Kotak Mahindra Bank Salary in India (2026)
Based on 7,566 salaries shared on Weekday · Updated Nov 2026
- Median salary
- ₹5.8 LPA
- ≈ ₹42,000 in hand / month
- Typical range (P25–P75)
- ₹3.7–11 L
- Middle 50% of salaries
- Freshers (0–1 yr)
- ₹4 LPA
- 345 salaries
- 10+ years
- ₹10.5 LPA
- 1,131 salaries
Fixed pay (CTC excluding bonus and stock). Figures use the newest 5,000 salaries, with the top and bottom 5% removed so typos don't skew them.
Kotak Mahindra Bank salary at a glance
Kotak Mahindra Bank pays a median of ₹5.8 LPA fixed across 7,566 salaries shared on Weekday, with most people between ₹3.7 and ₹11 LPA. Freshers start around ₹4 LPA, and pay roughly doubles by 10+ years. Deputy Vice President and Associate Vice President are the best-paid titles with enough data.
Kotak Mahindra Bank salary for freshers
0–1 year of experience · 345 salaries
₹4 LPA
Median · range ₹3.1–5.5 LPA- Most common fresher titles: Assistant Manager, Deputy Manager, Relationship Manager
- In hand: about ₹29,000 a month at ₹4 LPA (calculate yours)
Kotak Mahindra Bank salary by experience
Median (black line) and middle 50% (yellow band), ₹ LPA
- 0–1 yrs345 salaries₹4 L₹3.1–5.5 L
- 2–3 yrs728 salaries₹4.5 L₹3.3–7 L
- 4–6 yrs1,121 salaries₹5 L₹3.6–9 L
- 7–9 yrs783 salaries₹6.5 L₹4.4–10.8 L
- 10+ yrs1,131 salaries₹10.5 L₹6.4–19 L
Kotak Mahindra Bank salary by role
Job titles as people hold them, highest median first.
| Role | Median | Typical range | Salaries |
|---|---|---|---|
| Kotak Mahindra Bank Deputy Vice President salary | ₹26 L | ₹21–30 L | 64 |
| Kotak Mahindra Bank Associate Vice President salary | ₹18 L | ₹14–22.6 L | 110 |
| Kotak Mahindra Bank Branch Manager salary | ₹15 L | ₹10.5–20.4 L | 71 |
| Kotak Mahindra Bank Senior Manager salary | ₹11 L | ₹8–15.8 L | 153 |
| Kotak Mahindra Bank Credit Manager salary | ₹8 L | ₹5.2–12 L | 69 |
| Kotak Mahindra Bank Manager salary | ₹7.5 L | ₹6–9 L | 226 |
| Kotak Mahindra Bank Elite Relationship Manager salary | ₹7.1 L | ₹5–8.9 L | 46 |
| Kotak Mahindra Bank Branch Operations Manager salary | ₹7 L | ₹5–8.6 L | 77 |
| Kotak Mahindra Bank Sales Manager salary | ₹6 L | ₹5–7.2 L | 49 |
| Kotak Mahindra Bank Relationship Manager salary | ₹5.3 L | ₹4–8 L | 138 |
| Kotak Mahindra Bank Deputy Manager salary | ₹4.6 L | ₹4–5.9 L | 571 |
| Kotak Mahindra Bank Bank Employee salary | ₹3.7 L | ₹3–5 L | 34 |
| Kotak Mahindra Bank Assistant Manager salary | ₹3.5 L | ₹3–4 L | 622 |
| Kotak Mahindra Bank Service Officer salary | ₹3.5 L | ₹3–4 L | 47 |
| Kotak Mahindra Bank Associate salary | ₹3.2 L | ₹2.7–4.4 L | 51 |
The 15 most reported titles with 5 or more salaries are shown. The other 1,207 titles still count in the totals above.
