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

Annual salary range
0 - 9 years exp.
₹1.4 Lakh - ₹4.9 Lakhs
Salary of majority employees
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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 - 8 years exp. (213 salaries)
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₹1.4 L/yr - ₹4.9 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
0 - 8 years exp. (153 salaries)
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₹1.8 L/yr - ₹4.4 L/yr

Sales & Business Development
Assistant Manager Salary
0 - 8 years exp. (141 salaries)
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₹2 L/yr - ₹4.5 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 9 years exp. (105 salaries)
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₹1.8 L/yr - ₹4.5 L/yr

Marketing & Communication
Assistant Manager Salary
0 - 5 years exp. (25 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 Pune

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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (748 salaries)

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₹1.4 L/yr - ₹4.9 L/yr

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

0 - 9 years exp. (907 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 15% more
2 job openings
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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (649 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 10% more
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (515 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 15% more
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Yes Bank Assistant Manager Salary

0 - 10 years exp. (239 salaries)

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₹2.1 L/yr - ₹6.7 L/yr

arrow icon 27% more
1 job opening
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IndusInd Bank Assistant Manager Salary

0 - 9 years exp. (138 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 10% more
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Bandhan Bank Assistant Manager Salary

0 - 11 years exp. (121 salaries)

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₹2.6 L/yr - ₹5.5 L/yr

arrow icon 11% more
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IDFC FIRST Bank Assistant Manager Salary

0 - 9 years exp. (86 salaries)

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₹3.1 L/yr - ₹7 L/yr

arrow icon 41% more
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RBL Bank Assistant Manager Salary

1 - 9 years exp. (66 salaries)

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₹2.1 L/yr - ₹6.2 L/yr

arrow icon 19% more
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IDBI Bank Assistant Manager Salary

0 - 12 years exp. (41 salaries)

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₹7.2 L/yr - ₹18 L/yr

arrow icon 250% more
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₹7.5 L/yr - ₹16.3 L/yr

arrow icon 280% more
View all
Assistant Manager salary at Kotak Mahindra Bank ranges between ₹1.4 Lakh to ₹4.9 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 748 latest salaries received from various employees of Kotak Mahindra Bank.

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

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Experience wise Kotak Mahindra Bank Assistant Manager salaries in Pune

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
Fresher  (58 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
1 year  (143 salaries)

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₹1.4 L/yr - ₹4.8 L/yr
2 years  (167 salaries)

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₹1.8 L/yr - ₹4.6 L/yr
3 years  (146 salaries)

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₹2 L/yr - ₹4.9 L/yr
4 years  (96 salaries)

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₹2 L/yr - ₹4.5 L/yr
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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
(836 salaries)
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₹1.75 L/yr - ₹7.5 L/yr
Sales Manager Salary
(81 salaries)
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₹2.5 L/yr - ₹11 L/yr
Branch Manager Salary
(55 salaries)
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₹7 L/yr - ₹21 L/yr
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₹4 L/yr - ₹8.89 L/yr
Team Manager Salary
(8 salaries)
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₹3 L/yr - ₹10 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

3.7

Rated by 112 employees for salary & benefits

Sales Department

4.0
  •  posted on 05 Nov 2019

4.0
 for  Salary and Benefits

Likes

It's growing company in the market and also service is very good, so we can easily target the customers.

  • Salary - Good
  • +2 more

Dislikes

...h workload is there, so much working pressure and no work life balance is there. Salary is very low as compare to other.

read more
  • Work satisfaction - Poor
  • +1 more

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

Full Time

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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

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  • 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.

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Full Time

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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.

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  • 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.

read more
  • 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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1w
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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 Pune?
The average salary of a Assistant Manager at Kotak Mahindra Bank in Pune typically ranges from ₹1.4 Lakhs to ₹4.9 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Assistant Manager in Pune at Kotak Mahindra Bank earn more than ₹3.8 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 700+ Kotak Mahindra Bank employees in India.
What is the estimated take home salary of a Assistant Manager at Kotak Mahindra Bank in Pune?
The estimated take-home salary of a Assistant Manager at Kotak Mahindra Bank in Pune typically ranges from ₹25,631 to ₹27,060 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹4.9 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 700+ 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 Pune?
To be a Assistant Manager at Kotak Mahindra Bank in Pune, 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 ₹7.5 Lakhs to ₹16.3 Lakhs per year
Canara Bank ₹6.0 Lakhs to ₹18.0 Lakhs per year
Federal Bank ₹5.6 Lakhs to ₹18.0 Lakhs per year
IDBI Bank ₹7.2 Lakhs to ₹18.0 Lakhs per year
South Indian Bank ₹6.6 Lakhs to ₹15.0 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 Pune?
The salary of a Assistant Manager at companies similar to Kotak Mahindra Bank in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India ₹8.5 Lakhs to ₹13.0 Lakhs per year
Paytm Payments Bank ₹6.0 Lakhs to ₹19.5 Lakhs per year
Central Bank of India ₹6.0 Lakhs to ₹12.5 Lakhs per year
UCO Bank ₹8.0 Lakhs to ₹12.0 Lakhs per year
Karur Vysya Bank ₹5.0 Lakhs to ₹12.0 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 Pune?
The salary growth for a Assistant Manager at Kotak Mahindra Bank in Pune depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Pune can expect the following growth trajectory at Kotak Mahindra Bank:

Experience Average Salary Range
Fresher ₹1.8 Lakhs to ₹4.5 Lakhs per year
1 year ₹1.4 Lakhs to ₹4.8 Lakhs per year
2 years ₹1.8 Lakhs to ₹4.6 Lakhs per year
3 years ₹2.0 Lakhs to ₹4.9 Lakhs per year
and so on.

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Kotak Mahindra Bank Assistant Manager salary in Pune ranges between ₹1.4 Lakh to ₹4.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 748 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.