Kotak Mahindra Bank ASM Salaries by 7 Employees

3 - 15 years exp.

₹2.5 Lakhs - ₹12.3 Lakhs

Low Confidence

Salary of majority employees

At par with the average ASM Salary in Banking Companies for 3 - 15 years of experience

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Salaries in different departments

Marketing & Communication ASM Salary 3 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹11.9 L/yr
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Customer Success, Service & Operations ASM Salary 5 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹12.1 L/yr

Last Updated: 2 Apr 2024

Companies similar to Kotak Mahindra Bank for ASM

Company name	Avg Annual Salary	Open Jobs
HDFC Bank ASM Salary 11 - 18 years exp. (5 salaries)	₹9 L/yr - ₹18 L/yr 56% more
ICICI Bank ASM Salary 0 - 5 years exp. (6 salaries)	₹1.2 L/yr - ₹8.1 L/yr 35% less
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Axis Bank ASM Salary 3 - 13 years exp. (20 salaries)	₹3 L/yr - ₹11.1 L/yr 2% less
IndusInd Bank ASM Salary 0 - 15 years exp. (30 salaries)	₹1.5 L/yr - ₹11.3 L/yr 13% less
Yes Bank ASM Salary 4 - 7 years exp. (3 salaries)	₹3 L/yr - ₹3.9 L/yr 51% less
IDFC FIRST Bank ASM Salary 12 - 16 years exp. (5 salaries)	₹11.9 L/yr - ₹24.6 L/yr 141% more
RBL Bank ASM Salary 1 - 14 years exp. (5 salaries)	₹4 L/yr - ₹10.5 L/yr 22% less
Bandhan Bank ASM Salary 9 - 17 years exp. (5 salaries)	₹11.4 L/yr - ₹13 L/yr 74% more
Paytm Payments Bank ASM Salary 8 - 14 years exp. (5 salaries)	₹7 L/yr - ₹9 L/yr 9% more
Jana Small Finance Bank ASM Salary 3 - 12 years exp. (4 salaries)	₹2.9 L/yr - ₹8 L/yr 21% less

ASM salary at Kotak Mahindra Bank ranges between ₹2.5 Lakhs to ₹12.3 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank ASM salaries

Last Updated: 2 Apr 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
8 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.2 L/yr
12 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹10.5 L/yr
13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.2 L/yr
14 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
15+ years (AmbitionBox Estimate)	₹4.9 L/yr - ₹18.5 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

5.0

Rated by 1 employees for salary & benefits

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Salary - Bad

+6 more

Corporate Accounts Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Sep 2023

3.0

for Salary and Benefits

Likes

The likes depends on the manager if the manager is supporting and helpful it is great but if he is not then it is problematic.

Dislikes

...n who takes account is not even satisfied then how it will promote the business.if you want to work in salary business work for HSBC and Standard Chartered.

Skill development - Poor

+4 more

Senior Relationship Manager in Pune

Full Time

Product Management Department

4.0

• posted on 10 Oct 2022

3.0

for Salary and Benefits

Likes

Good Work life Balance Management is humble Good Brand

Job security - Excellent

+3 more

Dislikes

Not paying salary as per the grade Targets are not specified and keeps changing. Critical conditions to earn incentives Poor evaluation system

Skill development - Poor

Sales Officer in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

5.0

• posted on 07 Jan 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Aug 2022

1.0

for Salary and Benefits

Likes

Job security is fine others are terrible

Dislikes

... staffs.No support by the seniors only feedbacks works for them with no reasons.No salary correction nothing...not a good organisation to work

Salary - Bad

+5 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank ASM Salary FAQs

What is the salary of ASM at Kotak Mahindra Bank?

ASM salary at Kotak Mahindra Bank in India ranges between ₹2.5 Lakhs to ₹12.3 Lakhs for experience between 3 years to 15 years. According to our estimates it is 3% less than the average ASM Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a ASM at Kotak Mahindra Bank is 3% less than the average salary of a ASM in India. To know exact salary insights, login to view.

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

IDFC FIRST Bank ASM Salary - ₹11.9 Lakhs to ₹24.6 Lakhs per year
Bandhan Bank ASM Salary - ₹11.4 Lakhs to ₹13.0 Lakhs per year
HDFC Bank ASM Salary - ₹9.0 Lakhs to ₹18.0 Lakhs per year
Paytm Payments Bank ASM Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year

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

Axis Bank ASM Salary - ₹3.0 Lakhs to ₹11.1 Lakhs per year
IndusInd Bank ASM Salary - ₹1.5 Lakhs to ₹11.3 Lakhs per year
Jana Small Finance Bank ASM Salary - ₹2.9 Lakhs to ₹8.0 Lakhs per year
RBL Bank ASM Salary - ₹4.0 Lakhs to ₹10.5 Lakhs per year
ICICI Bank ASM Salary - ₹1.2 Lakhs to ₹8.1 Lakhs per year

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

The estimated take-home salary of a ASM at Kotak Mahindra Bank ranges between ₹53,841 per month to ₹55,183 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank ASM salary in India which ranges between ₹2.5 Lakhs to ₹12.3 Lakhs per year for employees with experience between 3 years to 15 years. Check how did we calculate take home salary?

What is the notice period for ASM at Kotak Mahindra Bank?

According to AmbitionBox, 57% of the Kotak Mahindra Bank ASMs reported a notice period of 15 days or less, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank ASM Salaries

Kotak Mahindra Bank ASM salary in India ranges between ₹2.5 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.