Kotak Mahindra Bank Pune Assistant Manager 1 Salaries by 4 Employees (Updated 2024)

2 - 4 years exp.

₹2 Lakhs - ₹3.2 Lakhs

Salary of majority employees

13% less than the average Assistant Manager 1 Salary in Banking Companies for 2 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager 1 Salary 2 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3.2 L/yr
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Sales & Business Development Assistant Manager 1 Salary 4 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.2 L/yr

Last Updated: 16 Mar 2023

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

Kotak Mahindra Bank Assistant Manager 1 Salary

2 - 4 years exp. (4 salaries)

₹2 L/yr - ₹3.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager 1 Salary 3 - 5 years exp. (4 salaries)	₹3.4 L/yr - ₹4.5 L/yr 9% more
ICICI Bank Assistant Manager 1 Salary 0 - 4 years exp. (15 salaries)	₹2.3 L/yr - ₹3.8 L/yr 6% more
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Haier Appliances India Assistant Manager 1 Salary 6 - 9 years exp. (4 salaries)	₹6.3 L/yr - ₹7.2 L/yr 111% more
PRA Realty (I) Assistant Manager 1 Salary 3 - 5 years exp. (3 salaries)	₹3.1 L/yr - ₹3.9 L/yr 6% more

Assistant Manager 1 salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager 1 salaries in Pune

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.7 L/yr
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.7 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary

(828 salaries)

₹1.75 L/yr - ₹7.5 L/yr

Sales Manager Salary

(90 salaries)

₹1.5 L/yr - ₹11 L/yr

Branch Manager Salary

(52 salaries)

₹7 L/yr - ₹21 L/yr

Operations Manager Salary

(19 salaries)

₹4 L/yr - ₹8.89 L/yr

Team Manager Salary

(7 salaries)

₹3 L/yr - ₹8.06 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.

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

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

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

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.

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What people are saying about Kotak Mahindra Bank

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an associate vice president

Hi Bowls, Kindly share reference in Banking and NBFC for regional/zonal roles in sales in Home loans and mortgages vertical.

Regional/Zonal toles

Delhi NCR,Noida&Gurgaon

Mortgages Sales

4 participants . expiring in 3h

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Kotak Mahindra Bank Assistant Manager 1 Salary FAQs

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

Assistant Manager 1 salary at Kotak Mahindra Bank in Pune ranges between ₹2.0 Lakhs to ₹3.2 Lakhs for experience between 2 years to 4 years. According to our estimates it is 13% less than the average Assistant Manager 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Pune.

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

The average salary of a Assistant Manager 1 at Kotak Mahindra Bank is 13% less than the average salary of a Assistant Manager 1 in Pune. To know exact salary insights, login to view.

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

Haier Appliances India Assistant Manager 1 Salary - ₹6.3 Lakhs to ₹7.2 Lakhs per year
HDFC Bank Assistant Manager 1 Salary - ₹3.4 Lakhs to ₹4.5 Lakhs per year
PRA Realty (I) Assistant Manager 1 Salary - ₹3.1 Lakhs to ₹3.9 Lakhs per year
ICICI Bank Assistant Manager 1 Salary - ₹2.3 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Assistant Manager 1 at Kotak Mahindra Bank ranges between ₹23,045 per month to ₹24,513 per month in Pune. 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 ₹3.2 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager 1 at Kotak Mahindra Bank in Pune?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Assistant Manager 1s in Pune reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Manager 1 Salaries in Pune

Kotak Mahindra Bank Assistant Manager 1 salary in Pune ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.