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Kotak Mahindra Bank Assistant Manager salaries in Chennai (Updated 2025)

Annual salary range
0 - 9 years exp.
₹1.3 Lakh - ₹4.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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58% less than the average Assistant Manager Salary in Banking Companies for 0 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
0 - 9 years exp. (198 salaries)
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₹1.3 L/yr - ₹4.7 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
0 - 8 years exp. (130 salaries)
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₹1.6 L/yr - ₹4.3 L/yr

Sales & Business Development
Assistant Manager Salary
1 - 9 years exp. (83 salaries)
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₹2 L/yr - ₹4.5 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 8 years exp. (82 salaries)
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₹2 L/yr - ₹4.5 L/yr

Marketing & Communication
Assistant Manager Salary
0 - 6 years exp. (14 salaries)
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₹2 L/yr - ₹3.7 L/yr

Last Updated: 6 Apr 2025

Companies similar to Kotak Mahindra Bank for Assistant Manager in Chennai

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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (628 salaries)

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₹1.3 L/yr - ₹4.7 L/yr

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Company name Avg Annual Salary Open Jobs
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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (1.3k salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 6% more
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Axis Bank Assistant Manager Salary

0 - 9 years exp. (1.1k salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 15% more
1 job opening
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (679 salaries)

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₹2 L/yr - ₹5.3 L/yr

arrow icon 13% more
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Yes Bank Assistant Manager Salary

0 - 11 years exp. (508 salaries)

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₹2.5 L/yr - ₹6.1 L/yr

arrow icon 28% more
1 job opening
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IndusInd Bank Assistant Manager Salary

0 - 11 years exp. (208 salaries)

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₹2 L/yr - ₹5.1 L/yr

arrow icon 9% more
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City Union Bank Assistant Manager Salary

0 - 12 years exp. (191 salaries)

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₹4.5 L/yr - ₹11 L/yr

arrow icon 113% more
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Karur Vysya Bank Assistant Manager Salary

1 - 12 years exp. (157 salaries)

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₹3.5 L/yr - ₹14.3 L/yr

arrow icon 147% more
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IDFC FIRST Bank Assistant Manager Salary

1 - 10 years exp. (94 salaries)

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₹2.9 L/yr - ₹7.1 L/yr

arrow icon 40% more
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RBL Bank Assistant Manager Salary

0 - 10 years exp. (81 salaries)

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₹2.8 L/yr - ₹6 L/yr

arrow icon 17% more
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Federal Bank Assistant Manager Salary

1 - 9 years exp. (56 salaries)

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₹6 L/yr - ₹15 L/yr

arrow icon 260% more
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IDBI Bank Assistant Manager Salary

0 - 13 years exp. (39 salaries)

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₹5.5 L/yr - ₹16 L/yr

arrow icon 245% more
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₹2.8 L/yr - ₹7 L/yr

arrow icon 29% more
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South Indian Bank Assistant Manager Salary

2 - 10 years exp. (36 salaries)

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₹5 L/yr - ₹15.8 L/yr

arrow icon 236% more
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Canara Bank Assistant Manager Salary

3 - 10 years exp. (23 salaries)

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₹7 L/yr - ₹14.5 L/yr

arrow icon 249% more
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Shinhan Bank Assistant Manager Salary

2 - 8 years exp. (19 salaries)

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₹3.5 L/yr - ₹7.7 L/yr

arrow icon 53% more
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₹8.7 L/yr - ₹15 L/yr

arrow icon 298% more
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Bank of Baroda Assistant Manager Salary

5 - 11 years exp. (11 salaries)

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₹7 L/yr - ₹15.3 L/yr

arrow icon 254% more
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Union Bank of India Assistant Manager Salary

1 - 7 years exp. (10 salaries)

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₹7.2 L/yr - ₹11 L/yr

arrow icon 211% more
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₹6.5 L/yr - ₹10.6 L/yr

arrow icon 188% more
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Paytm Payments Bank Assistant Manager Salary

3 - 7 years exp. (4 salaries)

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₹9 L/yr - ₹13.3 L/yr

arrow icon 224% more
Assistant Manager salary at Kotak Mahindra Bank ranges between ₹1.3 Lakh to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 628 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Assistant Manager in Chennai

3d ago
₹3.3 Lakhs
5 years exp.
3d ago
₹3.5 Lakhs
2 years exp.
6d ago
₹3.5 Lakhs
5 years exp.
1w ago
₹3.5 Lakhs
4 years exp.
2w ago
₹3.6 Lakhs
5 years exp.
2w ago
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1 year exp.
3w ago
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8 years exp.
3w ago
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4 years exp.
3w ago
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1 year exp.
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2 years exp.

