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Kotak Mahindra Bank Assistant Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
0 - 9 years exp.
₹1.5 Lakh - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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59% less than the average Assistant Manager Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Assistant Manager Salary
0 - 7 years exp. (361 salaries)
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₹1.5 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
0 - 8 years exp. (338 salaries)
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₹1.8 L/yr - ₹4.7 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 8 years exp. (272 salaries)
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₹1.8 L/yr - ₹5 L/yr

Sales & Business Development
Assistant Manager Salary
0 - 8 years exp. (140 salaries)
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₹2 L/yr - ₹4.5 L/yr

Marketing & Communication
Assistant Manager Salary
0 - 9 years exp. (37 salaries)
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₹2 L/yr - ₹4.5 L/yr

Last Updated: 22 Mar 2025

Companies similar to Kotak Mahindra Bank for Assistant Manager in Bangalore / Bengaluru

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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (1.4k salaries)

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₹1.5 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Bank Assistant Manager Salary

0 - 9 years exp. (1.8k salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 17% more
2 job openings
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HDFC Bank Assistant Manager Salary

0 - 11 years exp. (997 salaries)

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₹2 L/yr - ₹7.2 L/yr

arrow icon 13% more
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ICICI Bank Assistant Manager Salary

0 - 7 years exp. (960 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 14% more
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Yes Bank Assistant Manager Salary

0 - 10 years exp. (278 salaries)

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₹2.3 L/yr - ₹6.5 L/yr

arrow icon 32% more
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₹5.8 L/yr - ₹13.7 L/yr

arrow icon 155% more
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IDFC FIRST Bank Assistant Manager Salary

0 - 9 years exp. (142 salaries)

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₹2.4 L/yr - ₹6.5 L/yr

arrow icon 41% more
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Jana Small Finance Bank Assistant Manager Salary

1 - 10 years exp. (128 salaries)

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₹2 L/yr - ₹6.8 L/yr

arrow icon 28% more
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IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (111 salaries)

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₹2 L/yr - ₹5.3 L/yr

arrow icon 10% more
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Bandhan Bank Assistant Manager Salary

0 - 11 years exp. (108 salaries)

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₹2.3 L/yr - ₹5 L/yr

arrow icon 10% more
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Federal Bank Assistant Manager Salary

0 - 9 years exp. (102 salaries)

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₹5.5 L/yr - ₹18 L/yr

arrow icon 258% more
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Assistant Manager salary at Kotak Mahindra Bank ranges between ₹1.5 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 1.4k latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Assistant Manager in Bangalore / Bengaluru

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Experience wise Kotak Mahindra Bank Assistant Manager salaries in Bangalore / Bengaluru

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
Fresher  (132 salaries)

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₹2 L/yr - ₹4.7 L/yr
1 year  (273 salaries)

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₹1.5 L/yr - ₹4.5 L/yr
2 years  (331 salaries)

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₹1.5 L/yr - ₹4.6 L/yr
3 years  (305 salaries)

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₹1.9 L/yr - ₹5 L/yr
4 years  (176 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
View all
Kotak Mahindra Bank Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 9 years exp.

Deputy Manager

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0 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Kotak Mahindra Bank

Deputy Manager Salary
(1.5k salaries)
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₹2 L/yr - ₹8.5 L/yr
Branch Manager Salary
(126 salaries)
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₹7 L/yr - ₹24 L/yr
Sales Manager Salary
(71 salaries)
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₹2 L/yr - ₹11 L/yr
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₹4 L/yr - ₹9.75 L/yr
Team Manager Salary
(13 salaries)
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₹3.46 L/yr - ₹14 L/yr

Top skills at Kotak Mahindra Bank for Assistant Manager

Casa Current Account Sales Insurance Field Sales

Salary related reviews for Kotak Mahindra Bank

3.6

Rated by 181 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 02 Apr 2025

3.0
 for  Salary and Benefits

Likes

highlight your interest in their innovative digital banking services, focus on customer satisfaction, and rapid growth, aligning your skills and experience with their values and goals.

read more
  • Skill development - Good
  • +2 more

Dislikes

Not grown in the bank and salary also low

Customer Support and video kyc Department

4.0
  •  posted on 03 May 2022

3.0
 for  Salary and Benefits

Likes

It is great company to start your career. It has lot to learn and very supportive management. For the female employee it is very good company to do job. Team managers and team leader are really supportive and guide you in right way.

read more
  • Job security - Excellent
  • +3 more

Dislikes

Salary hike is less and promotion depends on the target achieved in the floor, HR policies are good but HRs are unactive most of the time.

