Kotak Mahindra Bank Assistant Manager Accounts Payable Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹3 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

61% less than the average Assistant Manager Accounts Payable Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Accounts Payable Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.5 L/yr
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BFSI, Investments & Trading Assistant Manager Accounts Payable Salary 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 5 Mar 2025

Companies similar to Kotak Mahindra Bank for Assistant Manager Accounts Payable

Company name	Avg Annual Salary	Open Jobs
Genpact Assistant Manager Accounts Payable Salary 7 - 14 years exp. (74 salaries)	₹4.9 L/yr - ₹9.9 L/yr 161% more	2 job openings
Accenture Assistant Manager Accounts Payable Salary 9 - 14 years exp. (26 salaries)	₹8.9 L/yr - ₹15 L/yr 268% more
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IBM Assistant Manager Accounts Payable Salary 7 - 10 years exp. (14 salaries)	₹6 L/yr - ₹8.8 L/yr 150% more
Infosys BPM Assistant Manager Accounts Payable Salary 11 - 17 years exp. (13 salaries)	₹5.7 L/yr - ₹14.3 L/yr 152% more
EXL Service Assistant Manager Accounts Payable Salary 4 - 11 years exp. (9 salaries)	₹5.1 L/yr - ₹7 L/yr 89% more

Assistant Manager Accounts Payable salary at Kotak Mahindra Bank ranges between ₹3 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager Accounts Payable salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

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Salary related reviews for Kotak Mahindra Bank

Credit Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 23 Sep 2023

1.0

for Salary and Benefits

Likes

Skill Development and Learning

Skill development - Good

Dislikes

No Work-Life balance,no Salary & Benefits,not happy with Promotions / Appraisal,no Work Satisfaction,I don't kwon Company Culture, but department culture is veridis happy

Salary - Bad

+5 more

Credit Processing Associate in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2022

2.0

for Salary and Benefits

Likes

Good place to learn and for skill development got nice exposure of work.. and load of work is average so you got time for work and life both.. Nice place for learn

Skill development - Good

+1 more

Dislikes

It's a offroll job , so there is No salary increment for CPA ( credit processing associates) no other benefits..

Salary - Poor

+2 more

Credit Associate in Nagpur

Full Time

Other Department

2.0

• posted on 14 Feb 2023

1.0

for Salary and Benefits

Likes

Overall good mentor is good... Work is also ok... Bosses are good in nature

Company culture - Good

Dislikes

There is no salary hike in last 4 year... No growth in position.... Working in same salary & in same position from last 4 year

Salary - Bad

+2 more

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

Other Department

5.0

• posted on 29 May 2022

5.0

for Salary and Benefits

Likes

Kotak Mahindra Bank Business loan process is very good and long process and we will prepartion TAT is very dificulty and Very carfully updated last two yers financials and latest one year GST returns and latest one year Banking perfios after completed TAT easly process the case the working is very easly recomending the casese.

Salary - Excellent

+5 more

Dislikes

More work and less salary, there is no co-ordination in the team, any problem is raised asking me only, our team peoples doing mistakes managers asking me, any big Financial cases shared managers me only.

Promotions - Poor

Credit Analyst in Bangalore / Bengaluru

Wholesale Banking Department

4.0

• posted on 28 May 2022

2.0

for Salary and Benefits

Likes

In terms of other Indian Banks, Kotak is far better when it comes to Work Life Balance and Work Culture. People are much more professional here. You would love it if you become a part of the wholesale banking group.

Skill development - Good

+4 more

Dislikes

Pay is on the lower side with low hikes and bonuses. Even promotions are based on the biasness and not the skill of employees.

Salary - Poor

see more salary related reviews

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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 Accounts Payable Salary FAQs

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

Assistant Manager Accounts Payable salary at Kotak Mahindra Bank in India ranges between ₹3.0 Lakhs to ₹3.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 61% less than the average Assistant Manager Accounts Payable Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Assistant Manager Accounts Payable at Kotak Mahindra Bank is 61% less than the average salary of a Assistant Manager Accounts Payable in India. To know exact salary insights, login to view.

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

Accenture Assistant Manager Accounts Payable Salary - ₹8.9 Lakhs to ₹15.0 Lakhs per year
Genpact Assistant Manager Accounts Payable Salary - ₹4.9 Lakhs to ₹9.9 Lakhs per year
Infosys BPM Assistant Manager Accounts Payable Salary - ₹5.7 Lakhs to ₹14.3 Lakhs per year
IBM Assistant Manager Accounts Payable Salary - ₹6.0 Lakhs to ₹8.8 Lakhs per year
EXL Service Assistant Manager Accounts Payable Salary - ₹5.1 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Accounts Payable at Kotak Mahindra Bank ranges between ₹23,205 per month to ₹24,671 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Manager Accounts Payable salary in India which ranges between ₹3.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Kotak Mahindra Bank Assistant Manager Accounts Payables 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 Accounts Payable Salaries

Kotak Mahindra Bank Assistant Manager Accounts Payable salary in India ranges between ₹3 Lakhs to ₹3.5 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.