Experience wise Kotak Mahindra Bank Assistant Manager salaries in Chennai

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
Fresher  (42 salaries)

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₹1.3 L/yr - ₹4 L/yr
1 year  (98 salaries)

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₹1.7 L/yr - ₹4 L/yr
2 years  (133 salaries)

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₹1.6 L/yr - ₹4.5 L/yr
3 years  (121 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
4 years  (101 salaries)

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₹1.8 L/yr - ₹4.2 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
(658 salaries)
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₹1.8 L/yr - ₹8 L/yr
Sales Manager Salary
(68 salaries)
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₹2 L/yr - ₹11.5 L/yr
Branch Manager Salary
(35 salaries)
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₹9 L/yr - ₹27 L/yr
Team Manager Salary
(8 salaries)
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₹1.3 L/yr - ₹9.48 L/yr
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₹4.5 L/yr - ₹8 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

3.3

Rated by 66 employees for salary & benefits

Customer Success, Service & Operations Department

3.0
  •  posted on 25 Oct 2018

2.0
 for  Salary and Benefits

Likes

Good place to work but the compensation is very low and career growth is too slow.

  • Skill development - Good

Dislikes

Partiality growth is highly taken place. Salary should be fixed little bit increased according to the current economic status

read more
  • Salary - Poor
  • +1 more

BFSI, Investments & Trading Department

4.0
  •  posted on 15 Jan 2018

5.0
 for  Salary and Benefits

Likes

Working environment and opportunities for next level... Growth in career... supportive team leaders and managers...

  • Salary - Excellent
  • +6 more

Dislikes

Salary part was bit disappointed but can earn incentives equal to salary... Also had break restrictions...

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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

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Fixed salary

Dislikes

work culture is very horrible Not supportive attitude of seniors Fake commitments of salary hike No pay for overtimings 365 days (excluded public holidays) never close branch after 7:30 or 8 .

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 22 Mar 2024

4.0
 for  Salary and Benefits

Likes

Salary and appraisal Benefits

  • Salary - Good
  • +1 more

Dislikes

There are no worklife balance many times we worked more than 12 hours manager use abusing words if we can't complete our targets HR also useless many times i tried to complain about this culture but HR can't take any action. I request you to change this culture if you can.

read more
  • Skill development - Poor
  • +4 more
see more salary related reviews

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Kotak Mahindra Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Kotak Mahindra Bank in Chennai?
The average salary of a Assistant Manager at Kotak Mahindra Bank in Chennai typically ranges from ₹1.3 Lakhs to ₹4.7 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Assistant Manager in Chennai at Kotak Mahindra Bank earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.3 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 600+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Assistant Manager at Kotak Mahindra Bank in Chennai?
The estimated take-home salary of a Assistant Manager at Kotak Mahindra Bank in Chennai typically ranges from ₹25,625 to ₹27,054 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹4.7 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 600+ 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 Chennai?
To be a Assistant Manager at Kotak Mahindra Bank in Chennai, 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 ₹8.7 Lakhs to ₹15.0 Lakhs per year
Federal Bank ₹6.0 Lakhs to ₹15.0 Lakhs per year
Bank of Baroda ₹7.0 Lakhs to ₹15.3 Lakhs per year
Canara Bank ₹7.0 Lakhs to ₹14.5 Lakhs per year
IDBI Bank ₹5.5 Lakhs to ₹16.0 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 Chennai?
The salary of a Assistant Manager at companies similar to Kotak Mahindra Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

South Indian Bank ₹5.0 Lakhs to ₹15.8 Lakhs per year
Paytm Payments Bank ₹9.0 Lakhs to ₹13.3 Lakhs per year
Union Bank of India ₹7.2 Lakhs to ₹11.0 Lakhs per year
Central Bank of India ₹6.5 Lakhs to ₹10.6 Lakhs per year
Karur Vysya Bank ₹3.5 Lakhs to ₹14.3 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 Chennai?
The salary growth for a Assistant Manager at Kotak Mahindra Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Chennai can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹1.3 Lakhs to ₹4.0 Lakhs per year
1 year ₹1.7 Lakhs to ₹4.0 Lakhs per year
2 years ₹1.6 Lakhs to ₹4.5 Lakhs per year
3 years ₹1.8 Lakhs to ₹4.5 Lakhs per year
and so on.

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Kotak Mahindra Bank Assistant Manager salary in Chennai ranges between ₹1.3 Lakh to ₹4.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 628 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.