Kotak Mahindra Bank Deputy Vice President salary
Median ₹26 LPA · most earn ₹21–30 LPA · 64 salaries · Full Deputy Vice President breakdown ›
| Experience | Fixed salary |
|---|---|
| 9 yrs | ₹21 L |
| 10 yrs | ₹22 L |
| 15 yrs | ₹31 L |
| 16 yrs | ₹24 L |
| 8 yrs | ₹30 L |
| 3 yrs | ₹30 L |
| 17 yrs | ₹3.7 L |
| 13 yrs | ₹29 L |
| 16 yrs | ₹22 L |
| 25 yrs | ₹26 L |
Kotak Mahindra Bank Associate Vice President salary
Median ₹18 LPA · most earn ₹14–22.6 LPA · 110 salaries · Full Associate Vice President breakdown ›
| Experience | Fixed salary |
|---|---|
| 12 yrs | ₹15.6 L |
| 9 yrs | ₹4.2 L |
| 8 yrs | ₹19 L |
| 7 yrs | ₹22 L |
| 11 yrs | ₹22.6 L |
| 6 yrs | ₹26.9 L |
| 10 yrs | ₹2.4 L |
| 8 yrs | ₹27 L |
| 7 yrs | ₹15 L |
| 23 yrs | ₹21 L |
Kotak Mahindra Bank Branch Manager salary
Median ₹15 LPA · most earn ₹10.5–20.4 LPA · 71 salaries · Full Branch Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 7 yrs | ₹9.6 L |
| 26 yrs | ₹21 L |
| 31 yrs | ₹12 L |
| 7 yrs | ₹13.5 L |
| 15 yrs | ₹15.7 L |
| 13 yrs | ₹16.8 L |
| 18 yrs | ₹30 L |
| 15 yrs | ₹14 L |
| 18 yrs | ₹18 L |
| 15 yrs | ₹27 L |
Kotak Mahindra Bank Senior Manager salary
Median ₹11 LPA · most earn ₹8–15.8 LPA · 153 salaries · Full Senior Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 2 yrs | ₹20.5 L |
| 5 yrs | ₹18 L |
| 10 yrs | ₹11.3 L |
| 6 yrs | ₹17.2 L |
| 6 yrs | ₹9 L |
| 11 yrs | ₹15.2 L |
| 10 yrs | ₹13 L |
| 6 yrs | ₹16.9 L |
| 12 yrs | ₹23 L |
| 14 yrs | ₹17 L |
Kotak Mahindra Bank Credit Manager salary
Median ₹8 LPA · most earn ₹5.2–12 LPA · 69 salaries · Full Credit Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 11 yrs | ₹18.3 L |
| 4 yrs | ₹14.4 L |
| 4 yrs | ₹12 L |
| 5 yrs | ₹5.6 L |
| 3 yrs | ₹4.5 L |
| 8 yrs | ₹12 L |
| 5 yrs | ₹7.5 L |
| 8 yrs | ₹6 L |
| 4 yrs | ₹4.6 L |
| 2 yrs | ₹13 L |
Kotak Mahindra Bank Manager salary
Median ₹7.5 LPA · most earn ₹6–9 LPA · 226 salaries · Full Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 7 yrs | ₹6 L |
| 10 yrs | ₹7.5 L |
| 4 yrs | ₹5.5 L |
| 6 yrs | ₹11.1 L |
| 6 yrs | ₹7 L |
| 2 yrs | ₹11.8 L |
| 15 yrs | ₹12 L |
| 3 yrs | ₹17 L |
| 5 yrs | ₹7 L |
| 6 yrs | ₹7.5 L |
Kotak Mahindra Bank Elite Relationship Manager salary
Median ₹7.1 LPA · most earn ₹5–8.9 LPA · 46 salaries · Full Elite Relationship Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 5 yrs | ₹7.5 L |
| 3 yrs | ₹4.8 L |
| 5 yrs | ₹9 L |
| 0 yrs | ₹5 L |
| 4 yrs | ₹6.4 L |
| 4 yrs | ₹4.8 L |
| 2 yrs | ₹5.2 L |
| 6 yrs | ₹8.3 L |
| 5 yrs | ₹6 L |
| 5 yrs | ₹6.6 L |
Kotak Mahindra Bank Branch Operations Manager salary
Median ₹7 LPA · most earn ₹5–8.6 LPA · 77 salaries (incl. "Branch Operation Manager") · Full Branch Operations Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 14 yrs | ₹7 L |
