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Kotak Mahindra Bank Associate Manager salaries in India

Annual salary range
1 - 6 years exp.
₹1.4 Lakh - ₹5 Lakhs
Salary of majority employees
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80% less than the average Associate Manager Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

Sales & Business Development
Associate Manager Salary
1 - 6 years exp. (14 salaries)
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₹1.9 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Associate Manager Salary
1 - 4 years exp. (11 salaries)
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₹1.4 L/yr - ₹3.8 L/yr

Customer Success, Service & Operations
Associate Manager Salary
1 - 5 years exp. (11 salaries)
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₹1.6 L/yr - ₹4 L/yr

Finance & Accounting
Associate Manager Salary
1 - 5 years exp. (11 salaries)
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₹2.5 L/yr - ₹3.9 L/yr

Last Updated: 11 Jan 2025

Companies similar to Kotak Mahindra Bank for Associate Manager

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

0 - 8 years exp. (25 salaries)

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₹2.5 L/yr - ₹6 L/yr

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ICICI Bank Associate Manager Salary

0 - 6 years exp. (37 salaries)

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₹2.2 L/yr - ₹7.6 L/yr

arrow icon 35% more
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Axis Bank Associate Manager Salary

1 - 6 years exp. (15 salaries)

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₹2.5 L/yr - ₹5.1 L/yr

arrow icon 23% more
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State Bank of India Associate Manager Salary

0 - 8 years exp. (5 salaries)

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₹7 L/yr - ₹14 L/yr

arrow icon 240% more
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IndusInd Bank Associate Manager Salary

0 - 10 years exp. (1.1k salaries)

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₹1.5 L/yr - ₹7 L/yr

arrow icon 29% more
7 job openings
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Yes Bank Associate Manager Salary

2 - 9 years exp. (16 salaries)

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₹2.6 L/yr - ₹6.5 L/yr

arrow icon 29% more
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Federal Bank Associate Manager Salary

0 - 12 years exp. (5 salaries)

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₹9.2 L/yr - ₹12 L/yr

arrow icon 239% more
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IDFC FIRST Bank Associate Manager Salary

0 - 6 years exp. (265 salaries)

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₹2.4 L/yr - ₹7 L/yr

arrow icon 16% more
5 job openings
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RBL Bank Associate Manager Salary

3 - 6 years exp. (5 salaries)

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₹3 L/yr - ₹4.8 L/yr

arrow icon 37% more
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Bandhan Bank Associate Manager Salary

0 - 4 years exp. (7 salaries)

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₹3.4 L/yr - ₹5 L/yr

arrow icon 27% more
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₹15 L/yr - ₹19.9 L/yr

arrow icon 434% more
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IDBI Bank Associate Manager Salary

0 - 4 years exp. (4 salaries)

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₹6.2 L/yr - ₹14 L/yr

arrow icon 237% more
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₹3.1 L/yr - ₹4 L/yr

arrow icon 10% more
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Paytm Payments Bank Associate Manager Salary

3 - 5 years exp. (4 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

arrow icon 31% more
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Canara Bank Associate Manager Salary

1 - 11 years exp. (3 salaries)

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₹3.3 L/yr - ₹9.8 L/yr

arrow icon 144% more
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₹11.2 L/yr - ₹12 L/yr

arrow icon 280% more
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₹3 L/yr - ₹4.5 L/yr

arrow icon 25% more
Associate Manager salary at Kotak Mahindra Bank ranges between ₹1.4 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 70 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Associate Manager

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Experience wise Kotak Mahindra Bank Associate Manager salaries

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
1 year  (17 salaries)

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₹1.9 L/yr - ₹3.6 L/yr
2 years  (13 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
3 years  (17 salaries)

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₹1.6 L/yr - ₹4 L/yr
4 years  (16 salaries)

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₹1.4 L/yr - ₹3.9 L/yr
5 years  (5 salaries)

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₹2.9 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Kotak Mahindra Bank

Project Manager Salary
(63 salaries)
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₹5.83 L/yr - ₹24.06 L/yr
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₹3.5 L/yr - ₹8 L/yr
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₹2.4 L/yr - ₹3 L/yr
Project Lead Salary
(3 salaries)
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₹11.65 L/yr - ₹15.5 L/yr
Module Lead Salary
(3 salaries)
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₹35.1 L/yr - ₹44.8 L/yr
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₹8 L/yr - ₹13.2 L/yr
Test Lead Salary
(3 salaries)
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₹12.5 L/yr - ₹25 L/yr
Technical Lead Salary
(8 salaries)
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₹20.2 L/yr - ₹64 L/yr
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₹3.94 L/yr - ₹14.5 L/yr
Lead Engineer Salary
(AmbitionBox Estimate)
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₹52.3 L/yr - ₹57.8 L/yr

