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Kotak Mahindra Bank Assistant Manager 1 salaries in Mumbai

Annual salary range
0 - 5 years exp.
₹2 Lakhs - ₹4 Lakhs
Salary of majority employees
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14% less than the average Assistant Manager 1 Salary in Banking Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager 1 Salary
1 - 5 years exp. (7 salaries)
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₹2.1 L/yr - ₹3.8 L/yr

Finance & Accounting
Assistant Manager 1 Salary
1 - 5 years exp. (7 salaries)
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₹2.1 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Assistant Manager 1 Salary
1 - 3 years exp. (6 salaries)
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₹2 L/yr - ₹3.5 L/yr

Sales & Business Development
Assistant Manager 1 Salary
0 - 5 years exp. (5 salaries)
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₹2.4 L/yr - ₹3.2 L/yr

Marketing & Communication
Assistant Manager 1 Salary
1 year exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.2 L/yr

Last Updated: 30 Sep 2024

Companies similar to Kotak Mahindra Bank for Assistant Manager 1 in Mumbai

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Kotak Mahindra Bank Assistant Manager 1 Salary

0 - 5 years exp. (28 salaries)

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₹2 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Assistant Manager 1 Salary

0 - 4 years exp. (40 salaries)

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₹2.1 L/yr - ₹5 L/yr

arrow icon 10% more
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Axis Bank Assistant Manager 1 Salary

1 - 5 years exp. (4 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 21% more
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₹3 L/yr - ₹4.5 L/yr

arrow icon 16% more
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Kotak Securities Assistant Manager 1 Salary

1 - 6 years exp. (7 salaries)

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₹2.2 L/yr - ₹3.4 L/yr

arrow icon 7% less
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₹2.6 L/yr - ₹4.1 L/yr

arrow icon 7% more
Assistant Manager 1 salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 28 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Assistant Manager 1 in Mumbai

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Experience wise Kotak Mahindra Bank Assistant Manager 1 salaries in Mumbai

Last Updated: 30 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.6 L/yr
1 year  (7 salaries)

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₹2 L/yr - ₹3.2 L/yr
2 years  (5 salaries)

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₹2 L/yr - ₹3.5 L/yr
3 years  (5 salaries)

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₹2.1 L/yr - ₹3.5 L/yr
4 years  (6 salaries)

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₹2.1 L/yr - ₹4 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(3.3k salaries)
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₹1.65 L/yr - ₹8 L/yr
Sales Manager Salary
(133 salaries)
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₹1.8 L/yr - ₹10.7 L/yr
Branch Manager Salary
(133 salaries)
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₹7.5 L/yr - ₹25.56 L/yr
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₹2 L/yr - ₹9 L/yr
Team Manager Salary
(27 salaries)
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₹2 L/yr - ₹11.2 L/yr
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₹2.78 L/yr - ₹3.2 L/yr

Salary related reviews for Kotak Mahindra Bank

2.6

Rated by 4 employees for salary & benefits

Full Time

 · 

Other Department

5.0
  •  posted on 17 May 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more

Dislikes

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

Finance & Accounting Department

5.0
  •  posted on 23 Apr 2021

3.0
 for  Salary and Benefits

Likes

...eteria and gaming academy for chilling company policies are good appraisals are fair and they give good salary hike and bonus every year

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Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow there is a bond of 2 year before which you cannot resign on the job training is not given to new joinees

read more

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

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

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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.

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Dislikes

Salary, promortion - these are the worst over here.

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.

read 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.

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Kotak Mahindra Bank Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Kotak Mahindra Bank Mumbai?
Assistant Manager 1 salary at Kotak Mahindra Bank in Mumbai ranges between ₹2.0 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 14% less than the average Assistant Manager 1 Salary in India. Salary estimates are based on 28 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.
How does the salary of a Assistant Manager 1 at Kotak Mahindra Bank Mumbai compare with the average salary range for this job?
The average salary of a Assistant Manager 1 at Kotak Mahindra Bank is 14% less than the average salary of a Assistant Manager 1 in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Assistant Manager 1 in Mumbai?
  • Axis Bank Assistant Manager 1 Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
  • Utkarsh Small Finance Bank Assistant Manager 1 Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
  • ICICI Bank Assistant Manager 1 Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year
  • Equitas Small Finance Bank Assistant Manager 1 Salary - ₹2.6 Lakhs to ₹4.1 Lakhs per year
What is the salary of a Assistant Manager 1 in companies similar to Kotak Mahindra Bank in Mumbai?
  • Kotak Securities Assistant Manager 1 Salary - ₹2.2 Lakhs to ₹3.4 Lakhs per year
What is the estimated take home salary of a Assistant Manager 1 at Kotak Mahindra Bank in Mumbai?
The estimated take-home salary of a Assistant Manager 1 at Kotak Mahindra Bank ranges between ₹22,748 per month to ₹24,220 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Manager 1 salary in India which ranges between ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager 1 at Kotak Mahindra Bank in Mumbai?
According to AmbitionBox, 71% of the Kotak Mahindra Bank Assistant Manager 1s in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 21 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Assistant Manager 1 salary in Mumbai ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 28 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.