Kotak Mahindra Bank Assistant Branch Manager Salaries by 10+ Employees (Updated 2025)

2 - 11 years exp.

₹2.4 Lakhs - ₹5.3 Lakhs

Salary of majority employees

30% less than the average Assistant Branch Manager Salary in Banking Companies for 2 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Branch Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.3 L/yr
Human Resources Assistant Branch Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Assistant Branch Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr

Last Updated: 31 Aug 2024

Companies similar to Kotak Mahindra Bank for Assistant Branch Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Branch Manager Salary 3 - 14 years exp. (204 salaries)	₹2.8 L/yr - ₹11 L/yr 72% more
ICICI Bank Assistant Branch Manager Salary 0 - 10 years exp. (200 salaries)	₹2.5 L/yr - ₹9 L/yr 45% more
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Axis Bank Assistant Branch Manager Salary 2 - 9 years exp. (33 salaries)	₹2.2 L/yr - ₹7 L/yr 24% more
State Bank of India Assistant Branch Manager Salary 4 - 6 years exp. (6 salaries)	₹7.6 L/yr - ₹10 L/yr 164% more
IndusInd Bank Assistant Branch Manager Salary 0 - 6 years exp. (11 salaries)	₹2.5 L/yr - ₹6.3 L/yr 1% more
Yes Bank Assistant Branch Manager Salary 1 - 6 years exp. (12 salaries)	₹2.6 L/yr - ₹4.4 L/yr At par
Federal Bank Assistant Branch Manager Salary 2 - 3 years exp. (5 salaries)	₹5.2 L/yr - ₹13.3 L/yr 221% more
IDFC FIRST Bank Assistant Branch Manager Salary 4 - 10 years exp. (203 salaries)	₹2.4 L/yr - ₹8.5 L/yr 47% more
RBL Bank Assistant Branch Manager Salary 1 - 9 years exp. (43 salaries)	₹2 L/yr - ₹4.2 L/yr 13% less
Bandhan Bank Assistant Branch Manager Salary 2 - 13 years exp. (158 salaries)	₹3 L/yr - ₹11 L/yr 92% more
Utkarsh Small Finance Bank Assistant Branch Manager Salary 0 - 6 years exp. (141 salaries)	₹2 L/yr - ₹4.5 L/yr 10% less
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Ujjivan Small Finance Bank Assistant Branch Manager Salary 3 - 10 years exp. (34 salaries)	₹2.5 L/yr - ₹6 L/yr 17% more
City Union Bank Assistant Branch Manager Salary 3 - 12 years exp. (17 salaries)	₹5.3 L/yr - ₹13 L/yr 158% more
Jana Small Finance Bank Assistant Branch Manager Salary 4 - 11 years exp. (16 salaries)	₹1.9 L/yr - ₹7.8 L/yr 18% more
Karur Vysya Bank Assistant Branch Manager Salary 4 - 8 years exp. (8 salaries)	₹7.4 L/yr - ₹10 L/yr 144% more
IDBI Bank Assistant Branch Manager Salary 0 - 19 years exp. (6 salaries)	₹10 L/yr - ₹15 L/yr 226% more
Central Bank of India Assistant Branch Manager Salary 5 - 10 years exp. (6 salaries)	₹6 L/yr - ₹10 L/yr 136% more
Bank of Baroda Assistant Branch Manager Salary 4 - 8 years exp. (5 salaries)	₹10 L/yr - ₹13 L/yr 190% more
UCO Bank Assistant Branch Manager Salary 2 - 11 years exp. (5 salaries)	₹2.2 L/yr - ₹11.3 L/yr 79% more
South Indian Bank Assistant Branch Manager Salary 2 - 11 years exp. (4 salaries)	₹4 L/yr - ₹10 L/yr 146% more

View all

Assistant Branch Manager salary at Kotak Mahindra Bank ranges between ₹2.4 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 12 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Branch Manager salaries

Last Updated: 31 Aug 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹2.9 L/yr - ₹4 L/yr
3 years (4 salaries)	₹2.5 L/yr - ₹4.4 L/yr
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4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.3 L/yr
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.4 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

4.4

Rated by 9 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.

Dislikes

Salary, promortion - these are the worst over here.

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.

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.

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.

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.

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.

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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Assistant Branch Manager Salary FAQs

What is the salary of Assistant Branch Manager at Kotak Mahindra Bank?

Assistant Branch Manager salary at Kotak Mahindra Bank in India ranges between ₹2.4 Lakhs to ₹5.3 Lakhs for experience between 2 years to 11 years. According to our estimates it is 30% less than the average Assistant Branch Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Assistant Branch Manager at Kotak Mahindra Bank is 30% less than the average salary of a Assistant Branch Manager in India. To know exact salary insights, login to view.

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

Union Bank of India Assistant Branch Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Assistant Branch Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year
Federal Bank Assistant Branch Manager Salary - ₹5.2 Lakhs to ₹13.3 Lakhs per year
Bank of Baroda Assistant Branch Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year
State Bank of India Assistant Branch Manager Salary - ₹7.6 Lakhs to ₹10.0 Lakhs per year

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

City Union Bank Assistant Branch Manager Salary - ₹5.3 Lakhs to ₹13.0 Lakhs per year
South Indian Bank Assistant Branch Manager Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Karur Vysya Bank Assistant Branch Manager Salary - ₹7.4 Lakhs to ₹10.0 Lakhs per year
Central Bank of India Assistant Branch Manager Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year
Bandhan Bank Assistant Branch Manager Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Assistant Branch Manager at Kotak Mahindra Bank ranges between ₹25,818 per month to ₹27,244 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Branch Manager salary in India which ranges between ₹2.4 Lakhs to ₹5.3 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 57% of the Kotak Mahindra Bank Assistant Branch Managers reported a notice period of 1 Month, 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 Assistant Branch Manager Salaries

Kotak Mahindra Bank Assistant Branch Manager salary in India ranges between ₹2.4 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.