| 8 yrs | ₹8 L |
| 11 yrs | ₹4.5 L |
| 12 yrs | ₹9.3 L |
| 8 yrs | ₹6 L |
| 8 yrs | ₹7.8 L |
| 16 yrs | ₹9.7 L |
| 11 yrs | ₹10 L |
| 3 yrs | ₹10.7 L |
| 10 yrs | ₹6.6 L |
Kotak Mahindra Bank Sales Manager salary
Median ₹6 LPA · most earn ₹5–7.2 LPA · 49 salaries (incl. "Sale Manager") · Full Sales Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 7 yrs | ₹14 L |
| 3 yrs | ₹8.4 L |
| 8 yrs | ₹6.5 L |
| 0 yrs | ₹8.4 L |
| 2 yrs | ₹5 L |
| 16 yrs | ₹12 L |
| 8 yrs | ₹6 L |
| 5 yrs | ₹5.8 L |
| 10 yrs | ₹6.6 L |
| 11 yrs | ₹8.1 L |
Kotak Mahindra Bank Relationship Manager salary
Median ₹5.3 LPA · most earn ₹4–8 LPA · 138 salaries · Full Relationship Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 9 yrs | ₹8.3 L |
| 3 yrs | ₹8 L |
| 5 yrs | ₹8.1 L |
| 4 yrs | ₹4.5 L |
| 4 yrs | ₹5 L |
| 6 yrs | ₹10.3 L |
| 8 yrs | ₹9 L |
| 4 yrs | ₹9 L |
| 6 yrs | ₹9 L |
| 1 yr | ₹9.5 L |
Kotak Mahindra Bank Deputy Manager salary
Median ₹4.6 LPA · most earn ₹4–5.9 LPA · 571 salaries · Full Deputy Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 8 yrs | ₹4.7 L |
| 4 yrs | ₹4 L |
| 3 yrs | ₹4.5 L |
| 6 yrs | ₹5.9 L |
| 3 yrs | ₹4.8 L |
| 7 yrs | ₹5.5 L |
| 1 yr | ₹4.6 L |
| 1 yr | ₹4.2 L |
| 3 yrs | ₹6 L |
| 10 yrs | ₹8.5 L |
Kotak Mahindra Bank Bank Employee salary
Median ₹3.7 LPA · most earn ₹3–5 LPA · 34 salaries · Full Bank Employee breakdown ›
| Experience | Fixed salary |
|---|---|
| 4 yrs | ₹2.5 L |
| Not shared | ₹25 L |
| 1 yr | ₹3.5 L |
| Not shared | ₹4.2 L |
| 7 yrs | ₹3.8 L |
| 5 yrs | ₹5 L |
| Not shared | ₹3 L |
| Not shared | ₹4.3 L |
| Not shared | ₹5 L |
| 7 yrs | ₹6 L |
Kotak Mahindra Bank Assistant Manager salary
Median ₹3.5 LPA · most earn ₹3–4 LPA · 622 salaries · Full Assistant Manager breakdown ›
| Experience | Fixed salary |
|---|---|
| 4 yrs | ₹3.9 L |
| 11 yrs | ₹8.4 L |
| 1 yr | ₹4 L |
| 2 yrs | ₹3.6 L |
| 6 yrs | ₹3 L |
| 4 yrs | ₹5.5 L |
| 6 yrs | ₹3.9 L |
| 1 yr | ₹3.5 L |
| 1 yr | ₹33.6 L |
| 2 yrs | ₹4 L |
Kotak Mahindra Bank Service Officer salary
Median ₹3.5 LPA · most earn ₹3–4 LPA · 47 salaries · Full Service Officer breakdown ›
| Experience | Fixed salary |
|---|---|
| 3 yrs | ₹2.8 L |
| 14 yrs | ₹4 L |
| 2 yrs | ₹3 L |
| 8 yrs | ₹7 L |
| 0 yrs | ₹4 L |
| 0 yrs | ₹3.5 L |
| 2 yrs | ₹4.8 L |
| 3 yrs | ₹3.5 L |
| 3 yrs | ₹3.9 L |
| 6 yrs | ₹3.5 L |
Kotak Mahindra Bank Associate salary
Median ₹3.2 LPA · most earn ₹2.7–4.4 LPA · 51 salaries · Full Associate breakdown ›
| Experience | Fixed salary |
|---|---|
| 5 yrs | ₹3 L |
| Not shared | ₹2.8 L |
| Not shared | ₹3.5 L |
| 4 yrs | ₹2.6 L |
| 3 yrs | ₹5 L |
| 4 yrs | ₹3.3 L |
| 1 yr | ₹4.5 L |
| 9 yrs | ₹3.1 L |
| 9 yrs | ₹3.4 L |
