Kotak Mahindra Bank New Delhi Assistant Manager Salaries by 1700+ Employees (Updated 2025)

0 - 9 years exp.

₹1.5 Lakh - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

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

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 0 - 8 years exp. (489 salaries)	₹1.5 L/yr - ₹4.6 L/yr
Customer Success, Service & Operations Assistant Manager Salary 0 - 9 years exp. (446 salaries)	₹1.8 L/yr - ₹5 L/yr
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Sales & Business Development Assistant Manager Salary 0 - 8 years exp. (230 salaries)	₹2 L/yr - ₹5 L/yr
Finance & Accounting Assistant Manager Salary 0 - 8 years exp. (191 salaries)	₹2 L/yr - ₹4.9 L/yr
Marketing & Communication Assistant Manager Salary 0 - 8 years exp. (52 salaries)	₹2 L/yr - ₹4.1 L/yr

Last Updated: 6 Apr 2025

Companies similar to Kotak Mahindra Bank for Assistant Manager in New Delhi

Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (1.7k salaries)

₹1.5 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Manager Salary 0 - 9 years exp. (2.1k salaries)	₹2 L/yr - ₹6 L/yr 16% more	1 job opening
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.3k salaries)	₹2 L/yr - ₹7.3 L/yr 12% more
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ICICI Bank Assistant Manager Salary 0 - 8 years exp. (797 salaries)	₹2 L/yr - ₹6 L/yr 17% more
Yes Bank Assistant Manager Salary 0 - 11 years exp. (569 salaries)	₹2.2 L/yr - ₹6.6 L/yr 27% more	1 job opening
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (333 salaries)	₹1.6 L/yr - ₹6.3 L/yr 8% more
Bandhan Bank Assistant Manager Salary 0 - 12 years exp. (246 salaries)	₹2.4 L/yr - ₹5.7 L/yr 10% more
IDFC FIRST Bank Assistant Manager Salary 0 - 11 years exp. (215 salaries)	₹2.5 L/yr - ₹6.2 L/yr 39% more
RBL Bank Assistant Manager Salary 0 - 10 years exp. (212 salaries)	₹2.5 L/yr - ₹6.8 L/yr 18% more
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (105 salaries)	₹6 L/yr - ₹18 L/yr 267% more
Federal Bank Assistant Manager Salary 0 - 9 years exp. (83 salaries)	₹6 L/yr - ₹19 L/yr 258% more

View all

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 1.7k latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Assistant Manager in New Delhi

4d ago

₹3.9 Lakhs

8 years exp.

4d ago

₹3.7 Lakhs

5 years exp.

4d ago

₹2.3 Lakhs

2 years exp.

1w ago

₹3.6 Lakhs

1 year exp.

1w ago

₹2.2 Lakhs

2 years exp.

1w ago

2 years exp.

1w ago

3 years exp.

1w ago

3 years exp.

1w ago

1 year exp.

1w ago

6 years exp.

Experience wise Kotak Mahindra Bank Assistant Manager salaries in New Delhi

Last Updated: 6 Apr 2025

Experience	Avg Annual Salary
Fresher (127 salaries)	₹1.8 L/yr - ₹4.2 L/yr
1 year (337 salaries)	₹1.5 L/yr - ₹4.5 L/yr
Login to view exact salary
2 years (405 salaries)	₹1.8 L/yr - ₹4.5 L/yr
3 years (351 salaries)	₹2 L/yr - ₹5 L/yr
4 years (255 salaries)	₹2 L/yr - ₹5 L/yr
5 years (124 salaries)	₹2.3 L/yr - ₹5 L/yr
6 years (80 salaries)	₹2.1 L/yr - ₹4.9 L/yr
7 years (21 salaries)	₹2.5 L/yr - ₹4.7 L/yr
8 years (21 salaries)	₹2.8 L/yr - ₹4.6 L/yr
9 years (5 salaries)	₹3.5 L/yr - ₹4 L/yr

View all

From

Assistant Manager

0 - 9 years exp.