Salary related reviews for Kotak Mahindra Bank

3.8

Rated by 12 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 27 Dec 2024

2.0
 for  Salary and Benefits

Likes

- Business Heads and Tech Heads are supportive

Dislikes

- poor benefits - poor compensation and variable structure(ex no pro rata variable payout) - poor medical insurance coverage - poor processes and tools - poor culture overall

read more

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 08 May 2023

2.0
 for  Salary and Benefits

Likes

You get a lot of learning exposure. Job security is very good. 5 days working benefit. Overall a great experience.

Dislikes

Newly recruited person are taken for high salary where as existing employees do not have the value. Work for 2 years and change the company we ll have dignity then. Wen required sales and when required service changes in sop very frequently. We end up learning n experience all these as well.

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Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 03 Apr 2021

1.0
 for  Salary and Benefits

Likes

Job security

Dislikes

Poor compensation - No increments given in 2020 despite a great year for the bank. Senior mgmt. benefits from stock options while increments and bonuses for Senior Associates/VPs are significantly lower than peers.

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Dec 2024

4.0
 for  Salary and Benefits

Likes

I am getting good salary that is the only good thing All good things a suddenly vanish with new management

read more

Dislikes

No work life balance now. I have to attend concall even at 9 pm when all branches are closed by 7:30 Every day i get threatened for loosing my job i am very much sacred New management of bank don’t care about staff

read more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 27 Nov 2024

4.0
 for  Salary and Benefits

Likes

Kotak is good for salary hike and appraisal. You can get salary hike and promotion time to time if you perform well.

read more

Dislikes

You will be humiliated everyday. Every day you have to attend atleast 2 con-call. No time for sattle down and customer relationship buildup. Every day is drive day here. You have to relay on your own because support system is pathetic. Have to depend on Service staffs to give common service to customers.

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Kotak Mahindra Bank Associate Manager Salary FAQs

What is the salary of Associate Manager at Kotak Mahindra Bank?
Associate Manager salary at Kotak Mahindra Bank in India ranges between ₹1.4 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 80% less than the average Associate Manager Salary in India. Salary estimates are based on 70 latest salaries received from various employees of Kotak Mahindra Bank India.
How does the salary of a Associate Manager at Kotak Mahindra Bank India compare with the average salary range for this job?
The average salary of a Associate Manager at Kotak Mahindra Bank is 80% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Kotak Mahindra Bank to a Associate Manager in India?
  • HSBC Global Banking and Markets Associate Manager Salary - ₹15.0 Lakhs to ₹19.9 Lakhs per year
  • Barclays Investment Bank Associate Manager Salary - ₹11.2 Lakhs to ₹12.0 Lakhs per year
  • State Bank of India Associate Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
  • Federal Bank Associate Manager Salary - ₹9.2 Lakhs to ₹12.0 Lakhs per year
  • IDBI Bank Associate Manager Salary - ₹6.2 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Associate Manager in companies similar to Kotak Mahindra Bank in India?
  • Canara Bank Associate Manager Salary - ₹3.3 Lakhs to ₹9.8 Lakhs per year
  • RBL Bank Associate Manager Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year
  • ICICI Bank Associate Manager Salary - ₹2.2 Lakhs to ₹7.6 Lakhs per year
  • HDFC Bank Associate Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
  • Paytm Payments Bank Associate Manager Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Associate Manager at Kotak Mahindra Bank in India?
The estimated take-home salary of a Associate Manager at Kotak Mahindra Bank ranges between ₹22,207 per month to ₹23,687 per month in India. The take-home salary calculation is based on the average Kotak Mahindra Bank Associate Manager salary in India which ranges between ₹1.4 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Associate Manager at Kotak Mahindra Bank?
According to AmbitionBox, 57% of the Kotak Mahindra Bank Associate Managers reported a notice period of 1 Month, 23% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 79 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Kotak Mahindra Bank Associate Manager salary in India ranges between ₹1.4 Lakh to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 70 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.