Kotak Mahindra Bank Assistant Branch Manager Salaries by 10+ Employees

2 - 11 years exp.

₹2.4 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% 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 4 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹6 L/yr
Human Resources Assistant Branch Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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Customer Success, Service & Operations Assistant Branch Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.8 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
ICICI Bank Assistant Branch Manager Salary 0 - 10 years exp. (213 salaries)	₹2.5 L/yr - ₹8.5 L/yr 33% more
IDFC FIRST Bank Assistant Branch Manager Salary 4 - 10 years exp. (203 salaries)	₹2.5 L/yr - ₹7.1 L/yr 33% more
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HDFC Bank Assistant Branch Manager Salary 3 - 14 years exp. (189 salaries)	₹3 L/yr - ₹9.9 L/yr 66% more
Bandhan Bank Assistant Branch Manager Salary 5 - 13 years exp. (153 salaries)	₹3.1 L/yr - ₹11 L/yr 103% more
Utkarsh Small Finance Bank Assistant Branch Manager Salary 0 - 6 years exp. (138 salaries)	₹2 L/yr - ₹4.5 L/yr 14% less
RBL Bank Assistant Branch Manager Salary 1 - 9 years exp. (41 salaries)	₹2 L/yr - ₹4.2 L/yr 17% less
Axis Bank Assistant Branch Manager Salary 1 - 9 years exp. (41 salaries)	₹2.2 L/yr - ₹7 L/yr 13% more
Ujjivan Small Finance Bank Assistant Branch Manager Salary 2 - 10 years exp. (34 salaries)	₹2 L/yr - ₹5.3 L/yr 3% more
City Union Bank Assistant Branch Manager Salary 3 - 12 years exp. (18 salaries)	₹5.3 L/yr - ₹13 L/yr 144% more
Jana Small Finance Bank Assistant Branch Manager Salary 6 - 15 years exp. (21 salaries)	₹2.8 L/yr - ₹9 L/yr 50% more

View all

Assistant Branch Manager salary at Kotak Mahindra Bank ranges between ₹2.4 Lakhs to ₹6 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 14 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)	₹1.5 L/yr - ₹6 L/yr
5 years (3 salaries)	₹2.4 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.3 L/yr
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr

View all

From

Assistant Branch Manager

₹

Lakhs/yr

2 - 11 years exp.

Regional Sales Manager

₹

Lakhs/yr

12 - 19 years exp.

Assistant Branch Manager

2 - 11 years exp.

Branch Manager

8 - 20 years exp.

345% hike

Area Business Manager

8 - 19 years exp.

1% hike

From

View 3 more levels

Assistant Branch Manager

2 - 11 years exp.

Senior Regional Business Manager

Salary unavailable

From

View 1 more level

Assistant Branch Manager

2 - 11 years exp.

Regional Asset Manager

15 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Business Manager Salary

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Branch Sales Manager Salary

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Salary related reviews for Kotak Mahindra Bank

4.1

Rated by 8 employees for salary & benefits

Relationship Officer in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

On time salary

Skill development - Good

Dislikes

Worst work culture, even 2nd Saturday and 4th Saturday also working day.and if anyone not reached daily sales target reporting manager is putting LOP and high work pressure and paying low salaries.and not not given any leaves

Salary - Poor

+4 more

Senior Relationship Manager in Ranchi

Full Time

Sales & Business Development Department

1.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

I don't remember a single thing which gave me a satisfaction

Dislikes

Threatening every day Too much work pressure Conveyance not easy,in the hands of boss Every single hour you have to justify your salary No proper support from senior management in the form of needs for fulfilling duties Small company and daily even after joining 3 months you will start getting threatening from supervisor. Poorest leadership...Good for nothing

Salary - Poor

+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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Assistant Branch Manager Salary FAQs

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

The average salary of a Assistant Branch Manager at Kotak Mahindra Bank in India typically ranges from ₹2.4 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Assistant Branch Manager at Kotak Mahindra Bank earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Assistant Branch Manager Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Kotak Mahindra Bank employees in India.

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 in India typically ranges from ₹27,936 to ₹29,330 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 2 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Assistant Branch Manager in India?

Union Bank of India	₹10.0 Lakhs to ₹18.0 Lakhs per year
Federal Bank	₹10.0 Lakhs to ₹13.3 Lakhs per year
IDBI Bank	₹10.0 Lakhs to ₹15.0 Lakhs per year
Bank of Baroda	₹10.0 Lakhs to ₹13.0 Lakhs per year
City Union Bank	₹5.3 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Assistant Branch Manager at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

South Indian Bank	₹4.0 Lakhs to ₹10.0 Lakhs per year
Karur Vysya Bank	₹7.4 Lakhs to ₹10.0 Lakhs per year
Central Bank of India	₹6.0 Lakhs to ₹10.0 Lakhs per year
Bandhan Bank	₹3.1 Lakhs to ₹11.0 Lakhs per year
UCO Bank	₹2.2 Lakhs to ₹11.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Branch Manager at Kotak Mahindra Bank in India?

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

Experience	Average Salary Range
2 years	₹2.9 Lakhs to ₹4.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹4.4 Lakhs per year
4 years	₹1.5 Lakhs to ₹6.0 Lakhs per year
5 years	₹2.4 Lakhs to ₹6.0 Lakhs per year

and so on.

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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 ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.