Kotak Mahindra Bank Mumbai Assistant Manager Salaries by 3400+ Employees (Updated 2025)

0 - 9 years exp.

₹1 Lakh - ₹5 Lakhs

Salary of majority employees

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. (1k salaries)	₹1 L/yr - ₹4.6 L/yr
Customer Success, Service & Operations Assistant Manager Salary 0 - 9 years exp. (923 salaries)	₹1.4 L/yr - ₹5 L/yr
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Finance & Accounting Assistant Manager Salary 0 - 9 years exp. (604 salaries)	₹1.4 L/yr - ₹5 L/yr
Sales & Business Development Assistant Manager Salary 0 - 9 years exp. (170 salaries)	₹1.1 L/yr - ₹5 L/yr
Marketing & Communication Assistant Manager Salary 0 - 7 years exp. (60 salaries)	₹1.5 L/yr - ₹4.6 L/yr

Last Updated: 8 Mar 2025

Companies similar to Kotak Mahindra Bank for Assistant Manager in Mumbai

Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (3.5k salaries)

₹1 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.6k salaries)	₹1.8 L/yr - ₹7 L/yr 10% more
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	₹2 L/yr - ₹6 L/yr 15% more
Login to view exact salary
Axis Bank Assistant Manager Salary 0 - 9 years exp. (2.5k salaries)	₹1.8 L/yr - ₹6 L/yr 16% more	2 job openings
State Bank of India Assistant Manager Salary 0 - 12 years exp. (75 salaries)	₹6.5 L/yr - ₹20 L/yr 294% more
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (573 salaries)	₹1.7 L/yr - ₹6.2 L/yr 9% more	1 job opening
Yes Bank Assistant Manager Salary 0 - 11 years exp. (849 salaries)	₹2.4 L/yr - ₹6.6 L/yr 28% more	1 job opening
Standard Chartered Assistant Manager Salary 2 - 18 years exp. (133 salaries)	₹5 L/yr - ₹17.8 L/yr 209% more
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (32 salaries)	₹6 L/yr - ₹19 L/yr 262% more
Punjab National Bank Assistant Manager Salary 1 - 11 years exp. (6 salaries)	₹6.5 L/yr - ₹12 L/yr 167% more
Federal Bank Assistant Manager Salary 0 - 8 years exp. (102 salaries)	₹7 L/yr - ₹18.5 L/yr 266% more

View all

Assistant Manager salary at Kotak Mahindra Bank ranges between ₹1 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 3.5k latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Assistant Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (329 salaries)	₹1.1 L/yr - ₹4.5 L/yr
1 year (586 salaries)	₹1 L/yr - ₹4.5 L/yr
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2 years (743 salaries)	₹1.5 L/yr - ₹4.6 L/yr
3 years (662 salaries)	₹1.5 L/yr - ₹4.6 L/yr
4 years (484 salaries)	₹1.7 L/yr - ₹5 L/yr
5 years (357 salaries)	₹1.8 L/yr - ₹5 L/yr
6 years (205 salaries)	₹2 L/yr - ₹4.8 L/yr
7 years (89 salaries)	₹2.2 L/yr - ₹4.5 L/yr
8 years (27 salaries)	₹2.7 L/yr - ₹4.5 L/yr
9 years (11 salaries)	₹3.2 L/yr - ₹4.3 L/yr

View all

From

Assistant Manager

0 - 9 years exp.

Deputy Manager

₹

Lakhs/yr

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

(3.4k salaries)

₹1.65 L/yr - ₹8.2 L/yr

Branch Manager Salary

(137 salaries)

₹7.5 L/yr - ₹25.56 L/yr

Sales Manager Salary

(130 salaries)

₹1.8 L/yr - ₹10.7 L/yr

Operations Manager Salary

(40 salaries)

₹2 L/yr - ₹12 L/yr

Team Manager Salary

(17 salaries)

₹2 L/yr - ₹9.76 L/yr

Assistant Manager O&M Salary

(5 salaries)

₹2.78 L/yr - ₹3.2 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

3.0

Rated by 347 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 12 Oct 2023

3.0

for Salary and Benefits

Likes

Company is having excellent relationship with their customers and employees. Company is providing salary on time. there is a lot of things which l learnt from there. I'm thankful that I joined the kotak Mahindra Bank

Skill development - Good

+2 more

Dislikes

There is some maneger who is having a very bad attitudes. They provide you a lot of pressure regarding to Target. They humiliat you in front of a lot of person. Due to a few manager in this organisation, the environment is not good specially this manager zone. they don't leave us on time.

