Kotak Mahindra Bank New Delhi Assistant Manager 1 Salaries by 9 Employees (Updated 2025)

1 - 5 years exp.

₹2.1 Lakhs - ₹4.5 Lakhs

Salary of majority employees

17% less than the average Assistant Manager 1 Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager 1 Salary 1 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹4.1 L/yr
Marketing & Communication Assistant Manager 1 Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.2 L/yr
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Sales & Business Development Assistant Manager 1 Salary 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹4.5 L/yr

Last Updated: 14 Jan 2025

Companies similar to Kotak Mahindra Bank for Assistant Manager 1 in New Delhi

Kotak Mahindra Bank Assistant Manager 1 Salary

1 - 5 years exp. (9 salaries)

₹2.1 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager 1 Salary 1 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹3.5 L/yr 4% less
Axis Bank Assistant Manager 1 Salary 1 - 3 years exp. (3 salaries)	₹3.9 L/yr - ₹4.3 L/yr 25% more
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Utkarsh Small Finance Bank Assistant Manager 1 Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.7 L/yr 18% more
McDonald's Assistant Manager 1 Salary 3 - 11 years exp. (9 salaries)	₹3 L/yr - ₹4.3 L/yr 20% more
Concentrix Corporation Assistant Manager 1 Salary 5 - 10 years exp. (5 salaries)	₹5.4 L/yr - ₹8.5 L/yr 108% more

Assistant Manager 1 salary at Kotak Mahindra Bank ranges between ₹2.1 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager 1 salaries in New Delhi

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
2 years (4 salaries)	₹2.2 L/yr - ₹4.1 L/yr
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3 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.5 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(1.6k salaries)

₹2 L/yr - ₹8 L/yr

Branch Manager Salary

(123 salaries)

₹8 L/yr - ₹25 L/yr

Sales Manager Salary

(100 salaries)

₹1.8 L/yr - ₹9.93 L/yr

Operations Manager Salary

(23 salaries)

₹3.5 L/yr - ₹9.4 L/yr

Team Manager Salary

(12 salaries)

₹2.35 L/yr - ₹9.9 L/yr

Assistant Branch Manager Salary

(3 salaries)

₹4.4 L/yr - ₹6.25 L/yr

Department Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.05 L/yr

Assistant Manager O&M Salary

(3 salaries)

₹3.1 L/yr - ₹3.8 L/yr

Salary related reviews for Kotak Mahindra Bank

Assistant Manager 1 in Bangalore Rural

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.

Salary - Excellent

+6 more

Dislikes

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

Assistant Manager 1 in Dhar

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

Job security - Good

+4 more

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

Operations Manager in Goregaon

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

Job security - Excellent

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

Salary - Bad

+5 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

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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 1 Salary FAQs

What is the salary of Assistant Manager 1 at Kotak Mahindra Bank New Delhi?

Assistant Manager 1 salary at Kotak Mahindra Bank in New Delhi ranges between ₹2.1 Lakhs to ₹4.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 17% less than the average Assistant Manager 1 Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

How does the salary of a Assistant Manager 1 at Kotak Mahindra Bank New Delhi compare with the average salary range for this job?

The average salary of a Assistant Manager 1 at Kotak Mahindra Bank is 17% less than the average salary of a Assistant Manager 1 in New Delhi. To know exact salary insights, login to view.

Which similar companies are paying more than Kotak Mahindra Bank to a Assistant Manager 1 in New Delhi?

Concentrix Corporation Assistant Manager 1 Salary - ₹5.4 Lakhs to ₹8.5 Lakhs per year
Axis Bank Assistant Manager 1 Salary - ₹3.9 Lakhs to ₹4.3 Lakhs per year
McDonald's Assistant Manager 1 Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year
Utkarsh Small Finance Bank Assistant Manager 1 Salary - ₹3.0 Lakhs to ₹4.7 Lakhs per year

What is the salary of a Assistant Manager 1 in companies similar to Kotak Mahindra Bank in New Delhi?

HDFC Bank Assistant Manager 1 Salary - ₹2.8 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Assistant Manager 1 at Kotak Mahindra Bank in New Delhi?

The estimated take-home salary of a Assistant Manager 1 at Kotak Mahindra Bank ranges between ₹23,547 per month to ₹25,007 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Manager 1 salary in India which ranges between ₹2.1 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years 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 New Delhi?

According to AmbitionBox, 71% of the Kotak Mahindra Bank Assistant Manager 1s in New Delhi reported a notice period of 3 Months, 15% reported a notice period of 15 days or less 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 Manager 1 Salaries in New Delhi

Kotak Mahindra Bank Assistant Manager 1 salary in New Delhi ranges between ₹2.1 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.