Kotak Mahindra Bank Assistant Manager II Salaries by 3 Employees (Updated 2025)

1 - 3 years exp.

₹2 Lakhs - ₹2.9 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Assistant Manager II Salary in Banking Companies for 1 - 3 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Kotak Mahindra Bank for Assistant Manager II

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager II Salary 0 - 8 years exp. (13 salaries)	₹3 L/yr - ₹4.5 L/yr 50% more
ICICI Bank Assistant Manager II Salary 0 - 7 years exp. (1.1k salaries)	₹2.8 L/yr - ₹7 L/yr 63% more
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Axis Bank Assistant Manager II Salary 1 - 8 years exp. (8 salaries)	₹3.3 L/yr - ₹5.5 L/yr 69% more
State Bank of India Assistant Manager II Salary 2 - 11 years exp. (4 salaries)	₹7 L/yr - ₹15 L/yr 290% more
IndusInd Bank Assistant Manager II Salary 2 - 4 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 32% more
Yes Bank Assistant Manager II Salary 4 - 5 years exp. (7 salaries)	₹3.5 L/yr - ₹9.4 L/yr 103% more
IDFC FIRST Bank Assistant Manager II Salary 4 - 6 years exp. (4 salaries)	₹3.4 L/yr - ₹4.6 L/yr 53% more
RBL Bank Assistant Manager II Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹6.1 L/yr 92% more
Bandhan Bank Assistant Manager II Salary 2 - 8 years exp. (7 salaries)	₹3.6 L/yr - ₹4.5 L/yr 61% more
Utkarsh Small Finance Bank Assistant Manager II Salary 2 - 10 years exp. (124 salaries)	₹3 L/yr - ₹6.1 L/yr 86% more
Ujjivan Small Finance Bank Assistant Manager II Salary 0 - 9 years exp. (11 salaries)	₹3.7 L/yr - ₹4.5 L/yr 54% more
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Jana Small Finance Bank Assistant Manager II Salary 2 - 6 years exp. (4 salaries)	₹2.6 L/yr - ₹4.8 L/yr 40% more

Assistant Manager II salary at Kotak Mahindra Bank ranges between ₹2 Lakhs to ₹2.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager II salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.9 L/yr

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Salary related reviews for Kotak Mahindra Bank

4.1

Rated by 2 employees for salary & benefits

Deputy Vice President in Indore

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 23 Dec 2024

4.0

for Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

Branch Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

2.0

• posted on 27 Nov 2024

4.0

for Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

Deputy Branch Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

Timely getting salary .. nothing else

Dislikes

No banking system , customer dissatisfaction, accounts will open 5/7 days after the processing , no worklife balance . Branch manager have to do everything. Recruitment is pathetic. So called RMs are not capable like other bank sales officers also . Bank need business like icici , HDFC , but system is like co operative banks . Products are sucks.

Cluster Head in Shivamogga

Full Time

Other Department

1.0

• posted on 15 Nov 2024

1.0

for Salary and Benefits

Likes

No much applications at branches but very lengthy processes which save the risk on the jobs of employees but the processes take longer time to operate

Dislikes

Salary levels are below par the competition, top management reluctant to retain the performers. Infr & technology are poor which need to be upgraded but reluctant to invest. Looks like more or less an NBFC while driving business

Service Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 05 Feb 2024

1.0

for Salary and Benefits

Likes

All process al very smooth and cooperative staff

Dislikes

Too low salary increament and for promotion BM promote only his dear ones ...person who working hard for bank and vintage staff they simply ignore him while promotion and salary increament

see more salary related reviews

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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 II Salary FAQs

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

According to AmbitionBox, 67% of the Kotak Mahindra Bank Assistant Manager IIs reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Manager II Salaries

Kotak Mahindra Bank Assistant Manager II salary in India ranges between ₹2 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.