Kotak Mahindra Bank Accounts Manager Salaries by 60+ Employees (Updated 2025)

1 - 7 years exp.

₹2.9 Lakhs - ₹6.5 Lakhs

Salary of majority employees

50% less than the average Accounts Manager Salary in Banking Companies for 1 - 7 years of experience

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Salaries in different departments

Sales & Business Development Accounts Manager Salary 1 - 7 years exp. (23 salaries)	₹3.5 L/yr - ₹6.3 L/yr
Finance & Accounting Accounts Manager Salary 1 - 5 years exp. (7 salaries)	₹3.3 L/yr - ₹6.5 L/yr
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Marketing & Communication Accounts Manager Salary 1 - 7 years exp. (7 salaries)	₹3 L/yr - ₹4.4 L/yr
BFSI, Investments & Trading Accounts Manager Salary 3 - 7 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr
Customer Success, Service & Operations Accounts Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹6 L/yr

Last Updated: 31 Jan 2025

Companies similar to Kotak Mahindra Bank for Accounts Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Accounts Manager Salary 1 - 12 years exp. (25 salaries)	₹3.6 L/yr - ₹13 L/yr 83% more
ICICI Bank Accounts Manager Salary 0 - 12 years exp. (1.2k salaries)	₹4 L/yr - ₹15 L/yr 111% more
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Axis Bank Accounts Manager Salary 0 - 8 years exp. (13 salaries)	₹2.8 L/yr - ₹13.4 L/yr 73% more
State Bank of India Accounts Manager Salary 5 - 30 years exp. (4 salaries)	₹1 L/yr - ₹8 L/yr 17% less
Yes Bank Accounts Manager Salary 1 - 21 years exp. (7 salaries)	₹2.4 L/yr - ₹6.6 L/yr 4% more
IndusInd Bank Accounts Manager Salary 1 - 10 years exp. (8 salaries)	₹3.1 L/yr - ₹8 L/yr 22% more
IDFC FIRST Bank Accounts Manager Salary 0 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4.8 L/yr 3% more
Punjab National Bank Accounts Manager Salary 0 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹12.4 L/yr 72% more
Karur Vysya Bank Accounts Manager Salary 5 - 9 years exp. (7 salaries)	₹7.5 L/yr - ₹16.5 L/yr 109% more
Ujjivan Small Finance Bank Accounts Manager Salary 6 - 11 years exp. (6 salaries)	₹9.2 L/yr - ₹10.7 L/yr 110% more
Bandhan Bank Accounts Manager Salary 3 - 7 years exp. (5 salaries)	₹5 L/yr - ₹10 L/yr 64% more	1 job opening
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Jana Small Finance Bank Accounts Manager Salary 8 - 14 years exp. (5 salaries)	₹4.5 L/yr - ₹9.2 L/yr 66% more
Bank of Baroda Accounts Manager Salary 0 - 12 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 90% more
Union Bank of India Accounts Manager Salary 0 - 15 years exp. (4 salaries)	₹4 L/yr - ₹10.4 L/yr 31% more
UCO Bank Accounts Manager Salary 0 - 29 years exp. (4 salaries)	₹5.3 L/yr - ₹11.1 L/yr 65% more
Utkarsh Small Finance Bank Accounts Manager Salary 11 - 13 years exp. (3 salaries)	₹7.9 L/yr - ₹8.5 L/yr 86% more
Paytm Payments Bank Accounts Manager Salary 5 - 8 years exp. (3 salaries)	₹4.8 L/yr - ₹5.4 L/yr 17% more

Accounts Manager salary at Kotak Mahindra Bank ranges between ₹2.9 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 62 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Accounts Manager salaries

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
1 year (9 salaries)	₹3 L/yr - ₹5.5 L/yr
2 years (5 salaries)	₹2.9 L/yr - ₹5 L/yr
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3 years (13 salaries)	₹3.1 L/yr - ₹6.5 L/yr
4 years (13 salaries)	₹3 L/yr - ₹6.5 L/yr
5 years (9 salaries)	₹3.2 L/yr - ₹6 L/yr
6 years (8 salaries)	₹4 L/yr - ₹6 L/yr
7 years (5 salaries)	₹4.4 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Accounts Officer Salary

(5 salaries)