| 1 yr | ₹7 L |
Kotak Mahindra Bank vs similar companies
Median at 2–3 years of experience, so companies are compared like for like
| Company | Median (2–3 yrs) | vs Kotak Mahindra Bank | Compare |
|---|---|---|---|
| Kotak Mahindra Bank | ₹4.5 L | — | |
| ICICI Bank | ₹6 L | +33% | |
| HDFC Bank | ₹4.4 L | −2% | |
| JPMorgan Chase | ₹13.8 L | +207% | |
| Axis Bank | ₹5 L | +11% | |
| Wells Fargo | ₹8 L | +78% | |
| Citi | ₹10 L | +122% | |
| Barclays | ₹12 L | +167% | |
| Bajaj Finserv | ₹4.5 L | same |
Kotak Mahindra Bank salary FAQs
What is the average salary at Kotak Mahindra Bank?
The median fixed salary at Kotak Mahindra Bank is ₹5.8 LPA, across 7,566 salaries shared on Weekday. The middle half of employees earn ₹3.7–11 LPA.
What is the Kotak Mahindra Bank salary for freshers?
Freshers (0–1 years) at Kotak Mahindra Bank earn a median of ₹4 LPA, and most get ₹3.1–5.5 LPA, most often as Assistant Manager, Deputy Manager or Relationship Manager. That is about ₹29,000 a month in hand.
Which role pays the most at Kotak Mahindra Bank?
Among titles with enough salaries, Deputy Vice President (₹26 LPA median) and Associate Vice President (₹18 LPA) are the best paid at Kotak Mahindra Bank.
How much does a Kotak Mahindra Bank employee earn after 5 years?
With 4–6 years of experience the median is ₹5 LPA, and most earn ₹3.6–9 LPA. Freshers start at ₹4 LPA.
What does Kotak Mahindra Bank pay with 10+ years of experience?
People with more than 10 years at Kotak Mahindra Bank earn a median of ₹10.5 LPA, most between ₹6.4–19 LPA.
Does Kotak Mahindra Bank pay more than ICICI Bank?
At 2–3 years of experience, ICICI Bank pays 33% more: ₹6 LPA median against ₹4.5 LPA at Kotak Mahindra Bank. Comparing at the same experience keeps it like for like.
Are these Kotak Mahindra Bank salaries CTC or in-hand?
They are fixed CTC a year, before PF and tax, without bonus or stock. At the ₹5.8 LPA median, take-home is about ₹42,000 a month under the new tax regime.
Jobs at Kotak Mahindra Bank and similar companies
Live roles at Kotak Mahindra Bank first, then at companies like it.
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Kotak Mahindra Bank · New DelhiPersonal Banker-Inbound_BRANCH BANKING_0466_4581_1024145
Kotak Mahindra Bank · New DelhiElite Banker-Household-Outbound_BRANCH BANKING_0468_1404_1012352
Kotak Mahindra Bank · MumbaiElite Banker-Business Banking-Outbound_BRANCH BANKING_0468_1404_1021867
Kotak Mahindra Bank · MumbaiSales Manager
Kotak Mahindra Bank · PanipatRelationship Manager_CORPORATE REAL ESTATE (CRE)_0412_1419_1046513_HRR
Kotak Mahindra Bank · Mumbai Metropolitan Region · 12–18 years
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