Kotak Mahindra Bank Mumbai Assistant Manager Finance Salaries by 10+ Employees (Updated 2025)

1 - 7 years exp.

₹1.9 Lakh - ₹3.6 Lakhs

Salary of majority employees

75% less than the average Assistant Manager Finance Salary in Banking Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Finance Salary 1 - 7 years exp. (8 salaries)	₹2.3 L/yr - ₹3.6 L/yr
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Finance & Accounting Assistant Manager Finance Salary 1 - 4 years exp. (7 salaries)	₹1.9 L/yr - ₹3.2 L/yr

Last Updated: 14 Mar 2023

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

Kotak Mahindra Bank Assistant Manager Finance Salary

1 - 7 years exp. (15 salaries)

₹1.9 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Finance Salary 3 - 9 years exp. (5 salaries)	₹3.2 L/yr - ₹3.5 L/yr 18% more
ICICI Bank Assistant Manager Finance Salary 4 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr 31% more
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Axis Bank Assistant Manager Finance Salary 2 - 6 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 16% more
Yes Bank Assistant Manager Finance Salary 1 - 7 years exp. (3 salaries)	₹4 L/yr - ₹4.3 L/yr 47% more
Hindustan Unilever Assistant Manager Finance Salary 0 - 11 years exp. (67 salaries)	₹11.4 L/yr - ₹28 L/yr 631% more

Assistant Manager Finance salary at Kotak Mahindra Bank ranges between ₹1.9 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager Finance salaries in Mumbai

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.3 L/yr - ₹3.2 L/yr
2 years (5 salaries)	₹1.9 L/yr - ₹3.6 L/yr
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3 years (5 salaries)	₹2.3 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.4 L/yr

View all

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Salary related reviews for Kotak Mahindra Bank

2.2

Rated by 2 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

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

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

Dislikes

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

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

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

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.

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.

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.

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.

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Kotak Mahindra Bank Assistant Manager Finance Salary FAQs

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

Assistant Manager Finance salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.9 Lakhs to ₹3.6 Lakhs for experience between 1 years to 7 years. According to our estimates it is 75% less than the average Assistant Manager Finance Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Assistant Manager Finance at Kotak Mahindra Bank is 75% less than the average salary of a Assistant Manager Finance in Mumbai. To know exact salary insights, login to view.

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

Hindustan Unilever Assistant Manager Finance Salary - ₹11.4 Lakhs to ₹28.0 Lakhs per year
Yes Bank Assistant Manager Finance Salary - ₹4.0 Lakhs to ₹4.3 Lakhs per year
ICICI Bank Assistant Manager Finance Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year
HDFC Bank Assistant Manager Finance Salary - ₹3.2 Lakhs to ₹3.5 Lakhs per year
Axis Bank Assistant Manager Finance Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Finance at Kotak Mahindra Bank ranges between ₹20,786 per month to ₹22,438 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Manager Finance salary in India which ranges between ₹1.9 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager Finance at Kotak Mahindra Bank in Mumbai?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Assistant Manager Finances in Mumbai reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Manager Finance Salaries in Mumbai

Kotak Mahindra Bank Assistant Manager Finance salary in Mumbai ranges between ₹1.9 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Assistant Manager Finance salaries in Mumbai

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

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

Experience wise Kotak Mahindra Bank Assistant Manager Finance salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Salary related reviews for Kotak Mahindra Bank

Credit Manager in Mumbai

Credit Processing Associate in New Delhi

Credit Associate in Nagpur

Credit Processing Associate in Kotak House Near Trinity Metro Station Bangalore

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Kotak Mahindra Bank Assistant Manager Finance Salary FAQs

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