 L/yr - ₹4.6 L/yr

Relationship Officer

0 - 6 years exp. (803 salaries)
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₹1.9 L/yr - ₹6.1 L/yr

Deputy Manager Grade 2

0 - 10 years exp. (798 salaries)
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₹2.6 L/yr - ₹7 L/yr

Assistant Acquisition Manager

0 - 5 years exp. (779 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

Sales Manager

0 - 12 years exp. (767 salaries)
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₹1.2 L/yr - ₹11 L/yr

Branch Relationship Manager

0 - 10 years exp. (747 salaries)
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₹3 L/yr - ₹9.5 L/yr

Product Manager

0 - 12 years exp. (568 salaries)
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₹6.5 L/yr - ₹25 L/yr

Deputy Vice President

8 - 22 years exp. (479 salaries)
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₹15 L/yr - ₹47.6 L/yr

Branch Sales Manager

3 - 13 years exp. (466 salaries)
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₹3.3 L/yr - ₹11.3 L/yr

Credit Processing Associate

0 - 4 years exp. (413 salaries)
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₹1.5 L/yr - ₹4 L/yr

Team Lead

1 - 9 years exp. (412 salaries)
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₹1.5 L/yr - ₹7 L/yr

Last Updated: 21 Jan, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
a senior quality lead
Offer letter - Accepted
Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 16k employees for salary & benefits

Principal Software Engineer in Bangalore / Bengaluru

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 27 Dec 2024
2.0
 for  Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

read more
  • Salary - Poor
    +4 more

Deputy Vice President in Indore

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Dec 2024
4.0
 for  Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

read more
  • Salary - Good
    +1 more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

read more
  • Job security - Bad
    +2 more

Branch Relationship Manager in Kolkata

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024
4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more
  • Salary - Good
    +1 more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

read more
  • Skill development - Bad
    +3 more

Deputy Branch Manager in Ahmedabad

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 24 Nov 2024
2.0
 for  Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

read more
  • Salary - Poor
    +4 more

Deputy Manager Operations in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Nov 2024
2.0
 for  Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

read more
  • Salary - Poor
    +4 more
see more salary related reviews

Kotak Mahindra Bank interview questions by designations

Assistant Manager (146)Deputy Manager (101)Relationship Manager (59)Manager (23)
View all 967 interview experiences
More about working at Kotak Mahindra Bank
golden leaf award

#23 Best Mega Company - 2022

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Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Mail Room Executive and ₹50 Lakhs to ₹1.3 Crore per year for a Executive Vice President. Salary estimates are based on 81.5k Kotak Mahindra Bank salaries received from various employees of Kotak Mahindra Bank. Kotak Mahindra Bank employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in Kotak Mahindra Bank?
The highest-paying job at Kotak Mahindra Bank is a Executive Vice President with a salary of ₹50 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹14.01 lakhs per year. The top 1% earn more than a whopping ₹37.25 lakhs per year.
What is the minimum salary in Kotak Mahindra Bank?
Minimum salary at Kotak Mahindra Bank depends on the role you are applying for. For Associate the minimum salary is ₹1.1 Lakh to ₹4.2 Lakhs per year, and for Assistant Manager the minimum salary is ₹1 Lakh to ₹5 Lakhs per year and so on.
What is the salary package for freshers in Kotak Mahindra Bank?
The average salary at Kotak Mahindra Bank for freshers varies from ₹1.4 Lakh to ₹2.4 Lakhs per year for Sampler and ₹12 Lakhs to ₹17 Lakhs per year for Data Scientist.
What is the notice period at Kotak Mahindra Bank?
According to AmbitionBox, 53% of the Kotak Mahindra Bank employees reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 64.7k responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Salaries by Location

Kotak Mahindra Bank Salaries by Department

Average annual salary in Kotak Mahindra Bank is INRunlock blur . Salary estimates are based on 81.5k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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