Kotak Mahindra Bank

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3.8

based on 13.2k Reviews

HQ - Mumbai, Maharashtra, India Banking 50k-1 Lakh Employees (India) Financial Services Public
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#23 Best Mega Company - 2022

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Kotak Mahindra Bank Salaries in India

based on 75.1k latest salaries

3.4

Rated by 13.2k Employees for salary and benefits

Top Departments at Kotak Mahindra Bank
Designation Average Salary
Yearly arrow-down

Deputy Manager

Experience: 0 - 11 yrs (11.1k Salaries)
₹ 4,85,046/year

(₹1.7L/yr - ₹8.5L/yr)

Relationship Manager

Experience: 0 - 11 yrs (2.3k Salaries)
₹ 5,66,674/year

(₹1.5L/yr - ₹10.0L/yr)

Brach Operation Manager

Experience: 3 - 16 yrs (1.2k Salaries)
₹ 7,47,124/year

(₹3.2L/yr - ₹10.6L/yr)

Chief Manager

Experience: 4 - 18 yrs (1.1k Salaries)
₹ 18,16,716/year

(₹8.1L/yr - ₹32.4L/yr)

Assistant Acquisition Manager

Experience: 0 - 5 yrs (1k Salaries)
₹ 2,81,522/year

(₹1.1L/yr - ₹4.0L/yr)

Associate Vice President

Experience: 5 - 21 yrs (1k Salaries)
₹ 21,54,086/year

(₹10.0L/yr - ₹36.0L/yr)

Relationship Officer

Experience: 0 - 7 yrs (959 Salaries)
₹ 4,26,637/year

(₹2.0L/yr - ₹7.0L/yr)

Credit Manager

Experience: 0 - 10 yrs (912 Salaries)
₹ 8,11,784/year

(₹3.4L/yr - ₹12.1L/yr)

Service Officer

Experience: 0 - 7 yrs (810 Salaries)
₹ 3,20,878/year

(₹1.5L/yr - ₹4.2L/yr)

Branch Manager

Experience: 6 - 20 yrs (793 Salaries)
₹ 14,39,596/year

(₹6.0L/yr - ₹22.5L/yr)

Last Updated: 30 Nov, 2023

Kotak Mahindra Bank Salary FAQs

How much does Kotak Mahindra Bank pay per year?
The average Kotak Mahindra Bank salary ranges from approximately ₹0.9 Lakhs per year for a Mail Room Executive to ₹83.1 Lakhs per year for a Executive Vice President. Salary estimates are based on 75.1k 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 ₹83.1 Lakhs per year. The top 10% of employees earn more than ₹12.20 lakhs per year. The top 1% earn more than a whopping ₹32.84 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 ₹2.6 Lakhs per year, for Assistant Acquisition Manager the minimum salary is ₹2.8 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 ₹1.5 Lakhs per year for Telecaller to ₹12.9 Lakhs per year for Product Manager. View Fresher Salaries at Kotak Mahindra Bank
What is the notice period at Kotak Mahindra Bank?
According to AmbitionBox, 52% of the Kotak Mahindra Bank employees reported a notice period of 3 Months, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 57.4k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at Kotak Mahindra Bank

Assistant Manager in Mumbai

Full Time

 · 

Banking Operations Department

5.0
posted on 25 Nov 2023

2.0 for Salary and Benefits

Likes

The Bank is having an excellent environment work life is very very smooth in mostly all departments . Work culture is very good people are very supportive one of the best canteen you will get love the place and vibes.

Dislikes

The Bank salary structure is not that good. Internal politics which no one can blame as in every private banks you will get.

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Deputy Manager in Thane, Maharashtra

Full Time

 · 

Voice / Blended Department

3.0
posted on 18 Nov 2023

2.0 for Salary and Benefits

Likes

Work profile and process is good.

Dislikes

Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

Work Details

Work timings: Strict Timings

Junior Associate in Mumbai

Contractual

 · 

Other Department

1.0
posted on 13 Nov 2023

1.0 for Salary and Benefits

Likes

...Otherwise all good salary comes on time But incentive gets delayed for months

Dislikes

Everything is just worst at DO level you don't get any celebration or nothing you just have to work work work all the days

Work Details

Work days: Monday to Saturday

Junior Associate in Surat

Full Time

 · 

Banking Operations Department

1.0
posted on 03 Nov 2023

1.0 for Salary and Benefits

Likes

I like about salary credit on every month last date.

Dislikes

I work in Kotak Mahindra Bank Credit Card Sales Department. Higher officials give unnecessary pressure to Telecaller for sales. They follow up every two hour in a day for sales. Because of this many of Telecaller is suffering from migrane, headache, etc.

Work Details

Work timings: Strict Timings

Assistant Manager in Mumbai

Full Time

 · 

General Insurance Department

4.0
posted on 12 Oct 2023

3.0 for Salary and Benefits

Likes

Company is having excellent relationship with their customers and employees. Company is providing salary on time. there is a lot of things which l learnt from there. I'm thankful that I joined the kotak Mahindra Bank

Dislikes

There is some maneger who is having a very bad attitudes. They provide you a lot of pressure regarding to Target. They humiliat you in front of a lot of person. Due to a few manager in this organisation, the environment is not good specially this manager zone. they don't leave us on time.

Work Details

Work days: Alternate Saturday off (Strict Timings)

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Tell us how to improve this page.

Average annual salary in Kotak Mahindra Bank is INR 6.6 lakhs . Salary estimates are based on 75.1k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.