Kotak Mahindra Bank Mumbai Administration Manager Salaries by 3 Employees

20 - 22 years exp.

₹6.9 Lakhs - ₹11.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

13% less than the average Administration Manager Salary in Banking Companies for 20 - 22 years of experience

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Last Updated: 9 Aug 2023

Companies similar to Kotak Mahindra Bank for Administration Manager in Mumbai

Kotak Mahindra Bank Administration Manager Salary

20 - 22 years exp. (3 salaries)

₹6.9 L/yr - ₹11.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Administration Manager Salary 10 - 15 years exp. (13 salaries)	₹7.8 L/yr - ₹12 L/yr 10% more
Axis Bank Administration Manager Salary 13 - 18 years exp. (6 salaries)	₹8 L/yr - ₹11 L/yr 11% more
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The Saraswat Co-operative Bank Administration Manager Salary 5 - 9 years exp. (4 salaries)	₹8 L/yr - ₹11 L/yr 6% more
ICICI Lombard General Insurance Company Administration Manager Salary 4 - 15 years exp. (16 salaries)	₹4 L/yr - ₹9.4 L/yr 18% less	1 job opening
Mahindra & Mahindra Administration Manager Salary 10 - 23 years exp. (10 salaries)	₹5.3 L/yr - ₹23 L/yr 58% more

Administration Manager salary at Kotak Mahindra Bank ranges between ₹6.9 Lakhs to ₹11.5 Lakhs per year for employees with experience between 20 years to 22 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Administration Manager salaries in Mumbai

Last Updated: 9 Aug 2023

Experience	Avg Annual Salary
15+ years (3 salaries)	₹3.7 L/yr - ₹11.5 L/yr
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Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(3.4k salaries)

₹1.65 L/yr - ₹8.2 L/yr

Operations Manager Salary

(42 salaries)

₹2 L/yr - ₹12 L/yr

Sales Coordinator Salary

(22 salaries)

₹1.8 L/yr - ₹3.2 L/yr

Administration Executive Salary

(5 salaries)

₹2.16 L/yr - ₹4 L/yr

System Administrator Salary

(4 salaries)

₹3.46 L/yr - ₹6.5 L/yr

Salary related reviews for Kotak Mahindra Bank

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted 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

Salary - Bad

+5 more

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

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Kotak Mahindra Bank

I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.

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Kotak Mahindra Bank Administration Manager Salary FAQs

How the salary growth look like for a Administration Manager at Kotak Mahindra Bank in Mumbai?

The salary growth for a Administration Manager at Kotak Mahindra Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Administration Manager in Mumbai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
15 years	₹3.7 Lakhs to ₹11.5 Lakhs per year

and so on.

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Kotak Mahindra Bank Administration Manager Salaries in Mumbai

Kotak Mahindra Bank Administration Manager salary in Mumbai ranges between ₹6.9 Lakhs to ₹11.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.