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Kotak Mahindra Bank Phone Banking Executive salaries in India

Annual salary range
2 - 5 years exp.
₹3.2 Lakhs - ₹3.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Phone Banking Executive Salary at Kotak Mahindra Bank ranges between ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 4 latest salaries... Read more

31% more than the average Phone Banking Executive Salary in Banking Companies for 2 - 5 years of experience

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Last Updated: 15 Sep 2023

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Kotak Mahindra Bank Phone Banking Executive salaries by

Years of experience Avg. annual salary
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr

Similar Designation Salaries at Kotak Mahindra Bank

Similar Designation Avg. annual salary
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₹1.2 L/yr - ₹4.5 L/yr

Sales Executive Salary
(1.1k salaries)
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₹1.2 L/yr - ₹4.5 L/yr

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₹1.4 L/yr - ₹5 L/yr

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₹1.5 L/yr - ₹5 L/yr

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₹1.2 L/yr - ₹3.8 L/yr

Store Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

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₹7 L/yr - ₹26.4 L/yr

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₹1.4 L/yr - ₹5.5 L/yr

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₹1.2 L/yr - ₹3.4 L/yr

Sales Manager Salary
(811 salaries)
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₹2.2 L/yr - ₹11 L/yr

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Top trending discussions

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Salary Discussions, Hike & Promotions
1w
an executive
The day I found out my colleague earns 30% more for the same role
It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
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Salary related reviews for Kotak Mahindra Bank

3.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 15 Apr 2025

2.0
 for  Salary and Benefits

Likes

Work friendly with team members.

  • Skill development - Good

Dislikes

...cpc branches, sitting capacity in branches very low . Number DST ALSO VERY LOW . DST salary also very low no increments for front line sales . and no promotions. Fully manual work with compared other banks and NBFC's. Even no festival holidays in month ends. Month end Sunday are working days.

read more
  • Salary - Poor

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 06 Nov 2024

1.0
 for  Salary and Benefits

Likes

There is no work pressure its harmful for your future

  • Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  updated on 11 Jun 2024

2.0
 for  Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

read more
  • Job security - Good
  • +2 more

Dislikes

Salary, promortion - these are the worst over here.

  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 18 May 2024

3.0
 for  Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

read more
  • Skill development - Good
  • +1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 10 Mar 2024

2.0
 for  Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

  • Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

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

Kotak Mahindra Bank Phone Banking Executive Salary FAQs

What is the salary of Phone Banking Executive at Kotak Mahindra Bank ?
The average salary of a Phone Banking Executive at Kotak Mahindra Bank in India typically ranges from ₹3.2 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Phone Banking Executive at Kotak Mahindra Bank earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Phone Banking Executive Salaries at Kotak Mahindra Bank 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 4 Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Phone Banking Executive at Kotak Mahindra Bank in India?
The estimated take-home salary of a Phone Banking Executive at Kotak Mahindra Bank in India typically ranges from ₹26,077 to ₹27,500 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 2 years to 5 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 4 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Kotak Mahindra Bank for Phone Banking Executive in India?
Yes Bank ₹2.5 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
What is the salary of a Phone Banking Executive in companies similar to Kotak Mahindra Bank in India?
The salary of a Phone Banking Executive at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ujjivan Small Finance Bank ₹2.5 Lakhs to ₹3.5 Lakhs per year
ICICI Bank ₹1.5 Lakhs to ₹4.0 Lakhs per year
Standard Chartered ₹2.0 Lakhs to ₹3.5 Lakhs per year
HDFC Bank ₹1.6 Lakhs to ₹3.5 Lakhs per year
Axis Bank ₹1.9 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 Phone Banking Executive at Kotak Mahindra Bank in India?
The salary growth for a Phone Banking Executive at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Phone Banking Executive can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
2 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
4 years ₹3.2 Lakhs to ₹4.0 Lakhs per year
5 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
and so on.

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Kotak Mahindra Bank Phone Banking Executive salary in India ranges between ₹3.2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.