Kotak Mahindra Bank Assistant Manager Salaries by 12000+ Employees (Updated 2025)

0 - 9 years exp.

₹1 Lakh - ₹5 Lakhs

Salary of majority employees

Fixed (100%)

₹3.5 Lakhs

Variable (0%)

₹0.0

58% less than the average Assistant Manager Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 0 - 9 years exp. (3.3k salaries)	₹1 L/yr - ₹5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 0 - 9 years exp. (3k salaries)	₹1.2 L/yr - ₹5 L/yr
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Finance & Accounting Assistant Manager Salary 0 - 9 years exp. (1.7k salaries)	₹1.2 L/yr - ₹5 L/yr
Sales & Business Development Assistant Manager Salary 0 - 9 years exp. (1.3k salaries)	₹1.1 L/yr - ₹5 L/yr
Marketing & Communication Assistant Manager Salary 0 - 9 years exp. (320 salaries)	₹1.5 L/yr - ₹5 L/yr

Last Updated: 2 Mar 2025

Companies similar to Kotak Mahindra Bank for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.5k salaries)	₹1.7 L/yr - ₹7.3 L/yr 9% more
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	₹1.8 L/yr - ₹5 L/yr 15% more
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Axis Bank Assistant Manager Salary 0 - 9 years exp. (15k salaries)	₹1.8 L/yr - ₹6 L/yr 16% more
State Bank of India Assistant Manager Salary 0 - 12 years exp. (512 salaries)	₹5.3 L/yr - ₹21 L/yr 266% more
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (2.3k salaries)	₹1.5 L/yr - ₹6.3 L/yr 9% more	1 job opening
Yes Bank Assistant Manager Salary 0 - 11 years exp. (3.4k salaries)	₹2 L/yr - ₹6.7 L/yr 28% more	1 job opening
Standard Chartered Assistant Manager Salary 2 - 18 years exp. (950 salaries)	₹4.7 L/yr - ₹18 L/yr 227% more
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (262 salaries)	₹5.5 L/yr - ₹21 L/yr 268% more
Punjab National Bank Assistant Manager Salary 0 - 10 years exp. (124 salaries)	₹5 L/yr - ₹15.2 L/yr 165% more
Federal Bank Assistant Manager Salary 0 - 10 years exp. (683 salaries)	₹6 L/yr - ₹20 L/yr 260% more

View all

Assistant Manager salary at Kotak Mahindra Bank ranges between ₹1 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 12.7k latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
Fresher (1.2k salaries)	₹1.1 L/yr - ₹4.7 L/yr
1 year (2.4k salaries)	₹1 L/yr - ₹4.8 L/yr
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2 years (2.8k salaries)	₹1.1 L/yr - ₹4.8 L/yr
3 years (2.4k salaries)	₹1.5 L/yr - ₹5 L/yr
4 years (1.7k salaries)	₹1.5 L/yr - ₹5 L/yr
5 years (1.1k salaries)	₹1.8 L/yr - ₹5 L/yr
6 years (635 salaries)	₹2 L/yr - ₹4.9 L/yr
7 years (275 salaries)	₹2.2 L/yr - ₹4.7 L/yr
8 years (132 salaries)	₹2.5 L/yr - ₹4.7 L/yr
9 years (31 salaries)	₹3 L/yr - ₹4.2 L/yr

View all

From

Assistant Manager

0 - 9 years exp.

Deputy Manager

₹

Lakhs/yr

0 - 13 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.

Similar Designation salaries in Kotak Mahindra Bank

Assistant Manager O&M Salary

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Assistant Store Manager Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Department Manager Salary

(11 salaries)

₹2.8 L/yr - ₹4.92 L/yr

Assistant Branch Manager Salary

(17 salaries)

₹2.35 L/yr - ₹6.5 L/yr

Operations Manager Salary

(255 salaries)

₹2.63 L/yr - ₹10 L/yr

Team Manager Salary

(122 salaries)

₹1.3 L/yr - ₹10.52 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Branch Manager Salary

(1k salaries)

₹7 L/yr - ₹25.56 L/yr

Deputy Manager Salary

(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Sales Manager Salary

(767 salaries)

₹1.2 L/yr - ₹10 L/yr

Top skills at Kotak Mahindra Bank for Assistant Manager

Casa Current Account Sales Insurance Field Sales

Salary related reviews for Kotak Mahindra Bank

3.5

Rated by 3.3k employees for salary & benefits

Assistant Manager in Jalandhar

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 09 Oct 2024

2.0

for Salary and Benefits

Likes

Fixed salary

Dislikes

work culture is very horrible Not supportive attitude of seniors Fake commitments of salary hike No pay for overtimings 365 days (excluded public holidays) never close branch after 7:30 or 8 .