₹0.57 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.2 L/yr

Finance Manager Salary

(20 salaries)

₹2.6 L/yr - ₹10.05 L/yr

Accountant Salary

(67 salaries)

₹1.55 L/yr - ₹4.6 L/yr

Accounting Staff Salary

(4 salaries)

₹2 L/yr - ₹6 L/yr

Account Assistant Salary

(23 salaries)

₹2 L/yr - ₹4.4 L/yr

Audit Assistant Salary

(5 salaries)

₹0.6 L/yr - ₹2.65 L/yr

Analyst Salary

(26 salaries)

₹2.41 L/yr - ₹12 L/yr

Senior Associate Salary

(119 salaries)

₹1.4 L/yr - ₹4 L/yr

Process Associate Salary

(55 salaries)

₹1.2 L/yr - ₹3.3 L/yr

Top skills at Kotak Mahindra Bank for Accounts Manager

Corporate Sales Key Account Management Team Handling institutional sales Cross Selling Sales B2B Sales Account Management Insurance Sales Saving Account Team Leading Banking Product sourcing Business Development Casa

Salary related reviews for Kotak Mahindra Bank

3.4

Rated by 26 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted 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.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

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

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.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted 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.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

Deputy Manager in Thane

Full Time

Customer Success, Service & Operations 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.

Salary - Poor

+4 more

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Accounts Manager Salary FAQs

What is the salary of Accounts Manager at Kotak Mahindra Bank?

Accounts Manager salary at Kotak Mahindra Bank in India ranges between ₹2.9 Lakhs to ₹6.5 Lakhs for experience between 1 years to 7 years. According to our estimates it is 50% less than the average Accounts Manager Salary in India. Salary estimates are based on 62 latest salaries received from various employees of Kotak Mahindra Bank India.

How does the salary of a Accounts Manager at Kotak Mahindra Bank India compare with the average salary range for this job?

The average salary of a Accounts Manager at Kotak Mahindra Bank is 50% less than the average salary of a Accounts Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Accounts Manager at Kotak Mahindra Bank?

Corporate Sales, Key Account Management, Team Handling, institutional sales and Cross Selling are some of the popular skills required to work as a Accounts Manager at Kotak Mahindra Bank India.

Which similar companies are paying more than Kotak Mahindra Bank to a Accounts Manager in India?

ICICI Bank Accounts Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Ujjivan Small Finance Bank Accounts Manager Salary - ₹9.2 Lakhs to ₹10.7 Lakhs per year
Karur Vysya Bank Accounts Manager Salary - ₹7.5 Lakhs to ₹16.5 Lakhs per year
Bank of Baroda Accounts Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Utkarsh Small Finance Bank Accounts Manager Salary - ₹7.9 Lakhs to ₹8.5 Lakhs per year

What is the salary of a Accounts Manager in companies similar to Kotak Mahindra Bank in India?

HDFC Bank Accounts Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
Axis Bank Accounts Manager Salary - ₹2.8 Lakhs to ₹13.4 Lakhs per year
Punjab National Bank Accounts Manager Salary - ₹4.5 Lakhs to ₹12.4 Lakhs per year
Jana Small Finance Bank Accounts Manager Salary - ₹4.5 Lakhs to ₹9.2 Lakhs per year
UCO Bank Accounts Manager Salary - ₹5.3 Lakhs to ₹11.1 Lakhs per year

What is the estimated take home salary of a Accounts Manager at Kotak Mahindra Bank in India?

The estimated take-home salary of a Accounts Manager at Kotak Mahindra Bank ranges between ₹33,047 per month to ₹34,316 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Accounts Manager salary in India which ranges between ₹2.9 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Accounts Manager at Kotak Mahindra Bank?

According to AmbitionBox, 61% of the Kotak Mahindra Bank Accounts Managers reported a notice period of 3 Months, 21% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Accounts Manager Salaries

Kotak Mahindra Bank Accounts Manager salary in India ranges between ₹2.9 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 62 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Accounts Manager salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Accounts Manager

Latest annual salaries shared by Kotak Mahindra Bank Accounts Manager

Experience wise Kotak Mahindra Bank Accounts Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Accounts Manager

Salary related reviews for Kotak Mahindra Bank

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Deputy Manager in Thane

Kotak Mahindra Bank Accounts Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Accounts Manager Salaries by Location