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Rpc Department

2.0
  •  posted on 08 Feb 2022

1.0
 for  Salary and Benefits

Likes

Not at all employee friendly, don’t get better compensation and forget about perks and benefits . Stress-full high volume work. Good for people to gain initial experience in retail banking, definitely no for long career

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  • Job security - Excellent

Dislikes

No perks and benifits

  • Salary - Bad
  • +4 more

RA Department

4.0
  •  posted on 02 Oct 2019

4.0
 for  Salary and Benefits

Likes

It was great working with kotak. M glad that i was a part of KTK. I learn so much here. It was my first job, friendly environments. Helpful TL managers colegues.

read more
  • Salary - Good
  • +6 more

Dislikes

There is nothing that one can dislike anything here. The only reason i left the job is package, as per my requirment it was not sufficient, so... But hope this issue will definitly resolved very soon.

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BFSI, Investments & Trading Department

5.0
  •  posted on 27 Feb 2019

2.0
 for  Salary and Benefits

Likes

Work environment is good,job security also good

  • Skill development - Good
  • +3 more

Dislikes

Compensation is decent,but growth is very slow..mangers do not value an individuals unique strengths, which is why I have to take back my suggestions most of the times

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  • Salary - Poor
  • +1 more
see more salary related reviews

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What people are saying about Kotak Mahindra Bank

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malleshkuruva
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2w
works at
Kotak Mahindra Bank
I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.
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Kotak Mahindra Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?
The average salary of a Assistant Manager at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹1.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Assistant Manager in Bangalore / Bengaluru at Kotak Mahindra Bank earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Manager 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 1400+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Assistant Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?
The estimated take-home salary of a Assistant Manager at Kotak Mahindra Bank in Bangalore / Bengaluru typically ranges from ₹25,648 to ₹27,077 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 1400+ salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Kotak Mahindra Bank in Bangalore / Bengaluru?
To be a Assistant Manager at Kotak Mahindra Bank in Bangalore / Bengaluru, the key skills required include:

  • - Casa
  • - Current Account
  • - Sales
  • - Insurance
  • - Field Sales

These skills are highly valued at Kotak Mahindra Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Kotak Mahindra Bank for Assistant Manager in India?
Barclays Investment Bank ₹10.2 Lakhs to ₹14.0 Lakhs per year
Bank of Baroda ₹5.5 Lakhs to ₹20.0 Lakhs per year
Federal Bank ₹5.5 Lakhs to ₹18.0 Lakhs per year
Canara Bank ₹6.0 Lakhs to ₹18.0 Lakhs per year
IDBI Bank ₹6.0 Lakhs to ₹17.0 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 in companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru?
The salary of a Assistant Manager at companies similar to Kotak Mahindra Bank in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

South Indian Bank ₹6.3 Lakhs to ₹16.0 Lakhs per year
Union Bank of India ₹6.2 Lakhs to ₹14.0 Lakhs per year
Paytm Payments Bank ₹7.4 Lakhs to ₹10.8 Lakhs per year
Central Bank of India ₹7.0 Lakhs to ₹10.7 Lakhs per year
Karur Vysya Bank ₹6.0 Lakhs to ₹16.3 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 at Kotak Mahindra Bank in Bangalore / Bengaluru?
The salary growth for a Assistant Manager at Kotak Mahindra Bank in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Bangalore / Bengaluru can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹4.7 Lakhs per year
1 year ₹1.5 Lakhs to ₹4.5 Lakhs per year
2 years ₹1.5 Lakhs to ₹4.6 Lakhs per year
3 years ₹1.9 Lakhs to ₹5.0 Lakhs per year
and so on.

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Kotak Mahindra Bank Assistant Manager salary in Bangalore / Bengaluru ranges between ₹1.5 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 1.4k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.