Deputy Manager

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

(1.6k salaries)

₹2 L/yr - ₹8.5 L/yr

Branch Manager Salary

(128 salaries)

₹8 L/yr - ₹28.5 L/yr

Sales Manager Salary

(98 salaries)

₹2.4 L/yr - ₹10.15 L/yr

Operations Manager Salary

(21 salaries)

₹3.5 L/yr - ₹9.4 L/yr

Team Manager Salary

(13 salaries)

₹2.35 L/yr - ₹10.47 L/yr

Department Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.05 L/yr

Assistant Manager O&M Salary

(3 salaries)

₹3.1 L/yr - ₹3.8 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

3.5

Rated by 238 employees for salary & benefits

Assistant Manager in New Delhi

Human Resources Department

2.0

• posted on 11 Apr 2022

1.0

for Salary and Benefits

Likes

Company procedures for banking workings is very strong. Though terrible for the staff but safe for the customers.

Dislikes

No job satisfaction, training is an issue, organizational culture and pay scale is poor, exploitation.

Salary - Bad

+4 more

Assistant Manager in New Delhi

Customer Success, Service & Operations Department

4.0

• posted on 31 Jul 2018

3.0

for Salary and Benefits

Likes

Working with Kotak Mahindra Bank Ltd. Was just like having fun along with work. Urge to excel can be seen in every senior and subordinate. Internal promotional online exam. Good product knowledge.Adopts Latest technology.

Skill development - Good

+3 more

Dislikes

Low salary and growth. Late working hours. High work pressure

Assistant Manager in Bangalore / Bengaluru

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.

Skill development - Good

+2 more

Dislikes

Not grown in the bank and salary also low

Assistant Manager in Jalandhar

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 .

Salary - Poor

+5 more

Assistant Manager in Rajkot

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.

Skill development - 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

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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Kotak Mahindra Bank Assistant Manager Salary FAQs

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

The average salary of a Assistant Manager at Kotak Mahindra Bank in New Delhi 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 New Delhi 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 1700+ Kotak Mahindra Bank employees in India.

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

The estimated take-home salary of a Assistant Manager at Kotak Mahindra Bank in New Delhi typically ranges from ₹25,740 to ₹27,168 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 1700+ 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 New Delhi?

To be a Assistant Manager at Kotak Mahindra Bank in New Delhi, 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?

IDBI Bank	₹6.0 Lakhs to ₹18.0 Lakhs per year
Canara Bank	₹6.0 Lakhs to ₹20.0 Lakhs per year
Federal Bank	₹6.0 Lakhs to ₹19.0 Lakhs per year
Bank of Baroda	₹7.0 Lakhs to ₹20.0 Lakhs per year
South Indian Bank	₹6.0 Lakhs to ₹16.3 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 New Delhi?

The salary of a Assistant Manager at companies similar to Kotak Mahindra Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India	₹6.0 Lakhs to ₹15.0 Lakhs per year
Paytm Payments Bank	₹5.3 Lakhs to ₹18.9 Lakhs per year
Central Bank of India	₹6.5 Lakhs to ₹17.0 Lakhs per year
Karur Vysya Bank	₹6.4 Lakhs to ₹15.0 Lakhs per year
UCO Bank	₹6.0 Lakhs to ₹10.0 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 New Delhi?

The salary growth for a Assistant Manager at Kotak Mahindra Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in New Delhi can expect the following growth trajectory at Kotak Mahindra Bank:

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹4.2 Lakhs per year
1 year	₹1.5 Lakhs to ₹4.5 Lakhs per year
2 years	₹1.8 Lakhs to ₹4.5 Lakhs per year
3 years	₹2.0 Lakhs to ₹5.0 Lakhs per year

and so on.

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Kotak Mahindra Bank Assistant Manager Salaries in New Delhi

Kotak Mahindra Bank Assistant Manager salary in New Delhi ranges between ₹1.5 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 1.7k Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Assistant Manager salaries in New Delhi (Updated 2025)

Companies similar to Kotak Mahindra Bank for Assistant Manager in New Delhi

Latest annual salaries shared by Kotak Mahindra Bank Assistant Manager in New Delhi

Experience wise Kotak Mahindra Bank Assistant Manager salaries in New Delhi

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 New Delhi

Assistant Manager in New Delhi

Assistant Manager in Bangalore / Bengaluru

Assistant Manager in Jalandhar

Assistant Manager in Rajkot

Kotak Mahindra Bank Assistant Manager Salary FAQs

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