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Nov 2023

2.0

for Salary and Benefits

Likes

The Bank is having an excellent environment work life is very very smooth in mostly all departments . Work culture is very good people are very supportive one of the best canteen you will get love the place and vibes.

Skill development - Excellent

+3 more

Dislikes

The Bank salary structure is not that good. Internal politics which no one can blame as in every private banks you will get.

Salary - Poor

+1 more

Assistant Manager in Mumbai

This is what I am not sure from 1½ year ,as per boss I am something and... Department

1.0

• posted on 04 Sep 2019

1.0

for Salary and Benefits

Likes

Any one can mark attendance at any time in a Day

Dislikes

Everything... HR policies are pathetic as well as no growth Salary hike will be 200-300 rs per month after working for 1½ year They won't revert you untill and unless you take any serious actions No matter what happens after my review cause I have proofs...

Salary - Bad

+6 more

Assistant Manager in Mumbai

Human Resources Department

4.0

• posted on 20 Sep 2019

3.0

for Salary and Benefits

Likes

KOTAK MAHINDRA BANK HAS GIVEN ME CONFIDENCE OF SPEAKING TO CLIENTS WITHOUT ANY NERVOUSNESS THANKS ALOT KOTAK MAHINDRA BANK

Skill development - Excellent

+5 more

Dislikes

Nothing much except the salary package. The pressure is more and salary is less

Assistant Manager in Mumbai

Customer Service Department

5.0

• posted on 11 May 2022

4.0

for Salary and Benefits

Likes

Was my first job experience was very good management was too supportive. On & off Job Training was Superb. Job Security is very good. Can speak directly to management without the hierarchy also. In case again got a chance will surely work for them. Awards & recognition were there.

Salary - Good

+6 more

Dislikes

Compensation was quite low.

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What people are saying about Kotak Mahindra Bank

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Kotak Mahindra Bank Assistant Manager Salary FAQs

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

Assistant Manager salary at Kotak Mahindra Bank in Mumbai ranges between ₹1.0 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 58% less than the average Assistant Manager Salary in India. Salary estimates are based on 3.5k latest salaries received from various employees of Kotak Mahindra Bank Mumbai.

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

The average salary of a Assistant Manager at Kotak Mahindra Bank is 58% less than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Kotak Mahindra Bank?

Casa, Current Account, Sales, Insurance and Field Sales are some of the popular skills required to work as a Assistant Manager at Kotak Mahindra Bank Mumbai.

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

Paytm Payments Bank Assistant Manager Salary - ₹13.0 Lakhs to ₹14.5 Lakhs per year
State Bank of India Assistant Manager Salary - ₹6.5 Lakhs to ₹20.0 Lakhs per year
Federal Bank Assistant Manager Salary - ₹7.0 Lakhs to ₹18.5 Lakhs per year
Bank of Baroda Assistant Manager Salary - ₹6.0 Lakhs to ₹19.0 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹17.5 Lakhs per year

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

Canara Bank Assistant Manager Salary - ₹5.0 Lakhs to ₹17.0 Lakhs per year
Barclays Investment Bank Assistant Manager Salary - ₹8.0 Lakhs to ₹13.4 Lakhs per year
South Indian Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹16.0 Lakhs per year
Union Bank of India Assistant Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Standard Chartered Assistant Manager Salary - ₹5.0 Lakhs to ₹17.8 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Kotak Mahindra Bank ranges between ₹25,575 per month to ₹27,006 per month in Mumbai. The take-home salary calculation is based on the average Kotak Mahindra Bank Assistant Manager salary in India which ranges between ₹1.0 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 62% of the Kotak Mahindra Bank Assistant Managers in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.8k responses on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Assistant Manager Salaries in Mumbai

Kotak Mahindra Bank Assistant Manager salary in Mumbai ranges between ₹1 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3.5k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

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

Companies similar to Kotak Mahindra Bank for Assistant Manager in Mumbai

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

Experience wise Kotak Mahindra Bank Assistant Manager salaries in Mumbai

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Assistant Manager

Salary related reviews for Kotak Mahindra Bank

Assistant Manager in Mumbai

Assistant Manager in Mumbai

Assistant Manager in Mumbai

Assistant Manager in Mumbai

Assistant Manager in Mumbai

Kotak Mahindra Bank Assistant Manager Salary FAQs

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