Salary - Poor

+5 more

Assistant Manager in Rajkot

Full Time

Sales & Business Development Department

1.0

• posted on 22 Mar 2024

4.0

for Salary and Benefits

Likes

Salary and appraisal Benefits

Salary - Good

+1 more

Dislikes

There are no worklife balance many times we worked more than 12 hours manager use abusing words if we can't complete our targets HR also useless many times i tried to complain about this culture but HR can't take any action. I request you to change this culture if you can.

Skill development - Poor

+4 more

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Oct 2023

3.0

for Salary and Benefits

Likes

Company is having excellent relationship with their customers and employees. Company is providing salary on time. there is a lot of things which l learnt from there. I'm thankful that I joined the kotak Mahindra Bank

Skill development - Good

+2 more

Dislikes

There is some maneger who is having a very bad attitudes. They provide you a lot of pressure regarding to Target. They humiliat you in front of a lot of person. Due to a few manager in this organisation, the environment is not good specially this manager zone. they don't leave us on time.

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Nov 2023

2.0

for Salary and Benefits

Likes

The Bank is having an excellent environment work life is very very smooth in mostly all departments . Work culture is very good people are very supportive one of the best canteen you will get love the place and vibes.

Skill development - Excellent

+3 more

Dislikes

The Bank salary structure is not that good. Internal politics which no one can blame as in every private banks you will get.

Salary - Poor

+1 more

Assistant Manager in Thane

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 20 Aug 2023

3.0

for Salary and Benefits

Likes

It was good experience working with kotak bank. In normal operation department the salary expectation for freshers should not be high it can be arrange from 2.2 to 2.3 lakhs per annum not more than that if you have done any course and then have joined the company then salary can reach up to 2.5 lakh it is good for freshers in KYC operations DvU department. Birthday is no growth after certain level in such departments. We have to pursue some course and then go for next level in another company.

Job security - Excellent

+3 more

Dislikes

...ut the opportunities which we are getting for our career growth are bit limited. Work culture was good salary is not that much great because as per the market and inflation in India it could be better after spending 3 years in that Bank.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Kotak Mahindra Bank Assistant Manager Salary FAQs

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

Assistant Manager salary at Kotak Mahindra Bank in India ranges between ₹1.0 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 58% less than the average Assistant Manager Salary in India. Salary estimates are based on 12.7k latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Assistant Manager at Kotak Mahindra Bank is 58% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Kotak Mahindra Bank?

Casa, Current Account, Sales, Insurance and Field Sales are some of the popular skills required to work as a Assistant Manager at Kotak Mahindra Bank India.

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

Barclays Investment Bank Assistant Manager Salary - ₹7.5 Lakhs to ₹16.3 Lakhs per year
Bank of Baroda Assistant Manager Salary - ₹5.5 Lakhs to ₹21.0 Lakhs per year
State Bank of India Assistant Manager Salary - ₹5.3 Lakhs to ₹21.0 Lakhs per year
Federal Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Paytm Payments Bank Assistant Manager Salary - ₹5.2 Lakhs to ₹18.1 Lakhs per year

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

Canara Bank Assistant Manager Salary - ₹5.3 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹18.0 Lakhs per year
South Indian Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
Standard Chartered Assistant Manager Salary - ₹4.7 Lakhs to ₹18.0 Lakhs per year
Union Bank of India Assistant Manager Salary - ₹5.0 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Kotak Mahindra Bank ranges between ₹25,600 per month to ₹27,030 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Manager salary in India which ranges between ₹1.0 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Assistant Managers reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9.5k responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Manager Salaries by Location

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Kotak Mahindra Bank Assistant Manager Salaries

Kotak Mahindra Bank Assistant Manager salary in India ranges between ₹1 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12.7k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Assistant Manager salaries in India (Updated 2025)

Companies similar to Kotak Mahindra Bank for Assistant Manager

Latest annual salaries shared by Kotak Mahindra Bank Assistant Manager

Experience wise Kotak Mahindra Bank Assistant Manager salaries

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Assistant Manager

Salary related reviews for Kotak Mahindra Bank

Assistant Manager in Jalandhar

Assistant Manager in Rajkot

Assistant Manager in Mumbai

Assistant Manager in Mumbai

Assistant Manager in Thane

Kotak Mahindra Bank Assistant Manager Salary FAQs

Tell us how to improve this page.

Kotak Mahindra Bank Assistant Manager Salaries by Location