Kotak Mahindra Bank Assistant Manager Service Salaries by 20+ Employees (Updated 2025)

0 - 7 years exp.

₹2.4 Lakhs - ₹3.9 Lakhs

Salary of majority employees

60% less than the average Assistant Manager Service Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Assistant Manager Service Salary 2 - 6 years exp. (9 salaries)	₹2.4 L/yr - ₹3.9 L/yr
BFSI, Investments & Trading Assistant Manager Service Salary 2 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹3.4 L/yr
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Engineering - Software & QA Assistant Manager Service Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
Finance & Accounting Assistant Manager Service Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3 L/yr

Last Updated: 24 Dec 2024

Companies similar to Kotak Mahindra Bank for Assistant Manager Service

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Service Salary 1 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹4.5 L/yr 16% more
ICICI Bank Assistant Manager Service Salary 2 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹3 L/yr 2% less
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Axis Bank Assistant Manager Service Salary 0 - 5 years exp. (7 salaries)	₹2.5 L/yr - ₹4.5 L/yr 18% more
IndusInd Bank Assistant Manager Service Salary 2 - 4 years exp. (5 salaries)	₹1.9 L/yr - ₹3.3 L/yr 7% less
Bandhan Bank Assistant Manager Service Salary 0 - 6 years exp. (5 salaries)	₹3 L/yr - ₹5.2 L/yr 28% more

Assistant Manager Service salary at Kotak Mahindra Bank ranges between ₹2.4 Lakhs to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager Service salaries

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.9 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹5 L/yr
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2 years (3 salaries)	₹2.4 L/yr - ₹5.1 L/yr
3 years (6 salaries)	₹2.6 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
5 years (5 salaries)	₹3 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.7 L/yr

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Similar Designation salaries in Kotak Mahindra Bank

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(11.3k salaries)

₹1.65 L/yr - ₹8.5 L/yr

Associate Vice President Salary

(1.4k salaries)

₹8.25 L/yr - ₹34 L/yr

Chief Manager Salary

(894 salaries)

₹8.8 L/yr - ₹31 L/yr

Sales Executive Salary

(883 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Junior Associate Salary

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₹1 L/yr - ₹4.05 L/yr

Relationship Officer Salary

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₹1.88 L/yr - ₹6.05 L/yr

Assistant Acquisition Manager Salary

(770 salaries)

₹1.2 L/yr - ₹4.5 L/yr

Product Manager Salary

(558 salaries)

₹6.5 L/yr - ₹25 L/yr

Team Lead Salary

(408 salaries)

₹1.5 L/yr - ₹6.93 L/yr

Business Analyst Salary

(311 salaries)

₹4.5 L/yr - ₹18.47 L/yr

Salary related reviews for Kotak Mahindra Bank

3.2

Rated by 6 employees for salary & benefits

Associate Vice President in Noida

Full Time

Production, Manufacturing & Engineering Department

3.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

It's a reputed organization. U get salary at right time.

Job security - Good

Dislikes

...is toxic. No recognition or appreciation for good work and no work life balance. Increment in salary is nominal. No Promotions to good employees rather are given to those who threatns to resign or on notice period.

Work satisfaction - Poor

+2 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

Junior Associate in Thane

Full Time

Other Department

5.0

• posted on 12 Nov 2024

5.0

for Salary and Benefits

Likes

62% of Kotak Mahindra Bank employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Kotak Mahindra Bank 3.3 out of 5 for work life balance, 3.5 for culture and values and 3.6 for career opportunities.

Salary - Excellent

+6 more

Dislikes

Some say there is no work-life balance, and that employees work long hours, including on holidays Salary: Some say that salaries are low Management: Some say that management is bad and that rules are not followed Company politics: Some say that company politics and policies are an issue Targets: Some say that targets are high, but the services are not good Working culture: Some say that the working culture is not good

Operations Manager in Goregaon

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

There is no work pressure its harmful for your future

Job security - Excellent

Dislikes

...s per system constraint kotak bank not developed as compared to hdfc axis icici.also so many employees left the job from kotak because kotak gives very less salary to there staff

Salary - Bad

+5 more

Junior Associate in Coimbatore

Full Time

Sales & Business Development Department

3.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

I'm working from kotak 2021to still, it's more comfortable office to me with supportive team and management

Skill development - Excellent

+3 more

Dislikes

Actually I'm working at kotak for past 3 years when I join here my salary monthly 12000 , 3 years gone and also march 2023 I got promotion as a team leader, I given good support to my team also given good business but still I didn't get hike and 12000 only I'm getting. So i need salary improvement for my effective work and do the needful

Salary - Bad

+1 more

see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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malleshkuruva

works at

Kotak Mahindra Bank

How to get more interview calls and which website better to upload resume

Hello everyone, I have 3.6years of experience in the bank industry.i want to left from my current organisation to another organisation. My current CTC is 4.75lpa and how much CTC can I expect from another organisation. Kindly suggest me.

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Kotak Mahindra Bank Assistant Manager Service Salary FAQs

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

Assistant Manager Service salary at Kotak Mahindra Bank in India ranges between ₹2.4 Lakhs to ₹3.9 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 60% less than the average Assistant Manager Service Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Kotak Mahindra Bank India.

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

The average salary of a Assistant Manager Service at Kotak Mahindra Bank is 60% less than the average salary of a Assistant Manager Service in India. To know exact salary insights, login to view.

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

Bandhan Bank Assistant Manager Service Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
Axis Bank Assistant Manager Service Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
HDFC Bank Assistant Manager Service Salary - ₹2.8 Lakhs to ₹4.5 Lakhs per year

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

ICICI Bank Assistant Manager Service Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
IndusInd Bank Assistant Manager Service Salary - ₹1.9 Lakhs to ₹3.3 Lakhs per year

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

The estimated take-home salary of a Assistant Manager Service at Kotak Mahindra Bank ranges between ₹20,988 per month to ₹22,636 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Manager Service salary in India which ranges between ₹2.4 Lakhs to ₹3.9 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Kotak Mahindra Bank Assistant Manager Services reported a notice period of 1 Month, 38% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Manager Service Salaries

Kotak Mahindra Bank Assistant Manager Service salary in India ranges between ₹2.4 Lakhs to ₹3.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.