Kotak Mahindra Bank Assistant Manager Finance Salaries by 20+ Employees

0 - 5 years exp.

₹2.2 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

70% less than the average Assistant Manager Finance Salary in Banking Companies for 0 - 5 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Finance Salary 2 - 4 years exp. (8 salaries)	₹2.3 L/yr - ₹3.1 L/yr
Finance & Accounting Assistant Manager Finance Salary 0 - 4 years exp. (5 salaries)	₹2.5 L/yr - ₹3.2 L/yr
Login to view exact salary
Customer Success, Service & Operations Assistant Manager Finance Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr

Last Updated: 21 Oct 2023

Companies similar to Kotak Mahindra Bank for Assistant Manager Finance

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Assistant Manager Finance Salary 3 - 8 years exp. (13 salaries)	₹2.5 L/yr - ₹4.5 L/yr 11% more
IndusInd Bank Assistant Manager Finance Salary 1 - 7 years exp. (12 salaries)	₹2 L/yr - ₹4 L/yr 3% more
Login to view exact salary
Axis Bank Assistant Manager Finance Salary 1 - 8 years exp. (9 salaries)	₹2.2 L/yr - ₹4.5 L/yr 7% more
HDFC Bank Assistant Manager Finance Salary 3 - 9 years exp. (7 salaries)	₹3.2 L/yr - ₹3.5 L/yr 14% more
Ujjivan Small Finance Bank Assistant Manager Finance Salary 3 - 14 years exp. (5 salaries)	₹7.3 L/yr - ₹10.5 L/yr 149% more
Bandhan Bank Assistant Manager Finance Salary 3 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹4.1 L/yr 14% more
IDFC FIRST Bank Assistant Manager Finance Salary 4 - 12 years exp. (4 salaries)	₹3.1 L/yr - ₹6 L/yr 60% more
Federal Bank Assistant Manager Finance Salary 3 - 5 years exp. (4 salaries)	₹7 L/yr - ₹8 L/yr 146% more
HSBC Global Banking and Markets Assistant Manager Finance Salary 0 - 12 years exp. (4 salaries)	₹6 L/yr - ₹10.5 L/yr 178% more
Karur Vysya Bank Assistant Manager Finance Salary 5 - 9 years exp. (4 salaries)	₹7 L/yr - ₹10.3 L/yr 190% more
IDBI Bank Assistant Manager Finance Salary 2 - 3 years exp. (3 salaries)	₹6 L/yr - ₹9.6 L/yr 175% more
Login to view exact salary
Yes Bank Assistant Manager Finance Salary 1 - 7 years exp. (3 salaries)	₹4 L/yr - ₹4.3 L/yr 40% more
RBL Bank Assistant Manager Finance Salary 2 years exp. (3 salaries)	₹6.6 L/yr - ₹8 L/yr 145% more
Paytm Payments Bank Assistant Manager Finance Salary 5 - 9 years exp. (3 salaries)	₹8.8 L/yr - ₹12.3 L/yr 229% more

Assistant Manager Finance salary at Kotak Mahindra Bank ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 20 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager Finance salaries

Last Updated: 21 Oct 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.4 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.2 L/yr
Login to view exact salary
2 years (4 salaries)	₹2.3 L/yr - ₹3.1 L/yr
3 years (7 salaries)	₹2.3 L/yr - ₹3.5 L/yr
4 years (3 salaries)	₹3 L/yr - ₹3.1 L/yr
5 years (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Kotak Mahindra Bank

Credit Manager Salary

(1k salaries)

₹3.71 L/yr - ₹15.4 L/yr

Credit Processing Associate Salary

(402 salaries)

₹1.52 L/yr - ₹4 L/yr

Senior Manager Credit Salary

(389 salaries)

₹7 L/yr - ₹16 L/yr

Credit Analyst Salary

(250 salaries)

₹5.86 L/yr - ₹16 L/yr

Finance Executive Salary

(116 salaries)

₹1.2 L/yr - ₹4 L/yr

Credit Officer Salary

(101 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Banking Assistant Salary

(84 salaries)

₹1.45 L/yr - ₹4.28 L/yr

Internal Auditor Salary

(82 salaries)

₹3.36 L/yr - ₹12 L/yr

Area Credit Manager Salary

(73 salaries)

₹6.5 L/yr - ₹23.6 L/yr

Accountant Salary

(67 salaries)

₹1.55 L/yr - ₹4.6 L/yr

Salary related reviews for Kotak Mahindra Bank

2.2

Rated by 5 employees for salary & benefits

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

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Assistant Manager Finance Salary FAQs

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

The average salary of a Assistant Manager Finance at Kotak Mahindra Bank in India typically ranges from ₹2.2 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Assistant Manager Finance at Kotak Mahindra Bank earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Assistant Manager Finance Salaries at Kotak Mahindra Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Assistant Manager Finance at Kotak Mahindra Bank in India typically ranges from ₹21,930 to ₹23,414 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Kotak Mahindra Bank for Assistant Manager Finance in India?

Paytm Payments Bank	₹8.8 Lakhs to ₹12.3 Lakhs per year
Karur Vysya Bank	₹7.0 Lakhs to ₹10.3 Lakhs per year
HSBC Global Banking and Markets	₹6.0 Lakhs to ₹10.5 Lakhs per year
IDBI Bank	₹6.0 Lakhs to ₹9.6 Lakhs per year
Ujjivan Small Finance Bank	₹7.3 Lakhs to ₹10.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.

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

The salary of a Assistant Manager Finance at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Federal Bank	₹7.0 Lakhs to ₹8.0 Lakhs per year
RBL Bank	₹6.6 Lakhs to ₹8.0 Lakhs per year
IDFC FIRST Bank	₹3.1 Lakhs to ₹6.0 Lakhs per year
Yes Bank	₹4.0 Lakhs to ₹4.3 Lakhs per year
HDFC Bank	₹3.2 Lakhs to ₹3.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Manager Finance at Kotak Mahindra Bank in India?

The salary growth for a Assistant Manager Finance at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Finance can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
Fresher	₹2.9 Lakhs to ₹5.4 Lakhs per year
1 year	₹2.2 Lakhs to ₹3.2 Lakhs per year
2 years	₹2.3 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.5 Lakhs per year

and so on.

Tell us how to improve this page.

Kotak Mahindra Bank Assistant Manager Finance Salaries by Location

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Assistant Manager Finance Salaries

Kotak Mahindra Bank Assistant Manager Finance salary in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.