Kotak Mahindra Bank Vadodara Area Manager Salaries by 2 Employees (Updated 2025)

14 - 16 years exp.

₹14.7 Lakhs - ₹18.8 Lakhs

Low Confidence

Salary of majority employees

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Salaries in different departments

BFSI, Investments & Trading Area Manager Salary 16 years exp. (AmbitionBox Estimate)	₹15.5 L/yr - ₹24.7 L/yr
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Customer Success, Service & Operations Area Manager Salary 14 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹18.9 L/yr

Last Updated: 8 Mar 2025

Companies similar to Kotak Mahindra Bank for Area Manager in Vadodara

Kotak Mahindra Bank Area Manager Salary

14 - 16 years exp. (AmbitionBox Estimate)

₹14.7 L/yr - ₹18.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Area Manager Salary 5 - 8 years exp. (6 salaries)	₹2.4 L/yr - ₹5.2 L/yr 72% less
Ujjivan Small Finance Bank Area Manager Salary 11 - 17 years exp. (3 salaries)	₹5.4 L/yr - ₹12.4 L/yr 33% less
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Reliance Industries Area Manager Salary 1 - 9 years exp. (12 salaries)	₹6.6 L/yr - ₹12.1 L/yr 45% less
M Power Micro Finance Area Manager Salary 11 - 18 years exp. (6 salaries)	₹4.5 L/yr - ₹7 L/yr 63% less	1 job opening
Reliance BP Mobility Area Manager Salary 2 - 5 years exp. (6 salaries)	₹9.5 L/yr - ₹12 L/yr 31% less

Area Manager salary at Kotak Mahindra Bank ranges between ₹14.7 Lakhs to ₹18.8 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 2 latest salaries received from various employees of Kotak Mahindra Bank.

Similar Designation salaries in Kotak Mahindra Bank

Team Lead Salary

(4 salaries)

₹1.65 L/yr - ₹4.32 L/yr

Territory Manager Salary

(3 salaries)

₹7.55 L/yr - ₹14 L/yr

Top skills at Kotak Mahindra Bank for Area Manager

Relationship Management Team Handling Portfolio Management HNI Sales Wealth Management HNI Acquisition Team Handling HNI Sales Branch Banking Relationship Management Insurance Wealth Management Insurance Sales Area Management RM

Salary related reviews for Kotak Mahindra Bank

Area Manager in Kolkata

Privy Department

2.0

• posted on 18 May 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... not done according to competency neither employees are trained enough to excel. Medical benefits are not provided by employer every month fees tworads mediclaim are deducted from employees salary and on that company only covers for 70 pct of total medical expenses

Salary - Bad

+6 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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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 Area Manager Salary FAQs

How the salary growth look like for a Area Manager at Kotak Mahindra Bank in Vadodara?

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

Experience	Average Salary Range
14 years	₹13.2 Lakhs to ₹16.9 Lakhs per year
15 years	₹17.1 Lakhs to ₹21.9 Lakhs per year

and so on.

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Kotak Mahindra Bank Area Manager Salaries in Vadodara

Kotak Mahindra Bank Area Manager salary in Vadodara ranges between ₹14.7 Lakhs to ₹18.8 Lakhs. This is an estimate based on latest salaries received from employees of Kotak Mahindra Bank.