Kotak Mahindra Bank Area Operation Manager Salaries by 5 Employees

9 - 18 years exp.

₹6.7 Lakhs - ₹10.1 Lakhs

Low Confidence

Salary of majority employees

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10% less than the average Area Operation Manager Salary in Banking Companies for 9 - 18 years of experience

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Last Updated: 8 Nov 2024

Companies similar to Kotak Mahindra Bank for Area Operation Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Area Operation Manager Salary 10 - 21 years exp. (8 salaries)	Unlock ₹7 L/yr - ₹26 L/yr 93% more
ICICI Bank Area Operation Manager Salary 6 - 16 years exp. (106 salaries)	Unlock ₹4.5 L/yr - ₹15 L/yr 13% more
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Axis Bank Area Operation Manager Salary 6 - 18 years exp. (167 salaries)	Unlock ₹5.1 L/yr - ₹17 L/yr 21% more
IndusInd Bank Area Operation Manager Salary 5 - 14 years exp. (36 salaries)	Unlock ₹3.9 L/yr - ₹7.5 L/yr 35% less
Yes Bank Area Operation Manager Salary 7 - 19 years exp. (17 salaries)	Unlock ₹6.7 L/yr - ₹14 L/yr 24% more
IDFC FIRST Bank Area Operation Manager Salary 5 - 18 years exp. (25 salaries)	Unlock ₹5.7 L/yr - ₹22 L/yr 54% more
Bandhan Bank Area Operation Manager Salary 8 - 14 years exp. (4 salaries)	Unlock ₹7.6 L/yr - ₹9.4 L/yr 4% more
Utkarsh Small Finance Bank Area Operation Manager Salary 5 - 13 years exp. (23 salaries)	Unlock ₹4 L/yr - ₹8.8 L/yr 31% less
Ujjivan Small Finance Bank Area Operation Manager Salary 11 - 20 years exp. (8 salaries)	Unlock ₹10.4 L/yr - ₹14 L/yr 48% more

Area Operation Manager salary at Kotak Mahindra Bank ranges between ₹6.7 Lakhs to ₹10.1 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Area Operation Manager salaries

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	Unlock ₹6.7 L/yr - ₹6.7 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹6.7 L/yr - ₹12.5 L/yr
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11 years (AmbitionBox Estimate)	Unlock ₹6.6 L/yr - ₹8.4 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹6.9 L/yr - ₹8.8 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹7.3 L/yr - ₹9.3 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹7.6 L/yr - ₹9.7 L/yr
15+ years (3 salaries)	Unlock ₹8.5 L/yr - ₹10.1 L/yr

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Salary related reviews for Kotak Mahindra Bank

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Salary - Excellent

+6 more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

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

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Skill development - Excellent

+3 more

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

Salary - Bad

+1 more

Assistant Vice President in Ernakulam

Full Time

Finance & Accounting Department

4.0

• posted on 02 Jul 2024

1.0

for Salary and Benefits

Likes

Work life balance No bad words from senior managers in my 10 years tenure with Kotak

Skill development - Good

+2 more

Dislikes

Low salary hike every year even for Achievers. If we have grade promotion they will give grade promotion this year and salary hike next year that too 4% extra with normal appraisal.

Salary - Bad

see more salary related reviews

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Kotak Mahindra Bank Area Operation Manager Salary FAQs

What is the salary of Area Operation Manager at Kotak Mahindra Bank?

Area Operation Manager salary at Kotak Mahindra Bank in India ranges between ₹6.7 Lakhs to ₹10.1 Lakhs for experience between 9 years to 18 years. According to our estimates it is 10% less than the average Area Operation Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Area Operation Manager at Kotak Mahindra Bank is 10% less than the average salary of a Area Operation Manager in India. To know exact salary insights, login to view.

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

HDFC Bank Area Operation Manager Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year
IDFC FIRST Bank Area Operation Manager Salary - ₹5.7 Lakhs to ₹22.0 Lakhs per year
Ujjivan Small Finance Bank Area Operation Manager Salary - ₹10.4 Lakhs to ₹14.0 Lakhs per year
Yes Bank Area Operation Manager Salary - ₹6.7 Lakhs to ₹14.0 Lakhs per year
Axis Bank Area Operation Manager Salary - ₹5.1 Lakhs to ₹17.0 Lakhs per year

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

ICICI Bank Area Operation Manager Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Bandhan Bank Area Operation Manager Salary - ₹7.6 Lakhs to ₹9.4 Lakhs per year
Utkarsh Small Finance Bank Area Operation Manager Salary - ₹4.0 Lakhs to ₹8.8 Lakhs per year
IndusInd Bank Area Operation Manager Salary - ₹3.9 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Area Operation Manager at Kotak Mahindra Bank ranges between ₹60,859 per month to ₹62,400 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Area Operation Manager salary in India which ranges between ₹6.7 Lakhs to ₹10.1 Lakhs per year for employees with experience between 9 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Area Operation Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Area Operation Manager Salaries

Kotak Mahindra Bank Area Operation Manager salary in India ranges between ₹6.7 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.