Kotak Mahindra Bank New Delhi Assistant Manager M1 Salaries by 8 Employees (Updated 2025)

0 - 3 years exp.

₹3.3 Lakhs - ₹4 Lakhs

Salary of majority employees

15% less than the average Assistant Manager M1 Salary in Banking Companies for 0 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Assistant Manager M1 Salary 0 - 3 years exp. (4 salaries)	₹3.3 L/yr - ₹4 L/yr
Finance & Accounting Assistant Manager M1 Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
Login to view exact salary
BFSI, Investments & Trading Assistant Manager M1 Salary 1 year exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.4 L/yr
Sales & Business Development Assistant Manager M1 Salary 2 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4 L/yr

Last Updated: 8 Nov 2024

Assistant Manager M1 salary at Kotak Mahindra Bank ranges between ₹3.3 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager M1 salaries in New Delhi

Last Updated: 8 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.5 L/yr
1 year (3 salaries)	₹1.3 L/yr - ₹3.5 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4 L/yr

Salary related reviews for Kotak Mahindra Bank

Principal Software Engineer in Bangalore / Bengaluru

Full Time

Project & Program Management Department

2.0

• posted on 27 Dec 2024

2.0

for Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

Salary - Poor

+4 more

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

Salary - Good

+1 more

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

Job security - Bad

+2 more

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.

Salary - Good

+1 more

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.

Skill development - Bad

+3 more

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.

Salary - Poor

+4 more

Deputy Manager Operations in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 19 Nov 2024

2.0

for Salary and Benefits

Likes

Salary, if you are a good negotiator.

Dislikes

It is a good place for those who came as avp and above. On ground level there is no work life balance and job securities. The main problem is about the culture, so many conference call happens where only limited time employees get for their work. Imbalance professionalism.

Salary - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about Kotak Mahindra Bank

View All

an assistant manager

With online education becoming more popular, many professionals are opting for an Online MBA instead of a traditional one. But does it really offer the same value? Some key questions to consider: •Does it provide the same career opportunities and salary boost as a regular MBA? •How do employers view online MBAs compared to full-time programs? •Are the networking and learning experiences just as effective? •Is the cost justified by the return on investment? If you’ve completed or are considering an Online MBA, I’d love to hear your thoughts! Was it worth it for you? Why or why not? Let’s discuss!

Is an Online MBA Really Worth It?

Yes

Can be, if properly planned

8 participants . expiring in 2w

Got a question about Kotak Mahindra Bank?

Ask anonymously on communities.

Kotak Mahindra Bank Assistant Manager M1 Salary FAQs

What is the salary of Assistant Manager M1 at Kotak Mahindra Bank New Delhi?

Assistant Manager M1 salary at Kotak Mahindra Bank in New Delhi ranges between ₹3.3 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 15% less than the average Assistant Manager M1 Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Kotak Mahindra Bank New Delhi.

How does the salary of a Assistant Manager M1 at Kotak Mahindra Bank New Delhi compare with the average salary range for this job?

The average salary of a Assistant Manager M1 at Kotak Mahindra Bank is 15% less than the average salary of a Assistant Manager M1 in New Delhi. To know exact salary insights, login to view.

What is the estimated take home salary of a Assistant Manager M1 at Kotak Mahindra Bank in New Delhi?

The estimated take-home salary of a Assistant Manager M1 at Kotak Mahindra Bank ranges between ₹24,600 per month to ₹26,045 per month in New Delhi. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Manager M1 salary in India which ranges between ₹3.3 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager M1 at Kotak Mahindra Bank in New Delhi?

According to AmbitionBox, 50% of the Kotak Mahindra Bank Assistant Manager M1s in New Delhi reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Kotak Mahindra Bank Salaries >
Kotak Mahindra Bank Assistant Manager M1 Salaries >
Kotak Mahindra Bank Assistant Manager M1 Salaries in New Delhi

Kotak Mahindra Bank Assistant Manager M1 salary in New Delhi ranges between ₹3.3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.